Private Limited Company Registration

Check company name availability.

Registration Cost

12869 /-
 

Package Includes

MyCorporation Fee: 3999 ₹ 7999
2 DIN    : 2000
2 DSC    : 2000
Govt Fee ( 100000)    : 2970
Stamp duty (Delhi)    : 360
Taxes    : 1540

Get Started

 
 

Package Includes

Digital Signatures DSC for Private Limited Company Registration

2 DSC

What is DSC?
Director Identification Number required for Private Limited Company Registration

2 DIN

What is DIN?

MOA / AOA

What is MOA / AOA?

Digital Signature Certificate (DSC)

DSC is required for signing eletronic form on Mca website.this is compulsory for director.A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.

Director Identification Number (DIN)

Director Identification Number (DIN) is a unique identification number given to an existing or a potential Director of any company which is incorporated.

Memorandum of association/Articles of association

Memorandum of Association (MOA) is the supreme public document which contains all those information that are required for the company at the time of incorporation. It can also be said that, a company cannot be incorporated without memorandum. It contains the objects, powers and scope of the company, beyond which a company is not allowed to work, i.e. it limits the range of activities of the company. ‘Articles of Association’ shortly known as AOA, is also a major document which contains all the rules and regulations designed by the company. Below you can see the basic differences between the Memorandum of Association and Articles of Association.

Certificate of incorporation (COI)

A certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form a corporation issued by state government. Its precise meaning depends upon the legal system in which it is used

Permanent Account Number (PAN)

Permanent Account Number (PAN) is a code that acts as identification of Indians, especially those who pay Income Tax. It is a unique, 10-character alpha-numeric identifier, issued to all judicial entities identifiable under the Indian Income Tax Act 1961.

Tax Deduction and Collection Account Number(TAN)

In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.

Documents Required for Private Limited Company Registration

  • 1     PAN (Permanent Account Number) of all proposed directors / Share Holders.
  • 2     Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed Directors / ShareHolders.
  • 3     Latest passport size Photographs of all directors / Share Holders.
  • 4     Registered Office Address Proof - Electricity Bill along with Rent Agreement OR Ownership proof OR NOC
  • 5     Additional Address proof all directors / promoters with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement
Process Involved 20%

STEP 1

Incorporation Documents

STEP 2

Apply for Digital Signatures

STEP 3

Apply for DIN

STEP 4

Incorporation Form SPICe

STEP 5

Incorporation Approval

STEP 6

Incorporation Certificate with PAN and TAN

Incorporation Documents are prepared and sent for Signatures.

Once ID proofs and signed documents are received, Digital Signature is applied for Directors

After DSC, application is filed with MCA for getting the DIN Number

Incorporation Application is prepared and filed with ROC

MCA check and Approves the Incorporation Application.

As per the new process PAN and TAN is Allotted and mentioned on Incorporation certificate by ROC

Why Should you Register Private Limited Company

1. Separate Legal Entity

A company is a legal entity and a juristic person established under the Act. Therefore a company form of organization has wide legal capacity and can own property and also incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts.

2. Uninterrupted Existance

A company has 'perpetual succession', that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.

3. Borrowing Capacity

A company enjoys better avenues for borrowing of funds. It can issue debentures, secured as well as unsecured and can also accept deposits from the public, etc. Even banking and financial institutions prefer to render large financial assistance to a company rather than partnership firms or proprietary concerns.

4. Easy Transferability

Shares of a company limited by shares are transferable by a shareholder to any other person. Filing and signing a share transfer form and handing over the buyer of the shares along with share certificate can easily transfer shares.

5. Owning Property

A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No shareholder can make any claim upon the property of the company so long as the company is a going concern.

6. Limited Liability

Limited Liability means the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a limited liability company the liability of the members in respect of the company's debts is limited.

