Private Limited Company Registration in India

Private Limited Company Registration in India: Documents Required & Online Procedure

Private limited (PVT.LTD) company registration in India is the most successful business type in India. The business owners hold all shares of the company privately. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. Forming a (PVT.LTD) private limited company registration in India results in protection of personal assets, access to more resources, financial assistance and greater tax cuts.

Private limited company registration in India usually takes 10-15 days.

A (PVT.LTD) private limited company registration in India is a blend of corporate form of business structure and partnership. The most attractive feature of a private limited company registration in India is the Limited Liability of its members. It has the flexibility of a partnership firm and the advantages of a Company such as greater stability, better creditworthiness and separate legal entity. private limited company registration in India are an ideal way of starting and structuring startups with a higher scope of expansion as compared to partnerships as it is easy to raise capital from financial institutions due to its higher stability and reliability. More Details

Private Limited Company Registration in India: Documents Required & Online Procedure

In India, private limited companies have gained a lot of popularity since they have a simplified procedure of incorporation and low capital requirements. Other features that make private limited companies popular are - Limited liability of shareholders, ease in raising funds through issue of equity shares, separate legal entity, and perpetual existence. The average time to register the Private Company in India takes 10-15 days to vary depending upon the government processing time

Private Limited Companies and their registration are governed under the provisions of the Companies Act, 2013, Companies (Incorporation) Rules, 2014 and Ministry of Corporate Affairs (MCA).

● Scanned and self-attested copy of PAN and Aadhar Card of subscribers and directors.

●       Scanned copy of any one of the three Identity proofs of subscribers:

✔      Voter Id; or

✔      Passport; or

✔      Driving License

●       Scanned copy of any one of the three Address proof of subscribers:

✔      Electricity or Gas Bill (Not older than two months)

✔      Bank statement (Not older than two months)

✔      Mobile Bill (Not older than two months)

●       If the registered office premise is owned, scanned copy of address proof of registered office such as a mobile bill, electricity bill, gas bill, etc which should not be older than two months

●      Signed NOC from the landlord in case of the rented premise.

●       Scanned copy of notarized rent agreement

●       An affidavit from directors declaring that they have complied with the deposit rules of the Companies act.

●       Consent of the directors in Form DIR-2 to act as directors of the Company that contains the complete details of directors.

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