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Private Limited Company

Private Limited Company is the most preferred and popular way of starting a business in India. It is well known and famous for its structure, as it is very easy to set up and very well recognized in India.

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Private Limited Company

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  1. PRIVATE LIMITED COMPANY REGISTRATION eStartIndia Kindly contact us : 91-9717109099/8586016310 Email: info@estartindia.com

  2. PRIVATE LIMITED COMPANY Private Limited Company is the most preferred and popular way of starting a business in India. It is well known and famous for its structure, as it very easy to setup recognized in India. and very well Private Limited Company is one of the most preferred legal entities for registration in India being governed by Ministry of Corporate Affairs (MCA), incorporated under Companies Act, 2013. The company requires a minimum of two directors and two shareholders for registration with a maximum capping of 15 directors and 200 members. The director and shareholder both can be a natural person, while a corporate legal entity can only be a shareholder. The reason for popularity of a Private Limited Company in foreign promoters is the fact that as per FDI provisions of Indian Government, NRIs, foreign nationals as well as foreign corporate entities can be shareholders and/or directors of such a company. The key features of a Private Limited Company include limited liability, perpetual existence, separate legal identity, ownership of property and ability to raise the equity funds.

  3. ADVANTAGES OF PRIVATE LIMITED COMPANY Separate Legal Entity Perpetual Existence Easy share allocation and redirection Property Ownership Limited Liability of directors Ease of raising funds

  4. DOCUMENTS REQUIRED FOR REGISTRATION ▪ Copy of PAN card for Indian Nationals; ▪ Notarized and/or apostilled passport copy for Foreign Nationals ▪ Identity Proof: ▪ Passport; or ▪ Aadhar card; or ▪ Voter ID; or ▪ Driving license ▪ Address Proof: ▪ Copy of Telephone/Mobile or Electricity bill; or ▪ Bank Account Statement (Less than 2 months old) ▪ Company Address Proof: ▪ Telephone/Mobile/Electricity/Gas bill (Less than 2 months old); AND ▪ In case of rented premises a notarized copy of Rent Agreement with a No-Objection Certificate (NOC) for conducting business; ▪ In case of self-owned premises registered title document ▪ Passport size photographs

  5. MINIMUM REQUIREMENT ❑ A minimum of 3 directors ❑ A minimum of 7 shareholders ❑ A minimum of 1 director to be Indian Resident ❑ Shareholder and director can be the same person ❑ DSC (Digital Signature Certificate) for 2 directors ❑ DIN (Director Identification Number) for ALL company directors ❑ Minimum authorized share capital of 1,00,000 (One Lac Rupees)

  6. Registration Process Obtain DSC & DIN -- eStartIndia will apply for Digital Signature (DSC) and Director Identification Number (DIN) (about 1 – 2 working days) Name Approval -- eStartIndia will apply for company name approval (about 2 – 3 days) MOA and AOA Submission -- eStartIndia will prepare MOA and AOA (about 5 – 7 days) Certificate of Incorporation, PAN, TAN, Bank Account -- eStartIndia will file for obtaining Certificate of Incorporation (COI), PAN, TAN & Bank Account (about 10 – 12 days)

  7. 1.Is it mandatory to deposit Share capital at the time of company Incorporation? No. Once the registration process is complete and the bank account is opened, share capital can be deposited anytime within two months. 2.Does a Private Limited Company require renewal every year? No. A Private Limited Company continues its existence till it is closed down officially by its owners. 3.Is it possible to change the address of the company post Incorporation? Yes. The address of the company can be changed anytime post Incorporation. 4.Is it possible for Private Limited Companies to trade shares? No. A Private Limited Company by definition is a privately owned company and thus its shares are not open for trading in public domain. (though it can be transferred between promoters and directors) 5.What is the qualification for an individual to be a shareholder or director of a Private Limited Company? There is no mandatory qualification for an individual to be a shareholder or director of a Private Limited Company and any individual can become a shareholder or a director. 6.What is a DIN? A DIN or the Director Identification Number is a unique number which identifies the director of a company. When any person is appointed as a company director, the DIN must be mentioned in the relevant documentation. 7.What is DSC? A digital signature certificate or a DSC is an electronic signature of a person which is in encrypted form. DSC is used for signing of e-forms (electronic forms) while filing documents for company registration.

  8. Why eStartIndia? Startup Friendly Affordable & Transparent Pricing On Time Delivery Client-Centric 10k Happy Clients 150+ Experts Confidentiality Live Status Continuous Support &Satisfaction Guaranteed

  9. Contact Information eStartIndia 91-9717109099 8586016310 info@estartindia.com www.estartindia.com http://www.instagram.com/estartindia https://twitter.com/estartindia https://www.linkdin.com/estart india http://www.facebook.com/estartindia

  10. Easy, quick & affordable Easy, quick & affordable Thank You

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