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What is a Private Limited Company?

Registering a company is the first step to starting a business in India. If you are a startup and have high growth aspirations, then you should incorporate a Private Limited Company. Private Limited allows outside funding to be raised easily, limits the liabilities of its shareholders and enables Founders to offer employee stock options to attract good talent. Pvt Ltd company is incorporated under the Companies Act of 2013 and governed by the Ministry of Corporate Affairs (MCA). Private Limited Company can have a minimum of two members and a maximum of two hundred members. The directors of a private limited company have limited liability to creditors. In a case of default, banks / creditors can only sell company’s assets but not personal assets of directors.

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Benefits of Registering a Private Limited Company

Registering a Private Limited Company offers many benefits.

Separate Legal Being
Limited Responsibility Safeguard
Easier Getting of Funds
Flexibility in Ownership and Management
Simple Share Transfer
Good Employer Branding
Companies can use ESOPs to attract good, skilled employees and increasingly those at a high level.

Requirements for Registering a Private Limited Company

Registering a Private Limited Company will require the following.

Minimum Two Directors:

A Private Limited Company must have at least two directors. However, maximum 200 people can become shareholders in the private limited company.

One Resident Director:

Among two directors, at least one director must be a resident Indian for Private Limited Company Registration. Resident Indian means a person who has spent at least 182 days or more in a financial year in India.

No Minimum Capital:

There is no minimum capital required for Private Limited Company Registration. However, a Private Limited Company should have minimum authorized share capital of Rs. 1 lakh.

Unique Name:

The suggested name of the private limited company should be unique and should not be similar to any already existing company name or trademark.

Detailed Registration Process

The Ministry of Corporate Affairs governs the company registration process. The below registration process is basis the governing laws of MCA:

Step 1: Application for DSC (Digital Signature Certificate)
Step 2: Apply for DIN (Director Identification Number)
Step 3: Application filing for Nameavailability
Step 4: Drafting and Filing of eMoa and eAoA
Step 5: Apply for PAN and TAN of the company
Step 6: Certificate of Incorporation issued by RoCalong with PAN and TAN
Step 7: Open a Current Bank account on the company name

Documents required for Private Limited Company Registration

In India, Private Limited Company registration cannot be done without proper identity and address proof. Prescribed documents will be needed for all the directors and the shareholders for the company incorporation. Listed below are the documents that are accepted by MCA for private Limited Company registration

Identity & Address Proof:

Copy of Pan Card of Directors (mandatory)
Voter Id card or Driving License or Passport
Any one of: Bank Statementor Electricity Bill or Mobile Bill (not older than 2 months)
Passport Size Photograph of Directors

Proof of Registered Office:

Conveyance/ Lease deed/Rent Agreement etc., along with rent receipts (any one)
Copy of the utility bills (Telephone/Gas/Electricity bill) (not older than two months) (any one)
NOC from Landlord

Frequently Asked Question

No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

Yes, foreign nationals can incorporate a company provided he is having a digital signature for filing incorporation documents and annual compliances of a company.

Digital Signature Certificate is provided in the form of a token issued by Certified Authorities. Any form filed for online company registration in India shall be submitted after affixing the DSC of an Applicant. Also, the directors will require DSC for DIN application and the subscribers to MOA shall possess DSC for submitting e-forms for incorporation.

As per Companies Act, it is mandatory for all the directors of the company to obtain DSC to verify the authenticity of all the documents filled.

Authorised capital shows the maximum amount of capital that a company can raise by way of issue of shares at present or in the future. Whereas, the Paid-up Capital refers to the actual amount raised by a company i.e.; amount paid by the shareholders on the issuance of shares. One can register a company in India by any amount of paid-up capital which can be less or equal to the authorized capital but not exceeding the authorized capital.

Yes, one can register a private limited company on their home addressin India.You will require to submit a copy of the utility bill the same address alongwithwith the NOC from the landlord for Private Limited Company Registration.

