Private Limited Company, How to register aa Private Limited Company in India, What is private Limited Company, Ebizfiling

There are various types of limited Company formation in India which can be incorporated adhering to a requirement of business and the size of operations involved.

Private Limited Company is a type of company that offers Limited Liability or legal Protection to its shareholder. It can be registered with a minimum of two people. A person can be both a director and shareholder in a Private Limited Company.

 

Public Limited Company can either be an unlisted Company or listed Company on the Stock Exchange. Public Limited Companies also enjoy wide options to raise funds through bank loans, the general public, and Institutional investors.

 

LLP has a blend of limited liability feature of a Company and flexibility of Partnership Firm. No Partner is liable on account of unauthorized actions of other Partners. The mutual rights and duties of Partners shall be governed by the Agreement between LLP and the Partners. LLP form of organization is usually preferred by Professionals, Micro and Small businesses that are family owned or closely-held.

 

The concept of OPC opens up new business opportunities for Sole Proprietors and Entrepreneurs who also wish to enjoy the advantages of limited liability, and a separate legal entity as well. OPC does away the hassles of finding the right partner for starting a business as the registered entity. It requires only one person who will act as a member, shareholder, and director.

 

The main process in incorporation involves:

 

Step 1: Obtain Digital Signature Certificate

Step 2: Obtain Director Identification Number

Step 3: Name Availability Application

Step 4: Form SPICE INC-32 / FILLIP

Step 5: MOA and AOA

Step 6: PAN and TAN Application

 

Documents required to be submitted for incorporation of a Company include:

 

  • Photographs of all Directors;
  • Self-attested and color copy PAN Card of all Directors;
  • Self-attested and color copy ID Proof of all Directors (Driving License/Passport/Voter ID)
  • Self Attested Residential Address Proof of all the Directors (Electricity Bill/Latest Bank Statement/Mobile Bill) (not older than 2 months)
  • Electricity Bill/Telephone bill (Landline)/Water bill/ Gas bill of the Registered Office (not older than 2 months)
  • Address Proof Of Registered Office (Rent Agreement/Lease Deed/Sale deed)
  • Signed DSC Form
  • Affidavit & declaration by Subscribers
  • Consent of Directors

 

About EbizFiling.com :

 

EbizFiling.com is a motivated and progressive concept conceived by like-minded people, which helps small, medium and large businesses to fulfill all compliance requirements of Indian Laws.

 

Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.

About Ebizfiling -

EbizFiling is a concept that emerged with the progressive and intellectual mindset of like-minded people. It aims at delivering the end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad in all the best possible ways.
 
To know more about our services and for a free consultation, get in touch with our team on  info@ebizfiling.com or call 9643203209.
 
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Author: ishita

Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

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