1Your business requirement
Placeholder: add the first situation in which this service applies.
Company registration
Private limited company registration service by one of the top company registration consultants in Chennai, for proper documentation for easy approval of company registration.
What this Service Includes
- Private limited company registration with authorised capital up to 10 Lakhs.
- MOA, AOA
- Digital signature for 2 person
- Din for 2 person
- 1 Name approval application
- PAN & TAN no
Documents required
- Aadhaar card/ voter id of all proposed directors
- Bank statement/ Telephone Bill
- Passport size photo
- Name options
- Proof for business address
- E mail id and mobile no of directors
- Nature of business
- 4 unique name as per MCA guidelines
When you may need Company registration
2Your records or filing
Placeholder: add a relevant document, filing or compliance trigger.
3Your next step
Placeholder: explain when a client should contact Right Auditor for this service.
Advantages of private limited company
Limited liability
The most top advantage of private limited company is limited liability, limited liability protects its shareholder for unlimited claim, shareholders are liable only for the amount of unpaid share capital.
Branding
Private limited company projects itself as a brand due to its unique name and suffix "Private Limited". When compared to partnership firm and other forms of business, private limited company enjoys edge over others in branding with easy ability for marketing etc. In general private limited company is viewed as a proper form as business by general public.
Credit worthiness
Private limited company enjoys superior credit worthiness, banks and other financial institution considers private limited as properly organised and monitored form of business therefore banks prioritize loans to private limted company.
Easy to expand
Venture capitalists and investors always considers private limited company for investment, it is flexible to add share holder or director in private limited company, based on the terms of contract between investors either he/ she can be added as shareholder or director.
Seperate legal entity
Private limited company is seperate from its members, it can enter in to transactions, buy or sell property in its own name.
Perpetual existance
Private limited company exists irrelevant of its members goes out or comes in, private limited company cannot be winded up automatically just for the reason members fall below 2 persons, where the no of members are below statutory limit it needs to be filled up within statutory time limit.
Steps in private limited company
Advisory for business setup
Client will be provided with professional consultation before proceeding to preperation for private limited company registration.
Application for name approval
Name approval is the important and foremost step in private limited company registration process, proposed name will be checked for availability and other naming guidelines.
Application for digital signature
Digital signature for the client will be applied and client will be guided for video recording and other process.
submission of documents
MOA AOA and other documents are prepared along with DIN application for submission on MCA portal.
Status tracking
After the documents are submitted, status is checked for approval or resubmission. On approval certificate of incorporation and other details will be shared to the client.
Final consultation
Once private limited company is approved client will be provied with final consultation regarding other compliances required.
Private limited company registration FAQ's
Select a question to read the answer.
01Can I register private limited company name same as my partnership firm ?
Name approval is subject to naming guidelines, in case of fresh company is to be registered, the name should be unique should specify the nature of business clearly.
02Can a private limited company registered with foreign citizen ?
There should be minimum one Indian citizen to register a private limited company.
03Can private limited company issue shares?
Private limited company cannot issue shares to public, it cannot issue public notice of offering to public to subscribe its shares. Members of private limited company are added from closed groups that is already known circle of the promoter.
04Do I need to physically present for registering private limited company ?
As per the Companies Act 2013 the documents should be verified by professional for authenication, all other process such as application for digital signature submission of documents can be processed in online medium such as e-mail.
05My existing DIN number is deactivated, can I apply new private limited company?
A person can have only one DIN number, therefore if the existing DIN number is deactivated it is must to activate the DIN number before proceeding to start the private limited company registration process.