IT IS HIGHLY PREFERRED BY STARTUPS.
A private company, sometimes called a privately held company or a close corporation, is a type of business owned either by a non-governmental organization or by a small number of owners. It can be registered with only 2 promotors who can also be shareholders of company. It limits owner liability to their shares only. Maximum number of shareholders can be extended to 200.
Jsd incorporation offers affordable and quick services to register the private ltd company through online process at an affordable price that help to save your valuable time and money. Private Ltd company registration is one of the most famous and preferred lawful entities in India. In other words, it’s a legitimate company registration in India with the service of ministry of corporate affairs and gives you rights for working anywhere in India or outside.
Our highly experience team of CA & CS can not only help your register your private limited company, but can also guide you through the year to ensure compliance. We have customized package to suit your need and budget. We highly recommend to read the benefits of each plan and take your decision based on both short term and long term requirement of your new company registration. Speak or chat with our team today.
Choose Your Package
Our flexible pricing options make it easy to get started.
Silver
₹ 5899
- 2 Class 2 DSCs with 2 year validity
- 2 Director Identification Numbers
- Name Approval in SPICe+ Form
- 1 Lakh Authorized Capital
- Incorporation Fee
- Stamp Duty
- e-MOA and e-AOA
- Certificate of Incorporation
- Company Identification Number (CIN)
- PAN Number
- TAN Number
Gold
₹ 9999
- Silver + Below
- 1 Seperate Name Approval
- GST Registration
- ESI & PF Registration
- MSME Registration
- Bank Account Opening Support
- First Auditor Appointment
- Commencement of Business Certificate
Platinum
₹ 29999
- Gold + Below
- Bookkeeping
- Financial Statement Preparation
- Annual Report
- Director's Report
- Board Resolution Preparation
- MCA Annual Return Filing
- Income Tax Return Filing
- 1 Year GST Return Filing
- 1 Year GST Return Filing
- 1 Year Dedicated Compliance Manager Support
Advantages of Private Limited Company Registration
Easy Fund Raising
Pvt. Ltd. Company registration process is stringent enough to make this structure credible among others which makes fundraising or borrowing from external sources easier. The organization itself provides a number of ways to raise funds in the form of private equity, ESOP, and more.
Separate Legal Existence
Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.
Owners’ Limited Liability
The company’s obligation or debts of does not create a charge over the owner’s personal assets. Their liability stays limited only to the capital subscribed and unpaid by them.
Management and Ownership Separation
The separate ownership and management help both – the company and the management to focus on their potential works. The shareholders assign responsibility to operate and run the company without losing control in the form of voting.
Documents required to register a Private Limited Company
Photograph
Latest Passport size photograph of Shareholders and Directors.
PAN Card
PAN Card of shareholders and Directors. Foreign nationals must provide a valid passport.
Identity Proof
Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors.
Directors Address Proof
Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.
NOC from owner
No Objection Certificate to be obtained from the owner(s) of registered office
Business Address Proof
Latest Electricity Bill/ Telephone Bill of the registered office address
Rent Agreement
Rent Agreement of the registered office should be provided if any
Note
In case of NRI or Foreign National, documents of director (s) must be notarized or apostilled
Process to Register a Company in India
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Step 1
Complete Your Online Application
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Step 2
Upload Your Document
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Step 3
Select right package and make payment
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Step 4
Company get registered
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Step 5
Get company kit
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Private Limited Company
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One Person Company
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Limited Liability Partnership
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Partnership Firm
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Proprietorship Firm
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Statute
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Companies Act, 2013
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Companies Act, 2013
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Limited Liability Partnership Act, 2008
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Indian Partnership Act, 1932
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No Prescribed Act
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| How to start | Compulsory Registration required with ROC. | Compulsory Registration required with ROC. | Compulsory Registration required with ROC. | Required Partnership Deed for Registration. Further it can also be registered with Registrar of Firms. | Not Prescribed Criteria for Registration |
| Number of Owners | 2 to 200 | 1 | 2 – Unlimited | 2 – 50 | Only 1 |
| Distinct Entity | Private Company is separate entity. | OPC is separate entity. | LLP is separate entity. | Not a separate legal entity from its partners | Not a separate legal entity from its proprietor |
| Liability | Limited to the amount required to be paid up on each share. | Limited to the amount required to be paid up on each share. | Limited, to the extent their contribution towards LLP. | Unlimited. Partners are severally and jointly liable for actions of other partners and the firm and liability extend to their personal assets. | Proprietor’s liability is to pay-off all the debts and obligation of a firm |
| Perpetual Succession | It has perpetual succession and members may come and go | It has perpetual succession and members may come and go. The nominee will take place of member. | It has perpetual succession and partners may come and go | It does not have perpetual succession as this depends upon the will of Partners | It does not have perpetual succession. Death or insolvency of proprietor directly affects the firm |
| Transfer of Ownership | Shares can be transferred with the consent of other Shareholders | Shares are not transferable easily | Regulations relating to transfer are governed by the LLP Agreement. | Ownership is not transferable easily, clause of partnership deed should be referred | Not transferable |
| Income Tax | Tax rate applicable for small companies is reduced to 22% | Tax rate applicable for small companies is reduced to 22% | Tax @ 30% | Tax @ 30% | Tax rates applicable to individual |
| Statutory Audit | Mandatory. Audtior shall be appoint within 30 days from Incorporation. | Mandatory. Audtior shall be appoint within 30 days from Incorporation. | Depended. Applicable when turnover exceeds INR 40 Lakh or contribution exceeds INR 25 Lakh | Required only tax audit as per the provisions of Income Tax Act | Required only tax audit as per the provisions of Income Tax Act |
| Annual Compliances | High | Moderate | Moderate | Less | Less |
| Suitability | More suitable for businesses, trade, manufactures, large industrial establishments etc | More suitable for small businesses like retail ,wholesale trade or small manufacturing units,etc. | More suitable for professionals like CAs, CSs, advocates etc and service sector. | More suitable for small businesses like retail ,wholesale trade or small manufacturing units, legal firms ,etc. | More suitable for small businesses like retail ,wholesale trade or small manufacturing units,etc. |
| Know More | Know More | Know More | Know More | Know More |