Private Limited Company Registration
March 13, 2024 ⚊ 1 Min read ⚊ Views 37 ⚊ BUSINESS
Private Limited Company registration is a critical process for entrepreneurs seeking to establish a business entity with limited liability in India. Governed by the Companies Act, 2013, and overseen by the Ministry of Corporate Affairs, this procedure mandates certain prerequisites. To commence registration, a minimum of two directors and shareholders are required, with a maximum limit of 200 shareholders. The process initiates with obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all directors, followed by securing approval for the company name from the Registrar of Companies (ROC). Subsequently, the Memorandum of Association (MOA) and Articles of Association (AOA) are drafted, outlining the company objectives, capital structure, and internal governance policies, and filed with the ROC along with the application for incorporation. Concurrently, statutory fees and stamp duty are remitted during the filing process.
