Private Limited Company Registration in India
The Companies Act of 2013 and the Companies Incorporation Rules of 2014, both administered by the Ministry of Corporate Affairs, govern the registration of private limited companies. A private limited corporation must have a minimum of two shareholders and two directors in order to be registered.
This kind of business structure bans shareholders from openly selling shares, caps the number of shareholders at 200, and limits owner responsibility to their shareholdings.
An independent legal entity from its owners or shareholders, a private limited corporation is in charge of managing its assets and liabilities.
According to the Companies Act of 2013, companies in India must be registered with the Registrar of Companies (ROC), and anybody can access the Ministry of Corporate Affairs to check their information (MCA).
Documents Needed To Register A Private Limited Company.
Copy of PAN Card of proposed directors and shareholders.
Address proof of principal place of business, proposed directors and shareholders (Any utility bill not older than 2 months).
Passport/ Voter’s ID/ Driving License of proposed directors and shareholders.
Digital Signature Certificate
Digital Signature of directors and share holders.
Lease/ Rent Agreement
The copy of rent/ lease agreement/ No Objection Certificate for the place of business.
Other details such as authorized share capital, paid up share capital and its composition, educational qualification and occupation of directors and shareholders.
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