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If you are willing to commence a company in India then Private limited company registration is the most suitable form of online company registration in India for you. Private Limited Company Registration in India is a quick and easy online company registration process with fewer formalities. Every start-up or developing business favours online company registration as it offers multiple benefits like legal certification, easy fund raising, restricts the liability of its shareholders and much more. Private limited company registration is governed by Company Act, 2013 along with Companies Incorporation Rules 2014. Apply online company registration at LegalPillers as they will not only provide you the registration of PVT LTD company in India, But also they will completely guide you through the Meaning of Company Registration, Requirements of Company Registration, Online Company Registration Process, Documents required for Pvt. ltd company, Benefits of Choosing a private limited company and much more.
As the name suggests "Private" the company is privately held, it is also named as "Pvt. Ltd Company". The Private Limited Company Registration must have atleast a minimum of 2 members and a maximum of 200 members. A Private Limited Company Registration is a separate legal entity with an advantage of limited liability for its shareholders.
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Private limited company registration is popular for its legal structure. The Private Limited Company Registration is easy and simple to do if you apply online. All partners in Private Limited Company Registration have limited liability to creditors. In case of any loss or defaults, the bank or creditors can sell the company's assets but not the personal assets of the owners.
The most significant benefit for the members of the Pvt. Ltd Company Registration Online is the liability is limited to the number of shares respectively held by its partners. The shares of the Pvt. Ltd Registration is not allowed to be publicly traded. Limited liability is the biggest protection for the owners. In case of loss or profit, feature of limited liabilities protect their ways. Personal assets are always secure in case of any loss or misconduct. From 2 to 200 Members can incorporate a private limited company. For those who don't know, Private limited company is a separate legal entity with an advantage of limited liability for its shareholders.
Pvt Ltd Company Registration is well known for its legal structure. At LegalPillers, You can also apply for PVT LTD Company Registration online. All partners in Private Limited Company have limited liability to creditors. In case of any loss or defaults, the bank or creditors can sell the company's assets. No one can sell the assets of the owners which is also consider as one of the popular benefits of Pvt Ltd Registration of Company in India. The most significant benefit for the members of PVT LTD Company is that liability is limited to the number of shares respectively held by its partners. Public trading of the shares of a private limited firm/ Pvt. Ltd Registration is restricted by the same act under which all private limited company registration is done.
In case of Loss or Profit, the limited liability proves itself as a topmost protection layer for the owners of the Private Limited Registration. It must be noted that you should take all these kinds of advisory from an income tax consultant or CA near me provided by LegalPillers.
Pvt Ltd Company can be incorporated online through LegalPillers.
PVT LTD Company registration is an easy and quick process. Although there are some eligibility guidelines one must adhere. So let's have a clear view on them on Private Limited Registration.
So, do fulfil all the requirements and then apply for company registration.
As you can go through the review, at LegalPillers we take care of the complete Pre/Post Company Registration Process. For getting proper assistance you can find our CA Near Me service also. We also provide some complementary services along with PVT LTD Company Registration in India.
At LegalPillers, we give a virtual tour of benefits you will avail after Private Limited Company Registration.
The Company registration is made under the Companies Act, 2013 & Companies Incorporation Rules. According to the provisions of CA, 2013 the PVT ltd Companies are separate legal entities. This says that Private Limited Company Registration is capable of managing assets and liabilities as its own.
Moreover, register Pvt. ltd Company comes with certain provisions. Business people get benefits to raise funds by equity. Plus, increase and at the same time limit the liability. This is the unique feature of Pvt. Ltd Company Registration Online.
The company will remain in the long-run. It will not dissolve in any case. There is no option for shareholders to sell their shares with the public. Likewise, shares cannot be exchanged on a public stock exchange as there is a restricted. The shareholders have limited liabilities. The shareholder will pay from the company's assets and cannot sell personal assets in Pvt. Ltd Registration.
All companies in India register with ROC (Registrar of Companies) Act rules and regulations. The company registered office is available in all states or cities Like Delhi, Mumbai, Pune, Hyderabad, Patna, Chennai, Kolkata, , etc. Online formation of Private Limited Registration is a better option as they work on easing your process. Anyone can check all details by visiting MCA portal for Online Private Limited Company Registration.
