Private Limited Company Registration: A Complete Guide

A Private Limited Company (Pvt Ltd) is one of the most popular and trusted business structures in India. It offers limited liability protection to its shareholders, separate legal entity status, and access to funding, making it ideal for startups, SMEs, and growing businesses.

Benefits of Private Limited Company Registration

  1. Limited Liability Protection:
    Shareholders’ personal assets are safeguarded from business liabilities.

  2. Separate Legal Entity:
    A Pvt Ltd company is distinct from its owners and can own assets, enter contracts, and sue or be sued independently.

  3. Ease of Fundraising:
    Access to equity funding from investors, venture capitalists, and banks is simplified.

  4. Enhanced Credibility:
    A Pvt Ltd company is perceived as more credible by clients, suppliers, and financial institutions.

  5. Perpetual Succession:
    The company continues to exist despite changes in ownership or management.

  6. Tax Benefits:
    Enjoy lower corporate tax rates and various government incentives.

Eligibility Criteria for Pvt Ltd Company Registration

  1. Minimum Directors and Shareholders:

    • At least 2 directors and 2 shareholders.
    • Directors and shareholders can be the same individuals.

  2. Director Residency:
    At least one director must be an Indian resident.

  3. Unique Name:
    The proposed company name must be unique and not infringe on existing trademarks or company names.

  4. Capital Requirement:
    No minimum paid-up capital is required, though an authorized capital of ₹1 lakh is generally recommended.

Documents Required for Registration

For Directors and Shareholders:

  1. PAN card (mandatory for Indian nationals).
  2. Aadhaar card or passport (proof of identity).
  3. Passport-size photographs.
  4. Address proof (utility bill, bank statement, or voter ID).

For Registered Office:

  1. Utility bill (electricity, water, or property tax receipt).
  2. Rent agreement (if the office is rented).
  3. NOC from the property owner.

Other Documents:

  1. Draft MOA (Memorandum of Association).
  2. Draft AOA (Articles of Association).

Step-by-Step Process for Pvt Ltd Company Registration

  1. Obtain Digital Signature Certificate (DSC):
    All directors must obtain a DSC for signing online forms.

  2. Apply for Director Identification Number (DIN):
    File DIR-3 to obtain DIN for the proposed directors.

  3. Name Reservation (SPICe+):
    Propose and reserve a unique name for the company through the SPICe+ (Simplified Proforma for Incorporating a Company Electronically) Part A form.

  4. Draft MOA and AOA:

    • MOA outlines the objectives and scope of the company.
    • AOA defines the company’s operational rules and regulations.

  5. File Incorporation Form:
    Submit SPICe+ Part B, attaching the required documents, including MOA, AOA, and address proof.

  6. Verification and Approval:
    MCA reviews the application and, upon approval, issues a Certificate of Incorporation (COI) along with the Company Identification Number (CIN).

  7. PAN and TAN:
    PAN and TAN of the company are automatically issued along with the COI.

Post-Incorporation Compliance

  1. Opening a Bank Account:
    Open a current account in the company’s name for transactions.

  2. GST Registration (if applicable):
    Obtain GST registration for tax compliance and invoicing.

  3. ROC Compliance:
    File annual returns (MGT-7) and financial statements (AOC-4).

  4. Statutory Audit:
    Appoint a certified auditor within 30 days of incorporation.

  5. Income Tax Filing:
    File annual income tax returns using ITR-6.

Why Choose AK Mehta & Associates for Pvt Ltd Company Registration?

  1. Expert Guidance:
    Our experienced team simplifies the complex registration process, ensuring error-free documentation and filing.

  2. End-to-End Support:
    From name approval to post-incorporation compliance, we handle everything.

  3. Affordable Pricing:
    Transparent and competitive pricing with no hidden charges.

  4. Timely Updates:
    We keep you informed about compliance requirements and deadlines.

  5. Hassle-Free Process:
    Let us take care of the paperwork while you focus on your business.

Contact Us Today

Establish your Private Limited Company seamlessly with AK Mehta & Associates. Let us help you bring your entrepreneurial vision to life!

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