What are the minimum requirements to register a private limited company?
Minimum Requirement Of Private Limited Company
- A minimum number of two Directors.
- One of the Directors of a Private Limited Company must be an Indian Citizen and an Indian Resident.
- A minimum number of two Shareholders.
- No Minimum Paid capital is Required.
HOW DOES AURIGA ACCOUNTING HELP IN REGISTER PRIVATE LIMITED COMPANY?
- Name Reservation: Auriga
- often assist in the process of choosing a unique and compliant name for the Private Limited Company. They can check the availability of the proposed name and ensure that it complies with the guidelines of the Ministry of Corporate Affairs.
- Documentation and Paperwork: The registration process involves a significant amount of documentation, including the preparation of the Memorandum of Association (MoA) and Articles of Association (AoA). Auriga Accounting can assist in drafting and organizing these documents in accordance with legal requirements.
- Filing with Registrar of Companies (RoC): Auriga Accounting are typically involved in the submission of documents to the Registrar of Companies. This includes the application for company registration, along with all the necessary supporting documents.
- Director Identification Number (DIN) and Digital Signature Certificate (DSC): Obtaining DIN for directors and DSC for at least one director is a crucial step. Auriga Accounting often assist in obtaining these essential identification numbers and certificates.
- Legal Compliance: Auriga Accounting help ensure that the Private Limited Company complies with all legal requirements under the Companies Act. This includes adherence to annual filing obligations, conducting board meetings, and maintaining proper financial records.
- Tax Registration: Auriga Accounting can assist in obtaining the necessary tax registrations, such as Goods and Services Tax (GST) registration and Permanent Account Number (PAN), which are essential for a Private Limited Company.
- Financial Advisory: Beyond the registration process, Auriga Accounting may offer ongoing financial advisory services. This includes assistance with bookkeeping, accounting, taxation, and financial planning.
- Audit and Assurance: Auriga Accounting also provide audit and assurance services, ensuring that the company’s financial statements are accurate and comply with accounting standards.
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