Private Limited Company Registration
Register your private limited company fast, easy and hassle free with India’s fastest growing
platform in just 10 days. You just connect with our expert and rest our team will do.
Start your business with EAdvisors.
What you get?
- Certificate of Incorporation of Company
- Name Approval
- Permanent Account Number (PAN) Card
- Tax Deduction Account Number (TAN)
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Memorandum of Association
- Articles of Associates
- Assistance in opening Bank Account
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Company Registration Online with EAdvisors.
Now getting a Company registration is easy, hassle fee and quick,
With EAdvisors company registration expertise
Provide your exact requirement like number of director, location and business activity through our contact form
Discussion with Expert
EAdvisors expert will contact you to discuss about registration process, documents required and resolve your queries to help you with Company Formation.
Drafting of Application
Drafting of registration application, MOA, AOA, director consent and declaration as per requirements of Companies Act 2013.
Issuance of Certificate
Concerned ROC will issue certificate of incorporation of company, Income tax department allot PAN and TAN etc.
Private Limited Company incorporate under Companies Act 2013 and governed by Registrar Of Companies (ROC) and Ministry of Corporate Affairs. A private limited company, is a type of privately held small business entity, in which owner liability is limited to their share capital, the entity is limited to having 200 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates. A private limited company is managed by directors or board of directors of company who can be different from the shareholder of the company. Private limited company is eligible to get start up registration, easy funding due to transparency and submission of financial at ROC etc.
EAdvisors is leading and most trusted brand to register private limited company in India, that too with in 10-20 days from handover of all documents to EAdvisors Company Registration Expert Team.
Registering a company offers many Company Registration benefits. A registered company increases the authenticity of your business. It helps your business:
- Promoters of private limited company can incorporate private limited company with any amount as share capital. Minimum share capital is no more mandatory for registration but its recommended to have at-least Rs. 1 Lakh share capital.
- Protection from personal liability to promoters, share holders and directors from losses and risk.
- More recognition to attract more customers
- To sue means to institute legal proceedings against or to bring a suit in a court of law. Just as one person can bring a legal action in his/her own name against another in that person’s name. Private limited company can purchase or sell assets its own name.
- Procure investment from reliable investors and bank credits with ease.
- Increases the potential to grow big and expand
- A company has ‘perpetual succession’, that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death of shareholder or director.
As per the requirement of Companies Act 2013, applicant must guarantee that the checklist requirements are met.
- Digital Signature Certificate of proposed directors are mandatory for registration of private limited company along with consent of directors.
- Director Identification number is mandatory for to appoint director in private limited company. DIN is 8 digit numeric number allotted by ROC.
- Private Limited Company name should be unique should not match with existing name of company and registered trademark.
- Minimum Two director (Maximum 15) must be required and at least one of which should be Indian Citizen for incorporating Private Limited Company.
- Company must have registered office for incorporating private limited company. Registered office can be residential or commercial space along with proper NOC from owner of property.
- As per new guideline and rules, there is no requirement of minimum capital but authorised capital should be 1 lakh.
Here are the documents required for Company Registration:-
Identity And Address Proof (Director)
- PAN Card or Passport (Foreign Nationals & NRIs)
- Voter’s ID/Passport/Driver’s License
- Latest bank statement/telephone or mobile bill/electricity or gas bill
- Passport-sized photograph specimen signature (blank document with signature [directors only])
Registered Office Proof
- Latest bank statement/telephone or mobile bill/electricity or gas bill
- Notarized rental agreement in English
- No-objection certificate from the property owner
- Sale deed/property deed in English (in case of owned property)
EAdvisors provides you facility to get private limited registration from home. Provide us document through email or whatsapp to our Company Registration Expert Team. EAdvisors will assist you in getting private limited company registration with in 10-20 working days.
EAdvisors Private Limited Company Registration package includes:
- DIN (Director Identification Number) for two Director
- DSC (Digital Signature Certificate) for two Directors
- MoA (Memorandum of Association)
- AoA (Article of Association)
- Registration fees and stamp duty
- Company Incorporation Certificate
- Permanent Account Number (PAN)
- Tax Deduction and Collection Account Number (TAN)
Here are the Company Registration Updates:-
- Some relaxation has been provided by The Ministry of Corporate Affairs on levy of additional fees in filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non – XBRL and MGT-7/MGT-7A for the financial year 31.03.2021 under the Companies Act, 2013.
