Introduction

Nowadays, Company registration is a big chunk for us because we are too busy with our daily life.

This is the era of new ideas. Many entrepreneurs and businessmen want to establish their startups. According to a National survey, 63% of entrepreneurs start their business at home.

So, you need an experienced and professional legal service provider and consultant. Filingbuzz gives you the best services for private limited company registration.

We are known for our legal services such as proprietorship registration, private limited company registration, etc

So, in this post, you find all your answers like documents required, the process of registration, and the cost to register this type of company.

I share with you a step-by-step process to register a Pvt. ltd company. Let's go into it,

What is a Private Limited Company?

As the name suggests, private means this type of company is only responsible for its shareholders, profits, and loss which prevents shares from going public

It is incorporated by the ministry of corporate affairs and governed under the Companies act 2013.

Eligibility:

To register a private limited company, a minimum of 2 directors and a maximum of 200 directors and has a minimum of 2 stockholders and a maximum of 200 stockholders.

Process of Private Limited Company Registration.

Step1. Obtaining a Digital Signature Certificate.

Digital Signature Certificate means your document is kept in electronic format which is basically related to your company information.

All you need to do is to contact government-certified agencies and get your DSC within 1 or 2 days.

Two types of class in DSC Certificate which is based on its function

• Class 2 Certificate            
• Class 3 Certificate

Step 2. Get a DIN (Director Identification Number.)

It can be obtained by only the director of the company. A DIN number is simply the identification number of a company which is in the form of countable numbers.

How to apply for DIN Number Registration.

• Download a DIR-3  form from MCA official site.
• Select your category and role and all your company details.
• Attach your scanned documents like passport-sized photo, PAN card, Voter ID card, Driving Licence, electricity bill, and Aadhaar Card.
•  Click on the Submit Button and receive a confirmation through your registered email id.

Step:3 Obtain Name Approval of your Company

After your form is submitted in a suitable manner under MCA regulation, your application form will be reviewed and approved by official government officers.

Step:4 Fill MOA & AOA Form.

AOA (Articles of Association) It is simply a rule and regulation form of a company that gives you a right to manage your business freely and get maximum benefits under policies
MOA (Memorandum of Association). It identifies the existence of a company. Every company has its own memorandum that provides information about the working of shareholders, Chartered Accountant,s and other employers.

Step: 5 Obtain PAN & TAN from SPICe (INC.32) Form.

Recently, MCA announced a  SPICe form. This is an all-in-one form because it is a detailed version of all other forms such as the name reservation form, DIN Registration form, and PAN/TAN application form.

How much cost involved to register a Private Limited Company.

Pvt. Limited Registration fees vary according to the No. of Directors, shareholders, and members of your company.

Minimum Rs.6000 and Maximum Rs.30000

You can pay fees to 2 types of organization based on your compliances and the complexities of the company

1. Government
2. Professional Organization.

Benefits of Private Limited Company.

• Limited Liability of Owners
• Easy Fund-raising.
• Easy Transfer of shares.
• Private and free Legal existence

Final Thought.

So, after seeing all the benefits and convenience of a private limited company, I strongly suggest that if I have a maximum no. of directors and shareholders and employers and your company growth is high, it is the best type of registration for you