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Registration of Company
Pvt Ltd Company Registration in India – Online Process,
Fees, Documents Required
Private Limited Company is the easiest and most authentic way of company incorporation in India. Most people choose this form of business registration because of its beneficial features like limited liability and separate legal entity for its shareholders and directors. More than 90% of registered companies in India are Private Limited Companies. It is the most popular form of company registration as it provides reputation and credibility to the business in the market. Get to know the proces,fees,and requirements of Private Limited Company registration.
– Documents required for Private Limited Company registration
– Douments you’ll get post incorporation
– Private Limited Company registration fees
– Total time required for registration
– Frequently Asked Questions
What is a Private Limited Company?
A Private Limited Company (Pvt Ltd) is a type of business structure commonly used in India and many other countries.
A Private Limited Company is a type of business entity that a small group of people privately and collectively holds. It is incorporated under the Ministry of Corporate Affairs. This type of business entity offers limited liability for its shareholders, and shares can only be traded privately. It has a minimum of 2 members and a maximum of 200 members. Shareholders are considered as the owners of the company, whereas directors are considered to be the key managerial persons (KMP) of the company, while in an LLP, partners are the owners as well as KMPs of the company.
Incorporating a Private Limited Company is the right choice, as it facilitates taxation benefits, credibility, business expansion, and quicker sanction of business loans. It promotes the easy way for capital formation and pooling of funds through members.
Benefits of Private Limited Company Registration
Registering a private limited company offers several advantages to businesses. Here are some of the key benefits:
1. Improve Credibility:
A private Company improves credibility by being registered as a corporate entity.
2.Attract Funding:
Syndicate both equity and debt funds to have an optimal capital structure.
3.Foreign Investment:
Business may attract foreign direct investment (FDI) under the automatic route.
4. Separate legal Entity:
A private limited company is considered a separate legal entity from its members. This means the company can own property, sue and be sued in its own name. This separation provides a clear distinction between the business and the owners’ personal affairs.
5. Easy Exit Plan:
It has an Exit plan through sale or dilution of equity of the Company
6. Limited Liability:
This is a major perk. In a private limited company, the liability of the members (owners) is limited to the amount of capital they have invested in the company. This means their personal assets like homes and cars are shielded from business debts.
7. Easy Transferability:
Ownership of a business can be easily transferred in a company by transferring shares.
Minimum Requirements of Pvt Ltd Company Registration
Here are the minimum requirements for registering a Private Limited Company (Pvt Ltd) in India:
Minimum 2 Directors
Unique Business Name
At least one director should be the Resident of India
Registered Office Address
Pvt Ltd(Private Limited)
Company Registration Process in Delhi
Step 1: Apply for Digital Signature Certificate
You cannot directly apply for a Digital Signature Certificate (DSC) from the issuing authority in India. Instead, you will need to go through a Licensed Certifying Authority (CA). Here’s how to apply for a DSC:
Register your Private Limited Company Online with Monitrix
Monitrix’s Services: Based on their website, Monitrix offers registration services for various business entities, including private limited companies. Register your company online in 3 easy steps:
Indian Company Registration Process: Registering a private limited company in India typically involves multiple steps, including obtaining Director Identification Numbers (DIN), filing forms with the Ministry of Corporate Affairs (MCA), and submitting various documents. While some steps might be facilitated online, the complete process isn’t always possible online.
Identity and Address Proof of Directors & Shareholders
1. Passport size photographs of the directors
2. Copy of Aadhar Card
3. Copy of Driving License or voter ID
4. Copy of PAN Card
5. Copy of bank Statement of utility bill (not older than two months )
6. Copy of Passport ( in case of foreign national or NRI)
Address proof of Registered office
1. Copy of electricity of any other utility bill ( not older than two months )
2. Rent agreement (if rented)
3. No Objection Certificate (NOC)from the owner of the property
Note: It is not mandatory to own a commercial business premise for incorporation . one can use their home address proof for registration of the company.
Private Limited Company Registration Fees
The total cost of Private Limited Company registration in india , including goverment and professional fees , starts from >> and takes around >>> working days .
Focus on your Business,Let Monitrix Handle the setup.
WE MAKE YOUR COMPANY BRIGHTER
Stablish Business
With Expert Plan
Focus on your Business,Let Monitrix Handle the setup.
Stablish Business
With Expert Plan
What is the time required for registering a company?
On average, it takes around 7-10 working days to register a private limited company in India subject to document verification by MCA.
Why Monitrix Corporate Services
At Monitrix Corporate Services , we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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Frequently Asked Questions (FAQs)
How can I register a private limited company?
What are the documents required for private limited company registration?
Is GST mandatory for private limited companies?
What is the minimum capital requirement for a private limited company?
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