Private Limited Company

Private Limited Company

Begin your dream company today.

 

When you use FirstFiling, forming a private limited company is simple. You may quickly register your startup firm from the comfort of your own home. Our professional team will assist you in registering your business anywhere in India. We will provide assistance with documentation, preparation, filing, and following ROC follow-up.

PLANS STARTING FROM ₹7,299

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    Private Limited Company Registration

    To register a company in India, you must first determine your eligibility and obtain the necessary paperwork, after which you must learn the step-by-step procedure for forming a private limited company in India. In India, the most common type of business for startups is a company. The principle of limited liability to its stockholders is the most essential benefit. Banks, financial institutions, and angel investors typically invest in company-based businesses. As a result, we strongly urge that you register your new firm as a corporation. Foreign Direct Investment is also permitted under the Automatic Route, with no need for prior approval.

    Registration Requirements for a Private Limited Company

    Unique Name

    The proposed company name should not be confusingly similar to an existing corporation or limited liability partnership (LLP). You should also check the trademark registration to make sure the name doesn’t conflict with any existing or pending trademarks in India.

    Minimum Two Persons

    To register a business in India, you’ll need at least two people to act as the firm’s directors/shareholders. The firm can have up to 15 directors and a maximum of 200 shareholders.

    Resident Director

    One of the company’s directors must be based in India. Regardless of citizenship, a person is considered a resident if he or she has spent at least 182 days in India during the previous fiscal year. The duration of the stay can be divided into phases.

    Capital Requirement

    Invest according to your business’s needs; there is no set amount of capital that must be kept in the company. The government charge for company registration, on the other hand, is based on the capital.

    Procedure for Registering a Company

    Because the Company Incorporation application is submitted online, the process begins with the issue of class two digital signatures.

    Documents Required

    • Two Color Photographs of Promoters
    • PAN Card of each Promoter
    • Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
    • Identity Proof (Voter ID / Driving License / Passport)
    • Proof of Registered Office
    • Utility Bill as Proof must be latest
    • NOC from the Owner of the Premises

    Need any further assistance with business compliances and filings?

    The cost of forming a Private Limited Company

    Pay as you go to get better pricing.

    No Hidden Fees – All-Inclusive Pricing

    Basic
    7,299.00 /

    • Digital Signature
    • RUN Form
    • Stamp Duty (up to 1 lac)
    • PAN & TAN Fees
    • GST Registration
    • Business Commencement Certificate (INC 20A)
    • Bank Account Opening Support
    • Issue of Share Certificate to Promoters
    • GST Return for 6 months
    • MIS Reports
    • Auditor Appointment within 30 days of Incorporation

    Standard
    8,999.00 /

    • Digital Signature
    • RUN Form
    • Stamp Duty (up to 1 lac)
    • PAN & TAN Fees
    • GST Registration
    • Business Commencement Certificate (INC 20A)
    • Bank Account Opening Support
    • Issue of Share Certificate to Promoters
    • GST Return for 6 months
    • MIS Reports
    • Auditor Appointment within 30 days of Incorporation

    Premium
    16,999.00 /

    • Digital Signature
    • RUN Form
    • Stamp Duty (up to 1 lac)
    • PAN & TAN Fees
    • GST Registration
    • Business Commencement Certificate (INC 20A)
    • Bank Account Opening Support
    • Issue of Share Certificate to Promoters
    • GST Return for 6 months
    • MIS Reports
    • Auditor Appointment within 30 days of Incorporation

    Frequently Asked Questions

    For incorporation of a company under the companies act 2013, anyone from the below list of the document is accepted as Identity Proof.

    • Passport
    • Driving License
    • Voter ID Card

    For the incorporation of a company in India, you can present any document from the list below as evidence of address. The director’s or shareholder’s address proof paper should be no more than two months old.

    For company incorporation following are the forms on which promoters need to sign, All the forms need to be printed on plain A-4 size paper. The sign with a blue ink pen.

    • DIR-2, Consent from all the director
    • Declaration of Promoter – Non-Deposit
    • INC-9 A Declaration under Companies Act 2013
    • Subscriber Sheet of MOA & AOA

    Every company must have a registered address. The following is a list of documents that can be used as verification of the location of the company’s registered office. The proof of the premises should be no more than two months old.

    • Electricity Bill
    • Gas Bill
    • Telephone Bill
    • Mobile Bill
    • NOC from the owner

    Yes, for a corporation with foreign shareholding, the entire process and documentation are different. Foreign Direct Investment (FDI) cases are handled by a separate team. For additional information on FDI or how a foreign corporation can open an office or company in India, go to the relevant page.

    • Company Incorporation in India with Foreign Individual (s)
    • Incorporate Company as a subsidiary of a Foreign Corporation
    • Branch office Registration of a Foreign Company/Entity
    • Liasion Office Registration of a Foreign Company/ Entity
    • Project Office Establishment for a Foreign Company

    Limited liability means that the company’s owners or shareholders are not personally liable for the company’s debts. They are only liable for the unpaid shares of the company’s capital. To be eligible, the shareholder must follow all rules and pay all taxes on time.

    Apart from the concept of Limited Liability as explained above a company have the following significant features

    • The company will continue to exist, no matter how many directors, officers, and shareholders join or leave.
    • A Company can Sue and be Sued in its name.
    • A legal entity like a company has a separate identity from its owners or shareholders.
    • Not only do the companies receive financial assistance from banks and financial institutions but also enjoy the advantage of borrowing funds.
    • Like a person a private limited company can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its name.
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