Private Limited Company Registration

Private limited company a company which is private or personally held small business. Private limited company itself defines that these are companies which have limited liability and is very personal. The liability of its members/shareholders are limited to their capital/amount of shares held by them.

There are very common words associated with Private Limited like Directors, DIN Number, Digital Signature Certificate, Members/Shareholders, Paid up Share Capital, Authorised Share Capital, Registered Office, MoA-AoA etc.

Private companies are registered with MCA under the state jurisdictional ROC. However, now the companies & their name approval for every state is handled by a Special Central Registration Center which is manesar, Haryana India.

The whole process of new company registration is online-no physical documents or visit in registrar office for registering company.

The company can be registered from anywhere. But a person desiring to register a company himself, cannot register. This process requires a lot of documentation, drafting of documents and certification by professionals like CA, CS and CMA in whole time practice.

It is not a simple online form like other registration that a person can do so, here be Quick Web Codes is a team of professionals with same fields have expertise of company registration with more than 600+ company.
Before registering a company, a person should know some important terms & requirements.

DOCUMENTS REQUIRED

  1. Self-attested copies of pan cards of all directors.
  2. Self-attested copies of id proof like Driving License/Passport/Aadhaar/Voter Id.
  3. Self-attested copies of address proof like bill/ bank statement
  4. Passport size Photos of all directors.
  5. Valid email id & contact number of directors.
  6. Address proof for registered office like electricity bill/utility bill not older than 2 months.
  7. Other documents like MoA-AoA, Affidavits & Declaration will be drafted by us and will be provided for signing.

WHAT YOU GET FROM US (DEPENDING UPON THE PACKAGE)   

Basic Package

  1. All the documents that are field at the time of incorporation.
  2. 2 Director’s DIN Number which is valid for life time.
  3. Digital Signature Certificate with 2 Years validity which is used for all types of filing
  4. Name Approval Letter which is issued by registrar
  5. Soft Copy of Certificate of Incorporation, MoA-AoA.
  6. Company Pan Card and Tan Number.
  7. Bank account Opening documents

Standard Package

  1. All the documents that are field at the time of incorporation.
  2. 2 Director’s DIN Number which is valid for life time.
  3. 2 Digital Signature Certificate with 2 Years validity which is used for all types of filing
  4. Name Approval Letter which is issued by registrar
  5. Certificate of Incorporation and MoA-AoA.
  6. Company Pan Card and Tan Number.
  7. Bank account Opening documents
  8. GST Registration 
  9. .in /.co.in Website Domain + Hosting 1 GB + 10 Business Mail

Premium Package

  1. All the documents that are field at the time of incorporation.
  2. 2 Director’s DIN Number which is valid for life time.
  3. 2 Digital Signature Certificate with 2 Years validity which is used for all types of filing
  4. Name Approval Letter which is issued by registrar
  5. Certificate of Incorporation and MoA-AoA.
  6. Company Pan Card and Tan Number.
  7. Bank account Opening documents
  8. GST Registration 
  9. .COM Website Domain + Hosting 1 GB + 50 Business Mail
  10. Dynamic Website 

ADVANTAGES OF COMPANY REGISTRATION IN INDIA 

  1. A Pvt. Ltd. company registration is a personal /closely held company which has two sided benefits like it is very transparent in teams of registration and also having confidential. Status as the company has not to disclose each and every aspect like a public limited company .
  2. Minimum 2 persons are required to register it and even these 2 persons are either friends/ family members or close persons.
  3. No minimum capital required means a company can be incorporated with a very little capital.
  4. No minimum Investment is required. there is nothing like investment or some bank guarantee required to register company.
  5. The whole process of registartion is online. So, No need to go anywhere, a person can get registered company sitting in his place.
  6. The company’s capital is taken by the known members and bits shares not open for public. Hence, no outside can enter in the company. So, it owns the complete owner with its director & members.
  7. Private Comapny is a small entity and accordingly it has very less formalities or compliances.
  8. Pvt. ltd companies are not bound to disclose value details, financials and projects to the public. Hence, the data of private company are kept confidential, the competitors cannot take any idea of business sense or projects.
  9. Limited liability of shareholders means if a company faces loss under any circumstances. No effect on shareholders.
  10. The Pvt. ltd company is a separate legal entity created by low and hence does not depends upon the persons running it. The persons may join or leave the company. But the company will not have any effect on its identity.
  11. A Pvt. Ltd. is incorporated for some projects/business plans and they focus on their plans without disturbances as they don’t have person to increase the value of its shares or shareholders expectation.
  12. Flexible structure, directors may come and go, does not have any effect on company and it is very easy to register, manage or run and also easy to close or wind–up.
  13. We, Quick Web Codes can register company for you in state Delhi, Haryana, Chandigarh(Punjab), Mumbai(Maharashtra), Bhopal(Madhya Pradesh), Lucknow(Uttar Pradesh), Dehradun(Uttarakhand), Hyderabad(Andhra Pradesh), Shimla(Himachal Pradesh), Imphal(Manipur), Gangtok(Sikkim), Itanagar(Arunachal Pradesh), Srinagar(Jammu & Kashmir), Shillong(Meghalaya), Chennai(Tamilnadu), Dispur(Assam), Rachi(Jharkhand), Aizawl(Mizoram), Telangana, Patna(Bihar), Bangalore(Karnataka), Kohima(Nagaland), Agartala(Tripura),   Raipur(Chattisgarh),  Thiruvananthapuram (Kerela), Bhubaneshwar(Odisha), Bangalore(Karnataka),Panaji(Goa), Jaipur(Rajasthan), Kolkata(West Bengal), Puducherry, Daman &Diu.

