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Ph: +91 7981434431
Info@profityatra.com

Business Formation

What is Private Limited Company Incorporation Overview

Private Limited Company is the most popular corporate entity that is registered extensively in India. It is governed by the MCA (Ministry of Corporate Affairs) and regulated by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. Meraprofit can help you with company registration across India at a very competitive price. We will help you with company formation procedure and new company formations procedure. All the company registration information will be given to you by our experts.

Process for Private Limited Company Incorporation

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.

Step 1

Application for DSC (Digital Signature Certificate) & Apply for DIN (Director Identification Number)

Step 2

Application for the name availability

Step 3

Filing of the eMoA and EAOA to register private limited company

Step 4

Apply for the PAN and TAN of the company

Step 5

Issue certificate of incorporation by RoC with PAN and TAN

Documents Required For Private Limited Company Incorporation

  1. Copy of PAN Card of directors
  2. Passport size photograph of directors
  3. Copy of Aadhaar Card/ Voter identity card of directors
  4. Electricity/ Water bill (Business Place)
  5. Copy of Property papers(If owned property)
  6. Landlord NOC (Format will be provided)
  7. Copy of Rent agreement (If rented property)

Benefits Of Private Limited Company Incorporation

  1. Limited Liability Protection to Directors personal assets
  2. Better image and credibility in Market
  3. Easy to raise funds and loans
  4. It is flexible and has limited liability
  5. Greater capital contribution and greater stability
  6. Possibility to grow big and expand
  7. Favorite Business structure for Investors
  8. Easy to attract Employees
  9. Easy to Sell

Checklist /Minimum requirement for Private Limited Company Incorporation

  1. Minimum 2 Shareholders
  2. Minimum 2 Directors
  3. The directors and shareholders can be same person
  4. One of the Directors must be Indian Resident
  5. Minimum Authorised Share Capital 100,000 (INR One Lac)
  6. DIN (Director Identification Number) for all Directors
  7. DSC (Digital Signature Certificate) for 2 Promoters & 1 witness

Documents Required for GST Registration

Category of personsDocuments required for GST registration
Sole proprietor / Individual– PAN card of the owner
– Aadhar card of the owner
– Photograph of the owner (in JPEG format, maximum size – 100 KB)
– Bank account details*
– Address proof**
Partnership firm (including LLP)– PAN card of all partners (including managing partner and authorized signatory)
– Copy of partnership deed
– Photograph of all partners and authorised signatories (in JPEG format, maximum size – 100 KB)
– Address proof of partners (Passport, driving license, Voters identity card, Aadhar card etc.)
– Aadhar card of authorised signatory
– Proof of appointment of authorized signatory
– In the case of LLP, registration certificate / Board resolution of LLP
– Bank account details*
– Address proof of principal place of business**
HUF– PAN card of HUF
– PAN card and Aadhar card of Karta
– Photograph of the owner (in JPEG format, maximum size – 100 KB)
– Bank account details*
– Address proof of principal place of business**
Company (Public and Private) (Indian and foreign)– PAN card of Company
– Certificate of incorporation given by Ministry of Corporate Affairs
– Memorandum of Association / Articles of Association
– PAN card and Aadhar card of authorized signatory. The authorised signatory must be an Indian even in case of foreign companies/branch registration
– PAN card and address proof of all directors of the Company
– Photograph of all directors and authorised signatory (in JPEG format, maximum size – 100 KB)
– Board resolution appointing authorised signatory / Any other proof of appointment of authorised signatory (in JPEG format / PDF format, maximum size – 100 KB)
– Bank account details*
– Address proof of principal place of business**