Start A New Private Limited Company

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Package includes

DIN for 2 Directors
DSC for 2 Directors
Name search & approval (only 1 time submission)
MOA and AOA for the Company (e-forms)
ROC fee and PAN card (ROC Fee limited to Authorised Share Capital of Rs. 1,00,000/-)
GST registration
ESI and EPF registration
Professional Tax Registration (For Maharashtra)
Opening of Bank account

Starting Package cost – Rs. 5,999/-

Company is incorporated under the Companies Act 2013 and governed by the Ministry of Corporate Affairs (MCA). It is the popular option for the start-ups and new businesses which are having high growth potential as well as looking for the funding in their business. Starting with the Private Limited Company, it can have members ranging from 2-200 members and separate legal existence apart from their promoters as well as Directors.

Benefits of Private Limited Company

Lower Tax rates

As compared to the corresponding legal entities like LLPs, Partnership firms, the Company is having the lowest tax slabs due to the Ease of Doing Business initiative by the Government of India.

Separate legal existence

The Company is having the separate legal existence. It can open the bank accounts, enter into legal agreement, can sue and be sued in the company name. The Company can also have assets and liabilities in their own name.

Limited Liability

The liability of the shareholder is limited only to the capital subscribed by them. It does not create any obligation on their personal assets.

Higher chances of fund raising

In case of start-ups, the Investors lend their confidence on the Private Limited Company to invest their money in the start-up ideas.

Higher Compliances means higher credibility

Although the Companies have higher compliances as compared to other entities but in other way, it provides higher confidence to their lenders that the Company is properly managed and complied as per the Statutory compliances as per the respective acts.

Documents required to Incorporate

Self-attested copy of PAN Card of the Shareholders and Directors. In case of Foreign nationals, a valid passport is required

Self-attested copy of Identity proof of the Shareholders and Directors (Aadhar card, Driving Licence, Voter ID, Passport)

Self-attested copy of Address proof of the Shareholders and Directors (Latest electricity bill / telephone bill / bank statements)

Latest photographs of Shareholders and Directors.

Address proof of Registered business premises (Latest electricity bill / telephone bill)

Rent agreement in case the premises is leased or rented.

NOC from the owner of the property.

FAQs regarding the Private Limited Company

Can a Private Limited Company be incorporated at the Residential address?prerna2020-05-25T06:37:16+05:30

Steps to Incorporate a Private Limited Company

Step 1 – Search for the Name availability

Step 2 – Filing of the SPIC+ form

Step 3 – Apply for the PAN and TAN of the Company

Step 4 – Filing the AGILE PRO form

Step 5 – Issued Certificate of Incorporation by ROC with PAN, TAN along with GST and Bank account.