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Online Convert a Public Limited Company to Private Limited Company

Now increase your business faster and easily through 100% online process quick and affordable service. register your private limited company just with #StartupSearch specialized professionals.

₹ 5,999 (All Inclusive)

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Public Limited Company to Private Limited Company

A Public Limited Company, legally known as PLC, is a publicly held company. It is a limited company whose shares can be traded with the public. PLC can be listed or not listed in the stock exchanges. PLC requires a minimum of 3 Directors as a prerequisite.

A private limited company or famously known as LTD is a privately held company. This implies that the business limits owner liability to its shares and limits number of shareholders to 50. It also restricts shareholders from trading shares publicly.

What Is Included In Our Package?

Procedure For Conversion

 Basic Details Form

Basic Details Form

Get Start Work
Obtaining DSC & DIN

Obtaining DSC & DIN

1 Working Day
RUN Verification And Name Approval

RUN Verification And Name Approval

1 Working Day
Drafting Of MOA & AOA

Drafting Of MOA & AOA

2 Working Days
 Congratulations

Congratulations

Your Work Is Completed

Documents Required For Company Registration

  • Self attested copy of PAN Card of each director
  • Self attested copy of Voter’s ID/Passport/Driver’s License/ Aadhaar Card of each director
  • Self attested copy of Bank Statement of each director
  • Passport-sized photograph of each director
  • Self attested copy   Mobile Bill/Electricity (Business Place in which registered office)
  •  Softcopy of Notarized Rental Agreement / Property Ownership proof
  • Softcopy of Landlord NOC (Format will be provided)
  • Softcopy of Sale Deed/Property Deed (in case of owned property)

Minimum Requirements For Company Registration

Advantages Of Private Limited Company

5 SIMPLE STEPS

To Start Private Limited Company in India

1.	Startup Search will apply for DSC & DIN of Directors:

1. Startup Search will apply for DSC & DIN of Directors:

First of all, the Directors have to apply for Digital signature and DIN. Digital signature is an online signature used for E-filing and refer to Director Identification Number issued by MCA.
STEP 1
2.	RUN (Reserve Unique Name) search & approval:

2. RUN (Reserve Unique Name) search & approval:

You need to provide 2 unique & different names for your company, of which one will be selected by MCA. Names provided should ideally be unique and shows objects of the company business.
STEP 2
3.	Startup Search will Prepare MOA, AOA  :

3. Startup Search will Prepare MOA, AOA :

Once name is approved, we needs to draft Memorandum of association and Articles of Associate. Then both MOA and AOA are filed electronically with the MCA.
STEP 3
4.	Get your Company Incorporation Certificate:

4. Get your Company Incorporation Certificate:

It typically takes 5 – 7 days to incorporate a Private limited company and get the incorporation certificate. Incorporation certificate is a conclusive evidence that shows company has been created. It also includes CIN number (Corporate Identity Number), PAN and TAN of the company, EPFO & ESIC Registration.
STEP 4
5.	            All documents courier by startup search

5. All documents courier by startup search

Once your company has been incorporated, we shall send to all documents and DSCs to the clients
STEP 5

Frequently Asked Questions

1.Do I have to physically visit ROC Office during registration of LLP?

The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail. They get the company incorporation certificate from MCA via courier at their business address.

2. Who is the Registrar of Companies (ROC) ?

ROC is a Government office with whom companies get registered. Every State has one ROC office except Maharashtra and Tamilnadu where there are two ROC offices. In Maharashtra companies are registered with Mumbai & Pune ROC. In Tamilnadu companies are incorporated at Chennai and Coimbatore ROCs. In all other States like Delhi there is only one ROC office, like at Bangalore, Hyderabad and so on.

3. How can we select name of Company?

Firstly we just need to find a unique name as prefix and promoters need to provide name of the proposed company along with significance of word. Secondly the name needs to include a word about the company business activity. Finally before selecting Names it will be advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.

4. Do I have Office (commercial) space to start a Company?

No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of the Company. This office address can be changed at any time after incorporation of the company. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office.

5. Can we change office address of Company after Incorporation?

Yes, company office address can be changed anytime after incorporation.

6. Who can be a Shareholders & Directors in Private Limited Company?

Any individual/organization can become the member of the private limited company including foreigners/NRI. However, the individual must 18+ above in terms of age and should have a valid PAN card.

7. How many Shareholders & Directors are required to incorporate a Private Limited Company?

Yes, you need a minimum of two directors for a private limited company. The maximum members can be 200. If you are the sole owner, you can register as a One Person Company.

8. How much time is needed for setting up a private limited company in India?

If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

9. How much money do I need to start a Private Limited Company?

No minimum  paid-up Capital is required to start a Private Limited Company.

10. Is Private Limited Incorporation to be renewed every year?

No. Once the company is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year companies have to file very basic returns with ROC office.

11. What is a DIN and why is it required for incorporation?

Director Identification Number (DIN) is a unique identification number required for a person to become a director of a company. DIN is issued by ROC office (Ministry of Corporate Affairs).It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a director of a company.

12. What is a DSC and why is it required?

A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used in physical documents.

13. What is MOA/AOA?

MOA means Memorandum of Association and AOA means Articles of Association. These are the byelaws or rules based on which important matters like main business of the company or meetings is decided. These are standard legal documents prepared by Company Secretaries during registration of the Company.

14. What is PAN /TAN NUMBER?

 PAN is a Permanent Account Number (10-digit alphanumeric number), which is issued by the Income Tax Department in India. A PAN Card is used as a document of identity proof. 
(TAN) is a Tax Deduction and Collection Account Number (10-digit alphanumeric number), issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.

15. What is Capital of Company?

Capital means investment made by shareholders into the company. Authorized capital is an amount up to which company can issue shares. This capital is mentioned during incorporation of the company based on which ROC registration fees and stamp duty is paid. Paid up capital is an actual investment which goes from shareholders into company bank account, against which share certificate is issue by the company.

16. Does my business have to have some turnover to start a Private Limited?

This is not true, a Private limited company is one of the mode of doing business, which means it can be started from scratch. For that matter even after incorporating a private limited there is no obligation that the company must have sales or turnover.

17. Does PF, Service Tax or VAT is automatically applicable to Private Limited?

There is no automatic applicability. Provident Fund (PF), Service Tax or VAT law applicability is same for all types of businesses like sole proprietorship, partnership firms and companies. These laws are applicable only after crossing certain threshold limits.

18. Can a Salaried person become the director in Private Limited Company?

Yes, a salaried person become the director in private limited company, there are no legal bondages in this, but you have to go through with your employment agreement if it contains any restrictions on doing so.

19. Can an NRI / Foreign National be a director in a Private limited Company?

Yes, an NRI or Foreign National can be a Director in a Private Limited Company after obtaining Director Identification Number. However,  atleast  one Director on the Board of Directors must be a Resident of India.

20. What is Common Seal?

The Common Seal is the official signature of the company. Any documents on which Common seal is affixed, is deemed to be signed by the company.

21. Other concerns regarding A Private limited Company:

A Private Limited Company needs a few more ROC compliance translating into an additional cost of 5000 to 10000/annum.

No minimum capital is required.

A Private limited company can have a maximum of 200 members.