Private Limited Company is the most popular legal structure option for businesses in India. Private Limited Company can have a minimum of two members and a maximum of 200 members. The liability of the members of a Private Limited Company is limited.
Start-ups and growing companies prefer Private Limited Companies as it allows outside funding to be raised easily. Limits the liabilities of its shareholders and enables them to offer employee stock options to encourage pulling in top talent. It has possibility to grow big and expand.
Digital Signature Certificates (DSCs) for 2 Directors
Directors Identification Number (DINs) for 2 Directors
Certificate of Incorporation (Company Registration Certificate)
Memorandum of Association and Articles of Association
Company Registration Kit & Client Login
PAN Card & TAN
Required documents for Bank Account Opening
Obtain DSC & DINs for Proposed Partners: (Usually 2-3 working days)
Obtain Digital Signature for all the proposed directors and subscribers – A Private Limited Company must have at least 2 Directors, all the proposed directors must have Digital Signatures and Obtain Director Identification Numbers (DIN) to register a Private Limited Company.
Note: Obtaining of DSC is not mandatory if any of the proposed directors are already having DIN and DSC.
Selection & Approval of Proposed Name : (Usually 2-3 working days)
We have to choose Unique Names which are not identical or similar to any other companies or registered Trade Marks. We request you to furnish at least 3 different and unique names. Based on the names given, we will file application (RUN Form) for name approval. Usually it takes 2-3 working days for name approval.
Preparation of Incorporation Docs, Forms & Submission :
Based on the name approved, we prepare incorporation docs and forms, such as MOA, AOA, Forms, Declarations and Affidavits & others and will be sent to you for signatures.
You have to sign the required documents and send us for filing the forms for Registration.
Based on signed documents received from you, we will prepare incorporation forms and file with the Department for approval of Company Registration, PAN and TAN.
Obtain Certificate of Incorporation :
Based on the forms we submit along with Information & Documents, the department will scrutinize the forms along with attachments and approve if it is in order. If any additional information is required by department, we have to resubmit the documents and information as required by department.
Up on Approval, We receive, Certificate of Incorporation along with PAN & TAN.
To be submitted for Company:
The names of the proposed company (suggest you to give Minimum 3 alternative names required)
Main business activities of the proposed company
Address of the company to be registered (with detailed Door No) Please note same address will come on Certificate of Incorporation and PAN Card will be couriered to the same address
Municipal Tax Receipt and Power bill (Recent) both are required and address must be clearly visible
To be submitted by Directors & Promoters:
Scanned copy of PAN Card (for Indian) or Passport (for Foreigner)
Scanned copy of Aadhar Card/ Voter ID/ Driving License/ Passport
Scanned copy of latest Bank Statement or Telephone Bill/ Electricity or Gas Bill
Scanned Passport Size Photos
Private Limited Company
Private Limited Company is a type of business entity registered under provisions of Indian companies act. For registration of a private limited company, there must be minimum of 2 Directors and 2 share holders. The liability of the share holders (owners) in private limited company is limited to the shares subscribed by them. The maximum no of share holders, a private limited company can have is 200.
DIN (Director Identification Number) is an Unique Identification Number alloted to any person to act as a director of any Company registered under indian companies act. With out DIN, one can not become director of any company. PAN is mandatory for applying DIN.
Digital Signature is an Electronic Signature (a digital code, generated and authenticated by public key encryption) which is used to authentic the documents electronically, to verify its contents and the identity of the person authenticating the documents.
Two Persons are required to register a Private Limited Company. The same two persons can be the shareholder cum director of the proposed company.
For registering a Private Limited Company, it generally takes 10 working days, depends on queries raised by the department (ROC) at the time of registration. Hence we suggest to chose unique name (which is not similar to any existing company or Trade Mark) to register the company at the earliest
There is no minimum capital required for registration of a company and minimum number of directors to register a Private Limited Company is 2. We suggest to register company with minimum capital of Rs.1,00,000/- as there will be pre-incorporation and pre-operative expenses to be met.
There are no specific education qualifications required to become as a director of Private Limited Company.
Yes. Registered office address is mandatory for registration of a Private Limited Company. At the time of registration, we have to submit any utility bill like electricity or water bill and proof of ownership / rental agreement in support of proposed registered office address.
Yes. You can register a Private Limited Company, even if you are residing out of India. But your id, address proofs and incorporation docs must be attested by the notary of the foreign country or apostle by Indian Embassy in the country where you reside at the time of registration.
Yes, a Foreign Citizen / Company can register a company in INDIA. But there must be at least one director who is resident in India.
Yes, there is limit on maximum number of Share Holders & Directors. The Maximum number of share holders, a Private Limited Company can have is 200 and maximum number of directors a Private Limited Company can have is 15.
A Private Limited Company may require to have registrations like GST Registration, Professional Tax Registration, Shops & Establishment Registration, ESI & PF Registrations depends on the nature of the activity of the company. They also get ISO Certifications and Brand or Trade Mark Registration as per their requirements.