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REGISTER A PRIVATE LIMITED


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REGISTER A PRIVATE LIMITED


in just 8,000/- ( Inclusive of All Taxes )

Keynotes on Private Limited Registration


It takes 10 to 15 days for Private Limited Registration

Completely online service - No physical presence required.

No Minimum Share Capital required


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What is Private Limited Company ?

Establishing a business is very important before it commences it. While you are commencing a business in India, it becomes compulsory that you meet the requirements of the law. While you are an entrepreneur it is quite obvious that you will lack a lot of information that can lead to easy registration of your business. There are numerous complications in the process of registering a company but it is only until you are in touch with a company that offers assistance in registering a business. It is also important that you follow each and every law for the process of registering or else it can lead to delayed completion of the process or even cancellation.

Click 4 business solutions is an organisation that offers one of the best assistance services in registering a company. While you are in need of a perfect solution that will make your business prosperous, you will need a helping hand that has adequate knowledge on the given field, and click4 business solutions can be that trump card for you. Professionals here are committed to providing the best service to their clients as we know that superior quality of service today will benefit both us and our clients. As we understand the complications in opening and registering a business, we provide the accurate services that our clients are in need of.

To register a private limited company in India there are some requirements like the PAN card of the director, residential or address proof, bank statement, and address proof of the registered office. If you are also one of those who are looking for help in registering their company, continue reading further.

Ways of registering a private limited company Click4 business solutions are here serving the best service in registering a company at an affordable price. Here are the steps that are related to the registration of a private limited company,


Documents required to register a Private limited company


DOCUMENTS REQUIRED PRIVATE LIMITED REGISTRATION

Passport size photograph of directors.

Copy of PAN Card of directors.

Photo Copy of Property papers in case of owned property.

Water, Electricity or Gas bill of Business place.

No Objection Certificate from landlord (format will be given).

Copy of voter identity card or aadhaar card of directors.


Photo Copy of rent agreement in case of rented property

At least 2 directors are needed.

Minimum 2 shareholders are needed.

No Minimum Share Capital required.

Minimum one designated partner should be Indian resident.


Process of registering a private limited company.

The Application of DSC : -

There is a need for a digital signature of the proposed directors and shareholders. DIN stands for a director's identification number and this is allotted by the Ministry of corporate affairs. If the directors already own their DSC then this step can be skipped.


The name has been approved : -

While you are in this step, it is important that you offer 2 desired names for your company to the Ministry of Corporate affairs. The MCA then chooses one out of the two names you served. Make sure that the name that you offer is adjacent to the business that your business is going to work on.


Providing Documentation : -

Once the digital signature and name approval are done, there is a need to draft the declaration sheets for the directors and the shareholders for their AOA article of association, acceptance, subscription sheet, and memorandum of association.


The submission of the MOA and AOA : -

Once the name is approved by the MCA it is important to draft the AOA and MOA. Both AOA and MOA are needed to be filed to the Ministry of Corporate Affairs along with the subscription statement.


Get incorporation certificate : -

To register a private limited company and also get its incorporation certificate it takes around 15 to 20 days. The registration certificate is proof that the company has been incorporated. You also get a CIN number along with it.


PAN, TAN, and bank account Application : -

There is no need to apply for TAN & PAN separately as this application process is conducted along with your company registration submission forms. The TAN & PAN is obtained within a week. Once you complete this step, AOA, MOA, incorporation certificate, and PAN can be filed to the bank for commencing a bank account.


CONCERNS LINKED TO PRIVATE LIMITED COMPANY

Quick private limited company registration services in India

While you are looking through the internet about the best company that assists in registering a private limited company that too within a limited budget, you get click4 business solutions. Here, professionals who assist in registering a business have years of experience in efficiency in this field. They have mastered the rules and regulations of registering a company and thus you can now save your time and money at same time by working with us. We offer our excellent registration and consultancy support through our highly efficient CA in Kolkata, Burdwan, West Bengal, Murshidabad, Birbhum, North-South 24pgs, Nadia, Dinajpur, Cooch Behar, and many other districts. We also offer our services to people from other parts of the country as well.


There is no such minimum capital barrier

The number of ROC compliance is a bit more for private limited company.

The maximum number of members in a private limited company can be 200 members.

A private limited company is generally preferred by entrepreneurs for easy share transfer and growth in future.


What is the first thing that draws the attraction of clients to your business?

It is nothing other than the name of the company. Here are some factors that you need to keep in mind while naming a company,


MEANINGFUL -

The name that you suggest for your business should have relevance to the business that your company performs.


UNIQUE : -

It is better to avoid identical names of other companies or trade mark. Other things that you need to avoid are punctuation marks and spacing in existing or other plural versions.


PRECISE AND SIMPLE –

Short names are the best. You should try and eliminate names that are long and also make sure that the names that you choose are easy to pronounce and remember as this will help your business grow.


Must not be illegal or offensive –

Make sure that the name that you choose for your private limited company does not violate any law. Moreover, the name must not hurt sentiments related to religions.


Perks and drawbacks of a private limited company


Advantages of registering a private limited company

It is easy to administer, register and continue.

Preferred by banks and investors.

It serves the benefits of a public limited company and the stretchability of a partnership business.

Less liability due to distinct legal establishment.

Share distribution is easy.

It is easy to wind-up.


Disadvantages of private limited company registration

The compliance process is strict.

