Private Limited Company

Starting a private limited company can be a complex and expensive process, but with our solution, we aim to remove the financial barriers and make it accessible to aspiring entrepreneurs and small businesses. Our team of experienced professionals will guide you through each step of the incorporation process, ensuring that all legal requirements are met efficiently.

Our cost-effective package covers all the essential aspects of incorporating a private limited company, including drafting the necessary documents, obtaining the Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs), preparing and filing the incorporation forms, and acquiring the Certificate of Incorporation.

By choosing our service, you can unlock a range of benefits associated with a private limited company structure, such as limited liability protection, easy access to funding and investments, credibility with customers and suppliers, and favorable tax advantages.

We understand that budget constraints should not hinder your entrepreneurial aspirations. That's why our aim is to make the private limited company incorporation process affordable and hassle-free, so you can focus on building your business. We leverage technology and streamlined processes to minimize costs without compromising on the quality and accuracy of our services.

At every stage, our team will work closely with you, providing personalized support and addressing any queries or concerns you may have. We pride ourselves on delivering exceptional value, ensuring that you receive a high-quality incorporation service at a fraction of the cost typically associated with such services.

Start your entrepreneurial journey on a strong foundation, without the burden of excessive expenses. Incorporate your private limited company with us, and let us handle the paperwork, legal requirements, and complexities, while you concentrate on realizing your business vision.

Take advantage of our lowest-cost package for private limited company incorporation today and set your business up for success!

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A Summary

What is a Private Limited Company?

A private limited company is a business that is owned only by individual shareholders. In this situation, the shareholders' responsibility is restricted to the number of shares they own under the limited partnership liability arrangement.

There is a need to be familiar with the various business registration kinds, such as sole proprietorship, limited liability company, and private limited company, as the startup ecosystem is expanding across the nation and more and more people are eager to start their own firm.

Section 2 (68) of the Companies Act, 2013 defines a private company as:

“A Company having a minimum paid-up share capital as may be prescribed, and which by its articles,— (i) restricts the right to transfer its shares; (ii) except in case of One Person Company, limits the number of its members to two hundred; (iii) prohibits any invitation to the public to subscribe for any securities of the company.”

When it comes to investing in long-term strategy, maintaining the secrecy of their share prices and financial information, freedom, and operational flexibility, private enterprises outperform public ones.

The best way to register a company is through private limited company incorporation.

We assist you in registering your Private Limited Company. Do you believe that registering a company is a difficult task? Not at all; Complynest Now experts provide Private Limited company registration services, which makes it extremely simple to register a Private Limited firm.

The private limited company, which may be created online, is the most popular and widely used type of corporate legal entity in India. Private limited company registration is governed by the Companies Act of 2013. To be registered, a private limited company needs a minimum of two shareholders and two directors. The easiest way to form a private limited company is with Complynest, the most respected company compliance solution in India. Due to the fact that it is a registered corporate structure, it complies with the requirements for forming a private limited company.

Advantages of Private Limited Company Registration Online in India

Starting a private limited company provides many benefits.

Following are some of them:

The officially registered private limited company enhances the credibility of your business.
It protects the owners from other risks and losses and helps from personal liability
Attracts more customers
Ease in getting bank credits or loans
Provides limited liability to maintain and develop your company and its assets
More attractive stability and greater funds supplement
Increase the potential to develop big and expand

Here are some of the advantages of Private Limited Company Registration Online in India in detail

Credit Availability

Both the shareholders and the holders of the unsecured bond may contribute money to a private limited corporation. This kind of business is viewed as a corporate entity that attracts several venture capitalists and angel investors that assist and aid the firm in raising further funding and growing their enterprise.

Perform Globally

Private limited corporations encourage foreign direct investment, but other forms of businesses require the required licence, liaison, and administrative recognition for international investment.

Limited Liability

The liability of the directors or members of a private limited company is restricted to their share contribution since the private limited company is a separate legal entity.

Increased Value In Marketplace

When compared to non-registered ones, a registered business incorporation online is more reliable. The official website of the Ministry of Corporate Affairs is where you can get all the information you need for the registration of private limited businesses.

Investors, vendors, and suppliers choose registered private limited corporations over other business entities, which enhances the company reputation with clients, vendors, and other investors.

Separate Legal Entity

A private limited business is regarded as a distinct legal person with full standing and access to courts. It behaves like an artificial person and has the ability to acquire any assets or real estate in its own name.

Perpetual Existence

Because a private limited company is thought of as having a lifetime existence, it cannot be terminated or dissolved for a variety of reasons, such as the demise, retirement, or insanity of any of its directors, members, or shareholders.

Ease In Transfer of Ownership

A private limited corporation cannot be terminated or dissolved since it is believed to have a lifetime existence, including the death, retirement, or insanity of any of its directors or shareholders.

Checklist for Company Registration Online in India

As per The Company Act, 2013 any company to be registered in India must meet the below conditions.

Two Directors :

To start a private limited company registration online, at least two directors are required and at most, there can be 15 and importantly at least one of the directors must be a resident of India.

Unique Name :

Choose a unique name for your business. The proposed name should not match with any of the existing companies or trademarks which already exist in India.

Minimum Capital Contribution:

No pressure of fund requirements as there is no minimum capital amount needed to start a company. A private limited company should have an authorized share capital of at least Rs. 1 lakh.

Registered Office:

Even a rented space or office can be the registered office of a company, there is no need to have a commercial space. All you need is to hold a NoC letter, obtained from the landlord or owner.

Documents required for private limited company registration online in India

PAN Card of shareholders and Directors.

A valid passport is a must for foreign nationals.
Identity Proof of Shareholders and Directors, such as Aadhar card and Voter ID / Passport / Driving License.
Director’s Address Proof of Shareholders and Directors, such as the latest Telephone Bill / Electricity Bill / Bank

Account Statement

Latest Passport size photograph of Shareholders and Directors.

Business Address Proofs such as the latest Electricity Bill / Telephone Bill of the registered office address

NOC or No Objection Certificate to be obtained from the owner(s) of the registered office

Rent Agreement is needed if the registered office is a rented place.

Attention

In the case of Foreign National or NRI, documents of the director (s) must be apostatized or notarized.

Check out the detailed process of a Private Limited Company Registration Online

Below is the stepwise procedure for private limited company registration online in India.

Applying for Digital Signature Certificate or DSC for Directors & Shareholders.
Checking name availability and Applying for the name availability.
Drafting of MoA, AoA & other required documents and Filing of the E-Moa and E-AOA to register a private limited company
Applying for the PAN and TAN of the registering company
Certificate of incorporation will be granted by RoC with PAN and TAN
Opening an inactive current account on the company name in an authorized bank

Private Limited Company

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