Pvt Ltd Company Registration

  • Register your private limited company in 7 business days with our expert assistance.
  • Our online company registration service includes the following features
  • Obtain 2 Digital Signature Certificates (DSC) with 2 years validity
  • Secure 2 Director Identification Numbers (DIN)
  • Get unique name approval for your private company
  • Acquire PAN and TAN for the company
  • Open a current account with ICICI Bank
  • Drafting the Memorandum of Association and Articles of Association
  • Receive the official Company Incorporation Certificate
PVT. LTD.

Private Limited Company Registration

Private Limited Company concept is one of the most renowned business concepts in India.  This type of business offers limited liability, employee attraction, director dual role, and many other great advantages.

The “Private limited company” structure is preferred by startups and growing businesses because it makes it simple to raise capital &  due to its flexibility in ownership and efficient management.

What Will You Get?

  • Certificate of Incorporation
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Digital Signature Certificate (DSC)
  • Director Identification Number (DIN)
  • Permanent Account Number (PAN)
  • Tax Deduction and Collection Account Number (TAN)
  • Provident Fund (PF) Registration
  • Employees’ State Insurance Corporation (ESIC) Registration
  • Professional Tax Registration
PVT. LTD.

Private Limited Company Registration

Private Limited Company Registration in India has many advantages over other business registration such as proprietorship, Partnership, so it is better to register the Business as “Company”

A Private Limited Company is the most common type of Company Registration in India, which is governed by the Companies Act 2013 under the Ministry of Corporate Affairs (MCA).

Private Limited Company is a preferred choice for startups and businesses eyeing growth & expansion due to its flexibility in ownership and efficient management.

Eligibility Criteria

  • Minimum 2 Directors (At least 1 Director shall be an Indian Resident)
  • Minimum 2 Shareholders

These directors and shareholders can either be the same or different individuals, with at least one director being an Indian Resident.

DOCUMENTS REQUIRED

ALL DIRECTORS / SHAREHOLDER                        

  • COLOR PHOTO
  • PAN Card
  • IDENTITY PROOF (ANY 1)

  Driving License / Voter ID / Aadhaar Card / Passport

  • ADDRESS PROOF (ANY 1)

 Bank Statement / Mobile Bill / Telephone Bill / Electricity Bill

Note:

  • Address proof should be in the name of “ Applicant only”
  • Address proof should not be older than 1 Month

FOR REGISTERED OFFICE

  • ANY 1 (TELEPHONE BILL / ELECTRICITY BILL MOBILE BILL
  • NOC (No Objection Certificate from Owner)

LIMITED LIABILITY

The liability is limited of company’s directors and shareholders. As a sole trader or partnership business, personal assets of the proprietor or partners can be at risk in the event of a failure of the business, but this is not the case for a Company.

If Company becomes insolvent and is wound up, only the assets of the company are used to clear its debts. The Directors or Shareholders of the company have no personal liabilities and are not made bankrupt and are free to carry on business.

LEGAL ENTITY

A private limited company is a legal entity. It has its existence separate from its directors and members.

Operating as a private limited company often gives suppliers and customers a sense of confidence in a business. Larger organizations in particular will prefer in dealing with private limited companies than proprietorship/partnership organizations.

EASY TRANSFERABILITY

where it is proposed to sell the business as a going concern, all that is required is to transfer the entire shareholding to the purchaser and thus facilitate easy change in management and ownership. This will save time and money of the Promoters. Huge amount of stamp duty is saved. 

ADVANTAGE OF COMPANY REGISTRATION

RAISING MONEY FROM PUBLIC

Public Limited Companies can raise large amount of capital from the general public by issue of shares and public deposits. Private Limited Companies can raise capital only by private placement of shares and deposits.

TAXATION

Sole Traders and partnerships pay Income Tax. 

Companies pay Corporation tax on their taxable profits. There is a wider range of allowances and tax deductible costs that can be offset against a company’s profits.

 BORROWING CAPACITY

A company enjoys better avenues for borrowing of funds. It can issue Shares / debentures.

 Even banking and financial institutions prefer to render large financial assistance to the company rather than partnership firms or proprietary concerns. 

DUAL RELATIONSHIP

In the company form of organization it is possible for a company to make a valid effective contract with any of its shareholders/directors. Thus, a person can at the same time be a shareholder, director, creditor and employee of the company.

For Example:

  • As a director he can receive remuneration.
  • As a shareholder he can receive dividend.
  • As a lessor he can receive lease rent.
  • As a creditor he can lend money and earn interest.