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Private Limited Company Registration Online In India

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Private Limited Company Registration process

It is very easy and simple to register a Private Limited Company with the below mentioned steps.

Our experts will help you in understanding your business structure.

Step 1

Our experts will help you in picking up the right company name.

Step 2

Our experts will draft the company MOA and AOA according to the requirements.

Step 3

Private Limited Company Registration - A Complete Guidance:

A Private Limited Company is a very famous and the easiest form of Business Registration in India. Simply, it can be registered with a minimum number of two people. It is formed lawfully with legal protection and having Limited Liability for its shareholders. It is a company that is capable of holding privately for small businesses. All business assets, liabilities, and profit associated with the company itself and the shareholders are not fully responsible for debts brought on by the company. Incorporation of a Private Limited Company becomes very easy for small businesses. It has a preferred structure for the startup India registration online. As it has growth opportunities and stability offered by its structure. Nevertheless, it assures separate legal existence from its members. So, it can be fully involved in legal proceedings and contracts in its own name. Incorporation of Private Limited Company is an ideal form of business for service or product-based industries for the stability of growth. Because of its credibility as a corporate structure, private equity of a private limited company is preferred by banks and leading agencies.

Benefits :

Startup India registration offers several benefits to startups, encouraging entrepreneurship and fostering innovation.

Here are some of the key advantages:

Tax Exemptions:  Startups registered under Startup India can apply for various tax
exemptions and claim income tax exemption for the first three
consecutive years of operation. This helps reduce the financial
burden on startups during their initial years. 

Documents required to register a Private Limited Company :

Requirements for
Private Limited Company
Indian Directors Foreign Directors
Identity Proof
Aadhar card/Passport / Voter Identity Card / Driving license.
Passport and National Id issued by the Government.
Residential Proof
Bank Statement/Mobile Bill/Telephone Bill/ Electricity Bill
Bank Statement/Mobile Bill/Telephone Bill/ Electricity Bill
Passport
Not Mandatory
Passport is mandatory.
PAN Card
Mandatory
Not Required
Registered Office Proof
Electricity bill/ Gas bill
Electricity bill/ Gas bill

Company Registration Process :

There are five steps are discussed here for a New Company Registration procedure:-

Step 1:- Application of DIN & DSC

First and foremost, the partners have to apply for Digital Signature and DIN, DIN refers to the Directors PIN number issued by MCA and a digital signature is an online signature used for signing up. If the directors have all these documents, then move forward by skipping this step.

Step 2:- Approval of the name

There should be three different names for your company that are provided to MCA for selection. The names should be ideally unique and describe the business.

Step 3:- MOA & AOA Submission

After the approval of the name, we need to draft Memorandum of association and Articles of Associate. Both are filled up with MCA with the subscription statement.

Step 4:- Apply for Incorporation Certificate

To apply for Company Incorporation, Spice+ Form has to be filed and submitted on the MCA portal. It generally takes 3-4 days to form a Private limited company and get an incorporation certificate. This certificate includes a CIN number and it is proof that the company has been incorporated.

Step 5:- Need to apply for TAN, PAN, and Bank Account

Now it’s time to apply for TAN and PAN which are received within 7 working days.

Step 6:- For Current Account Opening

You have to submit Company’s MOA, AOA, Incorporation Certificate, and PAN with a bank to open your company’s current account.

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Frequently Asked Questions

A. Yes, we can add directors post incorporation of company after taking approval from ROC.

A. Yes, a foreign individual can become director of the company by submitting his apostille and notarised documents to ROC.

A. After the registration of the company, the below requirements need to be fulfilled:-

  • The current account needs to be opened within 30 days of PAN Registration.
  • The paid-up capital amount should be deposited which was mentioned at the time of registration
  • Allot and issue shares

A. If it is mentioned in the MoA and approved by the registrar of the company, then yes it is possible to carry out multiple businesses.

A. You can check the company registration process in India by visiting the official website of the Ministry of Corporate Affairs (MCA) .There, you can search for the company's name or Corporate Identity Number (CIN) to verify its registration details.

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