Private Limited Company Online Registration

  • The speediest registration processing time in India, ensuring that your documents are uploaded to the government portal within seven days; otherwise, you are eligible for a complete refund.
  • An open and clear procedure, diligent follow-up, and consistent communication for ongoing update.

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Private Limited Company

A private limited company is the most popular way of registering a business in India. On average, the Ministry of Corporate Affairs (MCA) registers 15,000 companies in a month. A private limited company is governed by the Companies Act (2013) and is regulated by the Ministry of Corporate Affairs (MCA), which oversees their operations through the powers vested in the Registrar of Companies (ROC)..

Eligibility For Private Limited Company

  • To incorporate a private limited company, a minimum of two members and a maximum of two hundred members are required. 
  • Additionally, a minimum of two directors and a maximum of fifteen directors are required. 
  • The company must also have a registered office address. 

There is no minimum capital requirement for incorporating a private limited company.

Advantages Of a Private Limited Company

  1. Limited liability

Businesses often need to borrow money for working capital or managing capital expenditure. In general business entities like partnerships, partners are personally liable for debts taken by the company. In the case of a private limited company, directors are not personally liable for any debts of the company, and their assets are safe.

  1. Easy to raise Funds

India is a nation of emerging startups. In a startup, after a certain time, external funds are required from venture capital funds, angel investors, or from seed funding. Private limited companies provide easy options to raise funds through diluting equity.

  1. Expansion of Core team

After a point, if the company feels the need for technical, financial, or management know-how from a person, a private limited company can easily add a new member or shareholder.

  1. Perpetual Succession

A private limited company enjoys perpetual succession, meaning that the company’s existence is not dependent upon shareholders, directors, or employees. Stakeholders may come and go, but the company will remain forever unless wound up or closed.

  1. Separate legal entity

A private limited company has a separate legal entity from its directors or members. Any legal matters will be in the company’s name and not in the director or shareholder’s names.

What Are the Documents Required for Private Limited Company Registration?

INDIAN nationals

  1. Aadhar Card – Aadhar card is a necessary document needed for creating a digital signature of proposed directors.
  2. PAN Card – PAN card of directors is mandatorily required for incorporation of the company, details in PAN card should be correct, there should be no mismatch in name of Aadhaar card and PAN card. if there is such an error it would be advisable to first apply for rectification in PAN details or Aadhaar card.
  3. Identity proof – The address proof that has to be submitted should contain the exact name as mentioned in the PAN card.  Following documents are accepted as address proof. Any one of the documents required:
    • Election card or voter id card.
    • Ration card. 
    • Driving license.
  1. Residential proof – Along with identity proof, a residential proof of current address of directors needs to be submitted. Following documents are acceptable as residential proof. Same should not be older than 2 months. Any one of the documents required.
    • Bank statement containing recent transactions along with a clear display of applicant’s name and address.
    • Electricity bill.
    • Telephone bill.
    • Mobile bill.
  1. Passport size photo
  2. Email ID
  3. Mobile number

FOREIGN Nationals

  1. Passport-A Passport is a mandatory document required in the case of foreigners. It should be apostilled or notarized in the country it was issued. If a passport is in a foreign language other than English it should be converted to English by an official translator and it will be apostilled or notarized. It must contain the date of birth of the applicant else a separate document stating the date of birth will be required in the notarized or apostilled form.
  2. Identity proof-Identity proof acceptable should not be more than 1 year old and should have the latest address of the foreign director. Following is a list of acceptable documents.
    • Driving license.
    • Residence card.
    • Bank statement.
    • A government-issued form of identity cards.
  1. Residence proof-Residence proof should not be older than 1 year. Residence proof can be given from the following list
    • Bank statement.
    • Electricity bill
    • Telephone bill
    • Mobile bill
  2. Registered office address proof
    • Electricity bill, and
    • Rent agreement (If rented) or Scanned copy of initial pages of property papers if the premises is owned.