Private Limited Company Registration
India's most popular structure for startups.
Overview
A Private Limited Company is the most popular form of business structure among Indian entrepreneurs and investors because of the limited liability protection it offers. In a Pvt. Ltd. company the liability of the shareholders is restricted to the amount of share capital they have subscribed, so personal assets stay protected even if the business runs into debt or litigation. A Private Limited Company is a separate legal entity governed by the Companies Act, 2013 that can own property, enter contracts, raise funds and sue or be sued in its own name. Registering as a Pvt. Ltd. company gives your business the credibility, structure and investor-readiness needed to scale.
What is a Private Limited Company in India?
A Private Limited Company in India is a legal entity owned by private shareholders with limited liability. It restricts the transferability of shares and prohibits public trading. Such companies are governed by the Companies Act, 2013 and enjoy a separate legal identity, perpetual existence and ease of ownership transition. Privacy and flexibility are key advantages, making it the preferred business structure for small to medium-sized enterprises and high-growth startups.
Key features of a Private Limited Company
- Minimum 2 and maximum 200 shareholders
- Minimum 2 directors, at least one resident in India
- No minimum paid-up capital required
- Shares are not freely transferable to the public
- Mandatory annual filings with the Ministry of Corporate Affairs
- Statutory audit is compulsory irrespective of turnover
About SPICe+ and AGILE-PRO
SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) is the integrated web form notified by the MCA that consolidates company name reservation, incorporation, DIN allotment, PAN, TAN, EPFO, ESIC, GST and the opening of a bank account into a single filing. AGILE-PRO is the linked form that handles GSTIN, EPFO, ESIC and bank account application. Filing SPICe+ accurately is the heart of a smooth incorporation, and our team takes care of it end-to-end.
Post-incorporation compliance you should know
- File INC-20A (Declaration of Commencement of Business) within 180 days
- Appoint the first auditor within 30 days of incorporation (ADT-1)
- Maintain statutory registers and minutes of board meetings
- File annual returns in MGT-7 and financial statements in AOC-4
- File income tax return of the company every year
- Hold at least 4 board meetings every financial year
Why choose us
- Limited liability protection for all shareholders
- Separate legal entity with perpetual succession
- Easier to raise funds from VCs, angels and banks
- Higher trust with customers, vendors and partners
- Easy transfer of ownership through share transfer
- Tax advantages available exclusively to companies
Documents required
- PAN card of all directors and shareholders
- Aadhaar card of all directors and shareholders
- Passport-size photographs of all directors
- Latest bank statement, electricity or mobile bill (not older than 2 months) as address proof
- Registered office proof: rent agreement plus NOC from owner, or ownership proof
- Latest utility bill of the registered office (electricity, gas or water)
- Digital Signature Certificate (DSC) for proposed directors
- Director Identification Number (DIN), if already allotted
Our process
- 1
Digital Signature Certificate (DSC)
We obtain a Class-3 DSC for every proposed director so they can sign filings electronically.
- 2
Director Identification Number (DIN)
DIN is applied for each proposed director through the SPICe+ form along with incorporation.
- 3
Name Approval (RUN / SPICe+ Part A)
We submit 2 preferred company names for approval with the MCA, checking trademark and ROC databases first.
- 4
Drafting MOA and AOA
Memorandum and Articles of Association are drafted defining the business objects, capital structure and internal rules.
- 5
Filing SPICe+ (INC-32) with linked forms
The integrated SPICe+ form is filed along with AGILE-PRO for GST, EPFO, ESIC, bank account and PAN/TAN.
- 6
Certificate of Incorporation (COI)
Once approved, the Registrar issues the COI along with the company PAN and TAN.
- 7
Post-incorporation compliance
We help you open a current account, file INC-20A (commencement of business) and complete first-year statutory registrations.
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