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Private Limited Company Registration In Bangalore

Private limited company registration in Bangalore is an important task which raises the credibility of a business. It is the most desired form of business structure in India. Corpstore have been elected as the best consultants in the city by the people. Our professional firm has now extended its services in various places of Bangalore like Indira nagar, Koramangala, Malleswaram, Richmond town, Rajaji nagar, Basavanagudi and M.g. road. The share’s of the private limited company is holded by the management, founders and the private investors.
It requires only minimum number of the shareholders of the company and all legal compliances are very less in the formation of private limited company. Also the management and decision making is very easy and there is only minimum share capital. Private limited Company registration in Bangalore is done at an affordable cost. Since the liability is limited in private organizations- the personal assets cannot be touched. In case of the death or insolvency, the company continues to exist. The private concern has no need of keeping the index of the members. Prospectus is not given since the public is not invited. The transferability of the shares is restricted since the private limited companies cannot easily transfer the shares and the Government has announced several privileges and exemptions.
They can adopt additional base for the disqualification of the directors. They do not want to make any statuary statement by a certified accountant. The Private limited company registration in Bangalore is easy since it contains less legal formalities. Usually the shareholders themselves work as paid employees and remains under the control of the company. The private limited company enjoys the tax benefits along with the limited liability. Hence it is the preferred form of a business for all kind of entrepreneurs.
Documents Required For Private Limited Company
  • Identity proof
  • Bank passbook
  • PAN card of the applicant
  • Passport
  • Address proof
  • Driving license
  • Voter Id card
  • Aadhaar card
  • Photo
  • Water bill
  • Property tax receipt

Benefits Of Private Limited Company Registration
  • Limited liability
  • Tax advantages
  • Finance and resources
  • There is business continuity
  • Perpetual succession