- As per the latest news, MCA had flagged the DINs of Directors found to be disqualified under sub-section 2(a) of section 164 of the Companies Act, 2013 w.e.f 1st November 2016 for a period of 5 years. This updation is primarily for DIN holders, that specifies DINs are eligible to be de-flagged on expiry of the period of disqualification are in the process of verification.
- Certain relaxation has been given by MCA on levy of additional fees in filing of certain forms under the Companies Act, 2013 and LLP Act, 2008.
- As per MCA notification, Form MGT-7/MGT-7A is likely to be revised on MCA21 company forms and can be downloaded from MCA portal w.e.f 14 October, 2021. For the Stakeholders of the company it is advised by the authority to kindly have a check on the latest version before filing and avoiding any inconvenience.
Here are the list of Company Registration Compliances which can also be termed as ROC Compliance for Company Registration:-
- Commencement of Business (Form 20A is required for commencement of business)
The primary footstep for commencing business is to file a certificate of commencement of business. Being the most important compliance without which the business cannot be established.
DUE DATE: Within 180 days of the date of incorporation of the company
PENALTY: 1,000 per day and up to maximum Rs. 1,00,000
- Appointment of First Auditor (ADT-1 is required for appointing the auditor)
After commencement, now comes the second important stage of appointing the auditor. For keeping the proper and correct books of account, auditors are demanded.
As per Section 139(6) of the Companies Act, 2013, first director shall be appointed by the Board of Directors or the members of the company.
DUE DATE: Within 30 days of the incorporation of the company
PENALTY: Bare of penalty, inclusive of late fine
- Maintenance and Preparation of Registers
To adhere to the statutory requirements, maintaining records and registers is a supreme responsibility. Registers must be kept at registered office of the company for displaying true picture of the company’s state of affairs.
1. Register of Company
2. Register of Members
3. Register of Directors and Key Managerial Personnel
4. Register of Charges
- Normal Compliances for Company Registration
Form DPT-3 – a form to be filed by companies which has accepted deposits under section 73 of the Companies Act, 2013 and rules made thereunder. The due date stands 30TH June.
Form DIR-12 – a form filed to notify ROC about the appointment or change or resignation of Directors and Key Managerial Personnel. The due date for this form specifies within 30 days from the appointment/resignation of director.
Form MGT-14 – a form that is needed for filing Resolutions with ROC, passed by directors and shareholders of Board Meeting. Its must be filed within 30 days from the passing of resolution.
Form BEN-2 – a declaration wherein beneficial owner of a company disclose their interest and shares in the company. To be filed within 30 days of receipt of the declaration by the Significant Beneficial Owner in BEN-1.
- Annual Compliances for Company Registration
AOC-4 – every company must file its financial statement of the company in the prescribed form with ROC. The form is to be furnished by 29th October or within 30 days of its Annual General Meeting. And the Penalty will be charged, Rs.1000 for every day of default up to maximum of Rs. 10 Lakhs.
MGT-7 – every company shall file its annual return in the prescribed form except for One Person Company and Small Company along with certification of professional from CA or CS. To be filed within 60 days from the Annual General Meeting on or before 30th day of September. And invite penalty of Rs. 100 per day of delay.
(Note:MCA has introduced a new eform MGT-7A. One Person Company and Small Company shall file its annual return without the requirement of certification by any professional.)
- DIR-3 KYC/KYC Web – application for KYC of Directors to be submitted annually by the directors on or before 30th September to avoid heavy penalty of Rs. 5,000.
Continue reading the page to know How to Register a Private Limited Company in India?
For Company Registration in Delhi, you can contact EAdvisors.
Company Registration Process
The first day is when a client sends documents. The day when we receive the client’s documents that are required for the registration process and on the same day itself we draft and apply for name approval application.
Generally, ROC approves the name application within 1-2 days from the date of submission application. So, two days are the days, ROC takes for granting, rejecting or resubmission the name application.
After the primary part of name approval is done, drafting of all the necessary documents like MOA, AOA, Director’s Consent and other related document for signing from the proposed directors of the company.
The next and the most crucial step is filing application for incorporation of company. The crucial and yet time taking step, which takes us 2 days and remaining days Are taken by ROC for approving the incorporation application of the company.
