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Register in India

Types of Company Pasted image 20241031233131.png

  • Choosing Private Limited:
    • Pays Tax liabilities itself, not individuals (30% + Others)
    • VCs requires pvt.ltd
    • Requires 2 directors (min) -> apply for ROC(Registrar of Companies) from a CA
    • Buying Shares:
      • Each director buys shares (10k shares @Rs.10 = 1L )
      • Receives these:
        • [Authorized Capital] (capacity for shares -> pay gov. to increase)
          • Paid Capital (Actual shares -> can be shared)
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