How to Register a Private Limited Company Online in India
How to Register a Private Limited Company Online in India
Are you planning to launch your business as a private limited company? This structure is very popular among entrepreneurs, owing to several benefits like tax advantages and protection of personal assets. However, before you proceed with your company registration process, it is important to know the different aspects involved in this procedure. Here, in this article, we discuss the steps to register a Private Limited Company online.
1. Obtain DIN (Director Identification Number)
To register a Private Limited Company, you must first get a Director Identification Number (DIN). This can be done by filing the DIN e-form on the official website of the Ministry of Corporate Affairs. Once your DIN is allotted, you can then complete the other e-forms required for Private Limited company registration.
2. Choose a unique name
It is very important to select a unique name for your company. This can be done by using the MCA portal's free name search facility. You must also make sure that the chosen name is not already taken by any existing companies or trademarks.
3. Register the Company
After choosing a name, you must register it with the MCA. This can be done by submitting the MOA and AOA forms on the official website of the Ministry of Corporate affairs. Once your documents are verified, they will be approved and registered.
4. Conclusion: Once your company isregistered, you can start conducting business activities. You can also raise equity capital from investors, which can help your business grow more successfully. The profits from your business can either be distributed among shareholders or channelled back into the company, depending on your preference.
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