Private Limited Company Registration

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Private Limited Company Registration

Private Limited Company

A Private Limited company is a limited liability company with a minimum of two and a maximum of 200 Director and offers legal protection to its all shareholders. It is registration with ROC Under companies Act 2013. It lies between a partnership and a public company. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc.

Private Limited Company

The directors of a private limited company have limited liability to creditors. In a case of default, banks / creditors can only sell company’s assets but not personal assets of directors.

Documents Required


for Pvt. Ltd. Company Registration

5 Simple Steps


to Start Pvt. Ltd. Company in India

Advantages & Benefits


Why to Register Pvt. Ltd. Company.

Perpetual Succession

An incorporated company has perpetual succession. Perpetual Succession means the company shall continue to exist even if the member dies or ceases, etc. Changes within the management does not bring any affect onto the identity of the company, the Company will remain the same with same privileges, immunities, estates and possessions. The Company shall continue to exist till its wound up in accordance with the provisions of the relevant law.

Easy Transferable Ownership

The shares and other interest of any member in the Company shall tend to be a movable property and can be transferable in the manner so provided by the Articles of such company. Therefore, it is easier to subscribe or leave the membership of the Company. Also it is easier to transfer the ownership.

Flexible Relations

A person can act as a shareholder, a director and an employee at the same time, when private limited company is taken into consideration. They are considered reliable too.

Selling the Business

It is easy to sell business for a company than any other business form. As business Corporation value will be based on the business, not the owner, therefore making it easy to sell the Company.

Better Governed

Companies are governed by The Companies Act, 2013 and have to follow various other regulatory procedures during the course of its governance, moreover they have to comply with the stringent disclosure norms so imposed by the authority, which let to better governed organizations and creation of value for owners.

Tax Advantages

They pay tax on taxable profits and are exempted from higher personal income tax rates.

Frequently Asked Questions (FAQs)

Is it necessary to have 2 directors for Private Limited Company Registration?
Yes, you need a minimum of two directors for a private limited company. The maximum members can be 200. If you are the sole owner, you can register as a One Person Company.
Who can be a Director in Private Limited Company?
Any individual/organization can become the Director of the private limited company including foreigners/NRI. However, the individual must 18+ above in terms of age and should have a valid PAN card.
For incorporation of private limited company do I have to be present in person?
The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail. They get the company incorporation certificate from MCA via courier at their business address.
Are there any other payments to be made for incorporation certificate in addition to fee paid at the time of registration?
There is absolutely no other payment. Our charges are inclusive of everything. We will send you an invoice with no hidden charges. Our team provides you support till you get your bank account.
WHAT IS COMMON SEAL?
The Common Seal is the official signature of the company. Any documents on which Common seal is affixed, is deemed to be signed by the company.
CAN NRI/FOREIGNERS HOLD SHARES OF A PRIVATE LIMITED COMPANY?
Yes, subject to Foreign Direct Investment (FDI) Guidelines a NRIs / Foreign Nationals / Foreign Companies can hold shares of a Private Limited Company.
What is the minimum capital required for forming a private limited company?
You need to start the company with a minimum capital of Rs. 100,000.
Do I need a proper office address to start a company?
No, you don’t need a proper office. You can even register your company at your residential address. It is perfectly legal to start the company at your home or in your garage. MCA team typically doesn’t visit your office.
WHAT IS DIGITAL SIGNATURE CERTIFICATE AND WHY IS IT REQUIRED FOR COMPANY INCORPORATION?
Digital Signature Certificate (DSC) as the name suggests it is a digital signature of an individual and it is required for filling the e-forms of company incorporation electronically to Ministry of Corporate Affairs.
WHO CAN BECOME A DIRECTOR OF A PRIVATE LIMITED COMPANY?
The Director required to be above 18 years of age and must be a natural person. He may or may not be citizen or residence of India. We can say that even a foreign nationals can be Directors in Indian Private Limited Company.
WHAT IS DIN (DIRECTOR IDENTIFICATION NUMBER) AND WHY IT IS REQUIRED?
The Unique Number is required to allot to an Individual which remains valid for whole life of the individual and is required to become director of any company.
HOW CAN WE SELECT A NAME OF COMPANY UNDER REGISTRATION?
Firstly we just need to find a unique name as prefix and promoters need to provide name of the proposed company along with significance of word. Secondly the name needs to include a word about the company business activity. Finally before selecting Names it will be advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.
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