Private Limited Company registration

Private Limited Company, is the best corporate structure to start your own business. It can be registered with minimum two members and maximum with two hundred members. The private limited company is juristic, and the liability of members is limited to their shares. The private limited company can be registered within 10 days. A private limited company must hold board meeting and file annual returns with MCA (Ministry of Corporate affairs). Private limited company has more credibility than an LLP or General Partnership. Venture capitalist and Angel investor prefers to invest in a private limited company. Approximate every year, more than 100,000 companies registered India.

Package Inclusions:

 

Service Tax Extra on Professional Fees, MCA fees estimated based on official stamp duty prevailing in NCT of Delhi.


Advantage of Private Limited Company registration

Limited Liability

Liability of Members and Directors of the private limited company is limited to their shares. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of shareholders / Members / Directors will not be at risk of being seized by banks, creditors, and government.

Continuity of Existence

The life of a business is not affected by the status of shareholders and even after the death of the shareholder, the private limited company continues to exist.

 

The Scope of Expansion

The Scope of expansion is higher because easy to raise capital from a venture capitalist, angel investor, financial institutions and the advantage of limited liability. The private limited offer more transparency in the company.

Brand Value

Company’s brand value will get increased because employees feel secure in joining the private limited company, vendor feel secure in offering credit, investor feels secure in investing, the customer feels trust and confidence in brand in buying company product / services because of a sound corporate structure.

 

Valuation and Customer

The valuation is an important aspect of the company and high valuation comes from loyal customers. You should work on a business model with a higher lifetime value of a customer; Entrepreneur should focus on higher assessment of the company by offering the unique value proposition to the customer’s life.

 

Company Registration Process:

1

DSC (Digital Signature Certificate)

All Propose directors of the private limited Company should have a digital signature and digital signature will use to file the registration, ROC compliance forms, and Tax returns. 

2

Director Identification No (DIN)

When a Digital signature is approved, and you will get an approval email from the Registrar of companies that you are now eligible to be a director of a company. It takes one working days to approve DIN. 

3

Company Name approval

After a Trademark search, we will proceed to file a Name approval application to ROC on your behalf. 

4

Final Incorporation & CIN

After Name approval from the Registrar of Companies, we will file final incorporation e-form with all supporting documents like registered address proof, Declaration from directors. Registrar of companies takes 3 working days to complete the approval process of a company. 

Documents required

From All Directors and Shareholder.

For Proposed Registered office (Residential or commercial)

FAQs on Private Limited Company

1. Do I need to be present during this registration process?

Company registration is a 100% online process. No need to be present physically to our office or ministry of corporate affairs. We will send our person to your home or office for document signature.

2. What are AOA and MOA?

AOA refers to articles of association which defines the internal constitution of the company, and MOA defines mission, vision, business objectives of the company in the log run.

3. Do I need to hire a full-time CA/ CS?

No. you need not hire a full-time CA or CS. We will offer your annual compliance package thru you will get the right advice from our team.

4. How much time is required for registering a private limited company in India?

Usually, we register a company in 7 business days.

5. What are the rules for picking a name for a private limited company?

As Per companies act 2013, company Name should be unique, and business objectives should be added to the name. Also, do care that business name and legal should be different. Like Snapdeal is registered as Jasper Infotech Private Limited.

6. What documents are required for registration of a private limited company?

All proposed directors should provide identity proof (like Aadhar/ Passport / DL/ any other government issued ID, Utility bills as address proof, a copy, PAN Card (for Indian Nationals) and Passport (for foreign nationals). No-objection Certificate must be submitted by the owner of the registered office premises.

7. What is a DSC & DIN?

The DSC is an electronic device issued by CA by which you can sign electronic documents. DIN is a director identification number, for registering a company at least two proposed directors should have a valid DIN.

8. What is the validity of the registration of a private limited company?

A registration certificate issued by the registrar of the business is valid until you are meeting applicable compliance.

 

Compare Your Options

Particular Private Limited Company Limited Liability partnership One Person Company Partnership Proprietorship
Recommended For Early-stage entrepreneurs  with broad business vision Professional service firms Small business and owned by a single promoter Family business Small traders in un-organized sector
Venture capital Funding  Very easy Not Possible Not Possible Not Possible Not Possible
Limited Liability Protection Yes Yes Yes No No
Dividend tax Yes No No No No
Perpetual Existence Yes Yes Yes No No
Statutory Compliances High Low High Low Low
Credibility High Medium Low Low Low
Strategic Alliances and  Joint venture Yes No No No No
Business Growth High Medium Low Low Low

Why Enterslice

  • 1Service Handled By 70+ Qualified Chartered Accountants And Company Secretaries.
  • 2100% Accuracy Guaranteed As Entire Process Managed By CA & CS.
  • 3Our Partner Of Firm Will Be In Direct Touch With You.
  • 4We Offer All Services For Startup From Registration Like Company, Vat And Legal And Assisting Startup In Fundraising.
  • 5We Are Among Top 25 Accounting And Tax Consulting Firms In India.
  • 6We Are Among Top 100 Innovative Fin-Tech Companies By The Red Herring Asia.

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