PRIVATE LIMITED COMPANYREGISTRATION
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Private Company Registration
What is Private Company Registration?
Private limited company is among the most popular and preferable choices of business entities in India. Minimum 2 members are required, and for medium and small size businesses and startups, this can be the best choice. It has limited liability and is also applicable for 100% foreign direct investment along with government approval. Two week duration is only required to set up a private limited company. But it is important to complete the private company registration to be the reliable one in the eyes of the government.
When the registration has been completed, the company will be able to engage in outside funding, and also the liabilities to its shareholders will have the enhancement. Also, the employee will be able to get stock options to pull into top talent.
PRIVATE COMPANY REGISTRATION PROCESS IN INDIA
In order to start your business with such an entity, you need to go through the process of Private Limited company incorporation. Once you are successful with the process, you will get to enjoy the perks of a private limited company that includes the following:
Step 1: Select the name of the company:
The primary step is to choose the best name for your company. Make sure to finalize a brand name, and that must be a legal name in consultation. After finalizing the name, check out the availability on the Ministry of Corporate Affairs website. When you are done with checking out, and it is available, you can get it.
Step 2: Digital Signature Certificate (DSC)
Digital signature certificate is important, and all the directors of the private limited company need to get it. After getting the same, they can file the online company registration application. Also, these are in use for signing up the ROC Compliance E-forms along with any income tax returns in the future. If the digital signature certificate is not there, then completing the process for registration will be terminated.
Step 3: Director Identification Number (DIN)
Director identification number is especially issued to that person who is ready to be the director of the company. It will be made in the SPICe form at the time of incorporation. It doesn't matter whether a single person wishes to be the director or more, the director identification number will be unique for each one of them.
Step 4: Name approval
Name approval is an important step. File out the application in the prescribed form Reserve Unique Name (RUN) with the ministry of corporate affairs and wait for the verification. After the approval, you are ready for the final submission.
Step 5: Submission of Final Incorporation form (SPICe) along With MOA & AOA
After the name approval, do the KYC and present all the prescribed documents from directors and shareholders. Submit out the SPICe form to MCA and get the certificate of registration. It will be issued along with PAN and TAN. Make sure to check out the new form known AGILE as it is accompanied by the other form. After submission of the AGILE form, the registration will be issued with respect To the Employees Provident Fund Organisation, Employees State Insurance Corporation, and GST of the company. Come to us immediately if you want your company to be a registered one. At LEGAL TIMES, we are helping you in seeking the registration seamlessly without any trouble.
Step 6: Bank Account
Open your bank Account and Launch your business.
Benefits
Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.
Why Choose us
1. STARTUP’S FIRST CHOICE
2. TECHNOLOGY DRIVEN PLATFORM
3. BEST PRICING
4. 100% ONLINE SERVICE
5. EXPERT PROFESSIONALS
Requirements
Documents Required
PAN CARD
Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled
PHOTOGRAPH
Updated Passport size photos of all Participators / Shareholders and Directors.
IDENTITY PROOF
Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.
ADDRESS PROOF
Updated Electricity Bill/ Telephone Bill / Bank Account Statement of all Shareholders & Directors.
FOR REGISTERED OFFICE
Rent agreement
Valid Rent agreement, Utility bills:- telephone bill, electricity bill, and municipal (It should be last 2 Months) NOC From Owner.
NOC From Owner.
Post Company Registration Requirements?
Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.
Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.