Pvt Ltd Company

PRICING

Choose Best Pricing Plan for "Pvt Ltd Company" Suitable for You.

Basic Plan

. 7999.00

~~. 9999.00~~

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Pro Plan

. 8999.00

~~. 12000.00~~

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Advance Plan

. 9999.00

~~. 14999.00~~

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Introduction

Private Limited Company provides limited liability and certain legal protection and restriction to its shareholders. It is the most popular type of legal corporate entity in India. A Private Limited Company is a type of business that is owned and operated by a small group of people. Private stakeholders are in charge of such entities. A Pvt. Ltd. company’s liability arrangement is less severe than that of an LLP or a sole proprietorship, which puts firm assets at risk in the event of a financial crisis. This is a separate legal entity that will exist in perpetuity. This means that the corporation will continue to exist in the eyes of the law even if all of the members die or the company becomes insolvent or bankrupt. Unless terminated by resolution, the company’s life will be eternal, unaffected by the lives of its shareholders or members. To incorporate a private limited company, a minimum of two shareholders and two directors are required. A natural person can act as both a director and shareholder, while a legal corporate entity can only be a shareholder. We at Yourtax, offer expertise in incorporation of Private Limited Company contact for fastest service at reasonable fees.

Documents

Address proof of directorss

Passport size photos of directors

Specimen signature

Self declaration about your directorship in other companies

Rent agreement of your registered office

Aadhaar card

PAN card

Electric Bill / Telephone Bill / Water Bill etc.

FAQs

How many days it take to register a private limited company?

The normal registration route can take up to thirty days but if SPICe is followed the whole process can be closed within 7-10 days. Subject to documents submission by client and process time at ROC.

Who is eligible to become a Director?

Any natural person over the age of 18 years can become a director in a company. There are no limitations in terms of citizenship or residency. Hence NRIs and Foreign Nationals can easily become director to start and manage a private limited company in India. However at least one Director on the Board of Directors must be a Resident India.

What are the requirements to incorporate a Private Limited Company?

To register a private limited company a minimum of two people are required to act as directors and shareholders. The directors and shareholders can be same person .The directors must be natural persons while the shareholders can be natural persons or corporate entities. In addition a registered office address in India is also required for company registration.

How much capital required to registered a private limited company?

You can start a Private Limited Company with any amount of capital . There is no requirement to show proof of capital invested during the registration process. Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased after incorporation at anytime to issue additional shares to the shareholders.

How many people are required to register a private limited company?

Minimum of two shareholders and two Directors are required to register a private limited company. The directors can be the same as shareholders. However The directors must be natural persons while the shareholders can be natural persons or corporate entities .

What are the statutory compliances required for a Private Limited Company?

A private limited company must hold a Board Meeting at least once in every 3 months. In addition to the Board Meetings the Private Limited Company at least once every year must conduct an Annual General Meeting.

Can a job holder become a director ?

Yes a job holder can be a director there are no restriction in companies act.

Can an NRI / Foreign National be a director in a Public Limited Company?

Yes a NRI or Foreign National can be a Director in a Limited Company after obtaining Director Identification Number (DIN). However atleast one Director on the Board of Directors must be a Resident India.

What is Director Identification Number (DIN)?

Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

Is physically present require to incorporate a Private Limited Company?

No you will not have to be present at any office for the registration of a Private Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

What is MOA?

Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a company to define its relationship with shareholders and contains the aims and objectives of the company. MOA has to be drafted very carefully as the company cannot go against anything that is mentioned in it.

What is AOA?

Articles of Association (AOA) are by-laws of the company. According to which directors and other officers are required to perform their function as regard the management of the company its accounts and audit. It regulates domestic management of a company and creates certain rights and obligations between the members and the company.

Who is eligible to get benefits under the Startup India Initiative?

Private Limited Company Registered Partnership Firm Limited Liability Partnership Further conditions are: Not more than 5 years have passed from the date of its incorporation/ registration Turnover for any of the financial years has not exceeded INR 25 crore It is working towards innovation development deployment or commercialization of new products processes or services driven by technology or intellectual property.

What are the reason of delay in getting our incorporation certificate?

Due to excessive demand to incorporate companies the MCA has made stringent rules to approve the company name and issue the certificate of incorporation. Further The PAN and TAN applications are also increasing and thus it is understood that this processing will take time too. So Its take sometimes to process the crowd at the ROC end to complete the company incorporation and receive the certificate of incorporation.

What is the meaning of limited liability?

Limited liability is the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships in a private limited company the liability of the shareholders in respect of the company?s liabilities is limited. In other words the liability of the shareholders of a company is limited only to the value of shares taken up by them.

Is that possible to change the registered office of the company after registration?

Yes A company can change its registered office at any time after registration. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.

In which mode the incorporation certificate provided by the MCA ?

MCA does not provide any hard or printed copy of incorporation certificate. Company incorporation certificate is provided as a soft copy( pdf ) by the Ministry of Corporate Affairs (MCA).

Basic Information

Basic Plan

Pro Plan

Advance Plan

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