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Private Limited Company is the most preferred business model in India among entrepreneurs. Here we will discuss its distinct features and benefits and ways in which we can assist you in setting up your dream venture through private Limited Company Registration.
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Easy Process and Step to Register a New Company in India Choosing the best company structure for business is the most important aspects. The right business structure allows the company to manage efficiently and meet the essential targets of the business. It is important to get the company registration to run the company smoothly without any hassle. Before starting the process of Company Registration in India, let’s understand the different kinds of business structures and choose the best one to register your business. Different types of business structures There is a variety of the business structure in India such as OPC, Public Limited Company, LLP, and Private Limited Company. You can choose the best business structure which suits your business needs and register your business. Let’s understand various kinds of business structures. One Person Company – The OPC is a great way to begin the company with one person Limited Liability Partnership – It is an alternative business form that provides limited liability benefits to the partner at affordable compliance price. Public Limited Company – It is the voluntary association of the members that incorporated under the companies’ law. Private Limited Company – The PLC has shareholders and directors. Every person is considered as the company employee. Simple Process to register a new company in India The Company Registration in India is a simple process. You can register the new company online can get a license within the short days. If anyone needs to start a company then you should follow the below-given process. First, you should obtain the Digital Signature of Directors The digital signature certificate is acquired from a private company approved by MCA. The directors of the Company should submit the approved application form with the address and identity proof. Acquired the Director Identification Number Get the provisional Director Identification Numberby applying the Form DIN. The form should be printed and sent for approval to the agency with the required document. The permanent DIN is provided after approval.
Check Availability of Name and Application for Name Approval The approval of the company name should be finished automatically. You can verify the availability of the organization name on the MCA. You should prepare a maximum five or six names should be submitted to the authority. Once the name is approved, the selected company name appears on the site. 1.Drafting of Memorandum of Association and Article of Association. Filing and Uploading of the Incorporation Forms 2.Filing of Incorporation Forms INC – For Company Incorporation Application Form INC 22 for the location of Company Address and DIR for company information related to the Directors. 3.Certificate of Incorporation Attach Required Documents with the application form If you are interested to apply for company registration then you should attach the required documents with the form. Here is a list of documents required:
Copy of PAN Card Address Proof Passport-sized photograph Voter’s ID or Passport No-objection Certificate from the owner of the property Last three month Bank Statement or Mobile Bill Utility Bill Notarized Rental Agreement Send the scanned copies of documents online to start the company registration process.