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A private Limited Company Is a legal entity registered by the law according to the companies Act, 2013 which says that a private limited company means a company having minimum paid-up share capital of One Lakh rupees* or such higher as may be prescribed.

Only two (2) members are needed to are needed to incorporate a private limited company. Those 2 members will be the proposed directors cum promoters of the company.

For Directors/Shareholders

        -PAN Card

       - ID Proof (Anyone of Voter Card/ Aadhar Card/ Passport/ Driving License)

       - Address Proof (Anyone of Electricity Bill/ Mobile Bill/ Telephone Bill/ Gas Bill)


For Registered Office

  • -          If office is on rent

            Electricity Bill

            NOC (format will be shared

            Rent Agreement

 

  • -          If office is owned by Director/ Relative

          Electricity Bill

          NOC (format will be shared

          Registry Copy/ House Tax Receipt.

Procedure to incorporate a private limited company as follows:

(i)                 Apply for DSC (Digital Signature Certificate)

(ii)               Apply for DIN (Director Identification Number)

(iii)             Apply for Name (Form INC-1)

(iv)              Apply for Incorporation of the company (Form INC-7, DIR-12 & INC-22)

(v)                Get Certificate of Incorporation.

A NIDHI Company is a Non-Banking Financial Company registered under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money only between their members as it is created for cultivating the habit of savings among its members.

A Nidhi to be incorporated under the Companies Act, 2013 shall be a public company and shall have a minimum paid up equity share capital of five lakh rupees.  Nidhi Company shall not issue preference shares. No Nidhi shall have any object in its Memorandum of Association other than the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit.  Every Company incorporated as a “Nidhi” shall have the last words ‘Nidhi Limited’ as part of its name.

Minimum Seven (7) members are needed to incorporate a NIDHI company. Out of such 7 members, 3 (Three) will be the proposed director cum promoter of the company.

It takes around 15 days to incorporate a private limited company, if every documents, Name of company, and others are in order.

As per the companies Act, 2013 it was mandatory to keep the minimum paid-up capital to be Rs, 1,00,000. But, as per the latest notification from the Ministry of Corporate Affairs, such minimum criteria have been removed. So, now there is no such compulsion to have the minimum capital to be Rs. 1,00,000. Now, you may incorporate a Private Limited Company with any minimum capital you want.

Such Minimum Capital of the company needs to be deposited in the current account of the company within 6 months of incorporation of the company against the shares subscribed.


Yes, a NRI/Foreigner can be a director cum member in a private limited company but he/she needs to get all his/her documents appostiled from the Indian Embassy where he/she resides.

No, As per the companies Act, 2013 it is mandatory to have one resident Indian to be the director in the company with others NRI/Foreigners.


As per Companies Act, 2013, there can be maximum 200 members in a private limited Company.

Yes, there is no such restriction in the law to keep the resident address as the registered address of the company.

Yes, we can change the Company Address within the local city according to our wish after anytime of company incorporation just by passing a resolution and filing of Form INC-22 with the ROC.

Yes, there is no such restriction on changing the directors of the company. You may Add/Remove the directors from the company with their wish just by passing a resolution, preparing of some documents and filing of Form DIR-12 & DIR-11 with the ROC.

Yes, You may provide the registered office details within 15 days of incorporation, but one address as provisional address will be given which will be printed on the Certificate Of Incorporation.

No, Ministry Of Corporate Affairs issues the Certificate Of Incorporation in soft only. Now, there is no document which needs to send or receive in hard for incorporation of the company. The Ministry is following the initiative of Digital India where there is no need for hard documents.



A OPC private Limited Company Is a new form of business, introduced by Companies Act, 2013, thereby enabling Entrepreneur(s) carrying on the business in the sole-proprietor form of business to enter into corporate framework. One Person Company is a hybrid of sole-proprietor and Company form of business.

OPC can only be registered as a Private Limited company which means that all the provisions applicable to private companies will be applicable to an OPC, unless otherwise expressly excluded in the Act or rules made thereunder.

Section 2(62) of Companies Act, 2013 defines OPC as a company which has only one person as a member.

 



Only One (1) member is needed to incorporate a OPC Private limited company. Such 1 member will be the proposed director cum promoter of the company.


For Director/Shareholder

        -PAN Card

       - ID Proof (Anyone of Voter Card/ Aadhar Card/ Passport/ Driving License)

       - Address Proof (Anyone of Electricity Bill/ Mobile Bill/ Telephone Bill/ Gas Bill)


For Registered Office

-          -If office is on rent

  -Electricity Bill

  -NOC (format will be shared)

  -Rent Agreement


-          If office is owned by Director/ Relative:

  -Electricity Bill

  -NOC (format will be shared)

  -Registry Copy/ House Tax Receipt.


Procedure to incorporate a private limited company as follows:

(i)          Apply for DSC (Digital Signature Certificate)

(ii)        Apply for DIN (Director Identification Number)

(iii)       Apply for Name (Form INC-1)

(iv)       Apply for Incorporation of the company (Form INC-2, INC-3 & INC-22)

(v)        Get Certificate of Incorporation.