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Forbes Modern India
Games Changer 2020

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10,752+ Five Star
Google Reviews

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Serviced 180,000+
Startups Across India

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Saved Crores of Rupees
& Millions of Startup Hours

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Best Mobile App
Convenience

HERE'S HOW IT WORKS

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1. Fill Form

Simply fill the above form
to get started.

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2. Call to discuss

Our startup expert will
connect with you & complete
legalities.

Our startup expert
will connect with you
& complete legalities.

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3. Get Incorporation

Get your company
incorporation

Get your company
incorporation

PERKS & BENEFITS OF INCORPORATION A PVT. LTD.

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Limited liability protection to directors personal assets

Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In a private limited company, only investment in business is lost, personal assets of the directors are safe.

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Better image and credibility in the market

Private limited company is popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies prefer to deal with Private Limited Company instead of proprietorship or normal partnerships.

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Easy to raise funds and loans

Pvt. Ltd. company enjoys wide options to raise funds through bank loans, Angel Investors, Venture Capitalists, in comparison to LLPs and OPCs.


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Favorite business structure for investors

Investors love to invest in Private Limited companies as it is well structured and less strings attached. Most important it is very easy to exit from a private limited company.

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Easy to attract employees

For startups putting together a team and keeping them for long time is a challenge, due to confidence attached to private limited structure, it is easy to hire people as well motivate them with corporate designations and stock options.

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Easy to sell

Private Ltd. is easy to sell, very less documentation and cost is involved in selling a Pvt. Ltd. company.

MINIMUM REQUIREMENTS

    Minimum 2 Shareholders

   One of the Directors must be Indian Resident

   DSC (Digital Signature Certificate) for 2 Promoters & 1 witness

   Minimum 2 Directors

   Suggested Authorised Share Capital 20,000 (INR Twenty Thousand)

   The directors and shareholders can be same person

   DIN (Director Identification Number) for all Directors

FINAL DELIVERABLES

checked icon    DIN for 2 Directors

checked icon   Digital Signature Token for 2 Promoters & 1 witness

checked icon   Company Name

checked icon   MOA + AOA

checked icon   Incorporation Certificate

checked icon   PF + ESIC + Professional Tax

checked icon   Customized Incorporation Master File

checked icon   Company PAN Card

checked icon   Company TAN/TDS

checked icon   Bank Account Opening Support

checked icon   Domain + Web Hosting + 10 E-mail ids for 1 year

checked icon   Surprise Benefits for 2 Partners for Rs. 2 Lac each

WHY STARTUPWALA

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Forbes

Modern India Game
Changer 2020 List

Five Star Google Reviews icon

10,752+

Five Star
Google Reviews

Startups Served Across India icon

180,000+

Startups Served
Across India

Record of Highest Company Incorporation icon

Record

of Highest Company
& Trademark Filings

Years of Startup Centric Legal Expertise icon

14+

Years of Startup
Centric Legal Expertise

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3,000+

Filings
Every Month

100+ team members icon

100+

Team Members
at your service

Best mobile app convenience icon

Best

Mobile App
Convenience

WHY STARTUPWALA

Forbes icon

Forbes

Modern India Game
Changer 2020 List

Five Star Google Reviews icon

10,752+

Five Star
Google Reviews

Startups served icon

180,000+

Startups Served
Across India

Registrations icon

Record

of Highest Company
& Trademark Filings

11 Years of startup centric legal expertise icon

14+

Years of Startup
Centric Legal Expertise

Registrations done icon

3,000+

Filings
Every Month

100+ team members icon

100+

Team Members
at your service

Registrations done icon

Best

Mobile App
Convenience

Startupwala review icon Startupwala review icon

180,000+ STARTUPS TRUST US

180,000+ STARTUPS
TRUST US

Startupwala Client Review

Mr. Bikash Garabadau

Founder, Cosmo Trade
Bhubaneswar, Odisha
4.8 star rating icon star rating icon star rating icon star rating icon star rating icon
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There was a little bit of anxiety and doubt when I contacted them as I was from one side of the country and they were from other side and I was new to online filing and documentation process. But the service I got from them was marvelous. These guys are so professional, that I never felt to be new to them. The execution of papers, documentation and processing was first class. They finished the assignment before committed time and pricing is absolutely affordable and value for money.

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LET'S CLEAR ALL THE DOUBTS!

1. What details are required to set up a Pvt. Ltd. company in India?

You need to arrange very simple details of directors like photograph, Pan card and one address proof. For more details, please fill the above details and

2. Do I have to have office (commercial) space to start a Company?

No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of the Company. This office address can be changed at any time after incorporation of the company. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office.

3. Is Private Limited Incorporation to be renewed every year?

No. Once the company is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year companies have to file very basic returns with ROC office.

4. What is a DIN?

Director Identification Number (DIN) is a unique identification number required for a person to become a director of a company. DIN is issued by ROC office (Ministry of Corporate Affairs)
It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a director of a company.

5. What is a DSC?

A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used in physical documents.

6. What is Company name search? Why it is important for new Incorporation?

Company name is very important part in registration of company. The company name is divided into 3 Parts:

  1. Keyword (brand name like TATA or Flipkart)
  2. Activity word(i.e. showing nature of business like Software)
  3. Business Type word (i.e. Pvt. Ltd. or LLP). For Incorporation of company, the suggested name should not match with existing companies or trademark.

7. What is MOA & AOA of company?

MOA means Memorandum of Association and AOA means Articles of Association. These are the byelaws or rules based on which important matters like main business of the company or meetings is decided. These are standard legal documents prepared by Company Secretaries during registration of the Company.

8. What is capital of the Company?

Capital means investment made by shareholders into the company. Authorised capital is an amount up to which company can issue shares. This capital is mentioned during incorporation of the company based on which ROC registration fees and stamp duty is paid. Paid up capital is an actual investment which goes from shareholders into company bank account, against which share certificate is issue by the company.

9. Do we have to deposit Share Capital in a Bank at the time of Incorporation?

No. After company is registered, it need to open a company bank account and then anytime within two months of incorporation, capital can be deposited into Company bank account.

10. Does my business have to have some level of turnover to start Private Limited?

This is not true, a Private limited company is one of the mode of doing business, which means it can be started from scratch. For that matter even after incorporating a private limited there is no obligation that the company must have sales or turnover.

11. Does PF, GST is automatically applicable to Private Limited?

There is no automatic applicability. Provident Fund (PF), GST applicability is same for all types of businesses like sole proprietorship, partnership firms and companies. These laws are applicable only after crossing certain threshold limits.

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