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Starting a Private Limited Company (Pvt Ltd) in Rajasthan is a popular choice for entrepreneurs aiming to establish a credible and scalable business. This structure offers benefits like limited liability protection, ease of raising funds, and perpetual succession. Here’s a comprehensive guide to help you understand the essentials of registering a Private Limited Company in Rajasthan.
Why Choose a Private Limited Company?
A Private Limited Company is a preferred business structure due to several advantages:
β’ Limited Liability: Shareholders’ personal assets remain protected; their liability is limited to their shareholding.
β’ Separate Legal Entity: The company is distinct from its owners, allowing it to own property and incur debts independently.
β’ Perpetual Succession: The company’s existence isn’t affected by changes in ownership or management.
β’ Ease of Fundraising: Attracting investors is more straightforward due to the structured nature of the company.
Eligibility Criteria
To register a Private Limited Company in Rajasthan, ensure the following:
β’ Directors and Shareholders: A minimum of two and a maximum of fifteen directors; at least one director must be a resident of India.
β’ Unique Name: The companyβs name should be unique and not similar to existing entities.
β’ Registered Office: An official address in Rajasthan for company correspondence.
Documents Required for Private Limited Company Registration
Prepare the following documents for registration:
β’ Identity Proof: PAN card, Aadhaar card, or passport of directors and shareholders.
β’ Address Proof: Recent utility bills, bank statements, or rental agreements.
β’ Photographs: Passport-sized photos of all directors and shareholders.
β’ Registered Office Proof: Utility bill and NOC from the property owner.
Private Limited Company Registration Process
β’ Obtain Digital Signature Certificates (DSC): Required for online filing of forms.
β’ Director Identification Number (DIN): Apply for DIN for all proposed directors.
β’ Name Approval: Submit name choices to the Ministry of Corporate Affairs (MCA) for approval.
β’ Incorporation Application: File the incorporation form (SPICe+) with MOA and AOA.
β’ Certificate of Incorporation: Upon approval, receive the certificate, confirming the company’s legal status.
Post-Incorporation Compliance
After registration, adhere to these compliances:
β’ PAN and TAN Application: Essential for tax purposes.
β’ Bank Account Opening: Open a current account in the companyβs name.
β’ GST Registration: Mandatory if the companyβs turnover exceeds the threshold limit.
β’ Compliance Filings: Regular filings with MCA, income tax returns, and annual financial statements.
Benefits of Registering with E Accountax Manager
At E Accountax Manager, we simplify the registration process:
β’ Expert Guidance: Our professionals assist you at every step.
β’ Time-Saving: We handle documentation and filings, allowing you to focus on your business.
β’ Compliance Assurance: Ensuring adherence to all legal requirements.
β’ Post-Incorporation Support: Assistance with ongoing compliance and financial management.
Embarking on the journey of establishing a Private Limited Company in Rajasthan is a significant step toward business success. With the right guidance and support, the process becomes straightforward and efficient. At E Accountax Manager, we’re committed to helping you navigate this journey seamlessly.
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