Private Limited Company

A private limited company is a privately held business entity. It is held by private stakeholders. Usually, a private company does not offer or trade its shares to the general public on the stock exchanges, but rather the private stock of the company is owned and traded.
Entrepreneurs can register a company in India to create a business that is well regarded by customers, suppliers, bankers and the Government. By setting up a company, an Entrepreneur has the ability to create a small or large business that can easily raise capital and scale seamlessly to any size.
A company can raise equity capital from persons or entities interested in becoming a shareholder. Entrepreneurs can raise money from angel investors, venture capital firms, private equity firms and hedge funds. A company can also raise debt financing from banks, financial institutions and NBFCs easily.
A private limited company is recognized as a separate entity with a dedicated PAN. Using the PAN and incorporation certificate of the company, an Entrepreneur can within days open a current account in any bank.

Documents required

To register a company, various documents are to be submitted to the MCA as follows:

* PAN Card : PAN Card copy of the proposed Directors of the Company will be required for Company Registration.
* Address Proof : The address proof submitted must have the name of the Director as mentioned in the PAN Card and the most current address of the Director.
* Residential Proof : The residential proof must also contain the name of the Director as mentioned in the PAN Card and must not be older than two months.
* Registered Office Proof : In addition to providing identity, address and residential address for the Directors, proof must be provided to validate the registered office address of the Company.
The registered document of the title of the premises of the registered office in the name of the company; OR
The notarized copy of lease / rent agreement in the name of the company along with a copy of rent paid receipt not older than one month;

In addition to the above, the following must also be provided as proof of registered office:

*  The authorization from the Landlord (Name mentioned in the Electricity Bill or Gas Bill or Water Bill or Property Tax Receipt or Sale Deed) to use the premises by the company as its registered office. This is usually referred to as NOC from Landlord; AND
*  Proof of evidence of any utility service like telephone, gas, electricity, etc. depicting the address of the premises in the name of the owner or document, which is not older than two months.

BASIC

iNR 7,899

2 Digital Signature -2 Year Validity

2 Director Identification Numbers

Name Approval

Authorised Capital Fee

Incorporation Fee

Stamp Duty

PAN & TAN

LEDGERS Billing Software

Bank Account Opening

Commencement of Business

sTANDARD

iNR 22,899

2 Digital Signature -2 Year Validity

2 Director Identification Numbers

Name Approval

Authorised Capital Fee

Incorporation Fee

Stamp Duty

PAN & TAN

LEDGERS Billing Software

Bank Account Opening

Commencement of Business

GST Registration

Auditor Appointment Support

Bookkeeping for 1 Year

Financial Statements & Board Reports

ITR-6 Filing for Company

MCA DIN eKYC for Directors

MGT-7 & AOC-4 Filing

Domain Registration (example: www.agc.com/in/org)

PREMIUM

iNR 32,899

2 Digital Signature -2 Year Validity

2 Director Identification Numbers

Name Approval

Authorised Capital Fee

Incorporation Fee

Stamp Duty

PAN & TAN

LEDGERS Billing Software

Bank Account Opening

Commencement of Business

GST Registration

Auditor Appointment Support

Bookkeeping for 1 Year

Financial Statements & Board Reports

ITR-6 Filing for Company

MCA DIN eKYC for Directors

MGT-7 & AOC-4 Filing

1 Year GST return filings

Domain Registration (example: www.agc.com/in/org)


Important Notes

  • Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.
  • Upto 4 name options can be given in 1 RUN name approval request.
  • Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
  • In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
  • Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
  • Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IndiaFilings will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
  • Additional Directors can be added for an additional price of Rs.999 – if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.1999, inclusive of GST.
  • Additional authorised capital can be purchased if requried at time of incorporation.
  • Incorporations from Maharashtra state will also receive complimentary Professional Tax Registration.

Updated on 16/07/2021