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Why Should You Register a Private Limited Company?

Fast, simple registration for Pvt Ltd, LLP, and OPC.

Limited Liability of Shareholders

By registering as a PLC in India, owners can limit their liabilities to their capital contribution commitment. Their personal assets are protected from any major loss or debt in the business, unlike Partnership and Proprietorship firms.

Separate Legal Existence

The company enjoys a separate legal existence from the owners. It can enter into contracts, own assets, and sue the third parties in its own name. As a distinct entity, it has a perpetual existence even beyond the lifetime of the members.

Clarity in Management and Ownership

While the shareholders are the owners of the business, the management decisions are made by the directors of the company. This helps the business to benefit from professional management without diluting ownership for the promoters and shareholders.

Ease in Raising Funds

Being a highly compliant structure, banks prefer to issue loans to Companies and LLPs. Pvt Ltd Company offers key advantages like the ease in ownership transfer and limited liability protection for owners. Investors like Venture Capitalists, Private Equity Firms, and HNIs choose to invest in private limited companies.

Proof of Address

Latest Electricity Bill & Noc From Building Owner

Photographs

Latest passport size photographs of all the Shareholders and Directors

Aadhr Card/Either Voter ID/Passport, or Driving License of the Shareholders and Directors.

Identity Proof

Both PAN and Aadhaar Card of all Indian Shareholders and Directors

PAN and Aadhaar Card

Documents Required

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Private Limited Company

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I was worried about documentation and approvals, but they took care of everything. Their guidance was accurate and professional, and I felt confident throughout the process.

Vijay Saxena

The entire company registration process was handled smoothly from start to finish. The team explained everything clearly and completed the work on time. Highly recommended for anyone starting a business.

Sujatha niveditha

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Frequently asked questions

What is the minimum Requirement for Company Registration?

1. Minimum two directors and shareholders. One shareholder and director must be an Indian citizen and resident

2. A valid Registered Office Address for the business

3. Documents for shareholders and directors in a clear and legible format

4. Name of the company as per the MCA guidelines

5. Minimum authorized and paid-up capital

What is the minimum Capital Requirement to Start a Company?

There is no minimum Paid-up capital requirement to start a Private Limited Company. However, per the Companies Act, a company needs to keep a minimum Authorised Capital of ₹1 Lac divided into 10,000 equity shares with a face value of ₹ 10 each. Each shareholder must subscribe to at least 1 share to introduce a sufficient amount for running the business. The paid-up capital needs to be deposited in the Current Account of the company as Share Capital.

What are Authorized Paid up - Capital ?

Authorized capital is the maximum amount of capital that a company can raise by issuing shares at present or in the future. Authorized capital can be increased later as well if the company wishes to raise funds through the issue of fresh equity. Stamp duty for company registration is paid on the authorized capital.

Whereas, the Paid-up Capital refers to the actual amount paid by the shareholders for issuing shares. One can incorporate a company in India by any amount of paid-up capital which can be less or equal to the authorized capital.

What is the Director Identification Number ( DIN)?

Director Identification Number (DIN) is a unique number assigned by the Ministry of Corporate Affairs (MCA). It is issued to Individuals who want to elect as directors in a company or a designated partner in an LLP. There is only single DIN issued to an individual. DIN can be surrendered at any time with the help of filing appropriate forms with MCA. All DIN holders need to comply with DIR 3 KYC filing for DIN Activation process every year.

What is a Digital Signature (DSC) Certificate who need to obrain it ?

Digital Signature Certificate (DSC) is a token issued by the Certified Authorities. A DSC is an eSignature used for filing forms with MCA by the directors, promoters, and shareholders. All the directors and the subscribers to MOA (promoters of the company) need DSC for submitting e-forms for incorporation. Director’s DSC is also used while filing GSTR, ITR, and ROC forms.

Can i use my Residential address as Company's Registered Office address?

Yes, you can use your residential address to register a Private Limited Company. Either the latest Utility Bill (Electricity, Telephone, Gas, and Water) or Property Tax Bill of the address can be provided as a Business Address proof. In case the property is owned by another family member, you need to attach an NOC in the form. A registered office is a place where the business receives communication from the MCA and other concerned authorities. This address is displayed on the portal of the Ministry as well.

Also, the residential address used for commercial purposes may attract property tax applicable to commercial properties.

Can a Private Ltd Co Carry Multiple Businesses ?

Yes, a Private Company can carry multiple businesses within the same field or of similar nature. It should be mentioned in the company’s MoA and approved by a registrar. Though, companies shall not include Activities that are unrelated. For example, fashion designing and event management are very different business activities, and can’t be categorized as the main business activities for the same company.

What are the Statutory Requirements Post Company Incorporation ?

Once the company is registered, it should fulfill the following requirements on priority:

1. Open a current bank account within 30 days after receiving the PAN card.

2. Appoint First Statutory Auditor for the company.

3. Deposit paid-up capital as mentioned in the MoA of the company.

4. Issue and allot shares to the subscribers.

5. File INC-20A within 180 days of receipt of COI.