A Private Limited Company Registration is a company that is privately held for small businesses.

OVERVIEW

About Private Limited Company Registration in Punjab

To register a Private Limited Company in Punjab, you need to follow the guidelines and procedures set by the Ministry of Corporate Affairs (MCA) in India. Here is a step-by-step overview of the registration process:

Obtain Digital Signature Certificate: The first step is to obtain DSC for all the proposed directors of the company. A DSC is required to digitally sign the documents during the registration process.

Obtain Director Identification Number: Every director of the company must have a unique DIN. You can apply for DIN through the MCA website by submitting the necessary documents and forms.

Name Reservation: Choose a unique name for your company and check its availability on the MCA website. Once you have a unique name, file the application for name reservation (Form RUN) along with the required fee.

Drafting of Memorandum of Association (MoA) and Articles of Association (AoA): Prepare the MoA and AoA of the company. These documents define the scope and objectives of the company, its internal regulations, and the relationship between the company and its shareholders.

Company Incorporation: Once the name is approved, you can proceed with the registration process by submitting the required forms such as Form SPICe (Simplified Proforma for Incorporating Company Electronically) and Form INC-32. These forms contain information about the company's directors, shareholders, registered office address, and other relevant details.

Payment of Registration Fees: Pay the prescribed registration fees based on the authorized capital of the company.

Certificate of Incorporation: After reviewing your application, if everything is in order, the Registrar of Companies (RoC) will issue a Certificate of Incorporation. This certificate signifies the completion of the registration process, and your company is now officially incorporated.

Post-Incorporation Compliance: Once the company is incorporated, you must fulfill certain compliance requirements such as obtaining a Permanent Account Number (PAN) from the Income Tax Department, opening a bank account in the company's name, and obtaining Goods and Services Tax (GST) registration if applicable.

Types of Private Limited Company in Punjab

Limited by shares: The liability of the members is limited to the amount unpaid to the company concerning the shares held by them.

Limited by guarantee: Here the members’ liabilities are limited to the amount of money they guarantee to pay in case the company is wound-up.

Unlimited liability: The liability of members is unlimited in this type of private company. Personal assets of members can be attached and sold when the company is being wound-up.

Checklist for Private Limited Company Registration in Punjab:

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

Process for Private Limited Company Registration in Punjab

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 in Punjab

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 in Punjab

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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Submit required documents and fees

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Client Reviews

Best part of the firm is that, they have all type of business registration service under one roof. We got our RERA registration within very short period of time.

Aditya Aggarwal:
Director- Youngace Global

I met Registration Guru for incorporation of my company- Zotomart private limited in 2016. Since then, then his firm is handling our all compliances and I am very much satisfied with the service.

IKBAL HUSSAIN
Director- Zotomart

I was searching for a Tax consultant to save my tax and also to get advice for my future saving and tax benefit scheme. I found the firm on the internet and I was very satisfied to have their service and their expert advice.

Rajesh Kumar
Head-IT

Frequently Asked Questions ?

The choice of entity depends on circumstance of each case. Private Limited Company has lesser number of compliances requirements. Therefore, generally where there is no requirement of raising of finances through a public issue and the ownership is intended to be closely held by limited number of persons, Private Limited Company is the best choice.

The minimum paid up capital at the time of incorporation of a limited company has to be Indian Rupees 1,00,000 . There is no upper limit on having the authorized capital and the paid up capital. It can be increased any time, by payment of additional stamp duty and registration fee.

The authorized capital is the capital limit authorized by the Registrar of Companies up to which the shares can be issued to the members / public, as the case may be. The paid up share capital is the paid portion of the capital subscribed by the shareholders.

MOA is like a Charter of a Company. Promoter(s) or its/their Authorized Signatory(s) are required to sign MOA in the presence of one or more witnesses stating their full name, father's name, residential address, occupation, number of shares subscribed for, etc

CAOA are byelaws of a company incorporated in India. Promoter(s) or its/their Authorized Signatory(s) are required to sign AOA in the presence of one or more witnesses stating their full name, father's name, residential address, occupation, etc

After filling the above mentioned incorporation documents online, the concerned Registrar of Companies ("ROC") examines all documents. In case the documents are found in order, the concerned ROC issues Certificate of Incorporation ("COI")

On receipt of the certificate of incorporation, a private limited company can start business right away. However, certain local permits are required in most cases.

Yes a foriegn company can incorporate a company or corporation or subsidiary in India. You can give Power of Attorney to an attorney to sign the documents on your behalf. After the Company is incorporated, you can appoint Alternate Directors, to function on your behalf while you are not in India. But at least one director should a resident of India.

You can give Power of Attorney to an attorney to sign the documents on your behalf. After the Company is incorporated, you can appoint Alternate Directors, to function on your behalf while you are not in India. But at least one director should a resident of India.