Private Limited Company Registration

Section 2 (68) of The Companies Act, 2013 defines a private limited company as a separate legal entity that is held privately and provides limited liability. It does not freely transfer its shares to the public like any other public companies.
 

In India, a private limited company is a privately held entity with limited liability, and it ranks among the nation's most favored business structures. A private limited company enjoys legal separation from its owners and necessitates a minimum of two members and two directors for its operation.

• Directors: Minimum of two, with one Indian resident.
   
• Shareholders: At least two; directors can be shareholders.
   
• Unique Name: Must be distinct from existing companies/trademarks.
   
• Registered Office: Physical address in India.
   
• Capital: No minimum paid-up capital required.
   
• DIN & DSC: Directors need a Director Identification Number and Digital Signature Certificate.
   
• MOA & AOA: Draft and submit the Memorandum and Articles of Association.

• Limited Liability: Shareholders' personal assets are protected; they are only liable for the amount they invested.
   
• Separate Legal Entity: The Company is distinct from its owners, allowing it to own property, sue or be sued.
   
• Perpetual Succession: The Company continues to exist even if the owners or directors change.
   
• Ease of Raising Capital: Private limited companies can attract funding from venture capitalists and private equity investors.
   
• Credibility: Being registered with the MCA adds credibility and trustworthiness to the business.

• Digital Signature Certificate (DSC): Obtain DSC for all directors to sign electronic documents.
   
• Director Identification Number (DIN): Apply for DIN for proposed directors who do not already have one.
   
• Name Approval: Submit name approval application through the RUN service on the MCA portal.
   
• Incorporation Application: File the incorporation application using SPICe+ form along with MOA, AOA, and other required documents.
   
• Verification and Approval: MCA verifies the application and documents. If everything is in order, the Certificate of Incorporation is issued.
   
• Post-Incorporation Compliance: Obtain PAN and TAN, open a bank account, and register for GST if necessary.

• Director Identification Number (DIN)
• Photographs
• Identity Proof: PAN card (mandatory for Indian nationals)
• Address Proof: Passport, voter ID, driving license, or Aadhar card
• Digital Signature Certificate (DSC)
• Memorandum of Association (MOA)
• Articles of Association (AOA)
• Proof of Registered Office Address
• Utility bill (electricity, water, gas, or telephone) not older than 2 months
• Rental agreement, if applicable
• NOC from the owner of the premises
• Identity and Address Proof of Subscribers and Directors

• Guiding you through obtaining DSC and DIN.
• Assisting in name approval and ensuring compliance with MCA regulations.
• Preparing and filing the incorporation application along with MOA and AOA.
• Facilitating the verification process and ensuring timely issuance of the Certificate of Incorporation.
• Helping with post-incorporation compliance, such as obtaining PAN and TAN, opening bank accounts, and GST registration if necessary.