{"id":29,"date":"2015-12-01T06:12:28","date_gmt":"2015-12-01T06:12:28","guid":{"rendered":"http:\/\/ventureasy.com\/blog\/?p=29"},"modified":"2023-10-13T07:23:41","modified_gmt":"2023-10-13T07:23:41","slug":"register-a-private-limited-company-in-india","status":"publish","type":"post","link":"https:\/\/ventureasy.com\/blog\/register-a-private-limited-company-in-india\/","title":{"rendered":"How to Register a Private Limited Company in India?"},"content":{"rendered":"\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Procedure for Forming a Company in India | Procedure for Forming a Private Limited Company in India | Procedure for Incorporating Company in India | HOW TO REGISTER A PRIVATE LIMITED COMPANY IN INDIA | How to Incorporate in India | How to start a company in India | Type of Companies in India | Company Registration India | Business Entities in India | Company Registrations India | Online Company Registration India | How Do I Start a Business in India<\/h5>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h2>Five Steps: How to Register a Private Limited Company in India?<\/h2>\r\n<p>The private limited company is the most successful business type in India. Private Limited Companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to other forms of business due to the advantages of high credit worthiness, greater stability and separate legal entity.<\/p>\r\n\r\n\r\n\r\n<p><!--more--><\/p>\r\n\r\n\r\n<p><iframe loading=\"lazy\" title=\"How to Register a Company  | Company Registration | Private Limited Company Registration\" width=\"525\" height=\"295\" src=\"https:\/\/www.youtube.com\/embed\/pPfzb4dAjVw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n\r\n\r\n\r\n<p>In this article, we have elaborated the Five Steps for how to Register a Private Limited Company in India by following the fast track method.<\/p>\r\n\r\n\r\n\r\n<h2><strong>Minimum Requirements for a Private Limited Company:<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>2 Directors<\/p>\r\n\r\n\r\n\r\n<p>2 Shareholders (shareholders can be same as directors)<\/p>\r\n\r\n\r\n\r\n<p><strong>Checklist for Incorporation:<\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>Required from Client<\/strong><\/td>\r\n<td><strong>Prepared and Delivered by VenturEasy<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><em>For Directors\/Shareholders:<\/em>\r\n<p>&nbsp;<\/p>\r\n<p>\u2022 One photograph<\/p>\r\n<p>\u2022 Copy of PAN Card<\/p>\r\n<p>\u2022 Copy of any address proof (Aadhaar Card, Driving License, Passport)<\/p>\r\n<p>\u2022 Copy of Bank Statement or Mobile Bill<\/p>\r\n<p><em>For Company:<\/em><\/p>\r\n<p>\u2022 Proof of Registered Address \u2013 Sale Deed, Rental Agreement etc<\/p>\r\n<p>\u2022 Copy of any utility bill (Electricity, Telephone, Gas Bill) not older than two months.<\/p>\r\n<\/td>\r\n<td>\u2022 DSC Application\r\n<p>&nbsp;<\/p>\r\n<p>\u2022 DIN Application<\/p>\r\n<p>\u2022 Memorandum and Articles of Association<\/p>\r\n<p>\u2022 Affidavits and Declaration by Directors\/Shareholders<\/p>\r\n<p>\u2022 No Objection Certificate for use of premises, if required<\/p>\r\n<p>\u2022 Incorporation Forms<\/p>\r\n<p>\u2022 Booklet containing the Memorandum, Articles and the Certificate of Incorporation (after the Company is formed).<\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n<p><strong>Step 1: Apply for Director\u2019s Digital Signature Certificate:<\/strong> Digital Signature is<\/p>\r\n\r\n\r\n\r\n<p>for using the signature in an electronic format and is required for filing the incorporation applications with the Registrar of Companies (RoC). A self-attested copy of the proof of identity and proof of address along with the DSC application form is sufficient to obtain the Digital Signature.<\/p>\r\n\r\n\r\n\r\n<p>It takes around 1-2 days to get the DSC. The Form INC-29 requires the signature of any one director. Hence, it is sufficient, if only one director obtains the DSC.<\/p>\r\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1194\" src=\"https:\/\/ventureasy.com\/blog\/wp-content\/uploads\/2015\/12\/private-limited-company-registration-complete-process.png\" alt=\"how to Register a Private Limited Company in India\" width=\"525\" height=\"482\" \/><\/p>\r\n\r\n\r\n\r\n<p><strong>Step 2: Apply for DIN of one Director:<\/strong> Director\u2019s Identification Number (DIN) is the unique identification number allotted by the <a href=\"https:\/\/www.mca.gov.in\/MinistryV2\/incorporation_company.html\">Ministry of Corporate Affairs<\/a> to a person who intends to become a director of any company. The same number is applicable for all the companies in which a person is or intends to be a director. The proof of identity and address of the proposed director along with an affidavit in Form DIR-3 is required for making the DIN application.<\/p>\r\n\r\n\r\n\r\n<p>It takes around 1-2 days to obtain the DIN. Form INC-29 requires the DIN of any one director. There is no need to apply for the DIN of the other directors beforehand.<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 3: Choosing a Company Name and Address:<\/strong><\/p>\r\n\r\n\r\n\r\n<p><em>Choosing a Company Name: <\/em>It is the most tedious task. Certain important points should be kept in mind for choosing an appropriate company name.