Opening a business in India is a great step towards entrepreneurial success. A Private Limited Company (Pvt Ltd) is a legal business structure in which the liability of the organization is limited to the members and the ownership of the company is privately owned. Businesses prefer this type of structure as one of the most popular because it is flexible and credible. Registering a private limited company in Andhra Pradesh is particularly advantageous for having supportive infrastructure and government incentives. This guide gives the reasons why entrepreneurs should register their businesses, the procedure involved and the legal regulations to follow in order to achieve ease in starting businesses.
As a form of company, a Private Limited Company is limited and owned privately in India. It provides limited liability protection, in other words, the personal assets of the shareholders are not at risk. The Indian Private Limited Company should consist of two to 200 members. A private limited company does not have shares that can be listed in the stock market. This structure is ideal for startups and growing businesses, offering legal recognition, credibility, and investor appeal.
The fee for Private Limited Company Registration in Andhra Pradesh, including government fees, paperwork charges, and expert help needed to get your company started.
Service Description | Fee (INR) |
---|---|
Digital Signature Certificate (DSC) | ₹3,000 |
Government Fee (Stamp Duty) | ₹2,500 |
Professional Fee | ₹3,499 |
Total Cost | ₹8,999 |
The incorporation of a private limited company online in India takes 7 to 10 working days. This involves Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval and filing of incorporation forms to the Ministry of Corporate Affairs (MCA) after document verification and time taken in the process.
Here are the all the list of document required for Online private limited company registration in Andhra Pradesh:
For Directors/Shareholders
For Registered Office
The eligibility criteria for registering a Pvt ltd company in Andhra Pradesh.
Learn the complete process to register a private limited company, including legal steps, documents, and compliance.
Step 1: Obtain Digital Signature Certificate (DSC)
For online Pvt Ltd company registration in Andhra Pradesh, the initial thing that needs to be done is that a Digital Signature Certificate (DSC) of all the proposed directors should be acquired. DSC is a digital secure certificate issued by the certifying authorities and is compulsory to sign the e-forms filed to the Ministry Of Corporate Affairs (MCA). In this process, the authenticity of all the electronically filed documents is promised.
Step 2: Obtain Director Identification Number (DIN) for Directors
For private limited company registration online every director must also have a Director Identification Number (DIN). The number acts as his or her identification number and has to be issued by the MCA. The DIN is available when one files the SPICe+ form when going through the process of incorporation. It connects a director to all organizations he or she is in and it is legally required.
Step 3: Reserve a Company Name and File for Incorporation
Next, you will have to book a unique name of the company with the MCA, through their RUN (Reserve Unique Name) service. Once your name is approved, complete SPICe+ form, which combines multiple applications, including company registration, allotment of DIN, PAN/TAN, and optional applications (GST). Upon verification and approval of the same, the Certificate of Incorporation is issued by the Registrar of Companies (ROC).
Here are the list of documents issued by ROC once the incorporation of Pvt Ltd Company Registration is completed:
Establishment of a Pvt Ltd company has a number of benefits, particularly in Andhra Pradesh:
Post-registration compliance is how your Private Limited Company will remain legally active and remain out of penalties. The major responsibilities of the company secretary are appointment of auditors, issue of share certificates and annual returns to the Registrar of Companies.
A Private Limited Company is required to appoint a statutory auditor within a period of 30 days after the incorporation. It is the role of the auditor to examine financial records as well as to verify the compliance of the laws guiding finances.
Share allotment should take 60 days after which share certificates are issued to every shareholder. Ownership is certified through these certificates and they should be duly signed and stamped.
All the company has to submit annual returns to the ROC (Form MGT-7) and financial statements (Form AOC-4) to report the activities of the company to be statutorily compliant every financial year.
Grow My Vyapar makes company registration simple and easy. Our experts manage documentation, offer legal guidance, and simplify the entire process. With our affordable prices along with complete support, will ensure that starting your Pvt Ltd company in Andhra Pradesh is easy and hassle-free so you can focus on building your business.
Registering a Pvt Ltd company in Andhra Pradesh is a strategic move for entrepreneurs seeking expansion and validity. The state of Andhra Pradesh is an ideal to do business, considering that it has a well-laid legal architecture and governmental initiatives. Using the correct procedure and adhering to it, you will be able to build an effective legal framework of your venture.
Yes, a Pvt Ltd company may be voluntarily closed down under Fast Track Exit (FTE) scheme or struck off by Registrar in case it remains inactive and conditions have been complied with.
Yes, you can change your company or the registered office address. All that is necessary is to make a board resolution and the forms necessary are filed before the Registrar of Companies (ROC).
No, a minimum of two directors and two shareholders is required to register a Pvt Ltd company.
A registered office is where all official documents and government notices are delivered. It has to be filed with the Registrar of Company (ROC).
Yes there can be an NRI or a foreign national in the form of a director or a shareholder but certainly there has to be at least one resident Indian in the director level.