{"id":2326,"date":"2018-05-15T11:45:04","date_gmt":"2018-05-15T06:15:04","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=2326"},"modified":"2020-07-24T16:53:51","modified_gmt":"2020-07-24T11:23:51","slug":"documents-for-private-limited-company-in-india","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/","title":{"rendered":"Private Limited Company Registration in India &#8211; Process and Documents"},"content":{"rendered":"\n<p class=\"has-drop-cap\">In India, company registration is mandatory with the Ministry of Corporate Affairs. Before setting up a company in India there are various factors which must be considered by the entrepreneur. In this article, we will discuss\u00a0<em>Documents for Private Limited Company<\/em>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a4a924926c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a4a924926c\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#Advantages_of_Private_Limited_Company\" title=\"Advantages of Private Limited Company\">Advantages of Private Limited Company<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#Basic_Requirements_of_Private_Limited_Company_in_India\" title=\"Basic Requirements of Private Limited Company in India\">Basic Requirements of Private Limited Company in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#Director_eligibility_in_a_Private_Limited_Company_in_India\" title=\"Director eligibility in a Private Limited Company in India\">Director eligibility in a Private Limited Company in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#The_validity_of_Private_Limited_Company\" title=\"The validity of Private Limited Company\">The validity of Private Limited Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#Foreign_National_Appointment_in_Directors\" title=\"Foreign National Appointment in Directors\">Foreign National Appointment in Directors<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-for-private-limited-company-in-india\/#Documents_for_Registering_Private_Limited_Company\" title=\"Documents for Registering Private Limited Company\">Documents for Registering Private Limited Company<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_Private_Limited_Company\"><\/span>Advantages of Private Limited Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em>Here are the following benefits of <a href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Private Limited Company Registration<\/a>:<\/em><\/p>\n\n\n\n<p>1. Limited Liability<br>2. Shares can be transferred<br>3. Separate Legal Entity<br>4. Perpetual Succession<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Basic_Requirements_of_Private_Limited_Company_in_India\"><\/span>Basic Requirements of Private Limited Company in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><em>Here are the following requirements of  Register Private Limited Company in India: <\/em><\/p>\n\n\n\n<ul><li>Minimum two people are required to form a Private Limited Company in India.<\/li><li>There must be at least two directors and two shareholders at the time of incorporation of private limited Company.<\/li><li>Maximum fifteen directors can be <em>appointed in a private limited company and maximum 200 shareholders<\/em>.<\/li><li>There is no such requirement of minimum share capital to set up a Private Limited Company in India.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Director_eligibility_in_a_Private_Limited_Company_in_India\"><\/span>Director eligibility in a Private Limited Company in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul><li>A person must have completed 18 years.<\/li><li>Only a natural person can become the <em>director of a Private Limited Company in India<\/em>.<\/li><li>A foreign national can become a director of a Company.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_validity_of_Private_Limited_Company\"><\/span>The validity of Private Limited Company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once a Register Private Limited Company is done, it shall be valid for the lifetime, however, Company must have fulfilled the legal compliances such as filing of annual return and other mandatory forms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Foreign_National_Appointment_in_Directors\"><\/span>Foreign National Appointment in Directors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, a foreign national can be appointed as a director in a Private Limited Company if he has obtained <strong><a href=\"https:\/\/swaritadvisors.com\/learning\/director-identification-number\/\">Director Identification Number<\/a><\/strong> but at least one director must be an Indian resident.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_for_Registering_Private_Limited_Company\"><\/span>Documents for Registering Private Limited Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em>For Private Limited Company registration in India, below mentioned documents are required:<\/em><\/p>\n\n\n\n<p><strong><em>At the time of Name Reservation (RUN):<\/em><\/strong><\/p>\n\n\n\n<ul><li>Proposed Company Name<\/li><li>The object of the Company<\/li><\/ul>\n\n\n\n<p><strong><em>At the time of Company Incorporation Form (SPICE):<\/em><\/strong><\/p>\n\n\n\n<ul><li>DSC for all the proposed directors;<\/li><li>DIN of all the proposed directors (If there are more than 3 directors)<\/li><li>Details of the capital structure of the Company<\/li><li>Details of subscribers of the company<\/li><\/ul>\n\n\n\n<p><strong><em>If Individual<\/em><\/strong><\/p>\n\n\n\n<p>1. Personal details of directors;<br>2. PAN<br>3. ID Proof<br>4. Address Proof<br>5. No of shares prescribed<\/p>\n\n\n\n<p><strong><em>If Company<\/em><\/strong><\/p>\n\n\n\n<p>1. CIN of the Company<br>2. PAN of Company<br>3. No of shares subscribed<br>4. Email id of the Company<br>5. Phone No of the Company<br>6. Registered Office Details<br>7. Details of interest in other entities<\/p>\n\n\n\n<ul><li><strong> Details of directors in a Company <\/strong><\/li><\/ul>\n\n\n\n<p>1. Personal details of directors;<br>2. PAN<br>3. ID Proof<br>4. Address Proof<br>5. Interest in other entities and amount of shareholding (DIR 2)<\/p>\n\n\n\n<ul><li><strong> Registered Office Details <\/strong><\/li><\/ul>\n\n\n\n<p>1. Ownership proof in case of owned office;<br>2. Rent agreement if the office is on rent;<br>3. If the office is owned by the director then NOC from the director.<br>4. Registered office address proof (Not older than two months)<\/p>\n\n\n\n<ul><li>Affidavit by the subscribers in form INC-9.<\/li><li>Declaration by professional in form INC-10.<\/li><\/ul>\n\n\n\n<p>After filing of incorporation form with required documents, the Registrar of Companies verifies the application and issue Certificate of Incorporation.<\/p>\n\n\n\n<div class=\"read\"><p><b>Also Read:<\/b> <mark><a href=\"https:\/\/swaritadvisors.com\/learning\/how-can-i-apply-for-private-limited-registration-in-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">How can I Apply for Private Limited Registration in India?<\/a><\/mark>.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In India, company registration is mandatory with the Ministry of Corporate Affairs. Before setting up a company in India there are various factors which must be considered by the entrepreneur. In this article, we will discuss\u00a0Documents for Private Limited Company. Advantages of Private Limited Company Here are the following benefits of Private Limited Company Registration: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2327,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[168],"tags":[269,97,148],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/2326"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=2326"}],"version-history":[{"count":12,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/2326\/revisions"}],"predecessor-version":[{"id":11862,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/2326\/revisions\/11862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/2327"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}