A Private Limited Company is the most common form of business in India and very popular among tech startups and a favourite for angel Investors, Banks & other financial institutions. Private Limited Company is a creation of law and can be registered / incorporated as per the law laid down in the companies act 2013 and the rules made thereunder. Any two person can open private limited company with a limitation of maximum 200 members, FDI in private limited company is allowed under automatic route. Our Dedicated Private Limited Company Registration Specialist shall be available to assist you for Incorporation of Company in Delhi, Noida, Gurgaon, Ghaziabad, Faridabad & Other NCR region.
what is Private Limited Company registration
Private Limited Company, is the best corporate structure to start your own business.
It can be registered with minimum two members and maximum with two hundred members.
The private limited company is juristic, and the liability of members is limited to their shares.
The private limited company can be registered within 10 days.
A private limited company must hold board meeting and file annual returns with MCA (Ministry of Corporate affairs).
Private limited company has more credibility than an LLP or General Partnership.
Venture capitalist and Angel investor prefers to invest in a private limited company.
Approximate every year, more than 100,000 companies registered India.
- Two DSC & Two DINs
- Name Reservation
- MoA & AoA
- MCA Govt. Fees
- CIN No
Service Tax Extra on Professional Fees, MCA fees estimated based on official stamp duty prevailing in NCT of Delhi.
Advantage of Private Limited Company registration
Liability of Members and Directors of the private limited company is limited to their shares. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of shareholders / Members / Directors will not be at risk of being seized by banks, creditors, and government.
Continuity of Existence
The life of a business is not affected by the status of shareholders and even after the death of the shareholder, the private limited company continues to exist.
The Scope of Expansion
The Scope of expansion is higher because easy to raise capital from a venture capitalist, angel investor, financial institutions and the advantage of limited liability. The private limited offer more transparency in the company.
Company’s brand value will get increased because employees feel secure in joining the private limited company, vendor feel secure in offering credit, investor feels secure in investing, the customer feels trust and confidence in brand in buying company product / services because of a sound corporate structure.
Valuation and Customer
The valuation is an important aspect of the company and high valuation comes from loyal customers. You should work on a business model with a higher lifetime value of a customer; Entrepreneur should focus on higher assessment of the company by offering the unique value proposition to the customer’s life.
Company Registration Process:
All Propose directors of the private limited Company should have a digital signature and digital signature will use to file the registration, ROC compliance forms, and Tax returns.
When a Digital signature is approved, and you will get an approval email from the Registrar of companies that you are now eligible to be a director of a company. It takes one working days to approve DIN.
After a Trademark search, we will proceed to file a Name approval application to ROC on your behalf.
After Name approval from the Registrar of Companies, we will file final incorporation e-form with all supporting documents like registered address proof, Declaration from directors. Registrar of companies takes 3 working days to complete the approval process of a company.
From All Directors and Shareholder.
- PAN Card or Passport or Election ID Card
- Latest Bank Statement/Telephone or Mobile Bill
- Voter’s ID/Passport/Driver’s License
- Passport-sized photograph of all directors and shareholder
- Scan copy of Signature (signature should same as on PAN Card)
For Proposed Registered office (Residential or commercial)
- Any Utility bill
- Scan copy of Rent agreement with NOC from owner
FAQs on Private Limited Company
1. Do I need to be present during this registration process?
Company registration is a 100% online process. No need to be present physically to our office or ministry of corporate affairs. We will send our person to your home or office for document signature.
2. What are AOA and MOA?
AOA refers to articles of association which defines the internal constitution of the company, and MOA defines mission, vision, business objectives of the company in the log run.
3. Do I need to hire a full-time CA/ CS?
No. you need not hire a full-time CA or CS. We will offer your annual compliance package thru you will get the right advice from our team.
4. How much time is required for registering a private limited company in India?
Usually, we register a company in 7 business days.
5. What are the rules for picking a name for a private limited company?
As Per companies act 2013, company Name should be unique, and business objectives should be added to the name. Also, do care that business name and legal should be different. Like Snapdeal is registered as Jasper Infotech Private Limited.
6. What documents are required for registration of a private limited company?
All proposed directors should provide identity proof (like Aadhar/ Passport / DL/ any other government issued ID, Utility bills as address proof, a copy, PAN Card (for Indian Nationals) and Passport (for foreign nationals). No-objection Certificate must be submitted by the owner of the registered office premises.
7. What is a DSC & DIN?
The DSC is an electronic device issued by CA by which you can sign electronic documents. DIN is a director identification number, for registering a company at least two proposed directors should have a valid DIN.
8. What is the validity of the registration of a private limited company?
A registration certificate issued by the registrar of the business is valid until you are meeting applicable compliance.
Compare Your Options
|Particular||Private Limited Company||Limited Liability partnership||One Person Company||Partnership||Proprietorship|
|Recommended For||Early-stage entrepreneurs with broad business vision||Professional service firms||Small business and owned by a single promoter||Family business||Small traders in un-organized sector|
|Venture capital Funding||Very easy||Not Possible||Not Possible||Not Possible||Not Possible|
|Limited Liability Protection||Yes||Yes||Yes||No||No|
|Strategic Alliances and Joint venture||Yes||No||No||No||No|
Requirements for Private Limited Company
Cost of Service
Registration done within 5 to 7 days
Everything below is included:
- Free DSC for 1 Director
- DIN for 2 Directors
- Name Reservation
- MOA, AOA & All Incorporation Documents
- Certificate of Incorporation
- Company PAN & TAN [After Incorporation]