Finsure Consultants - Private Limited Company Registration

Now a days around India, Private Limited Company registration has become popular and the most effective way to start your business. As per the current scenario creation of a company is quite simple and also it can be started with a minimum of 2 directors and 2 shareholders. It is important to keep in mind during the process of company registration that the shareholders and directors can be the similar person. Any individual with an age of 18 years old can become eligible to form a company and become a director of the same Private Limited Company. This corporate entity provides much more benefits like limited liability, credibility, and various tax benefits.

Today your dream of starting your own company is not far. Understand the registration process, and documents required to get started. It’s quite simple and quick process to get registered. You can understand the process from the following workflow:

Once the process of registration of the company is complete, you can now start the process to open a Current Bank Account at any of your nearest and suitable banks by submitting current bank account opening forms provide by your bank with the attachment of a copy of your Company Incorporation Certificate, Company MOA, Company AOA, Company PAN, Director’s KYC and a Board Resolution containing of opening a bank current account. This entire process of the registration of a Private Limited Company is so easy and so simple with us by making three steps as 1, 2, 3. Fill out the Enquire Now form below to get the process completed as early as smooth. Still, if you have any doubts in your mind you can get a free consultation with our team of expertise regarding its entire process and fees.

After completing the entire process of registration of a private limited company you have some compliances that need to be taken care of within a 180 days period. Those compliances are set by the MCA department in order to fulfill the companies that really want to work and grow their business. In case of non- compliance, some penalty can also be levied. but don’t worry. Sit and relax because our team of expertise have with you. By registering your company through us we will grow a relationship and it is out commitment and liability to take care of such compliance formalities of your company so that you can focus only on your business and company’s growth not on compliances of your Private Limited Company. Our team of highly experienced expertise in different fields will guide you through each and entire process steps.

You don’t need to do anything or don’t need to anywhere just fill out the form to get in touch with our team of expertise and get started with the process of registratering your desired Private Limited Company.

Now, let us look at the Benefits which you will get if you create and run a Private Limited Company in India.

There are several features and benefits given to the Private Limited Company Registration by the Central Government under the initiatives launched in the name of “Make in India” and “Start-up India”. Currently under the initiatives a quick, smooth and easy process taken by the government in the process of Private Limited Company Registration and it is based on 100% online, it is reduced the formalities and specially in the case of timing, it is quite impressive than the older methods.

Here are some basic and amazing features and benefits given currently to the Private Limited Company in India that you needs to know :

PAN Card or Passport (Foreign Nationals & NRIs)
Copy of Aadhaar Card/ Voter’s ID/ Passport/ Driving License
Passport-sized Photograph
Mobile Numbers and Email Ids of all parties.
Latest bank statement (2 months)/ telephone or mobile bill/ electricity or gas bill
Electricity Bill for Registered Office.

Do we need your Physical presence during Online Company Registration Process?

The entire process is completed online, so you don't have to be present at any particular place for registration. A scanned copy of the documents must be submitted via mail. At the business address, they receive the company incorporation certificate from the MCA.

2. What is Digital Signature Certificate (DSC)?

Digital Signature Certificate (DSC) is a legally recognized method of signing documents electronically. A digital signature is a type of asymmetric cryptography used to simulate the security properties of a handwritten signature on paper. Digital signature schemes normally give two algorithms, one for signing that involves the user's secret or private key, and one for verifying signatures that involves the user's public key. The output of the signature process is called digital signature. Digital signature certificates are used by programs on the Internet and local machines to confirm the identity of a third party. Digital signatures have often confused with scanned copies of a physical written signature, which do not have any legal backing for authentication of electronic documents.

3. What is Memorandum of Association (MOA)?

A Memorandum of Association (MOA) is the charter document of a company. A company is created by registering a memorandum.MOA contains the name of a company, the state in which the registered office of the company is located, objectives, and its authorised share capital. The MOA has to be executed by the initial promoters of the company. The subscription to MOA should also require to be witnessed. The details of subscribers to the MOA cannot be amended or changed at any point of time during the life of the company, as it constitutes the document giving birth to a company. Subsequent changes in the shareholding or directorship of the company should be reflected in its internal records and will not affect the subscriber details in the MOA.

4. What is Articles of Association (AOA)?

Articles of Association (AOA) are the bylaws of a company and can be filed along with the incorporation document. AOA contains rules and regulations for the management of a company’s internal affairs and conduct of its business. It defines the relationship of the company between its members and directors and the relationship between members and directors. It also describes the powers of directors. Further, the AOA describes the rights and duties of its members as well as the duties and responsibilities of its directors. In the case of a private limited company, the AOA will contain restrictions on the transfer of shares, if any. Also, AOA usually contains the names of the first directors of a company. The AOA has to be executed by the initial promoters of the company. The subscription to AOA should also require to be witnessed. The details of subscribers to the AOA cannot be amended or changed at any point of time during the life of the company, as it constitutes the document giving birth to a company. Subsequent changes in the shareholding or directorship of the company should be reflected in its internal records and will not affect the subscriber details in the AOA.

5. What is Registered Office?

Registered Office refers to the official correspondence address of a company or its principal place of business. The address of the Registered Office will be used for all official communications of the company. The Registered Office of the company can be shifted from one place to another in the same state or from one state to another after complying with legal requirements. The company shall affix the name and address of its registered office outside every office or place of business in a prominent position. Also, the name and address of its registered office should be mentioned in its business letters, bills, and other official publications.

6. What is Authorised Capital?

Authorised Capital or Registered Capital of a company is the upper limit of capital that a company can issue shares and collect money from shareholders. The Company registration fee is payable to ROC and will be calculated on the basis of Authorised Capital. There is no minimum capital requirements for a private company. Authorised capital can be enhanced at any time by passing a resolution at a meeting of shareholders and the requisite fee for an increase of capital is to be paid to the Registrar of Companies.

7. What is Subscribed Capital?

Subscribed capital refers to the amount of capital agreed to be brought in by the shareholders to the company.

8. What is Paid up Capital?

Paid up capital of a company refers to the amount of capital actually brought in by the shareholders to the company.

9. What is the minimum capital required to register a company?

There is no minimum capital (Authorised or Paid up Capital) requirement for registering a company. However, the registration fee payable to the Registrar of companies depends on the different slabs of Authorised capital of the company.

10. What is Corporate Identification Number (CIN)?

CIN is the number allotted to a company registered in India by the Ministry of Corporate Affairs, Government of India. CIN is a 21-digit number that contains information such as Status (listed / unlisted), NIC code of business activity, State of registration, Year of registration, Private or Public, and the Registration Number in the respective state (for example, U-82345-WB-2021-PUC-031290)

The registration of a Private Limited Company in India generally takes up to 20-25 days but we do our best, as a result, your Online Company Registration can be completed within 7 working days. Let's look at how we do it…