Private Limited Company Registration

Private Limited (Pvt Ltd) Company Registration Online In India

No more delays or difficulties! Register your business with the best provider of company incorporation services.

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For a limited time period, get your company registered online for ₹6999 All Inclusive, Just submit your details and our business expert will get on a call with you to explain the process

Your Private Limited Company With GLADS Associates

Registering a Company is quick, easy, and can be done online with GLADS Associates in 3 simple steps:

We provide assistance in the registration of your directors with the Ministry of Corporate Affairs (MCA).

We assist you in selecting the right name for your company.

We prepare and file the documents required for the registration of your company (MoA and AoA).

An overview of online company registration in India

In India, setting up a private limited company is a highly recommended method of starting a business. The shareholders of this type of company are entitled to limited liability and certain restrictions are placed on their ownership. In an LLP, the business is owned and operated by partners. However, directors and shareholders may be different in the registration of a private limited company.

The Vakilsearch legal team provides a cost-effective registration service for companies in India. Here you can find information on how to register your business. We handle all legal paperwork and ensure compliance with Ministry of Corporate Affairs requirements. Upon approval of the company registration process, you will receive a Certificate of Incorporation (CoI), as well as your PAN and TAN. As of now, you can open a current bank account and begin operating your business.

Benefits of Pvt Ltd Company Registration

A company registration offers a number of benefits. Having a registered company enhances the authenticity of your business. It helps your business:

Protects against personal liability and other risks and losses.

More customers will be attracted.

Obtain bank credit and make good investments with reliable investors.

Provides liability protection for your company's assets.

A greater contribution to capital and greater stability.

Increases the possibility of growth and expansion.

Registration checklist for private limited companies in India

The Companies Act 2013 specifies that we must comply with the checklist requirements.

Two Directors:

A private limited company must have at least two directors, and a maximum of fifteen. An Indian citizen must be one of the company’s directors.

Unique Name:

It is essential that the name of your private limited company be unique. In India, the suggested name should not be identical to the name of any existing company or trademark.

Minimum Capital Contribution:

In order to establish a private limited company, there is no minimum capital requirement. An authorized capital of at least ₹1 lakh is needed for a private limited company.

Registered Office:

The registered office of a private limited company need not be a commercial location. A rented home can be the registered office as long as the landlord provides an NOC.

Company Registration in India - How to Register a Company

In India, company registration benefits startups since it provides them with an advantage over those who have not registered. The registration process for a company is complex and requires a variety of compliances. We at GLADS Associates can assist you with every step of the private limited company registration process, so you do not have to worry.

Step 1: Obtain the DSC.

Step 2: Apply for a DIN.

Step 3: Application for the name availability

Step 4: AoA and MoA to register a private limited company are submitted.

Step 5: The company must apply for a PAN and TAN.

Step 6: The RoC issues a certificate of incorporation and assigns a PAN and TAN to the company.

Documents Required for Online Company Registration

An Indian private limited company cannot be registered without proper identification and address proof. Here is a list of the documents that are accepted by the MCA for the online registration of companies:

Identity and Address Proof

The scanned copy of your PAN card or passport (if you are a foreign national or an NRI).

The scanned copy of the voter identification card, passport, or driving license

Copy of the latest bank statement, telephone, or mobile bill, as well as an electric or gas bill.

Scanned passport-size photograph specimen signature (blank document with signature (for directors only))

Registered Office Proof

Copy of the most recent bank statement/telephone/mobile bill/electricity/gas bill.

Scanned copy of notarized rental agreement.

Scanned copy of no-objection certificate from the property owner.

The scanned copy of the sale deed or property deed (in the case of owned properties).

Note: The registered office of your company does not have to be a commercial space; it can also be your residence.

Why GLADS Associates?

Private limited company registration can be completed entirely online, meaning you do not have to leave the comfort of your home. We complete the company incorporation process within 14 days at GLADS Associates.

