Private Limited Company Registration
A Private Limited Company is a widely favoured business structure in India, particularly suitable for small and medium-scale enterprises. However, the total number of members in a Private Limited Company cannot exceed 200.
Private Limited Company registration in India is governed by the Companies Act, 2013, and regulated by the Ministry of Corporate Affairs (MCA).
Minimum Requirements
Minimum Two Directors
Minimum Two Members
No Minimum Capital Required
Maximum Fifteen Directors
One Director must be an Indian Resident
Advantages
Limited Liability Protection to Director’s personal assets.
Enhanced Credibility and professional image.
Ease in Raising Funds and Loans for business growth.
Preferred Structure for Startups.
Additional Information Required
- Authorized and Paid-up Share Capital (no minimum limit).
- Occupation of Members/Directors.
- Place of Birth and Residential Duration of Members/Directors.
- Proposed Business Activities.
- Educational Qualifications of Members/Directors.
- Contact Details (Email ID and Phone Number).
Registration Process
Updated Process (SPICe+ Web Service)
The Ministry of Corporate Affairs has introduced SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) for seamless registration.
Name Reservation :
- File Part A of SPICe+ for name approval.
- Ensure the name is unique.
Filing SPICe+ Part B :
- Submit details for incorporation, such as address, directors, and shareholding structure
- Integrated services include GSTIN, ESIC, EPFO, and bank account opening.
Affix DSC :
- Download SPICe+ forms and digitally sign them.
Upload to MCA :
- Submit the digitally signed forms via the MCA portal.
Declare Subscribers and Directors :
- INC-9 declaration form auto-generated for electronic submission (mandatory for fewer than 20 subscribers/directors).
Documents Required
To facilitate a seamless registration process, please ensure that the necessary documents are readily available.
Passport-size Photograph of all Directors.
Director Identification Number
Digital Signature Certificate.
PAN Card
Passport / Voter ID / Aadhaar Card / Driving License
Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill.
NOC from Landlord, Lease Agreement, and Utility Bill.
NOC from Owner, Property Title Deed, and Utility Bill.
Passport-size Photograph of all Directors.
Director Identification Number
Digital Signature Certificate.
PAN Card
Passport / Voter ID / Aadhaar Card / Driving License
Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill.
NOC from Landlord, Lease Agreement, and Utility Bill.
NOC from Owner, Property Title Deed, and Utility Bill.
Passport-size Photograph of all Directors.
Director Identification Number
Digital Signature Certificate.
PAN Card
Passport / Voter ID / Aadhaar Card / Driving License
Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill.
NOC from Landlord, Lease Agreement, and Utility Bill.
NOC from Owner, Property Title Deed, and Utility Bill.
Passport-size Photograph of all Directors.
Director Identification Number
Digital Signature Certificate.
PAN Card
Passport / Voter ID / Aadhaar Card / Driving License
Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill.
NOC from Landlord, Lease Agreement, and Utility Bill.
NOC from Owner, Property Title Deed, and Utility Bill.
Benefits of MCA Compliance
Registering a Private Limited Company ensures
- Legal protection for the business and its stakeholders.
- Compliance with the latest regulatory updates.
- Streamlined operations with enhanced investor confidence.
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