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Private Limited Company Registration

Setting up a business in India often involves choosing a private limited company as a preferred option. get investments by way of equity, wish to offer sharing of ownership with employees by way of ESOP, wish to get FDI, etc. Private Limited Company, the most popular legal structure for businesses, should be chosen by anyone looking to build a scalable business, and it ranks among the nation's most favored business structures.

A company is registered in accordance with the Companies Act,2013 and is a separate legal entity, distinct from both its shareholders, directors and managers. The liability of the members is limited to the amount paid or unpaid on issued share capital. A company has perpetual existence.

Benefits Private Limited Company

Require 2 Person as promoter i.e Directors.
Limited Liability for Members
Easily raise funds from Investors
More Recognition as Compare to others & while dealing with foreign countries as a Corporate entity
ESOP Option are available to motivated Employees
Preferred by banks, VCs & investors

Drawbacks Private Limited Company

Statutory Compliance are High.
profit after corporate tax is not free, they are again taxable in the hands of the shareholder as dividends.
Seting up Cost is high as Compare to Other business entity

Documents Required for OPC Registration

For Director

Copy of PAN Card
Copy Aadhar Card
Address Proof (Bank Statement, Mobile bill, Telephone bill not older than 2 months)
Passport Size Photo

For Registered Office

Lease/Rental agreement
Khata or Tax paid receipt in case of owned by director
Utility Bill (Gas Bill, Electricity Bill latest not older than 2 months)
NOC from the Landlord/Director

Registration Process

Acquire Digital Signature certificate
Name reservarion of company
Submission of documents to Registrar of company
After Getting incorporation update registred office within 30 days
Submit commence of business within 180 days

Private Limited Company Registration

Private Limited Company Registration

Benefits Private Limited Company

Drawbacks Private Limited Company

Documents Required for OPC Registration

For Director

For Registered Office

Registration Process

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