Private Limited Company

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Company registration with 3 DSC, all related government fee & stamp duty*, PAN, TAN, ESI & PF registration and bank account. Inclusive of all government fees and taxes

Company registration with 3 DSC, all related government fee & stamp duty*, PAN, TAN, ESI & PF registration, bank account, accounting software, share certificates and commencement certificate. Inclusive of all government fees and taxes.

Everything in basic package + GST registration, payment gateway integrated with LEDGERS, 1 year accounting, financial statements preparation, MCA annual return filing and income tax return filing. Inclusive of all government fee and taxes.

Everything in standard package + GST registration, 6 month GST return filing, Udyog Aadhar registration and trademark filing. Inclusive of all government fee and taxes.

All Inclusive Pricing - No Hidden Fee

Pay as you go grow pricing

Lite
all inclusive fees
  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • 1 Lakh Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Current Account Opening
  • PAN & TAN
  • ESI & PF Registration
Basic
all inclusive fees
  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • 1 Lakh Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Current Account Opening
  • GST Registration
  • ESI & PF Registration
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Premium LEDGERS Software 6
  • GST eWay Bill Software
  • Commencement of Business Certificate
Standard
all inclusive fees
  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • 1 Lakh Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Current Account Opening
  • Online Payment Gateway 5
  • GST Registration
  • ESI & PF Registration
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Premium LEDGERS Software 6
  • GST eWay Bill Software
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director’s Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support
Premium
all inclusive fees
  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • 1 Lakh Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Current Account Opening
  • Online Payment Gateway 5
  • GST Registration
  • ESI & PF Registration
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Premium LEDGERS Software 6
  • GST eWay Bill Software
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director’s Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support
  • 6 Months GST Return Filing
  • Udyog Aadhar Registration
  • Trademark Filing

Incorporations from Maharashtra state will also receive complimentary Professional Tax Registration.

  • Class 2 digital signature from eMudhra with 2 year validity along with ePass 2003 token.
  • Upto 4 name options can be given in 1 RUN name approval request.
  • Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
  • In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
  • Business Current Account and Payment Gateway powered by ICICI Bank Limited. Subject to terms and conditions of ICICI Bank Limited.
  • Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
  • Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IndiaFilings will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
  • Additional Directors can be added for an additional price of Rs.999 – if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.1999, inclusive of GST.
  • Additional authorised capital can be purchased if requried at time of incorporation.

Company Registration

Private Limited Company is the most popular type of business entity in India. Over 20 lakhs companies have been registered in India as of October 2020 and 12 lakhs companies are classified as active. All companies registered in India are governed by the MCA (Ministry of Corporate Affairs) under the Companies Act, 2013. Each year IndiaFilings helps register thousands of companies across India. The company registration process can be completed online on IndiaFilings in less than 10 days with assistance from experienced incorporation experts.

Why register a company?

Entrepreneurs register a company in India to create a business that is well regarded by customers, suppliers, bankers and the Government. By setting up a company, an Entrepreneur has the ability to create a small or large business that can easily raise capital and scale seamlessly to any size.

How is a company better than a proprietorship?

The ownership of a company is represented by shares. Thus, the ownership of a company can be shared or transferred to any other Indian or Foreign legal entity or person. The directors of a company are also easily replaceable. Hence, on a company allows an Entrepreneur to easily raise capital and transfer ownership without any hassles.

How does a company limited liability?

A private limited company provides limited liability protection to its shareholders. In case of any unforeseen losses, statutory or legal liabilities, the shareholders of the company will not be held responsible. Only the Directors of a private limited company are held responsible in most instances for various statutory liabilities.

How can a company raise funding?

A company can raise equity capital from persons or entities interested in becoming a shareholder. Entrepreneurs can raise money from angel investors, venture capital firms, private equity firms and hedge funds. A company can also raise debt financing from banks, financial institutions and NBFCs easily.

How to Open Private Limited Company Bank Account

A private limited company is recognized as a separate entity with a dedicated PAN. Using the PAN and incorporation certificate of the company, an Entrepreneur can within days open a current account in any bank.

RELATED GUIDES

  • Features of a company
  • Advantages of registering a company
  • Types of companies
  • Director of a Company
  • Director Identification Number (DIN)
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Authorised vs. Paidup Capital
  • Registered office of a company
  • Documents required for company registration

Company Compliance

All companies registered in India are required to maintain compliance under various regulations. Failure to maintain compliance can lead to penalty or disqualification of the directors.

IndiaFilings can help you with accounting and maintaining of statutory compliances for the company at a very affordable price point.

Some of the important compliances for companies registered in India are given to the right. Please note that additional forms will also be applicable as per government notification.

