
Hey young entrepreneurs! Ever dreamed of starting your own company, like creating that cool new app or opening that fantastic skateboard shop?
Well, if so, you may want to look into registering a private limited company in India. Its more akin to the creation of a special team for your business. It is one of the most popular ways to start a company here.
So, what is a private limited company?
It's a term that, in many ways, gets shortened in India to the forms private limited co or PVT LTD company. What it essentially means is a company with just a handful of owners such as your family members and close friends. This, in turn, makes it something like a secret club for your business.
Why start with a private limited company?

The reasons people open a limited company in India are as follows:
Minimal liability: That is to say, in case your company gets into trouble, you will not lose your personal belongings, such as your house or your favorite video game console.
Easier to get money: Banks and investors feel comfortable giving money to pvt ltd company in India because they seem more organized and trustworthy.
It can run perpetually: If the promotor owners move from the place, the pvt ltd in India can continue its operations.
What is the procedure to Incorporate a Private Limited Company
Ready to start your own private limited company in India? That's Great! Here's an easy-to-understand guide that will help you:
Choose a unique name: Create a name for your company, and it should not be the same as any other company, and it should be memorable and enable people to discuss business activities conducted by the company.
DSC: It is a Digital Signature Certificate. You will use it for electronic signing of any document.
Director Identification Number: Each director of your Pvt Ltd in India is bound to require an identification number that's unique.
First Step: Reserve the name of your company. This could be online if done at the Ministry of Corporate Affairs MCA website. Sometimes, it takes sometime for MCA to approve the name. Not to worry, that's absolutely normal!
Reserve your company name: Prepare the documents that are needed. Some paper work like rules of your company and who are the owners.
Apply for incorporation: This is a procedure for registration of a ltd company with the MCA. Even this can be done online.
Tips to get registered easily

Start Early: Company registration in India takes some time, so start this process as early as possible.
Seek professional guidance: If there is a small doubt over any of the areas, seek consultation from a startup consultant like us at StartupFlora. We can help in the process for company incorporation in India.
You check your document: Ensure you fill all of your documents duly so that nothing gets delayed.
Tips for a smooth registration process:
As far as procedures for Company registration in Chennai or at any other place, they are approximately the same.
You can make an online application as a limited company, which saves a lot of time.
But there is no option for LLC India registration and a private company is equivalent in concept.
Startup Flora is here to help!
It's very exciting but also confusing. Relax, we, at Startup Flora, will be there each step of the way! Let us take care of the paperwork and get your Company registration in India in place without a hitch.
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