Private Limited Company

Register Your Business Online in India with Fincto - Your Complete Guide

Starting a business in India? Think about forming a private limited company, which provides shareholder liability protection and a distinctive director-shareholder separation.

As your trusted ally, Fincto simplifies the online company registration process in India, ensuring full compliance with the MCA regulations. Upon successful registration, we provide you with an Incorporation Certificate (CoI), PAN and TAN documents, paving the way for a current bank account setup and immediate business operations.

Why Register as a Private Limited Company?

Registering your business as a private limited company can unlock numerous benefits, including:

Protection from personal liability and various business-related risks and losses
Enhanced credibility, attracting a broader customer base
Easier access to bank credits and investments from trusted investors
Liability protection to safeguard your company's assets
Higher capital contribution and stability
Expanded growth and expansion opportunities

Steps to a Successful Private Limited Company Registration

Before embarking on your business registration journey, you need to ensure you meet the criteria defined by the Companies Act, 2013:

Directors

Your company should have a minimum of two and a maximum of fifteen directors, with at least one being a resident of India

Unique Name

Your business's name should be unique and not clash with existing companies or trademarks in India

Capital Contribution

While there's no strict minimum capital requirement, the company should have an authorized capital of at least ₹1 lakh

Registered Office

Whether rented or owned, your registered office must be authenticated with appropriate documentation. In case of a rented property, a NOC from the landlord is mandatory

Register Your Company with Fincto

While company registration can be a complex task with various compliance requirements, Fincto is here to simplify the process for you:

RUN Name Approval

Submit a name approval request to the MCA. After providing one or two potential names and describing your business objectives, you can expect approval within five business days.

Director's DSC

Obtain a DSC from a recognized entity for each director. Foreign national directors must apostille their passport and other relevant documents

Incorporation Application

After obtaining DSCs, submit the incorporation application along with the MOA and AOA. Post-approval from MCA, your Incorporation certificate and PAN will be issued

Stay Compliant-Post-Registration Steps

Remember, your responsibilities don't end with company registration. Adhere to the following regulations to avoid legal complications:

Auditor Appointment

Appoint a certified Chartered Accountant (CA) as your company's auditor within 30 days of incorporation

Director DIN KYC

Ensure annual DIN KYC process verification for individuals with a Director Identification Number (DIN)

Commencement of Business

Deposit the subscription amount specified in the MOA within 180 days of incorporation and create a current bank account

MCA Annual Filings and Income Tax Filing

Submit financial statements to MCA and file an income tax return every financial year

Ready to Start Your Private Limited Company? Here's What You Need:

To kickstart your private limited company, ensure the following:

Directors and Members

At least two directors (max 200 members), each with a DIN. One director should be an Indian resident

Business Name

Select a unique name representing your company's main activity

Also, prepare these essential documents for online registration:

Identity and Address Proof

Scanned copies of PAN card or passport, voter ID/passport/driving license, recent utility bill, director's passport-sized photo, and signature

Registered Office Proof

Provide your business's permanent address, be it residential or commercial

Why Choose Fincto?

Fincto provides a streamlined, completely online solution for private limited company registration, which includes:

DIN and DSC for two Directors
Drafting of MoA & AoA
Registration fees and stamp duty
Incorporation certificate (COI)
Company PAN and TAN
Zero balance current account
GST Registration
EPF & ESIC Registration

Trust Fincto to simplify your business formation process, enabling a seamless transition from idea to a legally recognized entity. Get ready for a well-informed, growth-oriented entrepreneurial journey with Fincto.

Understanding Key Terms

Amendment

A modification to the existing provisions of a corporation's articles of incorporation

DSC (Digital Signature Certificate)

Issued by certifying authorities for electronic document signing

Board of Directors

The elected governing body responsible for a corporation's operation

Certificate of Incorporation

The document filed to create a corporation

DIN (Director Identification Number)

A unique identification number for directors

Dissolution

The process that legally ends a corporation's existence

Incorporation

The act of forming a corporation under specific jurisdiction laws

Limited Liability Company (LLC)

An entity with limited personal liability and pass-through taxation

Limited Personal Liability

Protection from the debts and claims against a company

Name Reservation

Process to secure exclusive use of corporate name for a specific period

Registered Office

The statutory address of a corporation

Testimonials

Customer feedbacks

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