A Pvt Ltd company is a registered business entity with limited liability, offering a separate legal identity to its owners. It is ideal for small to medium-sized enterprises seeking credibility, growth, and ease of raising capital
Get Your Pvt Ltd Company Incorporation
Make your business global. Apply from anywhere in India with Pvt Ltd Company Incorporation
Auriga Accounting has a team of registration experts who can provide complete guidance to register your Pvt Ltd Company Incorporation
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for Registration.
Ready Your Pvt Ltd Company Incorporation
Auriga Accounting has a team of registration experts who can provide complete guidance to register your Pvt Ltd Company Incorporation.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for Registration
Your Pvt Ltd Company Incorporation
Incorporating a Private Limited Company is a preferred option for entrepreneurs and startups looking for limited liability, enhanced credibility, and streamlined access to funding. The incorporation process entails several essential steps, including obtaining digital signatures and Director Identification Numbers (DIN), reserving a unique company name, and submitting key registration documents such as the SPICe+ (INC-32) form. This process also involves preparing and filing the Memorandum of Association (MoA) and Articles of Association (AoA), which outline the company’s objectives, scope, and governance structure. Once all requirements are met and verified, the Registrar of Companies (ROC) issues the Certificate of Incorporation.
Private Limited Company (Pvt Ltd) incorporation is the official process of legally establishing a private company as a distinct legal entity. It entails registering the company with the appropriate regulatory authorities by submitting key documents, including the Memorandum of Association (MoA) and Articles of Association (AoA), along with completing essential compliance requirements such as obtaining digital signatures and Director Identification Numbers (DIN).
Limited Liability: Shareholders’ liability is limited to the amount invested in shares, safeguarding their personal assets from the company’s debts and obligations.
Separate Legal Entity: The company is recognized as a distinct legal entity, separate from its shareholders and directors, allowing it to own property, enter into contracts, and sue or be sued in its own name.
Member Limitations: A Private Limited Company must have at least 2 members (shareholders) and can have up to a maximum of 200 members.
Directors: The company must appoint at least two directors, with at least one director being a resident of the country.
Incorporation Process: Establishment involves submitting necessary documents such as the Memorandum of Association (MOA) and Articles of Association (AOA) to the Registrar of Companies (ROC).
Share Transfer Restrictions: Shares are not freely transferable; transfer requires approval from existing shareholders, ensuring control remains within a close-knit group.
Capital Raising: Funds can be raised through private placements, loans, or issuing shares to friends and family. However, the company cannot invite the public to subscribe to its shares.
Perpetual Succession: The company’s existence continues unaffected by changes in ownership or the death of shareholders, ensuring ongoing stability.
Compliance and Reporting: The company must adhere to statutory regulations, including filing annual returns, maintaining statutory registers, and conducting required meetings.
Privacy: Compared to public companies, Pvt Ltd companies enjoy greater privacy, as their financial statements and operations are not publicly accessible.
Close Group Control: The transfer of shares is restricted, ensuring that ownership remains within a close-knit group of shareholders, providing stability and control.
Ease of Formation with Limited Formalities: Incorporation involves simpler and less costly procedures compared to public companies, making it accessible for small and medium-sized entrepreneurs.
Private Funding Flexibility: Capital can be raised privately through share subscriptions or loans without the need to attract public investors, providing greater privacy and control over funding sources.
Limited Liability with Perpetuity: Combines the advantage of limited liability with perpetual succession, ensuring the company’s continuity regardless of changes in ownership or management.
Enhanced Privacy and Confidentiality: Financial and operational information is not required to be publicly disclosed, offering a higher level of confidentiality.
Favorable for Family and Small Business: Its structure is ideal for family-run businesses and startups, facilitating close management and decision-making.
Legal Recognition and Credibility: Incorporation gives a legal identity, which enhances credibility with banks, suppliers, and clients, aiding in business expansion.
1. Enhanced Access to Venture Capital and Angel Funding: A Pvt Ltd company’s structured governance and formal legal framework significantly simplify the process of attracting venture capitalists and angel investors, fueling innovation and accelerating growth opportunities.
2. Limited Liability with Seamless Business Continuity: Shareholders’ liability is restricted to their investment, and the company’s perpetual succession ensures that the business remains operational regardless of changes in ownership or management, supporting long-term strategic initiatives.
3. Elevated Brand Credibility and Trust: Registering as a private limited entity boosts credibility among clients, suppliers, and financial institutions, fostering trust and positioning the company as a professional and reliable entity in the marketplace.
4. Flexible Capital Raising through Share Issuance: Unlike sole proprietorships or partnerships, Pvt Ltd companies have the ability to issue additional shares, providing a flexible and efficient means to raise funds for expansion, research, or diversification without solely relying on loans.
5. Optimized Tax Planning and Incentives: Private limited companies benefit from various tax deductions, incentives, and planning strategies that help reduce overall tax liabilities, thereby enhancing profitability and cash flow management.
6. Strong Corporate Governance and Transparency: Mandatory adherence to statutory regulations, audits, and disclosure requirements promotes transparency, accountability, and good governance, which attract investors and build stakeholder confidence.
7. Protection of Personal Assets through Limited Liability: Liability is confined to the company’s assets, safeguarding the personal assets of shareholders from business debts and legal claims, which minimizes personal financial risks associated with business operations.
Obtain Digital Signature Certificate (DSC): Directors secure a digital signature to sign MCA documents securely.
Apply for Director Identification Number (DIN): Each director receives a unique DIN required for legal recognition.
Reserve Company Name: Submit and approve a unique, MCA-compliant company name via SPICe+ Part A.
Prepare Incorporation Documents: Draft MOA, AOA, and necessary declarations for directors and shareholders.
File SPICe+ Form (Part B): Submit all incorporation documents digitally to the Registrar of Companies.
Pay Government Fees and Stamp Duty: Complete applicable fees and stamp duty based on capital and location.
Verification by ROC: The Registrar reviews documents for accuracy, compliance, and legal formalities.
Receive Certificate of Incorporation (COI): Obtain official COI, along with PAN and TAN, confirming legal existence.
Post-Incorporation Compliance: Open a company bank account, appoint an auditor, and complete mandatory filings to start operations.
Auriga provide expert services which can get your new business off to a flying start. We are Compliance for your business. Here you get simple and affordable online company registration and range of essential services. A world class technology – driven platform, offering end to end service from startup to well established firm.
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