Compliances after registration of Private Limited Company

1. Apply for Sales Tax / Service Tax Registration based on the nature of Business.
2. Filing Income Tax Return of Company on or Before 30th September every year
3. To maintain proper Books of Accounts
4. To Maintain Minutes Book and all statutory registers
5. To comply with SS-1 and SS-2
6. Get your account books Audited Every Year
7. Filing of form MGT-7,AOC-4 and ADT-1 every Year
8. Appintment of Auditor - No intimation required to be given to ROC in case of First Auditors. Form ADT 1 to be filed within 15 days of 1st AGM of the Company
 

 

Process to Incorporate Company with Foreign Nationals

We need following documents of Foreign National 
1. Copy of Passport ( as Proof of Identity)
2. Address proof ( Telephone bill, Electricity bill or Bank statement) 
3. Five Photographs
All the documents should be Notarized and sent to us in Originals


Where subscriber to the memorandum is a foreign national residing outside India-  Subscriber Sheet should be Attested by

1. In a country in any part of the Commonwealth, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized by a Notary (Public) in that part of the Commonwealth. 
2. In a country which is a party to the Hague Apostille Convention, 1961, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized before the Notary (Public) of the country of his origin and be duly apostillised in accordance with the said Hague Convention. 
3. In a country outside the Commonwealth and which is not a party to the Hague Apostille Convention, 1961, his signatures and address on the memorandum and articles of association and proof of identity, shall be attested by Indian Embasy in that country; 
4. If Foreign subscriber has Visited in India and intended to incorporate a company, in such case the incorporation shall be allowed if, he/she is having a valid Business Visa, in that case subscriber sheet is to be signed by Indian Practicing Professional.

 

Attention Required : Save your Money

We have come across Incidents where people get COD / VPP couriers after incorporation of their company / LLP.

Once Company is incorporated, data is freely available on MCA website and is used by many fraudsters to make money.

They take printout of free available data and send to registered address of company via VPP / COD and ask you to pay some money to receive the courier.

Please do not accept this Courier, MCA / ROC do not send these Paid Couriers and advise you not to accept them.

Your all company registration documents shall be provided by MyCorporation without any extra cost.

 

FAQ

NO, Private Limited company cannot be converted int Section 8 company..

To incorporate a private limited company, a minimum of 2 people are required. A private limited company must have a minimum of two Directors and can have upto a maximum of fifteen Directors. A minimum of two shareholders and a maximum of upto 200 shareholders are allowed..

You can start a Private Limited Company with any amount of capital. As per latest circular, MCA has removed the 1 Lakh Capital Clause. Now a private limited company can be incorporated with less than 1 Lakh Rupees also..

You will not have to be present at our office or appear at any office for the registration of a Private Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office..

We have a record on Incorporating a company in 2 Hours, The time taken for registration will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process..

Yes, a NRI or Foreign National can be a Director in a Private Limited Company after obtaining Director Identification Number. However, atleast one Director on the Board of Directors must be a Resident India. Share Holding is subject to Foreign Direct Investment (FDI) Guidelines..

1. Copy of Passport 2. Copy of Address proof (Bank Statement or Driving License).

No. you need not hire a full-time CA or CS. We will offer your annual compliance package through you will get the right advice from our team..

As per Section 165 of the Companies Act, 2013, a person can be director in maximum 20 companies..

 

The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Private Limited Company..

Yes you can register a company in any part of India, Residential Commercial or Industrial. .

PAN Card and Address proof is mandatory for all the proposed Directors of the Company. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof..

Company has perpetual succession, that means company can never die. It will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years..

A private limited company must hold a Board Meeting atleast once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, atleast once every year..

Foreign National resident a) In a country in any part of the Commonwealth, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized by a Notary (Public) in that part of the Commonwealth. b) In a country which is a party to the Hague Apostille Convention, 1961, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized before the Notary (Public) of the country of his origin and be duly apostillised in accordance with the said Hague Convention. c) Other than above - shall be attested by Indian Embasy in that country; d) Foreign subscriber can visit India on Business Visa.

AOA refers to articles of association which defines the internal constitution of the company, and MOA defines mission, vision, business objectives of the company in the log run.

As Per companies act 2013, company Name should be unique, and business objectives should reflect in its name. Also, do care that business name and legal name should be different. Like Snapdeal is registered as Jasper Infotech Private Limited..