Private Limited Company Registration in India
@ Rs. 6,500*
The Fastest & Easiest Way to Register Your Business/Startup Online!
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✔ Low-Cost Application
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Overview of Private Limited Company Registration in India
Pvt Ltd companies, usually referred to as private limited companies, are privately held business entities that provide their stockholders with limited liability protection.
There are fees associated with registering a corporation in India, and the registration procedure can be completed online. In order to establish a private limited company in India, one must satisfy certain legal requirements and adhere to the established procedures.
Startups frequently select Pvt Ltd corporations, and there are specialised company registration services for new businesses in India.
Essentials for Pvt Ltd Company Registration Online in India
✔ Shareholders
Minimum 2 shareholders are required.
✔ Directors
Minimum 2 directors are required. At least one director must be a resident of India.
✔ Digital Signature Certificates (DSC)
DSC is required for 2 promoters and 1 witness.
✔ Authorised Share Capital
It is suggested to have a minimum authorized share capital of INR 10,000.
✔ Directors and Shareholders
Directors and shareholders can be the same person.
✔ Director Identification Number (DIN)
All directors must obtain a DIN.
Documents Required for Private Limited Company Registration in India
PAN Card
Required for shareholders and directors. Foreign nationals must provide a valid passport.
Passport-size photograph
Recent passport-size photographs of shareholders and directors.
Identity Proof
Identity proof such as Aadhaar Card, Voter ID, Passport, or Driving Licence.
Address Proof
Address proofs of the registered office, like the latest Electricity Bill or Telephone Bill.
NOC
Obtain a No Objection Certificate (NOC) from the owner(s) of the registered office.
Rental Agreement
Rental agreement if the registered office is in a rented premises.
NRI Documents
Foreign nationals or NRIs must apostille or notarize their director documentation.
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How to Register a Private Limited Company?
Step by Step Pvt Ltd Company Registration Process
Form Fill-up and Payment
Filling out the relevant form and paying the application fee will start the registration procedure.
Expert Call and Proceeding
After payment, our professionals will get in touch with you right away to discuss your needs and start the process.
Draft Creation
For your review, a thorough draft will be created explaining the procedure for forming a private limited company.
Application for a DIN and DSC
On behalf of the directors, we will start the application procedure for Director Identification Numbers (DIN) and Digital Signature Certificates (DSC).
AOA and MOA submission
Carefully drafted versions of the articles of association (AOA) and the memorandum of association (MOA) will be offered for approval.
Submission to the Registrar of Companies (ROC)
All required documentation will be assembled and delivered to you.
Private Limited Company Registration- What You'll Get?
We guarantee a smooth and hassle-free experience when you choose our services, giving you all the tools you need to start your business. Our offering consists of:
We will assist you in obtaining Director Identification Numbers (DIN) for your two directors.
Our experts will draft and prepare the Memorandum of Association (MOA) and Articles of Association (AOA) tailored to your business needs.
We will assist you in obtaining a PAN card for your company, enabling smooth financial transactions.
We will provide you with a customized incorporation master file, containing all the necessary documents and records for your company.
Our team will guide you through the process of opening a bank account for your company, providing the necessary support and documentation.
We will handle the process of obtaining approval for your chosen company name, ensuring its uniqueness and compliance with regulations.
We will facilitate the issuance of Digital Signature Certificates (DSC) for two promoters.
You will receive the official incorporation certificate, validating the registration of your company.
Our experts will take care of registering your company for Provident Fund (PF), Employee State Insurance Corporation (ESIC), and Professional Tax if Required.
Advantages of Registration for Pvt Ltd Company
Credibility and Incorporation Credit Availability
Being a private limited company lends more credibility to your business, making it easier to obtain credit from banks and financial institutions.
Limited Liability
Owners of private limited companies are protected from personal risks, losses, and liabilities by limited liability protection offered by these businesses. Shareholders’ personal assets are not at risk if the company faces financial trouble.
Increased Value in the Marketplace
Having a private limited company registration can enhance your reputation and attract a larger consumer base, leading to increased business opportunities and growth.
Perpetual Existence
Private limited companies enjoy the advantage of perpetual existence. The company continues to exist until it is formally dissolved, allowing for long-term growth and expansion opportunities.
Ease in Transfer of Ownership
Pvt Ltd companies offer ease in transferring ownership, providing a sense of security and flexibility for stakeholders.
Separate Legal Entity
Private limited companies have a separate legal identity independent of their owners and shareholders. This separation ensures that the company’s obligations and rights are distinct from those of its members.
Tax Benefits
Private limited companies are eligible for various tax deductions, exemptions, and government schemes, resulting in potential tax benefits for the business and its stakeholders.
Access to Funding
A registered Private limited companies generally have better access to funding options compared to other business structures. They can raise funds through public share offerings, private placements, or by accepting deposits from the public.
Limited Liability Protection for Directors
Directors of private limited companies are provided with limited liability protection, safeguarding their personal assets in case of business failure or financial difficulties.
Better Image and Credibility in the Market
Private limited companies enjoy a better image and credibility in the market, which can attract corporate customers, vendors, and government agencies, leading to enhanced business opportunities.
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FAQs- Pvt Ltd Company Registration Online
Here are the steps involved in registering a private limited company in India:
- Choose a name for the company.
- Prepare the memorandum of association and articles of association.
- Apply for a DIN (Director Identification Number) for each director.
- Apply for a DSC (Digital Signature Certificate) for each director.
- File the application for registration with the MCA.
- Submit the required documents.
- Pay the registration fees.
- Receive the certificate of incorporation.
The registration process can be completed online or offline. The fees for registering a private limited company vary depending on the state.
A private limited company is a type of business entity that is owned by a limited number of shareholders. The liability of the shareholders is limited to the amount of their investment in the company.
Avery Biz Solutions can help you start a private limited company in India in a quick and hassle-free manner. We will take care of all the legal formalities and documentation, so you can focus on your business.
The documents required for private limited company registration in India include:
- Memorandum of Association (MoA)
- Articles of Association (AoA)
- DIN of the directors
- PAN of the directors and shareholders
- Address proof of the directors and shareholders
- Specimen signatures of the directors
- Proof of the registered office
The exact documents required may vary depending on the state in which the company is being registered.
A private limited company must have at least 2 directors and a maximum of 15.
Yes, a trade license is required for a private limited company in India. The trade license is issued by the local municipal authorities and is required to operate a business in a particular area.
Profits in a private limited company are shared in the form of dividends. The amount of dividend each shareholder receives is based on the number of shares they own. The board of directors of the company decides how much dividend to pay, and this decision is subject to shareholder approval.
A private limited company can have a minimum of 2 and a maximum of 200 shareholders.
Feature | Public Limited Company (PLC) | Private Limited Company (Ltd) |
Number of shareholders | Minimum 7, no maximum limit | Minimum 2, maximum 200 |
Transferability of shares | Shares can be freely traded on the stock exchange | Shares can only be transferred to other shareholders or to the company itself |
Publicity | PLCs are required to disclose more information to the public, such as their financial statements | Ltds are not required to disclose as much information to the public |
Regulatory requirements | PLCs are subject to more regulatory requirements than Ltds | Ltds are subject to fewer regulatory requirements than PLCs |