Private Limited Company
Private Limited Company

Dir Documents:

Pan
Aaadhar
Voter/Driving License/Passport
Bank Statement/Passbook/Telephone Bill/Any Utility Bill
Photo

Other Documents:

Electricity Bill / Property Tax
Rental Agreement
NOC

Includes:DSC, DIN, Name Reservation, MoA, AoA, Incorporation, Stamp Duty, PAN, TAN, GST Registration, EPFO Registration, ESIC, Bank Account Opening, Gov. Fee, Processing Fee.
Duration: 14 Working Days
Working Area: Pan India

Private Limited Company

Private Limited Company has become the most common and popular kind of corporate legal thing in India. Private Limited Company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Businesses Incorporation Rules, 2014. To enroll a Private Limited Company, a minimum of 2 shareholders and 2 directors are required. A natural man could be both a director and shareholder, though a corporate legal entity can just be a shareholder. Further, foreign nationals, overseas corporate entities or NRIs are allowed to be and/or Shareholders of a Company with Foreign Direct Investment, which makes it the preferred choice of thing for overseas promoters.

Unique qualities of a Private Limited firm like Limited Liability protection to investors, ability to raise equity capital, independent legal entity standing and perpetual presence make it the much advocated form of business thing for countless small and medium sized companies which are family owned or professionally handled.

Kanoons is the industry leader for solutions concerning business registration in India. Kanoons can allow you to enroll a Private Limited Company, One Person Company, Nidhi Firm, Section 8 Firm, Producer Company or Indian Subsidiary. The normal time required to complete business formation is approximately 10 – 15 working days, subject to authorities processing time plus customer record entry. Receive a totally free appointment for private limited company registration and business startup by scheduling a consultation with a Kanoons Advisor.

Kanoons (Business Registration Services Supplier). We’ll assist you with business formation process and brand new business formations procedure. All of the business registration information will be provided to you from our specialists.

click here for GST Registration

Regular Price
Offer
Incl. GST
GST Credit
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Gov. Fee

: ₹20000
₹14499
: ₹17109
: ₹2610
: ₹5501(27%)
: Included

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In India, a Private Limited Company is a Privately held entity with constrained legal responsibility, and it ranks a number of the Nation’s most desired enterprise systems. This recognition is mainly attributed to its numerous advantages, including confined legal responsibility safety, ease of formation and renovation, and its repute as a awesome felony entity. A Private Limited Company enjoys felony separation from its owners and necessitates at least two members and two directors for its operation. Here are the important thing traits of a Private Limited Agency in India:

  • Limited Liability Protection: Shareholders of a non-public restricted employer are dependable simplest to the quantity of their shareholding. Their belongings continue to be safeguarded, even in cases of monetary setbacks incurred through the business enterprise.
  • Separate Legal Entity: A non-public employer possesses its very own distinct legal identification. It can own assets, have interaction in contracts, and provoke or guard felony movements underneath its unique name.
  • Minimum Number of Shareholders: A personal corporation have to have at the two shareholders and cannot exceed two hundred shareholders.
  • Minimum Number of Directors: A non-public limited organization necessitates two directors. At least the sort of administrators should be an Indian citizen.
  • Minimum Share Capital: The organization have to maintain a minimum paid-up capital of Rs. 1 lakh or a better amount as unique.
  • Name of the Firm: The private restrained agency’s call need to finish with the words “Private Limited.”
  • Restrictions on Share Transfer: The right to transfer stocks within a Private Limited Company is restricted. Shares can handiest be transferred with the approval of the Board of Directors or following the enterprise’s Articles of Association.
  • Prohibition on Public Invitation: Private restrained companies are prohibited from inviting the public to join their shares or debentures.
  • Compliance Requirements: Private Limited Companies are obligated to stick to various prison and regulatory obligations, such as preserving proper monetary facts, carrying out annual preferred meetings, and filing annual returns with the ROC.

In precis, the attributes of a non-public restrained employer in India make it a favored choice among marketers, attributable to its high-quality functions and relatively trustworthy shape.

Advantages of Private Limited Company (PVT LTD)

A Private Limited Company is one of India’s most famous business systems. It gives several benefits and a few risks, let us explain.

