Private Limited Company is the most popular structure for businesses and startups. Private Limited Company allows outside funding & Foreign Direct Investment easily. Private Limited Companies are required to hold Board Meetings,Register Secured Loans with Ministry of Corporate Affairs,Hold Members Meeting for Important matters,Make complete disclosures about important matters in their Board Report. Due to all these regulatory disclosures and requirments imposed on Private Limited Company by Company Law they tend to be viewed with more credibility than a Limited Liability Partnership (LLP), One Person Company (OPC), or General Partnership.
Incorporation of Private Limited Company
Following are the steps involved in Incorporation of a Private Limited Company in India:
Obtaining Digital Signature:
Digital Signature is required to sign Incorporation application and other forms for regular compliance needs,It is issued by certifying authority (like Sify, ncode etc.). Following are the documents required for obtaining Digital Signature for Directors:
1.) For Indian citizens & residents:
a.) Copy of Pan Card
b.) Copy of Driving license/Passport/Aadhar Card/Voters’ Identity Card
c.) Dully filled and signed Digital Signature Form.
2. For Foreign Nationals:
a.) Copy of Notarized or Appostilled Passport if the country is a party to Hague convention.
b.) Dully filled and signed Digital Signature Form.
Documents Required for Private Limited Company Registration :
1.) For Indian citizens & residents:
a.) Copy of Pan Card
b.) Copy of Driving license/Passport/Aadhar Card/Voters’ Identity Card
c.) Latest Bank statement not older than 2 months
2. For Foreign Nationals:
a.) Copy of Notarized or Appostilled Passport if the country is a party to Hague convention.
b.) and Address proof
Name of Private Limited Company :
Name of Private Limited Company should be unique that it should not be identical to the name of Existing company or LLP or Trademark in the business class of the company should not be registered or applied in India. We need to search the name thoroughly so that chances of name rejection becomes very low and we get the company approved in the first instance.
Drafting and Signing of Incorporation of Documents :
Now incorporation documents are required to be prepared and are required to be signed by all the Directors and Subscribers of the proposed Company.
Filing of Incorporation Application with Registrar of Companies:
Once all the documents are signed , a incorporation form is required to e filed with ROC, after uploading and payment of required stamp duty and government fee the incorporation form is accessible to ROC and ROC checks the forms and if everything is allright including name of the Company, the Company is approved by the ROC.
Once the company incorporation form is approved by ROC we get the certificate of incorporation of the Company and company is registered
PAN and TAN:
We will get the PAN and TAN no along with Certificate of Incorporation of Company.
Pricing for Registration :
Govt Stamp Duty : 1010 ( with 1 Lakh Capital ), Notery and Stamp on Declaration form Rs. 90 , Rs. 700*2= 1400 for DSC and Rs. 5000/- Professional Fee
Total Charges : Rs. 7500/-
Place your request for Company registration with Fastlegal or call at 9782280098
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