A private company is a group of two or more individuals who come together with a common perspective of engaging in business to earn money from it. Persons who engage in such business make standard criteria and a right attitude to form place and avail the opportunities in the capitalist economy, so that it may sustain properly in future.
A private company is made to fulfil the demands arising out of the market conditions and to derive the expected return by investing the human and financial capital of the nation.
Benefits of Private Company Registration
Eligibility for Private Company Registration
Under Section 2 (68) of The Companies Act, the legal requirements of a company are as follows:
While all this happens to be the basic requirements of the company for getting itself registered.
Document Required for Private Company Registration
Under Section 2 (68) of The Companies Act 2013, certain documents are required for the registration, which is as follows:
Company registration establishes the base for the new companies for the increased competition with respect to the stages of the economy.
If you want to register for a new company, BTHAWK is providing the services of registration.