Director Addition in Vadapalani - Filingpoint


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Filingpoint A private limited company is a separate legal entity with perpetual existence that can be registered now under the Companies Act of 2013. The minimum number of directors and members (shareholders) required for this type of business structure is two. It is the most popular business form in India.

When setting up a private limited company, it is important to understand the total costs involved in the process. This includes fees for consulting with an attorney, filing the necessary paperwork with the registrar, and any additional expenses such as office space, utilities, and licensing fees. The registrar's fees vary according to the authorized capital of the company.

Each director is required to secure a DIN, which is an unique identification number that can be used to verify their identity when applying for a company registration or renewal. The application for DIN includes providing proof of address, passport-sized photos, and other essential details such as a phone number, email address, and PAN or Aadhaar Card. Foreign nationals may need to provide notarized and apostilled documents as well.

The Directors of a private limited company must be qualified to do so by law and the company's Articles of Association. Directors must also adhere to certain compliance requirements, such as conducting annual general meetings and filing annual reports with the registrar. They must not solicit the public to subscribe to shares or debentures of the company, and they should not hold more than 15% of the voting rights of the company.

Call Our Filingpoint Expert +91 72999 72500 For Director Addition in Vadapalani

 

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