Private Limited Company
A private limited company is a company which is privately held for small businesses. The liability of the members of a private limited company is limited to the amount of shares respectively held by them
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Online Private Limited Company Registration in India, No matter where you are located
Give shape to your business idea. Our professionals can help you in online company registration. Just provide the documents. We will deliver all legal papers including the company's current bank account.
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What is a Private Limited Company?
A private limited company comes under one of the most highly recommended ways to create a business in india since it secures shareholders with limited liability and precise ownership limits.Private limited company registration becomes the first choice for any startup since it gives the easiest way to raise funds from investors.Technically, the private limited company is a company that is privately owned and operated by small and medium enterprises.
Business liability is limited to their shareholdings, the number of shareholders is limited to 200, and directors, and shareholders of the company can be the same person or different from each other.A private limited company comes under one of the most highly recommended ways to create a business in india since it secures shareholders with limited liability and precise ownership limits.Private limited company registration becomes the first choice for any startup since it gives the easiest way to raise funds from investors.Technically, the private limited company is a company that is privately owned and operated by small and medium enterprises. Business liability is limited to their shareholdings, the number of shareholders is limited to 200, and directors, and shareholders of the company can be the same person or different from each other.
It’s a type of company incorporation that give firms a legal personality independent from its owners, directors and shareholders. As a result, crucial services such as the capacity to contract in its name and the protection of the owner’s personal assets from company obligations are provided.
How do I Register an Online Private Limited Company Registration
Registering a company is easy through e-startupindia professionals.
You need to arrange at least two or more people who are eligible to act as directors and shareholders in the company.
Registering a company is agile, easy, and can be done online with 3 simple steps:
Step 1: Consult our advisors who will guide you through document requirements for company incorporation.
Step 2: We assist you to choose the right company name based on availability.
Step 3: We prepare and file the ROC forms (DIR, MOA, AOA, COB, etc) and register your company under the Ministry of Corporate Affairs (MCA).
Why Choose Private Limited Company Registration?
Online company registration allows many benefits. The legitimacy of your business firm is enhanced by having a registered company. It helps your business in the following ways:
- Company listing under MCA records
- Provides protection from personal liability as well as security against other losses & risks
- Low tax rates as compared to sole proprietorship firm
- Directors and Shareholders can be separated
- Attracts more customers
- Easily obtains bank loans and good investments from trustworthy investors
- Provides liability insurance to safeguard your company’s assets.
- Greater capital contribution diversity and stability
- Enhances the ability to become large and expand
Eligibility for Online Company Registration
We must ensure that the qualifying requirements are met, as outlined by the Companies Act of 2013 before proceeding with private limited company registration.
#Minimum Two Director
A private limited company must have at least two directors, with a maximum of fifteen. A minimum of one of the company’s directors must be a resident of India.
If you don’t have 2 directors then no worry, you can apply for one person company registration.
#Unique Company Name
Your company’s name must be distinct and unique. The suggested company name should not be similar to any existing registered Indian companies or trademarks
# Minimum Capital Contribution:
A business does not require any minimum capital. Even you can incorporate a company by Rs.1/- paid up capital. However, a company must be registered with minimum authorized capital of Rs. 1 Lakh.
# Registered Office
The proposed company must have an address at any location within the State where you want to do private limited company registration.
The registered office of a company does not have to be a commercial location. Even a rented house might serve as the registered office if the landlord provides a letter of authorization.
Benefits of Private Limited Company Registration
There are several reasons to register your business as a private limited company:
- Banks, venture capitalists, and investors prefer it.
- Shares are easy to assign and redistribute to other directors/people who have put money into the company.
- Combines the flexibility of a partnership with the benefits of a public limited company.
- The company has the least risk of getting dissolved.
Documents required for Private Limited Company Registration
For company registrations, documents requirements are simple and handy. You must have the following documents under MCA:
# Documents of the Company’s Director
- Photo
- PAN
- Aadhar
- Address Proof*
- Proof of Identity**
# Proof of the Company’s Registered Office Address
- Latest electricity OR any other utility bill in the name of the owner
- Rent agreement b/w owner & company promoter
OR - NOC from owner (if owner is the company’s promoter)
*For Address Proof: Bank Statement, Electricity Bill, Telephone Bill, Mobile Bill. (Anyone, not older than 2 months).
**For Proof of Identity: Driving License, Voter ID card, Passport (Anyone).
Step-by-Step Timeline for Online Company Registration Process
The complete process takes about 7 working days, including the approval of the DIN, company name, and company incorporation. However, creating a company is now a quick process, which allows all paperwork to be loaded into a single online platform. Our experts will help you through every step of the online company registration process.
