Private Limited Company Registration

Definition

A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 200, and restricts shareholders from publicly trading shares. The benefits of the Private Limited Company i.e. Limited Liability, Easy to get funding, Easy ownership Transferability, Improve Business Credibility, Grab the International business, Opportunity, Limit the Risk to Personal Assets, An Easy Exit Plan, Separate legal entity, Perpetual Succession and Eligible for Government Start-up Scheme

cost breakup

2DSC (Class II DSC @ 1000 each) 2000
2DIN No. (for 2 Director) 2000
Government Fees 3800
PAN & TAN 175
Professional Fees 3500
GST 630
Clear

Notes:

  • Stamp Duty is a subject matter of a State and it varies from State to State.
  • Franking/stamping and Notary expenses will be on actual basis and will be borne by you.

LIST OF DOCUMENTS FOR REGISTRATION

ID PROOF
PASSPORT SIZE PHOTO
ADDRESS PROOF
COMPANY ADDRESS PROOF

PROCEDURE OF REGISTRATION

INCLUSIVE IN OUR SERVICE

Two DIN
Two DSC
Consultancy for Name Search & Approval
Govt. Fess
PAN & TAN
Object Customization
Draftng of MOA
Draftng of AOA

FREQUENTLY ASKED QUESTIONS

  • Limited Liability
  • Easy to get funding
  • Easy ownership Transferability
  • Improve Business Credibility
  • Grab the International business Opportunity
  • Limit the Risk to Personal Assets
  • An Easy Exit Plan
  • Separate legal entity
  • Perpetual Succession
  • Eligible for Government Start-up Scheme

DIN is Director Identification Number given to an existing Director or potential Director of any Company which is incorporated or to be incorporated. It is a Unique Identification Number. DIN is issued by Ministry of Corporate Affairs.

Digital Signature Certificate means singing the valuable documents electronically/digitally by an authorized person. It is used for signing the electronic forms. It cannot be used in physical documents.

No, minor cannot become a Director because for Director DIN is compulsory and to get a DIN an individual should have achieved age of 18 years or above.

Yes, NRI/Foreign National Can become a Director as well as a Shareholder of the Indian Company provided he should be a Competent to Contract and the Company in which NRI/ Foreign Nationals is/are Director(s), should have at least 1 Indian Resident as a Director on its Board of Directors.

Yes, a salaried person can also become a Director of a Company provided employment agreement allow for such provisions. Generally, employers do not have any problem if their employee is Director of any Company.

Authorized Share Capital is basically the maximum permissible amount of share capital that a company can issue to shareholders. A Company can change its authorized share capital whenever it require from time to time depending upon the requirement of the company subject to shareholders/members approval.

Paid-up share Capital also known as the Issued share Capital of the company is an amount of shares issued by a company to its share holders.

The registered office of a Company or legal entity is the principle/main place of business for a company and all official correspondence is sent to this location.

According to Section 2(56) of the Company Act, 2013 “Memorandum” means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act. It is a Charter document of the company which contains basic and fundamental details about the company. Any act done beyond the scope of the MoA is void.

Article of Association are by-laws of the Company. It contained Rules & Regulation followed by the Company. It defines objectives, duties and powers of the Board of Director, Borrowing Capacity, Voting Rights, Procedure for issue and transfer of Shares.

Yes, Authorised Capital & Paid-Up Capital can be increased anytime after incorporation.