Private Limited Company Registration in Pune
- Certificate of Incorporation
- PAN & TAN
- 2 Digital Signature (DSC)
- 2 DIN
- MOA & AOA
- PF & ESI
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Private Limited Company Registration | Company Registration
A Private Limited Company in Pune is a popular choice of new entrepreneur in today’s era. Pvt ltd company is a business structure that offers limited liability protection, ensuring that the owners’ personal assets are safeguarded against company debts. further, it enhances credibility and can attract investors. To register a Pvt ltd company in Pune, you need a unique company name, a Memorandum and Articles of Association, and you must appoint directors and shareholders. Additionally, registration of private limited company registration in Pune involves submitting these documents to the relevant authority, such as Registrar of Companies.
Benefits of Private Limited Company Registration in Pune
Limited Liability
Registration of Pvt ltd Company in Pune offers significant benefits. Firstly, it protects personal assets from business debts and liabilities. Additionally, it provides flexibility in management and profit distribution. Furthermore, Pvt ltd Company offer pass-through taxation, allowing members to avoid double taxation, which is a major advantage. Private Limited Company Registration in Pune enhance credibility with customers and investors, which can lead to increased business opportunities.
No Minimum Capital Requirement
For Private Limited Company Registration in Pune, there is No Minimum Capital requirement & you can start with Rs.1/- (Earlier it was Rs. 1,00,000/-).
Perpetual Succession
Perpetual succession ensures that a company continues to exist independently of its owners or shareholders, thereby providing stability and continuity. This important legal principle means that the company can own property, enter contracts, and sue or be sued without interruption, even if there are changes in membership. Moreover, it safeguards operations against disruptions caused by the death, insolvency, or departure of members. Ultimately, this guarantees long-term sustainability.
Separate Legal Entity
A Pvt ltd company has separate legal Entity apart from its Members & Shareholders. Firstly, it provides limited liability protection, safeguarding the personal assets of shareholders. Additionally, it enhances credibility with clients and investors, enabling easier access to funding opportunities. Moreover, private limited companies enjoy tax advantages.
Free & Easy transferability of shares
Free and easy transferability of shares in a private limited company in Pune significantly enhances liquidity, allowing shareholders to buy or sell shares without extensive legal formalities. Moreover, this flexibility attracts potential investors and simplifies ownership transitions. Additionally, it contributes to financial growth and stability by enabling efficient capital allocation and effective exit strategies. Ultimately, such ease of transfer encourages investment and fosters a dynamic business environment.
Owning Assets in its own name
Owning assets in a private limited company in Pune offers several benefits, including enhanced credibility and easier access to financing. Firstly, it provides limited liability protection to shareholders, effectively separating personal and business liabilities. Additionally, it facilitates better asset management and potential tax advantages, which can further improve financial outcomes. Moreover, it ensures perpetual succession, safeguarding assets through ownership changes.
Capacity to sue and be sued
The capacity to sue and be sued allows a private limited company in Pune to effectively protect its interests and enforce its rights through legal action. Furthermore, it provides a structured way to resolve disputes, ensuring accountability and compliance with contracts. Additionally, this legal capacity helps maintain trust with stakeholders, which is crucial for long-term relationships. Ultimately, it supports the company’s credibility and operational stability,
Dual Relationship
A dual relationship in a private limited company in Pune involves shareholders also serving as directors, thereby creating unique advantages. This setup not only fosters aligned interests but also enhances trust and decision-making efficiency. Moreover, shareholders are directly involved in strategic planning, which ensures long-term commitment and stability. Additionally, directors benefit from a deeper understanding of shareholder expectations, leading to more informed decisions that reflect the collective vision of the company.
Requirement of Private Limited Company Registration in Pune
- Minimum Two shareholder required for registration
- Minimum Two Director required(Shareholder and Director can be same person)
- There is no such restriction on minimum share capital
- DIN required to become Director(if No DIN we will Proceed for same while procedure of registration of your company)
- Address proof for the registered office of your company is required
- The shareholder must be having Nationality of India
Key Features of Private Limited Company Registration in Pune
- Directors:
A Private Limited Company shall have minimum two directors to manage business operation. The director of pvt ltd company may or may not be a member of the company. At least director of company must be individual having nationality of India. The private limited company should maximum 15 directors in company.
- Members:
You should have minimum 2 Members/Shareholders to a private limited company registration in Pune. The member or Shareholder of the private limited company may be Individual or body Corporate. The Maximum Number of member or Shareholder in pvt ltd Company is 200.
- Minimum Paid-up Capital:
The Capital structure of private Limited Company Consist Authorised capital, subscribed capital & Paid-up Capital. No minimum capital requirement (earlier it was ₹1 lakh, but this requirement has been removed) & you can register a private limited company in Pune with very small amount of capital.
