Private Limited Company Registrations
The default choice for new businesses and developing organizations as only private limited companies can raise funding.
Price starts from ₹ 13999/-
Timeline – 25 Working days
What is a private limited company?
Private limited company is a perfect start for anyone who wants to start their business to give it a separate legal identity. Private limited company can be formed with ease and its procedural compliance are also easy when compared to that of a public company.
A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.
What are the Features of Private Limited Company ?
Advantages of Private Limited Company
Min 2 Shareholders
A private limited company can be started off with just two members who will be the shareholders and directors.
Minimum Capital required
Minimum capital required to incorporate a private limited company is one lakh.
Companies enjoy better avenues for borrowing of funds when compared to other forms of business such as sole proprietorship and partnership.
Separate Legal entity
A company enjoys separate legal identity unlike partnership firms.
A company enjoys perpetual existence unlike other forms of business i.e.,the company continues to exist irrespective of the status of the owner.
What are the Documents required for Formation of Pvt. Ltd. Company?
PAN card and Residence Proof of directors of the company
Copy of Rental Agreement / EB Card Copy of Registered Office
Copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
Specimen signature (blank document with signature [directors only])
Copy of Passport (In case of Foreign Director)
What Includes in this package?
Certificate of incorporation
Drafting MOA & AOA
DSC and DIN for 2 Directors
Following until Certificate is allotted
Name approval and ROC fees
PAN & TAN
What is the process for Private Limited Company Registration?
MOA, AOA & AFFIDAVIT
Memorandum and Articles of Association should be drafted. Affidavit and declaration by first subscribers and Directors should be prepared
Once the application is duly filed and accepted by ROC, certificate of incorporation is issued and the company is all set to start it’s operations.
4-6 proposed names should be provided that should be unique and suggestive of company business.
Apply for PAN, TAN and Bank accounts
Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with a bank to open your bank account.
Applying DIN & DSC
DSC and DIN for all directors are required.