Private Ltd Company Registration in India: A Quick Guide
Registering a Private Limited Company (PLC) in India is a popular choice for entrepreneurs due to its flexible structure, limited liability protection, and easier access to funding. Here’s a concise guide to help you navigate the registration process: Choose a Unique Company Name Start by selecting a unique and suitable name for your company. The name must comply with the naming guidelines set by the Ministry of Corporate Affairs (MCA) and should not be identical to any existing company or trademark. Obtain Digital Signatures (DSC) Digital Signatures are required for all proposed directors and subscribers of the company to sign the electronic documents during the registration process. DSCs can be obtained from certifying authorities. Apply for Director Identification Number (DIN) Each director must have a Director Identification Number, which can be obtained along with the company incorporation application. File the SPICe+ Form The registration process is completed using the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form on the MCA portal. This integrated form allows for seamless application for incorporation, DIN, PAN, TAN, and GST registration. Draft the MoA and AoA the Memorandum of Association (MoA) and Articles of Association (AoA) are essential documents that outline the objectives, rules, and regulations of your company. These documents must be submitted during the registration process. Submit Required Documents Submit the necessary documents, including proof of the registered office address, identity and address proofs of directors, and NOC from the owner of the registered office. Obtain Certificate of Incorporation Once the application is approved, the Registrar of Companies (ROC) issues the Certificate of Incorporation, which includes the company’s Corporate Identity Number (CIN). By following these steps, you can successfully register your Private Limited Company in India, laying a solid foundation for your business venture.
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