A Comprehensive Guide to Pvt Ltd Company Incorporation in Gurgaon
Setting up a business is always challenging, and forming a Private Limited Company (Pvt Ltd) is one of the prevalent legal forms of a business venture in India. If you are thinking about registering a Pvt Ltd company in Gurgaon then this guide will help you.
What is a Pvt Ltd Company?
A Private Limited Company is one of the forms of doing business that shields the owners’ liability. This amounts to the fact that shareholders’ personal assets are not at risk in the event that the company has definite debts or legal responsibility.
Procedures for Pvt Ltd Company Registration in Gurgaon
The process of incorporating a Pvt Ltd company is explained below. Here’s a breakdown of the process:
- Get Digital Signature Certificate (DSC) – Before any filing is done, the proposed directors of the company must obtain a Digital Signature Certificate (DSC). This certificate is necessarily for the purpose of signing the electron documents and forms and is necessary for incorporating the undertaken venture.
- DIN stands for Director Identification Number DIN which you have to apply for using your personal identification. Pvt Ltd company’s every director requires to have a Director Identification Number (DIN). This has to be provided and one can apply online through the MCA portal.
- Choose a Company Name – Choose a name for your Pvt Ltd company wisely. The given name must conform to the General Names cheme as prescribed by the MCA. The MCA website can assist you to determine the status of your name of choice.
- Prepare Memorandum and Articles of Association – The Memorandum of Association (MoA) and Articles of association (AoA) are important legal documents which contain the aims and objects of the company, its powers and by-laws. These documents must be drawn professionally since they outline the framework for your business.
- File Incorporation Documents – After preparing documents, the applicant must submit incorporation application online with the Registrar of Companies through the MCA e-form.
The following documents are typically required: • DSC of the directors • DIN of the directors • MoA and AoA • Proof of registered office address • Identity and address proof of directors and shareholders
- Since the company has been newly established, one should apply for the Certificate of Incorporation. After confirmation of your application and documents, the RoC will forward a Certificate of Incorporation to you. This certificate helps to confirm that your company has been registered.
- Apply for PAN and TAN – Following the registration you are required to obtain PAN and TAN for your company. These are needed for taxation.
- Open a Bank Account – After you have successfully obtained your PAN and TAN you may open a current account in name of your Pvt Ltd company.
Key Considerations
While the incorporation process is straightforward, here are a few key considerations to keep in mind:
- Compliance Requirements
- Professional Assistance
- Registered Office
Conclusion
Setting up a Pvt Ltd company in Gurgaon is one of the crucial decisions to start up a new business venture. If you are eager to start your own business in Gurgaon, register as a Pvt Ltd company today. When done correctly and efficiently through us, you will be well on your way to reaching all your business objectives!
