Requirements for Incorporation of a Private Limited Company

Companies Act, 2013 has listed the following requirements for the incorporation of a Pvt. Ltd. company

· Passport size photo

· DIN (Director identification no.)if any

· DSC (Digital signature certificate) of all directors

· Minimum 2 Directors
Note– One Director must be Indian Resident

· PAN Card
Self-attested PAN Card of Members and Directors.

· Identity Proof of Directors
Self-attested ID proof of Members and Directors- (Anyone out of the following -Valid Passport/Voter ID/Aadhar Card/Valid Driving License)

· Address Proof
Self attested Address proof of the Members and Directors (Any one out of the following - Bank Statement/ Electricity Bill/ Telephone Bill/ Mobile Bill which and it should be not older than 2 months

· Business Address Proof (Rented/Leased)
If proposed Registered Office is taken on Lease – NOC from Landlord/Lease Agreement/Utility Bill (Either Electricity Bill or Mobile Bill or Telephone Bill) (Should Not be Older than 2 Months)

· Business Address Proof(Owned)
If the proposed Registered Office is not taken on Lease – NOC from the Owner of Property/Property Papers (Title Deed)/Utility Bill (Either Electricity Bill or Mobile Bill or Telephone Bill) (Should Not be Older than 2 Months)

Private Limited Company Registration

Advantages

· Limited Liability Protection to Director's personal assets

· Better image & credibility

· Easy to raise funds and loans

· Best Mode for Startups

· Favorite Business structure for Investors

Minimum Requirements

· Minimum Two Directors

· Minimum Two Members

· No Minimum Capital Required

· Maximum Fifteen Directors

· One Director shall be Indian resident