Starting a Private Limited Company (Pvt Ltd) in India involves a streamlined process to legally establish your business. Here’s a concise guide to help you through the registration:
1.Obtain Digital Signature Certificate (DSC): Each director of the company must acquire a DSC, which is essential for signing electronic documents.
2.Apply for Director Identification Number (DIN): Secure a DIN for each proposed director. This unique number is required for managing and operating the company.
3.Choose a Company Name: Select a unique name for your company that adheres to the naming guidelines. Check availability and reserve the name through the Ministry of Corporate Affairs (MCA) portal.
4.Draft the Memorandum and Articles of Association: Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) that outline the company's objectives, structure, and regulations.
5.File Incorporation Documents: Submit the required documents, including MOA, AOA, and address proof, through the MCA21 portal. Complete the online application and pay the necessary fees.
6.Obtain Certificate of Incorporation: Once your application is reviewed and approved, the MCA will issue a Certificate of Incorporation, officially recognizing your company as a legal entity.
This process ensures your Pvt Ltd company is legally established, compliant with regulations, and ready for business operations.