Procedure for Register Private Limited Company in India

Introduction

Registering a private limited company is one of the best options for small businesses and start-ups to start their operations in India. It allows you to raise funds from investors, access capital markets, get loans from banks or even attract funding from governments. A private limited company can also be used by individuals who want to set up their own business without having to worry about shareholders’ rights or other legal issues related to incorporation (such as meeting deadlines).

Choose your directors.

To start the process of registering your private limited company, you need to choose your directors. The minimum number of directors required is one, but can be more than that depending on the nature of business being carried out by your company.

The role of a director is to ensure that day-to-day operations are running smoothly and efficiently. They can also take part in decision making when necessary or be consulted before any major changes are made to their company’s policies or procedures.

Choose a name.

The name should be easy to remember and understand. It should not be too long, as it might cause difficulty when you have to write it down. However, a short name can also be hard to remember by consumers.

The name of your company should be unique and different from other companies in India or abroad, so that customers do not confuse them with each other while making purchases at the market place (e-commerce).

It is important that your private limited company does not infringe on any existing rights or trademarks owned by other entities in India or abroad., You must avoid using names which might lead people into thinking they are linked with something else like “Ola” cab service which has been recently launched by Uber Technologies Inc., USA; “MakeMyTrip” travel booking website etc..

Draft MOA & AOA.

MOA and AOA are the most important documents for a private limited company. The Memorandum of Association (MOA) is a document that stipulates the nature of your business, which goals it will achieve, who owns it and how much money you need to start up. It also sets out some rules about how to run your business such as how often meetings have to be held or what percentage profits should be shared between shareholders.

The articles of association define the structure of governance within your company so that there’s no confusion over who has power over what decisions can be made by whom.

Get Digital Signature Certificates (DSC).

If you want to register your private limited company in India, then you need a digital signature certificate (DSC). A DSC is an official document issued by the government authority that confirms that a person has obtained his/her digital identity. It also certifies that this individual’s private key cannot be used for fraudulent activities and that he/she can sign documents using it. The validity period of DSCs is two years from date of issuance and it can only be used by one person at a time.

Apply for Director Identification Number (DIN).

The DIN is an important document for Indian companies. It is a unique number that is issued by the Ministry of Corporate Affairs (MCA). The DIN enables you to perform your duties as a director in India or abroad and also helps you keep track of your directorships.

To apply for this number, you need to visit an office of MCA in person with all required documents and documents such as PAN card and TAN Card etc., which can be obtained from any bank branch or post office.

Get Certificate of Incorporation.

In order to get a certificate of incorporation, you will have to apply for it at the Registrar of Companies office. The application should be accompanied by all required documents and fees.

After receiving your certificate, you will need to register your company with the state government under which it falls under; this is done by submitting an application form called form No. G-6/A-1 (to be downloaded from www.uodc.gov.in). The form can be downloaded on our website or obtained from any government office along with other necessary documents like Articles of Association etc.,

GST Registration.

GST registration is a mandatory step for any business that conducts business in India. It helps you to avail tax benefits and also get your business recognized as a legal entity by the government. You can register your private limited company by completing one-time process online with the help of our online registration form.

The first step towards making your business GST Compliant is to register it with us before starting its operations or whenever necessary changes occur in the company structure like change in name, formation of new subsidiaries etc.,

MSME Registration.

MSME registration is mandatory for all MSMEs. The registration process is done through the MSME portal, and it’s valid for 3 years. You can renew your registration online or offline by submitting an application form with documents that prove your existence as an MSE in India and proof of your company’s bank account details.

Private Limited Company registration is one of the best options for small businesses and start-ups to start their operations in India

If you are going to start your business in India, then the first thing that comes to your mind is Private Limited Company registration. It is one of the best options for small businesses and start-ups to start their operations in India.

You can set up a Private Limited Company within just one day by following some simple steps:

• Register with Registrar of Companies (ROC). A fee of Rs 2,000/- will be charged on application form submission and Rs 1000/- as processing fee by ROC. The application will take 45 days from date of receipt by them. After approval from registrar office, they send acknowledgment letter informing about commencement date and time frame for allotment letter etc..

Conclusion

Private limited companies are a great option for businesses and individuals who want to start up their own ventures. The only requirement is to register before you can start trading or earning profits from the business. You may have heard of other forms of companies that are similar to private limited companies but there are some key differences between them which we’ve outlined here in this article.