Private Limited Company

“Shlok Tax Wala” specializes in facilitating Private Limited Company Registrations in Delhi. With our expertise, your registration can be completed within just 7 days, ensuring full compliance with all regulations governed by the Ministry of Corporate Affairs and the Companies Act. Trust us to streamline the process and provide comprehensive support for your business establishment.

Let's make your ordinary company a Private Limited Company!

Let's Get Started
Enter your details below for a Demo
Please enable JavaScript in your browser to complete this form.

Private Limited Company

At Shlok Tax Wala, we specialize in expediting the registration process for Private Limited Companies, the preferred business entity for many privately held enterprises. Governed by the Ministry of Corporate Affairs (MCA) and regulated by the Companies Act, a Private Limited Company offers limited liability protection to its shareholders.

Our efficient process ensures your company’s registration is completed within just 3 days, accompanied by meticulous compliance adherence. Opting for a Private Limited Company through Shlok Tax Wala grants you the advantages of limited liability while maintaining operational flexibility and confidentiality.

Rely on Shlok Tax Wala to guide you through each registration step, ensuring full compliance with regulatory requirements and providing assurance as you embark on your business journey.

Why choose Private Limited Company?
Choosing a Private Limited Company structure offers numerous advantages:

 
  1. Separate Legal Entity: Shield yourself from personal liability as the company is treated as a separate legal entity.
  2. Tax Benefits: Enjoy lower income tax rates compared to other business structures.
  3. Tax Deductions and Allowances: Access more tax deductibles, allowances, and cost-saving opportunities.
  4. Funding Options: Expand your funding avenues with options like private equity investment and Employee Stock Ownership Plans (ESOPs).
  5. Start-up India Scheme: Avail benefits under the Start-up India scheme initiated by the Government of India, fostering growth and innovation.
  6. Share Transferability: Facilitate quick and hassle-free transfer of shares, enhancing liquidity for shareholders.
  7. High Credit Rating: Attain a high credit rating, making it easier to secure funding from banks and financial institutions.
  8. FDI Allowance: Benefit from 100% Foreign Direct Investment (FDI) allowance, attracting foreign investment to fuel growth and expansion.

Papers & Forms Required

For Directors and/or Shareholders:

  • Identity Proof of Directors & Shareholders 
  • Address Proof of Directors & Shareholders 
  • Proof of Nationality for Foreign Nationals
  • Latest Electricity bill, telephone bill & Bank statement of directors
  • Photo of directors and shareholders
  • If the property is on rent, then the rent agreement with NOC from the landlord
  • MOA & AOA

For Directors and/or Shareholders:

  • Latest Electricity bill / Telephone bill / Legal Ownership.
  • Rent agreement with NOC from the landlord if the property is on rent.

Mandatory Requirements

  1. Minimum 3 Directors holding a valid DIN (Director Identification Number)
  2. Minimum 7 shareholders
  3. 1 Director must be an Indian Citizen and Indian Resident
  4. Unique Company Name
  5. Minimum authorized capital of INR 5 Lakh
  6. DSC of every director

Registration Process

  • STEP 1

    1. Reserve a unique name
    2. Name should be valid as per Company Act, 2013
    3. Approved name is valid for 20 days from the date of approval for a new company registration

  • STEP 2

    Apply for the DSC 

  • STEP 3

    Filing of SPICe form

  • STEP 4

    1. Papers & forms submission to ROC along with MOA & AOA
    2. Mandatory requirements should also be complied before submission

  • STEP 5

    Apply for PAN & TAN of the company

  • STEP 6

    ROC will issue COI if the Forms are in order

  • STEP 7

    Open a current bank account on the company name

Annual Compliances by Private Limited Company

Private Limited Companies are required to maintain stringent compliances post-registration, which vary for listed and unlisted companies:

For Unlisted Private Limited Companies:

  • Conduct Board Meetings
  • Appoint Auditor
  • Hold Annual General Meeting (AGM)
  • Appoint CEO/CFO/CS
  • Comply with CSR requirements
  • Disclose financial interests

For Listed Private Limited Companies:

  • Conduct AGM
  • File financial statements and annual returns
  • Adopt financial and directors’ reports
  • File Income Tax Return (ITR)
  • Submit Secretarial Audit Report
  • Comply with SEBI regulations

Adhering to these annual compliance requirements ensures that the Private Limited Company operates within the legal framework and maintains transparency and accountability.

Frequently Asked Questions

How can you get your company Registered?

You can get it easily by using our expert services, it will usually take 7-10 days. You are required to fill a simple 10 min questionaries’ on our website.

Q: What will be the cost to get a company registered?

We have various packages available starting at INR 7,500/- to carry out the registration process.

Does this process require physical presence?

No, this is completely online process. All papers and forms will get filled electronically. You just need to send us scanned copy.

How much time Shlok Tax Wala generally takes to get the registration done?

 It will not take longer than days subject to the availability of the papers and forms.

Can NRI's and foreign nationals register a company in India?

Yes, subject to the Foreign Direct investment norms set by RBI. However, it is mandatory to have one Indian national director.

Do we need to have an Indian address to get it registered in India?

Yes, every company registered in India must have registered office in India.

How to check the name availability for my company?

You can take Ontaxco expertise help to get the clarity on availability of name.

How will I get the registration?

It will be provided as a PDF given by MCA.

Does it required GST registration also?

Companies dealing with ecommerce operations/interstate activity and companies having turnover more than 40 lakhs are required to get themselves registered. GST Registration takes just 4 days with Shlok Tax Wala.

Can private limited company carry out multiple businesses?

If it is mentioned in MOA and approved by the registrar of company, then it is possible to carry out multiple businesses.

Who can be a director?

He/she should be of 18 years or older and should hold a DIN (Directors Identification Number).

What is limited liability protection?

You will be responsible to the extent of your investment in the company. Personal assets will not be taken in case of bankruptcy.

What is MOA & AOA?

MOA is memorandum of association contains the details of main/ancillary and other objects of the company. AOA is article of association contains the details of rules and procedure to conduct a business along with the details of authorized share capital.

Can a home address be used to register a private limited company?

Yes, but you are require to submit utility bill copy for the same.

Do we require to pay the stamp duty?

Yes, stamp duty charges are imposed by the state in which registered office are located. However, this is covered in Shlok Tax Wala plan.

If I have a DSC or DIN, will the package value remains the same?

In that case our expert will offer you some concession or discount.