Private Limited Company Registration, Private Limited Company Registration

Private Limited Incorporation

Starting at ₹ 4,999 Private Limited Company Registration, Private Limited Company Registration

How Does It Work ?

Step 1

Submit Your Request

To begin, simply select the services you need and submit your request. We will assign a dedicated agent to manage your service request.

Step 2

Detailed Consultation

Upon receiving your request, one of our Tradevisers will contact you to thoroughly discuss & understand your needs and requirements.

Step 3

Document Submission

After clarifying your requirements, you will need to upload all necessary documents and information to proceed with your request.

Step 4

Completion of Services

Then, you can relax. Our Tradevisers will take over and make sure everything you asked for is done on time.

What is a Private Limited Company?

Private Limited Company Registration is one of the most popular forms of company registration in India.  A Private limited company registration is governed by the Ministry of Corporate Affairs under Companies Act, 2013 and the Companies Incorporation Rules, 2014. A Private Limited Registration needs a minimum of two shareholders and two directors. Individuals and Corporate from places other than India or NRIs are allowed to be Directors and/or Shareholders of the Company with Foreign Direct Investment. This makes Private Limited Company Registration the most suitable kind of Company Registration for foreign promoters as well. Apart from the limited liability protection to its shareholders, features like ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for businesses of all sizes. A Private Limited Registration also has a better borrowing capacity than that of One Person Company (OPC) or Limited Liability Partnership (LLP).  Banks and Financial Institutions prefer to provide funding to register a Pvt Ltd company rather than partnership firms or proprietary concerns. They are also subjected to easy transferability and closure.

Private Limited Company Registration, Private Limited Company Registration

Why Private Limited Company Registration?

Private Limited Company Registration, Private Limited Company Registration

 Separate Legal Entity

A Private Limited Company Registration is a separate legal entity as distinct from its members, and is separate at law from its shareholders, directors, promoters etc. A Pvt Ltd Company has the capacity to own properties, incur debts and exercise a number of legal rights.

 Transferability of Shares

Shares of a Pvt Ltd Company are easily transferable by a shareholder to any other person. The Transfer process involves filing and signing a share transfer form and handing over the buyer of the shares along with share certificate.

 Perpetual Succession

A Private Limited Company Registration exercise “Perpetual Succession”; which means that the company’s life is not determined by the longevity of its members, shareholders, promoters, directors, employees or anyone else. If a shareholder dies, or hypothetically, all the shareholders of Pvt Ltd Company dies or resigns , only their shares in the company will be transferred to new people.

 Borrowing Capacity

A Private Limited Company Registration can avail better scope for borrowing funds. Banking institutions and Venture Capital Firms prefer to render financial assistance to a Pvt Ltd company rather than partnership firms, proprietary concerns or any other form of unregistered business. Even a newly formed Private Limited Company can reap the benefits of easy borrowing.

 Limited Liability

Limited Liability clause of a Pvt Ltd Company protects the personal assets of founders, partners, directors or shareholders of the company in case of debt or insolvency. The liability of the members in respect of the company’s debts is limited only till their investment of capital in the company and not their personal assets.

Suing Capacity

A Private Limited Company Registration can file legal proceedings or a suit in a court of law exactly like an individual person. A Pvt Ltd Company being an independent legal entity can sue and also be sued in its own name.

Private Limited Company Registration, Private Limited Company Registration

What are the Requirements for a Private Limited Company Registration?

Private Limited Company Registration, Private Limited Company Registration

 DIRECTORS

To register a pvt ltd company a company must have at least two directors and a minimum of one director should be an Indian. The maximum number of directors a Private Limited Company can register is 15.

 REGISTERED OFFICE

The registered office of the Private Limited Company must be in India. It need not to be an owned space as even a rented space can be used as long as a NoC is obtained from the owner of the property.

 CAPITAL REQUIREMENTS

There is no minimum Capital Requirement for a Private Limited Registration. However, it is suggested to register a pvt ltd company with a minimum capital of INR 1 Lakh in order to avoid multiple capital increase.

Private Limited Company Registration Document Requirements

Private Limited Company Registration, Private Limited Company Registration

Passport Sized Photo
Passport sized Photos of All Directors

Private Limited Company Registration, Private Limited Company Registration

Identity proof
Driving License/Voter ID Card/Passport

Private Limited Company Registration, Private Limited Company Registration

Address Proof
Latest Bank Statement/Utility Bill

Private Limited Company Registration, Private Limited Company Registration

Director Information
KYC Details Of Directors

Private Limited Company Registration, Private Limited Company Registration

Business Address Proof
Latest Bank Statement/Utility Bill

Private Limited Company Registration, Private Limited Company Registration

No Objection Certificate
NOC From the Property Owner

Private Limited Company Registration, Private Limited Company Registration

Rental Agreement
Rental Deed of the Business Premises

Private Limited Company Registration, Private Limited Company Registration

Property Documents
For self owned Property

How much Time does a Private Limited Registration takes?

