Private Limited Company

A Private Limited Company is a sort of business structure that combines the limited liability characteristics of a corporation

Home / Private Limited Company

Download.

Private Limited Company Registration

A Private Limited Company is a sort of business structure that combines the limited liability characteristics of a corporation with the flexibility and efficiency of a privately held enterprise. Shareholders’ responsibility in a Private Limited Company is limited to the amount unpaid on their shares. the registration process for a Private Limited Company in India involves several steps.

Basic Requirement

Documents Requirement :-

  1. Director’s Documents:
    • Passport-sized photograph
    • PAN Card
    • Aadhar Card or Voter ID
    • Proof of Residence (Bank Statement, Electricity Bill, Telephone Bill)
  2. Registered Office Documents:
    • Proof of Registered Office Address (Conveyance/Lease Deed/Rental Agreement)
    • Utility Bill (not older than two months)
    • No Objection Certificate (NOC) from the property owner

Steps for forming a Private Limited Company in India :-

  1. Obtain a Digital Signature Certificate (DSC) for the prospective directors and shareholder
  2. Reserve a name by submitting an application to the Ministry of Corporate Affairs (MCA).
  3. Prepare the articles of association (AoA) and the memorandum of association (MoA) for incorporation.
  4. File the incorporation forms, namely SPICe Part B, Inc-33, Inc-34, Agile Pro and Inc-9 on on MCA V3 website.
  5. Obtain a Certificate of Incorporation
  6. Apply for PAN and TAN of the company.
  7. Open a bank account under the Company’s name.
  8. Comply with annual filing requirements and adhere to regulations.
  9.  Seek professional assistance for compliance and guidance.

Setting up a Private Limited Company involves legal formalities, and the registration process may vary by jurisdiction. It is advisable to seek professional guidance, such as from a chartered accountant or company secretary, to ensure compliance with all legal requirements during the registration and ongoing operations of the company.