Private Limited Company
Private Limited Company Registration
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
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 Utility Bill -Telephone or Mobile Bill, Electricity Bill or Gas Bill (Any One), AND
- No-objection Certificate (NOC) from property owner for use of premises as regd. office
Note: Registered office need not be a commercial space; it can be your residence, too.
FAQ - PRIVATE LIMITED COMPANY REGISTRATION
How many people are required to incorporate a Pvt. Limited 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 INC 29 the total time to register a Private Limited company is 8-15 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 Private Limited 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.