A Private Limited Company Registration has 'regular succession', that is continued or constant existence until it is legally separated. A company, being a separate legal person, not get affected by the death or end of any member but remains to be in survival irrespective of the changes in membership.
|No||Basis of Difference||Private limited company||Other Registration|
|1||Meaning||Pvt limited company is a small business entity. It's a type of privately held small business entity.||A limited liability partnership is a partnership where all partners have limited liabilities. In an LLP, every partner is not liable for another partner's carelessness.|
|2||Liability||Limited to the extent of share capital best in terms of liabilities||As the name suggests limited liability|
|3||Foreign ownership||Allowed by permission from RBI||LLP is eligible to get foreign participation|
|4||Legal Protection||It follows the rules and regulations prescribed under Companies Act, 2013||It is also register with MCA having certian limited features|
Documents and information needed for the registration of Private Limited Company you require to give the following mentioned documents:
All of the above are main and important Pvt. Ltd Registration documents. But there are some forms that need to be filled up before submission of documents to the Registrar for Register Pvt. Ltd Company Online.
Name selection of company is very important. Here is a step by step guide for Registration of Company Process. Private Limited Company Registration Process is much easy which can be understand as-
The first step to register a company is applying for DSC (Digital signature) which is mandatory for filling the online registration form. There are so many Certifying Authorities which are providing Digital Signature Certificate Services in India such as e-mudra, Capricorn, Vsign etc for the purpose of Online Private Limited Company Registration.
You need to give 2 separate options for your company name to MCA of which one will be chosen. Names given must ideally be different and suggestive of company business. Also, make sure you write "PVT Ltd" at the end of the company name. Run form introduced by MCA there are two attempts for application of name reservation. So use our portal for checking the company name availability and submit carefully.
Once the name is approved in the ROC office. One must draft Memorandum of association and Articles of Associate electronically. Both MOA and AOA are filed with the MCA with the subscription statement. These forms are important to clarify the process of company registration in India. Memorandum describes the agreement of the company while articles of association include the privacy rules and regulations of the company. These form files online on the MCA portal along with linking form with SPICe (INC-32).
When all the documents and forms are filled and submitted. Wait for 2- 3 days to form a Private limited company. You will get the incorporation certificate. Incorporation certification is confirmation that the company is legal and can work smoothly. It also involves your CIN number. This even implies you are enrolling with MCA registration. You can check your name details with MCA for Registration of Private Limited Company.
After getting the certificate of incorporation. NSDL will also issue companies PAN and TAN Certificates. In this application you will also get PF Registration, ESI Registration, Professional Tax registration(if applicable). After receiving all certificates, immediately apply to open your bank account in the company's name. Pvt. ltd company registration online, one must follow simple 5 steps. And while selecting a company it's important to check its availability.
The name of your company is very valuable. It is the first impact to your buyers, suppliers, and stakeholders. Therefore pick relevant, indicative and attractive names. There are several factors that you must keep in mind while naming for your company.
The name must be 1-6 words not to be too long. People feel ease in announcing. Plus, people pick such names that are easy to remember, hear and read. Don't forget to add "PVT LTD" in the last of the names.
The name of your company should have meaning and relate to your business. For Lakme, it refers to cosmetic services.
Pick the names which are not the same and identical. Plus, never have existed before. Check the name availability at our portal. Try to neglect plurals in your company name like Starbucks. Starbucks is already a coffee Private Limited Company Registration.
The name of your company must end with the suffix "Private Ltd" in the case of a Private limited company. So, never forget to apply "PVT LTD".
The name of your company never goes against the law. It cannot be offensive or against the cultures and beliefs of any religion.
Here is a list of some of the Compliances that we are providing after the Pvt ltd firm registration/ Private Limited Registration.
Just within 1 month of registration, an Auditor must be appointed. Post-appointment, an extraordinary general meeting of shareholders is called to declare the appointment of the auditor.
The board meeting is conducted every 120 days or less. The 1st meeting is major to post-incorporation for discussing the various provisions of Company Act, 2013 after Online Private Limited Company Registration.
Every director has to reveal his concerns and interests directly or indirectly by a contract or agreement. The proposed contract is determined in the first meeting of the board of directors. Any change in the concern of the director must be inferred to the board of directors within 30 days after the Private Limited Company Registration Process.
Books of accounts are mandatory along with financial statements at the registered office. The double-entry bookkeeping is followed and records of the same are preserved for at least 8 years. After Pvt. Ltd Company Registration in India our Income Tax Consultants will consult you regarding all other post compliance aspects.
Registration of the company process takes 7 to 8 working days. PVT LTD company registration online is an easier process for registration of company India. At LegalPillers we provide the best-in-class CA near me for registration of companies in India as well as for GST Returns and Income tax returns and so on. We always believe in offering customer stratification. Moreover, simplifying the process of registration for our customers. You can apply today for complete company registration as well as CA services. You can contact us at 9625279785 - 9267941961. You can also write at [email protected].
