Process of Private Limited Company Registration in Mumbai

Application for Name Approval

Applicants must submit two different names and major objectives for the new firm to the MCA for approval, with only one name being authorised. The names offered should ideally be one-of-a-kind and descriptive of the company's business, and they should end with the phrase "Private Limited."

Application for Digital Signature Certificate (DSC)
We will use Digital Signature Certificates (DSC) of shareholders and directors to digitally sign the paperwork once the name has been applied. This stage can be bypassed if the directors/shareholders already have DSC.

Final Submission of SPICE+ forms along with MOA and AOA
After the name is approved and DSC is generated, we need to prepare and submit incorporation application in SPICE+ forms along with Memorandum of Association (MOA), Articles of Association (AOA), and AGILE form for final approval.

Get Incorporation Documents
The incorporation certificate usually takes 3-5 days following the final filing. The certificate of incorporation provides confirmation that the business has been established. PAN, TAN, ESIC, EPFO, and a certificate of professional tax registration will all be received at the same time.

Opening of Bank Account
To open a current account and begin business activities, the applicant must submit the Incorporation certificate, MOA, AOA, PAN, TAN, and other needed documents to the bank.

Basic Requirements for Online Private Company Registration in Mumbai

There Are Few Necessities To Be Known Before Registering A Private Limited Company In Mumbai

A minimum of two shareholders is necessary to form a Private Company under the Companies Act of 2013, however the maximum number of members in a Private Company is 200. If a private limited company faces financial difficulties, the shareholders should be held to a lower level of responsibility because they are not required to liquidate their own assets to help the company.

In order to register a corporation online, at least two directors must be selected, with a maximum of 15 directors allowed. Additionally, the proposed director must be at least 18 years old. In Mumbai, any foreigner can become a director of a private limited corporation.

The registration of a Private Limited Company does not require a minimum paid-up capital. Every Private Limited Company, on the other hand, should add "Pvt. Ltd." to the end of its name.
The name of the private limited company should be distinct from that of any other registered firm or trademark. Before registering your planned company, it is preferable to avoid any objectionable names.

Documents Required for Private Limited Company Registration in Mumbai

List of documents that the Director and Shareholders must provide –

The documents necessary to be presented by all proposed directors and shareholders of the firm are listed below. All supplied documents must be valid and readable.

Aadhaar Card/Voters ID/Passport/Driving License Scanned copy of PAN Card Scanned copy of Aadhaar Card/Voters ID/Passport/Driving License
a scanned copy of your most recent bank statement, phone bill, post-paid mobile bill, or electricity bill (The address proof shall be recent and not older than 2 months)
a passport-sized photograph that has been scanned

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