Private Limited Company Registration | Process & Documents
Know the easy process to get private company registration online in India at Rs. 8899. Grab the big opportunity to register a pvt ltd company at minimum fees + government taxes with a free consultation. Filling the appropriate forms with the proper Indian authorities with quick & easy steps with JustStart.
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How To Register A Company In India Online?
Online pvt ltd company registration process can be completed online with Just Start with quick and easy steps. All the procedures can be done online by just submitting the documents with the team & getting help from our business representatives.
A Pvt ltd company is one of the modest & the finest forms of business entity. About millions of companies have been already registered. One of the main reasons to get registered with raising equity finance. Along with a Annual Compliances for Private Limited Company is also help to maintain finanace detail.
What Is A Pvt Ltd Company?
As per Section 2 (68) under the Companies Act 2013 , a pvt ltd company registration is a small firm or corporation that is privately held by a limited number of investors, owners, or shareholders. These companies are easily identifiable as the firms are required to use.
A “Private Limited” as an affix after the corporation’s
name & require a minimum of 2 Directors and 2 shareholders
with one of the directors must be of an Indian resident and Indian citizen. The registered office must be in India. Directors can also be the shareholders.
Features Of A Private Limited Company
Register pvt ltd company is the most basic and often used form of business entity. As of January 2022, there were over 1.43 million companies registered in India.
One of the reasons behind this boom is the ease of raising equity financing in online company registration in india.
If you have an expansion plan & aim to have higher growth with high investment, then the Pvt Ltd company is the best option for you.
After getting Other features of private limited companies are as given below. So you need to check out to know how to register a company in India :
- Members: A private limited registration can be formed with as few as two shareholders or as many as 200.
- Each shareholder in a private limited company has limited liabilities: meaning if a corporation suffers any financial loss, the shareholders are required to pay back only the amount that they invested in the company.
- Share transferability: Private limited companies allow easy and free transfer of shares between shareholders.
- Business Continuity: In private limited companies, corporations continue to exist in the eyes of the law even if one of their members dies, becomes insolvent, or files for bankruptcy. As a result, the company will continue to exist in perpetuity.
- FDI: Private Limited companies are allowed to raise foreign direct investment.
Checklist For Incorporation Of Private Limited Company Registration
As per the Companies Act, 2013, one who wants to register with a Private Limited Company must have the following checklist:
- Two Directors : A pvt ltd Company must have two directors with a maximum of fifteen directors. One of the directors must be a resident of India.
- Registered office address : The registered office address must be India’s address. It is not required r to have a commercial space for an office address. They can also operate with a home or any rented property. If rented property, NOC from the landlord will be required.
- Capital Amount : There is no minimum capital amount fixed for a Private Limited Company. Any amount of capital can be contributed to the company. Many people don’t know the concept of Capital in the Company so below are the concepts to be kept in mind before incorporating a private limited Company:
There are some types of Capital in the Company:
Authorized Capital: Authorised capital is the total value of shares and securitya company can issue to the shareholders. If higher is the authorized capital, then the MCA fees will be increased. You can also increase the authorized capital of the company if required.
Paid-up Capital: Paid-up capital is the amount of capital that is subscribed by the shareholders and which can be deposited in the current account of the company. Paid-up capital can not be more than the authorized capital of the company.
Which Documents Required For Pvt Ltd Company Registration?
The following list of documents is required in order to pvt ltd registration online.
- ID proof: For Indian Director PAN Card is necessary. For Foreign Nationals passport is a must
- Office Address Proof: The address of the office must be in India. It should be the electricity bill/telephone bill of the registered premises. If the premises are not registered in the name of the owner, then NOC will be required which is to be signed by the owner of the premises. For notice or any communications, if served, the registered company must have a board with the name of the company outside the premises. The registered office can also be changed if required after incorporation
-
Photographs: Passport Size Photographs of the proposed directors
- Address proof of the proposed directors: Bank statement/ telephone bill/ mobile bill or gas bill is required for the Indian director which should not be older than 2 months. For foreign Nationals, address proof must be issued by the government of foreign Country which should be not older than 2 months.
PAN Card
(both shareholders and directors).
Passport Size Photos
(Latest photos of the Directors/Shareholders)
Rent Contract
(If Rented)
NOC
(From the Owner)
Business Address Proof
(Latest electricity bill or telephone bill of the registered office)
Identity Proof
For Directors/Shareholders Identity Proof-aadhar card/voter id/passport/Driving Licence
Residential Proof
For Directors/Shareholders Resident Proof-Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
Procedure For Incorporation Of Company
The procedure of forming a private limited company consists of a few easy steps. It means which the applicant simply requires the most basic paperwork. The following are five simple steps to forming and then you can know how to register a company in india online:
Step 1. Apply in form Spice+ for the Name Application:
Name approval through Spice+ form if name approval letter is desired. Otherwise, we can also go through the direct route by submitting all the required documents & details to the MCA by filling all the required forms.
