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Private Limited Company Registration Indore

Private Limited Company Registration Indore are a few popular services provided by us at Bharatsearch.

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Private Limited Company Registration Indore

There are many advantage to Private Limited Company Registration Indore. As this type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. An LLP has partners, who own and manage the business. Whereas in private limited company registration, directors may be different from shareholders.

Bharat Register, your leading legal consultant, offers quick Pvt ltd Company Registration Indore service across India at nominal pricing. Here you will find how you can register your company. We take care of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the company registration process, you receive a Certificate of Incorporation (CoI), along with PAN and TAN. Now, you can open a current bank account and begin your business operations.

Advantage of Pvt ltd Company Registration Indore

Easy Fund Raising

Pvt ltd Company Registration Indore process is stringent enough to make this structure credible among others which makes fundraising or borrowing from external sources easier. The organization itself provides a number of ways to raise funds in the form of private equity, ESOP, and more.

Separate Legal Existence

Once Private Limited Company Registration Indore is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.

Owners’ Limited Liability

The company’s obligation or debts of does not create a charge over the owner’s personal assets. Their liability stays limited only to the capital subscribed and unpaid by them.

Management and Ownership Separation

The separate ownership and management help both – the company and the management to focus on their potential works. The shareholders assign responsibility to operate and run the company without losing control in the form of voting.

Pan Card

PAN Card copy of the proposed Directors of the Company will be required for Company Registration.

Address Proof

The address proof submitted must have the name of the Director as mentioned in the PAN Card and the most current address of the Director.

Residential Proof

The residential proof must also contain the name of the Director as mentioned in the PAN Card and must not be older than two months.

Registered Office Proof

In addition to providing identity, address and residential address for the Directors, proof must be provided to validate the registered office address of the

Documents Required Online Company Registration

Private Limited Company Registration Indore cannot be done without proper identity and address proof. These documents will be needed for all the directors and the shareholders of the company to be incorporated. Listed below are the documents that are accepted by MCA for the online company registration process acceptable.

Identity And Address Proof

Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
Scanned copy of Voter’s ID/Passport/Driver’s License
Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
Scanned passport-sized photograph specimen signature (blank document with signature [directors only])

For the foreign nationals, an apostilled or notarized copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.

Registered Office Proof

For online company registration in India, the company must have a registered office in India. To prove admittance to the registered office, a recent copy of an electricity bill or the property tax receipt or water bill must be submitted. Along with the rental agreement, utility bill or the sale deed and a letter from the landlord with her/his consent to use the office as a registered office of the company should be submitted.

Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
Scanned copy of Notarized rental agreement in English
Scanned copy of No-objection certificate from the property owner
Scanned copy of sale deed/property deed in English (in case of owned property)

Note: Your registered office need not be a commercial space; it can be your residence too.

Private Limited Company Registration Indore Process

Bharat Register can incorporate a company in less than ten days, subject to government processing times and availability of all documents.

Step 1: Dedicated incorporation expert assigned for the engagement
Step 2: Collection of information and documents for company registration from client
Step 3: Application submitted for digital signatures to eMudhra
Step 4: Name approval request submitted to MCA
Step 5: Incorporation documents drafted based on the MCA approved name
Step 6: Signing of incorporation documents by all Directors & Shareholders
Step 7: Submission of incorporation documents to MCA for approval
Step 8: Company incorporated with incorporation certificate & PAN
Step 9: Other process or services begin as per customer requirement

Make Application in 3 Easy Steps

1. Follow Quick Process

Pick the best suitable Package
Spare less than 10 minutes to fill out our online Questionnaire
Upload required documents
Make quick payment through our secured gateways

2. Experts available for help

Assigned Relationship Manager
Procurement of Digital Signatures (DSC)
Application for Company Name Registration
Documents drafting including MOA and AOA
Application for PAN and TAN
Drafting of Documents
Preparation & Filing of Application

3. Registration complete !

All it takes is 10-12 working days*

A minimum of two and a maximum of fifteen directors are required to establish a Private Limited Company.

A minimum of two and a maximum of fifty to two hundred shareholders are required while incorporating a Private Limited Company in India.

