In India, private limited company is the most popular way to create a corporate legal entity. It comes under Companies Act, 2013 and the Companies Incorporation Rules, 2014. Minimum two directors and share holders required to register a private limited company. Same person can be a shareholder and a director and a corporate legal entity can only be a shareholder. Foreigners and NRIs can be directors and share holders with FDI.

Steps to start a Private Limited Company in India

  • 1

    Arrange basic documents of Directors

  • 2

    registeryourfirm will apply for DSC (Digital Signature) of Directors

  • 3

    registeryourfirm will Prepare MOA, AOA & other Legal documents

  • 4

    registeryourfirm will File SPICe (INC-32) or Incorporation Docs with ROC

  • 5

    Get your Company Incorporation Certificate

Advantages & Benefits

Why to Register Private Limited Company

Limited Liability Protection to Directors personal assets

Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In a private limited company, only investment in business is lost, personal assets of the directors are safe.

Better image and credibility in Market

Private limited company is popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies prefer to deal with Private Limited Company instead of proprietorship or normal partnerships.

Easy to raise funds and loans

Pvt. Ltd. company enjoys wide options to raise funds through bank loans, Angel Investors, Venture Capitalists, in comparison to LLPs and OPCs.

Favorite Business structure for Investors

Investors love to invest in Private Limited companies as it is well structured and less strings attached. Most important it is very easy to exit from a private limited company.

Easy to attract Employees

For startups putting together a team and keeping them for long time is a challenge, due to confidence attached to private limited structure, it is easy to hire people as well motivate them with corporate designations and stock options.

Easy to Sell

Private Ltd. is easy to sell, very less documentation and cost is involved in selling a Pvt. Ltd. company.

Simple & Transparent Pricing
Basic
Rs.2899/-all inclusive fees
Proprietorship registration with TAN registration, MSME under Udyog Aadhaar and iCFO compliance tracking. Inclusive of government fee and service tax.
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Standard
Rs.7899/-
all inclusive fees
Proprietorship registration with TAN registration, MSME under Udyog Aadhaar, service tax registration and iCFO compliance tracking. Inclusive of government fee and service tax.
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Premium
Rs.13899/-
all inclusive fees
Proprietorship registration with TAN registration, MSME under Udyog Aadhaar and trademark filing. Inclusive of government fee and service tax.
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Documents Required for Pvt Ltd Company Registration
Self certified copy of PAN card of all Directors - 2 Copies
Four color passport size photograph of each Director
Copy of any utility bill or bank statement in the name of Directors
Mobile & Email of all Directors, 2-3 proposed Name & Objects of Company
Copy of Business proof of premises where company will be registered
Self certified copy of address proof of all Directors - 2 copies, Anyone of Passport/Voter ID/Driving Lincense/Aadhar Card
Incase of rented premises - Rent agreement + Latest electricity bill in the name of landlord + NOC
Incase of owned premises - Copy of sale Deed + Latest electricity bill in the name of owner
General Questions
No, there must be at least two directors in a private limited company. If you are the sole owner, you can register as a One Person Company.
It is used for signing the electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used in physical documents.
DIN (Director Identification Number) is a mandatory requirement to become a director in a private limited company.
No, it is not mandatory. You can register a private limited company at Residential Address as well. There is mandatory requirement to have Name Plate of the company along with CIN no.
MOA is Memorandum of Association and AOA is Articles of Association. Both of these are legal documents , which are required to open a bank account etc.
No, registeryourfirm team will take care of everything.