A private limited company is owned by private stakeholders with limited liability. These entities have a legal identity that is separate from their owners. The benefits of this structure make them a popular choice among budding entrepreneurs, such as the fact that a private limited company can own property, enter into contracts, and sue or be sued in its name.
Private limited company registration in Mumbai
Private limited company registration in Mumbai
Features of Private Limited company Registration in Mumbai
Limited Share Transfer
Shares of a Pvt Ltd company in Mumbai cannot be transferred to the general public without approval from other shareholders, ensuring that ownership remains within a trusted group.
Limited Liability Protection
Shareholders are liable only to the extent of their investment in the private limited company. Their assets are safeguarded even if the company faces financial setbacks.
Non-Tradable Shares
Private Limited Company shares are privately held and cannot be publicly traded or listed on stock exchanges.
Private Ownership Structure
Ownership of a Pvt Ltd company is typically restricted to a close group of individuals who hold the company's shares, such as family, friends, or select investors.
Shareholder Requirement
To register a Private Limited Company in Mumbai, a minimum of two shareholders is required, with a cap of fifteen shareholders.
Independent Taxation
The company is a separate legal entity subject to corporate taxation. Additionally, shareholders may be taxed individually on any dividends received.
Distinct Legal Identity
A Private Limited Company in Mumbai is a separate legal entity independent of its owners. It can own property, enter into agreements, and take legal action or be sued in its name.
Continuous Existence
Changes in ownership do not affect the company's existence. It remains operational even if shareholders resign or pass away and can only be dissolved through formal legal procedures.
Capital Raising Flexibility
Private Limited Companies in Mumbai can secure funding through private sources such as current shareholders, angel investors, or venture capitalists.
Process of Pvt Ltd Company Registration in Mumbai
1. Obtain a Digital Signature Certificate (DSC)
2. Apply for a Director Identification Number (DIN)
3. Company Name Reservation
4. File the SPICe+ Form (INC-32)
5. Submit e-MoA (INC-33) and e-AoA (INC-34)
6. Apply for PAN & TAN
Documents Required for Pvt Ltd Registration online in Mumbai
- Passport-sized photo and digital signature of the owner.
- PAN card or Passport for foreign nationals & NRIs.
- Voter ID/passport/driving license.
- Latest bank statement/telephone or mobile bill/electricity or gas bill of owner and office.
- NOC from the property owner of the office.
Types of Private Limited company registration in Mumbai
- Company limited by Shares
- Company limited by Guarantee
- Unlimited Company
FAQ's
Few doubts important to be resolved quickly
1. Can one person register a Private Limited Company ?
2. Do I need to be a resident of Mumbai to register a company there ?
3. Is a physical office required to register a Pvt Ltd company in Mumbai ?
4. What documents are required for company registration ?
5. Can a foreign national be a director or shareholder in a Private Limited Company ?
Packages for 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