Private Limited Company Registration | Private Limited Company Incorporation | Private Limited Company Formation | Simple and Easy way to Register a Company with Raag Consultants
Private Limited Company Registration Package Includes: ✓DSC ✓DIN ✓Name Approval ✓COI ✓MOA ✓AOA ✓PAN ✓TAN ✓Bank A/c Opening ✓GST Registration ✓MSME Registration and many more.
Private Limited Company Registration Cost Starts from Rs. 9,599 + 18% GST (Only Professional Fees)
Total Company Registration Time : 3-5 Days
What is Private Limited Company Registration | Private Limited Company Incorporation | Private Limited Company Formation
If you need to begin a enterprise in India, then the preliminary step is to check in a agency. Private Limited Company Registration or Private Limited Company Incorporation or Private Limited Company Formation is the simple essence or preliminary process which each businessmen ought to follow. There are more than one sort of Private Limited Company formation like OPC Private Limited Company Registration, Pvt. Ltd. Private Limited Company, Pubic Ltd. Companies and LLP Registration however the maximum famous sort of formation of Private Limited Company Name Registration / to shape a agency / to setup a agency is Private Limited Private Limited Company Registration. To check in non-public constrained agency, there's a minimal requirement of administrators and the paid up capital. The primary advantage to check in a agency on-line is that the legal responsibility of the administrators is constrained and therefore, the lenders can best declare their quantity from Private Limited Company’s belongings and now no longer director’s private belongings. If a non-resident character desires to begin a agency in India, then he/she will do Private Limited Company Registration and he also can be the director of the Private Limited Company. If you need to begin a agency in India then make certain your agency is registered as Private Limited Company Registration must be your first precedence beneathneath Ministry of Corporate Affairs ( MCA ).
Raag Consultants will help you in Private Limited Company Registration Delhi, Private Limited Company Incorporation Mumbai, Private Limited Company Name Registration Chennai, Online Private Limited Company Registration Kolkata, Jaipur and different Indian metro in addition to non-metro cities. We will assist you with agency formation process and new agency incorporation process. All the agency incorporation process and required agency registration files may be given to you through our experts.
Benefits to Register a Private Limited Company or Form a Private Limited Company
Easy Fund Raising
Private Limited Company registration method is itself construct a platform of accept as true with for the marketplace which makes fundraising from outside marketplace easier. The agency itself have the diverse opportunity to elevate price range withinside the shape of personal equity, Employee Stock Option Plan(ESOP), and more.
Management and Ownership Separation
One of the vital gain of Private Limited Company Registration is there's separation among possession and control which assist both, the business enterprise and the control to paintings successfully for the Private Limited Company's objectives. The shareholders assign obligation to function and run the business enterprise with out dropping manipulate withinside the shape of voting.
Separate Legal Existence
Once the Private Limited Company registration in India is done, a felony entity is born in eyes of law. This separates itself from its proprietors and managers. The business enterprise can function on its very own call actually with the aid of using commencing a financial institution account to very own property and input into agreement with events. This additionally gives proper to sue 0.33 events in case of any defaults.
Owners’ Limited Liability
The Liability of the shareholders or the proprietor of the business enterprise is restricted upto the shareholding withinside the business enterprise. The lenders can not sure the shareholders to pay the statutory and different liabilities of the business enterprise from their private property.
After Private Limited Company Registration, a business enterprise has it very own felony life withinside the marketplace and having ‘perpetual succession’, this is keep or uninterrupted life till it's far legally dissolved. A business enterprise, being a separate felony character, is unaffected with the aid of using the dying or cessation of any member however is still in life regardless of the adjustments in membership
Transferability of Shares
The possession of a personal restricted business enterprise is decided with the aid of using the range of stocks held with the aid of using its shareholders. Shares of a business enterprise may be transferred to every other character or felony entity in India or abroad, concern to the articles of affiliation of a business enterprise and the shareholders agreement. The clean transferability of stocks is one of the pinnacle reason, Entrepreneurs prefer to check in a business enterprise.
