Private Limited Registration in Delhi, India
In 7 days | From Anywhere | At Single Click
In 7 days | From Anywhere | At Single Click
Private Limited Companies are regulated by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. It is one of the most sought-after corporate legal entities in India. Registering your company as a Private Limited Company requires some simple steps and procedures. But for you, they can be very much intricate. You don’t have to scratch your head in the complexities of the steps of registering your company as a Private Limited Company TaxOnTrack is here to help you out. Our experienced and professional personnel will guide you through every step holistically. With our help, you can register your company as a Private Limited Company in no time.
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Advantages of Registering
Your Company as Private Limited
One of the biggest advantages of a Private Limited Company is that even if the owner of the company dies or a majority of the share gets handed to a different individual, the workings of the company will be uninterrupted. Therefore, the progression of the company will be ever-lasting.
A Private Limited Company has its own identity. It might sound a wee bit confusing but the fact of the matter is, once you register the company as Private Limited, its identity will no longer depend on its members. Instead, it will have a separate and distinct legal entity.
A company needs investment for its growth. One advantage that the Private Limited Companies have is the ease of raising investments as well as corporate loans. The flexibility enjoyed by the private limited companies while raising investments through foreigners and NRIs is truly unmatched.
A company needs 2 directors and along with that, they need to fill Spice E Form INC-32. Also, Spice MOA (INC-33) and Spice AOA (INC-34) will be fulfilled by the directors. After document verification, MCA will issue the certificate within 2 to 3 days to confirm the registration.
The key to success and winning trust for any company depends on its transparency. One of the advantages of the private limited companies is that it enjoys more transparency and thus it gains the trust of the general public fairly easily. Hence, a Private Limited Company shines easily.
A Private Limited Company does not have to publish its documents and account details publicly. Hence, it has the luxury of maintaining secrecy in a well-organized way than a public company. That is why registering a business as a Private Limited Company is a brilliant option.
The biggest advantage of a Private Limited Company is limited liability. In case any liability arises, the members of the company will not have any liability unless the liability arises from unpaid shares in their possession. Stakeholders are also exempted from corporate debts and other liabilities.
The stakeholders of a private limited company cannot sell their shares to any third-party individual. It has to be transferred and sold within the periphery of the existing members and stakeholders. So, there is no scope for any third-party individual to interfere in company affairs.
Registration Process
Registration of a Pvt Ltd company in India is complete an online process. Recently the MCA has replaced the earlier SPICe form with a new web form called SPICe+ (SPICe Plus). Hence, Incorporating a Private Limited Company is even easier now.
Apply for the name reservation of the company in Part A of the form Spice+
Apply for digital signature
Incorporation online.
Company incorporation certificate with PAN/TAN
Mandatory Documents
for the Registration of Private Limited Company
FAQ
Frequently Ask Questions
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