It is a Company registered under Companies Act, 2013. Pvt. Ltd. Company is highly recommended entity to start a business due to its various advantages. Afleo offers services to easily register a Private Limited Company.
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Private Limited Company Registration
Private Limited Company is a legal entity, it is a separate entity. It is registered under Companies Act, 2013. Private Limited Company is overall a good Legal structure for business. It should have a minimum of 2 members and a maximum of 200 members. It must have minimum two directors and the maximum limit of Director is 15.
In Private Limited Company the liability of members is limited up to share capital they contribute, it is a major benefit to Shareholder of the Company. Private Limited Company can raise equity fund from their shareholder. A Foreign National can be the director of Private Limited Company. To be eligible under Startup India Scheme the Startup must be compulsorily registered as a Company under the Companies Act 2013 or LLP. Proprietorship and Partnership firms are not eligible to apply under Startup India Scheme.
Another major advantage of Private Limited Company Formation is that it is easy to attract quality employees. For start-ups putting together a team and keeping them for a long time is a challenge, due to confidence attached to a private limited structure, it is easy to hire people as well motivate them with corporate designations and stock options.
Afleo will help you in all your requirements regarding the registration of Private Limited Company and other formalities. Our Business advisors will give solutions to all your queries regarding Pvt Ltd Company Incorporation and help you to take your decisions easily. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is leading Company Registration Service Provider and acts as a Consultant in Mumbai, Delhi, Chennai, Bangalore and across India. Afleo is the market leader with 100+ Company Registration per month and total figures crossing 10,000+
DIN of Directors
DSC of Directors
PAN of Company
TAN of Company
MOA and AOA Copy
Features of New Company Registration
Private Limited Company is limited by Shares, having a separate legal entity status, which means the Company shall be considered as a separate person from the investor and owner of Company. Therefore it has legal Capacities of its own and can take a legal action against frauds.
Private Limited Company has a limited liability to the extent of Share capital issued by company. The liability of Company is limited to its assets only, personal properties of members/Directors is not considered for the liability of Company to Creditors.
Easy Fund Raising
Many times Company may face cash crunch in setting up and running a business which affects profit and reputation of Company. Private Limited Company has many options of borrowing funds. Banks and Financial Institutions mostly prefer Companies for providing loans as compared to Partnership or Proprietorship firms.
Documents for Pvt Ltd Company Registration
Copy of PAN Card of directors
Passport size photograph of directors
Copy of Aadhar Card/ Voter identity card of directors
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Landlord NOC (Format will be provided)
Free Consultation of all Services at just ₹ 1.
Process for Private Limited Company Registration
Obtaining DSC & DIN
In Incorporation of Company the First Step is to acquire Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the proposed Directors of the Private Limited Company. DIN and DSC can be obtained within 3 to 4 days.
Once DIN and DSC is obtained then we can file form for name approval. In name approval we have to mention at least One name and maximum Six name. It will take 4-5 days for the confirmation of name. Once the name is confirmed, then it is valid for 60 days.
Company Registration & Incorporation
After getting name approval we have to prepare some Documents and forms for ROC Filing. Then file the forms to ROC . This process will take approx 5-7 days for preparation and filing of form and get approval of incorporation from MCA.
How we help with Private Limited Company Registration
Afleo.com can easily register a Private Limited Company within 5-7 working days
Got Questions? Request a call back from Afleo.com Company Law Expert
You need to incorporate the Company with a minimum capital of Rs. 100,000/-. It doesn’t mean that you have to deposit that amount in Bank Account. You can also invest that amount in pre-incorporation expenses or purchase Assets for the business.
Yes, a Foreign National or an NRI can be a Director of a Private Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident Indian.