PRIVATE LIMITED COMPANY

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PRIVATE LIMITED COMPANY REGISTRATION

  • In Just 30,999/- (All Inclusive)
  • Easy online process
  • Thousands of businesses supported daily
  • Service across India. Over 3000+ Partners

Private Limited Company should be the preferred choice of business if you are planning to raise funding. It is a privately held business entity with limited liabilities.

It allows a significant degree of separation between operations and ownership. It gives investors a choice of exiting the company without any hassle by just selling the shares without being liable for company affairs.

If a business is planning to go global, then the Private Limited Company is the only form which allows 100% Foreign Direct Investment, without any prior government approval.

To set up a Private Limited Company, one needs to:

  • Choose a name
  • Have a company address
  • Appoint at least two directors.
  • Apply for Din and DSC for each Director
  • Have at least two shareholders.
  • Draft Memorandum of Association (MOA) & Articles of Association (AOA).
  • File INC-32 to register the Private Limited with MCA.
  • Obtain Certificate of Incorporation from ROC.

Documents Required

All directors and shareholders need to provide Self-attested copy of

  • PAN Card
  • ID Proof (Aadhar card/ Voter ID/ Driving license)
  • Address Proof in the name of director (Any utility bill i.e., mobile bill/water bill/ electricity bill, or bank statement which should not be older than two months)
  • 4 Passport Size Photographs.
  • Address proof of Registered office
  • Any utility Bill (i.e., mobile bill/water bill/ electricity bill) of the registered office

Process

  • DIN & DSC : 1 to 2 Days
  • Drafting MOA and AOA electronically in Spice MOA (INC-33) and Spice AOA (INC-34) : 2 to 4 Days
  • Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34) : 4 to 5 Days
  • Certificate Of Incorporation : 6 to 10 Days

 

(Date may be variate in certain cases such as it may take long to  a maximum of 45 days. If the same is not Satisfied within a span of 45 days you will get 100% MONEY BACK GUARENTEE )

WHY PRIVATE LIMITED COMPANY ?

EASE OF FORMATION :

A Private Limited Company can be incorporated with minimum 2 directors by filing Spice E Form INC-32 along with link form Spice MOA (INC-33) and Spice AOA (INC-34).. Once the documents get verified, certificate of incorporation has been issued by MCA within 2 to 3 days.

SEPARATE LEGAL ENTITY :

The biggest advantage of a Private Limited Company is that its identity is distinct from that of its members. A company is a separate person having its own rights & Obligations.

PERPETUAL SUCCESSION :

In case of death of the owner or transfer of shares, your business won’t get affected. There will be no effect on firm’s continuance.

LIMITED LIABILITY :

The greatest benefit of Private Limited Company is limited liability. If any liability arise then its member is not personally affected; members are only liable for unpaid shares held by them and not more than that. Stakeholders are not liable for corporate debts and liabilities

GREATER FLEXIBILITY :

A Private Limited Company is required to perform lesser legal formalities as compared to a Public Limited Company. It enjoys special exemptions and privileges under the company law. Therefore, in Private Limited Company, less number of compliance is required.

SECRECY :

A Private Limited Company is not required to publish its accounts or file several documents. Therefore, it is in a better position than a public company to maintain business secrets.

INVESTMENT :

Flexibility to raise investments or loans from NRIs and Foreigners. Easy to raise investments and corporate loans

TRANSPARENCEY :

Private Limited Company enjoys enhanced transparency thus able to win the trust of general public.

MINIMUN COMPLIANCES :

Private Limited Company enjoys enhanced transparency thus able to win the trust of general public.

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