Private limited company is one of the highly recommended ways to start a business in India. This type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. Companies are incorporated and regulated under the Companies Act, 2013 and the Companies Incorporation Rules, 2014. We are here to help you with company registration across India at a very affordable price point.

To register a private limited company, a minimum of two persons to act as Directors and shareholders are required. The shareholders of a private limited company can be a corporate entity or a natural person. Director can only be a living person with one Director being a resident and Indian Citizen. A person is designated as a resident if he/she spends over 186 days in India.
There are no restrictions on foreign companies or foreign nationals being Directors or shareholders of a private limited company. As, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and Shareholders of a Company with Foreign Direct Investment, incorporating a company is the preferred choice of entry to India for foreign promoters.

The documents required for company registration can be grouped under three heads:

Documents for Directors: Two identity proof documents like Driver’s License Voter ID card, PAN, Passport, or government issued document are required for identity proof. Indian citizen are mandatory required to provide PAN. Foreigner citizen are mandatorily required to submit attested or passport copy.
Apart from Pan Card, the Directors must submit residence proof that is less than 2 months old. Residence Proof of documents includes bank statements, electricity bill, water bill, gas bill and telephone bill.
Documents for Registered Office: It is mandatory to maintain a registered office within India for Companies registration. In the case of leased property, we need to provide the lease deed for company registration along with a NOC from Landlord and any utility bills like EB bill property tax receipt/water bill copy of the registered office property. In case it is your own property, utility bills like water bill EB bill/property tax receipt/ of the registered office property.

We can incorporate a company in less than 7 days – rest is up to the Government processing times and availability. Once we collected the necessary information and documents copies, the process for company registration start with securing DSC for the Directors and Shareholders. Our Team will submit the DSC application and generate a link to complete video e-KYC verification. The client have to complete a short video and verify OTP. After approval of the application, the digital signature will be issued in 2-3 hr.
Our Team will also submit a name approval request to the MCA. It is required to suggest multiple options for the company name to ensure quick approval. The Government typically provides name approval within 24-48 hr.
After securing name approval, we will prepare all the required documents that need to be signed by the Directors and Shareholders. Once you have verified the documents and signed off, we will apply for incorporation with the MCA. The MCA will provide incorporation approval in about 48 – 72 hours. After incorporation approval is approved, the Government will issue the certificate of incorporation, PAN and TAN for the company and the TAN.

Once u received the Certificated of incorporation u can easily process the application of current account. It will take 2-3 days to open the current account and the bank kit will delivered to you.

All companies registered in India are required to maintain compliance. Failure to maintain compliance can lead to heavy penalty and even the disqualification of Directors. Our Team can help you with accounting and maintaining of compliances for the company at a very affordable price.
Some of the important compliances for companies registered in India include, but not limited to:

Appointment of Statutory Auditor: The Board of Directors must appoint a practicing C.A within 30 days of incorporation.

• Commencement of Business: Within 180 days of incorporation, the capital mentioned in the MOA must be deposited in a bank and commencement certificate must be obtained
• Income Tax Filing: Companies registered in India must file income tax return each year in Form ITR-6.
• Annual Return: Companies registered in India must file MCA annual return each year in Form AOC-4 and MGT-7.
• DIN KYC: DIN KYC DIR-3 must be completed each year for the Directors of the company.