DAY 1
- Review of the papers and information submitted
- Request for a Digital Signature Certificate
DAY 2 – 3
- Checking availability for company name
- Draft Business Objectives
- Preparing draft for documents like MoA, AoA, DIR & others
- Share with you for approval.
DAY 4 – 5
- File SPICe form for Company Name reservation
- File for Company registration forms
- Apply for Director DIN
- Apply for PAN & TAN of company
DAY 6 – 10
- Wait for application processing at Government [MCA] level
- Deliver you Certificate of Incorporation and other documents
- Help you in opening Current bank account
How can we help in Private Limited Company Registration?
We have a leading team of professionals who are capable of delivering a quick Online Company Registration Service in India without any hassles and error free.
Since 2014, Our professionals are doing frequent online company registration on a daily basis and keep them up to date with MCA’s new changes in registration procedure. Hence, able to provide you with the best of the MCA functionality.
We will provide you all required documents at the end of delivery of the Private Limited Company Registration services which includes:
- Directors DIN and DSC in Pendrive
- Company’s MoA & AoA
- Challan for Registration fees and stamp duty paid at Govt. Office
- Certificate of Incorporation
- Company’s PAN and TAN
It’s not yet over! After this, We will help you to open a current bank account with ICICI Bank and get you free from bank representatives demanding repetitive documents.
And Set you free to launch your dream business.
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Factors To Consider During The Selection Of The Company Name
The name of your company is of the utmost significance. It makes the first impact on the minds of your buyers, suppliers, and stakeholders. So make sure that you adhere to the Private limited company registration name availability criteria.
TIPS for unique Company Name Approval:-
# The name should be Short yet simple.
The name should be short and to the point. Make sure that “people can pronounce it easily” when choosing a name. The first time someone hears the company’s name, it must register in their brains.
Types of Company Registration
COMPARISON
- Regulate by Act
- Equity Funding
- Taxation
- Number of Shareholders
- Separate Legal Entity
- Limited Liability
- Statutory Audit
- Statutory Compliances
- Foreign Participation / Investment
Recommended for
PRIVATE LIMITED COMPANY
- Companies Act 2013
- Easily Possible
- 26%
- Minimum 2 Maximum 200
- Yes
- Yes
- Mandatory
- Moderate
- Allowed
Startups
ONE PERSON COMPANY
- Companies Act 2013
- Not Possible
- 26%
- Only one
- Yes
- Yes
- Mandatory
- Moderate
- Not Allowed
Sole Proprietor
LIMITED LIABILITY PARTNERSHIP
- Limited Liability Act, 2008
- Possible, but unlikely
- 31.2%
- Minimum 2 Maximum - Unlimited
- Yes
- Yes
- If turnover exceed Rs.40 Lakhs
- Less
- Allowed
Professionals [CA, Architect, Agencies, Consultant, etc]
Plans And Pakeges
Basic
Rs.8500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- (2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
Standard
Rs. 10500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- GST Registration
- Documentation Kit
Premium
Rs. 16500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- GST Registration
- Documentation Kit
- Website**
- Online Payment Gateway
- (2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)
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Frequently Asked Questions
Q. How many people are required to form a private ltd company?
Minimum 2 people are required to incorporate a private limited company
Q. How much time it will take to form private ltd company?
From the date of submission of complete required documents, it will take approximately 14 working days to deliver certificate of incorporation in your hand
Q. Who can be a director of a company?
Any person who attends the age of 18 can be director of the company
Q. Is there any address proof required/mandatory for private ltd company?
Yes to incorporate your company latest utility bill along with NOC from property owner in favor of company is required
Q. How many shareholders can be there in a private ltd company?
Minimum 2 and Maximum 200 shareholders can be added in the company
Q. How many directors can be there in private ltd company?
Minimum 2 Maximum 15 directors can manage the show of a company
Q. What is a DSC?
DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected.It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government authorized agencies.
Q. What are MOA and AOA?
MOA and AOA are charter documents of the company. It defines the business objectives and rules & regulations of the company. It is drafted by our professionals and delivers to you along with Certificate of incorporation
Q. Will you provide this service in my town?
Yes Incorpadvisor India is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done.
Q. I am into a job? Can I start my own company?
Yes you can, but do check your employment agreement before starting, it must be having a proper authorization of it
Q. Do I need to physically present for the process?
No, You don’t need to be physically present for the process, Incorpadvisor India is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India
Still have questions?
I you can’t find answers to your questions in our FAQ section, you can always contact us. We will get back to you shortly.
