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Private Limited Company Registration

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Private Limited Company Registration

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Overview

A Private Limited Company is a type of business entity in India that is privately owned and closely held, having  separate legal entity from its shareholders.The shareholders have limited personal financial risk in case of company's debt or liabilities.

Minimum 2 and Maximum 200 shareholders are allowed, and the shares of the company are not publicly traded. The management of a private limited company is done by a Board of Directors and it is required to comply with the regulations and laws set by the Indian government.

These companies are suitable for small and medium-sized businesses, as it offers a high level of flexibility and ease in operations.

Basic Requirements

01

New & Unique Name

It is of the utmost importance to select a distinct and unique Name for the company

02

Minimum Two Person
  • At least 2 person required to act as the initial shareholder & director.
  • Atleast one of the director must be an Indian Resident.

03

Registered Address

Company Premises can either be owned or rented.

04

Capital Requirement

Minimum capital introduction is a necessary perquiste for company incorporation

Documents Requirements

Required in Soft Copy Only

Documents of Directors

  • PAN & AadharCard
  • Other ID Proof [Driving license, Voter Id or Passport ]
  • Address Proof Bank Statement or Utility Bills - [E.g.- Electricity Bill / Water Bill / Property Tax]
  • Colour Photo
  • Email id and Mobile Number
Required in Soft Copy Only

Business Address Proof

  • If Premises is Owned :- Sale Deed/Electricity Bill/ Property Tax
  • If Premises is Rented :- Rent Agreement or Electricity bill along with NOC from Owner of the premises
    ( Formate will be provided )

Advantages

Separate Legal Entity

A Pvt. Ltd. Co. is a separate legal entity from its shareholders, which means it can enter into contracts and own assets in its own name.

Limited liability of Shareholders

Since company is a separate entity, the liabilty of shareholders is restricted to the subscribed
Share Capital.

Perpetual Succession

It has a perpetual succession, meaning it continues to exist regardless of changes in shareholders or directors.

Fund Raising

Public access of the companies details on the MCA portal, makes company transparent and reliable for fund raising

Professional Management

A Pvt Ltd Co. is usually managed by a board of directors, which leads to more professional
management.

Tax Benefits

Pvt. Ltd. Co. are eligible for tax benefits and exemptions, which can help reduce the overall tax burden.

Branding and Reputation

A Pvt. Ltd Co. can help establish a
strong brandingand reputation for the
business.

Greater Credibility

A Pvt. Ltd. Co. is viewed as more credible
and trustworthy by customers, suppliers, and partners.

Steps

Your Takeouts

DIN for 2 Directors

DSC for 2 Directors

Certificate of Incorporation (CIN)

Memorandum of Association and Article of Association

E- PAN of Company

E- TAN of Company

Professional Tax Registration
( In Maharasthra )

GST Registration ( If required seperately chargeble )

Shop and Establishment
Registration

Compliances

To promote transparency, sound governance, and safeguard the interests of all stakeholders, certain compliance requirements and related filings must be fulfilled within established timelines.

Our company assists in fulfilling these obligations with ease and efficiency. Compliance requirements can be broadly categorized into four types

For further details and expert guidance, kindly seek the consultation of our seasoned startup consultants.

 

One Time Compliances

One Time after incorporation like appointment of Auditor, Declaration for Commencement of business, Issuance of share certificate etc

Event Based Compliances

Change of Directors, Change of regd. Address,Allotment of shares etc.

Regular Compliance

Accounting , Tax Filing , Maintenance of records and registers etc

Annual Compliance

ROC Annual filing, Audit of financial statement, ITR filing etc

Regular Compliance

Accounting , Tax Filing , Maintenance of records and registers etc

Frequently Asked Question

Private limited company

Public limited company

Limited liability Partnership

One person company

Nidhi Company

Producer Company

Section-8 Company

A Director Identification Number (DIN) is a unique identification number assigned to an individual who has been appointed or proposed to be appointed as a director of a company in India. This number is assigned by the Ministry of Corporate Affairs (MCA) and is used to track and maintain records of all directors of companies registered in India. The process of obtaining a DIN involves submitting an application to the MCA along with the required documents and paying the relevant fee. The DIN once obtained is valid for the lifetime of an individual, and it is not required to renew it.
A Digital Signature Certificate (DSC) is an electronic document that is used to verify the identity of an individual. It is issued by a Certifying Authority (CA) and contains the user's name, a serial number, expiration dates, a copy of the user's public key, and the digital signature of the issuing CA. DSCs are used to digitally sign electronic documents and transactions, such as e-filing of income tax returns, e-tendering, and e-procurement. It is similar to a physical signature but is used in the digital world.
A Corporate Identification Number (CIN) is a unique 21-digit alpha-numeric code assigned by the Registrar of Companies (ROC) to a company at the time of its incorporation. It is used to identify a company and its various records with the Ministry of Corporate Affairs (MCA) in India, who is responsible for the administration of the Companies Act.

