Private Limited (Pvt Ltd) Company Registration in India

Name: pvt ltd company registration
Brand: KLATH CONSULTANCY PRIVATE LIMITED
Rating: 4.9 (850 reviews)

Forming a Private Limited (Pvt Ltd) Company is a popular choice for entrepreneurs and startups in India due to its multiple advantages. These include limited liability protection, simplified capital raising and a distinct legal identity. This detailed guide explores every facet of Pvt Ltd company registration in India, from its benefits to the steps involved and the essential documentation required.

Whether you are a budding entrepreneur or an established business owner, this guide provides a clear roadmap to successfully establishing your Pvt Ltd company. By understanding the process and requirements, you can ensure a smooth registration experience, paving the way for your business's growth and legal compliance in the Indian market.

Understanding a Private Limited Company

A Private Limited Company (Pvt Ltd) in India is a secretly held commerce substance, perfect for business visionaries looking for an organized and legitimately compliant organization. It must have at least two shareholders but no more than 200, ensuring it remains a private entity. The shares of a Pvt Ltd company are not traded, maintaining its private status.

One of the key advantages is limited liability, meaning shareholders are only liable for the amount of capital they have invested. This structure not only provides legal protection to shareholders but also facilitates easier capital raising and business credibility. The Pvt Ltd format is preferred for its balance between operating flexibility and regulatory compliance, making it a popular choice for startups and growing businesses in India.

2 Directors

Minimum number of directors for incorporation is 2

2 Share Holders

Minimum 2 share holders are required . Shareholders and directors can be same.

Registered Office

Office address is required for registration. Address can be commercial or residential

Benefits of Registering a Pvt Ltd Company

Limited Liability:- Shareholder's personal assets are protected, reducing their financial risk in case the business encounters failure or legal issues, ensuring personal finances remain separate from company debts.

Separate Legal Entity:- The company has a distinct legal identity, allowing it to own assets, enter into contracts, sue or be sued freely and maintain a clear separation from its owners' personal liabilities.

Ease of Raising Fund:- Pvt Ltd companies, with their formal and structured setup, are more appealing to investors and venture capitalists, facilitate easier access to funds necessary for business expansion and operations.

Ease of transferring shares:- The existence of the company is not affected by changes in ownership or management, ensuring continuous operation and stability regardless of the departure or death of any shareholders.

Tax Benefits:- Pvt Ltd companies benefit from various tax exemptions and deductions under Indian tax laws, which can significantly reduce the overall tax burden and enhance benefits.

Documents required

Pan Card

PAN Card of shareholders and Directors.Foreign nationals must provide a valid passport..

Identity Proof

Can be Aadhaar/ Voter ID/Driving license/Passport of Directors and shareholders.

Address Proof

Latest Telephone Bill/Electricity Bill/Bank Statement /Gas/Water Bill of Shareholders and Directors

Photograph

Latest colour passport size photographs

Registered Office Address Proof

Latest Electricity Bill/ Telephone Bill/Water/Gas Bill of the registered office address

NOC From Owner

No objection certificate to be obtained from the owner of the premise.

Rent Agreement

Notarised rent agreement required if the address of the office is taken on rent.

If NRI Director/Shareholder

All the documents must be apostilled and notarised

Objective Of The Company

Details of the objective of the company

Share Holding Pattern

Shareholding patterns.

Minimum Two Names

Minimum two names in the order of priority

Our Process

Apply DSC

Obtain DSC in the name of directors

Apply for name

Approved Name

Uploading of MOA&AOA

Get Certificate of registration

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FAQ

1. Can Foreign nationals or NRI or foreign company/firm register a company in India?

Yes, an NRI, Foreign nationals, foreign companies/firm can start a company in India and also can invest in India as per the norms. However, while registering a foreign company one director should be an Indian National.

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