*Note:- For submission of online applications with ROC we will require signed documents from the directors. In case of any delay in providing of documents, will further delay in submission in incorporation application.
On the 10th or 12th day we are ready to issue our client the required certificate of incorporation of the proposed company.
That’s how our EAdvisors plan the work with Quality!
DSC is the Digital Signature Certificate that is termed as electronic signature of a person that are useful in case of filing forms online on the MCA Portal. Not only on the MCA Portal, but also for filing returns under GST and Income Tax Portal, DSC is useful. Explore Landing
Registered Place of Business
Every business entity must have a registered place of business, that must be registered with the department so that no one else can operate the business in that place. Therefore, every company must have a registered place of business where all communications and notices to the company shall be sent. Explore Landing
DIN is the Director Identification Number that is issued to directors either existing or to the new directors. DIN consists of personal information of the Director in which he/she is a director. It is a unique number that is alloted by the department to the directors. Explore Landing
NOC from Landlord
When the company wishes to operate the business on the rented premises, then, it is necessary to obtain NOC from the landlord as an approval from the landlord to conduct business. Therefore, NOC is an essential document for operating a trade. Explore Landing
For approving the name of a company that must be unique, an application is necessary t0 be filed in the format as given by the MCA and also payment must be made with the Ministry of Corporate Affairs. Explore Landing
Certificate of Incorporation
Certificate of Incorporation (COI) is the most important document to form a company as it is considered as a legal license that is issued by the government to run the business legally. Explore Landing
Online Company Registration
EAdvisors offers you various benefits
How to check DIN status?
Checking the DIN Status is a simple process that requires only 3 steps, namely:-
- Visit the MCA website
- From the menu of the MCA give, choose the option, named as “MCA Services”
- MCA Services will offer a further list, from there select the option of “DIN Services”
- DIN Services will further give you three option, select the first option specified as “Enquire DSC“
How to check Company Name?
To check a company name, you must visit the MCA Portal. However, for you ease, providing you with the link of article that will help you with the process of checking a company name. To brief you a little, checking a company name requires only for steps, the steps are as follows:-
Step 1 : Visit MCA Website
Step 2 : From the MCA Homepage, select “MCA Services”
Step 3 : From MCA Services, further subheadings displayed, choose “Company Services” option.
Step 4 : Under Company Services, select the option of “Check Company Name”
Frequent Asked Questions (FAQs)
Pvt. Ltd. Company Registration
A company is a legal entity formed by association of persons. As per Section 2(20) of the Companies Act, 2013 company means a company incorporated under this Act or under any previous company law.
Having main features:
- Artificial Legal Person
- Separate Legal entity
- Limited Liability
- Perpetual Succession
- Transferability of Shares
A company can be started with minimum 2 shareholders and maximum allowed shareholders are 200.
Varying upon different factors the cost of incorporation is decided. Depending majorly are authorised share capital, no. of directors, members and Professional fees of consultant.
To form a company, it requires various steps. Like: –
Step 1: Acquire Digital Signature Certificate (DSC)
Step 2: File Name Approval Application in INC-1
Step 3: Preparation of Documents for Incorporation of Company
Step 4: Apply for Certificate of Incorporation (COI)
Step 5: Issuance of Certificate of Incorporation by ROC
The necessary documents without which company cannot be formed are: –
Identity: PAN Card, Aadhaar Card is compulsory along with Voter ID/Passport/ Driving License
Address Proof of the Director: Any one from latest bank statement, telephone bill or electricity bill
Registered Office Proof of the company:
- Latest bank statement/ telephone/ electricity bill.
- Notarized rental agreement with NOC from property owner.
- Ownership proof if property owned
Not really, but YES for Non-Residents to register a company. While for the verification of the residence living in India, PAN Card, Aadhaar Card and any one from Voter Id/ Passport/ Driving License for Identity proof shall be sufficient.
A Big NO! As the identity proof shall be a Government document. So only the telephone bills issued by BSNL, MTNL are allowed.
Of course! A person can mark his residential address as a registered office address. But making sure prior approval or NOC is taken for carrying on the business.
NO! Due to the apartments having their private company generating bills and not being Government-Recognized. Hence, only those documents declared by the government shall be considered for verification purpose of the director’s residential address.
This entity is a legal entity enjoying the feature of limited liability. Also having perpetual succession as a major advantage that avoid interrupted existence of the company. Private Limited Company has a privilege of raising funds from Angel Investors or Venture Capitalists. And the benefits continue.
