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Private Limited Company Registration in India

Startup Business Registration with Private Limited Company in India.

Register 100% Owned Private Company with Two Directors within 3 Days.

Tax benefit under Startup India Scheme.

Start Business in 3 Days with Private Limited Company Registration

Private Limited Company Registration in India

Private limited company registration in India required minimum two share holders and two directors. Maximum risk for share holder is up to capital contributed via shares capital. Private companies liability is limited up to the subscribed share capital amount. 

Recent Government budget amendment of The Finance Act and The Companies Act 2013, Popularity of private limited company registration in India increased. Moreover, Foreign nationalist and Indian resident collaboration in partnership business increased in IT Services Sectors, Manufacturing Sectors. Further there is wast growth in formation of fully Foreign owned subsidiary private company in India. Private limited company registration in India is easiest way to start business in India by foreign nationalist, where foreigner holds complete ownership of business.

Government initiative of Start-up India & Make in India scheme are encouraging investor to form Private limited company as it give tax exemption benefits.

Are you looking for registration of company with foreign nationalist company/foreigner, Please click here we have separate page covering foreign subsidiary company in India.

Advantages & Disadvantages of Private Company

  • Easy process of share transfer
  • Government scheme benefit like Startup India & Make in India
  • 100% Online process, No physical docuement required
  • Brand value and credibility high compared to proprietor and firm
  • Maximum 200 share holders allowed
  • Cannot Transfer shares to public
  • Listing of share not possible
  • Cant accept public deposits

Minimum Requirement and Compliance

  • Minimum initial share capital subscription is rupees one lakh
  • Two directors required (at least one Indian director required)
  • Minimum two share holder required
  • Compulsory to appoint auditor & statutory audit is mandatory
  • One AGM and four board meeting must be carried out in year.
  • Compulsory to file income tax return & MCA-ROC returns

Document Required For Private Limited Company Registration

  • PAN Card of Directors
  • Identity Card of Directors (Voter id / Passport / Driving License)
  • Address Proof of Directors/Member (Utility Bill/ Bank Statement)
  • Digital Signature of Directors
  • Proposed Name of Company
  • Object / Activity of the Proposed Company
  • Address Proof for Company Registered Office (Utility Bill & NOC)
  • In case of Foreign Directors : Document Must be Notarised & Apostle

Steps of Incorporation of Private Limited Company in India

  • Decide The Object and Name of Proposed Company

    Firstly, Private Limited Formation starts with decision of name of company. Name must be unique and it must be according to guidelines of company name. further name should match with companies proposed object/activity.

  • Application for Reservation of Name of Proposed Company to ROC

    Secondly, We need to reserve our proposed name, for that we need to file application of name to MCA-ROC. Once we obtain name from ROC we can start incorporation process.

  • Obtaining DIN & Digital Signature of Director(s)

    Thirdly, We need to obtain Digital Signature (DSC) of all directors for the purpose of signing of forms & MOA-AOA. Also Application for DIN must be filed to ROC for unique Directorship Identification Number.

  • Preparation of MOA & AOA

    Preparation of Memorandum of Association & Article of Association for the company. MOA & AOA decides company internal structure and rules within which directors will act.

  • Submission of Company Registration Application with Required Document to ROC

    Once Preparation of MOA & AOA completes we need to submit to ROC with required document for directors. Such application includes application for PAN, TAN, IEC, PF, ESIC, GST and Bank Account. All Document must be signed by directors and one professional CA/CMA/CS.

  • ROC will Approve Company Incorporation

    Within 3 Days of filing of required document ROC will grant Certificate of Incorporation (CIN) with PAN, TAN of Company. Further ROC will forward all other application to respective department for issuance of PF, ESIC, GST, IEC and Bank Account.

Frequently Asked Questions (FAQ's) on Private Limited Company Registration

No, There is No Compulsion that Director must be a Share holder of private limited company in India.

Minimum Two Directors Required in Private Limited Company in India.

Yes, Foreign Nationalist (NRI – Foreigner) Can Hold Directorship in Indian Company. However there should be atleast one Indian Director Required in Comapny.

Easy Process of Signing Document of Share Transfer Form.

25% Corporate Income Tax Applies to Indian Private Limited Company.

While Reserving Company name Rs. 1000 Chalan is Applicable

While New Application of SPICE e+ and AGILE form Grants Registration like CIN, GST, TDS, PAN, PF, ESIC, IEC, Bank Account Number, Professional Tax. etc

After Registration of Private limited Company, you can change following Particulars by filing appropriate form at MCA Portal

  1. Directors Changes
  2. Share Holder Changes
  3. Name Changes
  4. Address Changes
  5. Object of Company etc
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