How to Register a Private Limited Company

how to register a private limited company

How to Register a Private Limited Company

First, the Private Limited Company is a company where small businesses run by private ownership. It is a  corporation which restricts the no. of shareholders and liability of the member which limits to the number of shares they have. In fact, it is the most popular business structure in India for entrepreneurs in India. But the question arises when an entrepreneur needs to register his/her company. The question is how to register a private limited company.

Ease your worry!! Here’s the answer to your question.

5 Easy Steps to Register a Private Limited Company

These simple steps ensure a hassle-free start of business without any legal incorporation.

Step 1: Obtain Digital Signature Certificate( DSC)

Acquiring the Digital Signature Certificate is the first process of Private Limited Company Registration. As it is mandatory for the documents which are going to be submitted. Here, documents are secured electronically with valid digital signature. The Digital Signature can only be acquired by the agencies. The Controller of certification agencies(CCA) appoints these agencies for DSC

Step 2: Obtain Director Identification Number(DIN)

Here, each director should obtain their unique Director Identification Number.  The Ministry of Corporate Affairs(MCA) assigns this distinct number to the existing and intending directors of the company.  Address proof of the company, Passport size photograph of the applicant and self-attested copy of the identity proof are the required documents. In addition, the DIN is valid for the lifetime by the Ministry.

Step 3: Name Reservation

Before applying for Pvt Ltd Company in India, Name of the company must be reserved. Further, general practices should follow to choose and apply for the name:
1.Short and Easy to spell
2.Provide unique identity to the company
3.Should not use any defending word against public policy.
4.Must not be identical to the registered trademark or any company.

Step 4: MoA & AoA Certification

After reservation of name, an applicant shall prepare for the drafting of MoA and AoA. Here, the MoA (Memorandum of Association) specify the scope of the actions along with the list of main objectives and activities of the company. Whereas AoA(Articles of Association) describes in which manner the operations should carry on. While drafting the documents you must consult with professionals. Both the documents are signed and approved by the directors of the company.

Step 5: Filing E-forms under INC 29

Next Step is to fill the form and attach the documents prepared above. Below is the list of given documents require with Form INC 29:
1. Proof for Registered office address of the Company
2. MoA & AoA documents
3. Affidavit and Declaration by first subscriber and director.
4.Bills(not older than 2 months) and NOC from the owner of the registered office.
5. Self-attested identity proofs by subscribers and directors.

Step 6: Certificate of Incorporation

COI is the proof which depicts the information that your company is successfully registered. It consists of the date to start off the business.  Under the Ministry of  Corporate Affairs(MCA), the applicant will get a Certificate of Incorporation after the complete verification of the application. After satisfactory review, the Registrar will issue the Incorporation Certificate under his seal and signature.

Conclusion

Consequently, the Private Limited Company Registration in India becomes easy to process under the Companies Act,1956. Furthermore, after Pvt Ltd Registration, the directors should maintain the company’s status by filing annual returns and prescribed forms. Foremost, startuplauncher.org provides the Private Limited Registration services at the quick turn around time and reasonable prices.

 

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