Private Limited Company Registration

Digital Signature Certificate (DSC) is simply defined as a digital signature of an individual and it is precisely needed for filling the e-forms of company incorporation electronically to Ministry of Corporate Affairs.

In order to proceed with this kind of company registration, following documents would be needed.

• Self-attested PAN card copy.
• Four Photographs.
• Self-attested copy of any one of the Identity Proof like (Driving License, Passport, Voter ID), Self-attested copy of the Address Proof like Bank Pass Book / Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
• Company Address proof any one of the Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill, and NOC for doing Business & for taking Registration.

To become eligible for this position, one must have the age of at least 18 years along with a natural orientation. His or her citizenship can be of India or any other country. This simply means that even a foreign national can apply to become the Director in Indian Private Limited Company.However, it is mandatory to have at least one Indian director in a Private Limited Company.

Yes absolutely. All the promoters need to be there at our place or any other place in order to register the company successfully. Besides this, all necessary registration documents need to be presented in original along with scanned copies of the same. 

The Common Seal simply refers to the official signature of the company. Any documents on which Common seal is fixed, is supposed to be signed by the company.

There shouldn’t be less than two members and not more than two hundred members in a Private Limited Company.

No minimum capital should be in same value to incorporate a Private Limited Company.

When it comes to incorporate a Private Limited Company, the general time needed is approximately 7 to 8 working days. The time taken for incorporation typically depends on the filing of necessary documents by the client and time consumed in procuring Government Approvals. To guarantee speedy process of incorporation, it is advised to pick a unique name for your Company and ensure to get all the required documents before kicking off the incorporation process.

Yes, according to the latest guidelines given by Foreign Direct Investment (FDI) Guidelines by respective authorities, Foreign Nationals / Foreign Companies can possess shares of a Private Limited Company.

Director Identification Number (DIN) is a unique identification number given to an existing or a proposed Director of any company which is incorporated. The main purpose of DIN is to maintain a database of the Directors of the incorporated companies and to keep detailed information about the Directors. 

Choose unique name and search on MCA portal & Trademark website.

MOA & AOA of the company is meant to list all the rules and regulations and the process flow of company. It also describes all necessary details related to the company's objects, capital, individuality, objectives and working pattern. After the name of the company is chosen, the Memorandum of Association and Articles of Association of the company is needed to be conscripted, the last page of the MOA and AOA is called subscriber sheet.

A Certificate of Incorporation is a legal document relating to the creation of a company or corporation. It is a license to form a corporation issued by centre government. Its precise meaning depends upon the legal system in which it is used.

A Private Limited Company is required toassign an Auditor and get its statutory reviewperformed by a Chartered Accountant at the end of the financial year along with filing Income Tax Return to Income Tax Department. In addition to that a company is also required to file its Annual Filling Forms with Registrar of Companies. Furthermore, a Private Limited Company must conduct Board Meeting at least once in every 3 months and an Annual General Meeting.

The director of the company has been assigned with the responsibility of managing the company in the best possible manner. The accountability of a director counts on thetype of directorship he possesses in the company. For example, an executive director or a managing director has more responsibility than a non-executive director who might grip the directorship much like an expert or consultant. A director is also accountable for any misconduct or fraud or if found guilty of default.

For a Private Limited Company, minimum no. of directors can be 2 and maximum could be 15.

Yes, a Private Limited Company can have a property on its own name. However, none of the company’s owners and members can have insurable interest in the property owned by the company.