  • Limited Liability: Shareholder’s duty is restricted to the extent in their capital contribution, safeguarding non-public assets from the company’s monetary obligations and liabilities.
  • Distinct Legal Identity: A Private Limited Company maintains a distinct legal identity independent of its owners. It has the capacity to own assets, engage in contracts, and initiate or defend legal proceedings under its own name.
  • Continuous Existence: The business enterprise’s life persists regardless of shifts in shareholders or directors. Its lifestyles isn’t always contingent upon the lifespan of its friends.
  • Ease of Funding: Raising capital by way of issuing shares to investors, mission capitalists, or angel investors is less difficult. This structure attracts external investment.
  • Tax Benefits: Private Limited Companies can also qualify for various tax blessings and exemptions, making them tax-green entities.
  • Credibility and Trust: Having “Pvt. Ltd.” for your organization call frequently instills greater self belief and agree with in clients, providers, and partners.

Disadvantages of a Private Limited Company

  • Compliance Burden: Face regulatory needs, inclusive of financial reporting, filings, and audits.
  • Complex Setup: The intricacies involved in management processes incur higher costs compared to more streamlined systems.
  • Share Limits: Restricted share transfers; max 200 shareholders in India.
  • Public Disclosure: Financial info is publicly viewable, impacting privacy.
  • Exit Complexity: Selling or leaving is more complicated than with different systems.
  • Slower Decisions: The participation of shareholders and directors can contribute to delays in decision-making.

Why Kanoons for Private Limited Incorporation?

Kanoons makes a speciality of Company Registration offerings in India, providing comprehensive steerage and guide at some stage in the registration process. Our group of professionals offers expert consultation tailored to your particular requirements and business goals.

Selecting the suitable call on your agency is important, and Kanoons’ specialists will useful resource you in choosing a unique and fitting call that aligns with ROC pointers. We’ll behavior a call availability search and facilitate the reservation of your selected call, reflecting your business identity.

Compiling the vital documentation for agency registration can be overwhelming, but our professionals will manage this assignment effectively. We will guide you in assembling all required documents, ensuring accuracy and compliance.

To sign up a personal constrained agency, directors must reap a Digital Signature Certificate and Director Identification Number (DIN). We will manual this system to make sure you possess the certifications for seamless registration.

By selecting Kanoons on your Company Registration wishes, you could be assured that your private restricted business enterprise registration may be managed professionally and efficaciously. We goal to simplify the technique, permitting you to concentrate to your business goals even as we address the criminal requirements. Embark on your entrepreneurial journey with warranty by using registering your corporation thru Kanoons.

Get started now and embark in your entrepreneurial journey with self belief!

Post-Incorporation Formalities for Private Limited Company

Following the a success incorporation of a Private Limited Company, precise compliance formalities should be adhered to, similar to the ones relevant to OPC. Our specialists are prepared to assist you in pleasant Private Limited compliance requirements, making sure that your business remains in complete felony compliance.

Basic

₹20000

₹14499/-

  • 2/3 Digital Signatures (DSC) - Class 2*
  • 2 Director Identification Numbers
  • Name Approval*
  • Upto 10 Lakhs Authorized Capital *
  • Incorporation Fee
  • Stamp Duty *
  • Incorporation Certificate
  • Pricing Feature
  • PAN & TAN
  • Hard-copy Share Certificates
  • Account Opening*
  • GST Registration
  • MSME/Udyog Aadhar
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director's Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 12 GST Return Filing (GSTR-3B or GSTR-1)
  • Trademark Registration
Professional

₹35000

₹29499/-

  • 2/3 Digital Signatures (DSC) - Class 2*
  • 2 Director Identification Numbers
  • Name Approval*
  • Upto 10 Lakhs Authorized Capital *
  • Incorporation Fee
  • Stamp Duty *
  • Incorporation Certificate
  • Pricing Feature
  • PAN & TAN
  • Hard-copy Share Certificates
  • GST Registration
  • MSME/Udyog Aadhar
  • Account Opening*
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director's Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 12 GST Return Filing (GSTR-3B or GSTR-1)
  • Trademark Registration
Premium

₹99999

₹59499/-

  • 2/3 Digital Signatures (DSC) - Class 2*
  • 2 Director Identification Numbers
  • Name Approval*
  • Upto 10 Lakhs Authorized Capital *
  • Incorporation Fee
  • Stamp Duty *
  • Incorporation Certificate
  • Pricing Feature
  • PAN & TAN
  • Hard-copy Share Certificates
  • GST Registration
  • MSME/Udyog Aadhar
  • Account Opening*
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director's Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 12 GST Return Filing (GSTR-3B or GSTR-1)
  • Trademark Registration

*Account Opening: We just assist you in opening Current Account in one of our partner’s bank.

