PVT LTD Company Registration

Do I need to be physically present during this process?
No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

How much time is needed for setting up a private limited company in India?
If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

What are the rules for picking a name for a private limited company?
The Registrar of Companies (RoC) across India expect applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.

What documents are required for private Limited company Registration?
All directors must provide identity and address proof, as well as a copy of the PAN Card (for Indian Nationals) and Passport (for foreign nationals). No-objection Certificate must be submitted by the owner of the registered office premises.

What is a DSC?
The DSC is an instrument issued by certifying authorities (TCS and n-Code are two of them) by which you can sign electronic documents. As all documents needed are electronic, partners need a DSC.

Does a private limited company have continuous existence?
Yes, so long as the annual compliances are met, the private limited company will continue to exist. If you do not comply with the requirements, it will go dormant, until it is struck off the register altogether.

How much does it cost to run a private limited company?
The can be divided into four categories: cost of setting a private limited company, cost of accounting and auditing, cost of compliance and miscellaneous expenses. At the very minimum, you can expect to spend Rs. 20,000-40,000 on all of these.

Is it necessary to have a company’s books audited?
Yes, a private limited company must hire an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation. Compliance is important with a private limited company, given that penalties for non-compliance can run into lakhs or rupees and even lead to the blacklisting of directors.

What are articles of association and memorandum of association?
These documents contain the rules, vision and mission of your organization, and define, among other things, the exact business and the roles and responsibilities of shareholders and directors.

Are two directors necessary for a Private Limited Company Registration?
Yes, a minimum of two directors are needed for a private limited company. The maximum members can be 200. You can register as a One Person Company, if you are the sole owner of the company.

Who can be in a Private Limited Company?
Any individual/organization can become a member of a private limited company including NRI/foreigners. Nonetheless, the individual must be 18+ above in terms of age and should hold a valid PAN card.

What is the minimum capital needed to form a Private Limited Company?
There is no minimum minimum required for starting a private limited company.

Can the director of a private limited company also be a salaried person?
Yes, a salaried person can become the director in private limited, LLP or OPC private limited company. One needs to check the employment agreement if that allows for such provisions. In a lot of cases, the employers are quite comfortable with the fact that their employee is a director in another company.

Can limited liability partnership (LLP) be converted to a Private Limited Company?
No, one cannot convert an LLP into a Private Limited Company as it is not registered with the MCA. The LLP Act, 2008 and the Companies Act, 2013, both don’t have any provisions on conversion of the LLP in a private limited company. However, if one wants to expand their business they can register a new Private Limited Company with the same name. The LLP Company needs to just issue a no objection certificate.

What is the time taken by bkgraphy.in in forming a Private Limited company?
Bk Graphy can integrate a Private Limited Company in 15-30 days. The time taken also depends on the relevant documents provided by the applicant and the speed of approvals from the government. To ensure a speedy registration, kindly pick a unique name as the proposed Company name and also ensure that you have all the required documents prior to the starting of the registration process.

Can NRIs/Foreign Nationals become Director in a Private limited Company?
Yes, a NRIs and Foreign National can become Directors in a Private Limited Company. They need to get a DIN from the Indian ROC. They can also be a majority shareholder in the company. Provided at least one Director on the Board of Directors should be an Indian Resident.

Does one have to be present in person for the incorporation of a Private limited Company?
The entire procedure is done online and one does not have to be present at our office or any other place for the incorporation. A scanned copy of the documents have to be sent via mail. They get the company incorporation certificate from the MCA via courier at the business address.

A Private Limited Company called a separate legal entity. Why?
A company is a legal entity and like a different person established under the Act. It is treated as a different person which can own a property and have debts or creditors. The members (Directors/Shareholders/) of a company have no liability to creditors of a company in a case company is unable to pay the debts.

Can one register a Private limited company on their home address?
Yes, one can register the company at their residential address. One requires to submit the utility bill copy of the same.

If there are no partners available, then can one register their family members in the company?
Yes, it is a good to register a family member as a partner. At a later stage one can change this or transfer shares of the directors.

Do you want to start Foreign Limited Liability Partnership (FLLP)?
By filling Form 27 (Registration of particulars by Foreign Limited Liability Partnership (FLLP), any foreign LLP may establish its place of business in India. The eForm has to be digitally signed by the authorized representative of the FLLP. There is no are mandatory requirement to apply and obtain DPIN or DIN for the Designated Partners of the FLLP but the DSC of the authorized representative is obligatory.

Do you wish to convert an existing Private limited / unlisted public company into LLP?
Any unlisted company/ private company that is eager to convert into a LLP needs to apply through Form 18 (Application and Statement for conversion of a private company/ unlisted public company into limited liability partnership (LLP). Form 17 needs to be filed along with the Form 2 (Incorporation document and Subscriber’s statement).

Are you keen to convert an already existing partnership firm to a LLP?
All existing partnership firm that are willing to get converted into a LLP have to apply through Form 17 (Application and statement for the conversion of a firm into LLP. The Form 17 needs to be filed along with the Form 2 (Incorporation document and Subscriber’s statement).

Are you keen to start an Indian LLP?
To register an Indian LLP, one needs to apply for a Designated Partner Identification Number (DPIN) first. This can be done by filing an eForm for acquiring the DIN or DPIN. One would then be required to acquire their Digital Signature Certificate and register the same on the portal. Subsequently, one needs to get the LLP name approved by the Ministry. Once the LLP name is approved, a LLP can be registered by filing the incorporation form.

How can one register a section 8 company?
Registering a Section 8 Company is quick, easy, and can be done online with Vakilsearch in 3 simple steps:

• We address all your queries about entity selection and guide you to choose the most appropriate one.
• We help you get the entire process of filing and registration completed.
• We will register the NGO and handle all the formalities (Trust Act, Society Registrations Act or the Companies Act, depending on the entity chosen).

How can one register Part 1 Company?
In order to register a Part 1 Company, the applicant is required to file Form INC-1 for the name availability, first. After the approval of the same, the applicant is then required to file Form No. URC-1 along with filing e forms INC-7, INC-22 and DIR-12 or e-forms INC-7 and DIR-12 as the case may be.