Some of the legal buildings of any trade are forming a Private Limited company, and these varieties of trade have to be selected by any person looking to build a salable industry. Any trade group, be it a start-up, look for registration that it helps them in elevating money without difficulty.
Following are the procedures/steps to do registration for Private Limited Company in India:
Step 1: Obtaining DSC (Digital Signature Certificate)
Step 2: Obtaining the DIN (Director Identification Number)
Step 3: Bidding for Company Name Registration
Step 4: Bidding for Incorporation of company
Step 5: Apply for PAN, in Name of New Company
Step 6: Open Current Account in Bank
Step 7: File Intimation to ROC about Appointment of First Auditors of Company
Step 8: Apply for GST Registration Criteria for the Private Limited company:
Following are some of the criteria for Private limited company registration in India that must be followed:
Minimal 2 administrators
Minimal 2 Shareholders
Administrators and Shareholders would be the identical character
Minimum Share capital should be Rs.1, 00,000
Utility of DIN allotment for all directors
DSC for two directors
Completing all these steps we need to pay for the registration. Payment can be done through online as well as offline with the help of some agencies like Kanakkupillai.com. They are providing services like service tax registration, TIN registration, Sales tax registration, e-filing and so on.