Private Limited Company Registration
Get Started – From Rs. 13,500/- (incl. Govt. Fees)
*Prices are higher in Madhya Pradesh, Kerala and Punjab
Private Limited Companies are those types of companies where a minimum number of two members are required and can have a maximum of two hundred members. Private Limited Company is the most popular legal structure for businesses. Start-ups and growing companies prefer it on grounds that it allows outside funding to be raised easily, limiting the liabilities of its shareholders and enabling them to offer employee stock options to pull in top talent.
A private limited company registration has every benefit of a partnership like flexibility, greater capital contribution and enhanced abilities, etc to offer combined with limited liability, greater stability and legal entity. If your idea needs funding and in future you have the plan to grow big and expand, then proprietorship and partnership cannot provide the right support that your business needs.
Startup Process Time:
AuditNeeds can incorporate a Private Limited Company in any part of India in 10 to 14 working days, subject to ROC processing time and timely submission of relevant documents by the Client.
Inclusion:
- DIN.
- Digital Signature.
- Name Approval
- Drafting of MoA & AoA.
- Preparation of other documents and declarations required for incorporation.
- ROC and Government registration fees for DIN, DSC and Incorporation.
- Government Stamp duty fees.
- Company PAN card & TAN card
Minimum Requirements for Private Limited Registration:
- Minimum 2 Shareholders
- Minimum 2 Directors
- Minimum Rs. 1 Lakh Share Capital
Documents Required For Private Limited Registration:
For Indian Nationals:
- Copy of PAN card of all directors and shareholders.
- Copy of Voter’s ID / Passport / Driver’s License / Aadhar Card of all directors and shareholders. (Any 2)
- Passport sized photograph of all directors and shareholders.
- Copy of latest bank statement / telephone or mobile bill / electricity bill in the name of all directors and shareholders (Should not be older than 40 days).
- Copy of Rental agreement of office address. (Format will be provided by us)
- Copy of latest electricity bill and tax receipt in the name of landlord of office address.
For Foreign Nationals:
- Passport
- Address Proof like Driving license, etc
- Photo ID proof (Any government license or document containing Name in full, Photo and Date of Birth).
Note: The above documents needs to be notarized / certified by the Indian Embassy / Consulate of the particular country
Advantages of Private Limited Company:
- Separate Legal Entity.
- Limited Liability.
- Continuous Existence.
- Better Borrowing Capacity.
- Easy Transferability of Shares.
- Capacity to sue and be sued.
Choose the Best Entity
Private Limited Company | Proprietorship | Partnership Firm | One Person Company | Limited Liability Partnership | Public Limited Company | |
---|---|---|---|---|---|---|
Governed By |
Companies Act 2013 | None | Indian Partnership Act 1932 | Companies Act 2013 | LLP Act 2008 | Companies Act 2013 |
Ownership |
2 to 200 shareholders (Family & Close Friends) | One Person | 2 to 20 Partners | One Person | 2 to any number of Partners | 7 to any amount of Shareholders (Public) |
Liability |
Limited | Unlimited | Unlimited | Limited | Limited | Limited |
Growth Prospects |
High | Low | Moderate | Low | High | Very High |
Recommend For |
Start ups and growing Companies | Small traders & manufacturers | Family & Friends Business | Solo Promoters | Professional Service Firm | Large Scale Business |
Income Tax Rate |
30% | Slab Rate | 30% | 30% | 30% | 30% |
Statutory Compliance |
High | Very Low | Low | Moderate | Moderate | Very High |
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