Private Limited Company Registration In Chennai

Private limited company registration in Chennai is possible now with various benefits. We Corpstore are in front to take over the registration services and our reputed firm has extended its wings in various places of Chennai like Madipakkam, T-Nagar, Vanuvampet, Nanganallur and Pallavaram. The liability of the shareholders become limited and they can raise the outside funding in an easy manner. This type of company is flexible. There is greater stability and greater capital contribution and there is no prescribed minimum or maximum capital. There is huge belief to grow big and can expand. It is the most preferred type of business for most of the investors. Hence in short it can be described as investor friendly and it is treated as a separate legal entity; so that it can own assets and the liabilities on its own.

Online private limited company registration in Chennai is the most desirable type of business for the entrepreneurs and the entrepreneurs can easily raise the funds from banks and many of the financial institutions. It is always unaffected by the death of the member. Thus it has the perpetual succession. Another important feature is that, private limited company should have at least two directors to begin the operations. The companies Act 2013 has given the restrictions on share transfer by the shareholders of the private companies. There is also limitation on public deposits. The private companies cannot borrow any of the funds from the public. The registration is now available through online- which has become easier just by uploading the documents. There is wide range of allowances and the tax is deductible against the company profits. Private limited company registration in Chennai is essential since there exists the dual relationship and it acts as a separate legal entity.