We are India's fastest growing online business services platform dedicated to helping people to start and grow their business, at an affordable cost. Our aim is to help the entrepreneur with regulatory requirements, and offering support at every stage to ensure the business remains compliant and continually growing. We are Private Organization and providing services and assistance for Business Benefits who require consultation.
New Company Registration Application
New Company Registration (Private Limited)
4.8 4355 customers
Process of New Company Registration (Pvt Ltd)
DAY 1
- Get Call for Document Verification and Advice
- Creation of Digital Signature of the Director
DAY 2 - 4
- Review and Verification of Documents
- Creation of Director Identification Number (DIN)
DAY 5 - 7
- Name Reservation for the Company
- Company Name Approvals
DAY 8 - 9
- Submission of Company Details
- Submission of Incorporation Forms
DAY 10 - 12
- Resolution of Queries if any, Raised via Authorities
- Get a Certificate of Incorporation
- Disptach of Director DSC with Token
"Excellent Support provided by the Team in completing the formalities for Startup certificate which was pending for longtime. It was pleasure interacting with team."
"Fantastic service. Wanted this in 2 days and the team delivered. Good telephonic support for setting up and using the product. Paperless process. I recommend."
"Reasonable Price , Timely delivery. Easily installed on my computer. Received the certificate and digital signature after 4-5 days. Paperless process"
Why Choose Udyog Suvidha Kendra
for Private Limited Company Registration
-
Expert Guidance
Our team comprises qualified CA, CS, and lawyers who provide comprehensive support throughout the registration process.
-
Dedicated Support & Relationship Manager
Enjoy the convenience of a dedicated relationship manager and on-call support to address all your queries and concerns promptly.
-
Seamless Online Process
The entire company registration process is managed online, ensuring a hassle-free experience from the comfort of your home or office.
-
Quick and Cost-effective
Benefit from our quick turnaround times and cost-effective pricing, allowing you to save time and money.
-
Proven Track Record
Join thousands of satisfied customers across all states in India who have successfully registered their Companies.
-
Secure Payment Technology
Our services are powered by secure technology, ensuring the safety and confidentiality of your information.
What is
Private Limited Company ?
A Private Limited Company (Pvt Ltd) is a popular business organization in India, renowned for its flexibility, limited liability, and ease of ownership transfer. Governed by the Companies Act, 2013, it is ideal for startups and businesses with growth ambitions. Key features include limited liability protection for shareholders, a separate legal entity status, perpetual succession, and ease of ownership transfer. It also attracts investments and offers tax benefits. With requirements like a minimum of two directors and shareholders, a registered office address, and no minimum capital, it’s an attractive option for entrepreneurs and investors. Transform your business idea into a reality by registering as a Private Limited Company with Udyog Suvidha Kendra.
Key Features of a Private Limited Company
- Limited Liability: The liability of the shareholders is limited to the amount of their investment. This means that personal assets are protected in case the company faces financial difficulties.
- Separate Legal Entity: A Private Limited Company is considered a separate legal entity from its owners. This means the company can own property, incur debt, sue, and be sued in its own name.
- Perpetual Succession: The company continues to exist regardless of changes in ownership. This ensures stability and continuity, even if the founders or shareholders change.
- Ease of Ownership Transfer: Shares of a Private Limited Company can be easily transferred to new members, making it easier to raise capital and bring in new investors.
- Attracting Investment: Private Limited Companies are more attractive to investors and venture capitalists due to their structured framework and regulatory compliances, facilitating easier access to funding.
Benefits of
Private Limited Company
1. Limited Liability Protection:
A private limited company offers limited liability protection to its shareholders, meaning their personal assets are safeguarded in case the company faces financial distress or legal issues. Shareholders are only liable for the company's debts up to the amount they have invested. This protection is crucial for entrepreneurs and investors, as it mitigates the risk of personal financial loss and encourages investment in business ventures without the fear of personal bankruptcy. This feature provides peace of mind to business owners, allowing them to focus on growth and innovation without the constant worry of personal financial jeopardy.
2. Enhanced Credibility and Professionalism:
Operating as a private limited company can significantly enhance the credibility and professionalism of your business. This structure is often perceived as more trustworthy and reliable compared to sole proprietorships or partnerships. It can improve relationships with customers, suppliers, and financial institutions, making it easier to secure loans and negotiate favorable terms. The perception of stability and formal structure can attract more business opportunities and partnerships, contributing to long-term growth and success. Additionally, being a registered entity often lends a sense of legitimacy and permanence, appealing to a broader range of potential clients and partners.
3. Access to Funding and Investment Opportunities:
Private limited companies have greater access to funding and investment opportunities. They can raise capital through the issuance of shares, attracting investors who are more willing to invest in a structured and regulated entity. This structure also allows for easier entry and exit for investors, enhancing the company's ability to attract long-term capital. Additionally, banks and financial institutions are more likely to provide loans to private limited companies due to their perceived stability and formal governance. The ability to draw in venture capitalists and private equity firms also increases, providing essential funds for expansion and innovation.
4. Perpetual Succession and Continuity:
A private limited company enjoys perpetual succession, meaning its existence is not affected by changes in ownership or management. This ensures business continuity even if shareholders or directors leave or pass away. The company's operations can continue uninterrupted, providing stability and long-term planning capabilities. This characteristic is beneficial for maintaining relationships with clients and suppliers, as well as for implementing strategic growth initiatives without the disruption associated with changes in ownership. It also means the company can have an enduring legacy, transcending the lifespans of its original founders and investors.