During every financial year, the company must hold one Annual General Meeting (AGM) and at least 4 board meetings (one in each quarter). Further, the accounts and financial statements must be audited by an independent auditor. Subsequently, it shall file form AOC – 4 and MGT – 7 as part of Annual Compliance within given time.

Daily transactions of the business are recorded in the Books of Accounts of the Company by the Accountant. The Accounts recorded are verified by an Independent Auditor to make sure that no statutory compliance is missed and provide an Audit Report for the same.

What our users have to say

I needed an Agreement to Sale and later a Sale Deed drafted for my property transaction. The legal team explained every clause clearly and ensured the documents were legally sound and registration-ready. The process was smooth and stress-free.

Anil Mehta, Ahmedabad

We approached them for drafting a Business Partnership Agreement and forming an LLP. The lawyers understood our business structure, clarified partner rights, and completed everything on time. Highly professional and responsive service.

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As startup founders, we wanted a strong Co-Founders Agreement to avoid future disputes. Their legal team drafted a detailed and balanced agreement covering equity, roles, and exit clauses. Very impressed with their startup knowledge.

Kunal Shah, Mumbai

I used their service for Private Limited Company formation. From documentation to incorporation, everything was handled seamlessly. They kept me informed at every step and completed the process faster than expected.

Suresh Reddy, Hyderabad

We required Employment and Freelancer Agreements for our growing company. The agreements were customised, legally compliant, and easy to understand. Excellent drafting quality and quick turnaround time.

Neha Kapoor, Gurugram

I needed a Commercial Lease Agreement for my office space. The lawyer reviewed all terms, protected my interests, and explained risks clearly. The online rent agreement process was extremely convenient.

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I approached them for an IP Assignment and Licensing Agreement. The legal expert explained ownership, usage rights, and future implications in detail. Very professional service for IP-related matters.

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My trademark faced an objection, and I was quite worried. Their lawyer drafted a strong reply and handled the matter efficiently. I also used their Copyright Registration service, which was smooth and well-guided.

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I opted for Patent Registration through their platform. The legal team explained the entire process clearly and helped with documentation and filing. Their expertise in intellectual property law is commendable.

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Before purchasing property, I got a detailed Property Report and legal review. The lawyer identified risks I had completely missed. This service gave me confidence to proceed safely with the transaction.

Vinay Kulkarni, Pune

Company Formation

Private Limited Company

(20% Off) ₹4000 Save ₹ 19999

₹15999

Gross Total ₹999

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DSC & DIN for 2 Directors
Company Name Approval
MOA + AOA
Incorporation Certificate
Company TAN Number
Bank Account Opening Document Support* (If asked by the user).

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Private Limited Company

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What is a Private Limited Company?

How It Works

Choose your required Product & Pay

Fill required details

Receive updates on SMS & WhatsApp

Delivery of your product

Benefits of Registering a Private Limited Company

Requirements for Registering a Private Limited Company

Detailed Registration Process

Documents required for Private Limited Company Registration

Frequently Asked Question

Do I need to be physically present during this process?

Can foreign nationals incorporate a company?

What is a Digital Signature Certificate? Who shall procure it?

Is it necessary to obtain DSC for all the directors of a company?

What is Authorized Capital and Paid-up Capital?

Can one register a private limited company on their home address?

What are the Annual Compliance requirements to be fulfilled by a Private Company?

What is the role of Accountants and Auditors in Private Limited Company?

What our users have to say

Anil Mehta, Ahmedabad

Rohit Agarwal, Jaipur

Kunal Shah, Mumbai

Suresh Reddy, Hyderabad

Neha Kapoor, Gurugram

Praveen Iyer, Chennai

Arjun Malhotra, Delhi

Pooja Verma, Lucknow

Dr. Rakesh Nair, Kochi

Vinay Kulkarni, Pune

Company Formation

Private Limited Company

₹15999

Deliverables *

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