START & GROW YOUR BUSINESS - Private Limited Company
Effectively structure your organisation
To incorporate, a private company under the Companies Act, 2013, two persons are required as a subscriber to the Memorandum of Association (constitution document) and Articles of Association (bye-laws of the company). On incorporation, the subscribers become shareholders if the company is limited by shares. Subscribers can be an individual (natural person) or artificial legal entity (for instance a company).
A private limited company must have a minimum of 2 directors and one of the directors shall be resident in India. Director resident in India means a director who stays in India for a period of not less than 182 days during the financial year (1st April to 31st March).
A private company can be
- A private company limited by shares; or
- A private company limited by guarantee; or
- An unlimited private company
How
Mind Sync
Can Help?
We’re committed to finding a way out, always ready to take up the toughest tasks. We take pride in being different. Mind Sync offers a formula of professional services uniquely crafted to address your business challenges, opportunities and create something you didn’t even know you needed.
We team up together with our clients to tackle the business challenges presented by a dynamic world and discover and implement innovative, efficient and effective business solutions.
We team up together with our clients to tackle the business challenges presented by a dynamic world and discover and implement innovative, efficient and effective business solutions.
Do you have any queries?
Contact us on customer.care@mindsync.co.in
This information is in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Mind Sync does not accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any information provided herein. On any specific matter, reference should be made to the appropriate advisor.