PRIVATE LIMITED COMPANY

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Introduction Private Limited Company

A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares. The owners of a private limited company are known as shareholders.

ADVANTAGES

Credit Availability

Separate Legal Entity

Perform Globally

Attract Investors and FDI

Documents for one company Registration

Self attested: Pan card, Aadhar card, Driving license, passport (for foreign director Passport is mandatory)
Address proof: Telephone bill, Electricity bill, Bank Account
Commercial space proof: Rental agreement or ownership deed

Registration process

Name approval: For registering a company, we should actually apply for a unique name for the company which is unique and has a trademark for self. The name should consist of 3 parts according to the norm of MCA as uniqueness name, platform of business and entity. It would take 5-7 to get approved.
Digital signature: As the documents are being held as online form, the signature should be digitally designed. It would take 2-3 days to get the signature according to Class.

DIN number: DIN (Director Identification Number) is a unique number given to all directors to identify the director. It takes 3-4 days to generate a DIN number.

MOA and AOA: The Memorandum of Association and Article of Association should be submitted to the Ministry of Corporate Affairs to get scanned and approved for incorporation of the company.

Incorporation of company: The Certificate of Incorporation of company is the certificate for getting finalized approval for registration of company. The final step takes 7-10 to complete.

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