Documents Required For Incorporating a Private Limited Company

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Documents Required For Incorporating a Private
Limited Company A private limited company is
the most sought after form of corporate
legal Registration in India. The MCA
(Ministry of corporate affairs) governs the
company registration as per the companies
act 2013 as well as the companies
incorporation rules 2014. Also, for the company
registration process, 2 directors and 2
shareholders are required. Remember, both
shareholders and directors may or may not be
the same person.
In India, private limited company registration
is preferred over other forms of business
Registration. It ensures limited liability and
gives a separate legal entity to the business.
Also, company formation results in clear
ownership of the business entity which is
defined by share capital of the company. The
formation of a business entity is the first step
in scaling your business and paves the way for
outside funding while letting you attract top
talent by providing stock options. But, you
need to take into consideration
mandatory audits with higher compliance
that could be tough to maintain. Also,
higher compliance will lend better
credibility to your business than any other
firm of incorporation of a company in the
country.
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• What are the benefits of registering a private
  limited company in India?
• Some of the key benefits of registering a private
  limited company are
• Limited liability of shareholders
• Separate legal existence
• Transferability of shares
• Easy fund raising
• Management and ownership separation
• Improves credibility and trust
• What are the basic requirements for registering a
  private limited company?
• Minimum two directors
• A private limited company should have at least
  two directors but maximum 200 people can become
  shareholders in the company.
• One resident director
• At least one director should be a resident
  Indian for private limited company
  registration. Also, resident Indian means an
  individual who has spent at least 182 days or
  more in a financial year in the country. No
  minimum capital There is no minimum capital
  needed for private limited company registration.
  But, a private limited company must have a
  minimum authorized share capital of Rs. 1 lakh.
• Unique Company Name
• The name of your private limited company must
  be unique and should not be similar to and
  already existing company name or even trademark.
• Let's Know about the Private Limited Company
  Registration Process!
• The ministry of corporate affairs governs the
  company registration process. We have mentioned
  complete Registration below.
• Step 1 Application for DSC (digital signature
  certificate) Step 2 Apply for DIN of director
  identification number Step 3 Application filing
  for name availability
• Step 4 Drafting and filing of eMoA and eAoA.

Step 6 Certificate of incorporation issued by
ROC along with pan and tan.
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• Step 7 Open a current bank account on your
  company name.
• What documents are required for private limited
  company registration in India?
• Required Documents for Registration of
  Private Limited Company is of very
  importance as a small mistake in documents can
  result in the waste of efforts in the entire
  process. Private limited company under
  company act 2013 provides flexibility in
  incorporating a variety of different companies
  with varying extent of liability according to the
  need and Business needs.
• Therefore, a promoter can decide whether to form
  a one person company, public limited company or
  Limited Liability Partnership and can
  choose the type of private limited company to
  be formed. Also, there are a few set of documents
  needed for private limited company registration
  in India. The complete procedure of incorporating
  a company is managed by the registrar of the
  companies.
• The documents required for the private limited
  company registration
• Stage 1
• Apply for DIN (Director identification number)
  for each director
• Passport size photographs of directors
• Copy of PAN card of directors
• Copy of latest bank statement or mobile bill,
  Electricity bill or gas bill.
• Copy of aadhaar card, voter ID card of directors
• Directors email ID and phone number
• Specimen of digital signature of the directors.
• Stage 2
• Proof or registered office address
• If the property is rented, copy of lease deed or
  rent agreement, copy of

registration must not be older than 2
months. The landlord of the registered
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• office must provide a NOC for holding the
  registered office in your office premises and
  should submit your identity proof and address
  proof.
• State 3
• Once the company name is approved by the ministry
  of corporate affairs, now you can apply for the
  Certificate of incorporation. The three forms are
  needed-1) INC-7, 2) INC-22 and 3) DIR- 12.
• Stage 4
• Now you need to apply for a certificate to
  commence business. It is also essential for a
  public limited company and private limited
  company as per section 11 of the companies act
  2013. It is important to file INC -21 within 180
  days of receiving a Certificate of incorporation.
• You must choose the right company structure for
  your business prior to issuing the documents
  needed for company registration in India.
  You must pick the company structure wisely
  because it will let your company operate
  efficiently and meet the desired targets of
  profitability. For starting a company, you can
  choose business structures like one person
  company, LLP, Sole Proprietorship, public
  limited company and private limited company.
• For any help, you can contact ExpertBells. Just
  tell them a few details about your business and
  submit the documents and they will start the
  process. You will be ready to operate as a
  private limited company within 3 weeks. They make
  your interaction with the government as
  smooth as possible by doing all the
  paperwork for you. They will give you
  absolute clarity on the process to set
  realistic expectations. Their Online Company
  Registration team is a phone call away if you
  have any questions or queries about the process.
  They ensure that your doubts are cleared or your
  issues are solved before they arise.