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Easily Register a Company

Private limited company is the most popular corporate entity amongst small, medium and large businesses in India due to various advantages. IndiaFilings offers company registration from Rs.15899/-

Private Limited Company

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Company Registration - Eligibility, Process and Expert Help

Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.

Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.

IndiaFilings is the market leader in company registration services in India, offering a variety of company registration like private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration, Producer Company Registration and Indian Subsidiary registration. The average time taken to complete a company registration is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on company registration and business setup in India by scheduling an appointment with an IndiaFilings Advisor.




Will your company need GST registration?

Most companies registered in India will need GST registration after incorporation.
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Reasons to Register a Private Limited Company

Separate Legal Entity

Private Limited Company is a legal entity and a juristic person established under the Companies Act. Hence, a company has a range of legal capacities including opening of a bank account, hiring of employees, taking on equity or obtaining licenses and more as an independent corporate entity. The members (Shareholders/Directors) of a company have no personal liability to the creditors of a company for company's debts.

IMPORTANT

Uninterrupted Existence

Private Limited Company has 'perpetual succession', meaning uninterrupted existence until it is legally dissolved. A company being a separate legal person, is unaffected by the death or other departure of any member and continues to be in existence irrespective of the changes in ownership.

Borrowing Capacity

Private Limited Companies can raise equity funds in India. Companies can also issue equity shares, preference shares, debentures and accept deposits with RBI permission. Banks and Financial Institutions prefer to provide funding to a company rather than partnership firms or proprietary concerns.

Easy Transferability

Ownership of a business can be easily transferred in a company by transferring shares. The signing, filing and transfer of share transfer form and share certificates is sufficient to transfer ownership of a company. In a private limited company, the consent of other shareholders maybe required to effect share transfers.

Owning Property

Private Limited Company being an artificial person, can acquire, own, enjoy and alienate, property in its name. The property owned by a company could be machinery, building, intangible assets, land, residential property, factory, etc., No shareholder can make a claim upon the property of the company - as long as the company is a going concern.

Identity and Address Proof

Identity and address proof will be required for all directors and shareholders of the company to be incorporated. In case of Indian nationals, PAN is mandatory. For foreign nationals, apostilled or notarised copy of passport must be submitted mandatorily. All documents submitted must be valid. Residence proof documents like bank statement or electricity bill must be less than 2 months old.

Registered Office Proof

All companies must have a registered office in India. To prove access to the registered office, a recent copy of the electricity bill or property tax receipt or water bill must be submitted. Along with the utility bill, rental agreement or sale deed and a letter from the landlord with his/her consent to use the office as a registered office of a company must be submitted.

Documents Required for Company Registration
How do I start a private limited company?
What is limited liability protection?
What is authorised capital of the private limited company?
What is required to start a private limited company?
How long does it take to register a private limited company?
Can NRIs and foreign nationals or foreign entities register a company?
Who can be a director in a company?
Is an address required in India for starting a company?
How do I check the availability of name for my company?
How will the company incorporation certificate be provided?
Simple & Transparent Pricing

Basic

Rs.15899/-
all inclusive fees
Checkout

    Private limited company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates and company kit. Inclusive of government fee and service tax.

Standard

Rs.19899/-
all inclusive fees
Checkout

    Private limited company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and 10 lakh authorised capital. Inclusive of government fee and service tax.

Premium

Rs.25899/-
all inclusive fees
Checkout

    Private limited company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit, 10 lakh authorised capital and trademark filing. Inclusive of government fee and service tax.

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