Private Limited (Pvt Ltd) Company Registration

Company Registration

Benefits of Pvt Ltd Company Registration
Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business.

• Shield from personal liability and protects from other risks and losses
• Attract more customers
• Procure bank credits and good investment from reliable investors with ease
• Offers liability protection to protect your company’s assets
• Greater capital contribution and greater stability
• Increases the potential to grow big and expand

Checklist for Private Limited Company Registration in India
As defined by the Companies Act, 2013 one must guarantee that the checklist requirements are met without fail.

• Two Directors:
  A private limited company must have at least two directors, with a maximum of fifteen. A minimum of one of the company's directors must be a resident of India.
• Unique Name
  The name of your pvt ltd company must be unique. The suggested name should not match with any existing companies or trademarks in India.
• Minimum Capital Contribution:
  There is no minimum capital amount for a Pvt ltd company. A Pvt limited company should have an authorised capital of at least ₹1 lakh.
• Registered Office:
  The registered office of a pvt ltd company does not have to be a commercial space. Even a rented home can be the registered office, so long as an NOC is obtained from the landlord.

Steps For Company Registration in India
Company registration in India benefits startups offering them an advantage over those who have not registered. The of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have Legallinks. Our professionals can help you with every step of the private limited company registration process.

• 1: RUN Name Approval
  The first step is to register your company's name. To reserve the company name, a request for approval of the company name must first be made to the Ministry of Corporate Affairs (MCA). One or two names with business aims may be presented in the name approval application. One or two more names may be submitted if a name permission is declined. All name approval requests are typically approved by the MCA in less than 5 business days. Our experts will help you choose the best name for your company and help in registering it with the government.
• 2: Directors' Digital Signature Certificate (DSC)
  Regular signatures are not acknowledged by the MCA in India. A digital signature certified by an Indian certification authority must be used on all signatures for filings with the MCA. Therefore, before incorporation, digital signatures from the Directors are mandatory.
Legallinks will secure a DSC for the Directors from a recognised certifying body. The Directors must submit a copy of their identity documentation and successfully complete a video KYC process in order to receive a digital signature. The provided passport and other documents must be apostilled by a nearby embassy if the Director is a foreign national.
• 3: Submitting the Company Incorporation Application
  Once the digital signatures have been gathered, the incorporation application in SPICe form and all pertinent attachments may be submitted to the MCA. The company's Memorandum of Association (MOA) and Articles of Association (AOA) are filed with the application for incorporation. The Incorporation certificate and PAN of the company are issued if the MCA deems the incorporation application to be complete and acceptable. The MCA typically accepts all incorporation petitions in less than five working days.