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How to form a private limited company in India

Starting a business is little bit difficult and challenging, because many people doesn’t know or focus on legal lows and documentation. So, sometime that will leads to big problem. Let’s solve your problem that how to start or formed or registries private limited ( Pvt. Ltd) company in India.

Step 1) First and foremost identify the Directors of the Company. Minimum of  two directors need to present and maximum of 8 is allowed.

Step 2)  All Directors should have DIN (Directors Identification Number). If you do not have one you can apply DIN online
at www.mca.gov.in

Documents required for DIN
Identity Proof (Any one of the following)
PAN Card
Driving License
Passport
Voter ID Card
Others (to be specified)

B. Residence Proof (Any one of the following)
Driving License
Passport
Voter ID Card
Telephone Bill
Ration Card
Electricity Bill
Bank Statement
Others (to be specified)
Step 3) Digital Signature

Step 4) Company Name

Once you have got your DIN then you need to apply for Company name. You need 4-5 name in order because if the name is not available then they go to the next one in the order you have provided.

You need to approved by ROC

Get more info http://www.mca.gov.in/MCA21/RegisterNewComp.html

  • Once you have got your name approved you have to apply for the Incorporation of Company. For this you
    will have to prepare Memorandum of Association which will detail what the company’s operations the first list of directors
    who are going the be in the board need to be defined in this document. This should be applied along with Form

Apply for the name of the company to be registered by filing Form1A http://www.mca.gov.in/MCA21/dca/downloadeforms/eformTemplates/1030-Form1A.zip

Form 1 : Application or declaration for incorporation of a company http://www.mca.gov.in/MCA21/dca/downloadeforms/eformTemplates/1023-Form18.zip

Form 18 : Notice of situation or change of situation of registered office

http://www.mca.gov.in/MCA21/dca/downloadeforms/eformTemplates/1023-Form18.zip

Form 32 : Particulars of appointment of managing director, directors, manager and secretary and the changes among them or consent of candidate to act as a managing director or director or manager or secretary of a company and/ or undertaking to take and pay for qualification shares

http://www.mca.gov.in/MCA21/dca/downloadeforms/eformTemplates/1026-Form32.zip

Advice you take help of expert for this form

(This link of form is get from ww.mca.gov.in http://www.mca.gov.in/MCA21/RegisterNewComp.html)

Extra Tips Related with it.

  • Once your company has been incorporated you can open a Current account in any of the leading banks
    for carrying out your operations. You will need to submit a copy of Certificate of Incorporation and Memorandum of Association along with Board resolution to open the bank account.
  • Then you need to apply for TAN and PAN for the Company
    https://tin.tin.nsdl.com/pan/form49A.html
    https://tin.tin.nsdl.com/tan/form49B.html
  • If your services are in Software related area you can apply for STPI license which will give you certain benefits
    like Company need not pay tax for 5 years, there will be no import or export duty levied on software/hardware,
    You will get office spaces at lower rates at STPI units. These are few of the benefits of becoming an STPI member.
  • All this you can do on your own or you can outsource these to professional auditor. We did it through Auditor and it took almost three weeks (Upto Step 7 excluding STPI) and all charges (excluding sTPI) would approximately cost you Rs.25, 000.
  • I am not sure how much it would cost if you do it on your own. I read in one of the blogs that in Delhi the whole
    process was completed in 30 minutes after the e-Governance was launched.

All Information http://www.mca.gov.in/MCA21/RegisterNewComp.html

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