5. Tax Benefits and Planning:
Private limited companies often benefit from various tax advantages and incentives offered by the government. They may be eligible for lower corporate tax rates, deductions for business expenses, and exemptions that are not available to other types of business structures. Additionally, companies can plan their finances more effectively, taking advantage of tax deferrals and credits. The ability to retain earnings and reinvest profits back into the business without immediate tax implications allows for more strategic financial management, aiding in growth and development. This can significantly enhance the company's profitability and sustainability over time.
6. Ownership and Control Flexibility:
Private limited companies offer flexibility in ownership and control, allowing shares to be distributed among a select group of shareholders. This structure enables the original owners to retain significant control over the business while also bringing in additional investors as needed. Shareholders can sell or transfer their shares without affecting the company's operations, providing liquidity and flexibility. The ability to attract skilled professionals to the board by offering shares as incentives can also enhance the company's management and governance. This flexibility supports the company's adaptability to changing business environments and strategic objectives, ensuring sustained competitiveness and growth.
Documents Required For
Private Limited Company Registration
PAN Card of Director
Aadhaar of Directors
Identity Proof of Directors
Address Proof of Directors
Photograph of Directors
Office Address Proof
Pick a Business Type
That Best Suits Your Needs
| Feature | Private Limited (Pvt Ltd) | One Person Company(OPC) | Sole Proprietorship |
|---|---|---|---|
| Ownership | Directors (Minimum 2, Maximum 200) | Single Director (Owner) | Single Individual |
| Legal Status | Separate Legal Entity | Separate Legal Entity | Not A Separate Legal Entity |
| Liability on Person | Limited To The Amount Invested | Limited To The Amount Invested | Unlimited Personal Liability |
| Formation Under | Requires Registration Under Companies Act, 2013 | Requires Registration Under Companies Act, 2013 | No Formal Registration Required (But May Need Local Business Licenses) |
| Minimum Directors | At Least 2 Directors | 1 Director (The Owner) | Not Applicable |
| Taxation | Corporate Tax Rates | Corporate Tax Rates | Individual Income Tax Rates |
| Compliance Requirements | High (Annual Returns, Financial Statements, Etc.) | Moderate (Annual Returns, Financial Statements, Etc.) | Low (Basic Bookkeeping And Local Tax Compliance) |
| Governance Structure (Management) | Managed By Directors | Managed By The Sole Directors | Managed By The Sole Owner |
| Ease of Raising Funds | Can Raise Funds Through Seed Funding, Venture Capital, Equity Crowdfunding, Equity And Debt | Limited Funding Options | Limited To Personal Funds Or Loans |
| Transferability Of Ownership | Shares Can Be Transferred With Restrictions | Not Applicable | Not Transferable |
| Perpetual Succession | Yes, Continues Irrespective Of Changes In Ownership | Yes, Continues Until Owner Decides Otherwise | No, Depends On The Life Of The Owner |
| Ease Of Setup | Moderate To Difficult, Due To Compliance | Moderate | Easy And Inexpensive |
| Name Suffix | Must Include "Private Limited" | Must Include "OPC Private Limited" | No Specific Suffix Required |
| Regulatory Authority | Ministry Of Corporate Affairs (MCA) | Ministry Of Corporate Affairs (MCA) | Local Authorities |
| Profit Distribution | As Per Shareholding Ratio | Sole Owner Gets All Profits | Sole Owner Gets All Profits |
| Foreign Ownership | Allowed With FDI Guidelines | Allowed With FDI Guidelines | Not Allowed |
| Annual Filings | Mandatory (Financial Statements, Annual Returns) | Mandatory (Financial Statements, Annual Returns) | Not Mandatory, But Local Filings May Apply |
| Statutory Meetings | Required (Board Meetings, AGM) | Not Required | Not Applicable |
How to Decide on a
Private Limited Company Name
Choosing a name for your Private Limited Company involves adhering to the regulations set by the Ministry of Corporate Affairs (MCA) and ensuring it does not infringe on any trademarks. Follow these steps to decide on an appropriate name:
Steps to Decide on a Company Name
- Brainstorm and Create a List: Come up with several potential names for your company. Make sure they are unique, relevant, and easy to remember.
- Check MCA Guidelines: Ensure the name complies with MCA's naming guidelines:
- It should not be identical or too similar to an existing company or LLP name.
- Avoid names that include offensive or undesirable words.
- Ensure the name reflects the company's business activity (optional but recommended).
- Conduct an MCA Name Search: Use the MCA Name Search Tool to check the availability of your chosen names.
- Trademark Search: Check the chosen name against the Trademark Registry to ensure it is not already registered as a trademark by another entity.
- Reserve Your Company Name: Once you have a unique name that complies with MCA guidelines and is not trademarked, reserve it through the MCA portal by filing the RUN (Reserve Unique Name) form.
- Register the Name: Upon name approval, proceed with the incorporation process by filing the necessary documents with the MCA.
Important Points to Consider
- Uniqueness: Your company name must be unique and distinguishable from existing companies.
- Relevance: The name should be relevant to the business activities of your company.
- Trademark Infringement: Ensure the name does not infringe on any existing trademarks to avoid legal issues.
- Future Expansion: Consider the future growth and expansion of your business when choosing a name.