Private Limited Company Registration

1. Private Limited Company Registration Ease the process of complicated private limited company registration, and get professional help to ensure to receive legal privileges like any other corporation. PVT company registration with Bizregistration: A private limited company is a popular choice for businesses that are looking for the limited liability protection of a corporation but do not want to go through the hassle and expense of a public offering. Registering a private limited company can be complicated, so it is important to seek professional help if you are unsure of any of the steps. Pvt ltd registration is a business structure that combines a corporation’s limited liability with a partnership’s flexibility. Bizregistration is a reliable and authentic legal adviser that reduces the complications in a Pvt ltd company registration and offers a cost-effective private limited company registration service in India. We manage all regulatory requirements and adhere to the

2. Ministry of Corporate Affairs' guidelines. Following the acceptance of the company registration process, you are awarded a Certificate of Incorporation (CoI), together with a PAN and TAN. Benefits of company registration: One of the highly advised options to launch a company in India is to start up a private limited company. It comes with different benefits as mentioned- 1. Limited liability: The biggest advantage of a private limited company is that the liability of its shareholders is limited to the number of shares they own. This means that if the company is unable to pay its debts, the shareholders will not be held personally liable. 2. Access to capital: Private limited companies can raise capital by issuing shares to investors. This is a key advantage as it allows the company to grow and expand its operations. 3. Tax benefits: Private limited companies are eligible for certain tax benefits, such as the exemption from capital gains tax. 4. Professional status: A private limited company has a professional status and is perceived as being more credible than a sole proprietorship or partnership. 5. Continuity: A private limited company has a separate legal identity from its shareholders, meaning that it can continue to operate even if shareholders leave or die. The minimum requirement for Pvt ltd company registration: Before you apply for private limited company registration, you have to meet certain criteria and have prepared these in advance- 1. The private limited company must have at least two directors and a maximum of fifteen. Also, any of the directors must be a resident of India. 2. The company name must be unique, so it is suggested to check if the trademark already exists. 3. The company isn’t mandated to have a minimum capital amount, however, it should have a minimum of Rs 10,00,00 as authorized capital.

3. 4. The resident office isn’t compulsory to have a commercial space, you can register it on any rented property or even your permanent address. Documents for Pvt ltd company registration online: The registration of PVT ltd company mandates proper identity and address proof. Here is the list of documents that need for a Pvt ltd registration- => Copy of PAN (Permanent Account Number) or Passport => Copy of voter ID/passport/driving licence => Copy of the latest bank statement => Copy of telephone/mobile/electricity/gas bill => Copy of passport-sized photog of directors => Copy of Signature on blank paper Here is how it works Once the company is registered, however, it will have the same legal status as any other corporation, meaning that it can enter into contracts, buy and sell property, and sue or be sued in its name. Here is the three-phase process of how Pvt limited company registration is done- Step 1: Obtain a director identification number (DIN) and a digital signature certificate (DSC). The DIN can be applied online through the Ministry of Corporate Affairs (MCA) website. The DSC can be obtained from a certifying authority approved by the MCA. Step 2: Once the DIN and DSC are obtained, the next step is to file the e-Form INC-7 with the MCA. This form is used for the incorporation of a company that requires information including the proposed company name, office address, Purpose of establishment, director’s name and details, and authorized capital amount. Step 3: Once the INC-7 form is filed, the MCA will issue a certificate of incorporation. This document is the final step in the process of incorporating a private limited company.

4. PAN and TAN are assigned and listed on the incorporation certificate by ROC under the new procedure. Source:- https://bizregistration.in/