Company Registration
Private Limited Company Registration
₹10500.00₹9499.00
Private Limited Company Registration
A company is a form of business organization that is set up under the law. In India, the companies come under the Companies Act 2013. The act identifies two main categories of the companies "Public and private companies".
A Private company is a company that is owned and managed by a small group of persons and mostly by their private funds. Section 2(68) of the act defines a private company, " private company" means a company having a minimum paid-up share capital as may be prescribed, and which by its articles
Restricts the right to transfer its shares;
Except in the case of One Person Company, The Private Limited Company limits the number of its members to two hundred
The act states that a Private company has to mention the word Private limited or in short PVT LTD in their name for their identification as a Private company. And differentiate it from other types of companies.
Advantages of a Private Limited Company
A company form of organization enjoys a better image than a sole proprietor type of business organization for the reason it is registered under the law.
The main benefits of a company are:
Limited Liability
Tax Efficient
Separate Legal Entity
Easier to Raise Capital
Easier to Maintain
Flexible Management Structure
Professional Image
Protection from Creditors
Investors and banks are more likely to provide funds as compared to the sole proprietor business. The company form of business enhances the level of business operations.
The law grants certain relaxations to the private company to encourage investment and business in the economy. These relaxations provide freedom of operations to the company. Some examples of these relaxations are:
A Private Limited Company can be formed by a minimum of 2 Directors.
There can be a minimum of 2 members up to 200 members in the Private company.
The Private company does not have to appoint independent directors on its board.
The company has the freedom to give greater remuneration to its directors as compared to a public company.
Pvt Ltd Company Registration Process in India
The process of registration of a private company is very simple and completely online. The person desiring to register his company can get his company registered through the Ministry of Corporate Affairs portal. That is www.mca.gov.in. A company is needed to be registered with the Registrar of Companies (ROC). ROC keeps all the records regarding all the companies in India.
Details and documents required for Private Limited Company Registration
For Proposed company
Four proposed names
The objective of the proposed company
Authorised and paid-up share capital
Equity shareholding percentage of subscribers
For Subscribers & director’s
PAN Card of all the Subscribers/Directors
Photograph of all the Subscribers/Directors
Aadhar Card/ DL/Voter ID/ passport, anyone documents of all the Subscribers/Directors
Mobile and Email of all the Subscribers/Directors
Bank statement/ Electricity Bill in the name of the Subscribers/Directors, anyone documents of all the subscribers/directors
For Proof of Proposed Registered Office
Latest utility bill i.e. electricity, landline, water bill, etc.
For a rented place, a rent agreement is required in the name of the proposed company
Terms and conditions:
Please read and confirm the following terms and conditions before booking your order:
Subscribers must have a hard copy of PAN and Address proof for video verification to obtain a digital signature (DSC).
If there are more than 2 directors in the registration process, an additional charge of INR 1500 will be applied for DIN & DSC per extra Director.
Up to 4 name options can be provided in 1 RUN name approval request, and 2 resubmissions are allowed. If rejected, extra government fees will be charged.
The digital signatures from CA will have a validity of 2 years and will be accompanied by a token.
If any additional fees arise due to authorized capital, they shall be paid additionally
The Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. Companify will be responsible only for accounting, preparation of financial statements, and filing of returns on behalf of the Company.
The MCA portal must be functional; otherwise, the work will be delayed, and the communication will be made on time
Deliverable under Private Limited Company Registration
Certificate of incorporation
Company name approval
Director identification numbers (DIN)
Digital signature token for directors
Memorandum of association
Articles of association
ESI/PF registration
Company PAN card
Company TAN number
Process of Private Limited Company Registration
Step-1 Choose a unique name for your company using Spice+ Part-A.
Step-2 Apply for DSC for subscribers.
Step-3 Drafting of DIR-2 & other documents.
Step-4 Online preparation of Spice+ PartB , eMOA, eAOA & AGILEPRO.
Step-5 Online filing of Spice+ Part B, eMOA, eAOA & AGILEPRO.
Step-6 Get a certificate of incorporation, PAN & TAN of your company.
Step-7 Online filing of form INC-22 for Address proof with rent agreement within 300 days from the date of registration.
Time taken to Register Private Limited Company
We need normally 15 days to register a Private Limited Company from the date of receipt of all documents.
3-4 days taken for Name Approval.
2 Days for Preparing DSC.
2 Days for Drafting of DIR-2 & other documents.
2 Days for Online preparation & Filling of Spice+ PartB , eMOA, eAOA & AGILEPRO.
2-3 days to Get a certificate of incorporation, PAN & TAN of your company.