Register as Pvt Ltd company in india, Obtain a Digital Signature Certificate (DSC):
In order to initiate the registration process, it is necessary for the proposed directors of the company to obtain a Digital Signature Certificate. This certificate serves as a secure electronic identification for the directors, allowing them to digitally sign the required documents during the registration procedure. “DSC is necessary for filing online forms during the registration process. You can obtain DSC from certified agencies.
Obtain Director Identification Number (DIN):
Each director of the company must obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA). DIN can be obtained by filing an online application on the MCA portal.register as private limited company in india
Name Reservation:
Choose a unique name for your company and apply for name availability. You can do this by filing the RUN (Reserve Unique Name) form on the MCA portal. Make sure the name adheres to the naming guidelines specified by the MCA.
Drafting of Memorandum of Association (MOA) and Articles of Association (AOA):
Prepare the MOA and AOA, which define the purpose and regulations of the company. These documents need to be drafted in accordance with the Companies Act, 2013.register as private limited company in india
Incorporation Application:
Once you have the DSC, DIN, and approved name, you can proceed with filing the incorporation application. Fill the SPICe (Simplified Proforma for Incorporating Company Electronically) form on the MCA portal. The form includes details of the directors, registered office address, shareholding pattern, etc.
Payment of Fees:
Pay the required fees for company incorporation and stamp duty online through the MCA portal. The fees depend on the authorized capital of the company.
Certificate of Incorporation:
Once the application is processed and approved, you will receive the Certificate of Incorporation (COI) from the Registrar of Companies (ROC). The COI confirms the formation and legal existence of the private limited company.
PAN and TAN Application:
Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company. You can apply for PAN and TAN online through the NSDL website.
Post-Incorporation Compliance:
After incorporation, fulfil the post-incorporation compliance requirements, such as opening a bank account in the company’s name, obtaining necessary licenses and registrations, and maintaining proper books of accounts.
It is advisable to seek professional assistance from a company secretary or a chartered accountant to ensure compliance with all legal and regulatory requirements throughout the registration process.
Please note that the specific registration process may vary or be subject to updates based on the prevailing laws and regulations. Therefore, it is recommend to refer to the official website of the Ministry of Corporate Affairs (www.mca.gov.in) or consult with professionals for the most accurate and up-to-date information.
To visit https://www.mca.gov.in
FAQs
1. What is a Private Limited Company?
- A Private Limited Company is a type of business structure where the liability of shareholders is limited to their shares, and it cannot invite public investment.
2. What are the basic requirements to register a Private Limited Company?
- You need at least two directors, two shareholders, a registered office address, and a unique company name.
3. How do I choose a name for my company?
- The name must be unique, not similar to any existing company, and should not violate any trademarks. You can check name availability on the Ministry of Corporate Affairs (MCA) website.
4. What documents are needed for registration?
- Required documents include identity proofs (like Aadhar or PAN), address proofs of directors and shareholders, and the registered office address proof.
5. What is the process of registration?
- The process includes obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval, filing the registration application (Form SPICe), and obtaining a Certificate of Incorporation.
6. What is the typical timeframe for registering a Private Limited Company?
- The registration process typically takes about 15-20 working days, depending on the completeness of documentation and processing time.
7. What are the expenses associated with registering a Private Limited Company?
- The cost can vary based on authorized capital, but it generally includes government fees, professional fees (if you hire a consultant), and other incidental costs, ranging from ₹7,000 to ₹30,000.
8. Is it mandatory to have a registered office?
- Yes, having a registered office is mandatory for a Private Limited Company, and it must be a physical address in India.
9. What are the compliance requirements after registration?
- Post-registration, you need to maintain books of accounts, hold annual general meetings (AGMs), file annual returns, and comply with various regulatory requirements.
10. Is it possible for a foreign national to serve as a director in an Indian Private Limited Company
- Yes, foreign nationals are allowed to be directors, provided that at least one director is a resident of India.