Step 2. Digital signatures of the directors:
All the forms/applicationsin for the MCA will be incomplete without a digital signature. All the forms should be digitally signed. For a digital signature, the directors will have to submit a copy of their identity proof, photograph and contact details.
Digital signature can be obtained with the help of Authorised Certifying Authority by JustStart.
Step 3. Submitting all the Necessary forms
Once obtained all the information, and documents then the next process is to submit all the necessary forms Spice+, Spice moa, Spice Aoa, Agile pro, and Inc-9 for the declaration . If the MCA finds all the information complete and legible, then they will issue a Certificate of Incorporation, PAN, TAN of the Company
All the process can be done tentatively within 7-10 working days , if all the required documents are provided on time.
Why JustStart For Private Limited Company Registration?
T
he concept of a Pvt Ltd Company structure and know advantages and disadvantage of registering a company with popularity.
If you have made up your mind on getting your Pvt ltd company registered, you must hire a team of legal experts. A team of legal experts will get your company registered quickly through their expertise.
JustStart has one of the best legal consultants to help your company get registered. Once you let our legal experts help you with your private limited company’s registration, you won’t have to worry about it ever again.
Online Process: To get your private limited company registered, you won’t have to leave your office. With JustStart, know how to apply private limited company online. Also, you can get your company registered from the comfort of your office or home. Our hassle-free online process has proven to be quite effective for our client.
Experienced Experts: Our team is full of experienced MBAs, CAs, CS, Lawyers, and Accountants with a great amount of skills and talent. You can trust our experts for the registration of your private limited company.
Client Satisfaction: We aim to help our clients’ businesses grow through our consistent legal support. Through our legal advice, you will be able to tackle all the legal obstacles that may come in the way of your business easily.
Refined Strategies: Besides having a team of remarkable experts, our refined legal strategies contribute greatly to our success. With the help of our legal strategies, you will be able to run and grow your business smoothly.
LET'S CLEAR ALL THE DOUBTS!
What is a Private Limited Company?
A private limited company is a business entity privately owned by shareholders and its shares cannot be traded on a stock exchange. But if you want to close pvt ltd company India, it is possibe with JustStart.
What Is The Minimum Requirement For Establishing A Private Limited Company In India?
Under the Companies Act 2013, a few minimum requirements to establish a private limited company are as follows:
- Shareholders can range from two to 200.
- One of the director must be a citizen of India with permanent residency.
- Address proof, identity proof, PAN card, DIN, DSC of all directors
- Company name: It is mandatory to have a company name that is unique, indicates the activity that will be carried out by the company, and mentions “private limited” at the end.
Do Registration Applicants Need to Be Physically Present at the Time of Document Submission to MCA?
No. The process of obtaining company certificates and completing the registration application is completely online and does not require the applicants to be present. In most cases, individuals hire experienced Private Limited Company Registration Consultancy like Juststart in India to complete the documentation on their behalf to avoid any obstacles.
What Is The Process Of Online Private Limited Registration Services?
Private limited registration consultants lay out a clear plan on the applicants’ behalf so the process is not delayed and you can focus on growing your business instead of wasting time on preparing piles of paperwork.
Can My Private Limited Company Name Get Rejected?
Yes. A company’s name can get rejected if it already exists or matches another registered trademark or another Pvt Ltd or a LLP name. Ensure that all these names do not have any close resemblance to other registered Pvt Ltd/LLP business entities.
Can I Submit My Documents For Private Limited Company Registration Online?
Yes. MCA offers the facility for electronic submission of documents for the ease of applicants and to obtain the certificate. However, the certificate issuance may take up to a week to process.
Is There Any Disadvantage To Setting Up A Private Limited Company?
Like any other risk involved in business, private limited companies do have certain restrictions. For example, private limited companies do not allow share transferability freely on a stock exchange. Also, the registration is a tedious process that can take a long time if not done by experienced and reliable online consultancy service .
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Some Specials Words From Our Clients
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Our Popular Services at Glance
Private Limited Registration
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No minimum capital requirement
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Limited Liability
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Tax Advantages
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Business Continuity
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FDI Allowed
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Builds Credbility
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Personal Reputation
LLP Registration
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No minimum capital requirement
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Legal Recognition
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Lower Registration Cost
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No requirement of compulsory Audit
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Savings from lower compliance burden
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Taxation relief
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Easy Transferable Ownership
OPC Registration
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Separate legal entity
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Liability of the members is limited
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OPCs allow the Transferability of shares
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Savings on compliances
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It has to mention a nominee while registering the company
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No minimum paid-up capital required
Trademark Registration
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Builds trust and Goodwill
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Differentiates Product
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Protection against infringement
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Global Trademark Registration
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Attract Human Resources
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Exclusive Rights
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Recognition to product’s Quality