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Want To Register Private Limited Company?

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Online Private Company Registration Starts at Rs.1000/- (Govt Fees for Name Approval Certificate)Order Now

Pricing

Rs.6999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

Basic

  • Company Name Search Help
  • Name Approval Certificate by MCA
  • Complete Guidance for Registration
  • 2 DSC
  • 2 DIN
  • 0-1 Lakh Authorised Capital
  • Certificate of Incorporation (COI)
  • PAN of Company
  • TAN of Company
  • MOA of Company
  • AOA of Company
  • Company Master Data
  • Bank A/c Opening Support
  • Bank A/c Opening Board Resolution
  • 10+ Document Formats
  • Share Certificate
  • Statutory Register
  • Minutes of First Board Meeting
  • Includes All Govt Fees and Expenses
  • Extra Stamp Duty for Kerala & MP
  • GST Registration
  • Udhyam Registration (MSME)
  • ISO 9001:2015 Certificate
  • Commencement of Business
  • Appointment of First Auditor
  • Professional Website
  • 1 year Domain & Hosting
  • Website Support for 1 year
  • Basic On-Page SEO
  • Google Analytics & Web mails
Rs.10000

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

Standard

  • Company Name Search Help
  • Name Approval Certificate by MCA
  • Complete Guidance for Registration
  • 2 DSC
  • 2 DIN
  • 0-1 Lakh Authorised Capital
  • Certificate of Incorporation (COI)
  • PAN of Company
  • TAN of Company
  • MOA of Company
  • AOA of Company
  • Company Master Data
  • Bank A/c Opening Support
  • Bank A/c Opening Board Resolution
  • 10+ Document Formats
  • Share Certificate
  • Statutory Register
  • Minutes of First Board Meeting
  • Includes All Govt Fees and Expenses
  • Extra Stamp Duty for Kerala & MP
  • GST Registration
  • Udhyam Registration (MSME)
  • ISO 9001:2015 Certificate
  • Commencement of Business
  • Appointment of First Auditor
  • Professional Website
  • 1 year Domain & Hosting
  • Website Support for 1 year
  • Basic On-Page SEO
  • Google Analytics & Web mails
Rs.15000

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

Premium

  • Company Name Search Help
  • Name Approval Certificate by MCA
  • Complete Guidance for Registration
  • 2 DSC
  • 2 DIN
  • 0-1 Lakh Authorised Capital
  • Certificate of Incorporation (COI)
  • PAN of Company
  • TAN of Company
  • MOA of Company
  • AOA of Company
  • Company Master Data
  • Bank A/c Opening Support
  • Bank A/c Opening Board Resolution
  • 10+ Document Formats
  • Share Certificate
  • Statutory Register
  • Minutes of First Board Meeting
  • Includes All Govt Fees and Expenses
  • Extra Stamp Duty for Kerala & MP
  • GST Registration
  • Udhyam Registration (MSME)
  • ISO 9001:2015 Certificate
  • Commencement of Business
  • Appointment of First Auditor
  • Professional Website
  • 1 year Domain & Hosting
  • Website Support for 1 year
  • Basic On-Page SEO
  • Google Analytics & Web mails

ABOUT Private Limited Company

Private limited company governed in India by Companies Act 2013, under section 2(68). A private limited company is an individual legal entity which is separate from that of its officers. A limited company has its own assets and liabilities, profits and losses. The liabilities are limited to the Company. In other words, the officers are protected from financial liability.

The private Limited company is one of the most common types of a company in India, requires a minimum of two directors, two members, and two shareholders to register itself legally. The director of a private limited company plays an important role in the working of the company. A maximum of fifteen directors is allowed in a company as per the Companies Act, 2013 laid out by Ministry Of Corporate Affairs (MCA).

Advantages

Limited Liability

One advantage of owning a private limited company is that the financial liability of shareholders is limited to their shares. Therefore, if a private limited company was in financial trouble and had to close, shareholders would not risk losing their personal assets. Although, perpetrating a fraud related to the private limited company would negate an owner's limited liability protection.

Easy Transferable Ownership

The shares and other interest of any member in the Company shall tend to be a movable property and can be transferable in the manner so provided by the Articles of such company. Therefore, it is easier to subscribe or leave the membership of the Company. Also it is easier to transfer the ownership.

