Company Registration

Private Limited Company, the most popular legal structure for businesses, should be chosen by anyone looking to build a scalable business. Start-ups and growing businesses choose to register a company in India because it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to attract top talent. As these entities must hold board meetings and file annual returns with the Ministry of Corporate Affairs (MCA), they tend also to be viewed with more credibility than a Limited Liability Partnership (LLP), One Person Company (OPC), or General Partnership. At here we are continuously available to help you understand how to register a private limited company. All such businesses must have at least two directors and shareholders on inception.

Private company registration in India is formed by minimum two persons as shareholders having the following features:

-Name of the company/ venture ends with the words ‘Private Limited’

-Minimum paid up capital INR 1,00,000 -Minimum two Directors

-Maximum number of members is limited to 15 -Restriction for transfer of shares

-Prohibits invitation to the public to subscribe shares of the company

-Prohibits acceptance of deposit from the public.

Documents Required for Company Registration

TO BE SUBMITTED BY DIRECTORS & SHAREHOLDERS

• Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
• Scanned copy of Voter’s ID/Passport/Driver’s License
• Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
• Scanned passport-sized photograph
• Specimen signature (blank document with signature [directors only])

Note: Any one of the directors must self-attest the first three documents. In case of foreign nationals and NRIs, all the documents must be notarized (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).

FOR THE REGISTERED OFFICE

• Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
• Scanned copy of Notarized Rental Agreement in English
• Scanned copy of No-objection Certificate from property owner
• Scanned copy of Sale Deed/Property Deed in English (in case of owned property)

Note: Your registered office need not be a commercial space; it can be your residence, too.

Advantages of a Private Limited Company

Limited Liability

The directors’ personal property is always safe in a private limited company, no matter the debts of the business.

Investment-ready

Venture capitalists and private equity funds are unlikely to invest in any other structure.

Easy Debt Access

A private limited company has the option of issuing debentures and convertible debentures.