Basic Requirements to Apply for Private Limited Company Registration In India

There are many reasons that influence the choice of the type of the business one is planning to register in India. The size and nature of the business, scale, fund raising must be taken into account while choosing the type of the business entity. Have a look at the basic requirements that you must be aware of for applying for the private limited company registration in India. People hire specialists for the online registration procedure in order to avoid technical hurdles. You may anytime get in touch with us at Swarit Advisors.

1. At least two investors or shareholders are required to consolidate a Private Limited Company in India. The investors can either be a Foreign individual or from foreign country.

2. Minimum of two directors are required out of which, one ought to be an occupant in India. Take a note of the prerequisite which says that the individual must be of Indian resident, which implies that an outside national who is an Indian inhabitant is eligible. Indian Resident means any individual who has remained in India for over 182 days in the past year.

3. Foreign Investment ought to be permitted in that Industry.

Documents that are required to Register a Private Limited Company

In the case that you need to enlist an entirely claimed subsidiary, at that point we require the holding organization's documents.

· Foreign Company Documents:-

The registration certificate of the foreign company,

The Board resolution authorizes the foreign company to invest in India,

Memorandum & Articles of the foreign company,

· Foreign Director:-

Passport, Utility Bill and the Driving License with the passport size photographs of each director is required. And all these documents must be self-attested.

· Indian Resident Director:-

For Indian resident directors the copies of the Pan Card, ID Proof such as driving license or voter id, or Passport is required and address proof as well such as telephone bill or the bank statement.

· Documents for the registered office:-

Address proof of the place of the business such as electricity bill or water bill,

No objection letter from the property owner of the office,

Source by: https://swaritadvisors.puzl.com/_news/Apply-for-Private-Limited-Company-Registration-In-India/131574