How to set up a private limited company?

In this blog, I am going to share the information on how to set up a private limited company. This blog is brought to you by the best service provider of private limited company registration in Delhi that will tell you the tips to set a private limited company. Read this blog and set your own private limited company.

The private limited company is the company which is managed by the group of individuals, and they do not offer their own shares to the public. It is the type of privately small business entity. It is a firm that is limited to have fewer shareholders. It is an independent legal structure and has limited liability. Limited liability means the liability is limited to your own stake. It offers legal protection for its shareholder, but it has certain restrictions on its own.

Now, I have 4 major tips that help you to set up a private limited company. Go through these tips and clear your doubt about a private limited company.

1.    Choose a name

The company is the brand or trade name along with its activities. It should be registered name so that your incorporated company is identified. It should be a unique name which does not match to any existing company or LLP.

2.    Have a company address

Company address is the registered office address which is used for all official communication. At the time of company registration, a temporary company address is required.

3.    Appoint at least  two directors

At the time of company registration, at least two directors are required to manage the affairs of the company and one director should be the residents of India.

4.    Apply for DIN/DSC for each director

DIN is an eight digit number allotted to a director. Without applying for DIN/DSC you cannot register for the new private company.

So, these are the helpful tips to set up a private limited company. This will help you to know about the new registration of the company. One of the best and the lavish service provider of FSSAI, GST registration and SSI online registration in Delhi is Tax Home. Tax Home is the best market leader in company registration in Delhi that helps you to solve your business issues quickly & efficiently in less time.