Private limited Company Registration

Guide To Private Limited Company Registration In India

Private Limited Company is one of the most popular structure among entrepreneurs because of its limited liability protection. Which means that in a Pvt. Ltd. Company the personal assets of owners are secured even when the company is in debt or is sued. It is very beneficial to register private limited company.

Another advantage that a Pvt. Ltd. Company offers you is separate legal entity, which means that the company can enter into contracts, own property, and can sue or be sued at the same time. Because of this the business gets more protection which is beneficial for attracting investors, customers, and partners.

To register private limited company online provides you several benefits, and it is an important step towards establishing a successful business. It also provides your business a legal framework which makes it easy for you to operate your business. Registration also helps in making your business trustworthy in front of the investors and customers.

Is there any pvt ltd company registration fees?

For the best pricing details, contact LegalDev. You can visit our website legaldev.org or can mail us at info@legaldev.in and our experts will contact and guide you through a transparent and cost-effective registration process.

Private-Limited-Company

Benefits of Pvt. Ltd.

  • The first benefit a Pvt. Ltd. Firm offers is limited liability that means any personal asset of owner is not at risk.
  • The company is a separate legal entity.
  • Pvt. Ltd. Company have to several tax benefits such as low corporate taxes, exemptions and deductions.
  • A Pvt Ltd company registration in India has easy access to capital through issuance of shares, attracting potential investors, and enhancing fundraising opportunities.
  • This also allows to facilitate easy transfer of shares.
  • Enhances the professional image of the business, and helps in building trust among customers and investors.
  • Have better access to bank loans and financial benefits as compared to unregistered businesses.
  • Allows high benefits to the employees which helps in attracting top talents.
  • Adhering to statutory regulations ensures legal compliance, creating a structured and accountable business environment.
  • Private Limited Companies offer an advantageous framework for international growth, attracting global clients and investors. These benefits together enhance the growth, stability, and credibility of a Private Limited Company, making it a preferred choice for entrepreneurs and businesses in India.
Private-Limited-Company

Documents and Procedure

Steps to take after registering a Pvt. Ltd.

When you register Pvt Ltd company in India there are several crucial steps to follow to ensure smooth operations. First, obtain a Permanent Account Number (PAN) and a Tax Deduction and Collection Account Number (TAN) for your company. Next, set up a dedicated business bank account to manage your finances separately from personal accounts. If your business meets the turnover threshold or engages in inter-state sales, apply for Goods and Services Tax (GST) registration. It's also important to identify and comply with any industry-specific regulations that may require additional licenses or permits. Finally, familiarize yourself with ongoing statutory compliance obligations, such as filing annual returns and holding board meetings. Taking these steps will establish a solid foundation for your company's operations, facilitating smooth financial transactions and ensuring adherence to legal requirements for lawful business functioning.

Private-Limited-Company

Comprehensive Guide to SPICe+ Registration

SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) revolutionizes the company registration process in India by offering a streamlined, integrated online form developed by the Ministry of Corporate Affairs (MCA). This comprehensive tool not only facilitates company incorporation but also encompasses various related services, making it a one-stop solution for new businesses.

The SPICe+ form consolidates multiple functions into a single application. It combines the original SPICe form, which is focused on company incorporation, with AGILE-PRO, which aids in obtaining GSTIN, ESIC, and EPFO registrations. Additionally, it includes URC-1, enabling the appointment of a Resident Director. This integration simplifies the process, allowing entrepreneurs to manage all necessary registrations efficiently.

Available for a diverse range of business structures, including private and public companies, One Person Companies (OPC), and Section 8 companies, SPICe+ is designed to cater to various entrepreneurial needs. By simplifying these regulatory requirements, SPICe+ empowers new ventures to focus on what truly mattersā€”launching and expanding their businesses in the competitive market.

Documents Required for Filing SPICe+

  • 1. Director Identification Number (DIN): DIN for all proposed directors.
  • 2. Digital Signature Certificate (DSC): DSC for each proposed director.
  • 3. Name Approval: SRN of the approved name reservation.
  • 4. Memorandum of Association (MoA) and Articles of Association (AoA): Drafted and signed by the promoters.
  • 5. Affidavit and Declaration:

    • - Affidavit from subscribers and first directors regarding non-acceptance of deposits.

