Company Registration
Private Limited Company Registration
A Private Limited Company is the most widely used structure for startups and growing businesses in India — it separates your personal assets from business liabilities and makes it far easier to bring in investors later.
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What is a Private Limited Company?
A Private Limited Company is a business entity incorporated under the Companies Act, 2013 and registered with the Ministry of Corporate Affairs (MCA). It exists as a separate legal person from its owners, which means the company can own property, enter contracts, sue and be sued in its own name.
Key Features
Separate Legal Identity
Separate legal identity from its directors and shareholders.
Limited Liability
Liability of shareholders limited to their share capital.
Minimum Directors
Minimum 2 directors, at least one resident in India.
Maximum Shareholders
Minimum 2 and maximum 200 shareholders.
Minimum Capital
No minimum paid-up capital requirement.
Perpetual Succession
Company continues regardless of ownership changes.
Advantages
Easier Funding
Easier to raise funding from angel investors, venture capital and banks.
Credibility
Greater credibility with vendors, clients and financial institutions.
Limited Liability
Protects personal assets of founders and investors.
Easy Transfer
Shares can be transferred without disrupting business operations.
Governance
Clear governance structure through a board of directors.
Documents Required
PAN and Aadhaar card of the proposed director(s)
Mobile number and email ID of the proposed director(s)
Electricity bill, not older than 2 months, for the registered office address
Capital structure of the company and shareholding percentage of each subscriber
A unique mobile number and email ID to be used for the company — the incorporation certificate is delivered here
Latest bank account statement of all directors, if a director does not already have a DIN
Educational qualification details of directors without an existing DIN
Passport-size photograph of all directors
Registration Process
01 Obtain Digital Signature Certificates. DSCs are issued for every proposed director.
02 Apply for Director Identification Number. Each director receives unique DIN.
03 Reserve the company name. Name availability checked with MCA.
04 Draft the MOA and AOA. Defines company objects and rules.
05 File incorporation form. Integrated filing with Registrar.
06 Receive Certificate of Incorporation. Company receives its Certificate of Incorporation after successful approval.