On an average basis 16000 companies and LLPs registered during a month with Ministry of Corporate Affairs. Budding entrepreneurs prefer to go for Private Limited Company, LLP or OPC for starting their business in India.
If you don't see an answer to your question here, please feel free to contact us with the links below:
To register a company online in India is much easy now. You just need to ready with basic documentation and other information. And submit it with MCA. For complete solutions our CA/CS will assist you in registration process.
A Private limited company is the which is privately held. It's a separate legal entity that is governed under the company Act 2013 & Company incorporation Rules 2014.
Any person can apply for company registration even NRIs are allowed to set up a company in India. ( age 18 or above)
The process of private company registration is simple:
The reason to register private limited company are:
The documents required are :
Yes, foreign nationals can apply for company registration in India.
It all depends on the process and your documents you already have like DIn, DSC. Usually, it begins from Rs. 5,999/-*
Your company requires at least 2 directors to file for a limited company.
It all depends on the processing of your documents usually it takes 15-20 working days in the registration process.
Registration of Private Limited Company would cost you Rs. 5999/-. However the registration cost is not same in state of Punjab, Kerala, Madhya Pradesh.
Private Limited is a registration of your business with Ministry of Corporate. By registering Pvt. Ltd you can expand your business through out India.
COI is a registration certificate of company. It is conclusive evidence that your company is register with MCA.
Registered company means a company which is registered under Companies Act, 2013
Yes you may, if you are running your business and want to expand it. Private Limited is a good option for you.
To register a business in India you need to find which type of registration structure requires for you business. There are various laws in India under which you can register you business.
The date on which MCA issued you Certificate of Incorporation, i.e, Registration date of company.
For Pvt. Ltd some basic documents are required such as-Adhaar Card, PAN, Bank Statement, electricity bill, NOC, etc
To register Pvt. Limited contact us at given number or directly chat with our Chartered Accountants or Company Secretaries.
To register a Manufacturing you must have to provide requisite documents and other information to our professional. They will register it with ministry of Corporate Affairs on you behalf.
To register a small business in India you have to decide your registration type. If you have any confusion directly call our professionals at- 9625279785 - 9267941961
To register a marketing company in India you have to decide your registration type such as Pvt Ltd, LLP, OPC etc. If you have any confusion directly call our professionals at- 9625279785 - 9267941961
In case of Private Limited Company the normal tax rate is 25%. However it increases after crossing a certain limit as prescribed in law.
DIN is unique number issued to every director. You can say it is a number to issued by MCA to a person who want to be/is/was director in any company.
DSC is a type of electronic signature issues or created by some Certifying Authorities.
Yes a company can shift his registered office from one place to another place by complying certain prescribed provisions of Companies Act, 2013 or rules made there under.
If you have only one person as a director and you are wishing to register your company, you may opt for One Person Company.
A salaried person can also be director in any company, if he is not barred according to the service agreement.
There is requirement of law that you must have file certain information and data of company with MCA which is called ROC Filing. ROC filing is mandatory and failure in filing shall attract penalty. So you can say there is a cost involved for maintenance of company not renewal.
Yes, after complying certain provisions of Companies Act, 2013 you can convert your company.
No, it is not mandatory to have a commercial space; you can start your business at your residential place.
Yes, a company can shift his registered office from one place to another after complying certain procedure.
No, Legal Pillers will submit your Registration Application electronically with concerned authority. You just need to submit scanned documents as required by our team.
No, once a company get registered there is no renewal cost; however company needs to do certain mandatory compliances as prescribed by law.
DSC is Digital Signature Certificate which is required to sign documents electronically and DIN is Directors Identification Number, which is a unique number allotted by Ministry of Corporate Affairs to the directors to identify them.
Yes, A foreign Nationals and NRI can be directors or shareholder in Indian Company but atleast one Indian resident shall also be in the board.
No, Government has waived off this requirement. Now a company can be register without any capital.
No, you don't need to keep within account, you can show this capital as pre incorporation expenses viz, expenses on infrastructure, assets, registration expenses etc.
No problem you can take any one of your family members or friend as director without sharing any ownership with them.
Yes, Salaried person can be director in Private Limited Company, One Person Company as well in Limited Liability Partnership until their service agreement does not prohibit them for doing the same. However employer does not barred their employees for being a director in another company.
Yes, private limited company can convert in to LLP or OPC after complying certain procedures specified by law.