Private LImited Company Registration in Gurugram
Best Compliance Firm For Your Company
Overview of Private Limited Company Registration
If you’re planning to start a business in India, opting for private limited company registration is a strategic choice. This registration type is highly favored among startups and small businesses due to its numerous benefits. The process is straightforward, and it’s administered by the Ministry of Corporate Affairs. Once your company is registered, you’ll gain the authority to operate across India and even internationally.
Under Indian company law, a private limited company is a legal entity with limited liability, requiring a minimum of two and allowing a maximum of 200 members. This unique structure combines the advantages of limited liability with the flexibility and capital combination capabilities of a partnership. Before deciding on private limited company registration, it’s important to keep the following key points in mind:
1. Share Listing: Private limited company shares are not publicly traded on stock exchanges, limiting their transferability.
2. Shareholder Limitations: While there are restrictions on the number of shareholders, private limited companies face fewer legal constraints compared to other structures.
3. Company Name Requirement: The company name must include “Pvt. Ltd.,” as it’s a crucial part of the registration process.
4. Designated Partner Citizenship: Ensure that at least one designated partner is an Indian citizen, as this is a mandatory requirement for registration.
By choosing private limited company registration, you can enjoy the benefits of limited liability, operational flexibility, and the opportunity to collaborate with diverse talents and capital. This form of business registration is an excellent choice for entrepreneurs looking to establish a strong and legally sound presence in the Gurgaon market and beyond.
Advantages of Private Limited Company Registration
Step 1: Obtaining DSC and DIN Digital Signature Certificate (DSC) and Director Identification Number (DIN) are indispensable for the directors of the Private Limited Company registration. These credentials are essential for filing the company registration documents. To obtain them, you need to provide some scanned documents and details. Our representatives will assist in filling out the necessary forms and submitting them online. Typically, DIN and DSC can be acquired for the proposed directors within 1 to 2 days.
Step 2: Name Approval You must submit a list of one to six proposed names to the Ministry of Corporate Affairs (MCA). The approval of these names is subject to availability, naming guidelines, and MCA processing time. Generally, Name Approval can be obtained within 2 to 3 working days.
Step 3: Drafting MOA and AOA Electronically The Memorandum of Association (MOA) and Articles of Association (AOA) need to be electronically drafted using Spice MOA (INC-33) and Spice AOA (INC-34). This process typically takes 2 to 3 days to complete.
Step 4: Company Registration Once the e-MOA and e-AOA have been drafted, you need to submit the incorporation Spice Form INC-32 along with a link to Spice MOA (INC-33) and Spice AOA (INC-34) to the MCA. The MCA will usually approve the application for incorporation within 5 to 7 days, depending on their processing time. It’s important to note that forms 49A and 49B must be applied for mandatorily with SPICe. Failure to file these forms within 2 days of submitting SPICe (INC-32) will result in the application for incorporation being marked as ‘Invalid’.
For Directors & Shareholders
1. Self Attested PAN Card copy
2. Self Attested copy of any one of the Identity Proof(Voter’s ID/Passport/Driver’s License)
3. Self Attested copy of Address Proof in the name of the director (Any utility bill i.e., mobile bill/water bill/ electricity bill, or bank statement which should not be older than two months)
4. Passport-sized photograph
For Registered Office
1. Rent Agreement (Notarised: For rented property)
2. Sale Deed/Property Deed in English (in case of owned property)
3. No-objection Certificate from the property owner
4. Latest Electricity Bill / Mobile or Telephone Bill / Latest Bank Statement/Gas Bill
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