Private Limited Company Registration in Jaipur

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Introduction of Private Limited Company

Private Limited Company provides limited liability and legal protection to its shareholders. Starting a business in India as a Private Limited Company is a very popular and effective way for those looking for high growth. It has various benefits as it guarantees a limited liability and a separate legal entity which means to protect personal property. This type of business is very popular with startups and growing organizations.

The Private Limited Company in India can start operations after obtaining a Certificate of Incorporation. So, if you are willing to start an entity you should prioritize its registration first. Once it is registered, its authenticity boosts and can avail numerous benefits which can protection of the liability to protect the Company's assets, draw more and more funds, etc.

Advantages of Private Limited Company

Discrete legal existence

Once a business is registered it is born legally which means it is separated from its owners, directors, managers, shareholders, and employees, etc.

Limited Liability

The Company is a separate legal entity so its liability is limited to the expanse of Share Capital or the guarantee provided. The Company's liability does not create any right over the personal property of the owner.

Raising fund

It is a business of choice for investors and as it offers the opportunity to raise money through Banks, Foreign Investors, Venture capitalists, and Angel Investors, etc.

Enduring existence

The company has everlasting existence, once registered their lives become perpetual until they are not winded up by its promoters or the Government.

Minimum requirements

There is a requirement of a minimum of two directors and a maximum of fifteen

Two shareholders minimum

Minimum one director of Indian residence

Require digital signatures of Directors and subscribers

No minimum capital required

Director Identification Number (DIN)- if applicable

Documents Required for Incorporation

PAN Card

Member and directors of the Company proposed Passport in case of foreign nationals

Proof of the identity

of the Member and directors of the proposed Company; (Driver's License/Voter ID/Passport/Aadhar)

Address Proof

of Members and Directors (Service Bill/Telephone Bill/ Mobile Bill/Bank statement not exceeding two months)

Recent passport size photograph of the Members and Directors

Proof of Business Address Location of owned property

(Copy of Registry and Recent Electricity or Water Bill)

Proof of Business Address Leased/rented

Lease Agreement, NOC from Owner, Recent Government Electricity Bill or Water Bill)

Note: - In the event of an NRI or Foreign nationals documents of Directors and Subscribers shall be in writing or sent by an apostle.

Process of Incorporation of Private Limited Company

Complete the Application Form

You are requested to first complete the simple questionnaire provided by our expert team.

Processing Documents

In the second step, we will need the documents as per the questionnaire completed by you so that we can organize them as required and for processing.

DSC application

First of all the DSC (Digital Signature Certificate that includes E-signatures) needs to be prepared. This step can be ignored if it is already prepared. It will take about 1-2 days.

Availability of Name

The next step is to check the availability of the name. The name must be different and should not be the same as the name of any other registered organization. It may take at least 1-2 days.

Company incorporation e-filing

Once the name is approved, an online application is required to be submitted via SPICE+ along with the required documentation as received from the ROC client. MOA and AOA will be filed online. This process also takes about 2-3 days.

Obtain an Incorporation Certificate

Once the Company is registered we will share all documents such as Certificate of Incorporation, MOA, AOA and Digital Signature.

More Insights on Private Limited Company Registration

Choosing Company Name

You can check the availability of the Company name thus by logging into the MCA where you need to keep in mind two or three options available and the type of activity. Our team will assist you in choosing a company name.
Also, in addition to checking the availability of the name we also need to check the trademark if it is already registered under the proposed name which makes the online application for registration very effective.

Keynotes:

If the proposed Director already has a DIN you can re-check whether the DIR-3 KYC has been completed. You can confirm the same with the help of our experts.
A private limited company is required to manage all compliance after the company's appointment such as the appointment of a formal auditor, the inception of business filing, Income Taxation, Annual Return, and ROC, and other compliance. We have a team of experts who monitor the dates you should comply with and remind you with emails.

