Private Limited Company

Private Limited Company Registration

A private limited company is a popular way to start a business in India. It offers limited liability and clear ownership limits for shareholders. This makes it a top choice for startups seeking to raise funds from investors. In simple terms, a private limited company is a business owned and run by small and medium-sized enterprises.

Overview

A Private Limited Company (PLC) in India is a separate legal entity that offers limited liability to its shareholders. This type of company is ideal for businesses looking to raise capital, establish credibility, and protect their personal assets.

Our Services

Name Approval Search
CIN – Corporate Identity No.
Certificate of Incorporation
e-Pan & e-Tan Card
AOA & MOA
DIN – Director Identification Number
Class-3 DSC – Digital Signature Certificate for 2 years of validity
Fees (State Stamp Duty For 1 Lac Capital)
ESI & PF Registration
Current Account Opening Assistance
GST Registration
MSME Registration
Monthly GST Return’s Filing Assistance
Dedicated Manager
Tax Planning & Preparation

How to Register a Private Limited Company Online?

The process of registering a Private Limited Company in India involves several steps. Here’s a simplified overview:

Choose a Unique Name: Select a name that is not already registered with the Registrar of Companies (RoC) & Trademark.
Digital Signature Certificate (DSC): Every director and shareholder needs a DSC to electronically sign the necessary documents.
Memorandum of Association (MoA) & Articles of Association (AoA): Drafting and submitting the MoA and AoA, which outline the company’s object and internal rules and byelaws, respectively.
File the Incorporation Form: File the incorporation application (SPICe Form) along with the necessary documents to the MCA. This form also covers PAN and TAN applications for the company.
Obtain Director Identification Number (DIN): Obtain DINs for the proposed directors.
Approval and Incorporation: Once the Registrar of Companies (RoC) verifies the submitted documents, they will issue the Certificate of Incorporation.
Director Identification Number (DIN): Every Director must have a unique DIN. This number can be obtained by submitting an online application.
PAN and TAN: Along with the incorporation certificate, you will be assigned a Company PAN (Permanent Account Number) and TAN (Tax Deduction Account Number) for tax-related purposes.
Bank Account: To commence operations, open a bank account in the name of your newly formed company.

Eligibility For Online Company Registration

Before you register a Private Limited Company, you must ensure that you meet the necessary eligibility criteria:

Minimum Number of Director: At least two members (shareholders) are required to register a Private Limited Company.
Maximum Number of Director: A Private Limited Company can have a maximum of 200 shareholders.
Residential Requirement: At least one director must be a resident of India.
Capital Requirement: There’s no minimum capital requirement.
Unique Company Name: The company name must not be identical to an existing company or violate trademark regulations.
Registered Office Address: A valid registered office address within India must be provided.

Advantages of Private Limited Company Registration

Limited Liability Protection
The personal assets of shareholders are protected as their liability is limited to the amount invested in the company. This shields them from the company’s financial obligations and risks.
Separate Legal Entity
A Private Limited Company is a separate legal entity in the eyes of the law, distinct from its shareholders and directors. This provides the company with perpetual succession, meaning it can continue to exist even if ownership changes.
Easy Transfer of Ownership
Shares in a Private Limited Company can be easily transferred to other individuals, making changes in ownership a straightforward process.
Increased Credibility
A registered Private Limited Company enjoys enhanced credibility, especially when dealing with clients, investors, or government bodies. It signals that the business operates with transparency and under government regulations.
Tax Benefits
Private Limited Companies can enjoy various tax benefits under the Indian Income Tax Act, such as lower corporate tax rates and tax exemptions on specific income categories.
Attracting Investors
Venture capitalists, angel investors, and financial institutions prefer investing in Private Limited Companies due to the structured nature of the entity and compliance with legal standards.

Company Registration Process of Private limited company in India with BookmyLLC

At BookmyLLC, we follow a streamlined process for registering your company. Here’s a step-by-step breakdown:

Step 1: Obtain DSC and DIN
Each proposed director must obtain a Digital Signature Certificate (DSC), which is used to sign documents electronically. We also assist in acquiring a Director Identification Number (DIN) for the directors.

Step 2: Name Reservation
We help you choose and reserve a unique name for your company through the MCA’s SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) system. Our team ensures the name is compliant with the Companies Act, 2013, and does not violate any trademark regulations.

Step 3: Preparation of Incorporation Documents
Our experts prepare essential documents like the Memorandum of Association (MoA) and Articles of Association (AoA). These documents outline the company’s objectives, rules, and regulations.

