Company Registration
Company registration including Government Fee & Stamp Duty*. Incorporation kit with share certificates.
- Company Registration
- Share Certificates
- Current Account Opening
- GST Registration
- 2 Digital Signatures
Market Price: | ₹12000 |
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Professional Services Price: | ₹10157 incl. GST |
Government Fee: | Included |
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Documents required for obtaining the Private Limited Registration in India
Identity proof the 2 Directors and submit the documents that are mentioned below:
PAN Card: PAN Card copy of the proposed Directors of the Company will be required for Company Registration.
Address Proof: The address proof submitted must have the name of the Director as mentioned in the PAN Card and the most current address of the Director.
Residential Proof: The residential proof must also contain the name of the Director as mentioned in the PAN Card and must not be older than two months.
Registered Office Proof: In addition to providing identity, address, and residential address for the Directors, proof must be provided to validate the registered office address of the Company.
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- The registered document of the title of the premises of the registered office in the name of the company;
- The notarized copy of lease/rent agreement in the name of the company along with a copy of rent paid receipt not older than one month;
In addition to the above, the following must also be provided as proof of registered office:
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- The authorization from the Landlord (Name mentioned in the Electricity Bill or Gas Bill or Water Bill or Property Tax Receipt or Sale Deed) to use the premises by the company as its registered office. This is usually referred to as NOC from Landlord;
- Proof of evidence of any utility service like telephone, gas, electricity, etc. depicting the address of the premises in the name of the owner or document, which is not older than two months.
How Professional Services will help you in registering a Private Limited company in India?
Professional Services can help you in incorporating a Private Limited Company in India in less than 10 days but this is subject to government processing the availability of the documents.
- Step 1: Once a request is received a business consultant from Professional Services reaches to you and understands your business requirements. And suggests the best suitable entity for you.
- Step 2: An relationship manager is assigned to the engagement. Who will collect all the necessary documents.
- Step 3: An application is submitted for obtaining the Digital Signature Certificate. Simultaneously a name request is sent for approval to the MCA.
- Step 4: Once the name request is approved the incorporation documents are drafted. These incorporation documents need to be signed by all the Directors and the shareholders.
- Step 5: Once they are signed they are sent to the MCA for approval.
- Step 6: Once the company is incorporated an Incorporation certificate is provided along with the PAN and TAN for the Directors.
Benefits of registering a Private Limited Company in India
Before starting a business it is important to decide the objectives of the company, the business structure, and the operations based on which the company has been chosen. The private limited company is a privately held entity and is preferred by most entrepreneurs. The Private limited company registered in India can have 50 shareholders and limit the liability of the owner to their shares and restrict from publicly trading the shares.
Limited Liability
When the businesses see unseen financial crises and are on the verge of closure, the shareholders of the private limited company do not face the risk of losing their assets. Only the amount that is invested while starting the business is lost and the director’s assets are safe.
Access to funding
The private limited companies easily accommodate the equity funding as there is a difference between the shareholders and directors. Venture capitalists and private equity funds are likely to invest in any other structure.
Borrowing capacity
The private limited companies in India enjoy the privileges of borrowing more funds than the LLPs as there are more options of taking debt. Banks help in assisting with financial aid to the private limited companies than the OPCs and the LLPs as the debenture issue and convertible debentures are always available. The banks and the financial institutions welcome the private limited companies better than the partnership entities.
Greater credibility
A private limited company is required to make a lot of information about the structure, operations, and financials available to the Registrar of the companies. This information ends up in the public domain. Therefore the vendors, lenders, employees can find the information that is relevant to the company such as the authorized capital, name of directors, registered office, etc. This information makes the businesses more credible than the entities that done furnish this information.
Easy exit
Private limited companies in India can be sold or transferred, either partially or in full to other individuals or entities without any disruption to the current business.
International expansion
If the business developing product on a global scale and aiming for expansion of operations across the world, then it is important to get the investments and the form of collaborations with foreign establishments. One of the advantages of the private limited companies in India is that 100% through the automatic route, which means there is no requirement of any government approval for foreign companies to make investments in India. The partnerships, LLPs need acceptance from the government.
Scope of multiple opportunities
Successful entrepreneurs are always on the lookout for opportunities wherever they are possible. The private limited companies have the scope of utilizing the chances as the business grows over time whereas the sole prop[rietorshiips and the partnerships cannot take up as they are tied up.
Better governance
As private limited companies are regulated by the Companies Act 2013 and are required to follow all the stringent procedures, disclose norms, and also comply with the various legal requirement, they are more organized in creating value.
A private limited company offers many advantages over other entities, it is always best to get the registration done by experts to avoid any discrepancies.