Private Limited Company Registration in India
The Private Limited Company Registration in India is an essential process for entrepreneurs seeking to establish a legal company in India. If you're located in Delhi or in another region of India, knowing the steps and procedures to register the private limited company is vital. In this article we'll look at the most important aspects to take into consideration when completing the registration of a private limited company.
Understanding Pvt. Ltd. Company Registration: The Private Limited Company Registration process is an legal procedure by which a company is registered as a separate legal entity from its owner. This type of structure provides the protection of a limited liability to its shareholders, and also provides the best possible setting for business activities.
Importance of Pvt. Ltd. Company Registration in India: Private Limited Company Registration in India can provide many advantages, including reduced liability security, access to financing opportunities, tax benefits and increased credibility in the public's eyes as well as investors. This is the most favoured option for business structures for small and new firms due to its versatility and adaptability.
Key Requirements for Pvt. Ltd. Company Registration Online: In order to register as a private limited business in India the company must meet some requirements, which include having at least two shareholders and directors as well as a registered address for your office and a distinct name that is in line with the Companies Act, 2013. Furthermore, you have to get a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for directors.
Procedure for Pvt. Ltd. Company Registration: The procedure of the Private Limited Company Registration Online includes a series of steps, which include the obtaining of DSC along with DIN for directors, submitting an request of name reservation to the Registrar of Companies (ROC) in addition to creating an Memorandum of Association (MOA) and Articles of Association (AOA) and filing the incorporation documents with ROC.
Documents Required for Private Limited Company Registration: In order to register your company you must submit diverse documents, including identity proof, proof of address and passport-sized photos of directors as well as documents such as the Memorandum of Association (MOA) and Articles of Association (AOA) of the company.
Legal Compliance and Post-Registration Obligations: After your Private Limited Company Registration in India has been registered, you have to ensure that it is in compliance with different legal and regulatory obligations, like holding monthly board sessions, keeping the statutory registers, submitting annual financial reports and financial returns in accordance with the ROC and observing the tax requirements.
Seeking Professional Assistance for Private Limited Company Registration: The complexities of registering a Pvt. Ltd.Company Registration is a daunting task, particularly for new entrepreneurs. Getting professional help from chartered accountants, secretaries for companies, as well as legal professionals can ease the procedure and ensure compliance with all requirements of the regulatory system.
Types of Private Limited Company
Limited by shares: Limited by shares is the type of business where the responsibility of its shareholders can be limited only to the value not paid on the shares they own, which ensures that shareholders aren't personally liable for any company's debts above their initial stake.
Limited by guarantee: Limited by Guarantee is a type of Private Limited Company Registration Online in which the liability of members is limited by the sum they pledge that they will contribute to the company in the business winding-up, which is typically chosen by non-profit organisations.
Unlimited liability: Unlimited liability is the legal obligation under which an owner of a business is personally accountable for all liabilities and debts of the business, possibly placing personal assets at risk. If you are considering the possibility of Private Limited Company Registration Online in India Entrepreneurs choose this form of organisation to protect themselves from liability, while also protecting your personal belongings from the burden of business obligations and debts.
Checklist for Private Limited Company Registration:
- At least 2 shareholders- Maximum 200
- At least 2 Directors – Maximum of 15
- At least 1 director should be a resident of India
- Directors and shareholders can be the same person.
- An address that acts as a registered address of the company
DOCUMENTS REQUIRED
For Director/Shareholders |
Self-attested Pan card |
Self-attested Voter id or Driving license or Passport |
Self-attested Bank statement or electricity/telephone/mobile bill |
Recent passport-size photo |
For the Registered address of the company |
If the premise is rented/leased |
Copy of the Electricity bill of the owner |
Rent or lease agreement |
NOC from the owner of the property |
REGISTRATION PROCESS
Private Limited Company Registration Process in India
- Name Reservation
- Procurement of Digital signatures
- Preparation of Incorporation documents
- Drafting of MOA/AOA
- Filling of Incorporation documents with MCA
- Filling of Registered office
- Filing of commencement of Business after Incorporation
- Issue of Share certificate to shareholders
WHY US
What will you get from us for Private Limited Company Registration?
- Two Class 3 Digital Signatures
- 2 Director Identification Numbers
- Company Name Approval
- MOA/AOA
- Certificate of Incorporation
- Company PAN & TAN
- Company PF/ESI number
- Company Shop and Establishment Registration
- Incorporation Kit
- Hard-copy Share Certificates
- Commencement of Business Certificate
- Bank Account opening document
- Document Formats
- First auditor appointment
An additional benefit for Private Limited Company Registration
- Bank Account Opening
- Free Domain
- Free Website up to 5 pages
- Listing on Social media platforms
- Listing on Google My Business for nearby business
- Razor pay/Payu money payment gateway for online payment
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How to Apply for Private Limited Company Registration in India.