Private Limited Company
Private Limited Company Registration
What is Private Limited Company?
Pvt Ltd Company Registration in India
Private Limited Company is the most suitable form of legal entity for carrying out business in India. It is also the preferred choice of business for startups planning to raise fund.
Private Limited Companies are required to hold board meetings and file annual returns with the Ministry of Corporate Affairs (MCA), so it has considered and viewed with more credibility than a Limited Liability Partnership (LLP), One Person Company (OPC) or General Partnership.
Minimum Requirement to register a Private Limited Company
Minimum Two Directors, Minimum Two Shareholders, DIN of the two proposed Directors, DSC (Digital Signature Certificate) for two Directors, Consent from the Subscriber or Director, Proof of Registered Address, NOC from the owner of premises.
* The directors and shareholders can be the same Person
Process to Register a Private Limited Company in India
Steps and time taken to Register a Private Limited Company in India. Get Your Pvt Ltd Company registered in 7 Workings days through BIZINDIGO.
Documents Required for Private Limited Company Registration
To be Submitted by Directors/ Shareholders
- PAN Card or Passport Copy
- Identity proof: Voter ID Card or Aadhaar Card or Passport or Driving License (Any One)
- Address Proof: Latest Utility Bills - Telephone or Mobile Bill or Electricity Bill, Gas Bill or Bank Statement(Any One)
- Passport Size photo
Specimen signature (format will be shared by us)
For the Registered Office
- Utility Bill - Copy of Latest Electricity Bill or Gas Bill (Any One), AND
- NOC* from property owner for use of premises as registered office
*NOC format will be provided by us.
Note: Registered office need not be a commercial space; it can be your residence, too.
FAQ - Private Limited Company Registration
How many person are required to incorporate a Pvt Ltd Company?
To incorporate a private limited company, a minimum of two people are required. A private limited company must have a minimum of two Directors and can have upto a maximum of fifteen Directors. A minimum of two shareholders and a maximum of upto 200 shareholders are allowed in a private limited company.
How much time is needed for Registration of a company?
With New form SPICe the total time to register a Private Limited company is 7-10 working days.
Can another company be a shareholder in Private Limited Company?
Yes, however a person needs to appoint an alternative director on behalf of that investing company.
Can a Salaried person become the director in a Pvt Ltd Company?
Yes, a salaried person can become the director in Private Limited Company, there are no legal hurdles in this but you have to check your employment agreement if it contains any restrictions on doing so.
I am residing at a place where you don’t have an office, what to do?
Company incorporation process is online. In case we don’t have a physical office in your city, you can email / upload us the required documents or send us through courier.