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Private Limited Company

Fastest Private Limited (Pvt. Ltd.) Company Registration In India | Same Day Process

Register your startup as private limited company with Legal Vidur from any states of India. Our experienced (10 Yrs+) CA/CS will draft & complete all the documentations in same day.

Apply for Private Limited Company

    Note: Once you are Ready to Setup your Pvt. Ltd. Firm, you’ll receive Rs 499 adjustment from your selected package from us

    What is Private Limited Company?

    Private limited company is governed by MCA (Ministry of corporate affairs) under Companies Act, 2013. Private limited company can be registered with minimum of 2 directors and 2 shareholders, where shareholder and director can be same person. The maximum number of directors can be 15 and the maximum members can be 200.

    The shares division depends on the percentage of the capital amount invested in a company. The profit is also divided as per the share holding of the shareholders.

    Package

    Basic Plan

    Rs 7999
    • Register your Private Limited Company at Ministry of Corporate Affairs
    • Drafting & Filing by CA/CS
    • Expert advice by CA/CS
    • MCA processing and CIN
    • Company PAN & TAN
    • MOA
    • AOA
    • Allotment of 2 DINs
    • ESI and PF registration
    • GST registration
    • The 1st Board Resolution documentation
    • Consent Letter drafting and appointment of the Auditor

    Smart Plan

    Rs 16,999
    • Register your Private Limited Company at Ministry of Corporate Affairs
    • Company PAN & TAN
    • MOA
    • AOA
    • Allotment of 2 DINs
    • ESI and PF registration
    • Current Account Opening in your nearest branch
    • MCA processing
    • GST registration
    • The 1st Board Resolution documentation
    • Consent Letter drafting
    • Appointment of the Auditor
    • INC-20A commencement of business
    • MCA annual return filing and DIR-3 Director KYC

    Mega Plan

    Rs 29,999
    • Register your Private Limited Company at Ministry of Corporate Affairs
    • 1 Trademark Application
    • Company PAN & TAN
    • MOA
    • AOA
    • Allotment of 2 DINs
    • ESI and PF registration
    • Current Account Opening in your nearest branch
    • MCA processing
    • GST registration
    • The 1st Board Resolution documentation
    • Consent Letter drafting
    • Appointment of the Auditor
    • INC-20A commencement of business
    • Income Tax Return filing
    • Financial statements preparation
    • MCA annual return filing and DIR-3 Director KYC
    • GST Return filing for 12 months

    Starting a business is the toughest decision one can take but it gives you the maximum fulfillment of your dreams and desires. Your decision to begin your entrepreneurial journey starts with the decision of selecting the right business structure to follow. Anyone can choose a private limited company to build a scalable business. It’s the most famous legal structure for the business with multiple benefits such as limited liability, separate legal entity, ease in share transfer etc.

    The capital in a private limited company is the amount which shareholders are planning to introduce in the company. In a private limited company, the capital amount can be –
    •   Authorized share capital
    •   Paid up capital.

    The minimum amount of authorized share capital, with which a company can initiate the registration process, is 1 lac INR. However, there is minimum cap on limit of paid up capital.

    Just like any other company, private limited company also has a certain set of rules and guidelines which are confined in MOA and AOA.

    Memorandum of Association (MOA) and Articles of Association (AOA) are the master documents of the private limited company determining the guidelines, mutual rights and duties between directors and shareholders. MOA comprises of 6 clauses –
    • Name clause – under this the name of the company is specified. The name is selected as per the Rule 8 of Companies Act, 2013. It should not be identical to any existing company’s name or with any trademark.
    • Registered Office clause – This clause helps to determine the state jurisdiction of Registrar of Companies.
    • Object clause – In this clauses, one defines the object of the company. The object comprises of all the activities or work to be carried in the organization. The company involve in any activities outside their company’s object.
    • Liability clause – under this clause, the liability of the shareholders is defined. In case of the company limited by shared, the liability of the members or the shareholders is restricted by the amount each member has agreed to contribute.
    • Capital clause – This clauses defines the maximum number of share the company can issue

    AOA (articles of association) defines the set of rules and regulations for the management. It lays down the internal guidelines to be followed in the organization. It consist of the rules regarding the transfer of shares, an audit of the company, voting rights of the shareholders, the appointment of directors, share capital etc.

    Eligibility Criteria for Private Limited Company Registration

    Documents Required

    Pvt. Ltd. Company / One Person Company

    STILL CONFUSED?

