Private Limited Company Registration
What is Private Limited Company?
Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors. In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority. It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.
Eligibility For Private Limited Registration In India
To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.
Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium-sized businesses that are family owned or professionally managed.
SIMPLE & TRANSPARENT PRICING
Private Limited Company Incorporation
- Private limited company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates and company kit.
- GST Registration
- GST Compliance For 3 Months
How Does it Work?
Name Approval Of Company
MOA & AOA of Company
PAN, TAN & GSTIN
Frequently Asked Questions
At least two directors are required for Private Limited Company registration. The maximum directors can be 15. If you are the sole owner, you can register as a One Person Company.
Any individual/organization can become the director of PLC including foreigners/NRI’s. However, the individual must 18+ above in terms of age and should have a valid PAN card.
Our procedure is 100% online which means there is no compulsion for you to be present at our office physically. A scanned copy of documents can be sent to us via email or upload to your panel, and we will handle the rest. You will get the company incorporation certificate from MCA via courier at your business address.
We do not have any hidden charges. Our system is quite transparent. After making your payment, we will send you an invoice that is all-inclusive, with no hidden charges. Our team provides you support till you get your PLC bank account.
You need to have a bank account with a minimum balance, which could be as little as Rs. 5000. You need not invest any more capital in starting the business. You needn’t even deposit this amount to the bank. You can also show that the capital has been utilized as the pre-incorporation expenses of PLC e.g, PLC registration expenses. You can also show this capital has been infused in form of assets such as computers etc.
Yes, On the basis of the passport and attestation of the embassies, NRIs/Foreign Nationals can be appointed as a director. At least one Indian resident director is mandatory in each company.