Any entity that is incorporated as a Private Limited Company, Registered Partnership or LLP are eligible for getting registered in Start-Up India. And keeping in mind that entity must not be having annual turnover of more than Rs. 25 Crore.
Initiating with the process of Name approval requiring 2 days (approx), getting the Digital Signature Certificate in another max. 2 days and getting other documentation done, it takes around 10 working days. And surprisingly, as the MCA has provided with single-application form, a company can be created in a day also.
As the advancement of technology has risen, one can simply WhatsApp or Email the document and communicate with the consultant on telephonic media.
By all means, from 1st June, 2007 itself DIN is mandatory for the directors to obtain. Without which efiling cannot be taken place. Hence, it is an Important requirement to be adhered by all the directors.
DSC has been made mandatory by the Ministry of Corporate Affairs during the company registration. Not for all directors but specifically for Authorized Signatories of the company DSC must be obtained.
Private Limited Company provides Angel Investor’s with easy investment opportunities and uncomplicated ways of raising of capital that Limited Liability Partnership lacks in. That’s why, Private Limited Company is preferred over LLP.
To choose a business entity that suits you best, you must read the questions given below to get clarity regarding it.
Are you wiling to share your profits with other people?
IF YES, then you can choose Private Limited Company
IF NO, the Sole Proprietorship would be best for you,
IF there is a need for investment from third party (Angel’s Investors)
IF YES, then you can start Private Limited Company.
IF NO, then opt for other business entity.
Are you interested in starting a big company where share can be transferred easily to others?
IF YES, then you can start Private Limited Company.
IF NO, then opt for other business entity.
Yes. Why not! But following the pre-requisite mentioned. It states there must be at least one director residing in India for registering a company by NRIs or foreign nationals.
Yes. With prior to consent of the director, company can use his property as a proof for residential address.
YES, with the prior consent or NOC from the Director’s parents, one can use it as a registered address proof.
For obvious reasons, the presence of a professional including CA, CS, Advocate is a must-have thing to register a company. For fulfilling the legal compliances and certification purpose it is required to have a professional appointed.
Without giving any second thought, go for Private Limited Company. As it is mostly preferred entity by angel investor to provide investment to.
The annual compliance cost estimated for Private Limited Company is around Rs. 15000 per year.
Private Limited company have a maximum limit of 200. And if this limit is exceeded then that company will not be considered as a Private Limited Company.
Ownership: – In case of proprietor the ownership is with one individual running whole business alone. Whereas in Private Limited Company there are more than one member running the business smoothly with private ownership having legal protection to the shareholders.
Policy Making: – In proprietorship, the sole person has the right of making decisions of his business. On the other side in Private Limited Company, decision making is done by the Board of Directors who may not be the shareholder of the company.
Transferability of Ownership: – One cannot transfer his ownership in proprietorship and has to be simply close down the business if the owner cannot run the business. But in case of Private Limited Company, ownership can easily be transferred.
As per the provision of the Companies Act, 2013 to incorporate a Private Company, there must be minimum 2 members and maximum of 200 members. Therefore, it’s not possible with one member to form a Private Limited Company.
YES, audit is a compulsory and legal compliance to be done by every company registered under the Companies Act. Along with this an Auditor must be appointed within 30 days of incorporation.
No, According to Section 149(1) of the Companies Act, 2013 requires every company shall have minimum of two directors and maximum of 15 directors.
A director can invest his own fund in the company. But in case, the director has taken a loan for other purpose and using that borrowed money in the company then he will not be allowed to invest it in the company.
In OPC, where the paid-up share capital of an OPC exceeds fifty lakh rupees or its annual turnover exceeds two crore rupees during the relevant previous year it will cease to be an OPC. So, due to restriction of capital in OPC, a Private Limited Company can be preferred having wide scope of capital and being a better option too.
As per Section 149(1) of the Companies Act, 2013 the maximum limit is 15 of directors to be appointed in Private Limited Company.
On the basis of members required: LLP having minimum 2 and maximum not defined. Company having 2 as minimum and 200 as maximum directors.
On the basis of Compliances: LLP has to comply with less compliances and Company has to comply with high and legal compliances.