Deposits can not be accepted.

You cannot access bank finance for 2 yrs.

Annual charge of compliance.


FREQUENTLY ASKED QUESTIONS


Ques: Can a current company be changed to a private limited company?

A company that already exists can upgrade to a corporate identity. Your current firm can be converted—a challenging process—into a private limited company. Please get in touch with us if you need any additional help with this process.


Ques: What does Private Limited Company Registration entail?

Private limited company registration is a service we provide. Private limited companies are the most widely used type of legal entity in India. The Companies Act of 2013 is used to incorporate Private Limited Companies, and it is overseen by the Ministry of Corporate Affairs (MCA).


Ques: How do you register a private company?

You can complete the process of forming a private company by utilising our qualified services. It takes 10-15 days to complete the process of registering a private limited company.
What does registering your private company cost? - We charge around Rs 8000 to complete the private company registration process.


Ques: What is the annual maintenance fee for an Indian private limited company?

Depending on the Indian private limited company's status, annual maintenance costs would vary. In different situations, it might change.


Ques: Can an NRI hold a directorship in a business?

It is possible to upgrade an existing company into a corporate identity. Your current firm can be converted—a challenging process—into a private limited company.


Ques: What amount of capital is necessary to register a private company in India?

A minimum paid-up capital of Rs. 1 is required for all Private Limited Companies per the 2013 amendment to the Companies Act.


Ques: How many individuals are required for the private limited company formation in India?

In order to form a private limited company, a minimum of two people are required. This may be expanded to accommodate up to 200 people. In addition, you can be a solo proprietor who wants to start a private limited business. You could choose to set up a One Person Company (OPC). A type of private limited company called an OPC can be formed with just one member, shareholder, or director.


Ques: What forms of identification are required when a Private Ltd Company wants to create a bank account?

Numerous pieces of paperwork are required to open a bank account as soon as the private limited business is formed. The following paperwork is required to open a bank account:

PAN Card for citizens of India

Declaration of Incorporation

Association Bylaws (AOA)

Articles of Association (MOA)

Form for creating a bank account as specified by the relevant bank

Board Resolution in accordance with the bank's framework.


Ques: Is an appropriate office address required for the registration of a private limited company?

For incorporation, a business does not require an office space, but it does need a valid address. Before submitting an application for the registration process, the company must have a functional office setting.


Ques: Is an appropriate office address required for the registration of a private limited company?

For incorporation, a business does not require an office space, but it does need a valid address. Before submitting an application for the registration process, the company must have a functional office setting. By providing your home address throughout the formation process, you can launch your business.


Ques: How many different kinds of private companies exist?

An unlimited business is a firm with a share capital and also a limited liability business.


Ques: Can a Private Limited Company own and operate many businesses?

It is permitted to conduct several businesses if both the MoA and the company registrar have allowed it.

Directorship is open to anyone.

Anyone interested in serving as a director of the Private Limited Company must have the following requirements:

A Director Identification Number, or DIN, is required.

Should be at least 18 years old.


Ques: How many directors are necessary for the registration of a private limited company?

For a private limited company to be registered, a minimum of two directors are needed.


Ques: Can someone make a salary to become a corporate director?

You are eligible to serve as a director of any form of business. It is advised to abide by workplace regulations if possible.


Ques: How long does it take to establish a private limited corporation in India?

A firm must be registered usually within 10 to 15 business days.


Ques: Is it necessary to recruit a CA or CS on a full-time basis?

Hiring a CA or CS on a full-time basis is not necessary. At Click4, we have qualified personnel who will handle all the annual compliance procedures on behalf of our clients.


Ques: What criteria must be met when choosing a name for a private limited company?

The Companies Act of 2013 mandates that a company's name be distinctive and reflect the nature of its business.


Ques:What minimal documents are required for the registration of a private limited company in India?

The following should be provided by all prospective directors:

Identity documentation such as a passport, driver's licence, aadhaar, or any government-issued ID

PAN Card for citizens of India

passport for international citizens

Utility invoices serve as address verification

The owner of the registered office premises must present a No Objection Certificate.


Ques: What do DSC and DIN stand for?

For signing electronic documents, the certifying authority issues a DSC or digital signature certificate. Director identification number, or DIN. With the SPICe (Simplified Proforma for Incorporating a Company Electronically) Form, a DIN is assigned with the certificate of incorporation.


Ques: What factors determine if a private limited company registration is valid?

The business's registrar issues a private limited company registration certificate. Throughout the existence of the company, it is legitimate.


Ques: What if the director is absent? Can I register a private limited corporation with the help of my family members?

Using family members to complete the private limited company registration process and afterward, transfer shares is also conceivable.


Ques: Does a private limited corporation need to register for GST?

With effect from 01.04.2019, the maximum total turnover thresholds for suppliers of goods to qualify for an exemption from registration and payment of GST are set at Rs. 40 lakhs and Rs. 20 lakhs (in the States of Manipur, Arunachal Pradesh, Mizoram, Meghalaya, Nagaland, Sikkim, Puducherry, Tripura, Telangana, and Uttarakhand).


Taxpayers belonging to the following categories ought to be exempt from registration requirements:


Service providers with annual revenues up to Rs. 20 lakh who carry out interstate deliveries


service providers who operate on e-commerce platforms and have annual sales of up to Rs.20 lakhs, serving supplies via eCommerce platforms.


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