Private Limited Company

PRIVATE LIMITED COMPANY

Private Limited Company is a closely held company whose shares of are not tradeable in the market. However, such shares can be issued, transferred or transmitted to the group of identified persons. It is most suitable form of company if funds are to be raised from family or friends.

Key Points

Digital Signature Certificates of shareholders/directors
Minimum 2 shareholders and 2 directors are required
Association can be of maximum 200 shareholders
Liability is limited to the extent of amount unpaid on the shares held
Personal assets cannot be attached, if defaulted
No minimum capital requirement

Requirements

Distinctive name for the proposed company (at least 2 names for reservation)
Summary of the objects of the company
Communication details of directors and subscribers-
• Mobile Number;

• Email-Id

Director and Subscriber Details-
• Personal;

• Occupational;

• Educational Details

Address of proposed Registered Office and its nearest police station
Total amount of authorized and subscribed share capital
Director Identification Number (DIN) of proposed directors, if any
Interest of Directors, if any-
• Details of entities where director has interest;

• Details of interest of director in such entity

Amount and number of shares subscribed by each shareholder
Proposed Bank Name
Corresponding address, if proposed registered office address is not final

Requisite Documents

Document supporting proposed name of the company, if any-
• NOC of Trademark or;

• Authorized letter of concerned entity

Proof of Identity and Residence (of directors and subscribers) (whatever available)-
• PAN Card;

• Passport or;

• Voter Id Card or;

• Driving License or;

• Utility Bills or;

• Aadhar Card

Proof of Office Address-
• Title Deeds; or

• Lease/ Rent Agreement and rent receipt; and

• Copy of any utility bill not older than 2 months

NOC from owner/landlord of office premises
Passport size photograph of proposed directors
If subscriber is a body corporate-
• CIN/Registration Number;

• Board/Authorization Letter;

• PAN of the entity

Note

Identity documents should be Self Attested.
Other requisite documents shall be drafted and finalized by our team for the process and will be requested for signing.
If no DIN, application shall be made for it.
We also provide services of Filing Income Tax Return and other related services for the company.

We also provide making and renewal of DSC services.
Further, details and documents, if any required, can be called for during the process.
We also provide Annual Filings of Private Company as a separate service.

Time Duration

After receipt of all documents and information and subject to the MCA (CRC or ROC) response, approx. 3-7 days is taken for incorporation of such company.