No Late Fee

It has been observed that numerous small businesses incur significant penalties every year for late filing of various statutory returns to the Government. These penalties are non-tax-deductible and can adversely affect the profitability of these enterprises. At Kanoons, our primary objective is to offer cost-effective services to our clients and assist them in avoiding any late fees. In line with our commitment, we have developed cutting-edge technology that enables businesses to stay ahead of compliance requirements and prevent any penalties. Explore our range of compliance services below to ensure smooth and hassle-free operations.

FAQ

What is Private limited company?

Private Limited Company registration has become easily the most common legal structure alternative for companies in India. A private limited company may have a minimum of 2 members and a maximum of fifty members. In an situation of default, banks/creditors can simply sell business’s resources but not personal assets of directors. If you wish to start an organization in India then make certain that your organization is registered as Business Registration needs to be your first priority. It’s essential to register your business as a registered firm have multiple benefits from simple to enroll to simple to dissolve.

Start-ups and growing businesses favor private limited company because it allows outside funding to be increased easily, limits the obligations of its shareholders and lets them provide employee stock options to pull top talent.

Private Limited Company Registration may be achieved through kanoons(company registration agent). If you would like to register your company then you can totally rely.

What is the limit for Directors in a Private Limited Company?

A minimum of two Directors are necessary for incorporation of Pvt Ltd Company, among the said Director shall be a resident in India, i.e. ought to be in India for a period of 182 days or more in the prior fiscal year. But a private business may have a max of 15 Directors.

Why is the Private Limited Company the best option for start-ups?

To be able to do the idea to a long-term business, choosing the correct type of company is vital.
Limited legal compliances
No minimal funding Contributions
Want only 2 managers and investors (both are the Exact Same individual )
Funding could be increased
Limited liability of those members

How do I start a private limited company?

Starting a business is simple through kanoons. All that’s required are PAN card of this promoters, speech evidence and bank statement duplicates of the promoters together with speech proof for the registered office address. A business may be launched in approximately 10 – 15 days. In case you’ve got the essential documents, register for one of those bundles and have a business registered with advice from one of our Advisors.

What is limited liability protection?

Limited liability is that the status of becoming legally accountable only to a restricted sum for debts of an organization. Contrary to proprietorships and partnerships, at a private limited company the liability of the shareholders in regard to the organization’s responsibilities is constrained. To put it differently, the responsibility of the shareholders of a business is restricted just to the worth of shares taken them up.

How long does it take to register a private limited company?

Normally, private limited companies are enrolled by kanoons in 10 to 15 days. The processing time could change on a case to case basis dependent on the time required by our customers to submit the required files and government processing period.

How to choose a name for Private Limited Company to avoid rejection?

The business name ought to be chosen with utmost caution. The principles for choosing a business are:
· The name should be ended with the words ‘Private Limited’ which are mandated by law.
· The title has to be unique.
· Practice the naming guidelines for greater odds of approval.
· Title ought to be suggestive of their business enterprise.

Can a Foreign Company incorporate a Private Company?

According to the Companies Act 2013, there’s absolutely no minimum requirement for Paid-up Chat funds. However, each shareholder must subscribe to a minimal one talk

What are the mandatory compliances for a Private Limited Company?

The common Compulsory compliances are:
Appointment of auditor
Statutory audit of balances
Filing of annual yield
Filing of financial statements
Holding Annual General Meeting (AGM)
Prepare supervisors’ report

Can NRIs and foreign nationals or foreign entities register a company?

Yes NRIs, foreign nationals and overseas entities can register an organization and invest in India, subject to the Foreign Direct Investment standards determined by the RBI. But, incorporation rules in India demand for a single Indian national for part of the business on the Board of Managers.

Is an address required in India for starting a company?

Yes, each company registered in India should have a registered workplace where all documented communication is delivered by the MCA, governmental agencies, financial institutions, etc., The registered office of a corporation may be in almost any condition of India.

Which type of business entity is ideal for medium and large sized businesses?

Private limited company is an ideal type of business entity for a lot of medium and big sized companies since it provides benefits from limited liability coverage to simple transferability. Nonetheless, it isn’t acceptable for small companies.

How will the company incorporation certificate be provided?

Business incorporation certification is supplied as a pdf document by the Ministry of Corporate Affairs (MCA). MCA doesn’t offer printed or hard copy of incorporation certification.

Advantages Of Private Limited Company?

There are multiple reasons to Pick private Enterprise Business:

  • Preferred by banks, VCs & investors.
  • Effortless to allocate and redistribute stocks to investors or other supervisors.
  • Independent legal entity which limits your liability.
  • Gives the flexibility of a venture firm along with the Benefits of a Public Ltd Company.
  • Simple to register, run & manage.
  • Simple to dissolve or wind-up.

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