FAQs on Private Limited Company

Q. How to Select Name for Private Limited Company? with examples

By Paras Mehra 09 Feb 2017

The company name selection should be done on the basis of company name structure. The Company name should start with your brand name e.g Hubco is our brand name (Trademark filed) and hence we have registered Hubco Technologies Private Limited. Likewise, in case of TATA steel limited, TATA is the brand name.

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Q. What are the major advantages for Private Limited Company?

By Paras Mehra 09 Feb 2017

Some major advantages of Private Limited Company Registration are it helps you to raise funding from the Venture Capitals, Angel investors, High net worth individuals etc, It protects your personal assets by limiting your liability.

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Q. What are the major disadvantages for Private Limited Company?

By Paras Mehra 09 Feb 2017

Few of the disadvantages of private company registration are as It increases your yearly compliance cost, as Audit of private Limited Company is mandatory even in case of zero turnover, Doing business under Private Limited Company is not flexible, as there are too many regulations to comply with.

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Q. Practical meaning of Pvt ltd Company with examples?

By Paras Mehra 09 Feb 2017

Practically, a private Limited Company is the second name of starting up a business in India. It is the most organized form of business to start with.

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Q. What is a startup Company? And how to register a startup Company in India?

By Paras Mehra 09 Feb 2017

Practically, there is no term like Startup Company. Private Limited Company is popularly known as Startup Company in India because it is the only form of business which can raise funding easily.

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Q. What is a difference between Sole Proprietorship and Pvt Ltd Company?

By Paras Mehra 09 Feb 2017

Private Limited Company is the superior form of business than Sole proprietorship in India and offers various advantages over the sole proprietorship form of business in India

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Q. How to check company registration number online?

By Paras Mehra 09 Feb 2017

To verify any company registration number, which is commonly known as CIN number, can be verified from the Ministry of Corporate Affairs (MCA) website, i.e. mca.gov.in.

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Q. What do you mean by Registrar of Companies (ROC) in India?

By Paras Mehra 09 Feb 2017

Registrar of Companies (ROC) is the government post who takes care about the company’s record within its jurisdiction.

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