5 Simple Steps to Private Limited Company

Upload KYC Documents of Directors

Digital CA Apply for DSC (Digital Signature) and RUN for Name Approval

Digital CA prepare Various Documents like MOA, AOA, INC-9 etc.

Digital CA file ROC Form with Supporting Documents

Get Company Incorporation Kit

Minimum Requirements

Minimum 2 Shareholders
Minimum 2 Directors
Atleast 1 of the Directors shall be an Indian Resident
The directors and share holders can be same person.
Minimum Authorised Share Capital to be Rs.1Lac
DIN (Director Identification Number) for all Directors
DSC(Digital Signature Certificate)for Directors, Share holders & Witness
1 Witness for MOA / AOA Subscriber

Basic Document Requirement List

Documents for Directors

1. Passport size photograph (ScanCopy)
2. PAN Card copy(Mandatory)
3. Proof of Identity
(Any one of the below)
-Passport
-Voter ID
-Driving License
-Aadhar Card

4. Proofof Residence (in the name of applicant)
(Any one of the below)
-Bank Statement
-Electricity Bill

Document for Business Place

Case-A: If the Property is Owned by any Director or Shareholder:
1. Sale deed of the Property
2. NOC from the owner (Digital CA will provide draft copy)

Case-B: If the property is taken on rent by any Director or Shareholder:
1. Rent Agreement
2. NOC from the owner (Digital CA will provide draft copy)
In addition to above anyone of Electricity Bill/Telephone Bill/Gas Bill/ Mobile Bill is required.

14999

Basic

All Inclusive Fees

Two DSC, Two DIN, Name Approval (RUN)*
Up to Ten Lakh Authorized Capital*
Incorporation Certificate, MOA+AOA, Share Certificate, GST Registration, Bank Account Opening Support

18999

Silver

All Inclusive Fees

Two DSC, Two DIN, Name Approval (RUN)*
Up to Ten Lakh Authorized Capital*
Incorporation Certificate, MOA+AOA, Share Certificate, Business Commencement Certificate, GST Registration, Bank Account Opening Support
Balance Sheet & Profit & Losss Preparation, Income Tax Filing, Boad Meeting Resolution, Directors Report, MCA Annual Filing, Auditors Appoitment

28999

Gold

All Inclusive Fees

Two DSC, Two DIN, Name Approval (RUN)*
Ten Lakh Authorized Capital*
Incorporation Certificate, MOA+AOA, Share Certificate, Business Commencement Certificate, GST Registration, Bank Account Opening Support, Finacial Statement Preparation, Income Tax Filing
Balance Sheet & Profit & Losss Preparation, Income Tax Filing,Boad Meeting Resolution, Directors Report, MCA Annual Filing, Auditors Appoitment
Trade Mark Registration, One Year GST Return filing (GSTR-3B/GSTR-1)

Features of Private Limited Company

Limited Liability Protection to Directors’ personal assets

Many times startups need to borrow money and take things on credit. In case of normal Partnerships,Partners personal savings and property would be at risk incase business is not able to repay its loans.

Better image and credibility in the Market

Private limited company is popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies preferto deal with Private Limited Company instead of proprietorship or normal partnerships.

Easy to raise funds and loans

Pvt. Ltd. company enjoys wide options to raise funds through bank loans, Angel Investors, Venture Capitalists, in comparison to LLPs and OPCs.

Favorite Business structure for Investors

Investors like to invest in Private Limited companies as it is well structured and less strings attached. Most important is that it is very easy to exit from a private limited company.

Easy to attract Employees

For startups putting together a team and keeping them for long time is a challenge, due to confidence attached to private limited structure, it is easy to hire people as well motivate them with corporate designations and stock options.

Easy to Sell

Private Ltd. is easy to sell, very less documentation and cost is involved in selling a Pvt. Ltd. company. Stamp Duty involved in selling shares is much lesser than selling the assets of the business.

**Important Notes

If authorised capital is up to Rs. 10 lakhs or above and registered address is situated in specific state then following stamp duty (actual basis) will be charge extra:

Punjab Rs. 10550, Gujarat & Rajasthan Rs. 5500, Kerala Rs. 2000, Madhya Pradesh Rs.7500.