Knowledge Base - Private Limited Company
File eForm1 A by logging in the portal along with a payment of fees of Rs.500/- and attaching the digital signature of the applicant proposing to incorporate the company. If proposed name is not available apply for a fresh name on the same application.
Yes, You can avail this service at MCA portal.
The approved name is valid for a period of 60 days from the date of approval. The Applicant can renew the approved name for another 30 days by submitting Form-1AR on MCA portal before the expiry of initial validity period along with the fees of Rs. 250/-.
Minimum no. of directors for:
- Private Limited Company: 2
- Public Limited Company: 3
- Producer company: 5
Minimum no. of subscribers for:
- Private Limited Company: 2
- Public Limited Company: 7
- Producer company: 10
The minimum paid up capital for
- Private Limited Company: Rs.1,00,000/-
- Public Limited Company: Rs.5,00,000/-
This limit is not applicable to company having licence under section 25.
In such a case, you need to file Form 1 again but same can be filed only after 15 days from the Challan Date. On attempting to file Form 1 before the expiry of above said period, the system will give an error message "Form 1 has already been filed corresponding to the form1A Reference Number".
In such a case, you need to file Form 5 again but same can be filed only after 15 days from the Challan Date. On attempting to file Form 5 before the expiry of above said period, the system will give an error message "There is/ are pending Form(s) 5 in respect of the company. Please file this form 5 after approval of the pending Form(s) 5."
You are required to file both these forms at MCA portal only once. The filed eForms shall be available at both the ROCs for approval/ registration. You shall be required to obtain the changed CIN and the Certificate for change of registered address from the ROC office, where the company is shifting.
The email ID is required for the purpose of communication with the company/ applicant. It has been made as a mandatory field for the following eforms:
You should use the words Private and/ or Limited in full only.
In the field 'Whether promoted by an existing company', details are to be given only where the company is being promoted by an Indian company. In your case, you should select 'No' as the company is being promoted by a foreign company.
Annual return as per Schedule V of the Companies Act, 1956 is required to be attached with eForm 20B. Hence, all the existing legal provisions relating to Annual return such as signatory, certification are required to be complied. The scanned copy of duly signed and certified Annual Return has to be attached to eForm 20B.
The applicant proposing to incorporate a new company can search for the name of the new company by using the Check Company Name service under Other Services tab on the homepage of MyMCA portal.