Private Limited incorporation - Fiwin Legal Consultancy & Certification LLP

Pvt. Ltd. Company

Now apply for your Pvt. Ltd. Company from your place quickly and easily.

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    Private Limited Company

    Private Limited Company is the easiest and most authentic way of company incorporation in India. Most people choose this form of business because of its beneficial features like limited liability and separate legal entity for its shareholders and directors. More than 90% of registered companies in India are Private Limited Companies. It is the most popular form of company as it provides reputation and credibility to the business in the market. Get to know the process, fees, and requirements of Pvt. Ltd.

    What is a Private Limited Company?

    A private limited company is a type of business entity that a small group of people privately and collectively holds. It is incorporated under the Ministry of Corporate Affairs. This type of business entity offers limited liability for its shareholders, and shares can only be traded privately. It has a minimum of 2 members and a maximum of 200 members. Shareholders are considered as the owners of the company, whereas directors are considered to be the key managerial persons (KMP) of the company, while in an LLP, partners are the owners as well as KMPs of the company.

    Incorporating a Private Limited Company is the right choice, as it facilitates taxation benefits, credibility, business expansion, and quicker sanction of business loans. It promotes the easy way for capital formation and pooling of funds through members.

    Minimum requirements of Pvt Ltd Company

    1.svg
    Minimum 2 Directors
    2
    At least one director should be the resident of India
    3
    Unique business name
    4
    Registered office address
    Other Company Process in India
    Private Limited Company LLP Proprietorship
    Partnership NGO Nidhi Company
    Section 8 Company One Person Company Public Limited Company

    Documents Required for of Private Limited Company

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    Passport size photographs of the directors
    2
    Copy of Aadhar Card
    3
    Copy of Driving License or Voter ID
    4

    Copy of PAN Card

    5

    Copy of bank statement or utility bill (not older than two months)

    6

    Copy of Passport (in case of foreign national or NRI)

    7

    Copy of electricity or any other utility bill (not older than two months)

    8

    No Objection Certificate (NOC) from the owner of the property

    Documents you’ll get after company

    Post incorporation of private limited company, you’ll receive the following documents:

    F.A.Q.

    The registrar of companies (RoC) across India expect applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.

    If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

    No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

    All directors must provide identity and address proof, as well as a copy of the PAN card (for Indian nationals) and passport (for foreign nationals). No-objection certificate must be submitted by the owner of the registered office premises.

    Yes, a NRI or a foreign national can become a director of a private limited company. He or she must obtain a DIN from the Indian RoC. They can also hold a controlling stake in the company. As long as at least one director on the board of directors is an Indian resident.

    Yes, it is good to register a family member as a partner. At a later stage one can change this or transfer shares of the directors.