Everything You Need to Know About Private Limited Company Registration in India

Understanding how to organize a company is especially vital when beginning a new venture. Registration of private limited companies is one of the most common choice for micro and small enterprises in India. At Lawgical India, we'll guide you through the process enabling you to improve your business instead of being delayed by legal issues.

In this blog, we have striven for an inclusive account covering the essentials such as registration benefits, company structure considerations, and steps for private limited company registration simplifying Lawgical India's assistance.

private limited company registration

What is a private limited company?

This type constitutes a business organization which operates within Indian jurisdiction created under Companies Act 2013. It’s owned by privately held groups of individuals comprising minimum 2 up to maximum 200 shareholders. Each owner has limited liability which protects their property from company risks.

a private limited company registration provides businesses wishing to partner or take investment great ease doing so while increasing reputation sharply.

Why Choose Pvt Ltd Company Registration?

There is a preference to register pvt ltd companies rather than sole proprietorship or partnership companies due to multiple reasons.

• Limited Liability: Viable losses only place the company’s assets at risk while personal belongings are untouched. 

• Separate Legal Identity: The registered private limited company can transact by bat for her and owns assets independently so can sue or sued pots.

• Better Funding Options: With Limited Private Companies, directors and banks extend lending facilities fully taking advantage of external investment.

• Perpetual Succession: The Corporation lives on irrespective of changes in directors or shareholders.

• Brand Credibility: Customers receive trust with credibility being built around such kind of registered names. Basic Needs for Private Limited Company Registration

This is the important information needed to finalize your pvt ltd company registration:

1. Minimum 2 Directors and at least one should be resident in India

2. Minimum 2 Shareholders

3. Registered Office Address in India 

4. All directors must possess a Digital Signature Certificate (DSC)    

5. Director Identification Number (DIN)

6. Ministry of Corporate Affairs grants approval for the company name.

7. MOA & AOA (Memorandum and Articles of Association) 

If you are feeling overwhelmed by all this information, don’t worry! Our team at Lawgical India is here to assist you with private limited company registration in an efficient manner.

Stepwise Guide to Pvt Ltd Company Registration 

Now let’s look into the process systematically:

1. Obtain DSC and DIN     

For each director, obtaining Digital Signature Certificate(DSC) and Director Identification Number(DIN) is the foremost step towards pvt Ltd company registration.

2. Approval for Company Name    

You need to choose a unique name which must be approved by MCA first before proceeding with listing it on a website or promotional materials. We ensure compliance with every legal line through name suggestions too.3. Drafting of MOA & AOA

These are the legal documents that encapsulate your company’s objectives, business activities, and governance structure. We customize these to suit your business vision.

4. Filing with MMA

We upload incorporation documents together with other required forms onto the MCA portal for filing. This step is important during registration of a private limited company.

5. Get Certificate of Incorporation

After approvals, you will have the Certificate of Incorporation which means congratulations you are now a pvt ltd company.

private limited company registration

Documents Required for Registration of Private Limited Company

The following documents should be prepared in advance:

• PAN Card of all directors

• Aadhaar Card or Passport/Voter ID

• Passport size photos     

• Utility bill in the name of registered office

• Rent deed (if it is a rented space)

• NOC from property owner

We will assist you in arranging these pre and post appointment for effortless private limited company registration.

What Lawgical India offers

Lawgical India prides itself on offering an entirely online solution to registered private limited companies in the country making their lives easier and less costly without court visits as we do everything starting from collection of papers to filing the final registration document.

With us, you get:

• Free consultation with professionals

• Document preparation within shorter timeframes

• Clearly stated pricing with no extra charges

• Comprehensive support until after your company is formed

Starting a new private limited company?  Any investor or entrepreneur can get help from our team for seamless pvt ltd company registration. 

In Summary 

For new businesses in India, registered companies are invaluable when it comes to legal structure because they fortify the business's operations, enhances trustworthiness, and simplifies securing investment. We at Lawgical India function as a bridge between your idea and reality by offering registration services that alleviate untold burdens.

If you are contemplating the formation of a pvt ltd company registration then take this as cue to contact us right away so we can assist you without hassle.

Looking for information about registering private limited companies?

📞 Call us today or go straight to our website and start your journey with Lawgical India – where it all begins!