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What is the meaning of Private Limited Company Registration in India ?



A Private Limited Company is an entity separate from its directors. A Private Limited Company is a well-known Business in India. It is mainly held for small businesses. This kind of business structure limits shareholders from openly selling shares, limits the number of shareholders to 200, and limits owner liability to their shareholdings.

If u want to start a Private Business then Contact Alonika for a better result. Our team of experts of CA and Lawyers will assist you with Online Private Limited Company Registration at an affordable rate.

What are the benefits of Private Limited Company Registration in India?

ü  Shield from personal liability and safeguard against further risks and losses

ü  lure more clients

ü  Easily obtain bank loans and reputable investors' good investments.

ü  provides liability protection to safeguard the resources of your business.

ü  Additional investment and increased stability

ü  increase the possibility of expanding and growing large.

Online Private Limited Company Registration

Who can start a Private Company in India?

As Such, there is no restriction for anybody to start a Private company in India.

·         A student who is above 18 years of age, can start a private Company in India.

·         Companies usually limit their employees from founding a firm and serving as a director. They may own shares, but they are not permitted to serve as directors. Check your employment contract if you wish to start a business, and you can also ask your employer for approval.

·         A person who has a criminal background needs to submit various declarations to ROC.

What are the features of Private limited Company Registration in India?

Select Identical Name: Your Company’s name should not be the same as any other existing company. At the end of the company’s name, ‘Limited’ should be written.

Minimum Capital Requirement: There is no set minimum capital requirement for businesses. A firm needs to have at least one lakh in authorized capital.

At least 2 Directors: Every Private company should be a minimum of 2 directors and a maximum of 15. One director should be an Indian Citizen.

Minimum Shareholders: Under the Companies Act,2013, a minimum of 2  shareholders and a maximum of 200.

Registered Office: You need not be commercial space for starting the Private Company. You can start from the rented place or your home also.

Documents Required for the Online Private Limited Registration in India:

Director’s Document:

§  Scanned Copy of PAN Card                           

§  Scanned Copy of Voter’s ID Card

§  Scanned passport size Photograph

§  Scanned DSC

§  Scanned copy of latest Bank Statement

Company’s Document

§  Scanned Copy of Electricity bill/Water bill

§  Scanned copy of Rented Space

§  Scanned Copy of NOC Certificate (by the landlord)

Steps for Online Private Limited Company Registration

Ø  Acquire DSC

Ø  Fill the SPICe+ From

Ø  Submission Of E-MOA and E-AOA form

Ø  Apply for PAN and TAN Form

Ø  Issue of  Incorporation's Certificate

For More Information Visit our Website “bizcruise.in”

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