Private Limited Company Registration

Home
Private Limited Company Registration

DIN for 2 directors

DSC of 2 directors/ subscribers

Name approval of company- RUN WEB FORM/ SPICe+

Memorandum of Association/ Article of Association of Company (e-MOA/e-AOA)

Certificate of Incorporation

Mandatory PAN of Company (e-PAN Card)

Mandatory TAN of Company (e-TAN letter)

Mandatory ESIC/EPFO Registration (using new SPICe+ form)

Professional Tax Registration (in case of Maharasthra)

Mandatory Opening of Bank Account

GST Registration (if required)

Shop and Establishment Registration (Chargeable separately)

Call to Expert

Full Name

Phone Number

Service

Required Documents

Proposed Main Business Activity and Ancillary or incidental activities

4 proposed names for company in order of preference (Read FAQ)

Authorized and Paid up capital & sharing proportion of subscribers

DIN (Director Identification numbers) of all directors

DSC (Digital Signature) of all directors and subscribers

Copy of PAN Card & Aadhar Card of directors and subscribers (Self Attested)

A copy of ID Proofs of all directors & subscribers (Driving License/Voter ID/ Passport)- Self Attested

Self attested address proof of directors & subscribers (Utility Bill/ Bank Statement/ Bank passbook copy)

Passport size color photo of directors in JPEG format

Rent Deed of Office Address or NOC from landlord on Non judicial Stamp Paper

Utility bill (Electricity Bill) in name of owner of property/ landlord which is not older than 2 months

Occupation and educational qualification, place of birth and nationality

Mobile no. and email id of directors and subscribers

What we will deliver

DIN for 2 directors

DSC of 2 directors/ subscribers

Name approval of company- RUN WEB FORM/ SPICe+

Memorandum of Association/ Article of Association of Company (e-MOA/e-AOA)

Certificate of Incorporation

Mandatory PAN of Company (e-PAN Card)

Mandatory TAN of Company (e-TAN letter)

Mandatory ESIC/EPFO Registration (using new SPICe+ form)

Professional Tax Registration (in case of Maharasthra)

Mandatory Opening of Bank Account

GST Registration (if required)

Shop and Establishment Registration (Chargeable separately)

pvt ltd company registration in India Incorporating a Private Limited Company in India is one of the most sought-after business structures for entrepreneurs and investors. According to the Companies Act, 2013, a Private Limited Company offers benefits such as limited liability, ease of raising capital, and greater business credibility. Start-ups, growing companies and mid-sized businesses prefer private limited company as it allows flexibility of raising funds, limits the liabilities of its shareholders and enables them to offer employee stock options to pull in top talent. This makes it essential to have an understanding about the procedure of private limited company registration.

For Pvt Ltd Company registration in India, a minimum of two shareholders (also known as subscribers) are required. However, the maximum number of shareholders cann’t be more than 200. After amendment in Companies Act, 2013, there is no minimum capital limit now.

Minimum two directors who are individual are required for a private limited company. Maximum number of directors is 15. Both the directors and subscribers need not be the same person.

Get Started with Pvt Ltd Company Registration Today!
Contact us now for Pvt Ltd Company Registration online and lay the foundation for your business success.

Eligibility Criteria

Minimum 2 director required to form a private limited company

Minimum 2 shareholders mandatory for registering pvt ltd company

Director and Shareholders may or may not be the same persons

One Director must be an Resident Indian

Minimum capital requirement is NIL

DIN of the directors

Digital Signature of subscribers and directors

Maximum 200 shareholders allowed

Company name which is unique & non-identical to any existing company

Registered Office Address in India to received official communications

Why you must form a Private Limited Company Registration

Limited Liability

The liability of shareholder’s is limited to the amount of capital invested by them. Therefore, the lenders and creditors cannot make a claim over personal assets of shareholders in case of losses.

Separate Legal Entity

A Private Limited Company has a legal identity which is considered distinct from its shareholders and directors. As such, it can own assets and liabilities in its own name. Also, a company may sue third parties in case of defaults in their own name.

Investor friendly

A Private Limited Company is the most preferred type of business entity from investors point of view. Though, A Private Limited Company cann’t raise funds from general public but it is easier to raise funds in from private equity or from private venture capitalists, angel investors, ESOP etc.

Required Documents

Proposed Main Business Activity and Ancillary or incidental activities

4 proposed names for company in order of preference (Read FAQ)

Authorized and Paid up capital & sharing proportion of subscribers

DIN (Director Identification numbers) of all directors

DSC (Digital Signature) of all directors and subscribers

Copy of PAN Card & Aadhar Card of directors and subscribers (Self Attested)

A copy of ID Proofs of all directors & subscribers (Driving License/Voter ID/ Passport)- Self Attested

Self attested address proof of directors & subscribers (Utility Bill/ Bank Statement/ Bank passbook copy)

Passport size color photo of directors in JPEG format

Rent Deed of Office Address or NOC from landlord on Non judicial Stamp Paper

Utility bill (Electricity Bill) in name of owner of property/ landlord which is not older than 2 months

Occupation and educational qualification, place of birth and nationality

Mobile no. and email id of directors and subscribers

Step by Step Procedure of Private Limited Company Registration

Digital Signature Certificate

Apply for Digital Signature Certificate of all directors and subscribers

Obtain DIN

Apply for Directors Identification Number of each proposed director

Apply for Name Approval

Apply for Name approval of your company. Name of company should be unique and non-identical to existing companies.

