Private Limited Company

PRIVATE LIMITED COMPANY

A Private limited company is a limited liability entity incorporated under Companies Act, 2013. It has a minimum of 2 directors (with a maximum of 15).A private limited company can have a minimum of 2 members and a maximum of 200.

Private limited company have limited liability protection to shareholders and it can to raise the equity funds. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority.It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.

 

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Document Required for  Private Limited Company

  • Documents of Directors:-
    • Self Attested PAN card copy
    • Self Attested AADHAR card copy
    • Two Photos
    • ID Proof (Any one document) - Voter ID copy / Driving Licence copy / Passport copy
    • Address Proof- Utility Bill in the name of proposed director/ Bank Statement (latest not older than 2 months)
    • Consent to act as director, affidavit, notice of interest & intimation form.
    • Digital signature class-2
  • Electricity Bill (Place of Business)
  • For Rented Property- Rent Agreement, NOC from owner of property

First step is to ensure the availability of the proposed name of the private limited company through filing the RUN Form . Name Approval will be subject to existing incorporated company's names and Trademark with respect to proposed business.

After name approval , drafting of appropriate Memorandum of Association (MOA) and Articles of Association (AOA) of the company and SPICE form will be filed with the concerned ROC for incorporation of the proposed company.

For Existing Company-Any person intending to become director in a existing company must apply for director identification number, issued by the Ministry of Corporate Affairs. Proof of identity and address is required to be submitted along with requisite fee while submitting the application for DIN. 

For new company- MCA issue new DIN along with COI and other incorporation documents.

Yes, A company can change its registered office any time after following specified procedure. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.

There is NO Minimum capital requirement for start of the company.