Why Choose Private Limited Company?
A Private Limited Company offers limited liability protection and credibility that proprietorships lack. For growing businesses in Singrauli's industrial ecosystem, it's the preferred structure.
Advantages of Pvt Ltd
Limited Liability: Personal assets protected from business debts
Easy Funding: Banks and investors prefer lending to companies
Perpetual Existence: Company continues even if directors change
Tax Benefits: Lower corporate tax rate (25% for turnover up to Rs. 400 Cr)Requirements for Incorporation
1. Minimum 2 Directors (can be same as shareholders)
2. Minimum 2 Shareholders
3. Unique Company Name (not similar to existing companies)
4. Registered Office Address in India
5. Minimum Rs. 1 Lakh Authorized Capital (no minimum paid-up)Documents Required
Directors: PAN, Aadhaar, Photo, Mobile, Email
Registered Office: Electricity Bill + NOC from owner
Digital Signature Certificate (DSC) for all directorsIncorporation Timeline
Name Approval: 1-2 days via SPICe+ form
Incorporation Certificate: 5-7 working days
Total Time: 7-10 days (with proper documents)Post-Incorporation Compliance
- PAN & TAN (issued automatically)
- GST Registration
- Bank Account Opening
- Annual ROC Filings (MGT-7, AOC-4)
- Statutory Audit
Ready to incorporate? HCS handles end-to-end company registration and annual compliance.