Private Limited Company

Lead India’s transformation with your Entrepreneurship!

Propel your business with Probal Consulting Group.

WHAT IS PRIVATE LIMITED COMPANY?

Registering your company as a Private Limited entity will open the doors for limitless possibilities for expanding your business. You can transform your business’s infrastructure to garner more funds through various modes by registering your firm as a Private Limited entity. This model is most prevalent in India among small and medium businesses. With their own Reserved Unique Name, Private Limited entities can buy and sell properties in their own name.

Process of Application

Application for DSC(Digital Signature Certificate)

The promoter and Nominee of OPC need to get a DSC for himself/herself. We will help you to obtain your Digital Signature Certificate with necessary form filing and documentation.

Application for DIN

Every director needs a unique Director Identification Number allotted by the Central Government of India. We will help you through the process of DIN for prompt registration.

Application for the Unique Name

Every LLP firm needs to register its unique name by getting approval from MCA(Ministry of Corporate Affairs). We will guide you through all the necessary processes for your unique name registration.

Preparation of MOA (memorandum of Association) and AOA(Articles of Association)

As soon as your DIN and DSC registration are complete, we will prepare MOA (memorandum of Association) and AOA(Articles of Association). These documents are critical for any registration.

Application of company as Private Limited under the law

After the preparation of MOA and AOA, we will file your application for the registration of Public Limited Company to obtain Certificate of Incorporation (COI) and Corporate Identification Number (CIN)

Registration under GST act

If your business is crossing the threshold limit of aggregate turnover limit, or you are an e-commerce firm or supplying goods to various states, we will help you register your firm under the GST regime.

Benefits

Limited Liability

Private Limited Companies are treated as a separate legal entity. Hence, they have limited liabilities as compared to Sole Proprietorship and Partnership Firms. This insulates directors from any liabilities that may arise due to loss in the business.

Continuity of the business

As private limited companies are treated as separate legal entities; they can continue their operations even after the death of the proprietor. Also if all the members of the company go insolvent, the operations of the company are not hampered.

Secured investment

In case the company goes insolvent, the amount invested by the directors will be paid back. This means, even if your firm makes a loss, you can get a substantial amount of your investment back. This is a massive benefit of incorporating a company.

Required Documents

► PAN Card of the Directors Permanent Account Number, mandatory for all business activities

► Address proof [ Voter ID, Adhaar Card, Driving License of the Directors and Nominee ]

► Signature [ A signature specimen of the Directors]

► Passport Photo [ Clear photo of the Directors]

► Address proof of the place of the business [ Electricity Bill, Legal ownership Document, Municipal Khata copy, Telephone bill,etc. to confirm ownership of the business place]

► Rent agreement in case the business place is rented [ Notarized Rent agreement, duly signed by the tenant and Owner along with two witnesses]

► Bank statement of the directors

► Consent letter if the place is acquired by consent [ Consent letter with the proof of ownership, signature, and ID proof of the owner of premises.]

► NOC of the Owner [ No objection certificate by the Owner of the premises allowing deemed business activity]