This Article First Published on myonlineca. So Lets Start Learn about the Private Limited Company Registration.

Step by Step Procedure to Register a Private Limited Company in India

Features of Private Limited Company

  • Separate Legal Status
  • Capacity to borrow
  • Easy Transfer of shares
  • Minimum number of Members : 2 ; Maximum number of Members : 200
  • Minimum Capital : Nil {omitted by Companies (Amendment) Act, 2015}
  • Limited Liability.
  • Minimum number of Directors : 2
  • Foreign investment permitted (subject to applicable Sectoral Cap as per FDI guidelines)
  • Capacity to sue or to be sued

Procedure for Incorporation of Company 

  1. Obtain Digital Signature Certificate (DSC) for the proposed Director / Promoter not having DSC;
  2. Obtain Directors Identification Number (DIN) for proposed Director / Promoter not having DIN by applying to Ministry of Corporate Affairs (MCA) in Form DIR-3;
    Requirements for Form DIR-3
    a) Passport Size Photograph
    b) Identity Proof: PAN (mandatory) duly attested by Practicing Chartered Accountant / Practicing
    c) Company Secretary / Practicing Cost Accountant
    d) Address Proof: Passport / Aadhar / Telephone Bill / Electric Bill (not older than 2 Months) duly attested by Practicing Chartered Accountant / Practicing Company Secretary / Practicing Cost Accountant
    e) Educational Qualification
  3. Email Id and Mobile Number ​
  4. Apply for Reservation of Name in Form INC-1 along with the prescribed fees.
  5. On approval of Name of the proposed Company is received, the following Forms need to be filed;
    -Form INC-7
    -Form INC-22
    -Form DIR-12
  6. On scrutiny and examination of the aforesaid forms, the concerned Registrar of Companies (ROC) shall issue Certificate of Incorporation of Company along with Corporate Identification Number (CIN).

    Note: Certificate of Commencement of business is not required to be filed in Form INC-21 as the same has been omitted by the Companies (Amendment) Act, 2015.   
  7. Requirements for Form INC-7, Form INC-22, Form DIR-12
  8. Memorandum of Association & Articles of Association (MOA & AOA) along with subscribers sheet
  9. INC-8 duly notarized  INC-9 duly notarized
  10. INC-10 duly verified by Banker or notarized
  11. Affidavit for non – acceptance of deposit
  12. Full address of Police Station under whose jurisdiction the registered office is situated
  13. Utility Bill (not older than two months) of the registered office premise
  14. Conveyance/Lease deed/Rent Agreement
  15. NOC from the owner of the premise, if taken on lease
  16. Form DIR-2
  17. Directors Directorship details in other Companies / LLPs, if anyHelpful Articles on Private Limited Company –
    Helpful Article –
    LLP V/S Private Limited Company

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