Company Registration

Famous Private Limited for Annual Filing in Chennai   If you want to set up a private limited company in Chennai, you need to follow the steps outlined in the Companies Act. This legislation makes it mandatory for all companies to file annual returns, conduct an Annual General Meeting, and other events. Failure to comply with the law can result in administrative dissolution of a domestic or foreign company. There are several companies that offer the services of registering a new company. However, there are a few points you should keep in mind. First, you should create a unique business name. A name should be unique and not be in use by another business. You also need to follow the rules for naming your company, especially when it comes to spelling. Next, you need to draft a memorandum and articles of association, which are a legal document laying out the objectives and duties of the  Private Limited  company . It should also include the details of the sha...

The Benefits of Private Limited for Annual Filing in Chennai   Getting a private limited company registered in Chennai is a relatively easy task. The process is governed by the Companies Act, 2013, which lays down the guidelines for registration of a business. Once you have incorporated your business, it is important to keep all the documentation up to date and follow the annual compliances to ensure the safety of your business. Every private limited company must file an annual return within sixty days of its Annual General Meeting. Failure to do so can result in huge penalties. In addition, a company's name can be removed from the register of companies if a director fails to file a return. This also means that directors will be barred from taking part in future business transactions. In addition, the private limited company must submit its annual financial statement to the Registrar of Companies. This is necessary in order to comply with the require...