Private Limited Company Registration, Private Limited Company Registration
Private Limited Company Registration, Private Limited Company Registration

Name Reservation Application

One Day

Private Limited Company Registration, Private Limited Company Registration

Acquire Digital Signature Certificate

One Day

Private Limited Company Registration, Private Limited Company Registration

Drafting of Incorporation Documents

Two – Three Days

Private Limited Company Registration, Private Limited Company Registration

Filing for Incorporation INC32 (SPICe From)

One Day

What are the Deliverables?

Private Limited Company Registration, Private Limited Company Registration
Private Limited Company Registration, Private Limited Company Registration

Certificate Of Incorporation

A Certificate of Incorporation is a legal document issued by the Ministry of Corporate Affairs and Government of India after the Company Registration. It serves as the proof of legal existence of Private Limited Company.

Private Limited Company Registration, Private Limited Company Registration

MOA/AOA

Memorandum of Association consists of the objectives of the organization. Articles of Association are reports that contains the purpose, obligations and responsibilities of its owners, directors, promoters or shareholders.

Private Limited Company Registration, Private Limited Company Registration

Company PAN

Registered businesses like Pvt Ltd Company needs to obtain a PAN Card in the name of the registered business. The PAN number needs to be quoted in every financial transaction of the business.

Private Limited Company Registration, Private Limited Company Registration

Directors Identification Number

DIN is a unique Director Identification Number allotted by the Central Government to any individual intending to become a Director a company.It is an 8-digit unique identification number which has validity for lifetime.

Private Limited Company Registration, Private Limited Company Registration

Digital Signature

A Digital Signature (DSC) is an equivalent of a handwritten signature or stamped seal, but is way more secured and safe to use. You would receive a class 2 Digital Signature for all the Directors of the Company with a validity of 2 Years.

Private Limited Company Registration, Private Limited Company Registration

Company TAN

Tax Deduction Account Number is a 10 -digit alpha-numeric number issued by the Income-tax Department. TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS).

How to select the Perfect Name for your Private Limited Registration?

The name of your company represents the ideologies, vision and working of the company and its founders. Hence choosing the right name for your company is highly essential as you don’t want to be stuck with a wrong or bad name that doesn’t go with the product/service and vision of your company. The name must be relevant, attractive and meaningful. However there are few other factors that should be kept in consideration while choosing the name for your business. Here are some crucial points to remember.

SHORT & SIMPLE

Your Company name should be short simple and quick to remember. It should also be easy to pronounce. You don’t want to have a name which is misspelt every time someone looks for it.

UNIQUE

The chosen name mustn’t be the same or identical to an already existing company or a trademark in any manner. Names identical to already existing companies are usually rejected by the MCA during Company Registration process.

MEANINGFUL

Your Company name should be short simple and quick to remember. It should also be easy to pronounce. You don’t want to have a name which is misspelt every time someone looks for it.

NO ILLEGAL/OFFENSIVE NAMES

The name of the company should be as per the law. It can’t be abusive, unethical, restricted (click here to see) or against any customs, beliefs, religion, ethnicity or country.

ADD BUSINESS TYPE

Adding the type of business at the end of the desired company name helps people to figure out the products/services of your company and establishes a brand image in the relevant domain.

WITH SUFFIX

The name of the company must end with the suffix “Private Ltd” in a case of a Private limited company, “OPC Private Limited” in case of a One Person Company and “LLP” in case of a Limited Liability Partnership.

Private Limited Company vs. One Person Company vs. Limited Liability Partnership

Features

Price Starting At
  • Registration Law
  • Entity Status
  • Members/Owners Liability Clause
  • Directors
  • Foreign Ownership
  • Transfer-ability
  • Perpetual Succession
  • Annual Statutory Meetings

Private Limited Company

INR4999+GST
  • Companies Act, 2013
  • Separate legal entity
  • Limited Liability
  • Minimum 2 Directors
  • Allowed
  • Ownership can be transferred.
  • Yes
  • Periodic Board and General Meetings are mandatory.

One Person Company

INR4499+GST
  • Companies Act, 2013
  • Separate legal entity
  • Limited Liability
  • Minimum 1 Director
  • Not Allowed
  • Ownership can be transferred.
  • Yes
  • Not Required

Limited Liability Partnership

INR3999+GST
  • Limited Liability Partnership Act, 2008.
  • Separate legal entity
  • Limited Liability
  • Minimum 2 Partners
  • Allowed with prior approval of RBI
  • Ownership can be transferred.
  • Yes
  • Not Required

Why Choose Tradeviser ?

