Private Ltd. Company Registration

A Private Limited Company is a type of business structure where the company has a limited number of shareholders, and the liability of these shareholders is also limited. It’s a popular choice among businesses because it offers a perfect blend of partnership and corporate structure benefits. The company’s financial information remains private, and it also provides limited liability protection to its shareholders.

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1.Fill Form

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2. Call to discuss

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3. Get Incorporation

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Overview

For those looking to set up a Private Limited Company, the Vyapar Saathi team is here to guide you through every step.

These days, the process to register a private limited company is fully online. Documents are uploaded to the MCA website, and then they are checked by the Central Registration Centre (CRC).

Once all the registration steps are done, the Registrar of Companies provides a digital Certificate of Incorporation (COI). This certificate, given by the ministry, can be easily checked by anyone on the MCA website.

To set up a private limited company, certain details need to be collected and submitted as per the rules from the Companies Act 2013. The Ministry of Corporate Affairs has guidelines on how this should be done. Handling this process needs a deep understanding of these rules and hands-on experience, and that’s where our Vyapar Saathi team comes in to help.

Benefits of incorporating a company

Keeps your personal money and things safe from company losses.
Brings in more customers.
Makes it easier to get loans from banks and money from trustworthy investors.
Protects the things the company owns.
Allows more people to put money into the company, making it stronger.
Helps the company grow bigger and spread out.

Process to register a Private Limited Company in India

A. Getting Director Number (DIN) and Digital Signature:

The first thing you need is a Director Identification Number (DIN) for the people who will be directors of the company. Usually, you can use this method for up to three directors. But if you’re starting a special kind of company called a ‘Producer company’, you can use it for up to five directors. The directors and everyone signing the company papers should also have a Digital Signature.

B. Choosing a Company Name:

You need a unique name for your company. We’ve written a detailed guide about how to pick and reserve a company name. (Link we can give later for blog post)

C. Filling the SPICe Form:

This form is split into two parts, Part A and Part B.

Part -A: Name Reservation

You can choose a name and register the company at the same time using this form. But, if you’re not sure about the name’s availability, first pick the name using Part A. Once the name is approved, move to the next step.

Part B: Registering the Company:

Once your chosen name is approved, it will automatically show up in Part B. Then, you need to fill other forms like AGILE-PRO, SPICe+ MOA, and SPICe+ AOA. These forms cover details about your company. Companies have to apply for a bank account and apply for some mandatory registrations using this form. If you want, you can apply for a GST number, but it’s optional.

Documents and Key Requirements

D. What Documents You Need:

For directors and people signing the company papers, you need documents like Aadhar Card, Pan Card, address proof (recent, not older than 2 months), photos, and passports.

You also need a form called DIR-2 from the directors.

If you’re renting a place for your company, keep the Rent Agreement, Property Tax Receipt, a NOC letter, and a recent Bill ready.

E. Check Everything and Submit:

After filling everything, check all the details. Once sure, submit your form. You need to download the SPICe+ Form, put the digital signatures, and then upload it to the MCA website.

F. Getting Approval:

When the MCA checks and approves your SPICe forms, they’ll give you a Certificate of Incorporation. This certificate comes with a PAN number given by the Income Tax Department. They’ll also email you the certificate with PAN and TAN.

If they have questions or need more details, they’ll ask you. You then have to give the required information or documents. Download the updated SPICe+ Form, put the digital signatures, and upload it again to the MCA website.

Private Limited Company Features

Members:

You need at least 2 people to start a Private Limited Company in India and can have up to 200 people as per Companies Act 2013.

Limited Liability:

If the company has any losses or debts, only the money put into the company by the shareholders is used. Their personal things, like houses or cars, are safe.

Always Exists (Perpetual succession):

Even if a shareholder dies or has financial problems, the company will continue to run. It doesn’t end with its members.

Number of Directors:

You need at least 2 directors to manage the company. Just with 2 directors, the company can operate.

Company Charter (Memorandum of Association):

This is a paper that tells why the company was made. It explains the company’s purpose and the relationship between shareholders.

Company Rules (Articles of Association):

These are the rules that tell how the company works from inside. It talks about the duties, rights, and powers of the people running the company. It’s like a guidebook for the company’s management.

How Vyapar Saathi Can Help You Start Your Private Limited Company in India?

Opting for Vyapar Saathi to handle your Private Limited Company registration brings several key benefits, making the process smooth and effective:

In-depth Expertise: Our team at Vyapar Saathi specializes in the registration of Private Limited Companies. We possess in-depth knowledge of the legal requirements and procedures, ensuring that your company’s registration is handled professionally and accurately.
Streamlined Registration Process: We understand that time is valuable, especially in business. Our streamlined process ensures that your company registration is completed efficiently, without unnecessary delays.
Transparent Pricing: With Vyapar Saathi, you can expect complete transparency in pricing. We offer competitive and clear pricing, ensuring you get top-quality service without any hidden costs.
Customized Service: We recognize that each business has unique needs. Our services are tailored to meet your specific requirements, ensuring that your company’s registration aligns with your business goals.
Comprehensive Support: From gathering documentation to submitting your registration, we provide end-to-end support. Our team is always on hand to answer your questions and guide you through each stage of the process.
Hassle-Free Experience: Our aim is to make your registration experience as hassle-free as possible. We handle all the complexities of the registration process, allowing you to focus on planning and growing your business.
Reliable and Trusted Service: Vyapar Saathi is known for its reliability and trustworthiness. Our track record of successful company registrations speaks for itself, and we take great pride in helping businesses get off to the right start.

By choosing Vyapar Saathi for your Private Limited Company registration, you’re ensuring a smooth, efficient, and successful start for your business. Contact us today to get started on your journey to establishing a successful Private Limited Company.

What Vyapar Saathi offers in our package:

DIN & DSC: We’ll get these for two Directors.
MoA & AoA Papers: We’ll prepare these important documents for you.
Fees and Stamps: We handle the registration cost and all stamp duties.
Company Certificate: You’ll get an official paper saying your company is registered.
PAN and TAN: We’ll arrange these for your company.

📞 Reach Out to Vyapar Saathi Experts Now or dial +918962784899 for immediate assistance.

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