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This compliance calendar is a useful tool for all the businesses and professionals to keep an eye on important upcoming due dates, compliance deadlines and milestones. www.papelwork.com +91-8237-490-490 Read full article to know more:

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It is startling to know that newly incorporated companies as registered with the Ministry of Corporate Affairs rose by 24.30% as compared to the previous financial year. So what has led to more companies being registered? Read full article to know more:

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What is Private Limited Company?

Private Limited Company (PLC) is incorporated business set up as a legal entity in its own rights and exist separately from its owners. Private Limited Companies are typically small to medium sized businesses. The owners of the Private Limited Company are called Stakeholder or Shareholder because they own a part or a share of the Company.

The shares of the Private Limited Company are privately held by the shareholder and same cannot be sold on the Stock Market. Private Limited Company includes Banking, Commerce & Finance, Corporate, Commercial, General Law and Entrepreneurship, Management and Leadership subjects. Let’s look for some more details below. 

What will be the expected time duration to registered Private Limited Company?

The process of registration is simplified by the Indian government through the introduction of SPICe Plus Mechanisim under Startup Intiative. PapelWork will apply through SPICe Plus, which is the fastest registration process and the application will be processed within 7 working days. The Process will be completed once you get an Incorporation Certificate.

Do I need to have a commercial office to start a business?

No, commercial office is not required. You can also start your company from home address as the company's registered address. The registered address can be changed at any time after the incorporation. Once you find scale in your business, and you need to have larger office, you can change it by applying to the Registrar. Know More :  Private Limited Registration in India