Private Limited Company Registration
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What is a Private Limited Company (Pvt Ltd)?
A private limited company (Pvt Ltd) is a separate legal entity registered under the Companies Act, 2013, offering limited liability protection to its members. It restricts share transfers, requires a registered office address, and is ideal for startups and SMEs seeking credibility, funding, and control.
Companies Act, 2013
As per Section 2(68) of the Companies Act, 2013, a private limited company means a company having a minimum paid-up share capital as may be prescribed, and which by its articles of association:
- (a) Restricts the right to transfer its shares;
- (b) Limits the number of its members to 200 (excluding present and former employees); and
- (c) Prohibits any invitation to the public to subscribe for any securities of the company.
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Key Benefits of Private Limited Company
Limited Liability
Your personal assets are safe from business debts and liabilities.
Separate Entity
The company exists as a separate legal person from its owners.
Raise Funding
Preferred structure for Venture Capitalists and Angel Investors.
Perpetual Existence
The company continues to exist even if directors or owners change.
Eligibility & Requirements
How to Register a Private Limited Company in India?
Here’s how to register a private limited company under the Companies Act, 2013, regulated by the Ministry of Corporate Affairs (MCA):
1Step 1: Obtain Digital Signature Certificate (DSC)
All proposed directors must obtain a valid Digital Signature Certificate (DSC) for signing electronic documents.
2Step 2: Apply for Director Identification Number (DIN)
Each director needs a Director Identification Number (DIN) during the private limited company registration process.
3Step 3: Name Approval through SPICe+ Part A
Choose a unique company name and submit it via SPICe+ Part A for approval by the corporate affairs MCA.
4Step 4: Prepare Incorporation Documents
Gather identity proof, address proof, and registered office address proof (like a rent agreement or utility bill).
5Step 5: Filing SPICe+ Part B, AGILE-PRO, eMOA, eAOA
Complete company incorporation by filing SPICe+ Part B and linked forms with details like authorized capital, company’s objectives, and internal rules.
6Step 6: PAN, TAN & GST Application
Included in the online company registration, obtain PAN, TAN, and optionally apply for GST registration.
7Step 7: Verification by RoC and Certificate of Incorporation
Upon approval, the Registrar of Companies (RoC) issues the Certificate of Incorporation, assigning a Corporate Identification Number (CIN).
8Step 8: Post Registration Compliance
Open a bank account, issue shares, maintain financial statements, and ensure ongoing legal compliance.
This structured pvt ltd company registration ensures limited liability, separate legal entity status, and ease in securing funding from financial institutions. Please note: The registration process for a Private Limited Company typically takes 7 to 10 days.
Documents Required
Identity Proof
- PAN Card of all Directors
- Aadhaar Card of all Directors
- Passport size Photographs
- Voter ID/DL/Passport
Address Proof
- Latest Bank Statement
- Electricity/Gas Bill
- Mobile/Telephone Bill
- NOC from Owner
Registered Office
- Rental Agreement (if rented)
- Property Deed (if owned)
- Latest Utility Bill
- Owner's No Objection Certificate
Post-Registration Compliance
Statutory Auditor
Appointment of an auditor within 30 days of incorporation is mandatory.
Board Meetings
First board meeting must be held within 30 days of COI issuance.
Income Tax
Filing of annual income tax returns and maintaining books of accounts.
MCA Filings
Submission of AOC-4 and MGT-7 forms annually to the ROC.
Common Questions
Everything you need to know
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