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Private Limited Company Registration

Offer #1 Best Private Limited Company Registration Service in India. Provides An Exclusive Package Like DIN, DSC, Name Approval, MOA, AOA, Company Certificate With PAN & Tan Numbers. Start Your Company Today with Us!

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Procedure For Company Registration

Registering a Company is quick, easy, and can be done online with Legalraahi in 5 simple steps:

Complete our Simple Form

You need to fill our simple company registration form and submit documents for the formation of a company.

 

Obtain DSC and DPIN

After submitting your documents we will provide you with DSC and DPIN

 

Verification and Name Approval

Details provided by you will be verified and then we shall apply for name approval.

Document Submission

We will create all the required documents and file them with ROC on your behalf.

Your work is completed

Once your company is incorporated, we shall send you all the documents and DSCs.

What is Private limited company?

Private Limited Company registration is one of the most popular forms of a “legal structure” for all organizations in India. A private limited company can have at least two members with a maximum limit of fifty members. The directors of a private limited company have limited liability to their creditors. In case of a default, banks/creditors can just sell the company’s assets but they do not have any right to sell the personal assets of the company’s directors. If you are planning to start an organization in India, do ensure that your organization/company is registered under “Company Registration” as this is the first and foremost step. It is very essential to enroll your company as a registered company, as it includes many advantages such as “it is easy to register and also easy to dissolve”.

Start-ups and developing organizations are inclined towards the structure of a “Private limited company” because it allows to easily raise money, through outside funding and it also limits the liabilities of its investors.

Private Limited Company Registration is now easily possible through “LegalRaasta (A company registration specialist)”, which is located in “Delhi NCR, Bengaluru, Mumbai, Chennai, and other Indian cities.” If you are planning to register your own company then you can totally depend on “LegalRaasta (A company registration specialist)”. We will assist you with the company formation procedure at each and every step and all your queries will be resolved by our experts.

Private Limited Company Benefits

  • It is adaptable and has limited liability
  • Better capital contribution along with better strength.
  • Possibility to grow big and expand

Documents Required For Company Registration

  • Copy of PAN Card of partners
  • Passport size photograph of partners
  • Copy of Aadhaar Card/ Voter identity card/ Driver’s license as address proof
  • Electricity/ Water bill/ Telphone bill/ Latest bank statement as proof of Registered Office (Business Place)
  • Copy of Rent agreement (If rented property)
  • Landlord NOC (Format will be provided)
  • Copy of Property papers(If owned property)

Advantages Of Private Limited Company

There are different reasons to settle a private limited company:

  • Favored by banks, VCs, and investors.
  • Shares can be easily distributed/redistributed among investors or the directors.
  • It acts as a separate legal entity which restrains your liability.
  • It offers you the adaptability of a partnership firm and the benefits of a Public Ltd. Company.
  • Simple to enlist, manage, and run.
  • Simple to dissolve or wind-up.

5 Steps For Company Registration

1. Application of DSC & DPIN :

Partners are required to apply for a Digital mark and a DPIN. The digital signature is an online signature utilized for filing and DPIN is the Director’s PIN which is given to all the directors by the “MCA”. If the directors already have both DSC and DPIN, then this step can be skipped.

2. Name approval :

You have to give 3 distinct choices for your organization’s name to the “MCA”, out of which one will be chosen. Names given should be unique and suggestive of the company’s business.

3. MOA & AOA submission :

Once the “name” is approved, one needs to draft a “Memorandum of association (MoA)” and “Articles of Association (AoA)”. Both MOA and AOA are to be filed with the “MCA” and it is mandatory to attach “Digital Signature Certificates (DSC)”, with both of them.

4. Get incorporation certificate :

It commonly takes 15- 25 days to form a “Private limited company” and to get the joining certificate. Joining certification acts as proof that the company has been created. It additionally includes your CIN number.

5. Apply for PAN, TAN and Bank account :

After the completion of the above points, you have to apply for both PAN and TAN. Both are issued within 7 working days. Later you can submit the Incorporation certificate, MoA, AoA, and PAN with a bank, to open your bank account.

Eligibility For Private Limited Company Registration

Minimum 2 Shareholders

Minimum 2 Directors are required

Minimum 1 Lac Share Capital

DPIN for all the Directors

At least one Designated partner should be an Indian Resident

Concerns Related To Private Limited Company

  • A “Pvt. Ltd company” requires a few more ROC compliances, which translates into an additional cost of Rs.5,000 to Rs.10,000 per annum.
  • The minimum capital required is Rs.100,000.
  • A private limited company can have a maximum of 200 members.

Still, entrepreneurs prefer private limited company for the easy transfer of shares and for potential future growth.

Factors To Consider In Company Name Selection

The name of your company is significant. It is the primary impression of your company to the “Purchasers, providers, and partners”. Hence, it is important that it should be unique, suggestive, and attractive. There are different factors, which you should remember while selecting a name for the company.

Short & Simple

The name should be concise and not too long. People should be able to pronounce it easily and they should be able to remember your company’s name, from the first time they either hear it or read about it.

Meaningful

The name of your company should be associated with your business. It should fit the company’s branding. For instance, Infosys alludes to data framework or IT advancements.

Unique

The name of your company should not be the same or similar, to any existing company or trademark. You can go to search.legalraasta.com to check if your company’s name is indistinguishable from others. You ought to ideally avoid using the “plural version factor” e.g., “Flipkart’s” or simply by changing the letter Case or adding punctuation marks with respect to any existing company’s name.

Suffix

The name of your organization should end with the suffix “Private Ltd” in case of a “Private limited company” and “LLP” in case of a “limited liability partnership.”

Should not be illegal / offensive

The name of your company should not be against the law. It should not be damaging or against the traditions and convictions of any religion.

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Frequently Asked Questions

What do you mean by “Private Company Registration”?
How can someone get their “Private Company Registered”?
What is the cost incurred to get a “Private Company Registered”?
What is the process of getting a Private Company Registered?
Which documents are required to get a Private Company Registered?
What are the primary requirements for the incorporation of a “Private Limited Company”?
What is a “Company Registration Certificate”?
After the company is registered, what are the “statutory requirements” which need to be fulfilled?
Do I need to have a proper office address for the registration of a “Private limited company”?
What are the different types of Private Limited Companies?
What is the minimum capital required to form a Private Limited Company?
Can a Private Limited Company own and carry out multiple businesses?
Can anyone be a director?
How many directors are necessary for a Private Limited Company Registration?
Can a Salaried person become the director of a company?
What is meant by “Limited Liability protection”?
Is Pvt. Ltd. Company eligible to make FDI (Foreign Direct Investment) in India?
What is a “Digital Signature”?
Is it possible to register the company at the residential place?
What is Memorandum of Association and Articles of Association?
Are there any annual compliances which must be fulfilled by a Private Limited Company?
What are the base tax rates for a domestic company?
What are the advantages of a Private Limited Company?
Are there any hidden costs involved in the process of registration?
Is physical presence required of the person/ owner for the incorporation of the company?
How much time does “LegalRaasta.com” take to get a Private Limited Company registered?