Private Limited Company Registration in India
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Private Limited Company Registration in India
Obtain Private Limited Company Registration in India with our legal services creative work!
get started!
6000 +
Business served
9.6/10
Customer Ratings
100 %
Satisfaction
What is a Private Limited Company?
As per section 2(68) of Companies Act, 2013, Private Limited Company is a company whose AOA restricts the transferability of shares and prevents the public at large from subscribing to them.
Requirements for Private Limited Company Registration:
Two Directors:
A Private Limited Company should have at-least two directors. The same two directors can become shareholders of the company. However, only a maximum of 200 people can become shareholders in a Private Limited Company.
No Minimum Capital:
A Private Limited Company should have minimum authorized share capital of at least INR 1 lakh.
One Resident Director:
At least one director (from the two directors) must be resident Indian for Private Limited Company Registration. Resident Indian means a person who have spent at least 182 days or more in India.
Unique name:
A Private Limited Company should have a unique name that has not been used by any other existing company.
Benefits of Incorporation of Private Limited Company (Pvt. Ltd. Co.)
Separate Legal Existence
Once a Private Limited Company is registered, it is considered as a completely new entity in eyes of law. The company enjoys its own identity, and thus it can sue or be sued in its own name and can also possess assets in its name.
Easy fund raising and loan approvals
Due to the credible and robust business structure of a Private Limited Company, it enjoys wide options for fundraising in the form of private equity, ESOP, and more.
Protects from personal liability
A Private Limited Company’s obligation and debt does not create a charge over the owner’s personal assets.
No compulsory commercial space needed
Even a space as small as a rented house can be a registered address if proper NOC is obtained for conducting business from Landlord.
No minimum Capital amount for company
There is a misbelief among many business owners that it requires huge capital to start a Private Limited Company. However, a Private Limited Company can be started with minimum capital amount.
Documents Required for Private Limited Company Registration:
PAN Card
PAN Card of Share Holders and Directors. However, Foreign Nationals should provide a valid Passport Copy.
Identity Proof
Aadhar Card/Voter ID/Passport/Driving License of Directors and Shareholders
Director’s Address Proof
Latest Electricity Bill/Telephone Bill/ of Directors and Shareholders
Photograph
Latest Passport Sized Photograph of Directors and Shareholders
No Objection Certificate (NOC) from the owner
NOC from the owner(s) of the registered office
Business Address Proof
Latest electricity Bill/Telephone Bill/Rent Agreement of the registered office premises
Rent Agreement
In case the office premises are rented, then rent agreement of the office will be required
Notary
In case directors or shareholders are NRI's or Foreign nationals, then the documents of these directors should be notarized
How will we help?
- Obtaining Digital Signature Certificate (DSC) for 2 directors
- Applying for PAN and TAN of the Pvt Ltd Co.
- Conducting Name search and confirming availability of Name (Trademarking name of your Pvt Ltd Co.)
- Obtaining Director Identification Number (DIN) for 2 directors
- Drafting and Filing of MOA & AOA online
- Obtaining Certificate of Incorporation from Registrar of Companies (RoC)
12-day Process to register a Private Limited Company:
Day 1-2:
- Review of documents and information provided
- Application for Digital Signature Certificate
Day 3-6:
- Checking Name availability
- Drafting of MoA, AoA & other required documents
Day 7 – 9:
- Name reservation application under SPICe
- Filing company registration application
- DIN allotment application
- Application for PAN and TAN of company
Day 10-12
- Government processing time
Day 1-2:
- Review of documents and information provided
- Application for Digital Signature Certificate
Day 7 – 9:
- Name reservation application under SPICe
- Filing company registration application
- DIN allotment application
- Application for PAN and TAN of company
Day 3-6:
- Checking Name availability
- Drafting of MoA, AoA & other required documents
Day 10-12
- Government processing time
Frequently Asked Questions
All you need to know before applying for Private Limited Company Registration:
More questions? Seek help of our experts
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