Private Limited Company Registration India

For a growing business, funding is very important, The Banks, Financial Institutions, and Angel Investors Invest mostly in a Company form of business. We at MYDBIZ offer Private Limited Company Registration at Rs 7,900/- all-inclusive.

Private Limited Companies are the most popular corporate legal entities in India. The private limited company registrations in India are governed by the Ministry of Corporate Affairs. 

Requirements For Incorporating a Private Limited Company:

A minimum of two persons are required to act as Directors and shareholders for incorporating a Private Limited Company. A corporate entity or a natural person can be the shareholder of a private limited company. Director can only be a living person with one Director being a resident and Indian Citizen.

There is no restriction on foreign companies or foreign nationals being Directors or shareholders of a private limited company. As, foreign corporate entities, foreign nationals or NRIs are allowed to be Directors and Shareholders of a Company with Foreign Direct Investment. Hence, incorporating a company is the preferred choice of entry to India for foreign promoters.

Process of Private Limited Company Incorporation:

We offer end-to-end solutions for setting up your company. The process for incorporation of a Private Limited Company can be divided into four steps:

1. Obtaining Digital Signatures
2. Obtaining Name Approval
3. Incorporation Filing
4. Commencement of Business

Documents Required for Private Limited Company Incorporation:

1. PAN of the directors (For Indian Nationals)
2. Aadhaar card of the director (For Indian Nationals)
3. Passport copy of the director (For Foreign Nationals)
4. Recent 1-Month Bank Statement of the director
5. Recent utility bill for the registered office (Not older than 2 months)

Please Note:

• Digital Signatures (Class-3) will have a 2-year validity and come along with a secure USB token.
• A maximum of 4 names can be provided for Name Approval (RUN).
• Additional taxes are applicable for incorporation in Madhya Pradesh, Punjab & Kerala states.
• Additional directors (beyond 2 directors) can be added at a nominal charge of Rs 1,000/- all-inclusive (in case of having DIN & DSC); Rs 1,500 all-inclusive (in case of not having DIN) & Rs 2,000 all-inclusive (in case of not having both DIN & DSC).
• Complimentary Professional Tax (PT) Registration will be provided for companies incorporated in the state of Maharashtra.
• Additional authorized capital can be purchased at the time of company incorporation.

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MYDBIZ is the market leader in Private Limited Company registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete a Private Limited Company Registration is 8-10 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.

For more information, feel free to contact us at info@mydbiz.com or call us at +91 9632 993 993.