Private Limited Companies are regulated by the Companies Act, 2013 & registration is granted by the Registrar of Companies, Ministry of Corporate Affairs and therefore, there is uniform process and documentation. Below is the list of documents and information required for Private Limited Company registration: -
For Foreign National the Copy of passport is mandatory. All foreign nationals and non – resident Indians should provide notarised or apostilled or counsularised documents from the Indian Embassy in that country. It is mandatory to provide documents in the languages English or Hindi only, if In any case the documents are not in English or Hindi, then the certified translation copy should be attached.
Two. They could be individuals or legal entities.
Two. The Directors must compulsorily be individuals. They cannot be corporate bodies.
Rupees One lakh (INR 100,000). However the requirement of minimum share capital may go up if certain words such as India (INR 500,000), Asia (INR 5,000,000), Global, Universal, Industrial (INR 10,000,000) are chosen as part of the company’s name.
An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
For Registered Office Address
No, you will not have to be present at our office or appear at any office for the registration of a Private Limited Company. All the documents can be scanned and sent through email to our office. So
We can incorporate a Private Limited Company for in 14-20 days. The time taken for registration will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process.
No, LLP cannot be converted to a Private Limited Company as it is not permissible by the government of India. Both the LLP Act, 2008 and the Companies Act, 2013 are silent about the matter and haven't done any amendments on the same. However, if you want to expand your business you can register a Private Limited Company with INC-29 which has simplified the process of registration.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.
No. At least one director is required to be an Indian National though he may not be a shareholder.
Yes. Every individual who is contemplating a position of a director in an Indian company must obtain a Directors Identification Number (DIN) before he can become a director in an Indian company.
An application needs to be submitted to the MCA DIN Cell to obtain a DIN.
Identity proof and address proof is mandatory for all the proposed Directors of the Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
Yes, a salaried person become the director in private limited company, there are no legal bondages in this, but you have to go through with your employment agreement if it contains any restrictions on doing so.
First ensure that company name is not similar to any other Private Limited, OPC, LLP or Public limited company. Also, do check if your first is not a registered trademark taken by anybody under the IP Act. Also, make sure the name is not too generic to be accepted by the ROC and also, try not to use abbreviations, adjectives. While choosing the name make sure that name should contain the objective of the business like if the objective is IT then the name should contain Technology, Technosoft, IT consultancy.
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