INCORPORATION OF PRIVATE LIMITED COMPANY

  • Most common and simplest form of company in India.
  • Online Registration Process

Requirements of Registration of a Private Limited Company:

Process of Incorporation of a Company:

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Decide the type of entity

Which entity you want to register: Pvt Ltd Company, LLP, OPC, Public Limited company, etc.
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Decide the name of the company

Decide a unique brand name of your company. Two names can be applied in the order of preference. Please provide us with -5-7 unique names, our expert team will analyse and guide you about the availability of the name.
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Apply the name of the company

Once the name is finalized our team will make application for name 

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Apply for Digital Signatures

Once the name is finalized our team will make application for name 

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Registration of Digital Signatures on MCA website

Before processing for the incorporation of the company, the DSC of all the members/directors are required to be registered on the MCA portal.
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Application for Incorporation of Company

Once the name is approved, our team will prepare the documents required for the incorporation of the company and make an application for the same. 

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Certificate of Incorporation of the company

After the application is done, the documents and application are verified by the Registrar of Companies and a Certificate of Incorporation is issued.

CHECKLIST FOR REGISTRATION OF A PRIVATE LIMITED COMPANY

Basic documents required for registration

For Company:

  • Registered address proof -Electricity Bill/ Telephone Bill/ Mobile Bill/ Gas Bill (any one)
  • No Objection Certificate for use of office address

For Directors and subscribers:

  • Self-attested PAN Card and Aadhar Card Copy 
  • Self-attested Residence Proof: Electricity Bill/Bank Statement/Mobile Bill  (Any one)
  • Passport size photographs

Basic Information required for registration

For Company:

  • Proposed Name of Company 
  • Nature of business
  • Initial Capital
  • Contact No. and Email Id

For Directors and subscribers:

  • Name of Director/ Shareholder
  • Mobile No.
  • Email Id
  • Place of Birth
  • Educational Qualification

FREQUENTLY ASKED QUESTIONS :

A private company is a separate legal entity having perpetual succession, with limited liability only up to the share of capital. The shareholders liability is up to the limit of shares subscribed by them. 

A Private Limited Company is the most common and recommended type of business entity which is managed, controlled and owned by a small group of persons. 

Most of the startups in India are registered as a Private Limited company.

There should be a minimum 2 directors and 2 shareholders, a registered office address and a company name to form a private limited company. Atleast 1 director should be an Indian resident and Indian citizen.

Yes. An existing proprietorship firm can be converted in to a private limited company.

Yes. You can form a One Person Company (OPC). OPC is a company that has only one person as its member.

  • It is a separate legal entity different from its directors and shareholders. The company continues to exist even after the death of directors or shareholders.
  • The liability of the members is limited up to the amount of shares subscribed by them. In case of loss faced by the company, the personal assets of the members will not be used for repayment of debts.
  • Raising of funds is easier in Private Limited companies. Angel investors, venture capitalists and financial institutions invest in Pvt Ltd or Public Ltd companies only.
  • It builds transparency and credibility among the investors, employees, banks and even clients of the company as the basic details of a Pvt Ltd company are available in the public domain for its verification.

No. There is no minimum paid up capital requirement to form a private company. 

No. A private limited company cannot list its shares on stock exchange. First it should get itself converted into a Public Limited company and then list its shares on stock exchange for trading.

No. A Private limited company cannot take loans from outsiders. It can take loans from its directors, relatives of directors and banks and financial institutions. It can also take loans from its shareholders up to a certain limit.

A Private Limited company is required to file following forms annually:

  • Form AOC-4 (Filing of financial statements)
  • Form MGT 7/7A (Filing of annual returns)
  • Form DPT-3 (filing of return of exempted deposits)
  • Form MSME half yearly return (for reporting the delayed payments to MSME vendors)
  • DIR-3 KYC (for annual kyc of directors)

Apart from above other forms may be required to be filed depending on the transactions carried out by the company.

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We specialize in providing online company registration and compliance services for all types of business entities. Our processes are fully digital so that we can be at your service irrespective of where you are.