Different Types of Company Registration / Company Formation:
1) Private Limited Company Registration:
This shape of Company Registration is good for the commercial enterprise who's watching for excessive annual Sales and for the marketers who's searching for outside supply of funding. Under Private Limited Company, minimal numbers of individuals required to shape a agency. Under this Company formation, the necessary compliances associated with MCA, GST, Income tax is excessive in comparison to different kind of formations. Private Limited Company offers the easy and clean platform to elevate the capital withinside the agency. Private Limited Company formation also can gives ESOP to their employees.
2) Public Limited Company Registration:
This shape of Company Registration is good for the commercial enterprise who's watching for excessive annual Sales and for the marketers who's searching for capital from individuals in addition to from widespread public. Under Private Limited Company, minimal 5 numbers of individuals required to shape a agency. Under this Company formation, the necessary compliances associated with MCA, GST, Income tax may be very excessive in comparison to different kind of formations. Public Limited Company offers the easy and clean platform to elevate the capital withinside the agency. Public Limited Company formation also can gives ESOP to their employees.
3) Limited Liability Partnership LLP Company Registration:
This shape of Company formation is good for the Service agencies and additionally best for the agencies who want decrease funding to begin a commercial enterprise. Under Limited Liability Partnership firm, minimal numbers of companions required to shape a llp. Under this Company formation, the necessary compliances associated with MCA, GST, Income tax is much less in comparison to Private Limited Company Registration. Raising of Contribution is little bit hard in comparison to Private Limited Company. LLP Company formation can't provide ESOP to their employees.
4) One Person OPC Company Registration:
This shape of Company Registration is good for the owner commercial enterprise who's watching for criminal shape of the entity and restrict their legal responsibility and still have whole manipulate over the agency. Under this Private Limited Company, minimal one numbers of individuals required to shape a agency and one nominee required to shape a Company. Under this Company formation, the necessary compliances associated with MCA, GST, Income tax may be very much less in comparison to different kind of formations. This Private Limited Company offers hard platform to elevate the capital withinside the agency. Private Limited Company formation can't provide ESOP to their employees.
Different Packages for Different Company Registration Formation
Required Documents for Private Limited Company Registration:
Passport Size picture of directors
Copy of PAN Card of directors
Copy of Aadhaar Card/ Voter identification card of directors
Electricity/ Water bill (Business Place)
Copy of Property papers(If owned property)
Copy of Rent agreement (If rented property)
Checklist for Private Limited Company Registration in India
According to the regulation withinside the Company Act, 2013 so as for any agency to be registered in India, the under situations need to be met.
Minimum Two Directors:
A personal constrained agency ought to have as a minimum administrators and at most, there may be 15. Of the administrators withinside the enterprise, as a minimum one ought to be a resident of India.
Register your Company Name:
The call of your enterprise ought to be unique. The recommended call need to now no longer healthy with any current agencies or logos in India.
Minimum Capital Contribution:
There isn't anyt any minimal capital quantity for a agency. A agency need to have a licensed capital of as a minimum Rs. 1 lakh.
The registered workplace of a agency does now no longer need to be a industrial space. Even a rented domestic may be the registered workplace, as long as an NoC is received from the landlord.
How to do Online Private Limited Company Registration | Private Limited Company Formation | Private Limited Company Incorporation? - A exact corporation registration procedure
Private Limited Company Registration might be greater useful for startups in India due to the fact the authorities presents many felony compliance reliefs to the brand new startups to inspire them to do commercial enterprise in India. The MCA (Ministry of Corporate Affairs) regulates the corporation registration method with guidelines and rules framed according with the law. Following are the exact steps for Private Limited Company Registration:
Step 1: Prepare and apply for Digital Signature Certificate for each directors.
Step 2: Prepare and get apply the Director Identification Number for every directors
Step 3: Application for the call availability.
