Different Requirements to Start a Private Limited Company

For the growth of the business, there is a requirement to get its registration. So that it can be ensured that the business organization is authentic. Different legal formalities are to be done by the owners to get their company register. First of all, they need to understand and decide which type of company they want, either they want their own private company, Limited Liability Partnership Company, one-person company, a public company, foreign subsidiary company, and many more. The requirements and the eligibility criteria of different companies are different.

If you are the person that wants to run a private company and start your own business through it. First of all the person needs to consult the experts that will guide him about the private company registration in Bangalore. There is a need to fulfill the various requirements for getting the company registered. Let’s have a look at them.

• The number of members: The first and the foremost important thing to get the company registered to get to know about the number of members that want to collaborate in starting a new private limited company. To start a private company there is a requirement of a minimum of 2 members and the maximum number of members can be 200 according to the Companies Act, 2013.

• Directors: It's important for the company might be having at least 2 directors. Each of the directors should be having a Director Identification Number that is granted from the Ministry of Corporate Affairs. Even it is very important that the directors need to be residents of India

• Digital signature certificate: In today's world, when everything around us is becoming digital. So is this step in the registration of the private company. It is very important to get a digital signature certificate. All the directors have to get this certification done as it will show the authentication of the directors that will work in the company.

• Registered office address: While proceeding with the registration process. There is a need to provide a temporary address for the documentation work. Once the registration process is completed there is a need to get the office address of the company. This address will state that all the company proceedings are done here and also all the important documentation related to the company is kept here.

So these are some of the most important requirements that need to be fulfilled while applying for the new private company. If the person wants to undergo the seamless process of new company registration in Bangalore, he must consult the Nurturelabz. As they are the leading in getting the companies registered through all the legal and fair means. The company can be any if it is not registered properly, the work might not get that authentic and even it will not be able to grab the attention of the people. Once the company is registered, the promotion of the company can be done through various means to get the attention of the customer and even shareholders towards them.