Business incorporation consulting-How to Register A Private Limited Company in India
Are you Looking to register a private limited company in India, this guide will help you in understanding the process, fees and documents required to get your Pvt ltd company registered in India.
To start doing business in India, you must have to have a legal identity or a registered company. There are various types of company you can register in India but private limited is most common and mostly used. We are trying to help you in understanding on: –
- How to register a private limited company in India.
- Documents required for a private limited company.
- Details on time, process, fees, rules and other information.
The Complete Process for Registering private Limited company in India
With the ease of doing business, the process of company incorporation has been made very easy it’s all online and just takes seven days for company incorporation nowadays.
So how the process works:
First, you must apply for the digital signatures of the directors.
Then you will apply for director identification number commonly known as DIN number once we get the din number we have to apply for the approval of the name of the company.
There are certain guidelines which govern the name of the company, so the name of the company should not resemble any of the existing companies or LLP and there should not be any registered trademark in the name of the company.
Once the name is approved we must prepare the memorandum of Association and article of Association memorandum of Association basically tells us about the objects of the company what the activities the company will do, and article of Association tells us about the provisions of the governance of the company.
Once all these documents are ready we must file the forms for company formation after which we get the certificate of incorporation once you get the certificate of incorporation we get the pan number along with it and we can open the bank account and board the flight of an entrepreneurship.
What are the documents required for company formation?
So, one is the photograph of the directors, second is the pan card of the directors then we need the address proof in the form of a bank statement having few transactions or a utility bill in the name of the directors.
Then we need an identity proof that can be a voter ID card add our card or passport of Directors apart from this we also need a utility bill of the registered address of the company that can be an electricity bill and a no-objection certificate from the owner of the company.
With these simple steps, we can form a company.
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