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Business Registration

Private Limited Company Registration

Registration

Company Registration is the first and foremost step for beginning of the new venture. Private Limited Company registration is the most popular form of “legal entity”among all businesses in india. Registering Private Limited Company is an important process, as it provides transparency and authenticity to your proposed business entity. Startups and growing company always prefer the tag of a “Private Limited Company”.

As evident from the name “Private”, Private Limited Company is a form of an entity whereby shares are held privately between the Shareholders who are generally relatives or Known. It is the best form of business entity for small and medium Businesses and allows for a 100% foreign direct investment with government approval. As quoted by experts that it is the best form of business for Startups because of the characteristics that it possesses. The Directors are the Person who are responsible for running the entity and are answerable to the stakeholders for the performance of company. Although Section 2(68) of Companies act, 2013 restricts it from raising Investments from the market but it can arrange funds and investments from the known for sure.

Private Limited Company Package Includes

  • Name Approval of Proposed Company
  • DIN and DSC of 2 Proposed Directors
  • Certificate of Incorporation ( COI)
  • Bank Account opening Kit
  • E-Pan and E-Tan
  • MOA & AOA
  • Relationship Manager (RM)
  • Government Challan & Fees
  • ESIC Registration
  • EPFO Registration
     
     
     
 

Requirements for Registration

  • At least 2 shareholders and Directors who can be the same person.
  • One of the Directors must be resident in India.
  • Director Identification number (DIN) of all the Directors and shareholders are required.
  • Digital Signature certificate (DSCs) of all the Directors and shareholders are required.

 

Note: Company planning to incorporate in any specific Government regulated sectors are required to take Prior Approval of the Department before Registering the Company.

Process of Registering Private Limited Company

Filing for Name Approval

After the submission of documents to the Legalite, we apply 2 names to Ministry of Corporate Affairs vide www.mca.gov.in on behalf of our clients along with the requisite fees. Name Approval Generally takes 24-48 Hours Excluding Holidays.
 

Issuance of COI, E-Pan, E-Tan, ESIC and EPFO Registration

If the Department is satisfied with the Documents submitted and is of view that the Information given are in order and Documents are in order, it issues the Certificate of Incorporation Followed by E-Pan, E-Tan, ESIC and EPFO Registration.
 

Drafting of MOA & AOA

The MOA and AOA is drafted through the expert (CA/CS) as per the requirement of the Client, since the MOA contains the Object of the Company / Purpose for which the company is registered, Client’s involvement is required for accomplishment of the same. After the Drafting the application is finally made to the Department along with the attached DSCs of Subscribers/Directors and Professional (CA/CS/CMA)
 

DOCUMENTS REQUIRED

For Directors / Shareholders

  • Passport Size Coloured photograph.
  • Aadhaar Card and Pan Card (Self Attested).
  • Email Id and Mobile number.
  • Telephone / Gas Bill/Electricity bill/ Bank Statement (Not exceeding 60 Days).
  • Passport/ Voter ID, Driving License.
     
     

For Registered office Proof

  • Proof of Premise: Electricity Bill/Telephone Bill/water Bill.
  • No objection Certificate (NOC) From Owner of Premise.
 

Benefits of Registering Private Limited Company

  • Limited Liability of Director & their assests
  • Brand Building and better Image of the Entity 
  • Funds and Investments are easily available 
  • Considered as Pre Eminent form of Start-up
  • Employee retention is high because of brand 
  • Company can be very smoothy run & dissolved 
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