One of the most suggested ways to establish a business in India is to form a private limited company. With specific constraints on ownership, this sort of organization provides limited responsibility for its stockholders. An LLP is run by partners who own and control the company. In the case of a private limited business, directors may be distinct from shareholders.
Nurture Labz is your Lean Startup Assistant and the best online private limited company registration, with over 1000 business incorporations under its belt. Bring us your concept, and we will help you start and expand your business! Our Lean Start Ecosystem provides a quick and customized business solution to meet your demands. In India, we provide complete company registration services. This is your trustworthy legal counsel, and they provide a low-cost business registration service in India. You may discover how to register your company here. We handle all legal paperwork and comply with all Ministry of Corporate Affairs requirements. Following the completion of the business registration procedure, you will be issued a Certificate of Incorporation (CoI), as well as a PAN and TAN. You may now create a current bank account and start your business. They provide the best services to register private limited company online.
There are several advantages to forming a corporation. A registered corporation adds legitimacy to your firm. It benefits your company by:
- Personal responsibility is protected, similar to other risks and damages.
- Increase your consumer base.
- Obtain bank credits and good investments from reputable investors with ease
- Provides liability protection to safeguard your company’s assets.
- Increased capital contribution and stability
- Large-scale growth and expansion possibility increases
THINGS TO KEEP IN MIND WHILE REGISTERING A COMPANY
We must ensure that the checklist criteria are completed, as outlined by the Companies Act 2013.
- There are two directors:
A private limited business must have at least two directors and no more than fifteen. At least one of the company’s directors must be an Indian national.
- Spectacular Name
Your company’s name should be one-of-a-kind. The proposed name should not be similar to any existing companies or trademarks in India.
- Capital Contribution Requirement:
There is no such thing as a minimum capital amount for a business. A firm must have at least one lakh in authorised capital.
- Registered Address:
A company’s registered office does not have to be a commercial facility. A rental property might also serve as the registered office if a NOC is acquired from the landlord.
DOCUMENTS NEEDED
Private limited business registration in India is not possible without sufficient identification and address evidence. The MCA accepts the following papers for the online company registration process:
Identity and Address Proof
- Scanned copy of PAN card or passport (foreign nationals & NRIs)
- Scanned copy of voter ID/passport/driving licence
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
- Scanned passport-sized photograph specimen signature (blank document with signature [directors only])
Registered Office Proof
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
- Scanned copy of notarized rental agreement in English
- Scanned copy of no-objection certificate from the property owner
- Scanned copy of sale deed/property deed in English (in case of owned property)