<\/p>\r\n\r\n\r\n\r\n<p>\u2022 Make sure that the Company name is unique and does not resemble the name of any other existing Company or LLP.<\/p>\r\n\r\n\r\n\r\n<p>\u2022 It is easier to obtain a name if it depicts the objects of your company.<\/p>\r\n\r\n\r\n\r\n<p>\u2022 In case of Technology based companies, use of a word which describes your electronic mode of operations is necessary. For eg: Technologies, InfoTech, e-solutions etc.<\/p>\r\n\r\n\r\n\r\n<p>\u2022 The name should not include any word which is a registered trademark or has been applied for Trademark registration. Form INC-29 provides only one option for filling the Company Name. Hence, the name should be chosen carefully before moving ahead.<\/p>\r\n\r\n\r\n\r\n<p><em>Choosing a Company Address:<\/em> You can use any premises as the registered office of your company. There is no restriction on using a residential address as a registered office.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<p>A registered office primarily acts a place where all the correspondences relating to your company shall be communicated. The books of accounts of the company should also be kept at the registered office of the company. The following documents should be available at your end for the said premises:<\/p>\r\n\r\n\r\n\r\n<p>\u2022 Address Proof of Proposed Place of Business such as Sale Deed or Rental Agreement of Registered Office<\/p>\r\n\r\n\r\n\r\n<p>\u2022 Utility Bill (Electricity, Telephone, Gas Bill etc) in the name of the premises &#8211; not older than 2 months<\/p>\r\n\r\n\r\n\r\n<p>\u2022 No Objection Certificate (NOC) for use of premises as Registered Office, if owned by a person\/entity, other than the directors. In case you do not fix any premises as a registered office at the time of incorporation, you may update your company address later within a period of 30 days from the date of incorporation by filing relevant form and the corresponding address proofs, as mentioned above.<\/p>\r\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1193\" src=\"https:\/\/ventureasy.com\/blog\/wp-content\/uploads\/2015\/12\/know-the-benefits-of-registered-as-private-limited-companies-by-ventureasy.png\" alt=\"private limited company registration complete  process\" width=\"536\" height=\"536\" \/><\/p>\r\n\r\n\r\n\r\n<p><strong>Step 4: Preparation of the Memorandum and Articles of Association:<\/strong><\/p>\r\n\r\n\r\n\r\n<p>The Memorandum and Articles of Association form the constitution of the Company. The Memorandum of Association is the primary document which contains clauses relating to the Main objects, location of registered office and the capital of the Company.<\/p>\r\n\r\n\r\n\r\n<p>The Articles of Association contain the broad guidelines, within the framework of law, to which the company is bound at all times. Both these documents should be prepared carefully, taking legal help so that it is accurate from all perspectives.<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 5. Filing Form INC-29:<\/strong> After all the above steps are completed, the single Form INC-29 is filled and submitted along with necessary attachments. This is the final step towards <a href=\"https:\/\/ventureasy.com\/Private-Limited-Company-Registration-Non-Resident\">Company Registration<\/a>.<\/p>\r\n\r\n\r\n\r\n<p>The form has to be digitally signed by one director of the Company and a practicing professional (such as a CA, CS or CWA). Once the form is submitted to the RoC, it scrutinizes the same and provides intimation usually within 2-5 working days. However, the approval is completely subject to the RoC processing time.<\/p>\r\n<p>After reading this article, we hope you now understand how to register a private limited company in India.<\/p>\r\n\r\n\r\n\r\n<p>If you would like to start a private limited company, please send an email to <a class=\"pink\" href=\"mailto:hello@ventureasy.com\">hello@ventureasy.com<\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Procedure for Forming a Company in India | Procedure for Forming a Private Limited Company in India | Procedure for Incorporating Company in India | HOW TO REGISTER A PRIVATE LIMITED COMPANY IN INDIA | How to Incorporate in India | How to start a company in India | Type of Companies in India | &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/ventureasy.com\/blog\/register-a-private-limited-company-in-india\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to Register a Private Limited Company in India?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,12],"tags":[],"class_list":["post-29","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-registration","category-private-limited-company"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>How to Register Private Limited Company in India<\/title>\r\n<meta name=\"description\" content=\"How to Register Private Limited Company in India\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/ventureasy.com\/blog\/register-a-private-limited-company-in-india\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" 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