Private Limited Company Registration
Private Limited Company Registration Starting at just ₹999 + Govt Fee
Get expert assistance for Indian company registration, including SPICe-INC-32, eMoA-INC-33, and eAOA-INC-34 filings on MCA, along with DSC provisions, all completed in one go for your company.
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Hikmadh’s incorporation experts register over 200 companies every month.
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7-day Incorporation + annual compliance solution+ Govt. Fee
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Private Limited Company - An Overview
“Companies Act, 2013 (India) “
This act governs the incorporation, regulation, and winding up of companies in India. It specifies the procedures for registering a private limited company with the Registrar of Companies (ROC)
A private limited company is a business entity where ownership is restricted to a small number of shareholders, and shares cannot be publicly traded. Here the shareholder liability is limited to their investment in the company and can have up to 200 shareholders. The shares are not publicly traded. The company’s registration and operations are governed by the Register of Companies (ROC). The directors have to submit their Director Identification Number (DIN) and Digital Signature Certificate (DSC) for incorporation. Documents like the Memorandum of Association (MoA) and Articles of Association (AoA) have to be submitted in the MCA portal. Post registration, the Ministry of Corporate Affairs (MCA)will provide the incorporation certificate and will display the company’s details on the website.
Advantages of Registering as a Private Limited Company
One of the primary benefits of a private limited corporation is its flexible management structure. Aside from that, it possesses perpetual succession, which means it will exist indefinitely unless lawfully dissolved. Here are some further advantages of registering as a Private Limited Company:
Eligibility Criteria for Private Limited Company Online Registration
According to MCA requirements, a private limited company must be registered with at least two directors and shareholders. Directors must be persons, whereas stockholders might be either individuals or corporations. Additionally, a registered office address in India is required. The following criteria must be completed when applying for private limited company registration:
- The applicant’s minimum age should be 18 years old.
- Applicants must be citizens or residents of India.
- There should be about 200 to 300 members.
- The minimum number of directors or shareholders must be two.
Checklist for Private Limited Company Registration
- At least two directors.
- Directors and stockholders may be the same person.
- All directors should have DIN and DSC.
- Have the minimum authorised share capital.
- Have the minimum paid-up share capital.
- Draft, MoA, and AoA
PVT Ltd Company Registration Documents Required
- Photographs of directors in passport size
- Residential address proof for directors
- Photo identification proof for directors
- Sample signatures
- A self-declaration confirming directorship in other companies
- Lease/Rent agreement for the registered office
- Letter of no objection from the property owner
- Aadhaar card
- PAN card
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Memorandum of Association (MoA)
- Articles of Association (AoA)
Characteristics/Features of a Private Limited Company
The characteristics of a limited liability company are the limited transfer of shares, the status of a separate legal entity and the limited liability of shareholders. Here’s an equally clear overview:.
- It is a separate legal entity with a Limited Liability Structure
- Property and assets can be owned under the name of the company
- Legal Business activity can be conducted under the company name
- There is no minimum paid up capital for registering a Private limited company
- A private limited company is separate from the shareholders
- The shareholders enjoy limited liability with respect to the shares in the company
- The total number of shareholders is limited to around 200
- Individuals and corporate entities can be shareholders
- The Companies Act of 2013 governs the private limited company complaints
- The private limited company should file legal requirements like annual financial statements
- Registered private limited companies should hold annual general meetings
- Shares of the private limited company cannot be traded publicly
- Transfer of shares is highly restricted and requires approval of existing shareholders and the board of directors
- The shareholders can appoint the directors to manage the company’s day-to-day task
- The shareholders and the directors can be one and the same
- Registered private limited companies can issue shares to investors to raise capital
- The capital can be generated through loans from banks and other means
- Company capital is not based on the personal assets of the shareholder.
Steps to Register Your Private Limited Company
To register a private limited company in India, you need to obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the proposed directors, and then file the incorporation documents with the Ministry of Corporate Affairs (MCA) through the online SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form. Vakilsearch offers an easy, three step process for business registering:
STEP : 1
Consult our Experts
STEP: 2
Provide all the Required Documents
STEP: 3
FIle MoA, AoA, PAN, TAN and Get Incorporation Certificate
1. Name Approval Process
After you finalise an unique name for your company our team will check for the name availability we will file a RUN form or SPICe-A form. Post name approval our team will file SPICe-B form.
2. Get Your (DSC) and (DIN)
We file form DIR-3 and help you to procure your Director Identification Number (DIN) and Digital Signature Certificate (DSC), which are essential for online document filing.
3. Filing and Incorporation
We will file your Incorporation Documents like MoA, AoA, Spice+ form and will make sure that your company gets its PAN and TAN ensuring all necessary paperwork is submitted accurately. MCA provides the certificate of incorporation post registration.
Private Limited Company Registration Fees
