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Why should you register your Company? 

Registering a company offers many benefits. A registered company makes it genuine and increases the authenticity of your business.

  • Shields from personal liability and protects from other risks and losses.
  • Attracts more customers
  • Procures bank credits and good investment from reliable investors with ease.
  • Offers liability protection to protect your company’s assets
  • Greater capital contribution and greater stability
  • Increases the potential to grow big and expand
  • You will also get Zero Balance Current Account – Powered by DBS Bank *
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letrase

OUR PROCESS

WHY START-UPS PREFER PRIVATE LIMITED COMPANY AS A BUSINESS FORM?

The Private Ltd Company is one of the most preferred business legal forms by growing Indian start-ups. A private limited company can fulfill the requirement of raising funds from private investors easily; attract less tax and is a separate legal entity with perpetual succession which is restricted to other business types. Find out more.

Frequently Asked Questions

Q. What documents are required for director appointment?
A) Documents required from Director: PAN Card, Residence Proof, DIN declarations, Consent letter for appointment etc.
B) Documents required from Company: Board Meeting Resolution for Appointment and Letter of Appointment Startupwala will help you for preparing and filing of these documents with ROC office.
Q. What is Consent Letter from Director?
Anyone to be appointed as Director needs to give his approval for appointment to the Company. This document is known as Consent Letter.
Q. What Forms to be filed for adding a director in a Company?
Form DIR-12 is filed with the MCA portal for appointment of director.
Q. What is the fees and charges for appointing a director?
The fees for filing Form DIR-12 within time limit is Rs. 300.
Q. What is a Minimum number of directors required in a company
Private Limited Company: Two Directors
One Person Company: One Director
Public Limited Company: Three Directors
Q. What is a Maximum number of directors allowed in a company
Private Limited Company: 15 Directors
One Person Company: 15 Directors
Public Limited Company: 15 Directors
The company can appoint more than 15 directors by following Companies Act procedure.
Q. What are different types of directors?
A) Executive Director is one who devotes his whole time of working hours to the company and has a significant interest in the company as his source of income.
B) Non Executive Director does not dedicate his whole time in the day to day functions of the Company. Only attends Board Meetings and guide the company in its policy matters.
C) Additional Director is a director who is appointed at any time between two Annual General Meeting of the Company. Such additional director need to be confirmed as director in next coming AGM.
Q. Who can be appointed as a director of Company?
Any person who has attained the age of 18, is of sound mind, is solvent (not bankrupt) and not convicted by the Court (imprisonment not more than 6 months) can be appointed as a Director.
Q. Who cannot be appointed as a director of Company?
Any person who is a minor, is not mentally fit, is bankrupt and is convicted by Court for imprisonment for more than 6 months, cannot be appointed as a Director.
Q. What is a minimum age to become a director?
18 Years. If the same person has to appointed as a Managing Director it is 21 Years.
Q. What is a maximum age limit to for a director?
There is no maximum age limit. However maximum age limit for Managing Director is 70 years.

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