How much money is needed for private limited company?
How much money is needed for private limited company?
Commencing a private limited company formerly necessitated upholding a minimum paid-up capital of Rs. 1 lakh. Nonetheless, the Companies Amendment Act of 2015 eased this stipulation, abolishing the necessity for any minimum capital investment to inaugurate a private limited company.
What are the requirements for the Private Limited Company?
Prior to registering a Private Limited Company, certain fundamental requirements must be fulfilled by the applicant:
- A minimum of 2 Shareholders is mandatory.
- The company must have a minimum of 2 Directors and can have a maximum of 15 Directors.
- It is permissible for Directors and Shareholders to be the same individuals.
- Directors Identification Number (DIN) is a prerequisite for all Directors.
- Obtaining a Digital Signature Certificate (DSC) is essential.
- At least one director must be an Indian resident and citizen.
What are the Documents required for the Pvt Ltd Company?
Below is the compilation of essential documents required for the registration of a Private Limited Company in India:
- Passport (for Non-resident Indian or Foreign National)
- PAN Card (Permanent Account Number)
- Aadhar Card (Identity Card)
- Driving License or Voter ID (Proof of Address)
- Passport-size photos of all directors
- Recent Bank statements
- Recent Electricity bill or any utility bill (Proof of Address)
- Rent agreement (if the office is rented)
- NOC (No Objection Certificate) from the owner of the property
All documents must be scanned and submitted through the MCA (Ministry of Corporate Affairs) Portal as part of the registration process.
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Pvt Ltd Company Registration Fees
PVT Ltd Company Registration fees Table:
State Name
Registration Fees
Bihar
Delhi
Haryana
Kerala
₹ 4999/-
Madhya Pradesh
₹ 4999/-
Maharashtra
Rajasthan
Uttar Pradesh
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