GLADS Associates company registration package includes:

DIN and DSC for two Directors.

Drafting of MoA & AoA.

Registration fees and stamp duty.

Company incorporation certificate.

Company PAN and TAN.

Zero balance current account.

In this way, you will be well on your way to forming your own private limited company. In order to ensure smoother growth, it is recommended that you consult with the experts and make the best decision.

The Glossary

Amendment

An amendment to, deletion from, or change to the articles of incorporation of a domestic corporation.

Board of Directors

Members of the governing body of a corporation who are elected by its shareholders. It is the directors’ responsibility to select the officers and to supervise and control the corporation in general.

Certificate of Incorporation

It is the title of the document that is filed by most states in order to form a corporation. This document is also known as the articles of incorporation.

DSC

Digital Signature Certificates (DSCs) are certificates issued by certifying authorities that enable you to sign electronic documents. As all documents required are electronic.

DIN

Director Identification Number

Dissolution

This is the statutory procedure for bringing an end to the existence of a domestic corporation.

Incorporation

A corporation is formed or organized under the laws of a specific jurisdiction.

Limited Liability Company (LLC)

An artificial entity created under the laws of the jurisdiction in which it was incorporated. The limited liability company provides the limited liability of a corporation as well as the pass-through taxation of a partnership.

Limited Personal Liability

The protection provided to corporate shareholders, limited partners, or members of a limited liability company against their company’s debts and claims.

Name Reservation

This procedure allows a company to obtain exclusive use of its corporate name for a specific period of time.

Registered Office

The statutory address of a corporation. In states requiring the designation of a registered agent, it is usually the address of the agent.

What are the guidelines for choosing the name of a private limited company?

Registrars of companies (RoCs) across India expect applicants to follow certain naming guidelines. Some of them are subjective, which means that approval may depend on the opinion of the officer handling your application. However, the more closely you adhere to the following guidelines, the greater your chances of approval will be. First, however, make sure that your name is available.

In the process of setting up a private limited company, how long does it take?

If all the documents are in order, the process will take no longer than 15 days. However, this is dependent upon the registrar's workload.

During this process, do I need to be physically present?

No, company formation in India is conducted entirely online. As all documents are filed electronically, you are not required to be physically present. Scan copies of all required documents and forms must be sent to us.

What documents are required to complete the process?

The directors must provide proof of their identity and address, as well as a copy of their PAN card (for Indian nationals) or passport (for foreign nationals). Obtain a no-objection certificate from the owner of the registered office location.

Does a private limited company have continuous existence?

Yes, as long as the annual compliance requirements are met, the private limited company will remain in existence. If you do not comply with the requirements, the account will go dormant until it is permanently deleted from the register.

Is it necessary for a company's books to be audited?

Yes, a private limited company must hire an auditor regardless of its revenue. It is mandatory for an auditor to be appointed within 30 days of the incorporation of the company. The importance of compliance for a private limited company is well known, as fines for non-compliance can amount to lakhs of rupees and can even result in directors being blacklisted.

How are the articles and memorandum of association drafted?

In these documents, you will find the rules, vision and mission of your organization, as well as information about the business's exact operation and the roles and responsibilities of your shareholders and directors.

Are two directors necessary for registration of company?

Yes, a private limited company must have at least two directors in order to be legally formed. The maximum members can be 200. It is possible to register your business as a one person company if you are its sole owner.

What is the minimum capital needed to do company incorporation?

The minimum capital required to establish a private limited company is not specified.

Can a director of a private limited company be paid a salary?

Yes, a salaried person may become a director of a private company, LLP, or OPC private company. You should check the employment agreement to see if such provisions are allowed. In many cases, the employer is quite comfortable with the fact that their employee holds a director's position in another company in which he or she has an interest.

Contact

189, Deepak Vihar, Near Green Valley Public School, Najafgarh, New Delhi-110043
+91 9711023115
+91 9711114297
Info@gladsassociates.com