Pvt. Ltd. Company Registration

Here’s how it works

1. Fill Form

Simply fill the above form
to get started.

2. Call to discuss

Our expert will connect with you
& prepare documents.

3. Get certificate

Get your Company
Incorporation certificate

Benefits of private limited company

Ownership

Unlike public companies, the shares of private limited companies are held by the founders, management, or private investors of the company and they are not sold in the open market. Hence, the trade of shares is looked at by the listed entities.

Perpetual succession

The company possesses its existence even in the case of bankruptcy, insolvency, or death of any of its founders. Therefore, it exists endlessly.

Limited liabilities

Members of the private limited company hold limited liabilities as per their share ratio in the company which means the shareholder’s individual properties are safe and secure at the times of bankruptcy or dissolution of the company.

Stock market pressure

Shareholders of a private limited company cannot pressurize the company to increase earnings unless they work within the laws just like a public company, where shareholders are focused on the current earnings.

Minimum share capital

Earlier, a private company was supposed to have a minimum share capital of INR 1Lakh. This requirement has been lifted up and now there is no such minimum compulsion.

Confidential

It is very difficult for public companies to reserve their confidential information such as legal settlements, executive compensation, and other essential information whereas, there are no such confidentiality issues in private companies.

Minimum requirements for private limited company

    Minimum 2 Shareholders

    One of the Directors must be Indian Resident

    DSC for 2 Promoters

    Minimum 2 Directors

    Minimum Authorized Share Capital 100,000/-

    Directors and shareholders can be same

    DIN for all Directors

Documents required for company registration

    Company Name

    Company Object

    All Directors PAN Card

    All Directors Aadhaar Card

    All Directors Voter ID / Driving License

    All Directors Latest Bank Statement

    Latest Electricity Bill (For Address Proof)

    Rent Agreement (If office is Rented)

    All Directors Email ID

    All Directors Mobile Number

    All Directors Photo

What all you get

    DIN for 2 Directors

    MOA + AOA

    Customized Incorporation Master File

    Bank Account Opening Document Support

    Digital Signature Token for 2 Promoters

    Incorporation Certificate

    Company PAN Card

    Domain Name + Web Hosting

    Company Name Approval

    New Incorporation Kit

    Company TAN

    + 10 Email Ids for 1 year

Restrictions upon a Private Limited Company

While running a private limited business concern has its benefits, it also has a few restrictions in its operations. Unlike a Public Limited Company, a Private Limited Company doesn’t have the authority to trade its shares publically. It faces a few restrictions in the transfer and sales of its shares including a prohibition of transfer and sale to the general public. Only the board members and members are allowed to buy, sell, and transfer the shares within themselves. Also, A Private Limited Company can only have a maximum number of 200 shareholders at a point of time working with the company.

Points to remember before starting up a Private Limited Company

Before investing huge capital in the incorporation of a private company, one must put a light at various factors to turn it into a profitable asset rather than a loss-making business.

Strategy and Structure

An innovative strategy and a well-planned structure are the key metrics to a fruitful business. It is the internal structure and business plan of an organization that decides the outcomes of investment. A strategy that is designed per the market requirement and consumer needs have a higher probability of yielding economical and profitable results.

Division of Ownership

The division of ownership comes with a pool of advantages such as shared capital contribution and many more. But a division might also carry numerous disputes along with it. Working on a mutual business plan also means working on mutual ideasand hence, taking mutual decisions. Also, the company would have two shareholders even if the share of one among them is a negligible one.

Mandatory Compliances

One must keep in mind the mandatory compliances like the company’s annual filing, annual meetings, and audits have to be conducted and also informed to the Ministry of Corporate Affairs every financial year for running the business smoothly. All these services consume much time and energy along with a fee that adds to the expenditures of business account every year.

Miscellaneous Compliances

Any changes made by the dominant director, for instance, appointing or removing a director, changing office address, etc. has to be done in guidance with the Ministry of Corporate Affairs. All these services again needtime, energy, and investment that cannot be neglected.

Unavoidable Costs

One wishing to set up a PLC must have an idea about the unavoidable costs included in operating the business concern such as the registration fee, DISC fee, and stamp duty, etc.

Funding and Marketing

A company without good funding and marketing management may not yield the required and profitable results for so long. The directors should have a backup fund strategy for business investments even in uneconomical circumstances. Additionally, a good marketing strategy will result in better production, consumption, and gained profits.