PRIVATE LIMITED COMPANY
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.
Easy Transferability
As the ownership of a company is represented by shares, the ownership of a company can be transferred to any other legal entity or person in India or abroad easily - in part or whole. The directors can also be replaced to ensure business continuity.
Limited Liability
A private limited company provides limited liability protection to its shareholders. In case of any unforeseen liabilities, it would be limited to the company and not impact the shareholders.
Funding
A company can raise equity capital from persons or entities interested in becoming a shareholder. Entrepreneurs can raise money from angel investors, venture capital firms, private equity firms and hedge funds.
Separate Legal Entity
A private limited company is recognized as a separate entity legally with perpetual existence. It can have a PAN number, bank accounts, licenses, approvals, contracts, assets and liabilities in its unique name.
Documents Required - Each Partner
Directors
- Digital Signature
- PAN for Indians & Passport for Foreigners ( mandatory)
- Aadhaar
- Passport/Driving license/Voters id (Bank statement with address – not older than 2 months
- Telephone bill or mobile bill with address ( not older than 2 months)
- If promoter is foreign national the id proof and address proof need to be attested by the respective consulate
Registered Office
- Building tax receipt/ ownership certificate
- Utility bill (gas bill, phone bill with address)- not older than two months
- NOC / rent agreement
Other Details
- Main Object
- Name
- Authorized Capital & Paid-up Capital
- Ratio of share between partners
- Email ID
- Promoter’s Educational Qualifications
- Phone number
- Duration of stay at present residential address
Packages
Basic Package
(For capital upto 10 Lakhs)
- DIN for 2 Directors
- Digital Signature Token for 2 Promoters
- Company Name Approval
- MOA + AOA
- Incorporation Certificate
- New Incorporation Kit
- Customized Incorporation Master File
- Company PAN Card
- Company TAN/TDS Number
- GST Registration
- PF & ESI Registration
- Bank Account Opening Document Support
Premium Package
(For capital upto 10 Lakhs)
- DIN for 2 Directors
- Digital Signature Token for 2 Promoters
- Company Name Approval
- MOA + AOA
- Incorporation Certificate
- New Incorporation Kit
- Customized Incorporation Master File
- Company PAN Card
- Company TAN/TDS Number
- GST Registration
- PF & ESI Registration
- Bank Account Opening Document Support
- MSME Registration
- Logo design
- Professional consultation
*Cost of Stamp paper as per Government rules
Deliverables
Minimum Requirements
Deliverables
- DIN for2 Directors
- Digital Signature Token for 2 Promoters
- Company Name Approval
- MOA + AOA
- Incorporation Certificate
- New Incorporation Kit
- Customized Incorporation Master File
- Company PAN Card
- Company TAN/TDS Number
- GST Registration
- PF & ESI Registration
- Bank Account Opening Document Support
Minimum Requirements
- Minimum 2 Shareholders
- One of the Directors must be Indian Resident
- Minimum 2 Directors
- Minimum Authorised Share Capital 100,000(INR One Lac)
- The directors and shareholders can be same person
- DIN (Director Identification Number) for all Directors
Basic Package
(For capital upto 10 Lakhs)
- DIN for 2 Directors
- Digital Signature Token for 2 Promoters
- Company Name Approval
- MOA + AOA
- Incorporation Certificate
- New Incorporation Kit
- Customized Incorporation Master File
- Company PAN Card
- Company TAN/TDS Number
- GST Registration
- PF & ESI Registration
- Bank Account Opening Document Support
Premium Package
(For capital upto 10 Lakhs)
- DIN for 2 Directors
- Digital Signature Token for 2 Promoters
- Company Name Approval
- MOA + AOA
- Incorporation Certificate
- New Incorporation Kit
- Customized Incorporation Master File
- Company PAN Card
- Company TAN/TDS Number
- GST Registration
- PF & ESI Registration
- Bank Account Opening Document Support
- MSME Registration
- Logo design
- Professional consultation