The CIN is made up of three parts:
1. The first two characters represent the 'industry classification code' which identifies the type of industry the company belongs to.
2. The next five characters represent the 'location code' which identifies the state and the ROC where the company is registered.
3. The last 14 characters represent the 'incorporation number' which is unique to each company.

CIN is a permanent number for a company and it does not change even if the company changes its name or location. It can be used to track the company's registration, compliance, and financial status on the MCA's website. It is also used in various other government and non-government transactions.
The Memorandum of Association (MOA) is a legal document that sets out the constitution of a company. It serves as the company's charter and outlines the company's objectives, the capital it intends to raise, and the nature of its business. The MOA is one of the primary documents required to be filed with the Registrar of Companies at the time of incorporation of a company.

The MOA includes details such as the company's name, registered office address, the main objects of the company, the authorized share capital, and the names and addresses of the subscribers (i.e. the individuals who have agreed to take shares in the company). It also includes any objects which are ancillary or incidental to the attainment of the main objects, and any other powers that the company may have.

It is important to note that MOA is a public document and can be inspected by anyone on payment of prescribed fees. It is also important to review and update the MOA if there are any changes in the company's objectives or capital structure.

Authorized share capital, also known as authorized capital or registered capital, refers to the maximum amount of common stock that a company is legally authorized to issue and it is usually mentioned in the Memorandum of Association (MOA) and the Article of Association (AOA) of the company.

Paid-up capital, also known as subscribed capital, is the amount of money that shareholders have actually paid to the company in exchange for the shares they own.It is the total amount of money that shareholders have invested in the company by purchasing shares at the time of incorporation or later

Paid-up capital is an important measure of a company's financial strength, as it represents the amount of equity that shareholders have invested in the company.

The company can only issue shares up to the authorized capital limit, in this case, the paid-up capital would be less than the authorized capital.
It stands for Simplified Proforma for Incorporating Company Electronically Plus.It is a new simplified form for incorporating a company in India and obtaining various statutory approvals and registrations in a single form.

It can be used for incorporating a new company, incorporating a One Person Company (OPC), incorporating a Small Company and incorporating a Producer Company. The SPICe+ form can be used to incorporate a new company, obtain a PAN, TAN, and GST registration, and obtain a DIN for directors in a single form
In general, a non-resident Indian (NRI) or foreigner can hold shares in a private limited company in India, subject to certain conditions and restrictions set by the Reserve Bank of India (RBI) and the Foreign Exchange Management Act (FEMA).

However, there may be some restrictions on the percentage of shares that can be held by NRIs and foreigners in specific sectors. It is recommended to consult with our expert team at Sure Tax Fincare, to understand the specific regulations and compliance that needs to be followed.

Yes, a salaried person can become a director of a company in India. However, there are certain qualifications and disqualifications that must be met under the Companies Act, 2013.

Yes, a private limited company in India can carry on more than one business under a single name. It's also worth noting that, the company's Memorandum of Association (MOA) and Article of Association (AOA) should specify the business activities of the company, and in case of change of business activities the company is required to file the relevant forms with the Registrar of Companies (ROC) and get the MOA and AOA amended accordingly.

 

When selecting a name for a private limited company, it is important to ensure that the name is not already in use by another company and that it does not infringe on any trademarks or service marks. Additionally, the name should be consistent with the company's business and should not contain any restricted or sensitive words.

Examples of restricted or sensitive words that should not be included in a company name are: "National", "Government", "Engineer", "University", "Charity", "Trust", racial slurs or profanity. However, it is important to check with the relevant government registrar of companies for a comprehensive list of restricted words in your area.

As per the rule, the company is required to deposit the minimum prescribed share capital with the bank, within 180 days from the date of incorporation. If the company is not able to deposit the share capital within 180 days from the date of incorporation, the company would be considered as dormant and the Registrar of Companies can strike off the name of the company from the register.

It's highly recommended to seek the guidance of our professional experts at Sure Tax Fincare, to ensure compliance with the regulations and laws.

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