What is Private Limited Company?
A Private Limited Company is a separate legal entity registered under the Companies Act, 2013. Shareholders have limited liability, the company continues regardless of changes in ownership, and it can raise funds from investors by issuing shares.
It is the most trusted structure for startups and growing businesses, and the only one that venture capital and angel investors generally invest in. Incorporation is done online through the SPICe+ form on the MCA portal.
Who Needs Private Limited Company?
- Startups planning to raise investment
- Businesses that want limited liability and credibility
- Companies hiring employees and signing large contracts
- Founders who want to issue ESOPs
Advantages of Private Limited Company
Shareholders' personal assets are protected from business debts.
Issue equity to investors, angels and VCs.
The company owns assets, signs contracts and can sue in its own name.
Preferred by banks, large clients and government tenders.
The company continues even if shareholders or directors change.
Documents Required for Private Limited Company
Directors & shareholders
- PAN card
- Aadhaar card
- Passport-size photograph
- Email ID and mobile number
- Bank statement or utility bill as address proof
Registered office
- Latest electricity / water / gas bill (not older than 2 months)
- Rent agreement and NOC from owner (if rented)
- Sale deed or property tax receipt (if owned)
We share an exact checklist for your case after the consultation. Scanned copies or clear phone photos are fine.
How We Get It Done
- 1DSC
Digital Signature Certificates are issued for all directors.
- 2Name approval
We check availability and reserve the name through SPICe+ Part A.
- 3MOA & AOA
Our CS drafts the Memorandum and Articles of Association.
- 4SPICe+ filing
Incorporation forms with DIN, PAN, TAN, EPFO, ESIC and bank account are filed.
- 5Certificate
The Certificate of Incorporation with CIN, PAN and TAN is issued by MCA.
Frequently Asked Questions
At least 2 directors and 2 shareholders. The same persons can be both. At least one director must be resident in India.
No. A company can be started with any amount of paid-up capital. We usually suggest ₹1 lakh authorised capital.
No. A residential address can be used as the registered office with a utility bill and owner NOC.
Appointing an auditor within 30 days, filing INC-20A, board meetings, annual ROC filings (AOC-4, MGT-7), statutory audit and income tax returns.