Setting up a private limited company is one of the incredibly advocated methods to begin a commercial enterprise in India. This sort of corporation gives confined legal responsibility for its shareholders with sure regulations located at the ownership. An LLP has partners, who personal and manipulate the commercial enterprise. Whereas in private limited company registration, administrators can be distinctive from shareholders.

Edu Visor, your trusted legal advisor, provides a cost-effective company registration service in India. You may learn how to register your business here. We take care of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the company registration process, you receive a Certificate of Incorporation (CoI), along with PAN and TAN. Now, you can open a current bank account and begin your business operations.

Benefits of Company Registration

Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business:
• Shield from personal liability and protects from other risks and losses
• Attract more customers
• Procure bank credits and good investment from reliable investors with ease
• Offers liability protection to protect your company’s assets

• Greater capital contribution and greater stability
• Increases the potential to grow big and expand

Checklist for Registering a Company in India

As defined by the Companies Act 2013, we must guarantee that the checklist requirements are met.
Two Directors:
A private limited company must have at least two directors, with a maximum of fifteen. A minimum of one of the company’s directors must be a resident of India.
Unique Name
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
Minimum Capital Contribution:
There is no minimum capital amount for a company. A company should have an authorized capital of at least ₹1 lakh.
Registered Office:
The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as an NOC is obtained from the landlord.

How to Register a Company Online – the Registration Process

Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have EduVisor as our professionals can help you with every step of the private limited company registration process.
• Step 1: Obtain DSC
• Step 2: Apply for the DIN
• Step 3: Application for the name availability
• Step 4: Submission of MoA and AoA to register a private limited company
• Step 5: Apply for the PAN and TAN of the company
• Step 6: RoC issues a certificate of incorporation with a PAN and TAN

Documents Required for Online Company Registration

In India, private limited company registration cannot be done without proper identity and address proof. Listed below are the documents accepted by the MCA for the online company registration process:

Identity and Address Proof
• Scanned copy of PAN card or passport (foreign nationals & NRIs)
• Scanned copy of voter ID/passport/driving license
• Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
• Scanned passport-sized photograph specimen signature (blank document with signature [directors only])

Registered Office Proof
• Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
• Scanned copy of the notarized rental agreement in English
• Scanned copy of no-objection certificate from the property owner
• Scanned copy of sale deed/property deed in English (in case of owned property)
Note: Your registered office need not be a commercial space; it can be your residence too.

Why Edu-Visor?

The private limited company registration process is completely online, so you don’t even have to leave your home to get your entity registered. At EduVisor, we complete the registration process within 14 days.

Edu-Visor company registration package includes:
• DIN and DSC for two Directors
• Drafting of MoA & AoA
• Registration fees and stamp duty
• Company incorporation certificate
• Company PAN and TAN
• Zero balance current account
With this, you will be well on your way to forming your own private limited company. It is recommended that you consult with the experts and make the finest decision for smoother growth.

Team Edu-Visor