Other than these mandatory compliances, there are others that need to be done depending on the company’s timeline. IndiaFilings also assists in increasing authorised capital, changing registered office, change in directors and others.

Statutory Auditor appointment

30 days of Incorporation

The board of directors must appoint a practising Chartered Accountant within 30 days of incorporation.

Commencement of Business (Know more)

180 days of Incorporation

The capital mentioned in the MOA [Memorandum of Association] must be deposited in a bank and commencement certificate must be obtained from MCA.

Income Tax Filing

30th September

Companies registered in India must file income tax return each year in Form ITR-6.

Annual Return

31st October

Companies registered in India must file MCA annual return each year in forms AOC-4 and MGT-7.

DIN KYC

30th April

The DIN KYC procedure must be completed each year for the directors of the company.

Documents required for company registration

To register a company, various documents are to be submitted to the MCA as follows:

PAN Card: PAN Card copy of the proposed Directors of the Company will be required for Company Registration.

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.

  • The registered document of the title of the premises of the registered office in the name of the company; OR
  • The notarized copy of lease / rent agreement in the name of the company along with a copy of rent paid receipt not older than one month;

In addition to the above, the following must also be provided as proof of registered office:

  • The authorization from the Landlord (Name mentioned in the Electricity Bill or Gas Bill or Water Bill or Property Tax Receipt or Sale Deed) to use the premises by the company as its registered office. This is usually referred to as NOC from Landlord; AND
  • Proof of evidence of any utility service like telephone, gas, electricity, etc. depicting the address of the premises in the name of the owner or document, which is not older than two months.

Company Registration Process

IndiaFilings can incorporate a company in less than ten days, subject to government processing times and availability of all documents.

  • Step 1: Dedicated incorporation expert assigned for the engagement
  • Step 2: Collection of information and documents for company registration from client
  • Step 3: Application submitted for digital signatures to eMudhra
  • Step 4: Name approval request submitted to MCA
  • Step 5: Incorporation documents drafted based on the MCA approved name
  • Step 6: Signing of incorporation documents by all Directors & Shareholders
  • Step 7: Submission of incorporation documents to MCA for approval
  • Step 8: Company incorporated with incorporation certificate & PAN
  • Step 9: Other process or services begin as per customer requirement

Identify the 2 directors and submit their documents as given to the below.

  • Identity Proof- PAN (Indian Nationals ) or Passport (Foreign nationals)
  • Proof of Address- Passport / Drivers License / Election ID / Ration Card / Aadhar ID
  • Proof of residence- Bank Statement / Electricity Bill / Phone Bill

The proposed name is applied and obtained from the Ministry of Corporate Affairs. Upto 2 names can be provided. In case of rejection of both names, an opportunity is provided for re-submission of the form with 2 more names.

Digital signatures must be obtained for the proposed directors of the company. Digital signature is required for signing of the incorporation application. However, digital signature is not required for obtaining the name approval.

On obtaining the digital signature, the incorporation application can be submitted in the SPICe form with the MCA. There is no requirement for obtaining the RUN name approval for submission of SPICe Form.

Company is incorporated along with the incorporation certificate, PAN and TAN within 2-3 business days.

IndiaFilings has exclusive relationships with top Banks in India wherein we will open a zero-balance current account digitally through our platform. Based on your choice of Bank, we can forward the request digitally to the Bank for opening the company’s current account from the comfort of your home in any city or town in India.

Private Limited Company Bank Account Opening

Open a new or link your existing ICICI bank current account with LEDGERS for seamless bank account reconciliation, account balance check and sending of payments through NEFT / RTGS / IMPS.

Bank Account Opening

Opening a current account for a private limited company is easier when compared to opening of current account for a sole proprietorship firm as a company is a registered legal entity – recognized by law. Therefore, once a company is incorporated, a bank account can be opened in the name of a company with the incorporation certificate of the company and identity/address proof of the Directors.

Open a new or link your existing DBS bank business account with LEDGERS for seamless bank account reconciliation, account balance check and sending of payments through NEFT / RTGS / IMPS.

To incorporate a Limited Company, a minimum of seven people are required. A Limited Company must have a minimum of three Directors and seven shareholders.

The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Private Limited Company.

You can start a Limited Company with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process.

An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.

No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

Identity proof and address proof is mandatory for all the proposed Directors of the Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.

IndiaFilings.com can incorporate a Limited Company for in 14-20 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.

Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.

Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay authorized capital fee for a minimum of Rs.5 lakhs.

A limited company must hold a Board Meeting atleast once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, atleast once every year.

Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.