Documents Required

Private Limited Company is registered under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA) with its extended hand called Registrar of Companies of the respective states where the company will have its registered office address.

To register your start-up as Private Limited Company, there are certain set of documents required to begin with the registration procedure of Private Limited Company under the regime of Central Registration Centre (MCA).

You will be glad to know that most of the documents which are filed with the Department are drafted by us for your convenience. List of documents required from your end:

1. Identity Proof

Identity Proof is required for all the proposed shareholders and directors. Identity Proof will be PAN Card copy in case of Indian Nationals and apostilled/ notarized copy of Passport for Foreign Nationals. All Documents must be self-attested.

2. Address Proof

Two Address Proofs are required for proposed shareholders and directors. One is Driving License/ Passport/ Voter ID and Second is Bank Statement/ Electricity Bill/ Mobile Bill/ Telephone Bill.

3. Contact Details

Mobile Number and E-mail ID are required for all the proposed directors. It is to be noted that the Mobile Number and E-mail ID to be provided shall belong to the directors only and not of any professional or closed relatives too. Further, one email address of Company is also required.

4. Educational Qualification

Educational Qualification of the proposed directors is to be provided. It is not required to provide the proof for the educational qualification. The CRC (MCA) does not ask for its copies to be attached with the incorporation documents.

5. Registered Office

A recent copy of the Electricity bill/ Gas bill/ Mobile/ Telephone bill is required. A rental agreement or lease/sale deed along with NOC from the landlord with his/her consent to use the office as a registered office is also required. Rent Agreement would not be required if the place is in the name of any of the directors.

6. Draft Documents for SPICE+

Finally, based on the above documents provided we prepare the drafts documents as per the company law which are required to be submitted to CRC (MCA). At CCL, we make it simple with our experience and knowledge of regular Company Registration for you. You are not required to visit any place and we will complete the company registration procedure at the comfort of your home as the process is completely online.

Note: In addition to the above documents, you need to share with us the desirable company name and we will check its availability. Scope of the company, proposed share capital, place of business, profit sharing ratio are some of the basic information we do require from your end.

Legal Procedure

The company registration is a legal process requiring knowledge of company law as well as attestation service by a Professional who must be either Company Secretary or Chartered Accountant or Cost Accountant. It is always prudent to consult a professional than a consultant in the company registration journey to make it seamless with zero apprehension of wrong submission of documents and declaration. At Compliance Calendar LLP, we have dedicated team for registration of companies anywhere in India. Recently, the MCA changed the Incorporation procedure to include DIN allotment, Issuance of PAN, TAN, GST, EPFO, ESIC, Profession Tax (only in Maharashtra) and Opening of Bank Account. The registration is done through Spice+ which has basically two parts:

Part A:

Name Reservation (Applicable to New Companies only)

Part B:

• Company Incorporation
• Application for DIN
• PAN Application
• TAN Application
• GSTIN Application
• EPFO Registration
• ESIC Registration
• Opening of Bank Account for the Company
• Profession Tax Registration (For Certain States)

Book a free consultation with Company Registration Professional at Compliance Calendar LLP today and do not let your dreams of becoming an entrepreneur take halt in the way to success.

Features & Benefits

Limited Liability

One of the best features of Private Limited Company registration is that the liability of the person who invests money into the business (also known as shareholders) will be limited to the amount invested by them which also means that personal property of the promoters will remain safe and secure. This limited liability builds confidence of young entrepreneurs to fulfil their dream of having their own Company.

Separate Legal Entity

The separate legal entity feature gives your company to keep yourself and the company at length recognizing its own separate identity. In the eyes of law, Company and its Representatives are different personalities and Company can sue and be sued on its own name without the name of its shareholders or directors.

Perpetual Succession

This is what makes the registered company different from proprietorship or partnership firms where on the death of proprietor/ partners, the firm ceases to exist but in case of registered company, even the death of all directors/shareholders cannot stop the company to exist.

Easy exit and transferability

During the lifetime of the Company, if all or any of the shareholders wish to exit from the company, they can do so by simply transferring their shares. It is very easy to transfer shares to other person by way of share transfer arrangements. This gives shareholders the freedom to take informed decision whether to continue or not at any given point of time.

Owning Property

Company being a legal person can own property on its own name through its Legal Representative. The Property includes Intellectual Property (IPR) such as Trademark, Copyright, Patent and Design too. Company can also mortgage property the same way as a natural person to banks or any other financial institution.

Borrowing Capacity

Company being a Legal Person, when there comes a requirement to borrow capital or funds, it can be done through various modes of borrowing. Some of them could be Private Equity/ Angel Investor/ Venture Capitalist/ Short-term capital from Directors or their Relatives and Debts through Banks or FIIs.

Investment Ready

Any Investor who is looking to make investment generally prefers Private Limited Company than any other business structure. This is what makes a Private Limited Company investment ready. A Company can also get itself registered under DPIIT (Earlier DIPP) Scheme of Start-up India under Ministry of Commerce & Industry, Govt. of India to enjoy numerous benefits which the Indian Govt comes up time to time.