Private Limited Company Registration

Registration process

  • Name Selection and Approval
  • Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN)
  • Preparation of Documents
  • Submission and Approval

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Checklist

Documents Required

ID Proof Scanned copy of PAN Card of all directors and Voter ID or Passport or Driving License.
Address Proof Latest Month Bank statement (Each directors)
Photo Latest passport size photograph
Registered Office Proof No Objection Certificate (NOC) from the owner, Rental agreement and EB Bill

Service

What's included

DSC: Digital signature for two directors to digitally sign the documents

Memorandum of Association: Defines the rules and objective of the business.

Articles of Association: Defines the rules and objective of the business.

Company PAN (soft copy): PAN number of the company to open a bank account.

Incorporation Certificate: Certificate of incorporation bearing company's registration number and details.

Company TAN (soft copy): TAN number of the company.

GST Certificate: GSTIN number and Certificate for your company.

Introduction

Registering a private limited company in India involves a systematic process that requires meticulous planning and adherence to the guidelines set by the Ministry of Corporate Affairs (MCA). Below is a step-by-step guide to navigate through the registration process seamlessly.

Name Selection and Approval

The first and foremost step is to decide on a unique name for your company. The proposed name should reflect your company's objectives and must not resemble any existing company or trademark. Once you have decided on the name, you need to submit an application to the MCA for approval. If the name is deemed acceptable, the MCA will issue an approval letter. It's important to note that the approved name is valid for 20 days, within which you should proceed to the next steps.

Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN)

Before drafting the necessary documents, each director of the company must obtain a Digital Signature Certificate (DSC) and a Director Identification Number (DIN). DSC is a secure digital key issued by certified authorities that ensures the authenticity of the documents submitted electronically. DIN is a unique identification number allotted by the MCA to each individual intending to be a director in a company.

Preparation of Documents

With DSC and DIN obtained, the next step involves preparing the foundational documents for your company. This includes:

SPICe Form: An application for incorporation.

  • Articles of Association (MOA): A legal document that outlines the constitution and objectives of the company.
  • Articles of Association (AOA): A document that specifies the regulations for the company's operations.
  • INC-9: A declaration by the first subscribers and directors.
  • DIR-2: Consent to act as a director of the company.
  • Ensure that these documents are accurately prepared and duly signed by the respective directors. The directors' DSC and that of a Chartered Accountant (CA), Company Secretary (CS), or a Cost and Management Accountant (CMA) must be affixed to the documents where required.

Submission and Approval

Upon completion of the documents, submit them to the MCA through their online portal. The processing time is approximately 20 days, during which the MCA will review your application and documents. If all the submitted information meets the compliance requirements, your company will be registered, and you will receive the Certificate of Incorporation. This certificate is conclusive evidence of the existence of your company.

FAQ:

A Private Limited Company is a business entity held by a small group of shareholders. It offers limited liability to its owners and restricts the ownership by limiting the number of shareholders to 200.
Begin by selecting a unique company name that reflects your business and is not similar to any existing company or trademark. Then, apply for approval from the Ministry of Corporate Affairs (MCA).
You'll need a Digital Signature Certificate (DSC), Director Identification Number (DIN), Memorandum of Association (MOA), Articles of Association (AOA), SPICe Form, INC-9, and DIR-2 among others.

How long does the registration process take?

The registration process typically takes around 20 days from the submission of all necessary documents and forms to the MCA.
Registration offers numerous benefits, including liability protection, enhanced credibility, easier access to capital, and the potential for growth and expansion.
A minimum of two directors and two shareholders are required, with a maximum of 15 directors and 200 shareholders.
Authorized share capital is the maximum amount of capital a company can issue to its shareholders, whereas paid-up capital is the actual amount invested by the shareholders.
No, a Private Limited Company cannot issue shares to the public or invite them to subscribe to its shares.
Yes, a company must have a registered office which can be a commercial space or even a rented home, as long as the landlord provides a No Objection Certificate (NOC).
Post-registration, the company must appoint an auditor, complete the DIN KYC, file annual returns with the MCA, and comply with income tax filing requirements.

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