1.DSC (Digital Signature Certificate).

All Propose directors of the private limited Company should have a digital signature and digital signature will use to file the registration, ROC compliance forms, and Tax returns.

2.Director Identification No (DIN).

When a Digital signature is approved, and you will get an approval email from the Registrar of companies that you are now eligible to be a director of a company. It takes one working days to approve DIN.

  1. Company Name Approval.

After a Trademark search, we will proceed to file a Name approval application to ROC on your behalf.

4.Final Incorporation & CIN.

After Name approval from the Registrar of Companies, we will file final incorporation e-form with all supporting documents like registered address proof, Declaration from directors. Registrar of companies takes 3 working days to complete the approval process of a company.

  • Documents Required

From All Directors And Shareholder.

  • PAN Card or Passport or Election ID Card.
  • Latest Bank Statement/Telephone or Mobile Bill.
  • Voter’s ID/Passport/Driver’s License.
  • Passport-sized photograph of all directors and shareholder.
  • Scan copy of Signature (signature should same as on PAN Card).

 

  • Registration Procedure

A private limited company is the most common form of business entity in India. It is easy to maintain and raise funds, offers limited liability to its members, offer flexibility, easy bank loan accessibility. Read Advantages of Private Limited Company. Following are the steps involved in the registration of private limited company.

 

Basic requirement

There must be at least 2 members in the company.
The company shall be made for legal business and must not harm the society. The company object should not be illegal.
In case, if the registrar issue the certificate of incorporation to such business entity , then certificate will be void and registration will be itself cancelled by the Central Government and appropriate proceeding will take place against the entity and the Registrar.

Read in detail Pre-Requisites for Registration of Private Limited Company

Step 1: Obtaining Director Identification Number (DIN) & Digital Signature

The First step is

  1. Obtaining Director Identification Number (DIN)for the proposed Directors in the Company
  2. Obtaining Digital Signaturefor one of the Directors of Company.

 

After this, application for name of Private Limited Company must be applied.

Step 2: Applying for the name

The promoters should propose one or more suitable name for the name of company as it offers the flexibility and choice to registrar to select the name in case some names are identical or similar to registered business entities or trademark.

  1. The name should not be similar or identical to any registered company or trademark.
  2. The name should not be one prohibited under the ‘Emblems and names Act, 1950’.
  3. The name of company must have suffix “Private limited Company”.

 

After submission of name, registrar will review and approve one of the name .It usually takes 3 to 5 working days to approve the name for company .

Read tips for Choosing the right name for your company registration for easy approval of name by ROC.

Step 3: Filing for Incorporation of Private Limited Company

After the name approval, promoters should submit the application, prescribed fees and below said following documents to the registrar.

  1. Articles of Association, if any.
  2. Memorandum of Association.
  3. Declaration from Directors.
  4. Affidavits of the Directors.

 

A declaration stating that the requirements of the Act and the rules framed there under have been compiled with. This declaration is required to be signed by an advocate of the or Supreme Court or an attorney or a pleader having the right to appear before or a High Court or a Chartered Accountant in whole time practice in India who is engaged in the formation of a company, or by a person named in the Articles as a Director, Manager or Secretary of the Company.
Besides the aforementioned documents, the company must provide relevant information regarding of its registered office within 15 days of registration or during filing of incorporation documents.

Step 4: Subscribing to the Private Limited Company

As per the Companies Act 2013, a subscriber must sign their names and must be subscribed to the shares of the company incorporated. It means each subscriber must have at least one share of the company. Each subscriber should sign the memorandum in presence of at least one witness and must clearly state the following:

  1. Address
  2. Personal Description
  3. Occupation
  4. No of shares subscribed
  5. Nature of shares etc.

 

Likewise both (Article and Memorandum of association) must be duly signed and stamped.

Step 5: Certificate of Incorporation

After filing the above-mentioned documents and payment of necessary fees, the certificate for Company incorporation would be issued by the Registrar of Companies. Upon Incorporation, the company becomes a legal person separate from its members.

The process to register a private limited is complex and time-consuming. Our team atLegalRaasta can help startups and Entrepreneurs Register Private Limited Company in 14-15 days @ 13,999/- only (inclusive of government fee) saving 40% compared to typical CA/CS.

Registering new business in India, some official procedures a company has to follow in order to register them in Indian official records, MCA (ministry of Corporate Affairs) has to made registration process online few years back.

The registration includes some must follow rules and some registration like Digital Signature Certificate (DSC), Director Identity Number (DIN), Filing an eForm or New user registration and Incorporate the company.

  1. A private limited company should have a minimum capital of Rs 1 lac. The registration fee and stamp duty depends on the capital of the company and the state in which the company is registered. The company name should reflect the business objects of the company. It should be such that it does not resemble the name of any existing companies. If the proposed names resemble any existing business entity, the Registrar of companies may reject the name application.

 

  1. Partnership firmsare not a separate legal entity; hence the partners and the partnership firm are the same. However, for income tax purposes, partnership firms are treated as a separate entity and hence need to obtain PAN from the income tax dept and file income tax returns.

 

  1. Only a natural person can form a One Person Company. A private company or an LLP can NOT start an OPC. The member should also be a resident on India.

 

For more details on registering Pvt ltd,Partnership,NGO,Trust,Sole Proprietorship firm contact

HG Corporates, hgcorporates.com

To Register a Startup company in India you’ll need to take help of professional & licensed company registration service providers like us.

 

FOR MORE DETAILS CALL:

VED LEGAL,

Adv. Gajanan Rahate

Mob: 9763040088

E_mail: [email protected]