Step 01
Fill Enquiry form to Get Free Consultation. Our Expert Advice will help you choosing Right Business Setup.
Step 02
Customise Your Companies Capital, Directors, Various Kind of Other Registrations etc. and PAY as per Your Customisation. We are known for Transparancy and Honesty.
Step 03
Upload all Necessory Documents just after Payment screen. It will give a speed boost in Registration Process. For Further Clarificaiton / Documents - We will get in touch with you.
Step 04
Company Registration Process will start immidiately after receiving documents. In Just Around 20 working Days, You will get Certificate of Incorporation.
Private Limited Company are most popular business setup in India. All the Private Limited Companies are to be registered by ROC (Registrar of Companies) as per Cmpanies Act 2013.
It provides a platform for entrepreneurs to start their ventures with 2 shareholdres and 2 Directors. In most of the case Shareholders and Directors are same person. Overall, Private Limited Company registration provides a suitable option for individual entrepreneurs to establish a corporate entity with limited liability while maintaining full control over the business operations.
LetsMakeCompany.com offers a cost-effective service to Private Limited Company Registration in India.
Note: Address proof for the promoter and registered
Choose a unique and valid name for the Private Limited Company Registration. Ensure it is not identical or similar to the name of any existing company in India. The name of the company must reflect the nature of the business. Submit an application to the Registrar of Companies (ROC) for reserving a name for the private limited company. Once the name is approved, it is valid for 20 days from the date of approval.
Gather all essential documents like identity proof, address proof, and photographs of the proposed directors and promoters of the company. Additionally, for the company's registered office address, documents such as Rent Agreement, Utility bills, and No Objection Certificate from the owner of the premises are also required.
After collecting the documents, prepare various other things to proceed with Private Limited Company Registration in India. This includes preparation of Digital Signature Certificates (DSC), drafting of MOA and AOA, consents of directors in DIR -2, preparation of necessary SPICE+ forms, and other mandatory documents.
Once all the documents and drafts are ready, proceed to upload the SPICe+ application form along with all the desired attachments of various other documents prepared for Company Registration Online. Private Limited Company Registration forms must be digitally signed by the director with his class 3 Digital Signature Certificate. The form is further certified by a practicing professional such as a CA, CS, CMA, or Advocate of the High Court.
Once all necessary documents are verified and compliance requirements are met, the Certificate of Incorporation for a Private Limited Company Registration is issued by the Registrar of Companies (ROC). It signifies that the Company Registration Process is complete. The Certificate of Incorporation is a conclusive document regarding Company set up.
By following these steps diligently, entrepreneurs can smoothly incorporate a One Person Company and begin their business operations with legal compliance and protection.
Private limited companies offer a blend of advantages and disadvantages in the realm of business. Understanding these facets is crucial for entrepreneurs seeking to establish such entities. Private limited companies offer a unique structure that combines benefits of limited liability with operational flexibility. These entities are favored for their ability to safeguard personal assets while providing a separate legal identity, which instills confidence in business dealings.
| Particulars | Private Limited | One Person Company (OPC) | Partnership Firm | Limited Liability Partnership (LLP) | Proprietorship Firm |
|---|---|---|---|---|---|
| Registration | Mandatory | Mandatory | Optional | Mandatory | Optional |
| Applicable Law | Companies Act, 2013 | Companies Act, 2013 | Indian Partnership Act, 1932 | LLP Act, 2008 | No specified Act |
| Ownership Transfer | Yes | Yes | Yes | Yes | No |
| Liability Protection | Limited | Limited | Unlimited | Limited | Unlimited |
| Separate Legal Entity | Yes | Yes | No | Yes | No |
| Compliance Requirement | High | High | Low | Moderate | Low |
| Perpetual Existence | Yes | Yes | No | Yes | No |
After Registration of Private Limited Company, Following Post
incorporation compliances are mandatory. Non-Compliances leads
to financial losses through heavy penalties and sometimes it
leads to closure of company.
Post Incorporation Compliances Includes Following:
Yes, All Annual Compliances are mandatory every year even one has
not sale purchase, no bank transaction.
It’s the Requirement of Company Law 2013.
Yes, All Private Limited Company require a Address to receive corrospondance of Company. It also require to communicate with various Government Authorities and vice versa.
Yes, Foreign Nations or NRIs can become Directors of a Private Limited Company in India, but at least one Director should be an Indian Resident. Such type of companies call Indian Subsidiary Company.
A Directors and Shareholders in a company are different from each other. Shareholders are acutally owner of company but Directors are for managing day to day operation of company. However, in most of the cases Director and Shareholders are same person.
Requirements for Registration Pvt Ltd Company in India:
Yes, With the Spice + Incorporation forms, The Indian company formation process has become 100% digital and online. The Ministry of Corporate Affairs (MCA) in India has introduced an online portal for company registration and various legal compliances.
This includes filing all the necessary documents and enhances efficiency, reduces paperwork, and streamlines India’s overall company formation process.
SPICe+ or Simplified Proforma for Incorporating Company Electronically Plus is an integrated for Company Incorporation in India which simplifies the registration process.
GST Registration is compulsory if an annual turnover of a Company exceeds Rs. 40 lakhs (for goods) & Rs. 20 lakhs (for services).
Yes, a salaried person can become the Company’s Director, but you need to go through the employment rules & ensure they allow you to do so.
Non-compliance with annual requirements can lead to penalties comprising fines & potential disqualification of Directors.
At least 2 Directors are required for a Private Limited Company Registration.