How much money is needed for a private limited company?

Commencing a private limited company formerly necessitated upholding a minimum paid-up capital of Rs. 1 lakh. Nonetheless, the Companies Amendment Act of 2015 eased this stipulation, abolishing the necessity for any minimum capital investment to inaugurate a private limited company.

What are the requirements for the Private Limited Company?

Before registering a Private Limited Company, certain fundamental requirements must be fulfilled by the applicant:

1. A minimum of 2 Shareholders is mandatory.
2. The company must have a minimum of 2 Directors and can have a maximum of 15 Directors.
3. It is permissible for Directors and Shareholders to be the same individuals.
4. Directors Identification Number (DIN) is a prerequisite for all Directors.
5. Obtaining a Digital Signature Certificate (DSC) is essential.
6. At least one director must be an Indian resident and citizen.

What are the Documents required for the Pvt Ltd Company?

Below is the compilation of essential documents required for the registration of a Private Limited Company in India:

1. Passport (for Non-resident Indian or Foreign National)
2. PAN Card (Permanent Account Number)
3. Aadhar Card (Identity Card)
4. Driving License or Voter ID (Proof of Address)
5. Passport-size photos of all directors
6. Recent Bank statements
7. Recent Electricity bill or any utility bill (Proof of Address)
8. Rent agreement (if the office is rented)
9. NOC (No Objection Certificate) from the owner of the property

All documents must be scanned and submitted through the MCA (Ministry of Corporate Affairs) Portal as part of the registration process.

Pvt Ltd Company Registration Fees

PVT Ltd Company Registration Fees Table:

Bihar — ₹ 4999/-

Delhi — ₹ 4999/-

Haryana — ₹ 4999/-

Kerala — ₹ 4999/-

Madhya Pradesh -₹ 4999/-

Maharashtra -₹ 4999/-

Rajasthan -₹ 4999/-

Uttar Pradesh -₹ 4999/-

1. Auriga Accounting helps with Company Name Reservation:

• Choose a unique name for the company.
• Check the availability of the chosen name with the relevant government authority.

2. Auriga Accounting helps with Drafting Memorandum and Articles of Association:

• Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) outlining the company’s objectives and internal regulations.

3. Auriga Accounting helps with Director Identification Number (DIN) and Digital Signature Certificate (DSC):

• Obtain DIN for the proposed directors.
• Acquire Digital Signature Certificates for authorized signatories.

4. Auriga Accounting helps with the application for Company Registration:

• Apply for company registration with the appropriate government authority.
• Provide necessary documents and information, including MOA, AOA, and address proof.

5. Auriga Accounting helps with the Payment of Registration Fees:

• Pay the required registration fees to the government.

6. Auriga Accounting helps with a certificate of Incorporation:

• Once the application is processed, and all requirements are met, the government issues a Certificate of Incorporation.

7. Auriga Accounting helps with PAN and TAN Applications:

• Apply for the company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).

8. Auriga Accounting helps with Bank Account Opening:

• Open a bank account in the name of the company.

9. Auriga Accounting helps with Compliance with Other Regulatory Requirements:

• Fulfill other regulatory requirements, such as Goods and Services Tax (GST) registration, if applicable.