A private limited company is a privately held company for small entities. This type of business entity limits the owner’s liability for its shareholders, the number of shareholders to 200, and prohibits shareholders from trading shares in public.
Documents required For Private Limited Company Registration
The following documents required for private limited company registration in Karur
1. Pan
2. Government ID Proof – Voter ID or Passport or Driver’s License
3. Bank statement
4. Utility bill by mobile or gas or electricity
5. Passport size photograph
6. Sample signature – Director’s signature on the blank document
Process of Private Limited Company Registration
The following steps are taking for private limited company registration in Madurai
Step 1:
Get DSC (Digital Signature) Digital signatures are requiring to file forms for the formation of the company. The registration process is online and requires digital signature for the forms. The DSC is mandatory for all witnesses in the Memorandum and Articles of Association. You must obtain digital signature certificates from government accredited agencies. A list of such certified agencies can be access here. The cost of obtaining a DSC varies depending on the certifying agency. You must obtain a DSC Class 2 or Class 3 category. Under the Category, a person’s identity is verified against a pre-verified database while under a Category 3, the person is required to present himself before registering an authority to prove his identity. To acquire DSC
Step 2:
For private limited company registration in Madurai apply for DIN (Director Identification Number) DIN is the identification number for the director. It has to be acquire by anyone who wants to be a director by any company. One DIN is enough to become a director in any company.
3 ways to get DIN:
Option 1: File Form DIN3 .. This form requires basic details like proof of identity and address such as the page, Aadhaar card of the proposed director. This option is only available to existing companies. This means that from January 2018, the applicant is not require to file DIR-3 separately. Up to three directors can now apply for the DIN Spy form.
Option 2: In addition to filing Spice, DIN is assigned to the proposed director who does not have DIN Under this process of filing by SPICE+ (INC32), a maximum of three directors can apply for DIN. If the applicant wants to join a company which does not have DIN with more than 3 directors and more than 3 persons. In such a situation the applicant has to include the company with 3 directors and appoint a new director after the investment.
Option 3: Click on the link and let the Cleartex expert get the DIN for you. If you go for a private limited company – registration with Cleartex, 2 are covered in the DIN plan and there is no need to apply separately for the DIN.
Step 3:
Name approval for private limited company registration in Madurai
To get the name approved, there are the following options:
Option 1: Incorporate Company by RUN (Reserve Unique Name) Form: In an effort to simplify the process for new and existing companies, the Ministry of Corporate Affairs (MCA) has introduced the RUN web service for inclusion of a company. Rune offers only one opportunity to apply and in case of name rejection due to any similarity of name with registered company, LLP or trademark or compliance with Companies (Incorporation Rules) 201 non, there is no other possibility. Available. This means you must confirm the proposed name and follow the existing trademarks to avoid disapproval guidelines, rejection. The applicant will have to re-fill the second RUN form with the prescribed fee.
Step 4:
Form Space (INC-32) The Ministry of Company Affairs has introduced Form SPC (INC-32). It is a simple proforma for incorporating a company electronically.
Benefits of Private Limited Company Registration
Application for allotment of DIN (Director Identification Number)
Company name reserve
Involvement of a new company
Application for page and text
Prior to May 2015, many documents like DIR-3 to get DIN (Director Identification Number) for registration of companies, INC-1 to get name, INC-7 to register with the company were required to be filled. The Memorandum and Articles Association form the INC-22 for registered office fees and, finally, the DIR-12 for the director. Now, all these forms have merged together.
A professional’s digital signature is requiring to fill out the INC-32 form. The professional must certify that all information provide in the form is correct.
Implemented from January 2018, the new name approval process “Run” notified and e-form INC-1 excluded. INC-7 form excluded. The only way to get company involve is through Spice. There is no ROC fee for company inclusion up to 10 lack of authorized capital.
Step 5 :
For private limited company registration in Chennai e-MoA (INC-33) and e-AoA (INC-34) e-MoA refers to the Electronic Memorandum Association f Association and eAoA is the Electronic Articles Association f Association. These forms have been introducing to simplify the process.
Step 6:
PAN and TAN Application for private limited company registration in Karur.Through this single form SPICE+, you can also apply for the company’s PAN and TANN using Form 49A for PEN and 49B for TANN. The system will auto-generate these forms after submitting the SPICE+ form. All you have to do is download it, affix the digital signatures and upload both the forms on the MCA portal. If all the details of the form filled in properly along with the required documents, the MCA will allow registration and CIN (Corporate Identity Number) will be allotted. You can also track this CIN online on the MCA portal.