Private Limited Company Registration in India

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What is a Private Limited Company?

A Private Limited Company is a private organization owned by shareholders who have jointly invested a sum of capital in the company. In a private limited the chances of facing liability are limited that need to be borne by the shareholders. They enjoy the dividends that come from the profit made by the company. The Private Limited is the most used legal abbreviation among the businesses.
There is no set industry or size which private limited comes under. Any kind of profession can adopt the legal abbreviation Private Limited and enjoy the benefits. For example, A doctor, Shop, real estate companies etc.

 How To Register A Private Limited Company In India?

Our Registration Process

  • Step-1
    Check Mark

    Document Verification

    Verify the necessary documents for registration

  • Step-2
    Check Mark

    DIN for all Directors

    Obtain Director Identification Number

  • Step-3
    Check Mark

    DSC for 2 Directors
    (Valid for 1 year)

    Obtain Digital Signature Certificate

  • Step-4
    Check Mark

    Name Search
    (4 Options allowed)

    Submit name choices for approval

  • Step-5
    Check Mark

    Name Registration

    Register the chosen company name

  • Step-6
    Check Mark

    Company Registration

    Complete the company registration process

  • Step-7
    Check Mark

    Incorporation Certificate

    Receive the certificate of incorporation

  • Step-8
    Check Mark

    Share Certificate

    Issue share certificates to shareholders

NOTE : Our Package include DSC for 1 Director Only; For additional DSC the charges shall be applicable.

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Benefits of Private Limited Company Registration

Brand

Separate Legal Identity of the Company

Private Limited Company Registration gives separate Legal identity to the Company

Investment

Investment friendly Company for Investors

Investors love to invest in Pvt Ltd companies as it is the best formulated company among the rest.

International partners

Liberty to have International Partners

Pvt Ltd gives liberty to have international partners, only partner is required to be an Indian Citizen

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Best Form of Company Registration

Private Limited Company is the best form of registration and it enables the company to scale dynamically

Detailed Comparision Between Types Of Companies in India

Aspect PVT LTD OPC LLP
Act The Company Act 2013 The Company Act 2013 The LLP Act 2008
Minimum Number of Directors/Partners At least 2 Directors Required At least 1 Directors Required Minimum 2 Partners will be required
Maximum Number of Directors/Partners Maximum 15 Directors a Company Can Have Maximum 15 Directors a Company Can Have No Limit
Maximum Members/Shareholders Maximum 200 Members/Shareholders are allowed Only One No Limit
Authorized Capital Minimum 1 Lakh Minimum 1 Lakh No Minimum Capital Required
Eligibility Criteria Any Person May Form a Private Limited Company, but any of them should be an Indian Resident A Person who is Resident of India Any two Person who is Major and at least one of them must be an Indian Resident
Put After Name Pvt Ltd OCP LLP
Liability of Shareholders/Partners Shareholder’s Liability is Limited to their Allotted Capital Liability is Limited to Member’s Capital Liability of Partners is Limited to their Agreed Contribution
Any Changes in Business Filling Form 32 with ROC Filling Form INC-4 with ROC Filling Form 3 with ROC
Existence A Private Limited Company has a Perpetual Succession since any changes will not affect its existence. A Private Limited Company has a Perpetual Succession since any changes will not affect its existence. A LLP Company has a Perpetual Succession since any changes will not affect its existence.
Transfer of Ownership Can Transfer Ownership by Transferring Share Can Transfer Ownership LLP Ownership is Wholly or Partly Transferable.
Business Conversion Can Be Converted into LLP, OPC or LTD Can be Converted into LLP or PVT LTD LLP Can be Converted into Company
Maintaining Books of Accounts Mandatory Mandatory Mandatory
Maintaining Books of Statutory Records Mandatory Mandatory Mandatory
Provision for Public Deposit Sec. 73 of The Company Act 2013 Sec. 73 of The Company Act 2013 No Provision
Provision for Loan to Directors Sec. 185 of The Company Act 2013 Sec. 185 of The Company Act 2013 No Provision
Board/Partners Meeting First Meeting should be held within 30 Days from Incorporation, After First Meeting Minimum 4 Meeting in a Calendar year Should be Hold. NA Not Required
Statutory Audit Mandatory Mandatory In Case Turnover is More than 40 Lakh or Partners Contribution Exceeds 25 Lakh.
Internal Audit Companies Having Turnover of 200 Crore are applicable for Internal Audit NA NA
Income Tax Audit Turnover above 1CR Turnover above 1CR Turnover above 1CR
Income Tax Rate 25% 25% 30%
Income Tax Return ITR-6 ITR-6 ITR-5
Detailed Comparision Between Types Of Companies in India

Frequently Asked Questions (FAQs)

It is necessary to get the Company registered. It reserves the position and name in the market and shows that the company is a reliable one.

Maximum 15 days it takes for the registration of the company to get completed.

The documents required for Private Limited Company registration are as follows:

  • PAN Card of the Directors
  • Aadhaar Card of the Directors
  • Bank Statement 
  • Latest Electricity Bill
  • Latest Mobile Bill
  • Passport size Photograph of the Directors
  • Board Resolution Authorising Investment.
  • Investing Company Address Proof
  • Recent Utility Bill for Business Purpose
When the overall turnover of the company goes more than 20 lakhs then it becomes mandatory for a Private Limited Company to get their GST Registration done.
Yes. A Private Limited Company can apply for trademark registration without any hindrance.
It is not possible for an individual to register their Private Limited Company; only a Chartered Accountant can do this job for the company.

The eligibility criteria for Pvt Ltd company Registration in India are:

  1. Minimum of 2 persons can be the Director in a Pvt Ltd. The people who have lived in India for more than 182 days.
  2. Minimum 1 lakh should be the capital for starting.
  3. At Least 2 shareholders should be there.
  4. Office should be registered.
  5. A brand new name of the company.
  6. Both the directors should be Indian.
The minimum turnover required by a Private Limited Company should be around 2 crores.
At Least two people are needed to open a Private Limited Company and both should be major. If any one person is minor then the company will not be labeled as Legal.
The company can be controlled by the management which is under the Directors which ultimately gives the power in the hands of the directors.

The benefits of ltd company registration are as follows:

  1. All the transactions made by the company account are legal.
  2. The Company becomes a distinct identity in the public.
  3. Enjoys the freedom of borrowing funds.
  4. The debts of the company become limited since it is not a very big firm.
  5. Mutual Trust on the other partner.