What is Private Limited Company Registration?
A Private Limited Company (Pvt. Ltd.) is the most preferred business structure for startups and growing businesses in India. It is governed by the Companies Act, 2013, and regulated by the Ministry of Corporate Affairs (MCA).
It limits the liability of shareholders to their shareholding amount, allows easy fundraising, and gives the business a separate legal identity β making it the ideal choice for entrepreneurs looking to scale.
With PrimeWealth Advisory, we handle the entire registration process β from DSC/DIN issuance to Certificate of Incorporation β while you focus on building your business.
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Key Benefits
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Separate legal entity β company exists independently of its owners
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Limited liability protection for shareholders and directors
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Easier to raise funding from investors and VCs
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High credibility and brand recognition among customers and vendors
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Perpetual succession β company continues even if ownership changes
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Can hold property, enter contracts, and sue/be sued in its own name
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Access to startup benefits, government schemes, and incentives
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Tax benefits and deductions available under the Income Tax Act
Eligibility Criteria
- Minimum 2 directors (maximum 15 directors)
- Minimum 2 shareholders (maximum 200 shareholders)
- At least one director must be an Indian resident
- No minimum paid-up capital requirement
- Registered office address in India required
- Directors must be at least 18 years of age
Documents Required
PAN Card of all directors
Aadhaar Card of all directors
Latest Bank Statement (2 months)
Passport size photographs
Proof of registered office address
Electricity bill / NOC of property
Rental agreement (if rented)
Email IDs and phone numbers
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Process / Team Image
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Step-by-Step Process
01
Obtain DSC
Digital Signature Certificate (DSC) for all proposed directors β required for filing online forms.
02
Apply for DIN
Director Identification Number (DIN) obtained via SPICe+ form for each director.
03
Name Reservation
Apply for company name approval through the RUN (Reserve Unique Name) facility on MCA portal.
04
Draft MoA & AoA
Memorandum of Association and Articles of Association drafted and finalized.
05
File SPICe+ Form
SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form filed with MCA.
06
Certificate of Incorporation
Upon approval, Certificate of Incorporation (CoI) issued with CIN, PAN, and TAN.
07
Post-Incorporation
Bank account opening, GST registration, and initial compliance setup.
Frequently Asked Questions
How long does it take to register a Pvt. Ltd. company?
Typically 7β10 working days after all documents are submitted, subject to MCA processing times.
Can a foreign national be a director?
Yes, a foreign national can be a director in an Indian Private Limited Company, but at least one director must be an Indian resident.
Is there a minimum capital requirement?
No, the Companies Act 2013 removed the minimum paid-up capital requirement. You can start with any amount.
What is a DIN and DSC?
DIN (Director Identification Number) is a unique number for every director. DSC (Digital Signature Certificate) is used to sign online filings digitally.
Can I convert my proprietorship to a Pvt. Ltd. later?
Yes, you can convert your existing business structure to a Private Limited Company at any time.
What are annual compliance requirements?
Annual compliance includes filing of annual returns (MGT-7), financial statements (AOC-4), board meetings, and audit requirements.
Ready to get started?
Free consultation β no obligations, no hidden charges.