A private limited company Registration is a highly popular corporate body in India. The private limited company registration in India is governed by the Ministry of Corporate Affairs (MCA). A private limited company is a form of privately owned small business entity that requires a minimum of two shareholders and directors.
To set up a company in India, make sure to register your company under the Company Act, 2013. A registered company can avail various benefits right from an effortless registration to hassle-free dissolving of the company whenever required.
Further, a private limited company offers limited liabilities for its shareholders, restricts its shareholders from openly trading shares, and allows easy fundraising from outside, making it a preferred option for startups and growing companies. Shareholders have the power to provide stock options to their employees thereby attracting top talent into their company.
1. Self-attested Copy of ID proof : (Passport/driving license/election card)
2. Self-attested Copy of Pan Card & Aadhaar Card
3. Self-attested Copy of Address Proof: (Bank statement/latest electricity bill/latest mobile bill/latest telephone bill)
4. Rent Agreement / Agreement between Owner & The Company
5. Utility Bill (Electricity bill/Mobile bill/telephone bill)
6. NOC sign by owner
7. DSC Form signed by both the directors
8. DIR 2 signed by both the directors
9. Declaration signed by directors and subscribers
As an entrepreneur interested in raising money from a venture capitalist, angel investors, hedge funds, or private equity funds you should opt for a private limited company.
Such a company has the option of raising equity capital from anybody or any entity willing to become a shareholder.
When a private limited company is incorporated it is seen as an artificial judicial person.
It is a separate judicial body.
As a separate judicial body, a company has the power to buy its assets and even borrow its own funds.
On the other hand, the shareholders of the company are liable for its debts only to the extent of shares they own.
In a private limited company, your liability as a shareholder is limited to the extent to the amount unpaid, if any, on the shares held.
If the company commits a default, your personal assets cannot be liquidated.
You can choose any of our packages based on your requirements
To register a private limited company, you must propose two different names related to your business to the (MCA) They will choose and approve one of the names for your company
All the promoters should acquire DSC (Digital Signature Certificate) for a Pvt Ltd Company Registration You can get a DSC approval in two days
It is used to digitally sign the e-forms
The form for the incorporation of a company is filed online It will take you only 10-15 days to get a private limited company incorporated
Congratulations!!! As a private limited company, you are ready to work and take your business to great heights of excellence!
In a private limited company, any person who is 18 years old or above belonging to any nationality can become a director. However, there must be at least one director in the private limited company who is an Indian resident.
Any amount of capital can be used to start a private limited company.
Yes, in a private limited company even NRIs and Foreign Nationals can become directors if they obtain a DIN from the Indian ROC. At least one of the directors on the Board of Directors is an Indian resident. The company can have NRIs and Foreign Nationals as shareholders in the company.
Private limited company incorporation can apply for only two names through MCA.
At the time of incorporation of a private limited company, only three DINs can be applied. Other directors can be appointed only once the company incorporation is successfully done.
