Private Limited Company


Private Limited Company is a successful business type and Setting up a new company as a public limited company has its own advantages like there is option of allowing the share trading in the market and allowing the public to invest money in your company. A Private Limited Company offers limited liability and legal protection to its shareholders. A Private Limited Company in India lies somewhere between a partnership firm and a widely owned public company. It can be registered with a minimum of two people. A person can be both a director and shareholder in a Private Limited Company.The liability of the members of a Private Limited Company (PLC) is limited to the number of shares held by them. A private Limited company in India can begin with operations after getting the Certificate of Incorporation. A PLC can be incorporated within 15 working days.

  • Basic
     7999 /-
  • Includes 2 DSC 2 DIN
  • Authorised Capital of Rs. 1 Lakh
  • Company Name Approval
  • Drafting & Filing of MOA - AOA
  • Company PAN
  • TAN Application
  • Standard
     9999 /-
  • Includes 2 DSC 2 DIN
  • Authorised Capital of Rs. 1 Lakh
  • Company Name Approval
  • Drafting & Filing of MOA - AOA
  • Company PAN Apply
  • Company TAN Apply
  • Application GST Registration
  • Premium
     11999 /-
  • Includes 2 DSC 2 DIN
  • Authorised Capital of Rs. 1 Lakh
  • Company Name Approval
  • Drafting & Filing of MOA - AOA
  • Company PAN Apply
  • Company TAN Apply
  • GST Registration, GST Returns for First year after GST Registration

Process

First day DSC

Digital Signature Certificate (DSC) is the first step towards Company Registration.

Second Day DIN

Directors Identification Number (DIN) is to be applied for all the proposed Directors of the Company.

Third to eight day Name Approval

Maximum six names can be applied in order of preference.

Ninth to fifteenth day

Incorporation documents


FAQ'S

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Private Limited Company is incorporated under Companies Act, 2013 and is privately held by two or more shareholders. A Private Limited Company enjoys benefits of Limited Liability and Easy Transferability. There can be maximum 200 shareholders in a Private Limited Company. Shares of Private Limited Company cannot be traded publicaly or on stock exchanges.
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Limited Liability Easy to get funding Easy ownership Transferability Improve Business Credibility Grab the International business Opportunity Limit the Risk to Personal Assets An Easy Exit Plan Separate legal entity Perpetual Succession Eligible for Government Start-up Scheme
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No, minor cannot become a Director because for Director DIN is compulsory and to get a DIN an individual should have achieved age of 18 years or above.
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During the registration, a minimum of INR 1 Lakh should be provided as an authorized capital. A minimum paid-up capital requirement is eliminated as a part of Government’s initiative to simplify the business registration in India. However, each shareholder must subscribe at least 1 share for the registration to introduce the sufficient amount for running the business.
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Yes, a Private Company can carry multiple businesses if it is mentioned in the company’s MoA and approved by a registrar. The company can mention more than one business operating within the same field or of the same nature. Activities which are unrelated, such as fashion designing and event management or construction, those cannot be registered under the same company.
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No, none of the promoters are required to be present when opted to register a company online. All the forms are filed on the web portal and are digitally signed. Also, the required documents can be sent through e-mail or uploaded on our portal for filing.