Business Registration
₹7,990

  • Company Registration for Indian Founders
  • PAN and TAN for the company
  • 2 DIN and 2 Digital Signature
  • Authorized Capital up to 1 Lakh
  • All Government Fees(Additional for Punjab, Madhya Pradesh and Kerala)
  • MOA and AOA consulting and Drafting
  • ESI and PF Registration
  • Assistance in current account opening

Take First Step

Private Limited company Registration in India

Private Limited Company Registration

Starting a business involves understanding and dealing with basic legal terms like liability protection to financing and more. Yet, interest in entrepreneurship is at an all-time high and that too in it, establishing a Private Limited Company is one of the highly endorsed methods to start up.

A Private Limited Company in India is administered by the Ministry Of Corporate Affairs(MCA) under the Companies Act, 2013 which lays down comprehensive provisions for running businesses in India.

Section 2(68) of the Companies Act,2013 defines a private company as: “Private Company” means a company having a minimum paid-up share capital as may be prescribed and which by its articles,

  • Restricts the rights to transfer its shares
  • Except in the case of One Person Company, it limits the number of its members to 200
  • Prohibits any invitation to the public to subscribe to any securities of the company
This type of company puts limited liability on its shareholders with certain restrictions that are placed on the ownership.

REQUIREMENTS TO FORM A PRIVATE LIMITED COMPANY IN INDIA:

Features Pvt. Ltd. Company
Definition A legal entity with limited liability to the owners and shareholders
Minimum share capital No requirement for minimum share capital
Members required Min. 2- Max.200
Directors required Min. 2 -Max 15
Authorized capital 1 lakh minimum
Board meeting Within 120 days of the previous board meeting. Min. 4 board meetings to be held each year
Statutory Audit Mandatory
Annual filing Annual statement of accounts & annual return with the Registrar of Companies. These are filed in form AOC4 and MGT7.
Compliance High
Liability Limited
Transferability of shares Can be transferred easily.It can only be restricted by the article of association
Foreign Direct Investment Eligible via automatic and government route.
Company name Should end with Pvt. Ltd.
Governance Under Companies Act, 2013

STEPS FOR ONLINE REGISTRATION OF A COMPANY

Registration of a company may look extremely tedious for those trying to enter afresh into entrepreneurship. To simplify this, Intine a prominent platform for online company registration is there to help you. Intine makes the entire process of online company registration very handy and that too at a very nominal cost. which includes;

  • Step 1: Acquisition of a Digital Signature Certificate (DSC) & Director Identification Number (DIN). Intine helps you with DSC & DIN acquisition
  • Step 2: Intine helps you in choosing the name of your Company as per the availability.
  • Step 3:Intine assists with the name approval certificate.
  • Step 4: Intine package also includes drafting of MOA and AOA to register a Pvt. Ltd. Company
  • Step 5: Intine also assists in receiving PAN and TAN of your company.
  • Step 6:Intine experts take care of other procedural requirements such as stamp duty and registration fees in favor of your company.
  • Step 7: To further assist you with the steps of company incorporation, Intine experts help you in getting the company incorporation certificate.
  • Step 8: ROC issues a certificate with a PAN and TAN.
  • Step 9: Intine would help you in opening the current bank account under the company’s name.

Documents Required for Company Registration

Identity and address proofs are required for registration of a Pvt. Ltd. company in India:

  • ID Proof: PAN card or Passport (Foreign nationals & NRI)
  • Address Proof: Ration card/ Aadhar Card/ Driving License/Voter ID
  • Residence Proof: Bank statement/ telephone/ mobile bill/electricity/ gas bill of the premise
  • Passport-sized photograph & specimen signature (blank document with signature [directors only])
  • Notarized rental agreement
  • NOC from the property owner
  • A copy of the sale deed/property deed (for an owned property).

Documents Required for Company Registration in India

For Designated Directors
  • Pan Card
  • Aadhaar Card
  • Bank Statement
For Registered Office premises
  • Latest Electricity Bill
  • No Objection Certificate from the Premises Owner
  • Notarize rental agreement in English [or]
  • Sale deed/Registery if property is you own the property

ADVANTAGES OF A PVT. LTD. COMPANY:

  • Limited Liability: Liability of shareholders limited up to the amount of shareholding.
  • Investor Friendly: Because of trasperance and regulations, investors prefer to invest in Privae Limited company
  • Easy of formaiton: With all online process, its easy to form a Private limited company

KEY TERMS:

Director of a Private Limited Company: Only an individual (living person) can be appointed as a Director in a company. A body corporate/ business entity can’t be appointed as a Director.A private limited company can have max. 15 Directors.
Digital Signature Certificate (DSC): It is the digital equivalent of a paper certificate. It is issued by the certifying authority by which electronic documents can be signed, since all electronic documents are needed.
Director Identification Number (DIN): DIN is a unique identification no. issued to the Director of a company upon application in form DIR-3 pursuant to sections 153 & 154 of the Companies Act, 2013.
Memorandum Of Association (MOA): This is a legal document that entails the purpose of company formation. The company can undertake only those activities that are mentioned in the MOA. It helps the prospective shareholders in making the right decision while investing. MOA must be signed by at least 2 subscribers in the case of Pvt. Ltd. Company.
Articles Of Association (AOA):

This is a primary declaration that outlines the rules and regulations, including the process for appointing Directors and handling of financial records.

