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Private Limited Company Registration
| Free Company Name Search | Name Reservation |
| Free Consultancy | Certificate of Incorporation |
| 2 DSC, PAN & TAN | Copy of MOA & AOA |
| DIN of 2 Directors | Share Certificates |
* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh, Sikkim
* Package includes one time application of Name approval.
Registration in just 10 - 12 Days
No Additional Government Fees
No Govt. Fees
Private Limited Company Registration in India
A Private Limited Company is a privately held small business entity. The liability of members of a private limited company is limited to the number of shares held by that member. A private limited company is governed by Companies Act,2013. Minimum number of shareholders required to start a private limited company is two while the upper limit of members is 200 in accordance with the Companies Act,2013.
If a private limited company faces financial risk, its shareholders are not liable to sell their individual assets i.e. they have limited liability. There must be minimum two directors and maximum 15 directors for a private limited company and a director must be 18 years above in age. A foreign national can become a director of private limited company India.
It is compulsory to add private limited (pvt ltd) to the name of a private limited company India. Minimum paid up capital amount for a private limited company is Rs. 1 Lakh. A private limited company keeps on existing even in the case of death or bankruptcy of its Members.
Requirements for private limited company:
- Minimum two directors
- Minimum two shareholders
- At least one director should be from India
- Maximum 200 shareholders.
In order to keep up with these requirements, you need the assistance of the business experts. Additionally, the process of private limited company registration in India is something that only experts should handle.
Therefore, Implus Advisor is here to help out. Our complete private limited company registration services shall ensure that you can setup your company and be on your way to success in no time.
Documents of Shareholders/Directors
- Two Colour Photographs of Each Promoter
- PAN Card of Each Promoter
- Identity Proof (Voter ID / Driving License/ Passport)
- Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
- Registered Address Related Documents
- Proof of Registered Office
- Utility Bill as Proof of Registered Address
- NOC From the owner of the premises
What is Digital Signature Certificate and its role in company incorporation?
Giving by its name, it is basically a digital signature of a person and is needed for filing the e-forms of company setup electronically to Ministry of Corporate Affairs. Digital Signature Certificates or DSC or Digital Signature are being accepted by various government agencies and now is a statutory requirement in different applications. It is a useful way of electronically signing documents.
What is the eligibility for becoming a company director?
An individual with a minimum of 18 years of age can become a director of a Private Limited Company. It is necessary for him to have Indian citizenship which means that even a foreign national can become a director.
Is there any limit on the number of members to setup a Private Limited Company?
The limit in this kind of company incorporation is minimum two members and maximum two hundred.
What is the minimum capital requirement to register a Private Limited Company?
There is no minimum limit on the capital requirement.
How long it takes to setup a Private Limited Company?
It takes around 5 to 8 days to setup a Private Limited Company. The time to be consumed generally depends on the submission of necessary documents to respective authority and obtaining government approvals. It is suggested to pick a unique company name and furnish all required documents for speedy processing of application.
What is the role of DIN (Director Identification Number)?
DIN is a unique Identification Number allotted to an individual who is appointed as a director of a company, upon making an application in form DIR-3 pursuant to section 153 & 154 of the Companies Act, 2013. It remains in force for the whole life of the person. Any person intending to become a director in an existing company shall file form DIR-3 and the same gets processed by Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs).
What is MOA and AOA?
'Memorandum of Association' abbreviated as MOA, is the basic document of the company, which contains all the general details about the company. On the other hand, 'Articles of Association' shortly known as AOA, is a document containing all the rules and regulations designed by the company. It outlines the ways in which shares are distributed, rules to be followed by the stakeholders, responsibilities of the individuals to the company etc. AOA is more flexible than MOA and acts as its preamble. The users may obtain approved e-MOA (INC-33) and e- AOA (INC-34) through certified copies facility available on MCA.
What is the Certificate of Incorporation of the Company?
Certificate of Incorporation (COI) is a legal document that is issued by Ministry of Corporate Affairs (MCA) once a company is successfully registered with them. The promoters can expected to receive the certificate within 6 to 10 days along with the TAN and PAN after uploading the Spice e-form INC-32, Spice MOA (INC-33), and Spice AOA (INC-34).
Define the responsibilities of a director?
A director is precisely an agent of the company, appointed by the shareholders to manage its day-to-day affairs. The basic rule is that the directors must act together as a board but generally the board may also delegate certain powers to individual directors or to a committee of the board. A director's duties can include: determining and implementing policies and making decisions.
What is minimum and maximum limit on the number of directors in a Private Limited Company?
Minimum no. of directors is two and maximum are fifteen.