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PRIVATE COMPANY; COMPANY

REGISTER A PRIVATE LIMITED COMPANY AT REASONABLE

AFFORDABLE COST STARTING AT JUST Rs. 6499/-

Private Company means a Company which is relatively held by small group of people. It has minimum number of 2 shareholders and maximum of upto 200 shareholders.. Any natural person or even Companies including Foreign Companies could be shareholders in a Private Company. It must have a minimum of 2 Directors and can have maximum 15 Directors apart from exceptional cases, who must be over 18 years and a natural person. Any person holding citizenship in foreign country can also become a Director in Indian Company. The aspect which makes the Private Limited Companies most attractive vehicle to start your business is that there is no minimum capital or funding requirement to incorporate a Company hence the young entrepreneurs with a low budget to infuse in their business idea are all covered by this business vehicle.

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Verification

Private Companies have certain benefits

  1. Limited Liability of Shareholders
  2. Easy Formation
  3. No minimum capital requirements
  4. Less Legal Formalities due to lot of exemptions given under Companies Act
  5. Certain Tax benefits
  6. Unlimited Existence
  7. Ease of doing business
  8. Separate legal Entity
  9. Easy to raise funds from banks or Financial Institutions

Package Inclusion

  1. Name availability guidance and its approval
  2. DIN and DSC for 2 Directors
  3. COI, MOA and AOA
  4. PAN and TAN of Company
  5. GST Registration
  6. ROC Fees and Stamp Paper Fees

PROCEDURE FOR COMPANY REGISTRATION

  1. Fill our online form: You have to fill a simple form provided by our team member requiring all the information related to company registration
  2. Submission of Documents: You need to submit all the requisite documents for initiating the process of company registration
  3. Get name approval certificate: You will get Name approval certificate within 2 3 working days from the date of providing all the requisite documents and information
  4. Drafting of Documents: Our team member will draft all the required legal documents and provide to you for signatures of respective persons
  5. Submission of Documents: Once documents are signed by you, we will apply your application of company registration on your behalf.
  1. Approval by respective department: Once the department is satisfied that all the documents are correct and information is true, it will approve your application or may ask for any other information (if required).
  2. Your Company is incorporated: Once your company is approved by department, we will share you all the documents and proof stating that your company has been registered.

The information and documents required for incorporating the Private Company are as follows:

  1. Name of the Proposed Company along with its business activity in brief.
  2. Self-Attested copy of PAN Card (only in case of Indian Director and Shareholder).
  3. Self-Attested copy of Identity Card (Election Card / Passport / Driving Licence / Aadhaar Card) (In case of Foreign Shareholder only Passport will be valid proof of Identity).
  4. Latest Address Proof (Bank Statement / Mobile Bill / Telephone Bill / Electricity Bill).
  5. Photo, Email Id and Mobile Number of all the Directors and promoters of the proposed Company.
  6. Complete address of Registered Office including Latest Electricity Bill for the same and rent agreement if premises are rented.

FREQUENTLY ASKED QUESTIONS (FAQS)

What are the minimum number of directors and promoters required to start a Private Limited??

Minimum of 2 Directors and 2 Promoters are required to start a Private Limited. Further, Directors and promoters can also be a same person.

 

What is difference between authorized capital and paid up capital??

Authorized Capital means maximum funds that can be raised by Company in the form of capital by a Company. On the other hand, paid up capital means funds that have already raised by the Company in the form of capital.

Who can apply for copyright registration??

Any individual or business entity can apply for copyright registration provided that individual or business entity should apply for copyright fororiginal work of an ARTIST, OWNER, PUBLISHER, COMPOSER, PRODUCER OR AUTHOR.

Is there any limit on minimum amount of authorized capital or paid up capital??

No there is no limit on minimum amount of authorized capital or paid up capital. A company can be started with any amount of capital.

How could I check about the availability of name??

Our team will help you about the availability of name and chances of getting the name suggested by you. Further, we can also suggest you some name according to client requirement.

Can a person residing outside become a Director in Private Limited??

Yes, a person residing outside India can become a Director in Private Limited provided his documents must be duly apostilled and atleast one of the Director in that Company should be an Indian resident.

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How much time is required to register a Private Limited??

A private Limited are usually registered by ePRO EXPRESS in 10-15 working days subject to ROC processing time and submission of documents and information by client.

Is it required to hold a virtual physical office for Private Limited??

Yes, it is necessary to hold a physical office for Private Limited provided as all the official documents are sent by department on the same. Also, the registered office can also be your residential address provided that proper set up should be there.

Do I need to affix Board outside the registered office??

Yes you need to affix Board containing Name of the Company, CIN, Registered Office address, Email ID and Mobile Number of authorized person of Company so that if any person from the department visits your office then no cause of action could be taken by him. Our team will help you in designing the Board while ensuring all the legal compliances.

How long does the Private Limited exist??

The life of Private Limited is unlimited and it has perpetual succession hence the Company may keep on running normally irrespective of changes in Directorships orunless a closure application is made by Company or it is closed by the order of court or ROC.

My business is medium sized, can I apply for Private Limited registration as per my business type??

Yes, Private Limited is best form of setting up a business of small or medium sized.

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