Step 4: Filing of Incorporation Documents
Once the documents are ready, they are filed with the MCA through the V3 portal, along with other relevant forms and the applicable registration fee.

Step 5: Certificate of Incorporation
After successful verification, the MCA issues a Certificate of Incorporation, marking the official establishment of your company. You will also receive your company’s Corporate Identification Number (CIN).

Step 6: Apply for PAN and TAN
Upon incorporation, we help you obtain your company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).

Step 7: Bank Account Assistance
After the company is incorporated, the next important step is opening a current bank account in the company’s name. At BookmyLLC, we assist you in selecting the best bank based on your business needs and help you complete all the required paperwork for opening a current account.

Step 8: GST Registration
Once your Private Limited Company is set up, it is essential to register for Goods and Services Tax (GST) if your business’s annual turnover exceeds the threshold limit (currently ₹20 lakh for services and ₹40 lakh for goods). GST registration is mandatory for companies that engage in interstate trade or e-commerce, regardless of turnover.

At BookmyLLC, we take care of the GST registration process for you. We prepare and submit the required documents through the GST portal, ensuring you receive your GSTIN (Goods and Services Tax Identification Number) quickly and efficiently. Proper GST registration ensures your business complies with tax laws and allows you to claim input tax credit on business expenses.

Documents Required for Private Limited Company Registration

For All Directors
* Proof of Identification (Passport/ DL/ Voter ID Card) any of 1.
* Bank Statement (Not older Than 3 Months)
* Passport size photo
* PAN & AADHAR
* Email ID and Mobile number of All directors.
2. For the Registered Office:
Proof of Address: Latest utility bill of the office location (not older than two months).
No Objection Certificate (NOC): If the office premises are rented, a NOC from the property owner is required.
Rental Agreement/Lease Deed: In case of a rented office, the registered lease deed or rent agreement must be submitted.

How we can help you?

Expert Guidance: We provide personalized advice and support throughout the registration process, ensuring compliance with Indian corporate laws.
Efficiency: Our streamlined process ensures timely registration, minimizing delays and administrative burdens for your business.
Compliance with Indian Corporate Laws: We ensure your business meets all necessary legal requirements, staying compliant with India’s regulatory framework.
Post-Incorporation Services: Our services don’t stop at registration. We offer ongoing support for all your company’s needs, including:
● Annual compliance filings
● Accounting and bookkeeping
● Tax filings and GST registration
● Additionally, certificates & licenses as per customer business needs
● Statutory audits
We ensure your company adheres to all compliance requirements with the Registrar of Companies (RoC) and other government agencies.
Tailored Solutions: We provide customized registration and compliance solutions to meet your specific business needs and goals.
Simplified Registration Process: We handle all legal paperwork, from obtaining DSCs and DINs to filing MoA and AoA, saving you time and effort.
Local Expertise: Our team has deep knowledge of Indian corporate laws and market dynamics, ensuring your business thrives in compliance with regulations.
Personalized Support: Receive dedicated, hands-on assistance throughout the registration process and beyond, with ongoing guidance and prompt responses.
Cost-Effective Solutions: We offer transparent, competitive pricing with no hidden fees, ensuring affordable services that fit your budget.
Live Process Updates: Stay informed with real-time updates on your registration status, keeping you fully aware of every stage.
Bank Account and GST Registration: We assist in opening your business bank account and registering for GST, ensuring full compliance with Indian tax laws.
Affordable Pricing: Our transparent pricing ensures no hidden costs, offering a range of budget-friendly packages for businesses of all sizes.

₹ 7999

Name Search Availability
Certificate of Incorporation
eMOA & AOA
e-Pan & e-Tan Card
DIN No of 2 Directors
ESI & PF Registration
Bank Account Assistance*
Note - DSC & state fee will be as actual

₹ 9999

Company Name Approval*
Certificate of Incorporation
eMOA & AOA
e-Pan & e-Tan Card
DIN No of of 2 Directors
ESI & PF Registration
GST & MSME Registration*
Dedicated Manager*
Bank Account Assistance*
Note - DSC & state fee will be as actual

₹ 39999

Company Name Approval *
Certificate of Incorporation
eMOA & AOA
e-Pan & e-Tan Card
DIN No of 2 Directors
ESI & PF Registration
GST & MSME Registration*
12 Month GST Return Filing*
Company Annual Compliances*
Dedicated Manager*
Bank Account Assistance*

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