Private Limited Company Formation in India

Formation Process
Pvt Ltd Company Registration in Delhi

PRIVATE LIMITED COMPANY FORMATION IN INDIA

We provide extensive services for setting up a Private Limited Company Formation in India. We follow well defined service plan and are supported by professionals holding rich industry experience. Incorporation of Company in India includes Private Ltd. Incorporation Company Registration India. Moreover, we also emphasize on every detail while maintaining close proximity with clients regarding best legal advice.

Private Ltd. formation in India is the most prevalent and popular sort of corporate legal entity in India. Private Ltd. registration is governed by the businesses Act, 2013 and the Companies (Incorporation) Rules, 2014.

To register a personal Ltd., a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a company legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a corporation with Foreign Direct Investment, making it the well-liked choice of entity for foreign promoters.

Unique features of a Private Ltd. Company include indebtedness protection to shareholders, ability to boost equity funds, separate legal entity status and perpetual existence which make it the foremost recommended sort of business entity for many small and medium sized businesses that are family owned or professionally managed.

SECTION 2(68) DEFINES a personal COMPANY AS:

Private Company means a corporation which by its articles —

  1. restricts the proper to transfer its shares;
  2. except just in case of 1 Person Company, limits the amount of its members to 2 hundred:

    3. Provided that where two or more persons hold one or more shares during a company jointly, they shall, for the needs of this clause, be treated as one member.

    Provided further that—

    • (A) persons who are within the employment of the company; and
    • (B) persons who, having been formerly within the employment of the company, were members of the corporate while therein employment and have continued to be members after the utilization ceased, shall not be included within the number of members; and
  3. prohibits any invitation to the general public to subscribe for any securities of the company.

When looking to set up Private Ltd. Formation in India, you would like to trust Private Ltd. Registration Services in India together with your needs. To get the best and effortless services, do not hesitate to call us and find out how we can help you make all your decisions easy.

Steps to set up Pvt ltd company.
  1. Apply for DSC (Digital Signature Certificate)
  2. Apply for the DIN (Director Identification Number)
  3. Apply for the name availability.
  4. File the EMoa and EAOA to register the private limited company.
  5. Apply for the PAN and TAN of the company.