    - Declaration by professionals involved in the incorporation.

  • 6. Proof of Office Address: Utility bill or rental agreement for the registered office.
  • 7. Consent to Act as Director: Consent to act as a director in DIR-2.
  • 8. Affidavit of Non-Acceptance of Deposits: Declaration confirming that the company has not accepted deposits.
  • 9. Proof of Identity and Address: PAN card and Aadhar card of all directors.
  • 10. Common Seal (if applicable): If the company opts to have a common seal.
  • 11. Utility Bill: Proof of the registered office address.
  • 12. DIR-2 Form: Consent of directors to act as directors.
  • 13. AGILE-PRO Form: Application for GSTIN, ESIC, and EPFO registrations.
  • 14. Board Resolution: Resolution authorizing the incorporation of the company.

Why choose LegalDev?

At Legal Dev, we make the process of private limited company registration straightforward and efficient. Hereā€™s how we ensure a seamless experience for our clients:

  • 1. Professional Guidance: Our knowledgeable team provides thorough support, guiding you through every step of the private limited company registration process.
  • 2. Document Preparation: We carefully prepare all necessary documents, such as the Memorandum of Association (MoA), Articles of Association (AoA), and consent forms, ensuring they meet regulatory standards.
  • 3. Name Approval Help: We assist you in selecting a unique and compliant name for your business, managing the submission for approval and securing quick reservation through the MCA portal.
  • 4. Digital Signature Certificate (DSC): Our team efficiently acquires Digital Signature Certificates (DSC) for all directors, a crucial requirement for electronic filing.
  • 5. Director Identification Number (DIN): We handle the DIN application process, quickly obtaining unique identification numbers for your directors.
  • 6. Filing SPICe+ Form: Our experts manage the filing of the integrated SPICe+ form, covering company incorporation, GSTIN, ESIC, EPFO registrations, and moreā€”all in one step.
  • 7. Timely Submission: We ensure that all required forms are submitted promptly on the MCA portal to avoid any delays.
  • 8. Thorough Verification: Our rigorous document verification process guarantees compliance with all regulatory requirements.
  • 9. Clear Pricing: We offer competitive and transparent pricing, providing cost-effective solutions tailored to your registration needs.
  • 10. Post-Registration Assistance: Our support continues after registration, helping with tasks such as PAN and TAN applications and setting up a business bank account.
  • 11. Easy Online Process: Experience a hassle-free online registration process as our experts navigate the digital landscape for you. Trust Legal Dev as your partner in registering your private limited company. Visit legaldev.in to discover more and begin your easy online registration journey today!

Conclusion

With the dedicated team, LegalDev provides you comprehensive support throughout the Pvt. Ltd. Company registration process. Our team have experts with years of experience and knowledge, which ensures that all the requirements are met efficiently.

We also offer step-by-step guide to our clients, addressing all the concerns that they have. We deliver high quality services which helps in maintaining the trust among our clients and it also helps in building a long-term relationship with them. Contact us today to make your Pvt. Ltd. Registration process smooth and hassle free.

Let's Clear All The Doubts !

To register a Private Limited Company India, you need a unique company name, a minimum of two directors, a minimum of two shareholders, a registered office address, and necessary documents such as identity proof and address proof of directors.

The registration process typically takes 7 to 15 working days, depending on the completeness of your documents and the efficiency of the government processing.

Yes, to Register Private Limited Company India, you must have a registered office address where all communications and notices can be sent. This can be a rented space, owned property, or even a virtual office.

After registration, you will need to apply for a PAN and TAN, open a business bank account, and ensure compliance with ongoing statutory requirements such as filing annual returns and conducting regular audits.

Legal Dev offers comprehensive support throughout the pvt ltd company registration process. Our team also helps you in gathering Pvt Ltd company registration documents, filing forms, obtaining DSC and DIN, and providing post-registration assistance, ensuring a smooth and hassle-free experience.