Private Limited Company Registration

Private Limited Company Registration in Gujarat

Introduction

A Private Limited Company is one of the most preferred business structures in India, especially for small and medium-scale enterprises. In Gujarat, businesses looking for structured growth and credibility often opt for Private Limited Company registration. As per the Companies Act, 2013, a Private Limited Company can have a maximum of 200 members.

Upon registration, the company attains a separate legal identity, meaning it continues to exist regardless of changes in ownership, including the death or resignation of its directors or shareholders. This makes registering a Private Limited Company crucial for ensuring business continuity. The registration process can be done through professionals or the Ministry of Corporate Affairs (MCA) online portal.

L & C TechFin Advisory Pvt Ltd provides expert assistance in Private Limited Company registration, ensuring compliance with all legal requirements and a seamless incorporation process.

Why Register a Private Limited Company?

1. Limited Liability – The liability of shareholders is restricted to their shareholding.

2. Separate Legal Entity – The company operates independently from its owners.

3. Perpetual Succession – The company’s existence is not affected by changes in ownership.

4. Easy Transferability – Shares can be transferred without affecting business operations.

5. Increased Credibility – Enhances trust among investors, banks, and customers.

Requirements for Incorporation of a Private Limited Company

According to the Companies Act, 2013, the following documents and details are required for incorporation:

Documents Required

• Identity & Address Proof

  • Passport-size photo of directors

  • PAN Card of all directors and shareholders

  • Aadhaar Card/Passport/Voter ID/Driving License (any one)

  • Latest Address Proof (Bank Statement/Utility Bill not older than 2 months)

• Business Address Proof

  • For rented/leased offices: Lease Agreement + NOC from the Landlord + Utility Bill (not older than 2 months)

  • For owned offices: Property Papers + NOC from the Owner + Utility Bill

• Director-Specific Documents

  • Digital Signature Certificate (DSC)

  • Director Identification Number (DIN) (if any)

Basic Information Required

• Authorized and Paid-up Share Capital of the Proposed Company

• Place of Birth & Residential Address Duration of Directors

• Occupation, Educational Qualification, and Business Objective of the Company

• Email ID & Contact Number of Directors and Shareholders

Private Limited Company Registration Process in Gujarat

The Ministry of Corporate Affairs (MCA) has introduced an integrated form, SPICe+, which simplifies the registration process. Below are the steps for incorporation:

1. Application for Name Reservation

   • Select a unique name and check availability on the MCA portal.

   • Ensure no similar name exists under the relevant trademark class.

   • Apply for name reservation using SPICe+ (Part A).

2. Filling SPICe+ (Part B)

   • Provide company details, including directors, shareholding pattern, and business activity.

   • Save and modify information if required before submission.

3. Conversion of SPICe+ Form into PDF

   • The form is converted into a PDF to affix the DSC (Digital Signature Certificate).

4. Uploading on MCA Portal

   • The signed form is uploaded on the MCA portal for approval.

5. Declaration of Subscribers & First Directors

   • A declaration (Form INC-9) must be submitted electronically, except in cases where:

     • The number of subscribers/directors exceeds 20.

     • Any subscriber/director lacks a DIN and PAN.

Recent Amendments in Private Limited Company Registration

1. No Need to Mention SRN

   • SRN for name reservation in SPICe+ (Part A) is auto-generated in Part B.

2. Mandatory Registration for ESIC and EPFO

   • Effective 23rd February 2020, companies must register for Employees’ State Insurance Corporation (ESIC) & Employees’ Provident Fund Organization (EPFO) during incorporation.

3. Mandatory Professional Tax Registration (For Maharashtra-based Companies)

   • Companies incorporated in Maharashtra must register for Professional Tax.

4. Mandatory Bank Account Opening

   • Companies must apply for a bank account through the AGILE-PRO web form during incorporation.

5. Mandatory Use of e-MoA (INC-33) & e-AoA (INC-34)

   • Electronic filing of Memorandum of Association (MoA) and Articles of Association (AoA) is mandatory in certain cases.

6. Statutory Return Filing Requirements

   • Companies obtaining EPFO/ESIC registration must file statutory returns only if the prescribed threshold limit is exceeded.

How L & C TechFin Advisory Pvt Ltd Can Assist You?

At L & C TechFin Advisory Pvt Ltd, we provide end-to-end solutions for Private Limited Company registration in Gujarat. Our expert team ensures compliance with all legal requirements, minimizing delays and simplifying the process.

Our Services Include:

✅ Name Reservation & Approval ✅ DSC & DIN Processing ✅ MoA & AoA Drafting ✅ Company Incorporation via SPICe+ ✅ ESIC, EPFO, and GST Registration ✅ Bank Account Setup Assistance ✅ Post-Incorporation Compliance Guidance

Conclusion

Registering a Private Limited Company in Gujarat offers multiple advantages, including limited liability, credibility, and ease of business operations. While the process involves several legal steps, expert assistance from L & C TechFin Advisory Pvt Ltd ensures a hassle-free registration experience.

For professional consultation and seamless company registration services, contact L & C TechFin Advisory Pvt Ltd today!