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Showing posts from November, 2024

How To Change The Office Address Of A Pvt Ltd Company?

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The Registered office of a Private Limited Company is the address where all communications and notices are received on behalf of the company. Having the registered office address changed is a pretty standard business requirement based on expansion, relocation, or change in operational processes. The process may look complicated, however, following certain procedures, the transition can be very easy. Regardless, if you’re thinking in terms of registering your company online or are in the process of updating the company address of your existing private limited company registration then this guide will help you out.  Why do people Opt for a Change of Registered Office Address? Having a registered office is required for official and legal correspondence. Here are some common reasons businesses decide to change their registered office address:   1. Strategic Location: The strategy that is likely to be utilized by the company to address the threats is to move to a city with ...

How OPC Registration Attracts Investors and Capitalists?

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One of the key barriers to entry for many concepts especially for new entrepreneurs is getting funding. In India, the process of One Person Company Registration (OPC) is becoming more popular among startups and other one-member business individuals. Can OPC Registration really unlock the door to angel investors and venture capitalists (VCs)? The response is the features that make it possible for companies to build a sturdy framework and expand. This blog looks at how registering a company as an OPC can help it attract investors.   What is OPC Registration and Why is it Growing Popular? OPC Company Registration provides an opportunity for a single person to start a company but with limited liability and corporate personality. Among the many legal structures in the country, an OPC operates under conclusive corporate laws, unlike the sole trader’s business.   Key Features of One Person Company Registration:   1. Limited Liability: Shields the owner’s o...

Proper Approaches To Obtain PVT LTD Company Registration

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Starting a business in India? Private Limited Company Registration is a process that can be divided into several significant steps, one of which is to get a Director Identification Number (DIN). A DIN is a non-negotiable necessity that forms part of the law for corporate entities for purposes of accountability and discretion. This unique identification number is required by anybody who plans to become a director of a private limited company. This article has enough details on the importance of DIN, particularly when registering a company online or by use of normal channels. That’s why DIN is so crucial for your Pvt Ltd Registration and how LegalRaasta helps you in this process. What is the Director’s Identification Number?    A DIN stands for Directors’ Identification Number issued by the Ministry of Corporate Affairs (MCA) to those who are interested in being directors of a company. This number is inevitable for the Private Limited Company formation and needs to be stated in ...

Discussing The Company Naming Rules and Regulations

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When starting a private limited company in India, one of the most common questions entrepreneurs face is whether it is mandatory to include "Pvt Ltd" in the company name. Legal Requirements for Naming a Private Limited Company The name of a private limited company in India must adhere to specific legal requirements set by the Companies Act, 2013. One of these requirements is the inclusion of the suffix " Private Limited " or its abbreviation " Pvt Ltd " in the company name. Importance of the Suffix for Pvt. Ltd Company 1. Legal Identity:  Pvt Ltd" must be incorporated in the name of the company to show that the business entity is a private limited company. This form of indication provides insight into which kind of company it is and whether it is a public limited company or a sole proprietorship or a partnership. This is an actual indication of the structure of the legal form of the company. 2. Compliance:  As per the Companies Act, 2013, it is mandat...

Role Of Authorized V/s Paid-Up Capital In Pvt. Ltd. Companies

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To begin with, starting a Private Limited Company is a step towards creating a professionally structured business. However, there are some capital requirements for which knowledge is essential during Private Limited Company Registration . Such a term may appear a bit complicated, but it is critical when it comes to dealing with the finances of a company as well as its legal responsibilities. In this article, let us analyze the terms so that you would clearly understand how to register a company together with the financial support to it. What is Authorized Capital? It is also known as registered capital, which is the amount of share capital that a Private Limited Company is allowed to issue. During Company Registration , this limit is provided for in the company’s Memorandum of Association (MOA) and may be revised in the future as the size expands.  For instance, if your company’s authorized capital is set at INR 10 lakh then it infers that your company can offer shares worth INR 1...