Famous Private Limited for Annual Filing in Chennai

 

A private limited company is a small business entity which limits its liability to its shareholders. It is also a relatively easy structure to set up. Nonetheless, there are some legal requirements to be met before registering the private limited company in Chennai.

For instance, the company must hold an Annual General Meeting. This should be held at a registered office. The meeting should not take place on public holidays.

A private limited company is a legal entity that can only carry out activities listed in its object clause. Hence, the registration process of a private limited company is important.

The other thing that must be done is to obtain a Digital Signature Certificate (DSC). DSC helps a director to sign documents digitally. Failing to get the required DSC can lead to large penalties and a lowered business status.

Another item to look for is a CIN or Director Identification Number. A unique identification number assigned to the company by the Registrar of Companies in various states under the MCA.

If you plan on registering a private limited company in Chennai, you'll need to fill out a number of forms and pay a certain amount of fees. In the initial stages, it might take seven to ten days to file all the necessary paperwork.

A private limited company is required to file an annual return. An annual return is a document that outlines the business's activities for the year. Filing a return is a good way to keep the books in good order.