2 DIN, 2 DSC, MOA, AOA, Company Incorporation, Government Fees, Stamp Duty, PAN, TAN, Post Incorporation Support
* Prices are higher for Private Limited Company Registration in Kerala, Madhya Pradesh and Punjab on account of higher stamp duty.
Procedure for Forming a Company in India | Procedure for Forming a Private Limited Company in India | Procedure for Incorporating Company in India | How to Incorporate in India | How to start a company in India | Company Registration India | Company Registrations India | Online Company Registration India | How Do I Start a Business in India
The private limited company is the most successful business type in India. The business owners hold all shares of the company privately. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. Forming a private limited company results in protection of personal assets, access to more resources, financial assistance and greater tax cuts.
Private limited Company Registration usually takes 15-20 days.
A Private Limited Company is a blend of corporate form of business structure and partnership. The most attractive feature of a Private Limited Company is the Limited Liability of its members. It has the flexibility of a partnership firm and the advantages of a Company such as greater stability, better creditworthiness and separate legal entity. Private Limited Companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to partnerships as it is easy to raise capital from financial institutions due to its higher stability and reliability.
It usually takes 15-20 days to register a Private Limited Company through SPICe INC-32 (A single application for Reservation of Name, Incorporation of Company and Allotment of DIN), subject to ROC processing time. VenturEasy makes Private Limited Company Registration easy for you.
1-3 working days
7-9 working days
1-3 working days
| Factors of Comparison | Private Limited Company | One Person Company | Limited Liability Partnership |
|---|---|---|---|
| Minimum Requirement | Members – 2 Directors – 2 |
Member – 1 Director – 1 Nominee of Sole Member – 1 |
Designated Partners – 2 |
| Minimum Capital | No minimum requirement | No minimum requirement | No minimum requirement |
| Regulator | Registrar of Companies | Registrar of Companies | Registrar of Companies |
| Compliance Requirements | Annual Return Filing Board Meetings & General Meetings |
Annual Return Filing No Board Meetings, if only one director No General Meetings |
Annual Return Filing |
| Taxation | Taxed at 30% | Taxed at 30% | Taxed at 30% |
| Credibility | High | Medium | Medium |
| Investor Preference | High | Low | Medium |
| Statutory Audit | Compulsory | Compulsory | If Contribution > Rs 25lacs or, Turnover > Rs. 40lacs |
| Conversion | Can be converted into LLP | Cannot be converted before 2 years | Cannot be directly converted into a Private Limited Company |
| Time Taken for Registration | 15 – 20 Days | 10 – 15 Days | 15 – 20 Days |
| Procedure | Obtain DSC (Digital Signature Certificate) MoA & AoA, INC-32 Incorporation Filing PAN, TAN Applications |
Obtain DSC (Digital Signature Certificate) MoA & AoA, INC-32 Incorporation Filing PAN, TAN Applications |
Obtain DSC (Digital Signature Certificate) Obtain DPIN (Designated Partner Identification Number) Name Approval Filing for Incorporation File LLP Agreement PAN, TAN Applications |
If someone would have said that I would be working with a company which is 2200 kms away to register and audit my company , I would have just laughed it off. It started with private limited company registration and now they are taking care of the entire compliance process. The whole process is streamlined and professional.
I know nothing about company procedures as we are a startup and VenturEasy assured we can work on our business while they would take care of everything else. Would definitely recommend them.
I feel working with VenturEasy was a seamless process for me as they took care of the entire documentation process without me having to look into it at all. This was important as I could still focus on my core business development activities and rest assured that the incorporation process is also been taken care of.
Please go ahead without any hesitation to work with VenturEasy as you are in safe hands. A very professional and dedicated team is supporting you and they are flexible too.