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Expert assistance for DSC application and company name reservation

Day 1-2

Expert assistance for DSC application and company name reservation

Day 1-2

Expert assistance for DSC application and company name reservation

Online Company Registration in India - An Overview

A private limited company is a business entity offering limited owner liability. It is apt for a small number of shareholders and allows up to 200 members along with flexibility in shares and shareholdings.

One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners will manage it. On the other hand, a private limited company registration allows for directors and shareholders to be separate entities.

As your dependable legal advisor, Vakilsearch offers a cost-efficient service for registering your company in India. We handle all legal procedures and ensure compliance with the regulations set forth by the Ministry of Corporate Affairs (MCA). Upon successful completion of the pvt Ltd company registration process, we provide you with an Incorporation certificate (CoI), as well as PAN and TAN documents. With these in hand, you can easily establish a current bank account and commence your business operations.

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Benefits of Pvt Ltd Company Registration

There are numerous advantages to registering a company. By doing so, you enhance the credibility of your business, which can lead to increased consumer trust. Additionally, company registration online can provide various benefits that can help your business to grow and succeed.

  • Shield from personal liability and protects from other risks and losses
  • Attract more customers
  • Procure bank credits and good investment from reliable investors with ease
  • Offers liability protection to protect your company’s assets
  • Greater capital contribution and greater stability
  • Increases the potential to grow big and expand

How to Register a Company?

Registering a company in India has become incredibly convenient and accessible. At Vakilsearch, we have simplified the process to ensure a seamless experience, whether you want to register a private limited company or any other business structure. You can gain comprehensive insights into the registration procedure with few essential steps. The online registration system has made the entire process user-friendly and streamlined, eliminating any hassles.

Steps For Company Registration Process in India

  • Step 1: Documentation

    Gather the necessary documents and get them verified for the incorporation process.

  • Step 2: Name selection

    Apply for Digital Signature Certificate (DSC) and seek approval for your company name from MCA.

  • Step 3: Name Approval and Reservation

    Acquire the second set of required documents and ensure their verification.

  • Step 4: Filing of SPICe+ application

    Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) for your company.

  • Step 5: Issue of Certificate of Incorporation

    Upload the completed documents and forms for the final stage of company incorporation.

Company Registrations in India 2023

State May June July Aug Sep Oct (Till Now)
Maharashtra 10,000 10,000 10,000 10,000 10,000 10,000
Delhi 8,000 8,000 8,000 8,000 8,000 8,000
Karnataka 6,000 6,000 6,000 6,000 6,000 6,000
Tamil Nadu 5,000 5,000 5,000 5,000 5,000 5,000
Gujarat 4,000 4,000 4,000 4,000 4,000 4,000
Andhra Pradesh 3,000 3,000 3,000 3,000 3,000 3,000
Kerala 2,000 2,000 2,000 2,000 2,000 2,000

Please note that these are the numbers of company registrations that have been done through the Ministry of Corporate Affairs (MCA) portal. The actual number of company registrations may be higher, as there may be some registrations that have been done through other channels.

Characteristics of Private Limited Company

  • Two Directors

    According to the applicable Act, a private limited company must have a minimum of two members, with a maximum limit of 200 shareholders.

  • High Net Worth Individuals (HNIs):

    Advanced research and tailored strategies for maximising portfolio growth.

  • No Minimum Capital

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • 100% Tax Benefits for 5 Years

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Hassle-Free Processes

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Easy Access to 100+ Accelerator

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

Checklist for Private Limited Company Registration
in India

As defined by the Companies Act, 2013 one must guarantee to meet the checklist requirements without fail for Private Limited Company Registration in India.

  • Two Directors

    According to the applicable Act, a private limited company must have a minimum of two members, with a maximum limit of 200 shareholders.

  • High Net Worth Individuals (HNIs):

    Advanced research and tailored strategies for maximising portfolio growth.

  • No Minimum Capital

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • 100% Tax Benefits for 5 Years

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Hassle-Free Processes

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Easy Access to 100+ Accelerator

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

Checklist for Private Limited Company Registration
in India

As defined by the Companies Act, 2013 one must guarantee to meet the checklist requirements without fail for Private Limited Company Registration in India.

  • Two Directors

    According to the applicable Act, a private limited company must have a minimum of two members, with a maximum limit of 200 shareholders.

  • High Net Worth Individuals (HNIs):

    Advanced research and tailored strategies for maximising portfolio growth.

  • No Minimum Capital

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • 100% Tax Benefits for 5 Years

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Hassle-Free Processes

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

  • Easy Access to 100+ Accelerator

    As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.

Requirements to Register a Company

Before registering company in india , it must meet a specific set of conditions. The following are such conditions:

Directors and Members

As mentioned earlier, at least two directors and no more than 200 members are necessary for legal Private Limited Company Registration in india. This is a mandatory requirement as per the Companies Act of 2013. The Directors should honor the following conditions:

  • Each directors should carry a DIN issued by the MCA
  • One of the directors must be an Indian resident, which means they must have spent at least 182 days there in the previous calendar year.

The Business's Name

When selecting a name for a private limited company, there are two factors must be into consideration:

  • Name of the principal activity
  • Private Limited Company

Address of the registered office

Upon completion of the company registration process, the company should give the permanent address of the business's registered office to the company registrar. The registered office is the primary location where business takes place and stores all documentation pertaining to the company.

Getting Additional Documents

To verify the authenticity of electronically submitted documents, every business must obtain a DSC. Furthermore, the business needs credentials from such professionals as secretaries, chartered accountants, and cost accountants that engage them for various operations.

Company Registeration FAQ’S

The governing body of a corporation who is elected by shareholders. The directors are responsible for selecting the officers and the supervision and general control of the corporation.

The governing body of a corporation who is elected by shareholders. The directors are responsible for selecting the officers and the supervision and general control of the corporation.

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