Today, the entire private limited company registration process and other regulatory filings are paperless; documents are filed electronically through the MCA website and is processed at the Central Registration Centre (CRC).
Online Private Limited Company registration process is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.
Pvt ltd company registration is a systematic process of collection and submission of details required as per the requirements of the Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time.
Private Limited Company is the most popular type of business entity in India.
- Shields from personal liability and protects from other risks and losses.
- Offers liability protection to protect your company’s assets
- Attracts more customers
- Greater capital contribution and greater stability
- Procures bank credits and good investment from reliable investors with ease.
- Increases the potential to grow big and expand
Benefits of Private Limited company registration
- No personal liability to the owner of the company
- Improves credibility
- Easier to raise funds and loans from bank
- Increase the potential to grow big and expand
What to keep in mind while online company registration ?
Register private limited company must have at least two directors and at most, there can be 15 directors.
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
The proposed name and trademark can be checked at https://www.mca.gov.in/mcafoportal/showCheckCompanyName.do
Minimum Capital Contribution
Private limited company incorporation There is no minimum capital amount for a company. The registered office of a private limited registration does not have to be a commercial space.
What Documents will you need?
The below mentioned documents will be required for each Director/Shareholder to register pvt ltd company
Identity And Address Proof for pvt ltd company registration online
- Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
- Scanned passport-sized photograph specimen signature (blank document with signature [directors only])
Address Proof: The address proof submitted must have the name of the Director as mentioned in the PAN Card and the most current address of the Director.
Residential Proof: The residential proof must also contain the name of the Director as mentioned in the PAN Card and must not be older than two months.
Registered Office Proof: In addition to providing identity, address, and residential address for the Directors, proof must be provided to validate the registered office address of the Company.
Registered Office Proof for private ltd company registration
For online private limited registration in India, the company must have a registered office in India. Along with the rental agreement, utility bill or the sale deed and a letter from the landlord with her/his consent to use the office as a registered office of the company should be submitted.
Note: Your registered office need not be a commercial space; it can be your residence too.