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Private Limited company registration in India
Register your startup as a private limited company with CertifyKaro. Our experienced (10 yrs+) CA/CS team drafts and completes all the documentation on the same day.
- Same day documentation
- MCA & MSME registered firm
- DSC, DIN, PAN & TAN included in the process
Need help with Private Limited Company Registration?
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Private Limited company — overview
A Private Limited Company is one of the most popular forms of business entity in India — approximately 90% of companies in India are registered as Private Limited Companies, and more than 150,000 companies are registered every year.
It is a separate legal entity with limited liability and perpetual existence, incorporated under the Companies Act, 2013.
Eligibility to form a Private Limited company
- Number of directors — minimum 2 and maximum 15
- Number of shareholders — minimum 2 and maximum 200
- One person can act as both director and shareholder
- At least one director should hold Indian citizenship
Can a single person register a Private Limited company? No — a minimum of two shareholders and two directors is mandatory. A single founder can consider a One Person Company instead.
Documents required for Private Limited company registration
Owner / director's documents
- Directors' PAN
- Directors' ID proof (Aadhaar Card, PAN Card, Passport, Driving License)
- Directors' address proof
- Latest one month savings account statement
- Latest mobile phone bill or electricity bill
- Passport size photograph
- E-mail IDs
- International passport (mandatory for foreign directors)
Company documents
- Registered office address proof
- Copy of electricity / water / gas bill
- Lease or leave and licence agreement if the premises is rented or leased
- No Objection Certificate (NOC) from the landlord
Private Limited vs OPC vs LLP vs Partnership vs Proprietorship
| Private Limited Company | One Person Company | LLP | Partnership Firm | Proprietorship | |
|---|---|---|---|---|---|
Act | Companies Act, 2013 | Companies Act, 2013 | LLP Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
Registration | Mandatory | Mandatory | Mandatory | Optional | No |
Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
Separate legal entity | Yes | Yes | Yes | No | No |
Liability protection | Limited | Limited | Limited | Unlimited | Unlimited |
Statutory audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
Ownership transferability | Yes | No | Yes | No | No |
Uninterrupted existence | Yes | Yes | Yes | No | No |
Foreign participation | Allowed | Not allowed | Allowed | Not allowed | Not allowed |
Tax rates | Moderate | Moderate | High | High | Low |
Statutory compliance | High | Moderate | Moderate | Less | Less |
Advantages of a Private Limited company
Limited liability
If a private limited company was in financial trouble and had to close, shareholders would not risk losing their personal assets.
Helpful in Startup India registration
Under the Startup India scheme you can avail a lot of benefits like raising funds, subsidy for trademark registration etc.
Easily transferable ownership
It is easier to subscribe to or leave the membership of the company, and easier to transfer the ownership.
Selling the business
The company's value is based on the business, not the owner, making it easier to sell the company.
Perpetual succession
The company continues to exist till it is wound up in accordance with the provisions of the relevant law.
Raising money
A company can issue shares and raise money more easily than other business structure types.
Separate property
A company as a legal entity is capable of owning its funds and other properties. The property of the company is not the property of its shareholders.
Better governed
Companies are governed by the Companies Act, 2013 and have to follow various other regulatory procedures during the course of their governance.
Taxation
Companies are often taxed at a lower rate and are provided with better tax benefits as compared to other forms of business organization.
Capacity to sue
As a juristic legal person, a company can sue in its name and be sued by others.
Compliance after registration
- Annual ROC filing (AOC-4 and MGT-7)
- Statutory audit of accounts
- Income tax return filing
- Board and general meetings documentation
How we work
From your first call to the final certificate, one dedicated expert handles your file.
Fill our registration form & make the payment
Expert calls you and collects all the necessary documents
DSC & DIN created for the directors
Name reservation
Filing of SPICe+ forms with the MCA
Certificate of incorporation with PAN & TAN
How your application moves
Private Limited Company Registration
- Fill our registration form & make the payment
- Expert calls you and collects all the necessary documents
- DSC & DIN created for the directors
- Name reservation
- Filing of SPICe+ forms with the MCA
Frequently asked questions
How can I register my Pvt Ltd company for free?
The Ministry of Corporate Affairs (MCA), Government of India reduced the fee for registering a private limited company, but you cannot register your business for free. The charges are minimal but they are not free.
Can a single person apply for a Private Limited company?
No, a minimum of two shareholders and two directors is mandatory.
How to convert an OPC into a Private Limited Company?
A One Person Company (OPC) can be converted into a Private Limited Company as per Section 18 of the Companies Act, 2013 and the Companies (Incorporation) Rules, 2014. The conversion does not affect the existing debts, liabilities, obligations or contracts of the OPC. It requires changes in the Memorandum of Association (MOA) and Articles of Association (AOA) of the OPC, and the company must have at least two members and two directors. To apply for the conversion, Form INC-6 is filed with the Ministry of Corporate Affairs.
How can one avoid rejection of the company name in India?
Company name registration is a scrutinized process. A name may be rejected if:
- The name does not align with the principles or objectives of the company
- It is a translated name of a reputed brand
- It has phonetic resemblance to an existing company
- It includes words that are offensive to any community
These are some of the major reasons, among others.
What is a Digital Signature Certificate (DSC)?
A digital signature is a digital code attached to documents that carries the same authority as a handwritten signature. It is proof of the authenticity of the document by the owner of the company.
What are the different classes of Digital Signature Certificates?
A DSC is required for signing a document or application digitally. There are three classes of DSC in India:
- Class-1 DSC: issued to private subscribers and individuals to secure email communications and authenticate their identity
- Class-2 DSC: issued to company directors and other signatory authorities of a company/firm/organization
- Class-3 DSC: used for participation in e-Tenders and e-Auctions anywhere in India
What is a Director Identification Number (DIN)?
A Director Identification Number is a unique 8-digit identification number allotted by the central government to every individual who wants to become, or already is, a director. Once allotted, the DIN has lifetime validity. It helps the government keep track of all directors and is used on all official documents that require the signature of the director.
What are the types of companies that I can register in India?
There are various types of company registrations available in India:
- One Person Company (OPC)
- Private Limited Company
- Public Limited Company
- Limited Liability Partnership (LLP)
- Non-Profit Organizations
What are the documents required for company registration?
Directors & shareholders documents:
- Passport size photograph
- PAN Card copy (mandatory)
- Address proof — any one of: Passport, Aadhaar Card, Driving License, Voter ID
- Residential proof — any one of: Bank Statement, Electricity Bill, Telephone Bill, Mobile Bill
Registered office documents:
- Office property ownership / rental documents
- Address proof of the registered office premises
Get your Private Limited Company Registration done by experts
100% refund if the application is not filed within the committed timeline.