FORM A BUSINESS

Private Limited Company Registration

Private limited company registration comes under section (2) 68 of the companies Act, 2013. It is a legal entity, minimum of two person to form a private limited company. The liability of a company is limited and there is no minimum paid-up capital required for a private limited company registration. Every private limited company must use "Pvt.Ltd." after their company name.
Prerequisites:
  • Least two directors and shareholders required.
  • Proposed company is needed to have enrolled office.
  • Approved and Paid cash-flow to be chosen.
  • Each subscribers and directors needed to have a DSC (digital signature certificate)
  • Each chief needed to have a DIN (Chief Distinguishing proof Number)

Characteristics:
  • A private company is special over a public company as they are not needed to keep a list of its individuals while a public company is need to keep a file of its individuals.
  • A private company needs to have just two directors. With the presence of 2 directors, a private company can come into activity.
  • There should be a base settled up capital of Rs 1 lakh or more which might be show now and again.
  • Private limited company is constrained by the board of directors
  • Enrolled company should make reference to their company name suffix as "private limited".

  • Proposed chief and Investor - Indian Resident:

    • PAN Card
    • Aadhar Card.
    • Confirmation for Address – Bank Explanation or Phone Bill or EB or Portable Bill (Most recent)
    • Visa passport Photograph.

    Proposed director & Shareholder - Foreign National:

    • A copy of Visa (Legal official and Apostille is required)
    • A copy of address evidence (Public accountant and Apostille is required)
    • A copy of ethnicity confirmation (Public accountant and Apostille is required)
    • Two passport size photograph

    Register Office documents:

    • On the off chance that the Workplace is rental, tenant contract is unavoidable
    • Power bill (Not over two months old needed to be submitted)
    • Inhabitant needs to give a No Protest Declaration from landowner to work the business (NOC) if not leased.

Procedure for registration:

Stage 1: Name application:

An application is recorded to hold the name of the company with the register of organizations. Candidate is permitted to give two names and one re-submission


Stage 2: Name Approval / Rejection:

On receipt of the application, CRC (central Registration Centre) may either support or reject the application.


Stage 3: Application for DSC

Digital signature certificate to be gotten for every one of the supporters and heads of the company


Stage 4: Planning of MOA and AOA

Each company should draft the MOA and AOA, and it's a compulsory to join the advanced mark declaration in the two records.


Stage 5: forms and documents filing:

Application for Registration of private limited to be recorded alongside MOA and AOA, assuming any, and other essential reports and charges.


Stage 6: Authentication of Incorporation:

On being fulfilled, the registrar of companies (ROC) will give the endorsement of incorporation, will be allotted DIN (Director Identification Number), PAN – (Permanent Account Number) and TAN (Tax Deduction Account Number)Application for Registration of private limited to be recorded alongside MOA and AOA, assuming any, and other essential reports and charges.

FAQ

No, according to Indian laws a Company should have a legal article at the hour of Incorporation.


No, Company registration is 100% online process, they simply need to send filtered duplicate of reports required.


Indeed, Company is needed to hold 4 Executive Gatherings during the monetary year yet unfamiliar chiefs are not needed to visit India for attending the gathering. A gathering might be held through video conversing.


No, it should be arranged in India As it were.

Indeed, an unfamiliar company might do as such yet the new company should have an inhabitant Indian Chief.


Each Company will have no less than one Chief who has remained in India for a complete time of at the very least 182 days in the past schedule year.


In Areas where 100% FDI is permitted under Programmed Course, there is no necessity for RBI Endorsement except for Company is needed to make detailing of these exchange to RBI to Approved Seller Bank.


There is no bar specifically on the base capital prerequisite to run a private company.