What is Private Limited Company Incorporation Overview
Private Limited Company is the most popular corporate entity that is registered extensively in India. It is governed by the MCA (Ministry of Corporate Affairs) and regulated by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. Meraprofit can help you with company registration across India at a very competitive price. We will help you with company formation procedure and new company formations procedure. All the company registration information will be given to you by our experts.
Process for Private Limited Company Incorporation
Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.
01
Step 1
Application for DSC (Digital Signature Certificate) & Apply for DIN (Director Identification Number)
02
Step 2
Application for the name availability
03
Step 3
Filing of the eMoA and EAOA to register private limited company
04
Step 4
Apply for the PAN and TAN of the company
05
Step 5
Issue certificate of incorporation by RoC with PAN and TAN
Documents Required For Private Limited Company Incorporation
- Copy of PAN Card of directors
- Passport size photograph of directors
- Copy of Aadhaar Card/ Voter identity card of directors
- Electricity/ Water bill (Business Place)
- Copy of Property papers(If owned property)
- Landlord NOC (Format will be provided)
- Copy of Rent agreement (If rented property)
Benefits Of Private Limited Company Incorporation
- Limited Liability Protection to Directors personal assets
- Better image and credibility in Market
- Easy to raise funds and loans
- It is flexible and has limited liability
- Greater capital contribution and greater stability
- Possibility to grow big and expand
- Favorite Business structure for Investors
- Easy to attract Employees
- Easy to Sell
Checklist /Minimum requirement for Private Limited Company Incorporation
- Minimum 2 Shareholders
- Minimum 2 Directors
- The directors and shareholders can be same person
- One of the Directors must be Indian Resident
- Minimum Authorised Share Capital 100,000 (INR One Lac)
- DIN (Director Identification Number) for all Directors
- DSC (Digital Signature Certificate) for 2 Promoters & 1 witness