A Private Limited Company (Pvt. Ltd.) is one of the most preferred business structures in India, particularly among startups, entrepreneurs, and small to medium-sized enterprises (SMEs). Governed by the Companies Act, 2013, this structure offers a perfect balance of operational flexibility, legal credibility, and investor appeal.
Being a separate legal entity, a Private Limited Company ensures that the personal assets of its shareholders are protected in case of business liabilities. It also enjoys perpetual succession, meaning the company continues to exist regardless of changes in ownership.
Step-by-Step Process for Private Limited Company Registration
As a professional Chartered Accountancy firm, we offer end-to-end assistance for the seamless incorporation of your Private Limited Company under the Companies Act, 2013. Below is a structured outline of the registration process:
Step 1: Procurement of Digital Signature Certificate (DSC)
A Digital Signature Certificate is essential for electronically signing documents submitted to the Ministry of Corporate Affairs (MCA). We facilitate the issuance of DSCs through authorized certifying authorities, ensuring compliance and authenticity of all digital filings.
Step 2: Application for Director Identification Number (DIN)
The Director Identification Number is a unique identifier mandatory for individuals intending to become directors of a company. Our team will manage the entire DIN application process by filing the requisite forms on the MCA portal.
Step 3: Name Reservation through RUN (Reserve Unique Name)
We will initiate the name reservation process by filing the RUN form with the MCA. The proposed name will be verified to ensure it is:
In accordance with the naming guidelines under the Companies Act, 2013.
Distinct and not identical or similar to any existing company or registered trademark.
Step 4: Filing of SPICe+ Form (Simplified Proforma for Incorporating Company Electronically Plus)
The SPICe+ form is an integrated application form offering multiple services through two parts:
Part A: For name reservation.
Part B: For incorporation, DIN allotment, PAN, TAN, GST registration, EPFO, ESIC, Professional Tax (Maharashtra), and opening of a bank account.
We will complete and submit the SPICe+ form on your behalf, streamlining the incorporation process.
Step 5: Drafting and Filing of Memorandum & Articles of Association (MOA & AOA)
We will draft the Memorandum of Association (MOA) and Articles of Association (AOA) in accordance with your business objectives and operational requirements:
MOA outlines the company’s vision, mission, and scope of operations.
AOA defines the internal governance structure, rights, and responsibilities of directors and shareholders.
These documents will be submitted along with the SPICe+ form.
Step 6: Issuance of Certificate of Incorporation (COI)
Upon approval, the Registrar of Companies (ROC) issues the Certificate of Incorporation, officially recognizing the establishment of your company. Post-registration, we will:
Apply for the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Income Tax Department.
Assist in opening the company’s current bank account.
Provide advisory on post-incorporation statutory compliances and regulatory requirements to ensure smooth business commencement.