What is Private limited company?
Private Limited Company is considered to be one of the most established and admired composition of an legally authorized corporate body in the Indian subcontinent . The process of registration of Private limited companies is scrutinized by the Companies Act, 2013 in addition to the Companies Incorporation Rules, 2014. The registration process of a private limited company, needs atleast two shareholders and plus two directors. For instance an ordinary person can play the role of a director and as well as a shareholder, where else a corporate legal unit can only be a shareholder. Furthermore, only foreign nationals, foreign corporate entities or else NRIs will be the only ones acceptable as Directors or Shareholders of a Company with Foreign Direct Investments (FDI’s) , building it the ideal choice of entity for overseas entrepreneurs.
Thus , a Private Limited company can also be defined as an entity which offers limited liability as well as legal protection for its shareholders but places certain limitations on its ownership . These restrictions are laid down in the company's bylaws or regulations and are meant to avoid any antagonistic takeover endeavor.
Private limited company provides exclusive advantages like restricted liability to shareholders, capability to inflate equity resources , a distinct legal unit rank and everlasting continuation making it one of the most suggested category of business unit for a large number of tiny and average businesses managed by a family owned unit or a group of executives.
Newly inaugurated and emerging companies holds an eye of favor for private limited company because it permits external financial support to be raised effortlessly, restricts the liabilities of its shareholders and allows them to offer employee stock options to pull in top talent.
Sujata Associates recommended by thousands of the professionals composed of proficient lawyers, accountants and other professionals who are dedicated to our organization help people to avail our wide range of services like private limited company registration, one person company registration, LLP Registration, Partnership Registration , Proprietorship Registration GST registration and many more which can be accessed through Sujata Associates official website
Steps to Incorporate PVT LTD Company Registration Online
Step 1. Application for Director Identification Number (DIN) in form DIR-3 & DSC (Digital Signature Certificate)
The necessarystep to register your startup Company involves download of Digital Signature form. As the application For Pvt Ltd Registration Delhi is filed online with Digital Signatures of the director, hence the process starts with the issuance of the digital signature.You have to apply for the DIN of all the designated partners or those intending to be designated partner of the proposed LLP. Earlier partners had to apply for DPIN (Designated Partner Identification.
You have to apply for the DIN of all the designated partners or those intending to be designated partner of the proposed LLP. Earlier partners had to apply for DPIN (Designated Partner Identification.
Step 2. Search for the Company Name availability
The third step of startup company registration involves filling of INC 1 form by Ministry of Company Affairs. Name of each company or LLP must be unique, new and should not be same or similar to an already registered company, LLP or a Trademark. After the DSC and DIN allotment, an application is made to the ROC for approval of name;
Step 3. Application for the Name availability
The name should applied online through our website.
Step 4. Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)
The fourth step involves submission of Form 32 (application for company details with PAN & TAN), Form 33 (MOA) and Form 34 ( AOA). On successful submission of these three forms Certificate of Incorporation will be issued by MCA.However, only one name can be suggested in the spice form. The certificate of incorporation is the conclusive proof of the registration of the company. On successful submission of these three forms Certificate of Incorporation will be issued by MCA.
Step 5. Filing of e-forms with RoC (Registrar of Companies)
Step 6. Payment of RoC Fees & Stamp Duty
Step 7. Verification of documents / forms by RoC
Step 8. Issue of Certificate of Incorporation by RoC
2.Election Card or Voter Identity Card.
Registration process of Private Limited Company
There are different steps involved in the company registrationwhich should be kept in your mind.For all the companies it is mandatory to accept the rules and regulations of registration in order to make their company activities protected as well as flexible to the consumers.
Private Limited Company Registration Services
As declared by the corporation’s act of 1956, each and every company would require to follow every one of the parts of the identical companies act if they want to carry on with their business without anyconflicts. .Under the process of company registration,there’re a exists a series of rules as well as methods.. All of you who are seeking a lawful agency for trade incorporation and company conglomerate do not hesitate in contacting us. Sujata Associates are going to offer you worthy services and bring your dreams true.