Private Limited Company Registration Process



What is Private Limited Company?
A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares. Private limited company does not raise capital from the public. This means that it does not issue shares for public subscription.

 Some Important Features of Private Limited Company:
Limited liability.

At least two members.

A minimum of two directors.

Maximum two hundred members.

Restricted rights to transfer shares.

No minimum capital requirement

Compulsory use of the words private limited.

 Advantages of Private Limited Company:
Limited liability for members or directors.

Preferred by Bank , Ventures and Investor for loan

Perpetual succession. Members may come and go but the business continues.

Easy to Register manage and Run.

Greater credibility of business.

Documents Required for Registration of Private Limited Company:
Copy of PAN CARD of Directors

Copy of Aadhaar/Passport/Voter ID/Driving License of Directors

Copy of Utility Bill/Bank Statement of Directors

Passport Size Photograph of Directors

Copy of Property Paper (If Owned by the Director)

Copy of Rent agreement . (If Rented Property)

Copy of Utility Bill of Business Place

NOC from the Landlord

List of Proposed Company Name (In Preference Order 4-5)

Mobile Number & E-Mail Id of the Directors

Procedure to Registration of A private Limited Company:
Obtain Digital Signature (DSC)

Register for Director Identification Number(DIN)

Apply for Name Approval from the MCA

Draft MOA/AOA

File Incorporation Form Spice

Get Incorporation Certificate

(If you still have any query or any Suggestion, you may reach to author at E-Mail: taxwill4u@gmail.com or on Mobile : 8700745227)


Registration of Private Limited Company