Company Registration Process in India

Day 1 - 2

Document review and information provided
Digital Signature Certificate Application

Day 3-6

Checking name availability
MoA, AoA and other required documents to be drafted

Day 7-9

Application to reserve a name under SPICe
Applying for company registration
DIN application allotment
Application of PAN and TAN

Day 10-12

Government processing time

How Paravue Advisors help you to achieve your dream startup?

We at Paravue Advisors guarantee a high level of satisfaction and timely delivery of your firm registration with better response to government needs through our professionals. You can contact our team on 099504-51000 or send an email to infoparavueadvisors@gmail.com for private limited company registration.

Establish your entity in just 3 simple stages-

Opt for the suitable package for your needs
Fill in the questionnaire that takes less than 12 minutes
Provide the basic details and documents required to register
Make payments with secure payment gates

A Relationship Manager assigned
DSC procurement
Application for registration of company name
Drafting AOA and MOA
Incorporation Certificate
PAN and TAN allotment

Require 10-12 working days

*Affected by Government processing term

Why you should choose Paravue Advisors for your assistance?

Expertise guidance

We will help you from picking up a suitable registration to getting your registration certificate. Our experts give you expert guidance on many of the processes involved in registering your business as a sole proprietorship, as well as service tax registration, sales tax, import/export code, and professional tax.

Filing Application

The professionals to assist you in the application are well-executed and can manage native registrations.

Registration Receipt

Our team will provide full assistance with the registration process. This can vary between 5 and 15 days, depending on the work done by the authorities involved.

FAQs on Private Limited Company

Ans. It issues business integrity in the eyes of financial institutions, providers, and potential customers. As it makes it easier for companies to get loans with favorable terms from banks or to convince potential customers while they are signing up for deals.

Ans. The Private Limited Company can be formed by-

Any members (two or more persons) may form a private limited company.
At least two people will serve as directors of the company. Shareholders (initial members/developers) themselves can choose to be a director. It seems that often the shareholders are directors of a private limited company.
Completion of required documents (Director's ID number, Application for accreditation, Incorporation Documents, registered address) with the filing of Registrar of Companies.
A minimum amount of Rs. one lakh (can be used for business whenever needed and does not need to be kept in a bank/deposit of company at all times).

Ans. Anyone can become a shareholder in such a company. To become a director of a company, no professional or academic qualifications are required.

Ans. Anyone wishing to become a director of a company must apply for a DIN, issued by the Department of Corporate Affairs. Identity Proof and address proof are submitted with the amount required at the time of submitting the DIN request application. If the documents are organized, DIN is approved within 3-4 days. An authorized DIN is lifelong and the same DIN can be used by a director, even if he has a directorship in more than one company.

Ans. A Private Limited Company is the easiest and most favored form of Registration of business in our country. It can be registered with at least two people. Protection of limited liability to shareholders, the ability to raise equity funds, a distinct legal entity make it a highly preferred type of business for millions of small and medium-sized businesses.
LLP is a simple but integrated business approach where all the positive aspects of the Company and the Partnership firm are present. It is another form of business registration in India that is generally popular with Professionals, medium, and small businesses.

Ans. There is no capital bar such Company, unlike a One Person Company.

Ans. Yes, registration of such a company is required as, without registration, there will be no company.

Ans. 'Private Limited' can be used as a suffix with any name of an organization having an organization incorporated/registered/converted to a Private Limited Company. The organization must be registered with ROC (Registrar of Company) in India. It is mandatory for all companies registered as Private Limited Company, to use Privately Limited as a suffix at the end of a company name.

Ans. It is compulsory for all companies registered under the MCA to submit their annual reports with the relevant ROC annually. But for Private Limited Companies, are not obliged to publish their annual report to the public.

Ans. For registration, the minimum requirements are as follows:

2 Directors, one of whom must be an Indian resident and citizen.
2 shareholders who are a natural person or a legal entity.
No requirement for minimum capital. The company can register itself with even Rs. 10,000/-.