Online Private Limited Company Registration In India

A private limited company registration is the most popular business entity in India, this is the best form to start your business. There are many advantages of a private limited company in India and the main advantage is that it is easy to get financial support from the banks or institutions and it is easy to get benefits under several schemes introduced by the Government of India for small or startups businesses. To register the company minimum 2 persons are required as director and shareholder, and maximum 15 persons can be appointed as a director in the company whereas maximum 200 persons can be the shareholder in the company. The director can be only an individual whereas the shareholder can be any person whether individual or an artificial person including a Limited Liability Partnership. The private limited company is easy to incorporate as well as maintain in comparison to the public limited company, and to start the company there is no minimum capital requirement as well, anyone can register a private limited with any amount of capital. It has a separate legal entity and has its own identity therefore, it can hold, buy, sell, or deal in any way in the properties including land, building, trademark, copyright, patent etc. To retain the status of an active company and to enjoy several benefits, the company has to do certain mandatory annual compliance every year within the prescribed time limit to avoid penalties and other consequences.

Documents Required:
Shareholder/ Director

• Photo
• PAN card
• Aadhaar card
• Id proof (passport/ driving license/ voter id); anyone
• Address proof (bank statement/ electricity bill/ mobile bill/ telephone bill); anyone but should be latest
  

For Registered Office Address

• If owned then sale deed or house tax receipt, if rented then rent agreement
• Utility bill (electricity bill/ mobile bill/ telephone bill/ gas bill); anyone but should be the latest.
• NOC from the owner of the property.

Procedure To Register Private Limited Company:

• Name Reservation: A name reservation application shall be filed first to start the online company registration process because it is very important to reserve the name for the company. The name of the company is its identity therefore it should be unique and the same should be approved by the registrar so that the business can be started without any legal issue.
• DSC & DIN: There should be at least 2 directors and shareholders in the company (both can be the same as well as a different person), and every person must have DSC to sign the forms. The DIN application is submitted to the registrar along with the company registration form and it is allotted at the time of issuance of the certificate of incorporation.
• Preparation & Signing Of The Documents: Once the name is approved by the registrar it will be reserved for 20 days only and the registration process must be completed in these 20 days. After name approval, the documents shall be drafted and the same shall be signed by the directors and shareholders of the company.
• Submission Of Final Form: After completion of all documentation the final form for company registration shall be prepared and all the information and documents shall be attached in the form and after signing it with DSC it will be submitted to the registrar of companies for their approval and if they are satisfied with the information and documents they will issue a certificate of incorporation.

Also Read:- Private Limited Company vs One Person Company