Private limited companies come under one of the most highly recommended ways to create a business in India since it secures shareholders with limited liability and precise ownership limits. These are privately maintained small and medium businesses and are the most authentic way of business incorporation. It's also a great option for startups because it gives them access to funds from investors.

Private limited companies are governed by the Companies Act, 2013 and are incorporated under the MCA( Ministry of Corporate Affairs).

• The following features give private company an edge in comparison with other forms of  organisations-
• Perpetual succession of business
• A separate legal entity which limits your liability
• Offers the benefits of both a Public Ltd. Company as well as of a partnership firm
• Easy to Incorporate and easy to dissolve
• Preferred by creditor, banks and investors
• Low Income Tax rates compared to other forms of business

• A Minimum 2 Directors are required for incorporation of private limited company
• Minimum 2 members, Maximum 200
• DSC and DPIN for all designated directors is required
• Minimum 1 Lac Authorised Share Capital is required
• A distinct and unique company name
• At Least one director should be an Indian resident

• Proof of Registered Office Address
• Notarized rental agreement
• No-objection certificate from the owner (if rented)
• Sale deed (if property is owned).
• Digital Signature Certificate
• PAN Card as an ID Proof of Director
• Address Proof of Director
• Passport size photograph
• Latest bank statement
• Telephone or mobile bill

Other Requirements:

• A. Occupation and Educational qualification of Directors
• B. Mobile Numbers and E-mail Id of Directors
• C. Capital amount of investment
• D. Structure of capital investment (in Percentage)
• E. Object of Company
• F. Matters which are necessary for furtherance of the objects of company

• The company should get a business commencement certificate within 180 days of its incorporation.
• Appointment of an Auditor within 30 days of company incorporation.
• The income tax returns have to be filed every year on or before the due date.
• All the private limited companies must submit the form AOC 4 to the ‘MCA’
• All the private limited companies must submit the form MGT-7 to the ‘MCA’
• As a part of private limited company compliance, it is crucial to file MCA Form MGT-7 on or before December 31st every year for companies following the financial year ending on March 31st.
• As per Section 134, the director's report should be submitted on time with the ROC and MCA without fail.
• Holding an AGM within 6 months of the end of the fiscal year. 

Our experts will assist you throughout your company registration process and will be available to answer all your enquiries with up to date knowledge about laws and compliances. We will get your company registered as fast as possible and that too at the most reasonable prices.