Private Limited Company


Simple Company Registration Process. Registration of Private limited company is the most popular amongst small, medium and large enterprises in India due to various advantages. Registration SEVA offers company registration from Rs.14500/-

₹14,500.00

SKU: 1 Category:

Product Description

About Private Limited Company

Private Limited Companies are those companies where minimum two members are required and the limit maximum number members is two hundred. The minimum two directors are required and the maximum number of directors shall have to be mentioned in the Company’s Articles of Association. A Private Limited Company with the limited liability of members has different characteristics as compare to a partnership firm. A Private Limited Company has all the advantages of partnership namely flexibility, large capital contribution and combination of different and diversified abilities, etc., and at the same time it has features of limited liability, greater stability and legal entity.

In this sense, A Private Limited Company is identified by the company name, Corporate Identification Number, number of members, shares, formation, management, directors and meetings, etc.

Registration Process

DIN & DSC
1 to 2 Days
Drafting MOA & AOA
2 to 4 Days
Submission of forms to MCA
4 to 5 Days
Certificate Of Incorporation
6 to 10 Days

 Advantages of Private Limited

Simple Registration Process.

Private Limited Company can be registered by two or more persons, by complying with the prescribed limited formalities of the Companies Act, 2013.

         Limited Liability

Limited liability is the greatest benefit of Private Limited Company. If any legal liability arise then neither it’s member nor it’s director’s personally affected; Liability of the members are only for the unpaid amount on shares held by them and not more than that. Shareholders are not liable for Company’s debts and liabilities.

Separate Legal Entity

One of the best advantage of a Private Limited Company is that it is distinct from that of its members. A company is a separate entity having its own rights & Obligations.

Perpetual Succession

A company with ‘perpetual succession’, has continued or uninterrupted existence until it is legally shut down. Company, being a separate legal entity, is not affected by the death of any member or transferable of shares but continues to be in existence.

Funding Capacity

Venture capitalists or Angel Investor’s prefer Private Limited Companies for Investment or funding. It is very easy to issue equity shares and get Investement.

Easy Transferability

Shares of a Private Limited Company are easily transferable by a member to any other person. No more complicated formalities are there.

Owning Property

A company being a separate legal person, can purchase, own, enjoy and alienate or sale, property in its own name. No member or shareholder can make any claim upon the property of the company so long as the company is a going concern.

Minimum Compliance

A Private Limited Company is required to do lesser legal formalities as compared to a Public Limited Company. It gets special exemptions and privileges under the company act, 2013. Therefore, in Private Limited Company, less number of compliance are required.

Frequently Asked Questions (FAQs)

0.1 What is Private Limited Company ?

Private Limited Companies are those companies where minimum two members are required and the limit maximum number members is two hundred. The minimum two directors are required and the maximum number of directors shall have to be mentioned in the Company’s Articles of Association. A Private Limited Company with the limited liability of members has different characteristics as compare to a partnership firm. A Private Limited Company has all the advantages of partnership namely flexibility, large capital contribution and combination of different and diversified abilities, etc., and at the same time it has features of limited liability, greater stability and legal entity.

In this sense, A Private Limited Company is identified by the company name, Corporate Identification Number, number of members, shares, formation, management, directors and meetings, etc.,

0.2 How many Shareholders are required to Register a Private Limited Company?

Minimum of two shareholders required to register a Private Limited Company and the number can extend maximum upto two hundred beyond which is not allowed.

0.3 How many Directors are required in Private Limited Company?

Minimum of two directors are required to register a Private Limited Company and the maximum number cannot exceed beyond fifteen.

0.4 How much money do I need to start a Private Limited Company?

In case of Private Limited Company, No minimum capital required.

0.5 List of Documents Required to Process

Documents Requirement

For Directors And Shareholders (In Scan only) :

1. PAN Card
2. Identity Proof – Anyone (Election ID/Passport/Driving License/Aadhar Card)
3. Photographs
4. Address Proof – Anyone and Latest by One Month (Bank Statement/Mobile Bill/Telephone Bill/Electricity Bill)

NOTE: AADHAR CARD/DL/PASSPORT/VOTER-ID WILL NOT BE ACCEPTED AS ADDRESS PROOF.

For Registered Office (In Scan only) :

In case the premises are Rented
Rent agreement

In case the premises are Owned by any Director or any Relative
Registry Proof or House tax receipts + Latest Electricity bill + NOC from the Owner on the name of any Director

0.6 Information Required?

Information Required (Only information NO Documents Required):

1. Education Qualification of all the persons Involved
2. Any Landline number
3. Place of birth of all the persons
4. Mobile Numbers of Directors
5. Email IDs of Directors

Company related Information:

1. State in which company will be registered
2. Complete Registered office address along with PIN Code
3. Proposed business of the company in brief
4. Proposed Name of the company
Name should be like thisFirst Name – To be unique eg. XYZ
Second Part – Activity Word eg. If Technology Company then Technologies, tecnosoft are the activity Words

Complete Should be Like this:

XYZ Technologies Private Limited
XYZ Technosoft Private Limited

Brief Significance of Prefix used in Company Name.