LeIntelligensia is a corporate law firm specializes in Trademark registration, Copyright registration, Design and brand registration, patent registration and all intellectual property related services across India.
Friday, 11 May 2018
How to Register a Private Limited Company
Private Limited Company is one of
the best suitable business structure for a business with small investment. The
requirement is minimum two share holders with minimum authorised share capital
of Rs.1,00,000/- .
Why to go for Private Limited?
1. Limited Liability:
2. Legal Entity
3. Business credibility
4. Attract Funding
We had seen the advantages and
beneficial in Pvt ltd. Now we will see the Characteristics of it.
1. Minimum of Two Share holders
are required to form a Company
2. Maximum of 200 share holders
can be there
3. The paid up capital required
to form a company is minimum of Rs.1,00,000/-
4. The name of the company should
be unique and sufixed by business description Eg. Sudan EXPORTES Pvt. Ltd. or
Axiom LOCKS Pvt. Ltd.
5. The share of the company
cannot be sold in open market
6. The liability of the share
holder is limited on his shares.
Stages for filing a Private
Limited Company in India:
1. Filing a DIN Number and
2. Company Name approval
3. MOA & AOA Drafting
Documents required for filing a
Private Limited Company are as follows:
1. Address Proof of both the
2. ID Proof of both the Directors
3. PAN Card of both the Directors
4. Photo of both the Directors
5. Address proof of the Company
6. EB Card of the property
How to Choose a name for the
The name of the company is
divided into TWO Parts. The first part of the company should be Unique word;
The second part should Describe the business activity that is listed in the
object of the company.
Eg. Axiom Exporters Private
Limited (Axiom is a unique word & Exporters represents the business
The time duration required for
firming a Private Limited Company shall be 10 to 15 working days.
After Formation Compliance:
1. Obtain a PAN Card for the
3. Other licenses as applicable, depending upon
the nature of the business activity.