A private limited company is a type of business entity held privately, ideal for small businesses. It limits the owner's liability to their shareholdings, caps the number of shareholders at 200, and prohibits the public trading of shares.
1) Limited Risk to Personal Assets: The shareholders have limited liability, responsible only up to the extent of their contributions.
2) Legal Entity: The company has its own legal identity, separate from directors and shareholders, handling its assets, liabilities, and management independently.
3) Raising Capital: Although it has compliance requirements, its structure is conducive to raising funds through equity while limiting liability.
4) Trustworthiness: Registered under the Companies Act 2013 with the ROC, its details are verifiable through the Ministry of Corporate Affairs (MCA) portal.
5) Continued Existence: Known for its perpetual succession, the company remains unaffected by the death or cessation of its members.
1) Share Documents
Our experts will call you and get a free consultation on the name of the company, capital contribution by the shareholders, and documentation required for new company registration.
2) Name Reservation
Our expert would make a name reservation with the authority so that the company name is reserved.
3) Apply for DSC
The next step is to apply for a digital signature Certificate. It is used to digitally sign the e-forms.
4) Filing of Incorporation e-form
Our expert will file the incorporation e-form which is the final step in getting your Company Registration.
5) Certificate of Incorporation
After processing the application by the department the certificate of incorporation is issued by the authority.
6) Ready to Work!
Once the certificate of incorporation is received, you are ready to work and take your business to great heights of excellence!
1) Obtain a Digital Signature Certificate (DSC): Essential for filing forms online.
2) Apply for Director Identification Number (DIN): Mandatory for directors.
3) Name Availability: Check and reserve the company name through SPICe+ Form.
4) Form SPICe+ INC-32: Submit the online form for company incorporation.
5) e-MOA (INC-33) and e-AOA (INC-34): File the electronic Memorandum and Articles of Association.
6) PAN and TAN Application: Processed simultaneously with the SPICe+ form submission.
With ValuExpert, the registration process is streamlined into 4 simple steps:
1) Purchase the Plan: Choose the Private Limited Company (PLC) Registration plan.
2) Upload Documents: Provide necessary documents like passport photos, address proof, and ID proof of directors.
3) Document Verification and Signature: Experts from ValuExpert will verify documents and coordinate the signing process.
4) Filing with MCA: Forms are filed on the MCA portal, followed by verification by the ROC, leading to the issuance of the Incorporation Certificate.