A private limited company is the most common and popular type of corporate form of business in India. This type of business entity can be formed with minimum of two persons to act as directors and shareholders in it. A private limited company limits the liability of the shareholders to the extent of their shareholdings and restricts shareholders from publicly transferring shares. It has its own name, a separate legal entity, perpetual existence and a common seal. It can buy property, incur debts, raise funds in its own name. It is regulated under Companies Act, 2013 and rules made there under. Ministry of Corporate Affairs governs registration of company in India.
Following documents are required for incorporation of LLP:
- Passport size photographs of all the directors and shareholders
- Email ID and Contact Number of all the directors and shareholders
- PAN Card of all the directors and shareholders
- Voter ID/ Passport/ Driving License of all the directors and shareholders
- Copy of utility bill along with NOC/ rent agreement/ sale deed/ lease deed for registered office address.