Private Limited Company Registration

Private Limited Company Registration in India

Welcome to Tax Gyani, your trusted partner for seamless private limited company registration in India. If you're looking to establish a business with limited liability, professional credibility, and scalability, registering a Private Limited Company (Pvt Ltd) is the ideal choice.

Our expert team simplifies the entire process, ensuring compliance with the Companies Act, 2013, and MCA guidelines. Whether you're a startup founder or an established entrepreneur, we handle everything from name approval to incorporation certificate issuance.

What is a Private Limited Company?

A Private Limited Company, often abbreviated as Pvt Ltd, is a popular business structure in India. It offers limited liability protection to shareholders, meaning personal assets are safeguarded from business debts.
Unlike sole proprietorships or partnerships, a Pvt Ltd company is a separate legal entity, allowing it to own property, enter contracts, and sue or be sued independently.
Key features include:

• Minimum of 2 shareholders and 2 directors (can be the same individuals).
• Maximum of 200 shareholders.
• Shares are not publicly traded, ensuring privacy and control.
• Ideal for businesses seeking funding from investors or banks.

Private limited company registration in India is governed by the Ministry of Corporate Affairs (MCA) and can be completed online through the SPICe+ form, making it efficient and paperless.

Benefits of Private Limited Company Registration

Registering as a Pvt Ltd company provides numerous advantages, making it a preferred option for entrepreneurs across sectors. Here's why you should consider Pvt Ltd company registration in India:

• Limited Liability: Shareholders' liability is limited to their share capital, protecting personal finances.
• Ease of Funding: Attract venture capital, angel investors, or loans more easily due to structured governance.
• Ease of Funding: Attract venture capital, angel investors, or loans more easily due to structured governance.
• Perpetual Succession: The company continues to exist even if ownership changes or directors pass away.
• Tax Benefits: Eligible for deductions under Income Tax Act, including startup exemptions.
• Credibility and Branding: Enhances professional image, making it easier to build trust with clients and partners.
• Separate Legal Entity: Company assets and liabilities are distinct from owners.
• Flexibility in Operations: No minimum capital requirement (post-2015 amendments), starting from just Rs. 1 lakh authorized capital.
• Compliance Advantages: Access to government schemes like Startup India for subsidies and recognitions.

By opting for online private limited company registration, you can enjoy these perks while minimizing setup hassles.

Eligibility Criteria for Pvt Ltd Company Registration

Before initiating the private limited company registration process in India, ensure you meet the basic eligibility:

• Directors: At least 2 directors, aged 18+, with at least one being an Indian resident. No educational qualifications required.
• Shareholders: Minimum 2, maximum 200. Can be individuals, companies, or foreigners (subject to FDI norms).
• Registered Office: A valid Indian address (commercial or residential) for official correspondence.
• Capital: No minimum paid-up capital; authorized capital can be as low as Rs. 1 lakh.
• DIN and DSC: Directors must obtain Director Identification Number (DIN) and Digital Signature Certificate (DSC).

Foreign nationals can participate, but compliance with RBI and FEMA regulations is essential for private limited company incorporation in India.

Documents Required for Registration

To register a private limited company in India, gather these essential documents. Our team at Tax Gyaani verifies and submits them digitally for a smooth process:

• Identity Proof: PAN card (mandatory for Indians), Passport (for foreigners/NRIs), Aadhaar card, Voter ID, or Driving License.
• Address Proof: Bank statement, utility bill (electricity/gas/telephone), or rental agreement (not older than 2 months).
• Proof of Registered Office: Rent agreement/No Objection Certificate (NOC) from owner, plus utility bill.
• Director-Specific Documents: DIN application form, DSC (Class 3), photographs.
• Company Documents: Proposed company name (2-3 options), Memorandum of Association (MoA), Articles of Association (AoA).
• Other: Incorporation fee payment proof, consent letters from directors.

For startups, additional documents like affidavits may be needed. We ensure all paperwork is error-free to avoid rejections during Pvt Ltd registration online.

Step-by-Step Process for Private Limited Company Registration

At Tax Gyaani, we make private limited company registration in India straightforward. Here's the typical process, which takes 7-15 days:

• Obtain DSC and DIN: Apply for Digital Signatures and Director Identification Numbers via MCA portal.
• Name Reservation: Submit RUN (Reserve Unique Name) form with 2-3 name options. Approval usually within 2 days.
• Prepare MoA and AoA: Draft Memorandum and Articles of Association outlining company objectives and rules.
• File SPICe+ Form: Submit integrated form for incorporation, PAN, TAN, EPF, ESI, and GST (optional).
• Pay Fees and Stamp Duty: Based on authorized capital; online payment.
• Verification and Approval: MCA reviews; issues Certificate of Incorporation (COI) with CIN.
• Post-Incorporation Compliances: Open bank account, apply for GST if turnover exceeds Rs. 20 lakhs, commence business.

Our experts handle end-to-end, including follow-ups, to ensure timely online Pvt Ltd company registration.

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