Perpetual Succession

An incorporated company has Continued Existence. Continued Existence means the company shall continue to exist even if the member dies or ceases, etc. Changes within the management does not bring any affect onto the identity of the company, the Company will remain the same with same privileges, immunities, estates and possessions. The Company shall continue to exist till its wound up in accordance with the provisions of the relevant law.

Separate Property

A Company as a legal entity is capable of owning its funds and other properties. The Company is the real person in whose hands all the property is vested and such company has the sole right to control, manage and dispose off the property so vested in the hands of the company. The property of Company is not the property of its shareholders.

Taxation

As everyone wants to minimize his tax burden thus company as per the income tax act 1961 has another main benefit of incorporation towards taxation. Companies are often taxed at a lower rate and are provided with better taxable benefits as compared to other forms of business organization.

Selling The Business

It is easy to sell business for a company than any other business form. As business Corporation value will be based on the business, not the owner, therefore making it easy to sell the Company.

Raising Money

Raising money as a small business and a sole proprietorship or partnership can be difficult. But as per Companies act 2013 a company can sell shares to the public or can accept deposits from public and can therefore raise money easier than other business structure types. The modes of financing business carried on by company are numerous. Moreover, since the companies are governed by particular law and have to comply with stringent disclosure norms, therefore they enjoy good credit worthiness with various financial institutions.

Better Governed

Companies are governed by The Companies Act, 2013 and have to follow various other regulatory procedures during the course of its governance, moreover they have to comply with the stringent disclosure norms so imposed by the authority, which let to better governed organizations and creation of value for owners.

Capacity To Sue

As a juristic legal person, a Company can sue in its name and be sued by others.

CONSIDERATIONS FOR SETTING UP A PRIVATE LIMITED COMPANY

  • Compliance Requirements : Private limited companies are subject to regulatory and compliance obligations. It is essential to stay informed about filing annual returns, conducting regular audits, and adhering to corporate governance norms. Failure to comply with these requirements can lead to legal consequences.
  • Costs and Complexity : Setting up and maintaining a private limited company involves certain costs and administrative complexities. Entrepreneurs should be prepared to allocate resources for initial registration, ongoing compliance, and professional advice to ensure legal and financial adherence.
  • Shareholder Agreement : It is advisable to have a well-drafted shareholder agreement outlining the rights, responsibilities, and obligations of each shareholder. This document helps mitigate potential disputes and ensures a clear understanding of the company's governance structure.

Minimum Requirements

  • Minimum 2 Shareholders.
  • Minimum 2 Directors.
  • One of the Directors must be Indian Resident
  • No Minimum Authorised Share Capital

DOCUMENTS REQUIRED

  • Director Identification Number (DIN) : Each director of the company needs to have a unique Director Identification Number. This is obtained by filing Form DIR-3 with the Ministry of Corporate Affairs (MCA) or the relevant regulatory authority in your jurisdiction.
  • PAN Card (Permanent Account Number): A copy of the PAN card is usually required for each director and shareholder. This is a mandatory identification for taxation purposes.
  • Identity Proof: Valid identity proof, such as a passport, driver's license, or national identity card, is necessary for each director and shareholder.
  • Notarized Affidavit of Non-Acceptance of Deposits : In some jurisdictions, directors may need to submit an affidavit declaring that the company has not accepted any public deposits.
  • Educational Qualification Certificate: Educational qualification certificates of the directors may be required in some cases.
  • Address Proof: A document confirming the residential address of each director and shareholder is required. This could be a recent utility bill, bank statement, or rental agreement.
  • Passport-sized Photographs: Recent passport-sized photographs of each director and shareholder are often needed for official documentation.
  • Consent to Act as Director: A document in which each director consents to act as a director of the company. This is a formal acknowledgment of their responsibilities and obligations.
  • Address Proof for Registered Office: Documents proving the registered office address, such as a utility bill, property tax receipt, or lease agreement, are necessary.
  • Specimen Signature: Specimen signatures of each director and shareholder may be required for various legal and banking purposes.

Registered Office Proof

  • Register office of all companies must be in India .If it is a Rented Property, Rent agreement and NOC from a landlord. If it is a Self-owned Property, Electricity bill or any other address proof.
  • Documents submitted must be valid and not more than 2 month old.

