Private Limited Company Registration

• • The separate legal entity provides immunity to the owner’s personal property or assets in case of bankruptcy.
  • The freedom to easily add or remove members in the company comes with perpetual succession. There won’t be any harm to the company’s existence.
  • Investors are willing to invest in a private limited company.
  • Registration of a private limited company requires a minimum of just 2 members.
  • Banks easily sanction loans to private limited companies.
  • Private Limited Company is your best option if you want to expand your company and take it on a global level. Private limited companies and limited companies are the only types of companies that allow 100% Foreign Direct Investment in the international market.
  • The Directors are also usually the main shareholders of the Company. Hence both the ownership and control of the business remain in their hands.
  • The scope of capital expansion as a maximum number of shareholders allowed is 50.
  • Employee stock option program (ESOP) is a source of extra motivation beyond salary. As a result, employees will also have vested interest in the success of the company.

• • Copy of PAN Card of directors
  • Passport size photograph of directors
  • Copy of Aadhaar Card/ Voter identity card of directors
  • Copy of Rent agreement (If rented property)
  • Electricity/ Water bill (Business Place)
  • Copy of Property papers(If owned property)
  • Landlord NOC (Format will be provided)

Step 1: Acquire Digital Signature (DSC)

The Private Limited Company Registration in Kolkata procedure is completely online and hence it requires digital signature to incorporate a private limited company. It is mandatory for subscribers and directors to have a valid DSC ( Class II or III). You can get a DSC from us in just one day. It is already included in our package. If directors already have DSC this step can be skipped.

Step 2: Apply for DIN (Director Identification Number)

Anyone who wants to be a director in a company has to apply for DIN if he doesn’t have one already. One DIN can be used to become a director in any number of companies. It can be obtained either by filing DIR-3 or directly through SPICe at the time of incorporation.

Step 3: Apply for Name Approval

Names can be submitted for approval through the Name Approval form or together with SPICe (INC-32) at the time of incorporation. If Name is not approved in first chance then you can file for a resubmission or file the SPICe form again. This whole process takes 2-3 days. Please note that DSC and DIN shall not be required for filling of the Name Approval form for reservation of name. Only MCA Account is mandatory.

Step 4: Form SPICe (INC-32)

Complete the application in INC-32 after getting it digitally attested from a Chartered Account or a Company Secretary or an Advocate in practice.

Step 5: e-MoA(INC-33) and e-AoA (INC-34)

Before the introduction of SPICe, these forms were required to file physically but now they can be filed online at the MCA portal along with SPICe ( INC-32). These forms must be digitally signed by subscribers to MOA and AOA. If all the details are duly filled and all the requisite documents are attached the registrar will issue a certificate of Incorporation and CIN (Corporate Identity Number) will be allotted to the company.

Step 6: PAN and TAN Application

Once you receive the certificate of Incorporation apply for PAN and TAN as they would be required for opening a bank account. You can also apply for the same along with INC-32 at the time of incorporation.