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Private Limited Company Registration

Ideal for start-ups going for funding & growing business.

What is a Private Limited Company Registration?

Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors. In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority. It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.

Why Private Limited?

  • It is flexible and has limited liability
  • Greater capital contribution and greater stability
  • Possibility to grow big and expand

    • Documents Required

  • Copy of PAN Card of directors
  • Passport size photograph of directors
  • Copy of Aadhaar Card/ Voter identity card of directors
  • Copy of Rent agreement (If rented property)
  • Electricity/ Water bill (Business Place)
  • Copy of Property papers(If owned property)
  • Landlord NOC (Format will be provided)

    • Minimum Requirements

  • Minimum 2 Shareholders
  • Minimum 2 Directors are required
  • Minimum 1 Lac Share Capital
  • DPIN for all the Directors
  • At least one Designated partner should be an Indian Resident

    • Steps Involved in Private Limited Registration

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    Application of DSC & DPIN

    First of all, the partners have to apply for Digital signature and DPIN. Digital signature is an online signature used for filing and DPIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped.

    Name Approval

    You need to provide 3 different options for your company name to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.

    MOA & AOA Submission

    Once the name is approved, one needs to draft Memorandum of association and Articles of Associate. Both MOA and AOA are filed with the MCA with the subscription statement

    Get Incorporation Certificate

    It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification is proof that the company has been created. It also includes your CIN number.

    Apply for PAN, TAN and Bank Account

    Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with a bank to open your bank account.

    Advantages of Private Limited Company

  • Preferred by banks, VCs & investors.
  • Easy to allocate and redistribute shares to investors or other directors.
  • The separate legal entity which limits your liability.
  • Offers the flexibility of a partnership firm and the advantages of a
  • Public Ltd Company.
  • Easy to register, manage & run.
  • Easy to dissolve or wind-up.

    • Start Private Limited Company Registration

    Fill up the form below and our executive will get in touch with you very shortly.