How to Register Private Limited Company Online in India

How to Register Private Limited Company Online in India

How to register Private Limited Company Online in India is a very important question when you are planning to start a new business. The right structure allows you to streamline your business operations and grow more. Also, picking the correct type of entity will help you to get tax benefits.

A private limited company is a popular form of business entity in India as it provides the benefit of limiting your liability to your investment amount. It is also a good choice for entrepreneurs looking to raise funds from venture capitalists and angel investors. In addition, a Private Limited Company offers several other benefits like tax advantages, accounting fees are lower and there is no minimum capital requirement.

The first step in a Private Limited Company registration process is to reserve your company name with MCA. Then prepare your Memorandum of Association (MOA) and Articles of Association (AOA). These are the governing documents of your company. They describe the purpose of your company and set out the rules and regulations that your company must follow.

Next, you must apply for DIN (Director Identification Number) for yourself and all the directors or subscribers of your company. This is a mandatory step as per the MCA21 amendment act. Obtaining DIN is simple as you can file an online DIN e-form with the Ministry of Corporate Affairs. It will only take a few days to get your DIN approved. You must also acquire a Class 2 DSC from an authorized DSC Certifying Agency. This is needed to digitally sign all the e-forms in your Private Limited company registration.

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