Public And Private Limited Company Registration Hyderabad
A company is an association of people created by law to carry business voluntarily for the common purpose and all companies are governed by Companies Act 2013. A company is an artificial person with common seal perpetual succession. Shareholders are the real owners of the company but not the directors. The different types of companies are as follows.
Company limited by guarantee.
Company limited by shares
A company limited by guarantee with a share capital
Limited liability Company
Generally, they are categorized as mentioned below:
Public Limited Companies
Private Limited Companies
The public limited company is a company share of which are traded in the market freely with minimum restrictions comparatively with the Private Company. Name of the public limited company contains the word “Public Limited”.
In order to register a company, an application with name of the company must be filed with registrar of companies (ROC) in the state, it is where the company is going to be incorporated. Make sure that the name of the company is not similar to existing companies. Name of the company ends with the word “Public Limited” or “private limited “company accordingly. MOA & AOA:- Memorandum of association (MOA) and Articles of association (AOA) are also required to in case of incorporating a company. AOA CONTAINS THE FOLLOWING:
Name of the company
Place of business
Nature of business
Nominal value & number of shares
Number of directors and members.
MOA CONTAINS THE FOLLOWING CLAUSES:
LIMITATIONS OF PUBLIC AND PRIVATE LIMITED COMPANY
PUBLIC LIMITED COMPANY
MIN CAPITAL REQUIREMENT: FIVE LAKHS (INR)
MIN DIRECTORS : THREE
MIN SHARE HOLDERS: SEVEN
PRIVATE LIMITED COMPANY
MIN CAPITAL REQUIREMENT: ONE LAKH (INR)
MIN DIRECTORS : TWO
MIN SHARE HOLDERS: TWO
Our company registration executives are skillful in registering public and private limited companies, with our experience we suggest you in a proper way to proceed further in each and every step, these will ease the process of installing your business. so we request you to contact us to get a proper guidance. we also offer other services like proprietorship, one person company, limited liability partnership, partnership services.
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