The Private limited company registration in Chennai is significant since it is the easiest form of the company. The members must be minimum 2 and maximum of 200 members, who can come together to form the private limited company. For the private companies there is no need to prepare report for the annual general meetings. There is no need to appoint independent directors
The remuneration to the directors is greater than any other forms of the companies. There is possible for the additional grounds for the disqualification of the directors. Hence it is always the most suitable and preferred choice form of the company.
A private limited company is examined as a separate legal entity. This private limited company has own identity and acknowledged as a separate company under law.
The private limited company has the greatest benefit of its limited liability. The liabilities are limited to their shares only. This company feature protects the income of shareholders and personal assets at times of any financial critical points faced by the company.
The private limited companies can pay tax on taxable profits and they are exceptedfrom high personal income tax rates.
Only two shareholders and two members are need to incorporate a private limited company. This gives many Entrepreneurs as a chance to set up their new own company.
A person can act as a shareholder, a director and an employee at the same time, when private limited company is taken into examinations. They are considered as valid too. Solubilis Corporate Services LLP is the Leading Professional firm assist you in registering Company. We register a private limited company registration within 12 working days.
transferring of shares is not as easy when compared with public companies.
Copyright © . All Rights Reserved by SOLUBILIS