Brief Incorporation process for incorporation of Private Limited Company(LLC) In India.
Sl no. | Particulars | Requirements |
1 | Minimum 2 shareholders required | May be Body corporate or Individuals |
2 | Minimum 2 directors required | One should be resident of India who has stayed in India for 182 days in previous calendar year. |
3 | Digital Signature for both directors | For Indian National – PAN card and residential proof duly attested by banker For Foreign National – Passport and address proof duly notarized from the home country. |
4 | Director Identification Number(DIN) | For Indian National - PAN card and residential proof For Foreign National – Passport and address proof duly notarized from the home country |
5 | Name application | 2 name in order of preference to be filed with brief proposed main objects of the company with two chances |
6 | Capital Requirement | Company can be incorporated by subscribing INR 1 only by each member. |
7 | Incorporation Documents | After approval of name following documents to be submitted :- 1. Memorandum and Articles of the Company 2. Declarations in connection with incorporation of the Company. 3. Consent letters of directors etc. |
8 | Registered office documents | 1. Proof of ownership of the address such as lease deed, registration deed etc. Utility bill latest 2. No objection from owner of premises. |
9 | Company Registered | Certificate received |
Capital infusion reporting
1 | Opening of bank account in the name of Company | Credited capital amount by which memorandum has subscribed. |
2 | Reporting to RBI | Capital infusion to be reported with RBI in prescribed forms. |