Usually, AOA includes the company’s legal name, purpose, address, equity capital, hierarchy, financial provisions, and provisions regarding shareholder meetings.

Registered Office Of a Company It is the official address of a company where any communication related to the company is sent. Every company needs to have a registered office w/i 30 days of its incorporation as per the Companies Act,2013.
Registered Office Of a Company It is the official address of a company where any communication related to the company is sent. Every company needs to have a registered office w/i 30 days of its incorporation as per the Companies Act,2013.
Authorized capital vs paid-up capital:
AUTHORIZED CAPITAL PAID-UP CAPITAL
Max. value of shares i.e., legally authorized to issue to shareholders. The amount that is actually paid by the shareholders to the company.
A company is not authorized to issue shares beyond the authorized share capital. Paid-up capital can never be more than authorized capital but can be equal to it.
Authorized share capital can be increased in the future by following the procedure mentioned in the Companies Act, 2013 Paid-up capital can be increased by issuing shares to existing shareholders or by Pvt. Placement to third parties.
Authorized capital can’t be used in the net worth calculation of a company. Paid-up capital is used while calculating the net worth of a company.

Process and Steps in Registration of Private Limited Company in India

  • 1

    Issuance of Digital Signature certificate(DSC)

    Take 1 working Day

    Digital Signature certificate would be issued for you.

  • 2

    Director Identification Number

    Take 1 working day

    Director Identification Number is 8 digit unique identification number issues to directors by MCA(Ministry of Corporate affair).

  • 3

    Name Reservation and Approval

    Take up to 4 days

    Once DIN and DSC is there, Intine ComplianceServices professionals will run name availability check on the 2 names provided by you and will file for name approval in MCA(Ministry of Corporate affair).

  • 4

    File For Incorporation Private Limited Company Registration

    Take up to 7 days

    Intine experts will Draft MOA and AOA in consultation with you and incorporate your suggestions, once MOA and AOA is in place, Expert will fill Form in SPICe for the formation of the company. Along side the PAN and TAN would be Filled.

Company Registration FAQs

Company Registration in India Common Questions

How much time does it take to register a company in India?
3 days ago

After submission of all the documents, it usually takes 4-5 days for a company to be registered. GST registration takes another 7-10 days.

Is the company registration process fully online?
3 days ago

Yes, the whole registration process is completely online. Your trustworthy platform Intine is there to help you wholeheartedly with the entire incorporation procedure. To find more, kindly visit the website Intine.

Is Physical presence mandatory?
3 days ago

Since the registration process of a company is completely online so physical presence is not required. All the documents to be filed are electronically taken care of by Intine.

Is it necessary to have audits?
3 days ago

Yes, irrespective of revenues, a Pvt. Ltd. company must hire an auditor. This should be done w/i 30 days of incorporation of the company. Non-compliance with this may lead to a penalty of lakhs of rupees or even blacklisting of its directors.

Can home address be used for registering a Pvt. Ltd. Company?
3 days ago

Yes, the owner's home address may be used as the address of a Pvt. Ltd. Company. A copy of the utility bill would be required for it.

If no partners are available, Can family members be registered in the company?
3 days ago

Yes, A family member can be made a partner in a company. In the future, this can be changed, or shares of directors can be transferred.

What is the minimum amount of capital requirement?
3 days ago

There is no minimum capital required for starting a Pvt. Ltd. Company.

Can NRI/Foreign nationals become directors?
3 days ago

Yes, they can become directors. They just need to acquire DIN from the Indian ROC.

How to get physical possession of DSCs?
3 days ago

After completing the registration process, DSC will be sent via mail/ courier to the registered address.

Can LLP be converted to a Pvt. Ltd. Company?
3 days ago

An LLP can be converted into a Pvt. Ltd. company as per the provisions contained in Section 366 of the Companies Act, 2013 and Company (Authorised to Register) Rules, 2014. A Private Limited Company or Unlisted Public Company may convert into a Limited Liability Partnership in accordance with the provisions of Section 56 and the Third and Fourth Schedule of LLP Act, 2008. But, if one wants to expand the business then a new Pvt. Ltd. company can be registered with the same name. In the case of LLP, the company just needs to issue a NOC(No Objection Certificate).

*disclaimer:we try our best to keep the above provided information updated, the data provided keeps changing by amendments and changes in related statute/acts and other Govt published advisory and we don't claim that all information is always correct, the content is for informational purpose only, Intine.CO (QuickU Technology solutions pvt ltd) and its associates bear not responsibility of any loss because of actions taken based on the information on this page or any other page of this website.

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