{"id":795,"date":"2018-08-12T03:56:35","date_gmt":"2018-08-12T03:56:35","guid":{"rendered":"http:\/\/fastlegal.in\/blog\/?page_id=795"},"modified":"2024-02-02T15:20:58","modified_gmt":"2024-02-02T15:20:58","slug":"private-limited-company-registration-in-jaipur","status":"publish","type":"page","link":"https:\/\/fastlegal.co.in\/blog\/private-limited-company-registration-in-jaipur\/","title":{"rendered":"Private Limited Company Registration in Jaipur"},"content":{"rendered":"
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Private Limited Company\u00a0is the most popular structure for businesses and startups. Private Limited Company allows outside funding & Foreign Direct Investment easily. Private Limited Companies are required to hold Board Meetings,Register Secured Loans with Ministry of Corporate Affairs,Hold Members Meeting for Important matters,Make complete disclosures about important matters in their Board Report. Due to all these\u00a0regulatory disclosures and requirments imposed on Private Limited Company by Company Law they tend \u00a0to be viewed with more credibility than a Limited Liability Partnership (LLP), One Person Company (OPC), or General Partnership.<\/p>\n

Private Limited Company is the most common incorporated business organisation in India. It limits liability of its members & has a perpetual succession. For starting a Private Limited Company minimum 2 members and directors are required.<\/p>\n

Features of Private Limited Company<\/h2>\n

1. Required Minimum 2 Directors and Shareholders
\n2. Investment Friendly
\n3. Body Corporate and Benifit of Limited Liablitity
\n4. Widly Accepted Business Structure
\n5. Easy Restructuring
\n6. Maximum Number of Members can be upto 200
\n7. Suitable for Startups and Growing Businesses<\/p>\n<\/div>\n

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Documents Required For Private Limited Company Registration<\/h2>\n

1. PAN of all Directors
\n2. Voter ID\/DL\/Aadhar Card\/Passport of All Directors
\n3. Passport Photo of all Directors
\n4. Latest Bank Passbook\/Statement or Electricity\/Boradband Bill
\n5. Latest utility bill (electric bill\/telephone bill) and Rent Agreement or latest tax receipt\/ownership deep of the property for the property to be used for registered office.<\/p>\n<\/div>\n

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Step By Step Procedure For Private Limited Company Registration in Jaipur<\/h2>\n

Step 1- Application for Obtaining DSC (Digital Signiture)
\nStep 2- Preparation and Signing of Incorporation Documents
\nStep 3- Filing of Incorporation Form to MCA
\nStep 4- Waiting For Approval from ROC
\nStep 5- Certificate of Incorporation<\/p><\/div>\n

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Time Required<\/h2>\n

Step 1- 1 Day
\nStep 2 and 3 – 1 Day
\nStep 4 and 5- Time Taken by MCA<\/p><\/div>\n

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Mandatory Legal Requirements for Private Limited Company after Registration :\u00a0<\/strong><\/h2>\n

After registration following are the mandatory compliances for every company:<\/p>\n

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  • Meeting of Board of Directors:\u00a0<\/strong>First Meeting of Board of Directors is required to be held within 30 days of Incorporation of Company and thereafter 4 meetings are required to be held in every financial year in such a manner that the gap between 2 Board Meetings should not be more than 120 days.<\/li>\n
  • Issuing of Share Certificate:\u00a0<\/strong>The Company is required to issue Share Certificates to the subscribers of memorandum within 60 days of Incorporation of Company.<\/li>\n<\/ul>\n