Private Limited Company Registration
Registration Of A Private Limited Company
Private Limited Company has non-governmental ownership. Private companies don't allow the general public to buy their shares. The liability of these members is limited to their contributions. These limitations underline themselves in the Companies Act 2013. Private limited company registration or online company registration in India is only possible under this act.
Features Of Private Limited Company Registration
Separate Legal Entity
This feature protects every director and shareholder against the risks and losses caused by a personal shield.
Changing owners is easily allowed
Changing directors or shareholders in a private limited company is the precise process that usually comes into practice very quickly.
Tax benefits
Private companies hold more Tax benefits than any other LLP or Partnership Firms.
Market credibility
Private limited Banks, Financial Institutions, Creditors, and Debtors are among the most credible market players. They are more inclined towards it than other forms of business.
Growth and stability
Startup business always prefers private limited due to Growth and stability in this business structure. Banks also advise granting loans and advances more often to private limited companies.
Increased borrowing capacity
Companies will benefit from increased borrowing capacity of funds as they can issue debentures secured and unsecured.
Attracting new customers
People usually get attracted to businesses holding stability and development. Private Limited is one of these entities that has acquired several new customers.
Long-lasting Existence
Yes! Private limited remains for the longest time as it holds an interrupted existence until dissolved by legal action. The company doesn’t even get affected if the death or dissolution of any shareholder or member takes place.
Brand Building
Private limited companies usually emerge as a brand, which is the most crucial aspect of a company that promotes and gains the trust of customers, banks, and other stakeholders.
private limited company registration
Advantages Of Private Limited Company Registration In India
Online Company Registration in India has its advantages, such as:
- Limited risk to personal assets: Shareholders of a private limited company have limited liability. Shareholders of registered companies do not have any personal liability.
- Legal Entity: After registration of a company or private limited company registration, it becomes a separate legal entity from its owners. The company is responsible for the management of its assets & liabilities. It is possible to do so after registration of a private limited company.
- Raising capital: Online company registration in India is preferred by owners as it helps them raise funds through equity.
- Trustworthiness: Online company registration in India takes place by the Registrar of Companies under the Companies Act, 2013. Also, discussion with all the directors provides the formation of the company. Hence a PLC form of business structure is a more reliable source. Pvt ltd company registration helps to build trust amongst the general public.
- Continue existence: After a successful Pvt ltd company registration, it has to have "perpetual succession", which means that it can continue with its operations until the day after it is legally dissolved and ceases to exist. The company has a separate legal entity that cannot get affected by the death or dissolution of any of its members. However, it continues to exist irrespective of the changes in membership.
Different forms of company registration
There are other forms of company registration are as follows:
- Partnership Firm Registration
- Public Limited Registration
- Proprietorship Firm Registration
- Limited Liability Partnership (LLP) Registration
- One Person Company (OPC) Registration
- NGO Registration
Documents Required for Online Company Registration in India
In India, private limited company registration or Pvt ltd company registration is impossible without a true identity and address proof. Following is the list of documents required by the MCA for the process:
Proof of identity and address
- A copy of a PAN card or passport (foreign nationals & NRIs) is required.
- Voter ID/passport/driving license.
- Latest bank statement/telephone or mobile bill/electricity or gas bill.
- Passport-sized photo and signature.
Proof of the office which is registered
- Latest bank statement/telephone or mobile bill/electricity or gas bill
- Notarized rental agreement in English
- NOC from the property owner
- Sale deed/property deed written in English if you own your property
Note: The registered office need not be only commercial property, but it can also be a residence.
FAQ's
Few doubts important to be resolved quickly
1. Is my physical presence required during the company incorporation process or pvt ltd company registration ?
2. Can small businesses get online company registration in India with a private limited company registration ?
3. Are there any high qualifications required to become a director or shareholder of a limited company ?
4. What are Articles of association ( AOA) and Memorandum of Association (MOA) ?
5. How many directors and shareholders can be a part of the same company ?
Private Limited Company Registration
GOLD
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- GST Registration
- Udyam Registration
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- Trademark Registration
- Audit & Annual Compliances
- Iso 9001:2015
- Appointment of Auditor
- Commencement Certificate
- ITR of Company
PLATINUM
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- GST Registration
- Udyam Registration
- ISO 9001:2015
- Trademark Registration
- Appointment of Auditor
- Commencement Certificate
- Audit & Annual Compliances
- ITR of Company
DIAMOND
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- GST Registration
- Udyam Registration
- ISO 9001:2015
- Trademark Registration
- Appointment of Auditor
- Commencement Certificate
- Audit & Annual Compliances
- ITR of Company
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