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Online Private Limited Company Registration: How to get it done?
The most popular type of business registration in Delhi is the formation of a private limited company, an Industry expert says. A private limited company, unlike a sole trader or a partnership, is a legal entity in its own right. However, forming a private limited registration requires a minimum of two shareholders. The provisions of the Companies Act of 2013 regulate it.
The first and most crucial step in forming a private limited company in Delhi is to choose a name and have it approved by the authorities. Before incorporating, you can reserve the name by filling out the Reserve Unique Name (RUN) Form. Once the name has been approved, the remaining formalities must be completed within a certain time frame.
The documents required for the structure of a pvt ltd company registration online are the identity document and proof of directors’ address, proof of address of the company’s registered office, lease agreement if the site is rented, and even the residential address can be registered office address. and all other documents must be prepared by your coordinator. The whole merging process takes approximately 15-20 working days.
India’s Pvt Ltd Company Registration Requirements
- A private limited registration needed a minimum of 2 shareholders and two directors to start a company
- A private limited company’s directors and shareholders can be the same people.
- A resident of India must be at least one of the company’s directors
- The required minimum capital is not a requirement.
- A Digital Signature Certificate (DSC) and a witness are required for two promoters.
- You’ll need a Director Identification Number for each director.
Documents Needed to Register a Business
To form a private limited company in India, you only need to submit a few simple documents. The following are the necessary documents as per Industry experts says
Director’s important Documents for Registration of Private Limited Company today:
- Directors’ PAN Card
- Directors’ Adhaar Card/Voter ID
- Directors’ email addresses and phone numbers
- The bank statement and electricity bill have been updated.
Registrar’s Office documents for Registration of Private Limited Company:
- Electricity bill of proposed office.
- A letter of authorization (NOC) or a lease agreement (Lease).
- If there is any additional proof of ownership, do deliver it
- The documents listed above must be provided by you for your company to be registered.
Simple steps to the Private Limited Company Registration Process
- Step 1:- Verify your documents and have a thorough discussion with a company registration expert. In this, our professional will be of great assistance to you.
- Step 2:- After the documents have been confirmed, we will proceed to the creation of digital signatures. For company incorporation, every director must have a digital signature.
- Step 3:- After the DSC has been formed with directors and other members, professionals must draft an application and other supporting documents.
- Step 4: After completing the application, it must be submitted to the MCA department together with the required fees. MCA would give their clearance after proper verification.
Post Register pvt ltd Company Online Formalities
- Corporate Stationery
The company must acquire business staff to use them in matters of compliance with company rules. - Name Board
Companies are required to affix the Company name and location of its registered office outside each office. - Letterhead
Companies must publish the name and address of the registered Company office on all labels, receipts, notices, and other official records of the Company. - Share certificates
Companies must issue stock certificates to all contributors within two months from the date of establishment. - Legal register
All companies are required to maintain an official Company register containing information such as members ‘register, directors’ list, costs, loans, and other matters relating to shareholders and the management of the Company. - Appointment of Auditor
Following the merger of the company, it requires the Board of Directors to appoint the Company’s first auditor, Chartered Accountant within 30 days of construction.
How long does it take to register pvt ltd company registration in India?
For the formation of a pvt ltd registration, there is no set timeline. It all depends on the documents you submit and the incorporation forms you fill out.
When it comes to DSC and DIN, it takes a minimum of 1-2 days, while name approval is dependent on the government and takes an average of 2-3 days. As a result, it should take you no more than 10 days to complete the entire process of forming a private limited company
Pvt ltd registration Non-Compliances
If a company fails to comply with the Companies Act’s rules and regulations, the company, as well as every officer who is in default, will be fined for the duration of the failure.
If there is a delay in filing, there is an extra fee that must be paid. And it continues to rise as the period of non-compliance lengthens. It should be noted that some Annual Filing Forms can be updated, but the fees for a subsequently revised file, presuming it is a new filing, will be charged. Compliances of a pvt ltd company registration in india must be observed for the company to run smoothly.
What does our Package provide?
We have the most exciting private limited registration package available, which is more suited to your business needs:
- Certificate of company incorporation
- Consultation on trademark registration - Free
- Directors' 2 DIN and 2 DSC
- Certificate of Directors' Shares - Free
- Submission of the MOA and AOA paperwork.
- Spice+ form
- PAN and TAN application
- GST Registration– Free
- Registration of a Provident Fund - Free
- Registration of a small business.– Free
- Registration with the ESIC - Free
Points to Remember Before Establishing pvt ltd company registration in India
Once you are convinced of the fact that it is the type of private business that your business needs, you should be prepared for the same. The following points should be kept in mind before private limited company registration process :
- The company name is the first and most important thing to take as it may take some time for the company to be registered if the promoters do not come up with a unique and valid name.
- The second point to keep in mind is the things that will take place within the confines of their privacy. The items are contained in the Private Limited memorandum and are divided into two parts – main items and other items;
- The third point of interest is about the location of the company. It is very important to find a registered Private Limited office where all the activities of the company can be managed. A well-planned and well-planned location of Private Limited may attract more customers, thus adding to the profitability of the business;
- The following is the said authorization fee for which Private Limited will be registered. The authorized capital is the declaration of shareholders about their contribution to the company. Before going to company registration, one should know the complete checklist for Company Registration in India.
- A private company may be limited by shares or limited by debt. Now, we have a provision in the Companies Act, where Private Limited can be registered without any fees.
- Then there is the finalization of the shareholders and the Board of Directors of the company. The directors are the directors of the company and the shareholders are the promoters who invest in Private Limited. Both directors and shareholders can be the same person for private limited companies.
- The last thing Private promoters will remember is about owning shares owned by one of them. Specifies the power of each promoter over the income and flings of the private company.
FAQ'S
What are the requirements to register pvt ltd company online?
Is it possible to form a private company with a home address?
Is it necessary to register a private company?
What is the fee for online private limited company registration?
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