Private Limited Company Registration in Gurgaon

If you plan to start a business in Gurgaon, then getting your company registered as a Private Limited Company can be wise. A private limited company has several advantages over other business structures, including limited liability, separate legal entity status, and ease of raising funds. In this article, we will provide you with a complete guide on how to register a Private Limited Registration Company in Gurgaon.

Benefits of Registering a Private Limited Company in Gurgaon

A private limited company offers several benefits to entrepreneurs who are looking to start a business in Gurgaon. Some of the benefits points include

Limited liability protection:

The owners of a private limited company are only liable for the company's debts to the extent of their capital contribution. This means that their personal assets are protected in the event of the company facing financial difficulties.

Separate legal entity:

A private limited company is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own assets in its own name.

Attracts investment:

A private limited company is a more attractive option for investors as it offers limited liability protection and a separate legal identity. This can make it easier for the company to raise funds and grow.

Increased credibility:

A registered private limited company is seen as a more credible and established business, which can help to build trust with customers, suppliers, and partners.

Process of Private Limited Company Registration in Gurgaon

1 Obtain DSC and DIN 

The first step to registering a private limited company in Gurgaon is obtaining a Digital Signature Certificate (DSC) and a Director Identification Number (DIN) for each company's directors. DSC is an electronic signature used to sign the e-forms, and DIN is a unique identification number for the director assigned by the Ministry of Corporate Affairs.

2 Name Approval

The next step is to get the company name approved by the MCA. The company name must be unique, not identical or similar to an existing company name, and should be in accordance with the guidelines provided by the Ministry.

3 Filing of e-Forms

Once the name has been approved, the next step is to file e-Forms with the Registrar of Companies (ROC) in Gurgaon. The forms required are SPICe (Simplified Proforma for Incorporating Company Electronically), INC-9 (Declaration of Compliance), and INC-22 (Notice of Situation of Registered Office).

4 Obtain PAN and TAN

The company will also need to obtain a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Income Tax Department.

5 Obtain Company Seal

Once the e-Forms have been filed and approved, the company will receive a certificate of incorporation, which serves as proof of its legal existence. The company must also obtain a company seal, which is used for affixing signatures on important documents.

6 Open a Bank Account

The final step is to open a bank account in the name of the company and deposit the authorized capital. This will help in the smooth functioning of the company and keep its finances organized.

Required Documents for Private Limited Company Registration in Gurgaon

 Company Details 

1 Two Proposed Names

2 The objective of the proposed company

Subscribers & Director’s Documents

1 PAN Card of all the Subscribers/Directors

2 Photographs of all the Subscribers/Directors

3 Aadhar Card of the Subscribers/Directors

4 Mobile and Email of all the Subscribers/Directors

5 DL/Voter ID/ passport, anyone documents of all the Subscribers/Directors

6 Bank statement/  Electricity Bill in the name of the Subscribers/Directors, anyone documents of all the subscribers/directors

Proof of Registered Office

1 Latest utility bill i.e. electricity, landline, water bill, etc.

2 For a rented place, a rent agreement is required in the name of the proposed company