Prepare filing documents

Arrange all documents including KYC documents needed for private limited company registration

Prepare MOA & AOA

Draft Memorandum of Association & Articles of Association of the proposed company

Submit Application for incorporation

Submit application for incorporation of company to RoC in SPICe+ Form enclosing necessary documents

Verification & Issuance of Incorporation Certificate

RoC will verify the documents & on successful verification issue a Certificate of Incorporation

What we will deliver

DIN for 2 directors

DSC of 2 directors/ subscribers

Name approval of company- RUN WEB FORM/ SPICe+

Memorandum of Association/ Article of Association of Company (e-MOA/e-AOA)

Certificate of Incorporation

Mandatory PAN of Company (e-PAN Card)

Mandatory TAN of Company (e-TAN letter)

Mandatory ESIC/EPFO Registration (using new SPICe+ form)

Professional Tax Registration (in case of Maharasthra)

Mandatory Opening of Bank Account

GST Registration (if required)

Shop and Establishment Registration (Chargeable separately)

Benefits of Private Limited Company Registration

Limited Liability Protection

A Private Limited Company offers limited liability protection, meaning shareholders are not personally liable for the company's debts beyond the unpaid value of their shares. This ensures personal asset protection.
Access to Capital

A Private Limited Company can raise capital more effectively by issuing shares, which makes it easier to attract investors.
Increased Credibility

Registered companies enjoy higher credibility in the eyes of clients, vendors, and investors enhancing their business opportunities.
Transferability of Ownership

The shares of a Private Limited Company can be transferred to another individual or entity which allows smoother ownership transitions.
Tax Benefits

Private Limited Companies are eligible for lower income tax rates of 15%, 22% & 25% on their net profits.

Frequently Asked Question

What is Corporate Identification Number?

On Incorporation of a company, CIN is allotted to a company by Ministry of Corporate Affairs, Government of India. CIN is a 21-digit number which contains the information such as status of the company i.e. whether listed/ unlisted, NIC code of business activity, state of registration, year of registration, private or public and the sequential registration number in the respective state.

What are the types of company registration in India?

There are various forms of company registration in India:

Private limited company
Public limited company
Limited liability Partnership
One person company
Nidhi Company
Producer Company
Section-8 Company

What is Paid up Capital?

Paid up capital of a company means the amount of capital actually brought in by the shareholders in the company. Now, there is no minimum paid up capital requirements.

What is Director Identification Number?

DIN is a unique identification number issued by Ministry of Corporate Affairs to Director of a company or Designated Partners of an LLP.

For obtaining DIN, an online application has to be submitted to MCA with self attested copy of ID and Address Proof of the Applicant and a declaration by the applicant. DIN of maximum 2 directors is allotted along with the incorporation process as per new incorporation forms.

What is Digital Signature Certificate?

Digital Signature Certificate (DSC) is an electronic signing mechanism for documents.
Digital signature certificates are used by programs on the Internet and local machines to confirm the identity of a third party. DSC of all the directors and subscribers are required in the process of company incorporation.

What is Memorandum of Association (MOA)?

MOA is the document on the basis of which a company is registered. Memorandum of Association contains the following details about the company as below:-

Name of the company
State in which the registered office of the company shall be situated
Objectives of the company
Authorized Capital of the company

MOA shall be subscribed by atleast 2 shareholders initially using DSC. Further, they shall agree to subscribe the number of shares they will subscribe in the company.

Can a company be registered at residential place?

Yes, there is no restriction regarding the place where a company can be registered. Only requirement is that you must be having valid address proof in respect of such address and proper NOC from the owner/ Rent Deed.

What care should be taken for selecting the name of company?

The proposed name of the company shall not be identical with or resemble too nearly to the name of an existing company.
A company shall not be registered with a name which gives an impression that it has a patronage of Central or State Government or local authority.
The name should not contain the name of a registered trademark unless you are the owner or permission of its owner is obtained.

What is SPICe+ Form?

SPICe + forms have been brought into effect from 15th February, 2020 for Company Registration in India. It is an advanced version of SPICe. SPICe+ connects 3 central ministries and provides 10 services on a single platform.

What are the statutory compliances required to be made by a private limited company annually?

The company is required to 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 who is a qualified practicing CA. A Private Limited Company is required to file form AOC – 4 and MGT – 7 as part of Annual Compliance within the prescribed deadlines.

Can NRI/ Foreigner hold shares in a private limited company?

Yes, NRI or foreigners can hold shares in a Private Limited Company subject to FDI guidelines.

Can a salaried person become the director of a company?

Yes, but he must go through the employment rules before doing this.

Can a Private Limited Company carry more than one business in a single name?

Yes, a Private Limited Company is allowed to carry on more than one business activity (multiple activities) but that should be in accordance with the Object Clause of the Company. If the proposed activity is not defined in the Object Clause, you must make appropriate alteration in the Object Clause.

Can I register a Private Limited Company without a physical office?

No, a Private Limited Company must have a registered office in India as per Section 12 of the Companies Act, 2013.

Can foreign nationals be directors in a Private Limited Company?

Yes, foreign nationals can be directors in a Private Limited Company, but at least one director must be a resident of India as per Section 149(3) of the Companies Act, 2013.

How long does Pvt Ltd Company Registration take?

Typically, the process takes between 7-15 business days, depending on the completeness of documents and approval from the Registrar of Companies.

Why Choose Taxwink for Private Limited Company Registration in Jaipur?

At Taxwink, we provide professional Pvt Ltd Company Registration in Jaipur and across India. Whether you prefer to register your company online or in person, our experts ensure compliance with the Companies Act, 2013. We guide you through the entire process of Private Limited Company Registration, ensuring that your company is incorporated legally and efficiently.

Latest Blogs

View All Blogs

Become an Associate

Quick Links