Private Limited Company Registration in Delhi is often a preferred choice for many business owners for a structured setup. With this structured setup, shareholders have limited liability, but there are specific rules around ownership. In an LLP, partners handle management. Whereas private limited company registration ensures a clear distinction between directors and shareholders.
At Startup Club India, we provide an affordable and hassle-free service for new companies to register, helping startups get registered and ensuring a smooth and easy private limited company registration in India. We take care of all legal requirements, from paperwork to approvals for online company registration in India, making sure that everything adheres to the Ministry of Corporate Affairs (MCA) regulations.
In simple words, a private limited company is a company which provides small businesses with a privately held corporate structure. The main reason why many small business owners choose a private limited company is because it comes with a range of advantages, such as limited liability protection, ease of setup and management, and a separate legal identity. This motivates many new business owners to move forward to get their startup
registration in India.
A private limited company is legally independent of its owners and requires a minimum of two members and two directors to run it smoothly. These are the main features that define a private limited company in India:
Before registering a company in India, make sure to keep the following requirements in mind:-
As per the Companies Act of 2013, a minimum of two directors and 200 members are needed for Private Limited Company Registration in India. To register a company in India, directors must obtain a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs (MCA).
To qualify as a director, at least one director must be a resident of India, having resided inIndia for a minimum of 182 days in India during the previous calendar year.
When choosing a name for a private limited company registration in India, one must keepthe following factors in mind:-
Choose the name of the company wisely, as it should give a clear idea of what your business is about.
Once the company registration process is done, the company is then required to submit thepermanent address of its registered office to the registrar. This office serves as the main hub for all business activities, and all essential company documents are maintained here.
Follow the following steps mentioned below to get your company registered in India:-
A Digital Signature Certificate (DSC) issued by the Controller of Certification Agencies (CCA) is compulsory for all directors and shareholders. Here, you have to provide all the essentialdetails, such as passport-sized photos, PAN card, Aadhaar Card, phone number, and email address. In certain cases, foreign nationals must submit notarized and apostilled documents
as part of the process.
Anyone wishing to become a director of a company must obtain a Director Identification Number (DIN). A DIN is mandatory for all directors and must be submitted as a part of the registration process.
The first and foremost step is to complete the SPICe+ Part A form to get approval for your company name. This step requires selecting the company’s type, class, category, and sub-category, specifying the primary division of industrial activity and offering a detailed business description. For getting approval, you will be required to submit at least two names.
Ensure that you submit the complete details regarding capital structure, registered office address, subscriber and directors' details, stamp duty, PAN and TAN application, along with the required documents for company registration in India.
Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) with all essential company details. Make sure to get digital signatures from all subscribers and professionals before sending these documents to the MCA for approval.
Don’t forget to complete the AGILE-PRO-S form for GST, EPFO, ESIC, a bank account, and a shop and establishment license (if required by the state).
Once the documents are successfully verified, the MCA will issue the Certificate of Incorporation (COI), including the Company Identification Number (CIN), PAN, and TAN. The above-discussed steps are crucial if you want a successful online company registration in India.
Planning to start your own business, be it in India, Hong Kong, the United States, the United Arab Emirates, the United Kindgom, Canada, Australia, Singapore, Germany, or South Africa? Startup Club India is here to help you and make your online company registration easy and stress-free. Let our expert team handle all your paperwork. Get started today and turn your entrepreneurial dreams into reality.