Private Limited Company Registration!
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In India, registering a private limited company is a popular choice for startups and growing businesses due to its legal flexibility, limited liability protection to founders, high market credibility and flexible structure. This comprehensive guide walks you through the process of registering a Pvt Ltd company in India, covering key steps, required documents, costs, benefits, and addressing frequently asked questions.
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- Startup friendly pricing
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- Startup friendly process
PVT LTD COMPANY REGISTRATION
A STEP BY STEP GUIDE
- Start your Business as PRIVATE LIMITED COMPANY. A private Limited Company (Pvt Ltd Company) is the most common form of business, since by nature it is a separate legal entity. Entrepreneur prefers to incorporate a Company as it is a form of business which is separate from its promoters.
- The shareholders hold all the shares of the company privately. Further Indian Companies Act, 2013 has provided certain number of privileges and exemptions to private limited companies in order to facilitate doing business in India easily and effectively without much compliance.
- This comprehensive guide walks you through the process of registering a Pvt Ltd company in India, covering key steps, required documents, costs, benefits, and addressing frequently asked questions.
DOCUMENTS REQUIRED FOR REGISTRATION
- One Color photo graph of the all the persons
- Signed copy of PAN Card of all the persons
- Landlord NOC for registered office (Format will be provided by us)
- Electricity / Water / Gas/ Phone Bill of business premises
- Mobile Number and Email ID of the proposed Directors and Subscribers
- Signed copy of Aadhaar/ Driving Licence/ Voter ID /Passport of all the Person
- Signed copy of the Address Proof(Electricity bill/ Gas bill/ Phone bill/ Bank Statment) of all the persons
Benefits of Private Limited Company
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EASY TO FORM: A private limited company can be formed by two or more persons pursuant to Companies Act, 2013 and Rules thereunder.
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LIMITED LIABILITY: In a Private Limited Company, the liability of the shareholders is limited. The liability of the members of a company is limited only to the extent of the face value of shares taken up by them.
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MORE CREDIBILITY: Most MNCs and other corporate vendors prefer to deal with Private Limited Companies instead of proprietorships or normal partnerships due to the transparency of the corporate structure.
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STRUCTURED FUND RAISING: Private Limited Companies enjoy wider options to raise funds through bank loans, angel investors, and venture capitalists compared to LLPs and OPCs.
Requirements for Pvt. Ltd. Registration
Minimum 2 Shareholders
One of the Directors must be an Indian Resident
DSC (Digital Signature Certificate) for 2
Minimum 2 Directors
DIN (Director Identification Number) for all Directors
ELIGIBILITY FOR STARTUP INDIA REGISTRATION
- Private Ltd. Co./LLP/Partnership Firm
- Company is Offering Innovative products or service OR
- Registered for not more than 10 years
- Company is having a business model with high potential of employment generation OR
- Turnover does not exceed Rs. 100 crore
- Company is having a business model with high potential of wealth creation
WHAT YOU WILL GET
- 2 Digital Signature Certificates
- 2 Director Identification Numbers
- Registered for not more than 10 years
- Minutes of First Board Meeting
- Article of Association
- Certificate of Incorporation
- PAN and TAN of the Company
- Assistance in opening Bank Account
- PF Registration
- ESI Registration
- Share Certificate