On the basis of transfer of ownership: In LLP, transfer of ownership will require an agreement to add or remove a partner in LLP. And in Company one can do so by transferring the shares of the company. Here, transfer of ownership is easy in LLP as compared to Company.
On the basis of Audit requirement: In LLP, no audit required unless partner’s capital exceed 25 Lakhs and annual turnover exceeds 40 Lakhs. Whereas in Company, Statutory Audit under Companies Act, 2013 is mandatory.
On the basis of Tax Structure: LLP is not a tax efficient structure compared to a company having certain limitation. Like, where a person wants to start a manufacturing business a company will be beneficial giving lower tax rate of 17.16% in comparison to LLP.
Transfer of ownership: Partnership firm can transfer the ownership by making the agreement for it. In case of Company, one can do so by transferring shares of the company.
Registration: In Partnership deed registration is optional whereas in company, it must be registered with ROC.
Audit requirement: In Partnership firms audit is not necessary but in case of company audit is a mandatory compliance to be done every year.
Compliance: There are less compliance in case of Partnership firm while company has huge list of annual and other compulsory compliances.
Dispute between owners: There are high chances of occurring disputes in partnership firm while in Company dispute between owners will not hamper the company’s ongoing.
On the basis of members requirement: Public Limited Company having minimum of 7 and maximum not defined. And Private Limited having minimum 2 members and maximum 200.
On the basis of directors’ requirement: Public company shall have minimum of 3 directors and maximum 15 directors. While in Private Co. it shall have minimum 2 directors and maximum 15 directors.
On the basis of transferability of shares: In Case of Public Limited Company shares are freely transferable which means it can be freely traded in open market. Whereas the shares of Private Limited Company are not freely transferable having restrictive clause in the Articles.
On the basis of Compliance: In Public Limited Company, compliances are comparatively huge as compared with private limited. Private Company enjoys less compliances.
On the basis of raising funds: Public Company can raise funds from public by issuing a prospectus. But a private limited company cannot raise funds from public having restriction applied on it.
On the basis of Start-up India Registration: Public Companies are not eligible to get registered under Start-up India scheme whereas Private Company enjoys all the benefits provided under Start-up India.
By visiting MCA portal and conduct company name search to check whether name availability is there or not. To select a name of the company, you must consider the below given points.
- The name of the company against whom trademark is already taken by other.
- Not restrictive by any government authority (for instance: Bank, Government, State government, centre government etc)
- Name identical to any existing company.
- Generic names will not be allowed.
Keeping all the above points in mind, one must have 2-3 unique names decided for the company as it is asked in the name approval application. According to the preference, names can be mention in the application
Regarding the time involved: – After filing of application for the same with MCA, 90 days is usually considered for striking off the company’s name from MCA portal.
Regarding the cost for shutting down: –
- Government Fees – Rs.10,000
- Documents Auditing Fees – vary
- Professional Fees – depending upon on consultant
For selecting a name of the company, there are certain restriction mentioned below. To name a few: –
- A name against whom a trademark is already registered cannot be taken by other.
- Not restricted by any government authority.
- Name identical to an existing company.
- Generic names not allowed.
YES. In case of active trademark with applicant, application can be made for company registration.
No, A proprietorship firm cannot be converted into Private Limited as there is no prescribed clause mentioned in the Act.
Surely, NOC from trademark holder will be required prior to getting a company name with same trademark.
SPICe+ form is required to be filed for registering a company on MCA Portal. It is an integrated Web form offering 10 services by Central govt Ministries & Departments.
Yes, by following the procedure of conversion as mentioned in the law it is possible. Also, there has to be a provision already stated in company’s articles to convert a firm into a company.
Form AOC-4: every company must file its financial statement in the given form.
Form MGT-7: every company must file its annual return in the given form.
These two forms specifically are to be filed mandatorily and by every financial year by all companies.
As per the provision of the Companies Act, 2013 every company registered under the Companies Act, has to maintain its books of accounts duly audited by a qualified professional. As audit ensure true and fair picture of the company’s financial. Therefore, audit is compulsory to be conducted.
As per the provisions mentioned in Section 366 of the Companies Act, 2013 and Company ( Authorised to Register) Rules, 2014 LLP can be converted into a Private Limited Company.
There is no such restriction for shareholder. Any family member can become shareholder of company.
Yes, Shareholder of a company can also appointed as the director of a company.
A salaried person can register a private limited company.
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