Private Company Formation
A Private Limited Company is a Company limited by shares in which there can be maximum 200 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits.

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Registration Services for Private Limited Company

A private limited company is a voluntary association of not less than two and not more than two hundred members, whose liability is limited, the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures. Its main features are :

1. It has an independent legal existence. The Indian Companies Act,2013 contains the provisions regarding the legal formalities for setting up of a private limited company. Registrars of Companies (ROC) appointed under the Companies Act covering the various States and Union Territories are vested with the primary duty of registering companies floated in the respective states and the Union Territories.

2. It is relatively less cumbersome to organise and operate it as it has been exempted from many regulations and restrictions to which a public limited company is subjected to. Some of them are a.it need not file a prospectus with the Registrar. b. it need not obtain the Certificate for Commencement of business. c. restrictions placed on the directors of the public limited company do not apply to its directors.

3. The liability of its members is limited.

4. The shares allotted to it's members are also not freely transferable between them. These companies are not allowed to invite public to subscribe to its shares and debentures.

5. It enjoys continuity of existence i.e. it continues to exist even if all its members die or desert it.
Hence, a private company is preferred by those who wish to take the advantage of limited liability but at the same time desire to keep control over the business within a limited circle and maintain the privacy of their business.

Steps to be taken to get incorporated a Private limited company

Step - 1 Apply for Digital Signature Certificate

Step - 2 Apply for Directors Identification Number (DIN)

Step - 3 Apply for the availability of the name

Step - 4 Drafting the Memorandum and Articles of Association.

Step - 5 File the documents for Registration

After the Registrar is satisfied that all formalities are complied with, he issues a Certificate of Incorporation as to the formation of the Company , which shall be conclusive evidence as to the formation of the Company.

Should you have any questions about Company Formations or registering please do not hesitate to contact us, we will be happy to help.

 

Choose a Company Formation Package

Standard Formation

Fast, simple online formation

  • Our most straightforward option
  • Get up and running in weeks
  • Full printed and digital documentation

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Only Rs. 22500 +

Formation Plus

Avoid compliance headaches

  • Full company registration

  • Completed statutory registers

  • Full board meeting documentation

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Only Rs. 27500 +

E-business start-up

Set up a business and get online

  • Full company formation
  • Get a domain and business email
  • Plus a simple starter website

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Only Rs. 35500 +

Secretarial Service*

Complete peace of mind

  • Your company free of charge
  • Get a domain, email & website
  • first year compliance taken care of

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Only Rs. 41500 +

 

 

 

Director Identification Number

The following documents are required for obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN).

1. Proof of Identity

  • PAN (Mandatory for Indian Nationals )
  • PASSPORT (Mandatory for Foreign Nationals )

2. Proof of Residence:
(Any one of the below)

  • Passport
  • Driving License
  • Election or Voter Identity Card
  • Electricity bill
  • Bank Account Statement
  • UID/Aadhar Card

3. Latest passport size photographs of all Directors/Promoters

Documents required for Address Proof of Registered Office.

  • Rent Agreement or Leave & Licence Agreement, if registered office premise is taken on rent.
  • Utility Bills of proposed registered office
  • NOC of Owner

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