Private Limited Company Registration

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.

sTARTS at just
Rs. 8,774
Best for Start-Ups and Growing Companies *Free Director KYC and Company KYC for 1st Year
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Getting Started

LIST OF DOCUMENTS FOR REGISTRATION

Id Proof

Passport Size Photo

Address Proof

Company Address Proof

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FAQS

  • 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, Authorized Capital & Paid-Up Capital can be increased anytime after incorporation.

Yes, Incorporating a company through Simplified Proforma for Incorporating Company electronically (SPICe -INC-32), with eMoA (INC-33), eAOA (INC-34), is the default option and most companies are required to be incorporated through SPICe only.

Any foreign company can establish its place of business in India by filing eForm FC-1 (Information to be filed by foreign company.