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Getting Started
At ComplyHub, we simplify the process of registering your Private Limited Company, ensuring a seamless and hassle-free experience. Our expert team guides you through every step, from name reservation and document preparation to filing with the relevant authorities. We handle all legal and compliance requirements, so you can focus on building your business.
Why Choose Private Limited Company
Advantages
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Limited Liability: Protects personal assets from business debts.
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Separate Legal Entity: Can own assets, incur liabilities, and sign contracts.
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Credibility: Builds trust with customers and investors.
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Funding Access: Easier to raise capital through shares or loans.
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Business Continuity: Continues to exist despite changes in ownership.
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Tax Benefits: Eligible for deductions and lower corporate tax rates.
Disadvantages
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Compliance Burden: Requires annual filings, audits, and meetings.
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Higher Costs: Registration and maintenance are more expensive.
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Less Privacy: Financial details are publicly accessible.
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Shareholder Limit: Restricted to a maximum of 200 shareholders.
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Complex Closure: Winding up the company is difficult and costly.
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Dividend Tax: Profits distributed as dividends are taxed.
Who is Eligible ?
1. Minimum Number of Members:
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At least 2 members (shareholders) are required to form a Private Limited Company.
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The maximum number of members allowed is 200.2. Minimum Number of Directors:
2. At least 2 directors are required.
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One of the directors must be a resident of India (staying in India for at least 182 days in the previous calendar year).
3. Age Requirement for Directors:
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Directors must be at least 18 years old.
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There is no upper age limit.
4. Unique Company Name:
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The proposed name of the company must be unique and not similar to any existing company, trademark, or LLP.
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It must include the suffix "Private Limited" at the end.
5. Registered Office:
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The company must have a registered office address in India.
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Proof of address (e.g., utility bills, rent agreement) is required.
6. Share Capital:
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There is no minimum capital requirement to start a Private Limited Company.
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However, the company must issue at least one share to each shareholder.
7. PAN and DIN:
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Directors must have a Director Identification Number (DIN).
8. No Disqualifications:
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Directors must not be disqualified under the Companies Act, 2013 (e.g., undischarged bankrupts or convicted of fraud).
Document Required
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Proposed Company Name ( Maximum 2 names can be given )
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Business Nature / Proposed Company object in detail.
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Copy of Income Tax PAN (Voter Id, Passport, Driving License) of all Directors / Shareholders.
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Latest passport size photographs of all directors / Promoters.
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Registered office Address proof - Electricity bill along with rent agreement / ownership proof of the proposed registered office.
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Copy of first and last month Bank Statement / Passbook of all directors/ promoters.
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Digital Signature, if applicable
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Shareholding Ratio
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DIN number, if already taken by proposed director.

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What will you get ?


Digital Signature Certificate

Name Approval Letter

Certificate of Incorporation

PAN card of Company

MOA and AOA
