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What is Private Limited Company?

A Private Limited Company is a business entity owned by a group of people called shareholders. Businesses with higher growth aspiration or private businesses with corporate hierarchy choose Private Company as suitable entity.

Any business can register as a private company under companies Act of 2013 in India. The company is registered with the Ministry of Corporate affairs (MCA) online or offline as may be convenient.

If you wish to start a business and incorporate your own company. Get your private limited company registered now.

Private Limited Company Registration Guide

Eligibility to register as private limited company?

Two Directors

Minimum of 2 Directors should be there to start a company where age of director should not be less than 21 years. One being the managing Director

Maximum 200 Directors

Number of members or shareholders shall not exceed 200 in numbers.

DIN of Directors

All the directors should have DSC to sign the documents attached on the website.

Indicative Name

The company name should specify the objectives of the business entity.

DSC of Directors

All the directors should have DSC to sign the documents attached on the website.

Unique Name

The company name chosen should ne unique and should not be registered with MCA earlier.

Restrictions On Private Limited Company

Maximum allowed members or shareholders is 200 in Private Limited Company. For greater number of shareholder you have to register a public limited company.

Private Limited companies cannot freely transfer their shares to the public like public companies. That’s why stock exchanges never list private companies because private limited company cannot invite public shareholding.

Since Private Limited Company can have ownership between the maximum members of 200. The public issue of the shares is not allowed. 

Benefits of Registering a Private Limited Company

Start Up India
Private company can register as a startup under startup india scheme. Where many tax benefits and government fees relaxations can be availed.
Corporate Structure
It has a well-defined corporate structure where managerial board takes major managerial decisions which is properly documented. Designations such as CEO and COO are also common in private limited company.
Limited Liability
The directors may have limited or unlimited liability as per the constitution of the company. It is a separate entity which may involve in contracts and legal proceedings.
Continuous and stable
Private company is more stable than partnerships as the demise or departure of any member will not cease its operation and it will continue to exist.
Comfort for investors
Due to separate managerial board the renumeration of the board is separate from the profit on share. Shareholder enjoys dividend for his/her investment, while managerial board gets renumeration for the work they do.
ESOPs
Employee can be made shareholder through ESOPs in the company which makes them more responsible and attached to their role in the company
Easy Transfer of Shares
It is easier to transfer the share of the company as compared to other forms of partnerships. It may be a shareholder, employee or any other company or individual.
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Documents Required For Private Limited Company Registration

Passport Size Photo

One Passport size photograph of All Partners

Identity Proof

PAN (for Indian Nationals) and Passport (for Foreign nationals)

Address Proof

Aadhar Card / Voter ID / Passport / Driving License / Ration Card

Company Name

A unique name you wish to start your company with. Give 6 options for fast registration.

Rent Agreement

If Rented Business than Rent Agreement Copy else sale deed of the property

Company's Objective

What service, product or goods company wants to sell or manufacture.

Residence Proof

Residence’s Electricity Bill / Telephone Bill / Bank Statement

Procedure for Private Limited Company Registration

Private Limited Company is registered with the registrar of companies of the state. An application form filled and signed by all partners using DSC along with the fees, MoA, AoA and other documents has to be uploaded on MCA website.
  • document-collection

    Document submission

    All the documents mentioned below must be submitted in order to start the registration process

  • name-application

    Company Name Approval

    The proposed name is applied and if available reserved with the Ministry of Corporate Affairs. Not more than two names can be provided. In case, both names are rejected, resubmission with two more name is required for approval

  • document-preparation

    Digital Signature

    Digital signatures or DSC must be obtained to be the director of the company. DSC is required for signing of the company incorporation application.

  • e-forms-uploading

    SPICe+ form application

    The incorporation application is then submitted as the SPICe form with the MCA. To speed up RUN application may be omitted from the process.

  • work-completion

    Company Incorporation

    ROC verifies all the document and if found in order the company gets incorporated along with PAN and TAN within 2-3 business days.

Private Limited Company Service Packages

Pvt Ltd - Basic

Company Registration With Basics
₹11000
5990
  • PAN & TAN Registration
  • MOA & AOA Formation
  • Class II DSC (2 Nos)
  • DIN (2 Nos)
  • Stamp Paper Purchase Upto Rs. 1500/-
  • Free CA Consultancy

Comprehensive Plan

Includes GST + MSME + TM
₹18500
12990
  • PAN & TAN Registration
  • MOA & AOA Formation
  • Stamp Paper Upto Rs.1500/-
  • DIN & Class II DSC (2 Nos)
  • Free CA Consultancy
  • MSME Certification (Optional)
  • GST Registration
  • TM Registration (For Startups, MSME & Individuals)

Pvt Ltd - Startup Pack

Essentials for a company
₹13000
6990
  • PAN & TAN Registration
  • MOA & AOA Formation
  • Stamp Paper Upto Rs.1500/-
  • DIN & Class II DSC (2 Nos)
  • Free CA Consultancy
  • GST Registration
  • MSME Registration (Optional)

Frequently Asked Questions

Only the entities stated below may qualify as a “Startup” for the purpose of Government schemes

SPICe means Simplified Proforma for Incorporating Company electronically (SPICe) is a fast track registration procedure initiated by Ministry of Corporate Affairs. SPICe enables single form application for company registration.

The normal registration route can take up to 30 days but registration through SPICe takes just 7 days.

The structure of a private limited company helps equity fund investing. So Venture Capitalists generally prefer pvt. Ltd. over any other structure. Also being a regulation compliant entity, it becomes easier to attract capital from financial institutions like banks and NBFCs.

No, physical presence is not required, your signed documents and DSC will work.

Yes, Stamp duty is imposed by the state in which one wish to register his/her company’s office. The charges are applied on MOA, AOA & form INC 32. Our experts will guide you on additional charges if it applies on your state.

The registration process gets completed with the issuance of certificate of incorporation(COI) by the registrar. The application can be completely processed within 7-8 working days.

If you already have these, our expert may offer refund

Below are the government fee and charges for various registration to register a company:

DIN – Rs.1000 (for 2 Directors)

RUN Form Fees – Rs.1000/-

Article of Association (AoA) –  Rs.1000 (for authorized capital upto 10 lakh)

Memorandum of Association (MoA) – Rs.1000/-

Current package provides DIN and DSC for 2 directors only. You can buy DSC and DIN here.

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