Process

FORM SPICE (INC-32) MOA (INC-33), AOA (INC-34), AGILE

Form INC-32 must be accompanied by supporting documents including details of Directors & subscribers, affidavits, declarations, identity proof, address proof, MoA and AoA etc. Once the eForm is filed, its processed by the MCA’s Central Processing Centre.
If found complete company would be registered and CIN would be allocated. Also DINs gets issued to the proposed Directors who do not have a valid DIN. Maximum three Directors are allowed for using this integrated form for filing application of allotment of DIN while incorporating a company. Once all the 4 forms ready with the applicant, upload all three documents as Linked form on MCA website and make the payment of the same.

  • In respect of non-individual first subscribers who are based outside India, pdf attachments of apostilled MOA and AOA shall be attached with SPICe (INC-32).
  • SPICe AoA (INC-34) has facility for adding, modifying, and deleting Articles. Thus if additional article is required, we may add the same
  • DSC is mandatory for all subscribers and witnesses in eMoA (INC-33) and eAoA (INC-34). eMoA and eAoA shall be used only where the maximum number of subscribers do not exceed 7. In case the numbers of subscribers are more than 7, MoA and AoA shall be attached manually to SPICe and DSC is not mandatory in such cases.
  • Two resubmissions are only permitted in the e-form
  • SPICe eMoA and eAoA have to be uploaded as ‘Linked Forms’ to SPICe (INC-32).
  • The Ministry of Corporate Affairs (MCA) has notified an E-form known as AGILE – Application for Registration of the Goods and Services Tax Identification Number (GSTIN), Employees’ State Insurance Corporation (ESIC) registration and Employees Provident Fund Organization (EPFO) registration.
  • GSTIN Application via E-form AGILE and Mandatory to file INC-35 while submitting SPICe form.
  • It is mandatory to apply for PAN and TAN for the proposed company along with SPICe form.

Frequently Asked Questions

It provides creditability to business in the eyes of financial institutions, suppliers and potential clients. As it makes easier for companies to get loans at favorable terms from banks or convincing potential clients while entering into deals .

Any individual can become a shareholder in a private limited company. For becoming a director in a company, no professional or educational qualification is required.

The director has been entrusted with the responsibility of managing the company in the best efficient manner. The responsibility of a director depends upon the kind of directorship he holds in the company. For instance, an executive director or a managing director has greater responsibility than a non-executive director who might hold the directorship as an expert or consultant. A director is liable for misconduct or fraud or if found guilty of default.

Yes, A company can change its registered office any time after following specified procedure. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.

Any person intending to become director in a company must apply for director identification number, issued by the Ministry of Corporate Affairs. Proof of identity and address is required to be submitted along with requisite fee while submitting the application for DIN. If the documents are in order, the DIN is approved within 3-4 days. The approved DIN is valid for life and the same DIN can be used by the director, even if he/she has directorship in more than one company.

No, it must be situated in India Only.

Any individual of any nationality may register a limited company subject to a few conditions:

  • They are not an undischarged bankrupt
  • They have not been restrained by court order
  • They are not subject to UK government restrictions

No. Company law is different from trademark law. You cannot stop someone using a trademark which is the same or similar to yours merely by registering your name with Companies House.

The directors are responsible for the day to day running of the company and ensuring it meets its responsibilities and deadlines. The shareholders own the company and have the right to vote on many issues. The extent of ownership and level of voting rights are based on the percentage of issued shares they own. An individual can be both a director and shareholder of a company.

Yes, you must provide a number of documents following your 'Accounting Reference Date' (ARD). This date is usually the last day of the month your company was incorporated and occurs each year; it is the date that your financial year ends where the accounts are to be made up to. You have 10 months from your ARD to return the following documentation to Companies House:

  • A profit and loss account (or income and expenditure account if the company is not trading for profit)
  • A balance sheet signed by a director
  • An auditors report signed by the auditor (if appropriate)
  • A directors report signed by a director or the secretary of the company
  • Notes to the accounts
  • Group accounts (When necessary)

Yes, a Foreign National or an NRI can be a Director of a Private Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident Indian.

Yes, a Foreign National or an NRI Foreign Companies can hold shares of a Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

GST Registration is optional till the 20 lakh rupees turnover and for north east state 10 lakh rupees turnover. it's a completely separate registration apart from private limited company registration.

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