Minimum authorised share capital is Rs. 1,00,000 and there is no upper limit to it.

It is a good choice because:

Limited liability of members
Number of people required is low
Legal Compliance
Funding requirements can be fulfilled easily
Even though Private Limited Company can be expensive, but it worth in the long term.

It is a 10 digit alphanumeric number is issued by the Income-tax department which is known as Tax Deduction Account Number or Tax Collection Account Number (TAN). Any person who is responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS) needs to have a TAN.

Every company having a paid-up capital of Rs. 5 crore needs to have a whole time CS official as per the new amendment in the Company Act.

It is a unique number issued to a future or an existing director.

It has to be submitted during company registration.

It is a certificate issued to represent a physical form of a certificate. It acts as an identity proof.

When a physical stamp is attached to the document, it is denoted that, the stamp duty had been paid for particular document which was effective legally.

Also known as stock certificate.

Serves as a legal proof of ownership of shares/stock that the company indicates to have.

Compare and know which type of company suits you:

Managing Your Business

Private Limited Company

Limited Liability Partnership

One Person Company

Partnership Firm

Proprietorship Firm

Governing Act

Companies Act, 2013

Limited Liability Partnership Act, 2008

Companies Act, 2013

Indian Partnership Act, 1932

No specified Act

Registration Requirement

Registration under Companies Act is mandatory

Registration under LLP Act is mandatory

Registration under Companies Act is mandatory

Optional

There is no registration criteria prescribed. But, registration is recommended

Number of members

2 - 200

2 - Unlimited

Only 1

2 - 50

Only 1

Separate Legal Entity

It is a separate entity and can own assets in its name

Proprietor and business are considered the same

Liability Protection

Limited up to the total value of shares subscribed

Limited up to the value of shares subscribed

Limited up to the total value of shares subscribed

Partners are jointly and severally liable to pay the debts of the Partnership Firm

Proprietor’s liability is to pay-off all the debts and obligation of the firm

Statutory Audit

Auditor must be appointed within the 30 days of incorporation

Applicable when turnover exceeds INR 40 Lakh or contribution exceeds INR 25 Lakh

Auditor must be appointed within the 30 days of incorporation

Statutory audit not applicable. Tax audit may be applicable based on turnover

Ownership Transferability

Shares can be transferred with the consent of other Shareholders

Ownership can be changed with consent of other partners

Shares are not transferable easily

Ownership is not transferable easily, clause of partnership deed should be referred

Firm is no different from proprietor and so ownership is not transferable

Uninterrupted Existence

Perpetual existence as the management and owners are different. Ownership is easily transferable

Change in Partners or Designated Partners does not affect the existence of LLP

Perpetual existence. The nominee will take place of member

Change in partner leads to dissolution or formation of another partnership firm

Death or insolvency of proprietor directly affects the firm

Foreign Participation

Foreign national are allowed to invest under the Automatic Route

Foreign nationals are allowed, subject to FDI Guidelines

Member, nominee and director must be an Indian resident

Foreign nationals are not allowed to be a partner

Foreign Nationals cannot commence proprietorship business

Tax Rates

Tax rate applicable for small companies is reduced to 22%, dividend distribution tax applicable

With tax rate of 30% on business profit, no tax on income distribution to partners

Tax rate applicable for small companies is reduced to 22%, dividend distribution tax applicable

With tax rate of 30% on business profit, no tax on income distribution to partners

Tax rates of individual applied to Proprietorship Firm

Statutory Compliances

Companies have to meet high compliance requirements

Lesser compliance requirements compared to companies

Separate ITR of partnership is filed, else there is no filing requirement

With tax rate of 30% on business profit, no tax on income distribution to partners

No compliances and no requirement to file a separate ITR

Learn More

Here's How it Works

1. Fill Form

Simply fill the above form to get started.

2. Call to discuss

Our startup expert will connect with you & prepare documents.

3. Get Certificate

Get your company incorporation certificate

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Private Limited Company Registration Indore

Each business type comes with its own set of legal requirements and regulations and businesses should pay special attention to them before incorporating the business.