    TAKE FREE ADVISOR CONSULTATION

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    The Documents Required for Private Limited Company Incorporation

    Comparison

    Private Limited Company One Person Company Limited Liability Partnership Partnership Firm Proprietorship Firm
    Act Companies Act, 2013 Companies Act, 2013 Limited Liability Partnership Act, 2008 Indian Partnership Act, 1932 No specified Act
    Registration Requirement Mandatory Mandatory Mandatory Optional No
    Number of members 2 – 200 Only 1 2 – Unlimited 2 – 50 Only 1
    Number of Director/Partner 2 – 15 Only 1 2 – Unlimited 2 – Unlimited Only 1
    Separate Legal Entity Yes Yes Yes No No
    Liability Protection Limited Limited Limited Unlimited Unlimited
    Statutory Audit Mandatory Mandatory Dependent Not mandatory Not mandatory
    Ownership Transfer ability Yes No Yes No No
    Uninterrupted Existence Yes Yes Yes No No
    Foreign Participation Allowed Not Allowed Allowed Not Allowed Not Allowed
    Tax Rates Moderate Moderate High High Low
    Statutory Compliance High Moderate Moderate Less Less

    How we Work?

    1

    Fill-up the form & make the payments

    2

    Expert will call you and Received all the Necessary documents

    3

    Will create DSC & the DIN Number for Director

    4

    MOA and AOA Drafting and Submit

    5

    Your documents will be filed & submitted to ROC

    6

    Congratulations!! You've registered your company. Certificates will be sent by post

    Benefits of Private Limited Company

    Liabilities of a Private Limited Company

    A private limited company must hold a board meeting annually
    File annual returns with MCA (Ministry of Corporate Affairs)
    Annual account audit by a CA is mandatory
    Private limited company requires filing the annual return with the Income Tax Department

    Each company in India has to follow a set of compliances as set by different other regulatory bodies. The ‘Company Annual Compliance’ regimes need companies to gather their business information and update the regulatory bodies such as Ministry of Corporate Affair (MCA), Income Tax Department other regulatory bodies.

    Key Highlights of Private Limited Company

    Frequently Asked Questions (FAQs)

    Starting a company is easy through Legal Vidur. All that is required are PAN card, Aadhaar card, address proof and bank statement copies of the directors along with address proof for the registered office address. A company can be started in about 10 – 15 days. If you have the necessary documents, sign up for one of our packages and have a company registered with guidance from one of our Advisors.
    Limited liability is the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a private limited company the liability of the shareholders in respect of the company’s liabilities is limited. In other words, the liability of the shareholders of a company is limited only to the value of shares taken up by them.
    Authorized capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased after incorporation at anytime to issue additional shares to the shareholders.
    To register a private limited company, a minimum of two people are required to act as directors and shareholders. The directors must be natural persons, while the shareholders can be natural persons or corporate entities. In addition, a registered office address in India is also required for company registration.
    Yes, NRIs, foreign nationals and foreign entities can register a company and invest in India, subject to the Foreign Direct Investment norms set by the RBI. However, incorporation rules in India require for one Indian national to be a part of the company on the Board of Directors.
    Any person over the age of 18 years can become a director in a company. Also, there are no conditions on residency or citizenship. Hence, NRIs and Foreign Nationals can easily start and manage a private limited company in India.
    Yes, every company registered in India must have a registered office where all official communication is sent by the MCA, governmental agencies, financial institutions, etc., The registered office of a company can be in any state of India.
    Step 1: Obtaining Digital Signature (DSC) and DPIN

    Step 2: Application of DPIN

    Step 3: Name approval

    Step 4: Form SPICe

    Step 5: e-MoA (INC-33) and e-AoA (INC-34)

    Step 6: PAN and TAN application
    Once the filing of the documents is through, the ROC calls the attorney on a specific date for scrutiny and makes the necessary changes in the MoA and AoA filed. After this is done, the Certificate of Incorporation is granted to the company.
    After the registration of the company, the following should be fulfilled:

    • Current account should be opened within 30 days of PAN registration

    • Appoint a Statutory Auditor

    • The paid-up capital should be deposited which was mentioned while registration

    • Issue and allot shares
    You need to have a minimum capital of Rs. 100,000 to start a private limited company. You need not have this amount in hand or your bank account. You can show this amount as the pre-incorporation expense of the start-up. Also, you can show the capital infused in the assets.
    Yes, for sure. You can become the director of any type of company. You need to go through the employment rules if that allows you to do so
    It is only possible if you provide sufficient proof of it. This address would be where the company receives important information (if any) from the MCA or any other concerned authorities.
    No,there are no extra charges, except Govt stamp duty and Name reservation fee are involved
    The whole process is online. So, a person needn’t go anywhere to register it. You are required to send in your documents via email and fill up our questionnaire to get it done.
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