Establishing a business in one of the fastest-growing nations, India, is more than a venture. But it is also important to choose an accurate business legal structure. Well, for businesses that are focusing on growth and want to gain easy access, the private limited company registration can prove to be the right company structure. This appropriate structure is designed to secure the advantages of credibility, flexibility, and legal benefits. 

Want to start your business as a private limited company but facing the high registration cost? 

If you are keen to form your business as a private limited company faster and at an affordable price, then this page is for you. Our most recent promotions offer a 20% discount on Pvt. Ltd.

Additionally, with our 20% OFF offers, we guarantee to register your business in India. In this comprehensive guide, we will explore the method for Pvt Ltd company incorporation registration at an affordable price. Let’s discuss it in more detail. 

What is Private Limited Company Registration in India?

For a particular registered company, a private limited company acts as a business structure. While such a company is formed by a small group of shareholders. In a registered Pvt Ltd company, the shareholder limit is from 2 to 200. Moreover, the legal framework for a private limited company is ideal for small businesses, entrepreneurs, and early-stage businesses. 

In this framework, the shareholders are protected with limited liability benefits and also enjoy the separate legal entity advantage. On the other side, the words “Private Limited” signify that the registered private limited company is restricted from providing shares to the public. 

The key Features of a Business Registration in India

  1. Limited Liability: The amount shareholders invested in the company is only liable for certain debts. This indicates that their personal assets are protected by this property.
  1. Separate Legal Entity: A private limited company acts as a separate legal entity. It defines that it can own assets and face the legal proceedings independently. 
  1. Perpetual Existence: The company’s existence will not be affected by something that happens to the shareholders or a change in ownership. It still works as a separate entity.
  1. Restricted Share Transfer: The shares of a registered private limited company are restricted from trading freely in public. It grants control of shares to the original owner.
  1. Ease of Raising Capital: The private limited company is eligible to issue shares to the investors. It simplifies the process of obtaining funds for further company expansion.

These advantages encourage private limited company formation, which aims for long-term success in the Indian business landscape. 

Also Read This: Why Gurugram is the Best Place to Register Your Pvt Ltd Company

Why Choose Pvt Ltd Company Registration in India?

For a small group of entrepreneurs, the company registration in India provides countless benefits. This is what the Pvt Ltd company registration has become—the ideal for startups and well-established organizations. Here is why you should prefer a Pvt. Ltd. company incorporation legal structure: 

Professional Image and Trust

The investors and the clients see a registered private limited company as a credible and professional entity. This reflects their views on the company image, which directly boosts the trust of customers, investors, and suppliers. 

Limited Liability Protection

Private limited company shareholders’ personal assets, like houses, cars, and savings, are protected. If the company deals with financial risks, the assets won’t be at risk.

Access to Funding

The banks and investors only provide the funds to those businesses that have a tag of trust. Mostly, they choose the Pvt Ltd (private limited) funding companies. 

Tax Benefits

Due to the specific tax benefits and exemptions, the company enjoys long-term growth with cost-effectiveness. 

Scalability

Unlike the public limited companies, the factors of private limited companies offer more flexibility in management. Even the ownership can also change without changes in its structure. 

Why Register Your Pvt Ltd Company with Us?

To establish any type of company in India, the applicant needs support and the right guidance. Are you looking for the right partner or a consultant for your company registration in India? Here is why our service proves best for you:

Reasons to choose UsExplanation
Fast and Hassle-FreeWe believe completing the work for the client on time is vital. Therefore, our experts’ support and guidance will help you to form a private limited company in only 7 days. 
20% OFF Limited OfferOur service protects you from the costly registration and also offers a discount on your first consultancy. Our most recent package offers an exclusive 20% off. 
Expert SupportAll documentation work for the registration of a private limited company will be monitored by our experienced professional team. They also handle the complaints and follow-ups. 
Transparent PricingThe 20% cost-effective package is transparent, and our service doesn’t demand hidden charges. We provide transparent and reasonably priced services.
End-to-End ServiceFrom application submission to drafting the DSC and business bank account opening, we manage every single step. 

Kickstart your dream business journey with our discount package. 

The Eligibility for Pvt. Ltd. Company Registration

Every company’s legal framework has its specific rules and regulations. For the formation of a private limited (Pvt Ltd) company, you need to meet the specific eligibility requirements. The criteria are outlined under the Companies Act, 2013, in India. You need to meet. 

  • Minimum 2 Directors: To register a company in India as a private Ltd. company, we need to register two individuals as directors. It is also compulsory that one designated director must be an Indian citizen.
  • Minimum 2 Shareholders: For a private limited business registration, there is a need for at least two shareholders. The number of shareholders can be increased, or they can also be company directors.
  • Unique Company Name: For the registration, you need to choose a unique company name. It also ensures that the name you selected must not be similar to an existing registered company or trademark. The chosen name must include the terms “Pvt Ltd” or “Private Limited” at the end.
  • Registered Office Address: A private limited company needs to have a proper and valid address proof in India. The company’s registered office can be residential or commercial property. 
  • Capital Requirement: There is no minimum capital needed for registering a business in India. It means the startups or early-stage businesses can start the company registration journey by investing a smaller amount. 
  • Pro Tip: The above-mentioned details define that there is no complex eligibility criterion for the company registration. To build a company, our professionals will guide you from start to finish with meeting the authority requirements. 

Also Read This: Delhi Startup Alert: Register Your Pvt Ltd Company Without the Headache

Necessary paperwork for the registration of a Private Limited Company

To start a business in India as a private limited company, you will need to prepare several essential documents. Feel free, as company registration online professionals make the documentation procedure hassle-free. The required documents are:

1. Identity and Address Proof

  • The PAN card of all designated shareholders and  directors
  • Aadhaar card, voter ID, passport, or driving license as proof of identity
  • Utility bills or bank statements as evidence of address (not older than two months)
  • Passport proof (if applicant is a foreign national)
  • Notarized identity and address proof (for a foreign national)
  • Utility bills or a bank statement from a foreign national serve as proof.

2. Registered Office Proof

  • The certificate of rental agreement if the area is on rent
  • No Objection Certificate from the rented office owner
  • Electricity bill or corporation tax receipt if the office is owned

3. Company Structure and Objectives

  • MoA: The Memorandum of Association outlines the objectives, scope, and authorized share capital of a company.
  • AoA: Articles of Association are required to define the registering office’s internal rules and regulations. It also outlines the directors’ and shareholders’ responsibilities.
  • Declaration by Directors and Subscribers: Requirement of Form INC-9 and DIR-2, which are official declaration proofs with consents from the designated directors.
  • DSC: To sign the documents electronically by the proposed directors, a Digital Signature Certificate is needed.
  • DIN: For the Indian directors, the Director Identification Number acts as a unique identifier. 

4 Other Documents

  • Company Name Approval: The proposed unique name must be approved by the Registrar of Companies.
  • Board Resolution: If the registered company has shareholders, there is a requirement for a board resolution authorizing the investment. 

Final Thoughts

In conclusion, the legal structure of a pvt ltd company incorporation provides a balance of flexibility, credibility, and limited liability. The proposals in its benefits make it the most selected choice for many businesses, mostly for startups and small businesses. For your business, this legal structure can become a growing opportunity that also attracts investments.