Private Limited Company Registration in Haryana
Because of its favorable business environment, Haryana is a great place to register a private limited company. The state's strategic location, well-developed infrastructure, favourable tax policies, skilled workforce, and proactive government support create a highly attractive setting for entrepreneurs and businesses.
Private Limited Company Registration in Haryana
A private limited company is an independent legal body with a distinct personality. Once the company name has been approved, it is essential to submit all necessary legal forms and documents to the relevant government bodies for registration. In Haryana, this process involves complying with specific state regulations and procedures.
Types of Private Limited Company Registration in Haryana
The necessary requirements for registering a Private Limited Company are listed below:
Limited by share: The unpaid amount of a shareholder's shares is the extent of their liabilities in a firm that is limited by shares. This arrangement means that shareholders are not personally liable for the company's debts beyond their initial investment.
Limited by guarantee: A company limited by guarantee is a type of Private Limited Company where members' liability is limited to the amount they have pledged to contribute if the company is dissolved. This structure is commonly used by non-profit organizations.
Unlimited liability: This could jeopardize a business owner's personal assets since it means they are entirely liable for all corporate debts and obligations. However, choosing Private Limited Company Registration Online in Haryana offers entrepreneurs protection from personal liability, thereby safeguarding their personal assets from any business-related financial obligations.
Document Required of Company Registration
1 Self-attested Pan card
2. Self-attested Voter id or Driving license or Passport
3. Self-attested Bank statement or electricity/telephone/mobile bill
4. Recent passport size photo
For Registered address of company:
If premise is rented/leased
Copy of electricity billed of the owner
Rent or lease agreement
Noc from owner of property
Advantags of Private Limited Company in Haryana
Creating a Private Limited Company in Haryana can offer multiple advantages.
Limited Liability: A shareholder's financial responsibility is capped at the amount they have invested in the business.
Perpetual Succession: Regardless of changes in ownership or management, the company continues to operate and remain stable.
Separate Legal Entity: Operates autonomously, thereby bolstering its credibility and expertise.
Capital Acquisition: Provides a more straightforward approach to fundraising by offering shares for sale.
Tax Benefits: Provides an opportunity to leverage better tax rates and deductions than other types of business structures.
How to Register a Private Limited Company in the State of Haryana
The following steps provide a thorough guide for registering a Private Limited Company:
Digital Signature Certificate (DSC)
Securing Digital Signature Certificates (DSC) for the proposed directors is the initial step. These certificates are crucial for the electronic signing of registration documents, ensuring their security and authenticity.
Director Identification Number (DIN)
Being a director requires having a Director Identification Number (DIN). This unique number is obtained by applying online to the Ministry of Corporate Affairs (MCA) and is necessary for the official documentation and registration of directors.
Name Approval
Selecting a unique business name is important. You must apply to the MCA to confirm that your chosen name does not overlap with any existing company names or trademarks, ensuring the protection of your brand identity.
Document Submission
Once the company name is approved, the subsequent step is to compile and submit the required incorporation documents. This includes the Memorandum of Association (MoA), Articles of Association (AoA), along with any necessary declarations and proof of the registered office address.
PAN and TAN Applications
Getting a Tax Deduction and Collection Account Number and a Permanent Account Number (PAN). These numbers are necessary for handling tax-related activities and ensuring compliance with tax regulations.
Incorporation Certificate
After the MCA assesses and approves your application and documents, an Incorporation Certificate will be issued. This certificate officially confirms the legal formation of your company and features the Corporate Identity Number (CIN).
Bank Account Opening
The concluding step is to set up a corporate bank account with the Incorporation Certificate, PAN, and any other relevant documents. This will help streamline the management and organization of your company’s financial operations.
Choose Registration Guru for Private Limited Company Registration in Haryana
Starting with Registration Guru for your Private Limited Company registration in Haryana connects you with a trusted and experienced partner offering comprehensive support. Specializing in Startup Registration in Haryana, Registration Guru excels in providing an efficient, technology-driven process that ensures every step, from document preparation to final submission, is smooth and hassle-free. Our expert team offers personalized assistance to guarantee your business meets all legal requirements, allowing you to maximize your time and resources. By choosing Registration Guru, you’re not just completing your registration; you’re laying a strong foundation for future success with a partner committed to helping you navigate corporate compliance and foster growth.