TIME TAKEN BY QUICK WEB CODES TO INCORPORATE COMPANY : 

Basic Package

 The incorporation Process will take around 5-15 Days’ time period. Subject to the registrar response.

We will send all documents in soft copy through email.

 

Standard Package

The incorporation Process will take around 10-15 Days’ time period. Subject to the registrar response.

After incorporation of Private Company, we will go for GST Registration and provide within a week.

We will send courier of all documents in hard copy with proper incorporation kit.

 

Premium Package

The incorporation Process will take around 10-15 Days’ time period. Subject to the registrar response.

After incorporation of Private Company, we will go for GST Registration  and provide within a week.

We will send courier of all documents in hard copy with proper incorporation kit.

 

Ques.: What are the Formalities to be complied after company formation?

Ans.:  After Company Formation, The Very first Step is to open a current account, Preparing of Stationery, and appointment of auditor within 30 days.

Ques.: Who can become member of Private Limited Company?

Ans.: Any individual or organization can become member of company.

Ques.: Do i have to be physical present before professional pre-incorporation?

Ans.: The formation of private limited company is online. So, the promoters does not require to come or visit at registrar office or our offices for signing documents. all documents can be provided online through email or whatsapp and applied online too.

Ques.: What’s is payment criteria or any hidden fees?

Ans.: The Fees mentioned in the packages or on website is inclusive of all govt fees, professional fees and other expenses. No hidden cost.

Ques.: Is it state level registration or central?

Ans.:  The Company is registered on national level. Does not restrict it in a single state.

Ques.: Can we run business in other state apart from registered Office?

 Ans.:  Yes, The Registered office means the statein which the company is registered. But it can have    offices inany state.

Ques.: How can we raise Funds under registered private company?

Ans.: (capital, cc limit/od limit) charge creation.

Ques.: How to choose name or name criteria of the company?

Ans: The first name of the company should not be general activity , After the first name , their should be any word that depicts the activity of the proposed company .The first name should not be a registered/applied trademark of any other company in same class of business .

Ques.: What is Certificate of Incorporation and MoA-AoA?

ANS.: MOA – the memorandum of association is a documents which contains some important like name of company, registered office and state of company, main business or activity of companies other ancillary objects/liability class, subscriber or promoters details. It is drafted by professionals and mainly contains the activity and details of the company.

AOA – Article of Association is a chatter of the company which contains pleural rules /reg. of the company, it’s a very detailed document containing mostly every aspect of the company. It is also drafted by professionals at the time of company incorporation.

 

Ques.: What is Zero incorporation fees under Pvt. Ltd. Company Registration initiate by MCA?

Ans.: Zero Incorporation fees means, that there will be no fees if the capital of the proposed company will be less than rs 10,00,000. And the fees for main incorporation form is only exempted. Rest fees like DIN, DSC, Name approval, PAN/TAN, Stamp Duty of Incorporation is mandatory to be paid.

Ques.: Why digital signature certificate required for incorporate private limited company?

Ans.: Digital signature certificate is basically a e–signature which is generated as e-file with the help of some documents of applicant by sify or e-mudra for all helps of e-filings today online, and no physical presences or document are submitted. Hence, all the documents and forms are submitted with e-sign of class 2 digital signature on MCA portal.

Ques.: Why DIN is mandatory for directors to incorporate company?

Ans.: DIN Number is a unique number allotted to every individual once in a life who become a director in company. This DIN is a compilation of personal details of the director. this din is required to be updated every year by April with current details with MCA through a new form DIR-3 e-KYC (Directors KYC)-if a person fails to do so, he/she cannot become director further and DIN willbe deactivated, even the existing companies will be unable to do any filing anddirectors become disqualified or DIN deactivated.

Ques.: What is a name related formalities for company formation?

Ans.: The name of the Pvt. Ltd. company should end with private limited at the end and first name of the company should not be general activity of the proposed company. After the first name, there should be any word that depicts the activity of the proposed company. The first name should not be match with registered or applied trademark in same class of business. First word and second word should not be match with any other registered company. So the name should be short & simple, new, unique. A promoter can provide 4 names as preference wise at the time of applying name.

Ques.: What is the difference between Directors and shareholders?

Ans.: In simple words, Director is the person who takes the responsibility to run the business and manages the day to day business of the company. Shareholders are the owners of the company who invest their fund in the company.

Ques.: What is the validity of Certificate of Incorporation Issued by the ROC?

Ans.: Once a Certificate of Incorporation (CoI) for private company is issued by the Registrar of Companies, it is valid for the lifetime of the company unless it goes for winding up.