Complete Registration Process for Private Companies

Complete Registration Process for Private Companies

Overview of Online Registration – India

In a dynamic market, Private Limited Companies bring a vast array of opportunities in the Indian market. Be your boss, and find your establishment. The shareholders get limited liability where specific restrictions are imposed on the ownership. LLP has several partners who have limitations in managing the business. But Private limited registration is based on the directors and shareholders are only stakeholders.

Registering your Private Limited Registration will get you funding as well as taxing benefits. Vakilsearch.com is here to make your life easy and help you establish your own dream in reality. We are a specialized consultant who offers a Quick registration service with three very easy to follow steps. Our goal is to simplify the Company registration process and reduce the hassle.

After you have followed all the mentioned steps, A Certification of Incorporation COI with PAN and TAN will be received after the registration process is done successfully. The enlisted will allow opening a current account along with Certification of Incorporation, and you are good to go with your business ventures.

Why should I register my Company in India?

When you register your company, it comes with lots of benefits. Notably, a registered company is identified as a genuine business that provides reliability and trust. Here are some advantages:

1. It provides protection from individual liability and prevents risk and loss-making situation.
2. Customers will be able to trust the company and develop reliability.
3. Bank credit and investment will be easier to find as it can be framed as a profit-making entity.
4. Capital contribution will be easier to find, and the company will gain
5. The company assets will get security and protection liability.
6. A registered company has all the potential to grow and expand.
7. A Zero balance current account from DBS bank can be obtained upon registration.

What are the mandatory requirements to register a Private Limited Company?

The company Act 2003 in India needs some highlights for an entity to be registered as a private company in India. Here are the requirements:

1. Directors

A private limited company has to have a minimum of two directors. The most number of directors for a company can be 15. At least one of the directors has to be an Indian citizen.

2. Name

The business should come with a unique name, and it must not match with any brand or trademark companies across India.

3. Capital

There is no minimum capital that the company needs. But it must have authorized money, which is minimum sum of 1 lakh.

4. Registered Office

There is no requirement of owned commercial space. In the case of rented properties, the landlord has to come up with NOC certification.

What is the the Process to Register?

Registration will open doors to immense business opportunities. Besides, a registered company always has an edge over the others in compared to the ones not registered. Here are the registration steps:

1. Apply for DSC or Digital Signature Certificate
2. Apply for DIN or Director Identification Number
3. Apply for Name registration
4. File EMoa and EAOA which will assist in the private limited company
5. Application for PAN and TAN for the organization.
6. Certificate issue for incorporation by ROC with PAN and TAN
7. Current bank account in the name of the company

How can we help you out in registering your company?

It takes just three simple steps to register your Private Company:

1. Our website will help you get to record the directors directly under the Ministry of Corporate Affairs.
2. We will assist in finding the perfect name for your company.
3. Get your customized constitution of the company through MoA and AoA.

Following the steps will help to establish your Company as a registered entity. The next part of our responsibility is to provide you with Pan and Tan number. A current account from the bank will be provided, which will eventually help to consolidate the financials of the registered company. Fill up a simple form, and our legal advisor will help you with the company registration process.

What are the added benefits?

Our process is online platform based and hence, stay at your comfort. We can complete the entire process of registration within 14 days.

Our registration package includes:

1. DIN and DSC for the directors
2. Draft preparation of MoA and AOA
3. Stamp duty and Registration expenses
4. Company Culture for Incorporation
5. PAN and TAN for company
6. Creating the Zero Balance Account for Business