Step 4: Filing of the E-MoA and E-AoA to sign up non-public constrained corporation
Step 5: Prepare application and apply for the PAN and TAN of the Company
Step 6: Issued certificates of incorporation with the aid of using ROC with PAN and TAN
Step 7: Opening a present day financial institution account on corporation call
Register your Private Limited Company Name before Private Limited Company Registration
One of fundamental and preliminary step withinside the method of Private Limited Company Registration is to test the provision of the corporation call. There is a facility given with the aid of using the Ministry of Corporate Affairs to test the resemblance with the agencies already registered withinside the MCA database and additionally take a look at whether or not the corporation call is resemble with any trademark or now no longer with the aid of using looking in Intellectual Property Rights database.
We endorse the organizations to give you 3 to 4 opportunity names at some point of the approval level of Private Limited Company Registration. The Ministry of Corporate Affairs might be the very last authority to approve the call primarily based totally at the availability guidelines and rules.
If you're dissatisfied that a desired call is taken, do keep in mind that the call of your corporation would not ought to be your logo call. However, if you'll trademark your logo call, additionally take a look at if it has already been trademarked at http://www.ipindia.gov.in/. If it's been trademarked, you will want a no-objection certificates from its proprietor to have it authorised as your corporation's call.
Mandatory Compliances after Private Limited Company Registration | Private Limited Company Formation
All groups registered in India are required to keep compliance below numerous regulations. Failure to keep compliance can result in penalty or disqualification of the administrators.
Raag Consultants will let you with accounting and preserving of statutory compliances for the corporation at a completely low priced fee point.
Some of the vital compliances for groups registered in India are given to the right. Please word that extra paperwork can also be relevant as in line with authorities notification.
Other than those obligatory compliances, there are others that want to be achieved relying at the corporation’s timeline. Raag Consultants additionally assists in growing permitted capital, converting registered office, alternate in administrators and others.
Following are a number of the necessary preliminary compliances which each corporation must comply to keep away from heavy penalities and strike off of the groups call from ROC registrar:
Statutory Auditor appointment:
30 days of Incorporation
The board of administrators should hire a practicing Chartered Accountant inside 30 days of incorporation.
Commencement of Business:
a hundred and eighty days of Incorporation
The capital stated withinside the MOA [Memorandum of Association] should be deposited in a financial institution and graduation certificates should be received from MCA.
Income Tax Filing:
thirtieth September of every year
Companies registered in India should record earnings tax go back every 12 months in Form ITR-6.
thirty first October of every year
Companies registered in India should record MCA annual go back every 12 months in paperwork AOC-four and MGT-7.
thirtieth April of every year
The DIN KYC manner should be finished every 12 months for the administrators of the corporation.
Private Limited Company Registration Filing Form - Manual to New Web-primarily based totally SPICe + Form
SPICe Plus serves many necessities like call reservation, incorporation, DIN allotment, difficulty of PAN, TAN, EPFO, ESIC, Profession Tax (Maharashtra) and Opening of Bank Account. Moreover, one also can collect the GSTIN through SPICe + form.
Name Reservation (Applicable to New Companies most effective)
Company Incorporation Forms
Application for DIN
Opening of Bank Account for the Company
Profession Tax Registration (most effective for Maharashtra)
Documents required for Online Company Registration in India thru filing the SPICe+ form
The Articles of Association
Memorandum of Association
Declaration via way of means of the subscribers and via way of means of the administrators
A affirmation for the deal with of the office
Two months application payments copy
Certificate of incorporation of the Outer Country frame corporate [If applicable]
A decision handed via way of means of the worldwide Company [If applicable]
A advice declared via way of means of the promotional Company [If applicable]
The hobby of the administrators from different entities [If applicable]
Identity evidence and home deal with of the subscribers and the nominees
Identity evidence and home deal with of Applicants
The Declaration/Resolution of the unregistered companies
DSC(Digital Signature Certificate)
Any different document [If required]
Proof of major area of business
Evidence of appointment of Authorized Signatory for GSTIN
Either of the documents– Letter of Authorization/Copy of Resolution handed via way of means of BOD
Managing Committee and Acceptance Letter
Proof of identification of Authorized Signatory for the hole of a financial institution account
Proof of deal with of Authorized Signatory for the hole of a financial institution account
Specimen Signature of Authorized Signatory for EPFO
The statement in form 'INC-9' of the subscribers and the administrators should get auto-generated in PDF layout and provided electronically. The aspirant has to offer the advice in conjunction with a certification advocated via way of means of a professional, together with Company Secretary, Chartered Accountant and Cost Accountant.
