Private Limited Company Registration in India

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Private Limited Company Registration

All you need to know

A Private Limited Company is highly recommended option to start a business in India by startups. The incorporation of private company takes place under the Companies Act of 2013, and it is governed by the Ministry of Corporate Affairs (MCA). A Private Limited Company offers limited liability for its shareholders with certain restrictions placed on the ownership. A person at a same time can become both a director and shareholder in a Private Limited Company.


It is a corporate structure that is registered and which provides business a separate legal identity from its owners. A Private Limited Company in India falls between a partnership firm and a widely owned public company. An LLP has partners, who own and runs the business whereas in private limited company registration, directors may be different from shareholders which means that management and owner may or may not be the same person. 


To start a private limited company, the minimum number of members required are two and maximum is allowed upto two hundred as per Companies Act, 2013. The minimum 2 directors are required and maximum 15 directors can be appointed in a private limited company.


 The liability of the members of a Private Limited Company (PLC) is restricted to the number of shares held by them. A private limited company can starts its business once it obtains certificate of incorporation and certificate of commencement of business. The process of registration of company can be completed within 10-15 business working days.


Quickbiz Filing is efficient business platform which helps in incorporation of company, compliance, advisory and consultancy services. Quickbiz Filing employs qualified company secretaries and chartered accountants which provides timely delivery of services to its customer. The process of Private Limited Company incorporation & registration is easy, cheap and quick at quickbizfiling.com. You may get in touch with our compliance manager on 9106657573 or email support@quickbizfiling.com for free consultation.

Private Limited Company Registration Fees

Select State

BASIC

5799 (All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • Name Approval with Spice
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation Using SPICe
  • MOA & AOA
  • PAN
  • TAN
  • GST registration
  • INC 20A Filing
  • Appointment of 1st Auditor
  • SSI/MSME Registration​

STANDARD

8499 (All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • 1 Separate RUN application for Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe
  • MOA & AOA
  • PAN
  • TAN
  • GST registration
  • INC 20A Filing
  • Appointment of 1st Auditor
  • SSI/MSME Registration
Popular

PREMIUM

19999 (All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • 1 Separate RUN application for Name Approval
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe
  • MOA & AOA
  • PAN
  • TAN
  • GST Registration
  • INC 20A Filing
  • Appointment of 1st Auditor​
  • SSI/MSME Registration​
  • 1st Income Tax filing upto turnover of Rs. 50 Lakhs
  • 1 Year TDS Filing upto 500 entries
  • 1st Annual Filing upto turnover of Rs. 50 Lakhs
  • 25 Copies of MOA
  • 25 Copies of AOA
  • 10 Copies of Share Certificate
  • Company Seal

Advantages of a Private Limited Company

QuickBiz is a technology driven platform which offers legal & financial services over its team of professionals. Before applying this services applicant should know the list of advantages of this service in India.

Separate Legal Entity

A private limited company is a separate legal entity which possess all the rights to sue or to be sued. A company is a separate legal entity from its promoters/owners and management in the eyes of law. It acts an artificial person which can buy a property on its own name and it can operate on its own name.

Fund Raising

Registered Private limited company is considered as a corporate entity that attracts various angel investors and venture capitalists that helps them to expand and raise their funds for the growth of their business. A private limited company can also obtain funds from the debentures as well as the stockholders and also through borrowings from banks.

Enhanced Credibility in market

A registered corporate entity such as private limited company are considered more trustworthy as compared to the non-registered ones. The particulars of the company are available on a public database, which improves the credibility of the company as it makes it easy to authenticate the details. Vendors, suppliers and investors trust them over the other business structures. As a result, it enhances the brand value of the company amongst the customers and other investors and suppliers.

Foreign Investment (FDI) Allowed

In private Limited Company, 100% Foreign Direct Investment is allowed that means any foreign entity or foreign person can directly invest in a Private Limited Company. The private limited companies allows Foreign Direct Investment which other type of firms require appropriate licensing/Liaising and approval from the administration for foreign investments.

Limited Liability

If the company goes into liquidation, the personal assets of the members will not be used to pay off the liability of the company. Their liability remains limited only upto capital subscribed and unpaid by them

List of Documents for Company Registration

Our mission is to offer excellent support to our client in respect of all the legal compliances on affordable rates. Have a look at the list of documents required to avail this service.

Documents of Shareholders/Directors
  • Two coloured Photographs of each promoter
  • PAN card of each promoter
  • Identity Proof (Copy of Voter ID / Driving License/ Passport)
Registered Address Related Documents
  • Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
  • Proof of registered office address (Electricity Bill or any other utility bill for the address proof of the Registered Office. If premises is rented then utility bill, rent agreement or sale deed and an NOC from the landlord with his / her consent to use the office as a registered office of a company must be submitted as well)

How to Incorporate Private Limited Company

Private Limited Company Registration Process in 5 steps
  • 1.Application of DSC
  • 2. Selection of suitable name
  • 3. MOA & AOA Submission
  • 4. Get Incorporation Certificate of Company
  • 5. Get PAN & TAN of Company

The registration of private limited company is complete online process to be done through Ministry of Corporate Affairs (MCA) website. Recently the MCA has done away with the earlier SPICe form and came up with a new web form called SPICe+ (SPICe Plus). Hence, Incorporating a Private Limited Company is now more easier than before .

FAQs On Private Limited Company

Get answers to all your queries

It generally takes 8-10 working days to register Private Limited Company in India. The time taken for registration is dependent on the submission of relevant documents by the client and the time taken by Government for Approvals. To ensure that the registration is done quick and speedy, choose a unique name for your Company.

Minimum 2 directors are required and maximum upto 15 directors can be appointed in private limited company.

 

No, you don’t need to present physically as new company registration is a fully  online process and all documents are filed electronically, You just  need to send us scanned copies of all the documents & forms required.

The name of a company should be formulated as mentioned above. The applicants can provide with their preference order of names, maximum of 2 names under RUN form. The applicant should comply with the provisions of the Act or regulations. The registrar may ask to re-submit the application with a different name if names is not unique and does not fulfil any other criteria.

The DSC is an instrument issued by certifying authorities by which you can sign     electronic documents. As all documents needed are electronic, partners need a DSC.

Director Identification Number is a unique number allocated by the Ministry of Corporate Affairs to Individuals on whose name the application is made, allowing an individual to be a Director in any Company or Designated Partner in an LLP.

Authorised capital means the maximum amount of capital that a company can raise by way of issue of shares at present or in the future. Whereas, the Paid-up Capital refers to the actual amount which iss  raised by a company till now i.e.; amount paid by the shareholders on the issuance of shares. One can register a company in India by any amount of paid-up capital which can be less or equal to the authorized capital but not more than the authorized capital.

Yes, a NRIs and Foreign National can become Directors in a Private Limited Company. They need to get a Director Identification Number from the Indian ROC. They can also be a majority shareholder in the company. Provided minimum one Director on the Board of Directors should be an Indian Resident.

There is no minimum capital required for starting a private limited company.

Yes, it is possible to register the company at the residential address. For the same, one is required to submit the utility bill copy of the same.

Have Questions? Need Help of an Expert

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