Company Registration in Mayur Vihar, Delhi

• Business Structure: Corporation
• Service Level: Premium
• Location: delhi
• Mode Of Service: Online
• Mode Of Payment: Online

Private Limited Company Registration: A Complete Guide A Private Limited Company (PLC) is one of the most popular and flexible types of business structures. It offers limited liability to its shareholders, a separate legal identity, and greater credibility compared to other forms of business entities. Registering a Private Limited Company is an essential step for entrepreneurs looking to formalize their business operations, attract investment, and build a professional image. Key Features of a Private Limited Company Separate Legal Entity: A PLC is a separate legal entity distinct from its shareholders and directors. This means the company can own assets, incur debts, and enter into contracts in its own name. Limited Liability: The liability of the shareholders is limited to the amount of capital they have invested. Personal assets are protected in case the company incurs losses or faces legal issues. Restricted Transfer of Shares: Shares of a Private Limited Company cannot be freely traded in public markets. This ensures control over the ownership and prevents hostile takeovers. Minimum Number of Members: Requires at least two shareholders and two directors to form. The maximum number of shareholders is usually capped at 200. Perpetual Succession: The company continues to exist even if the ownership or management changes due to death, insolvency, or transfer of shares. Steps for Private Limited Company Registration Obtain Digital Signature Certificates (DSC): The first step is to obtain DSCs for all proposed directors. A DSC is needed to sign electronic documents while filing with the Registrar of Companies (RoC). Apply for Director Identification Number (DIN): Every director must have a DIN, which can be obtained by applying online to the Ministry of Corporate Affairs (MCA). Name Approval: Propose a unique name for the company and submit it for approval through the RUN (Reserve Unique Name) form on the MCA portal. The name must comply with the guidelines and should not be identical or similar to an existing company name or trademark. Prepare and File Incorporation Documents: Memorandum of Association (MoA): Outlines the company’s objectives, scope of activities, and authorized share capital. Articles of Association (AoA): Specifies the rules and regulations governing the internal management and operations of the company. Other Required Documents: Include the identity and address proof of directors, proof of the registered office address, and consent to act as a director (Form DIR-2). Filing of Forms and Payment of Fees: Submit the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form along with all required documents and pay the prescribed registration fees. Certificate of Incorporation: Once the Registrar is satisfied with the application and documents, they issue a Certificate of Incorporation (CoI), which includes the Company Identification Number (CIN). Open a Bank Account: Use the Certificate of Incorporation, MoA, AoA, and other relevant documents to open a corporate bank account in the company’s name.   Conclusion Registering a Private Limited Company is a strategic move for businesses looking to expand, secure funding, and enhance their market credibility. With its separate legal identity, limited liability protection, and structured framework, a PLC provides a solid foundation for business growth and success.

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