Authorized capital shows the maximum amount of capital that a company can raise by way of issue of shares at present or in the future. Whereas, the Paid-up Capital refers to the actual amount raised by a company i.e.; amount paid by the shareholders on the issuance of shares. One can register a company in India by any amount of paid-up capital which can be less or equal to the authorized capital but not exceeding the authorized capital.
Private Limited Company Registration is one of the most popular corporate legal entities in the world. Private Limited Company (Pvt. Ltd.) is incorporated under the Companies Act of 2013 and governed by the Ministry of Corporate Affairs (MCA). It is a registered corporate structure, that provides business a separate legal identity from its owners. In this form of company, directors have limited liability to shareholders, perpetual succession, easy to manage compliance, easy equity funding, and transferable ownership i.e. sale or purchase of the company.
The most ideal form of Company for Startups to start a business and apply for funding from Investors. With a Private Limited Company, you can easily chase Bankers, Financial Institutions, and Private Equity Investors for the expansion of your business. Price to service, your leading legal consultant, offers quick Company Registration service in India at nominal pricing. Here you’ll find how you’ll register your company.
We lookout of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the corporate registration process, you receive a Certificate of Incorporation (CoI), along with side PAN and TAN. Now, you’ll open a current checking account and start your business operations.