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Private Limited Company

A private limited company is the most popular corporate entity amongst small, medium, and large businesses in India due to various advantages. RandL offers company registration from Rs.11,000/- to Rs.12,000/-

Note: Including Professional Fees and Government Fees

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Easily Register a Private Limited Company

Overview of Private Limited Company

Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.

Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.Legalguidance is the market leader for services relating to company registration in India. 

Benefits of Company Registration

Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business:

  • Shield from personal liability and protects from other risks and losses
  • Attract more customers
    Procure bank credits and good investment from reliable investors with ease
  • Offers liability protection to protect your company’s assets
  • Greater capital contribution and greater stability
  • Increases the potential to grow big and expand

How to Register a Company Online - the Registration Process

  • Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have Vakilsearch as our professionals can help you with every step of the private limited company registration process.

    • Step 1: Obtain DSC
    • Step 2: Apply for the DIN
    • Step 3: Application for the name availability
    • Step 4: Submission of MoA and AoA to register a private limited company
    • Step 5: Apply for the PAN and TAN of the company
    • Step 6: RoC issues a certificate of incorporation with a PAN and TAN

Documents Required for Online Company Registration

In India, private limited company registration cannot be done without proper identity and address proof. Listed below are the documents accepted by the MCA for the online company registration process:

Identity and Address Proof
  • Scanned copy of PAN card or passport (foreign nationals & NRIs)
  • Scanned copy of voter ID/passport/driving license
  • Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
  • Scanned passport-sized photograph specimen signature (blank document with signature [directors only])
Registered Office Proof
  • Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
  • Scanned copy of notarized rental agreement in English
  • Scanned copy of no-objection certificate from the property owner
  • Scanned copy of sale deed/property deed in English (in case of owned property)

Note: Your registered office need not be a commercial space; it can be your residence too.

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Checklist for Registering a Company in India

According to the law in the Company Act, 2003 in order for any company to be registered in India, the below conditions have to be met.

01

Two Directors:

A private limited company must have at least two directors and at most, there can be 15. Of the directors in the business, at least one must be a resident of India.

02

Unique Name

The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.

03

Minimum Capital Contribution:

There is no minimum capital amount for a company. A company should have an authorized capital of at least Rs. 1 lakh.