Private Limited Company
Partnering with Sariwal Consultancy provides entrepreneurs the opportunity to establish a
business entity with limited liability, shielding personal assets during business challenges.
This structure, independent of owners, is favored by small and medium-sized businesses due to
its benefits: limited liability, separate legal identity, easy ownership transfer, funding
access, and tax advantages. Registering as a private limited company through Sariwal Consultancy
paves a sturdy path for business expansion in today's dynamic landscape.
Benefits of Private Limited Company Registration:
- Limited Liability: Shareholders benefit from limited liability, protecting personal assets
from business risks, with liability confined to their invested capital.
- Separate Legal Entity: Establishing the company as a separate legal entity, it operates
independently of its owners, possessing its own rights and obligations.
- Perpetual Existence: Guarantees uninterrupted operation despite shareholder changes,
fostering stability and longevity for the business.
- Easy Transfer of Ownership:
Enables smooth share transfers, streamlining the addition of new investors or company sale.
- Capital Raising: Access to capital is bolstered through share sales, enticing potential
investors and nurturing business expansion.
- Tax Benefits:Qualification for diverse tax incentives and deductions diminishes the
company's overall tax burden.
- Professional Image: Boosts credibility and trust among stakeholders, projecting a
professional and earnest business image.
- Limited Compliance: Private limited companies entail fewer compliance requirements compared
to public companies, alleviating administrative burdens.
- Employee Attraction: Provides stock options and ownership stakes to attract and retain
talent, serving as a compelling incentive for employees.
- Asset Protection: Protects personal assets from business debts and legal issues, minimizing
shareholders' personal risk.
Registration Process with Sariwal Consultancy:
- DSC and DIN Acquisition: Directors obtain Digital Signature Certificate (DSC) and Director
Identification Number (DIN) with our assistance, typically completed within 1 to 2 days.
- Name Approval: Submission of proposed names (1 to 6) to the Ministry of Corporate Affairs
(MCA), usually approved within 2 to 3 working days.
- MOA and AOA Drafting: Electronic drafting of Memorandum of Association (MOA) and Articles of
Association (AOA) using Spice MOA (INC-33) and Spice AOA (INC-34), usually finalized in 2 to
3 days.
- Company Registration: Submission of incorporation Spice Form INC-32 with links to Spice MOA
(INC-33) and Spice AOA (INC-34) to MCA. MCA typically approves the application within 5 to 7
days. Mandatory filing of Forms 49A and 49B with SPICe, failing which, the application is
marked 'Invalid' within 2 days of submitting SPICe (INC-32).