On Time Delivery

Transparent Pricing

Experienced Team

Top Notch Support

Ease of Working

Guaranteed Privacy

Frequently asked Questions

No, you need to be physically present for the incorporation of your company. You can send your documents to us via Email.

For a Private Limited Company registration, it takes a around 12- 15 working days.

SPICe form is a new consolidated form introduced by MCA simplifying the incorporation and taking the process to fast track mode incorporating a company in less then 10 days if approved on time.

Yes, a private limited company has eternal existence until its liquidation or closure.

Registrar of Companies (ROC) is an office vested with the primary duty of registering companies and LLPs floated in the respective states and the Union Territories and ensuring that such companies and LLPs comply with statutory requirements and regulations. These offices function as registry of records, relating to the companies registered with them, which are available for inspection by members of public on payment of the prescribed fee.

Any individual qualifies as per the Contract Act 1872, can be a member in a Private Limited Company

No, there is no requirement of minimum turnover to start a Private Limited Company

No, there is no specific requirement to have an office (commercial ) space for registering a Private Limited Company.

Yes, there is no restriction on registering a Private Limited Company with their home address. However, a NoC is required from the owner of the property to register the address.

Yes, NRIs and Foreign nationals can become directors in a Private Limited Company. But as per the regulations, at least one director of the company should be an Indian resident.

Yes, any person above the age of 18 can be made a director of the company provide s/he is qualifies as per the Companies Act,2013.

After Incorporation, a company is treated as a separate legal entity in front of Law. It is separate at law from its shareholders, directors, members, promoters etc. and as such is conferred with rights and is subject to certain duties and obligations. By virtue of this, a company is able to hold the assets in its own name. In addition, the owners are not liable for any actions taken by the company unless caused with fraudulent intention with involvement of owners. Due to this the company is distinguished from its owners and management.

No taxes or duties (direct or indirect) are not automatically applicable to a Private Limited Company. These taxes will be applicable as soon as the respective limits under the various tax acts are exceeded.

The amount of share capital has to be deposited in the bank account of the company at any time only after Incorporation within a period of 30 days.

Capital is the owner’s investment in the company.

Yes, registered address of the company can be changed at any time after the incorporation of the company by following few simple steps.

Yes, every company has to maintain its books of accounts and get it audited by a Chartered Accounted (CA) as per the regulations under The Companies Act, 2013, failing both the company and its directors shall be subjected to penalty and disqualification.

Following documents relating to Director:

  • Passport sized photo
  • PAN Card
  • ID proof- Anyone (Voter ID/Aadhar Card/Driving License/Passport)
  • Address Proof- Anyone(Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement)

For are the documents regarding Registered Office Address

  • In case of Rented Building: Rent agreement along with latest rent receipt with NOC from owner
  • In case Leased Building: Lease deed with NOC from owner
  • In case Owned: House tax receipts
  • Electricity bill

DIN (Directors Identification Number) is a unique Identification Number allotted to an individual who is appointed as a director of a Company by the Ministry of Corporate Affairs (MCA)

No you don’t need to deposit the capital amount while registration of the company.

DSC stands for Digital Signature Certificate. This is a secure and authentic way to submit a document electronically. As such, all filings done by the companies/LLPs with MCA/ROC are required to be filed using Digital Signatures by the person authorised to sign the documents.

MOA contains the objectives and powers of the company and AOA provide the regulations by which those objectives and powers are to be conveyed into impact.

Yes, for incorporating a Private Limited Company a minimum of two directors are mandatory. Alternatively, a One Person Company (OPC) can be incorporated with only one director.

Any individual who has attained age of 18 years can be a director of a Private Limited Company subject to not being disqualified under The Companies Act, 2013.

There is as such no minimum capital requirement for forming a Private Limited Company; however it is recommend to start with a minimum capital of Rs. 1,00,000 to avoid frequent increase in capital.

Yes, there is no restriction for a salaried person to be the director of a Private Limited Company.

Yes, a LLP can be converted to a Private Limited Company but not the vice versa.

Please click on this link to get a detailed information about the selection of the name for your company.

No, you need not visit ROC office for the incorporation of your company. You have to file the specified forms along with the required documents digitally.

A company name can be obtained in an easy manner by the newly introduced RUN (Reserve Unique Name) Web-Form In India. RUN Is a web service for reserving a name for a new company or for a change of name for an existing company

No. Shares in Private Limited Companies are held privately by its shareholders and cannot issues shares to general public.

Private Limited Companies need a minimum of 2 directors to incorporate and the maximum limit of the number of shareholders is 200.

Yes, Private Limited Companies can get venture capital and FDI.

Reserve Unique Name (RUN Form),  SPICe INC- 32 Forms for faster company incorporation, e-MoA(INC-33) and e-AoA (INC-34) are also to be filed for a Private Limited Registration.