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93% of the companies incorporated companies are registered as private limited companies.
Get your private limited Company registration @ just Rs 2,999/- + Government Fees.
Hassle free, online registration process provided by professionals.
Get your Company within 7 working days.
A private limited company is treated as a business entity dealt completely by private ownership.The provisions of company Act 2013.For the registration of a Private limited company it is mandatory to have four roles defined sorted namely 2 Directors and 2 Shareholders. It is not necessary to have four different people to be part of the establishment, a person can act as both the shareholder and one of the directors. The primary reason to go with Private limited company is that the deed would limit the liability of the given shareholder for the unpaid amount held by the person and portrays the same in a separate legal identity. The overall procedure of registering a private limited company is smoother and effective as the costs are considerably reasonable in nature.
Private Limited Registration is the goto method of incorporating a company for people who are looking into the startup route as it is very easy to get the seeding funding from the angel investors as all the basics are legally established. The procedures are minimal with regards to documentation and are ready off the bat to get the investment from ventures hence, many people prefer going the private limited registration route.
Establishing a business as private limited company has its own set of advantage that other methods like Limited Liability Partnership (LLP), Public Limited Registration or Nidhi Registration as going private limited provides you with out of the box funding compatibility. If the company is going too venture offshore and they are awaiting investment from the same then private limited is the way to go.
At Unilex Consultants we provide you a hassle free registration process which would be dealt by our professionals within a time frame of 10 working days and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.
In a private limited company there must be a minimum of 2 people involved who would be share the roles of both shareholders & directors and to a maximum of 200 members
Legal protection for the shareholders are the main reason why businesses seek to go the private limited route.
Private Limited companies provide the best of two worlds having the legal protection as well as keeping the process simpler.
The initial capital limits the shareholders with the company in terms of theoretical value of shares and any paid in return to the set company.
Unlike normal Partnership firms, LLP firms, companies are given more recognition as they are regulated in company point of view by law.
The company would exist in succession fashion as the governmental body treats it as a separate entity in terms of law.
Passport size Photograph
Copy of PAN Card
Copy of Aadhar Card
Address Proof (Bank Statement/Mobile/Telephone Bill)
Copy of Electricity Bil
Sale Deed (if owned)
Copy of rent agreement
(if rented)
NOC
Name Approval
MOA/AOA
2 DIN
2 DSC
PAN & TAN
Certificate of Incorporation
Share Certificate
Name Approval
MOA/AOA
2 DIN
2 DSC
PAN & TAN
Certificate of Incorporation
Share Certificate
GST Registration
GST Registration
Trademark Filing
Udyog Aadhaar Registration (MSME)
Name Approval
MOA/AOA
2 DIN
2 DSC
PAN & TAN
Certificate of Incorporation
Share Certificate
GST Registration
1-2 working days
Digital Signature Certificate(DSC) is required of the proposed Directors and Subscribers of the Company and it can be obtained within 1-2 working days.3-4 working days
After obtaining the DSC and DIN of the proposed subscribers and Directors, our team will get in touch for a unique name and along with that collect all the requisite documents in scan for the incorporation of the company through the SPICE i.e INC 323-5 working days
After the name approval and review of all the documents required, we will submit incorporation Forms to MCA and once it gets approved Certificate shall be issued by the ministry and we will send the MOA & AOA, DIN via mail and DSC through courierProtection for shareholders in proper legal terms.
Open for funding from outside
India.
Proper role segregation in terms of shareholders and directors.
Minimum two shareholders are enough where as in public limited registration a minimum of 7 shareholders are mandatory.
No need to disclose the financial reports unlike publicly registered corporations.
various exemptions under provisions of Companies Act, 2013.
Minimum number of board and general meetings as prescribed under the Act
Appointment of Auditor
Statutory audit by a chartered accountant
Annual filings to registrar of companies
Maintaining Minutes and statutory registers.
Filing of ITR
S.No. | Particulars | Private Limited | One person | LLP |
---|---|---|---|---|
1 | Eligibility | Any individual may form a PLC | Only a natural person who is an Indian citizen and resident in India. shall be eligible to incorporate an OPC | Any individual and body corporate may be a partner in LLP |
2 | Taxation | Taxed at 30% plus surcharge and cess as applicable. | Taxed at 30% plus surcharge and cess as applicable. | Taxed at 30% plus surcharge and cess as applicable. |
3 | Closure/Dissolution/ Winding up | Can be initiated- Voluntarily, or By the Tribunal | Can be initiated- Voluntarily, or By the Tribunal | Can be initiated- Voluntarily by the partners or; By the Tribunal |
4 | Existence or Survivability | PLC is not dependent on the directors or shareholder. Can be dissolved only voluntarily or by Regulatory Authorities. | Existence of an OPC is not dependent on the Director or Nominee Director. Could be dissolved only voluntarily or by Regulatory Authorities. | LLP can continue its existence irrespective of changes in partners. |
5 | Credibility | High | Medium | Medium |
6 | Statutory Audit | Compulsory | Compulsory | If Contribution > Rs 25lacs or, Turnover > Rs. 40lacs |
7 | Minimum Requirement | Members-2 Directors-2 |
Member – 1 Director – 1 Nominee of Sole Member – 1 |
Designated Partners – 2 |
8 | Fund Raising Options | High | Low | Low |
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Satisfied Entrepreneurs
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Team strength
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Professional Experience
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Services delivered
Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.
MSME REGISTERED
Unilex is registered with
the Ministry of Micro,
Small & Medium
Enterprises (MSME), a
part of Government of
India.
ISO 9001:2015 CERTIFIEDUnilex is a ISO certified body, assuring the quality professional services to aspiring startups
MONEY BACK GUARANTEE Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction
GOOGLE PARTNERUnilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.
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Indore
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