List of help in order to be supplied via way of means of the Online Company Incorporation Form i.e SPICe+ form:
Director Identification Number (DIN) Allotment
Incorporation of Company
PAN Issuance for the Company
Issue of TAN
Registration of Company as an Employer with EPFO
ESIC Registration for the Company
Profession Tax Registration for the State of Maharashtra
Bank Account Opening.
Company Registration as Tax Payer in GST
Register your Company Name before Company Registration
Frequently Asked Questions
Q. What are the situations to include a Private Limited Company?
A. The situations of Company Registration or for the incorporation of a non-public confined agency are that:
The variety of contributors have to be among 2-200.
There have to be as a minimum administrators and shareholders
Each director have to have a Directors Identification Number (DIN)
PAN card reproduction of administrators/shareholders. Passport reproduction for NRI subscribers.
Q. Can Company Registration be carried out on residential deal with?
A. Yes. The agency desires to offer deal with evidence for incorporation. But the Ministry of Corporate Affairs (MCA) lets in a residential deal with for use because the agency’s registered deal with. Thus any deal with may be supplied because the registered deal with.
Q. What are MOA and AOA?
A. Memorandum of Association (MOA) is described below phase 2(56) of the Companies Act 2013. It is the inspiration on which the agency is built. It defines the constitution, powers and gadgets of the agency.
The Articles of Association (AOA) is described below phase 2(5) of the Companies Act. It information all of the guidelines and rules referring to the control of the agency.
Q. What are the attachments to Form 8?
A. The following files have to be connected with Form 8:
Disclosure below Micro, Small and Medium Enterprises (MSME) Development Act, 2006 is a obligatory attachment.
Statement of contingent liabilities to be connected in case any contingent legal responsibility exists.
Any different applicable records may be supplied as an elective attachment.
Q. How is SPICe+ extraordinary from INC 29?
A. SPICe+ could be very just like INC 29, which turned into getting used to include companies. Both bureaucracy quicken the procedure of incorporating the agency. However, the good sized distinction among the 2 bureaucracy is that withinside the new SPICe+, there's a provision for getting into call approval that turned into already acquired with the aid of using the applicant, while withinside the shape INC 29, there has been no provision for getting into a formerly acquired call approval main to probabilities for submission and rejection.
Q. Is there a restrict at the variety of administrators which can use the SPICe+ for acquiring DIN?
A. For the incorporation of the agency, a most of 3 administrators can use the incorporated shape for submitting utility for allotment of DIN.
Q. Are PAN and AADHAR obligatory?
A. No. The Companies (Incorporation) Third Amendment Rules dated twenty seventh July 2016 has comfortable the required attachment of evidence of identification and house in appreciate of a subscriber having a legitimate DIN.
Q. Is it obligatory to document eMOA and AOA in conjunction with SPICe+?
A. Yes it's miles obligatory to document eMOA and eAOA withinside the following instance
person subscribers are Indian nationals
If people subscribers are overseas nationals, then they have got a legitimate DIN and DSC and additionally put up evidence of a legitimate enterprise visa
non-person subscribers primarily based totally in India
Q. In what instances are bodily copies of MOA and AOA required to be signed and connected?
A. Physical copies are had to be signed and connected in case non- person first subscribers are primarily based totally out of India, or person overseas subscribers do now no longer keep a enterprise visa. It is to be mentioned that If bodily MOA and AOA are filed, then there's no want to connect eMOA and eAOA.
Q. How are PAN and TAN communicated to the consumer as soon as SPICe+ is accepted?
A. On attractiveness of SPICe bureaucracy, the Certificate of Incorporation (COI) can be issued with legitimate PAN and TAN as allocated with the aid of using the Income Tax department. An e mail with the COI as an attachment in conjunction with PAN and TAN can be despatched to the applicant. PAN and TAN withinside the e mail can be held legitimate because the requirement for a laminated card for PAN has been carried out away with.