Private limited company registration

About Private limited company registration

A private limited company is a separate legal entity registered under the Companies Act, 2013. Shareholders' liability is limited to the value of their shares, the company continues even if owners change, and it can raise money from investors by issuing shares. It is the preferred structure for businesses that plan to grow or take investment.

You need at least two directors and two shareholders (the same person can be both), with at least one director who has stayed in India for 182 days or more in the previous year. There is no minimum paid-up capital. The company must keep proper books, hold board meetings and annual general meetings, and file annual returns with the Registrar of Companies.

Who needs it

• Founders planning to raise investment or issue shares
• Businesses that want a strong credibility with banks and customers
• Growing family businesses that want to separate ownership and management

Documents required

Directors and shareholders

• PAN of each director and shareholder (passport for foreign nationals)
• Aadhaar or other identity proof such as voter ID, driving licence or passport
• Address proof such as a bank statement or utility bill, not older than two months
• Passport-size photograph
• Mobile number and email ID of each director
• Digital Signature Certificate (DSC) for each director

Registered office

• Rent agreement with the owner's no-objection letter, or sale deed if owned
• Latest utility bill (not older than two months)

Company details

• Two or more preferred names, in order of preference
• Main objects and business activity
• Authorised capital and share allotment among the subscribers
• Details of the first directors and the person who will be the authorised signatory

If a shareholder is a company or LLP

• Certificate of incorporation, MOA and AOA
• Board resolution authorising the investment and a representative

How we do it

1. Digital signaturesDSC is obtained for the directors.
2. Name approvalThe proposed name is checked and reserved with the Ministry of Corporate Affairs.
3. Incorporation filingWe file the integrated incorporation form with the memorandum and articles, which can also apply for PAN, TAN and other registrations together.
4. Certificate of incorporationYou receive the company's Corporate Identification Number (CIN) and PAN.
5. After incorporationOpen the bank account, bring in the initial capital and file the declaration for commencement of business within 180 days.
6. First-year compliancesAppoint the first auditor, hold the first board meeting, and set up statutory registers within the stated time limits.

Time it takes

Frequently asked questions

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