Starting Your Own Business in India: A Guide to Private Limited Companies with Udyogpath Bharat Pvt Ltd

December 23 2023

Thinking of starting your own business in India? A private limited company might be the perfect structure for you! Here's a simplified breakdown of what you need to know, with references to Udyogpath Bharat Pvt Ltd 

Benefits of a Private Limited Company:

  • Limited Liability: Protect your personal assets. Your liability is limited to your investment in the company.

  • Separate Legal Entity: Your company is distinct from you, allowing it to own property, enter contracts, and sue or be sued.

  • Minimum of 2 Shareholders: Share ownership and profits with others.

  • Minimum of 2 Directors: Manage your company with a team.

  • Flexible Share Capital: Invest at least Rs. 1 lakh, but you can adjust according to your needs.

  • Private Investment: Raise capital through private placements, not public offerings.

What You Need to Get Started:

  • At least 2 shareholders: Your business partners or investors.

  • At least 2 directors: One must be an Indian resident.

  • A unique company name: Check availability and get approval. (Udyogpath Bharat Pvt Ltd can assist with name search and reservation)

  • Directors with the right documents: DSC, DIN, PAN, and TAN. (Udyogpath Bharat Pvt Ltd can help with obtaining these documents)

  • Compliance with other regulations: GST, EPF, and Professional Tax.

Making it Easy with Udyogpath Bharat Pvt Ltd:

  • Expert guidance and support: We help you navigate the registration process.

  • Name search and reservation: Find the perfect name for your company. (This service is included)

  • Document preparation: We ensure your paperwork is accurate and complete.

  • DSC and DIN assistance: Get the necessary certifications easily. (We can assist with this process)

  • Professional and efficient service: Focus on your business while we handle the legal stuff.

Start your journey today! Udyogpath Bharat Pvt Ltd simplifies private limited company registration, so you can focus on what matters most - building your business!

Contact us today for a free consultation.