Private Limited Company
Private Limited Companies are those types of companies where minimum number of members is 2 and maximum number is 200. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company.
Advantages:
- Easy to get investments and VC funds
- Most credible
- Preferred by investors
- Ideal for IT startups and other growing businesses
Minimum requirements:
- 2 directors
- 100000 share capital (all the shareholders in together have to deposit this amount in company account within 2 months of incorporation)
Time Taken: 5 to 7 Working Days
Fees:
Capital | < Rs. 5 lakhs | Rs. 5 – 9 lakhs | Rs. 10 – 14 lakhs | > Rs. 15 lakhs |
---|---|---|---|---|
Government Fees (including DIN and DSC) | Rs. 7000 | Rs. 8000 | Rs. 11000 | Rs. 30000 |
Professional Fees | Rs. 2999 | Rs. 4999 | Rs. 6999 | Rs. 8999 |
Total | Rs. 9999 | Rs. 12999 | Rs. 17999 | Rs. 38999 |
*For every additional director (2+) the charges will increase by Rs 2,000.
*If you are registering a company in Madhya Pradesh or Kerala or Punjab, the charges will increase by Rs 2000 to Rs 5000.
NOTE: We can incorporate a Private Limited Company in 5-7 working days. The time taken for registration will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process.
Registration Process:
- Digital Signature and DIN Application
- Select Company Name and Objects
- Forms Preparation & Filing
- Company Incorporation
Required Documents:
Directors:
- PAN Card
- Address proof
- Photo
Office:
- Office Address Proof
You will get:
- DSC for 2 directors
- DIN for 2 directors
- 1 Copy of MOA and AOA
- Company Incorporation Certificate
- PAN
- TAN
- Commencement Certificate
FAQs :
1. What is the minimum number of shareholders in a private limited company?
Two. They could be individuals or legal entities.