- Restriction on Transfer of Shares:
The Shareholders of the Company can not transfer its shares to the outsiders. If any shareholder wants to exit from company, first he shall offer his shares to another shareholder of the company, if no one is ready to accept offer, then he can sell to outsider.
- Prohibition on Inviting Investments from Public:
The Private limited company can not take investment from public through offer its shares. Further there is limit to accept deposit from Members & Directors.
- Name:
Every Private limited company Must end with “Private Limited” or “Pvt. Ltd.”
Documents Required for Private Limited Company Registration in Pune
- Identity Proof and Address Proof
a. Passport/ Aadhar card/ Voter ID/ Driver’s License of partners,
b. PAN card, and
c. Utility bills or Bank Statements as address proof. - Proof of Registered Office
a. Ownership of Property- Any utility bill like an electricity bill or corporation tax receipt not later than 30 days.
b. Right to use the Property- Rental Agreement or No Objection Certificate (NOC) from the owner. - Declaration and Consent of the proposed Directors
Form DIR-2 serves as the official consent to assume the role of a director respectively.
Procedure for Private Limited Company Registration in Pune
- Application for DSC (Digital Signature Certificate):
The Digital signature Required of all individuals who subscribing Memorandum of association & Article of Association. They shall sign online forms of Company Registration using Digital Signature.
- Application for Name Approval:
The Name application is first step in Private Limited company registration process. The applicant has to apply with two different names along with Object of the Company Selection.
The applicant has option to approve name first Separately and then apply for incorporation of Company at later stage or to apply for company registrationdirectly with Name. In direct incorporation process, the application can apply with single name only and he should confident for such name.
- Application for Company Registration:
The next stage after name approval is apply for Company registration. The form Includes Spice+, eMOA, eAOA & Agile form. The Company registration forms shall be signed digitally by Applicant & Professional like Practicing Company secretary.
- Get Company Registered:
After Submission of Company registration application, MCA verify the application and Issue the Company registration certificate i.e. Certificate of incorporation along with PAN, TAN, ESIC & PTRC.
- Opening of Bank Account:
Applicant can open bank account immediately after company registration in Pune & deposit their capital amount which mentioned in MOA. The Bank account open with the Company Registration Documents & Board Resolution of the Company.
Post incorporation Compliance for Private Limited Company Registration in Pune
- First Board Meeting:
Hold the first board meeting within 30 days of the company’s incorporation.
Key decisions to be made at this meeting include:
- Opening of new Bank Account
- Authorised Signatory to apply other registrations in name of company.
- Appointment of first Auditor
- Allotment of Shares.
- Appointment of First Auditor:
The board of directors must appoint the first auditor within 30 days of Company registration. If the board fails to do so, the members can appoint the auditor within 90 days of incorporation. The first auditor holds office until the completion of the first annual general meeting.
- Issuance of Share Certificates:
Share certificate shall issue within the 60 days form company registration.
3. File INC 20A- Declaration for the Commencement of Business:
After Company registration done, the company shall file INC-20A i.e. Declaration for the Commencement of Business within 180 days from Company Registration. It should be verified by a Company Secretary (CS) or a Cost Accountant or Chartered Accountant (CA) in practice.
4. Other statutory Compliances:
The Company Shall compliant with other statutory compliance to protect interest of stakeholders.
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FAQ's
A private limited company is a type of business entity where the ownership is divided into shares held by a small group of individuals. Shares are not available to the public, and the company’s liability is limited to its assets.
A private limited company must have at least two shareholders, but it can have up to 200 shareholders.
Advantages include limited liability for shareholders, separate legal identity, and potential tax benefits. It also offers flexibility in management and ownership.
No, a private limited company must have at least two directors. These directors are responsible for managing the company’s affairs and ensuring compliance with legal requirements.
A private limited company cannot offer its shares to the public and has fewer regulatory requirements. In contrast, a public limited company can sell shares to the public and is subject to stricter regulations.
Compliance requirements typically include filing annual financial statements, holding annual general meetings, and submitting necessary returns to regulatory authorities.
Yes, a private limited company can convert into a public limited company by meeting regulatory requirements, such as issuing shares to the public and complying with listing regulations
Any individual who is at least 18 years old and has a valid Director Identification Number (DIN) can be a director.
In Pune, the registration process typically takes 7–10 working days, provided all documents are in order and there are no delays in name approval or verification.
No, a Private Limited Company cannot raise funds from the public. It can raise funds only through private investments, loans, or venture capital.
Yes, a foreign national can be a director or shareholder in a Private Limited Company in India. However, at least one director must be a resident of India.
GST registration is mandatory if the company’s turnover exceeds ₹20 lakh (₹10 lakh for special category states) or if it is engaged in the supply of goods or services.
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