Brand: Unilex Consultants

In today’s fast-evolving business landscape, starting a private limited company in India is one of the most popular choices for entrepreneurs. This business structure not only ensures limited liability for its members but also enhances credibility and attracts potential investors. At Unilex Consultants, we specialize in assisting businesses with Private Limited Company Registration in India, offering seamless and efficient solutions. Here's everything you need to know about private limited company registration and ongoing compliance requirements.

Why Choose a Private Limited Company?

A private limited company is preferred due to its unique advantages:

  1. Limited Liability Protection: Shareholders' personal assets remain protected, as liability is limited to the amount invested in the business.
  2. Legal Entity: It is a separate legal entity, meaning it can own assets, incur debts, and operate independently of its owners.
  3. Ease of Fundraising: Investors and venture capitalists often favor private limited companies due to their structured framework.
  4. Perpetual Succession: The company continues to exist even if shareholders or directors change.

With these benefits, private limited companies are ideal for small and medium-sized businesses planning to scale up operations.

Private Limited Company Registration in India

Registering a private limited company in India involves a streamlined process governed by the Companies Act, 2013. At Unilex Consultants, we simplify this process for entrepreneurs, ensuring compliance with all legal requirements.

Step-by-Step Process for Private Limited Company Registration:

  1. Obtain a Digital Signature Certificate (DSC): Each director and subscriber must have a DSC to sign electronic forms.

  2. Director Identification Number (DIN): Apply for a DIN for all proposed directors through the Ministry of Corporate Affairs (MCA) portal.

  3. Name Reservation: Select a unique name for the company and apply through the SPICe+ form on the MCA website.

  4. Prepare and File Incorporation Documents: Submit the Memorandum of Association (MoA) and Articles of Association (AoA) along with other required documents like proof of address, identity, and consent forms.

  5. Certificate of Incorporation: Upon successful verification, the Registrar of Companies (RoC) issues a Certificate of Incorporation with the company's Corporate Identity Number (CIN).

  6. PAN and TAN Application: The company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are applied for simultaneously.

Private Limited Company Registration in Delhi

Delhi, being the capital and a hub for businesses, offers immense opportunities for growth. Unilex Consultants specializes in Private Limited Company Registration in Delhi, ensuring compliance with both central and state regulations. From securing the company name to obtaining statutory registrations, we provide end-to-end services tailored to Delhi’s business ecosystem.

Key Compliances for Private Limited Companies

Registering a private limited company is only the beginning. To ensure smooth operations and avoid penalties, companies must adhere to certain ongoing compliance requirements.

1. Annual Compliances:

  • Board Meetings: Conduct at least four board meetings annually, ensuring one in each quarter.
  • Annual General Meeting (AGM): Organize an AGM every year, as mandated under the Companies Act.
  • Filing Financial Statements: File Form AOC-4 with the MCA to report the company’s financial statements.
  • Filing Annual Return: Submit Form MGT-7, detailing the company’s shareholders, directors, and other key information.

2. Tax Compliances:

  • GST Returns: File monthly, quarterly, or annual GST returns, depending on turnover and type of business.
  • Income Tax Returns: Ensure timely filing of corporate income tax returns.
  • TDS Compliance: Deduct and deposit tax deducted at source (TDS) on payments, and file quarterly TDS returns.

3. Secretarial Compliances:

  • Maintain statutory registers, including the register of members and directors.
  • Record minutes of meetings in the statutory register.

4. Other Compliances:

  • ESI and EPF: For companies employing more than 10 individuals, comply with Employee State Insurance (ESI) and Employee Provident Fund (EPF) regulations.
  • Professional Tax: If applicable in your state, register and pay professional tax.

Why Choose Unilex Consultants?

###pPrivate Limited Company Registration in India and ensuring ongoing compliance for businesses. Here's why clients trust us:

  • Expert Guidance: Our experienced professionals provide tailored solutions for registration and compliance.
  • Streamlined Process: We handle end-to-end registration, saving you time and effort.
  • Transparent Pricing: Our pricing is competitive and upfront, with no hidden charges.
  • Dedicated Support: Receive ongoing support to ensure your business meets all legal requirements.

Whether you are starting a company in Delhi or any other part of India, we ensure a hassle-free experience.

Conclusion

Starting and managing a private limited company requires meticulous planning and adherence to regulatory norms. With the expertise of Unilex Consultants, entrepreneurs can focus on growing their businesses while we handle registration and compliance seamlessly.

If you're considering Private Limited Company Registration in Delhi or anywhere in India, get in touch with Unilex Consultants today. Let us help you build a legally compliant and robust foundation for your business success.

For more information, visit our website or contact our experts. Together, let’s turn your business vision into reality!