Private Limited Company Registration

Private Limited Company Registration is one of the most popular corporate legal entities in the world. Private Limited Company (Pvt. Ltd.) is incorporated under the Companies Act of 2013 and governed by the Ministry of Corporate Affairs (MCA). It is a registered corporate structure, that provides business a separate legal identity from its owners. In this form of company, directors have limited liability to shareholders, perpetual succession, easy to manage compliance, easy equity funding, and transferable ownership i.e. sale or purchase of the company.

The most ideal form of Company for Startups to start a business and apply for funding from Investors. With a Private Limited Company, you can easily chase Bankers, Financial Institutions, and Private Equity Investors for the expansion of your business. Price to service, your leading legal consultant, offers quick Company Registration service in India at nominal pricing. Here you’ll find how you’ll register your company.
We lookout of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the corporate registration process, you receive a Certificate of Incorporation (CoI), along with side PAN and TAN. Now, you’ll open a current checking account and start your business operations.

Documents Required for Private Limited Company Registration

Private Limited Company Registration Required Documents

Advantages Of Private Limited Company

Easy to Form
Limited Liability
Easy to expand
Share Valuation
Enhanced Brand value
Management and Ownership Separation
Tax Advantages
International Exposure
Funds Allocation

How We Do It ?

Frequently Asked Questions - FAQs

What are all the documents required to complete the registration process?
All directors must provide identity and address proof, as well as a copy of the PAN Card and Passport (for foreign nationals). No-objection Certificate (NOC) must be submitted by the owner of the registered office.
How much it cost to run a private limited company?

The can be divided into various categories: cost of setting a private limited company, cost of accounting and auditing, cost of compliance and miscellaneous expenses. At the very minimum, you can expect to spend Rs. 50,000 on all of these.
What are the Eligible criteria to become Director To a Private Limited Company ?
Any natural person above the age of 18 years can become the director in the company after procuring Director Identification Number (DIN). And since there are no specific criteria provided in terms of citizenship or residency, a foreign national can also become a director. The application of DIN Allotment is now merged with the application for the formation of a company subject to a limit of maximum 3 DIN.

What is Authorized capital & Paid-up Capital mean ?

Authorized capital shows the maximum amount of capital that a company can raise by way of issue of shares at present or in the future. Whereas, the Paid-up Capital refers to the actual amount raised by a company i.e.; amount paid by the shareholders on the issuance of shares. One can register a company in India by any amount of paid-up capital which can be less or equal to the authorized capital but not exceeding the authorized capital.
NRI's OR Foreigners can become Directors OR Share Holders in Private Limited Company ?

Yes, a NRIs and Foreign National can become Directors in a Private Limited Company. They need to get a DIN from the Indian ROC. They can also be a majority shareholder in the company. Provided at least one Director on the Board of Directors should be an Indian Resident.
Can I use Foreign Direct Investment (FDI) for My Private Limited Company?

Yes, the Private limited company is suitable for making FDI (Foreign Direct Investment) in India. Now Foreign Direct Investment is allowed 100 % in India.

What are the primary requirements for starting a Private Limited Company?
To start a Private Limited Company, there should be minimum 2 directors and 2 shareholders in a private limited company. The Maximum number of members in a Private limited firm should be maximum 200 members. No governmental recommendation regarding the Minimum Paid-up Share Capital required for incorporation of a private limited company anywhere in entire India, as per the latest Companies (Amendment) Act of 2015. The mandatory requirement of getting the certificate for business commencement has also been repealed by this Amendment Act of 2015. Xerox copies of the PAN Cards of the Directors/Shareholders (Indian Nationals) or Copy of Passport (Foreign Nationals). DINs (Director Identification Numbers) and DSC (Digital Signature Certificates) of the Directors.
One Person Company should conduct Annual Board Meeting?

No, a One Person Company does not required to hold Board meeting like Private Limited Company. But they can conduct Board Meeting once in every half year calendar, Each Meetings gap shall not be less than 90 days.
What are the Annual Compliance to be performed by a Private Company?

During every financial year, the company must hold one Annual General Meeting (AGM) and at least 4 board meetings (one in each quarter). Further, the accounts and financial statements must be audited by an independent auditor. Subsequently, it shall file form AOC – 4 and MGT – 7 as part of Annual Compliance within given time.

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