Private Limited Company

A private limited company is a privately held firm for small businesses.Private limited firms limit liability, privately held, no public share trading.


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Foreign Subsidiary

Limited Liability

Shareholders' assets are safeguarded in the event of a company's liquidation.

Foreign Subsidiary

Tax Efficient

Private Limited Companies are tax-efficient as they can claim corporation tax relief on profits.

Foreign Subsidiary

Separate Legal Entity

A Pvt. is a distinct legal entity from its shareholders and directors, allowing it to enter into contracts.

Foreign Subsidiary

Easier to Raise Capital

Private Limited Companies attract investors with limited liability, facilitating capital raising.

APPLICATION PROCESS

Application Process for a Private Limited Company
Foreign Subsidiary

Reserve Business Name

The name for the proposed company is required to be reserved. Where two names can be applied at a time, valid for 20 days once approved.

Foreign Subsidiary

Procure Digital Signature

It is necessary for SC to electronically sign documents for the company's incorporation and other applications, as well as to file numerous eForms on the MCA portal.

Foreign Subsidiary

Application for Online Registration

The company must apply for online registration using the SPICe INC-32 form, along with e-MOA and e-AOA, and file DIN PAN, TAN, etc. online.

Foreign Subsidiary

Incorporation

The Registrar may issue a Certificate of Incorporation, including the company's Corporate Identification Number (CIN), date of incorporation, PAN, and TAN, upon review and verification.

Foreign Subsidiary

Commencement of Business

A company must deposit initial capital in its bank account and file form INC-20A for Commencement of Business post before commencing its operations.

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