A Private Limited Company (Pvt Ltd) is a business entity that offers limited liability protection to its owners, with shareholders restricted to a maximum of 200. This type of company provides a separate legal identity, allowing businesses to operate with enhanced credibility and professional status. The company’s shares cannot be freely transferred, which ensures controlled ownership and management.
The registration process involves several critical steps, beginning with obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for all proposed directors. Applicants must choose a unique company name and submit it to the Ministry of Corporate Affairs (MCA) for approval. The registration requires filing the SPICe+ form online, which includes detailed information about the company’s structure, directors, and proposed business activities.
Key documents required for registration include proof of identity and address for directors, Memorandum of Association (MoA), Articles of Association (AoA), and a registered office address proof. The entire registration process typically takes 10-15 days after document submission and verification. Once approved, the company receives a Corporate Identity Number (CIN), marking its official establishment as a legal business entity with benefits like limited liability protection, ability to raise equity funds, and perpetual existence.
On receipt of the client's request for pvt ltd company registration , our company registration consultant will provide consultation regarding the company registration process and assist you in online company registration.
Company name availability for registration is checked before before submitting company name application, two names can be applied in name application form and if approved it can be used for further processing else another two name for private limited company registration will be submitted.
Digital signature online application for directors will be processed using Aadhaar E-KYC. Only after approval of digital signature certificate company registration documents can be submitted.
Once the proposed pvt ltd company name is approved, documents required for PVT LTD company registration will be provided to the client for signature and attestation.
Upon receipt of signed documents from the client, the application for registration of a private limited company will be completed along with the PAN application.
On approval of the company registration application, the private limited incorporation certificate together with company CIN number be provided with the details of compulsory MCA filings for private limited company.
The process of registering a private limited company typically takes anywhere from 7 to 15 days, depending on the jurisdiction and the complexity of the registration.
The cost can vary depending on the services used (e.g., legal or consultancy fees), state fees, and other administrative costs. The total cost can range from a few hundred to several thousand dollars.
No, a private limited company requires at least two shareholders. However, there are structures like "Single Person Company" (SPC) in some jurisdictions that allow for one shareholder.
Yes, a foreign national can be a director of a private limited company, but at least one of the directors must be a resident of the country.
Tax expertise involves specialized knowledge in tax law and accounting, helping clients minimize liabilities while ensuring compliance. Tax advisors, including CPAs and attorneys, offer tailored strategies for individuals and businesses to navigate complex tax situations effectively.
Cost efficiency refers to the ability to minimize costs while maximizing output and quality. It involves optimizing resources to achieve the best results without unnecessary expenditures, enabling businesses to enhance profitability and competitiveness.
It's being fully prepared for an audit, ensuring accurate financial records and compliance with relevant standards. It involves maintaining organized documentation, implementing internal controls, and conducting assessments to identify gaps before the audit occurs.
Register Mitra can significantly save time by streamlining processes and providing instant access to services. It simplifies application submissions, offers quick updates, and enhances efficiency in managing tasks, allowing users to focus on core activities.