How to Register a Private Limited Company Online

How to Register a Private Limited Company Online

While there are innumerable business start-ups that operate without a company registration, having one provides a lot of benefits and is easy to do online. This article discusses what a private limited company is, why it's important and how to register it online in India.

Private limited company is a legal entity that separates itself from its founders, directors and stakeholders (shareholders). This means that the assets of the company are completely independent of any personal assets of the shareholders and the liability of shareholders is only limited to the amount invested. This type of company is very popular in India and has many tax and regulatory advantages.

Upon registration, the Registrar ofCompanies will allot a unique Corporate Identity Number (CIN). Once you receive this, you can open a current bank account under your company name. You can also use this CIN to check your company's registration status on the MCA portal.

Incorporating a Private Limited Company Online has become much easier, thanks to the recent changes in regulations and MCA's effort to make online filings simple. In fact, all e forms required to be filled are now available online, and the entire process is paperless. In addition, the Registrar of Companies is now issuing digitally signed Certificates of Incorporation.

When it comes to forming a private limited company, the first thing you need to do is decide on a name for your company. It's important to choose a name that clearly indicates what your company does, and it must be unique to avoid conflict with any existing companies. You must also ensure that you add "Private Limited" at the end of the name. This will help you to distinguish your company from other businesses in the future.

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