Private Limited Company Registration is easy in India when done by TaxfillingIndia. In all our packages, get āTwo DSC & DIN āName Approval āCOI āMOA āAOA āPAN āTAN & Bank A/c Opening Support. 100% Online Order & Documentation, Chat with the startup specialist to get started.
Starting a business is an exciting journey, and choosing the right structure is a crucial first step. In Hyderabad, registering as a Private Limited Company is a popular choice for entrepreneurs due to its many benefits, such as limited liability and perpetual succession. If you’re considering this option, you’re in the right place.
TaxFillingIndia makes the Private Limited Company registration process in Hyderabad simple by providing expert guidance every step of the way. From document preparation to submission, our streamlined service ensures a hassle-free experience.
Introduction to Private Limited Company
A Private Limited Company is a privately held business entity recognized by law. It has a separate legal identity from its owners (shareholders) and managers (directors), meaning it can own property, incur debts, and sue or be sued in its own name.
Who Can Register a Private Limited Company?
– Business owners that want to formally organise their operations.
– Companies that are already in operation and want to grow or develop.
– Startups seeking funding, scalability, and a well-defined business plan.
Benefits of Registering a Private Limited Company in Hyderabad
Choosing to form a Private Limited Company in Hyderabad has several benefits, such as:
– Limited Liability: In order to preserve their own assets, shareholders are solely liable to the amount of their share capital.
– Perpetual Succession: Despite changes in management or ownership, the company still exists.
– Separate Legal Entity: Because it is a distinct legal entity, the business exudes professionalism and legitimacy.
– Equity Raising: More easily raised funds through share sales
– Tax Advantages: Possibility of higher tax breaks and benefits than with alternative business arrangements.
Documents Required for Company Registration in Hyderabad
– Identity Proof of Directors and Shareholders (PAN for Indian nationals, Passport for foreign nationals)
– Address Proof of Directors and Shareholders (Aadhaar card, Voter ID, Passport, Driving License)
– Registered Office Proof (Utility bill, Rent agreement, and NOC from the owner)
– Passport-sized photographs of Directors
– Digital Signature Certificate (DSC)
– Director Identification Number (DIN) for all directors
Procedure for Private Limited Company Registration in Hyderabad
Private Limited Company registration in Hyderabad entails a few crucial stages that can be effectively completed with TaxFillingIndia’ experience. This is a condensed synopsis of the procedure:
Digital Signature Certificate (DSC)
Getting Digital Signature Certificates for the prospective company directors is the first step. To electronically sign the paperwork needed to register a corporation, DSC is a must.
Director Identification NumberĀ (DIN)
A DIN, or unique identification number, is required for every director. Applying online to the Ministry of Corporate Affairs (MCA) is how to obtain it.
Authorization of Name
Choosing a distinctive name for your business is essential. To get your name approved, you must apply to the MCA, making sure it isn’t already taken by another firm or trademark.
Submission of Incorporation Documents
The next step after the name is authorised is to draft and submit the Articles of Association (AoA) and Memorandum of Association (MoA), as well as the address evidence of the registered office and any other required disclosures.
PAN and TAN application
You must apply for your company’s Tax Deduction and Collection Account Number (TAN) and Permanent Account Number (PAN) in addition to the incorporation process.
Certificate of Incorporation
The MCA will issue a Certificate of Incorporation, formally establishing your company as a Private Limited Company, after examining your application and supporting documentation. The Corporate Identity Number (CIN) of your business is included on this certificate.
Creating an Account with a Bank
You can open a corporate bank account for your business with the Certificate of Incorporation, PAN, and other necessary documents.
Simplify Private Limited Company Registration in Hyderabad with TaxFillingIndia
In Hyderabad, registering a private limited company is an important first step towards building a strong business foundation. It’s a favoured option for many entrepreneurs due to its many advantages. It can be difficult to navigate the registration process and regulatory requirements, though. In this situation, TaxFillingIndia serves as your reliable partner, providing knowledge, effectiveness, and all-encompassing assistance during and after your registration process.
By selecting TaxFillingIndia, you’re obtaining a partner who is as committed to your success as a service provider. Our team of professionals in Hyderabad is committed to making sure that your company not only launches successfully but also grows over time. You can focus on what you do bestāgrowing your businessāknowing that TaxFillingIndia has your back when it comes to company registration.
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The director identification number is a unique identifier assigned to the director by the ROC operating under the ministry of corporate affairs. The DIN is a permanent number and is allotted during the course of processing the spice form before the generation of the company registration certificate. The DIN remains valid throughout India, however, you need to file directors KYC every year.
There is no minimum required for starting a private limited company. You can fix any capital as per the requirement of your business.
You need to provide 3 different options for your company name to the MCA, of which one will be selected.
Names provided should ideally be unique and suggestive of the companyās business.
You can register your residential address as a registered place of your business with MCA for which some address proof along with the NOC (No Objection Certificate) has to be filed with the prescribed form
No, the whole incorporation process is online. You can send the scanned copy of all the required incorporation documents via e-mail. All the forms and documents are filed electronically and even signed digitally.
Yes a physical premise is required for the company.
Though the process of registering a private limited company in India is online it may take about 2 weeks (14 working) days to have your company fully registered.
The name of the company must be in accordance to the objects of the memorandum of association.
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