Private Limited Company Registration in Noida

Not later, not tomorrow, but right now!

PVT LTD Company Registration in Noida is simple when handled by Taxlegit.

Choose the fastest business service provider in Noida. Choose Taxlegit.

We offer a quick and affordable service to register a private limited company entirely online. Thousands of businesses in India’s major cities rely on our services.

Private Limited Company registration is the most common legal structure option for Indian businesses. A private limited company can have as few as two members and as many as two hundred.

Benefits Private limited company registration

 

  • Limitation of Liability
  • Ownership is easily transferable.
  • Succession in perpetuity
  • Tax advantages

Documents Required for Private Limited Company Registration 

  • Photographs of directors in passport size.
  • Directors’ Identity Documentation (Any one document voter id, passport, Driving license).
  • Proof of Directors’ Address (Any one document- Rent agreement, electricity or bank statement).
  • Evidence of the registered address
  • Directors’ PAN Card

Let the rocket take off to mark your new company’s milestones and successes.

Begin your prosperous start from ground by registering your Private Limited Company with Taxlegit’s specialized professionals. Taxlegit being a trustworthy firm offers cost effective personalized services to fulfill your requirements.

We take hold of all the legal formalities and comply with Ministry of Corporate Affairs rules. Post-registration you get Certificate of incorporation (COI) and you can commence your feasible business operations.

Make your golden headway today.

Overview

A Private Limited Company is a legal ownership which is one of the highly recommended means for startups in India.

Once a company’s registration is done under the act, a legal entity is born in the eyes of law. This gives the company a legal identity independent from its owners. As a result, significant benefits such as the power to contract in its own name and the power to shield owners’ personal assets from business obligations are inherited. A pvt ltd firm requires minimum of 2 members and maximum 200.

Taxlegit experts can help you in better understanding the “Pvt Ltd company registration process in India”.

Benefits of private company registration

You get a lot of perks, as you go for registration under the Companies Act 2013

No minimum capital

As per the point of view of private limited company registration, there is no minimum capital required for incorporating a private limited company. As per company law 2013, you can start a private limited company with 0 paid-up capital.

Shield personal assets from business obligations

In the case of a Private Limited Company, shareholders tend to have limited liability to the extent of their contribution of capital. Therefore, even in the case of loss under any circumstances, the shareholders are not liable to sell their own assets for repayment and individual assets of the shareholders are not at risk.

Ease in raising funds

Private Limited Company is a separate legal existence. Its registration process is robust enough to gain credibility among potential investors, making fundraising and borrowing from external sources easier. It increases their potential to grow big and expand the company. A company has a variety of options to raise finance for eg. Right issue, loans, debentures, angel investors, venture capitalists , deposits, ESOP’s/MSOP’s/PSOP’s etc.

Perpetual succession

A company has ‘perpetual succession’, that is continued until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership. Perpetual succession is one of the most important characteristics of a company.

      Free and easy transferability of shares

Shares of a company limited by shares are transferable by a shareholder to any other person.  Filing and signing a share transfer form and handing over the buyer of the shares along with share certificate can easily transfer shares.

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.

Allowance of FDI

In Private Limited Company, 100% Foreign Direct Investment is allowed that means any foreign entity or foreign person can directly invest in a Private Limited Company.

Checklist for private company registration

  1. Unique name for the company
  2. PAN card for all the directors
  3. Aadhar/Identity proof of the directors
  4. Passport size photographs of the directors
  5. Address proof of the business place, rent agreement along with electricity bill/water bill.

To start a company, you must complete out our simple company registration form and submit the required paperwork.

  1. Application for DSC

All the partners must apply for digital signature to submit the forms to MCA and signing the Articles of association (AOA) and Memorandum of Association (MOA).

  1. Get the name approved:

Provide three unique names for the company to be filed with MCA.

  1. AOA and MOA submission

After name approval, draft MOA and AOA having the object and details of the business and director is filed with the MCA in the forms prescribed by MCA.

  1. Certification of registration:

The registrar of company after assessing the form filed, will issue the incorporation certificate within 5-7 days. The PAN and TAN assigned by the income tax department are included in the certification of incorporation.

Here are some points differentiating the Private Limited Company with a Limited Liability Partnership based on their Incorporation and Compliance Requirements.

Difference between PVT and LLP Company

ParticularsPVT LTD LLP
Name Application

Name Application made via

SPICE+ Part A by paying Government Fees RS.1000/-

Name Application made via

RUN Service by paying Government Fees RS.200/-

MCA FormsSPICE+ and their attachment FormsForm for incorporation of Limited Liability Partnership
DIN ApplicationUpto maximum of 3 DIN applications can be made viaUpto maximum of 2 DIN applications can made via
PromoterMinimum 2 members required up to a maximum of 200Minimum 2 partners and no maximum limit
Director/ Designated PartnerMinimum 2 directors required up to a maximum of 15Minimum 2 designated partners and no maximum limit
MCA FeesRS-131/- + stamp duty as per authorized capital and the stateRS-500/-
Time to Incorporate CompanyNormally 4-7 working daysNormally 3-5 working days

Benefits of Private Limited Company

Why Taxlegit

Taxlegit is one of the platforms which coordinate to fulfill all your legal and financial requirements and connect you to expert professionals. Yes, our clients are happy with our legal service! We provide our best packages to clients. Taxlegit employs qualified company secretaries and chartered accountants, who ensure the highest customer satisfaction and timely delivery of service. The Package Includes-

  • DIN & DSC of Two Directors
  • Drafting MOA & AOA
  • Registration Fees & Stamp Duty
  • Company Incorporation Certificate
  • Company-PAN TAN

Compare Different Business Structures to Choose the Right Entity Type

ParticularsPvt. Ltd CompanyLLPOne Person CompanyProprietorshipPartnership
Minimum Number of Members22112
Maximum Number of Members200Unlimited1150
Perpetual SuccessionYesYesYesNoNo
Separate Legal EntityYesYesYesNoNo
Transfer of OwnershipYesYesNoNoNo
Statutory CompliancesHigherModerateModerateLesserLesser
Tax Rates in IndiaModerateHighModerateLowModerate
Compulsory AuditYesYesYesNoNo
LiabilityLimitedLimitedLimitedUnlimitedUnlimited

Frequently Asked Questions:

No, you'll no longer want to be physically present in any respect. As you know all documents are filed electronically so you would not be physically present during the process.

Yes, a minimum of 2 directors is needed to form a private limited company.

To form a Pvt. Ltd Company the minimum capital required INR 1 lakh rs.

  • Taxlegit can form a Private Limited Company in 14-15 days.
  • It all depends on the applicant if the applicant provides all the required documents at the same time and the speed of approvals to form a government.

Yes, the Pvt. Ltd Company can be registered at the owner’s home address.

  • DSC stands for the digital signature certificate.
  • This certificate is provided in the form of a token.
  • This token is issued under the certified authorities.
  • The directors require DSC to fill the form of DIN application.
  • DIN stands for Director Identification Number.
  • It is a unique number that is given by the Ministry of Corporate Affairs to those whose individual name applications are made.

A person who is above 18 years of age can become the director in the company after obtaining Director Identification Number(DIN).

  • Yes, each enterprise must be registered under the Companies Act, Private Limited Company, or a Public Limited Company. Every corporation should get it audited each year.
  • The Board of administrators will hire the primary auditor after the incorporation of the corporation.

Accordingly, the non-public confined corporation tax price has been constant at 25% and 30%. Private constrained enterprises with a total turnover of up to Rs. 50 crores at some point of the preceding 12 months are taxed at 25% of total income