Private Limited Company Registration
In India, Private Limited Company is the most Popular Type of Corporate legal entity. A Private Limited Company, is a type of privately held small business entity. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the first choice of entity for foreign promoters. This type of business entity limits owner liability to their shares, limits the number of shareholders to 200, and restricts shareholders from publicly trading shares.
On 15.02.2020 Govt has taken another Important Step towards Ease of Doing Business, Now You Will Get Incorporation Certificate, Pan, EPF, ESIC, Professional Tax Registration, Opening of Bank Account at the time of Incorporation of Company.
Note:- As per Press Release of Ministry of Labour & Employment Dated 06 Mar 2020 "The above new companies will have to comply with the provisions of EPF & MPAct, 1952, and ESI Act, 1948 when they cross the threshold limit of employment under the respective Acts."
In General, All Private Limited Company have to file 2-4 forms Regularly in Every Financial Year.
ADT-1:- Intimation to the Registrar by the company for appointment of auditor within 15 Days of Every Appointment.
AOC-4/ AOC-4(CFS):- Required to Filing of Financial Statements for each financial year with the Registrar of Companies (ROC). Those Companies Required to Submit Consolidated Financial Statement Shall be Required to file Form AOC-4(CFS). This Form Shall be File within 30 Days form the Date of Annual General Meeting(AGM).
MGT-7:- Required to Filing of Annual Return by Every Company. This Form Shall be File within 60 Days form the Date of Annual General Meeting(AGM).