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Private Limited company

What is private limited company?

A private limited company is a small business corporation that is privately owned. This type of business organization restricts owners ' responsibility to their shares, the maximum number of shareholders is 50. Shareholders from publicly traded securities are not allowed. Registering the company as a registered company has multiple benefits from being easy to register to being easy to dissolve.

Start-ups prefer private limited companies because it makes it easy to raise equity outside of them, decreases the liability of their shareholders and allows them to offer employee stock options for the recruitment of top talent. Private registration of limited companies can take place in Delhi through Legalsalaah. You can absolutely rely in Legalsalaah since you will always get the best out of us.

Advantages of Private Limited Company Registration

There are several reasons for choosing Private Limited Company Registration:-

  • Limited liability (shareholders would not risk losing their personal assets).
  • Finance preferred by banks and investors.
  • Stakeholders or other directors can easily assign redistribute shares.
  • Provide a partnership firm's versatility and the Public Ltd Company's benefits.
  • Easy to register, administer and execute.
  • Easy to close (dissolve or wind-up).

Documents Required for Private Limited Company


Pan Card

All Directors Pan Card Copy.


Passport Size Photo

All Directors Passport Size Photo.


Identity Card

All Directors Aadhaar Card Copy/ Voter Identity Card.


Rent Agreement

Rent Agreement Copy (If Premises On Rent).



Electricity/ Water Bill (Business Place).



Landlord/Owner Noc (We Will Provide The Format)

Steps Required For Private Limited Company Registration


Application of Digital Signature Certificate & DIN:

First of all, partners must apply for Digital Signature and DIN. Digital Signature is an electronic signature used for filing and DIN is assigned to Directors PIN number issued by MCA. If directors already have DSC or DIN, this step may be skipped.


Name Approval:

You must provide the company name with 3 different options, one of which is chosen for MCA. The names given should be distinctive and representative of the organization.


Submission of MOA & AOA:

Once the title has been accepted, a report and corresponding papers must be drawn up. The MCA with the subscription claim shall be registered with MOA and AOA.


Mca E-forms filing:

We need to submit Agile and Inc-22 Forms To Get the COI (Certificate Of Incorporation) following the submission of approved forms.


Get COI with PAN, TAN certificate:

Normally, a private limited company is to be formed and the certificate of incorporation takes 15- 25 days. The certification of incorporation is proof that the company was created. Your CIN also applies.

Minimum Requirements for Company Registration


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Process of Private Limited Registration



Fill basic details for



Digital signature certificate
and DIN



Verification of Email



Get your




  • 3 class 2 Digital signature
  • 2 Director Identification Numbers
  • 1 RUN Name Approval
  • Upto 10 Lakhs Authorized Capital
  • Incorporation Fee
  • Stamp Duty
  • PAN & TAN
  • GST Registration



  • 3 class 2 Digital signature
  • 2 Director Identification Numbers
  • 1 RUN Name Approval
  • Upto 10 Lakhs Authorized Capital
  • Incorporation Fee
  • Stamp Duty
  • PAN & TAN
  • GST Registration
  • 12 Months GST return Filing (GSTR-3B or GSTR-1)
  • Udyog Aahaar Registration

Frequently Asked Questions

They are basically companies/organizations which are held privately (not for public) for small businesses.
It requires a minimum of two members/shareholders. So these individual’s are eligible to start a company in India, if they have PAN card Aadhar card A office (rented/self-owned).
The basic procedure for registering a Private Limited Company Registration in India is as follows: Make/Generate Digital Signature Certificate (DSC) Self-Attested Documents for Private Limited Company Registration which includes Articles of Association (AoA), Memorandum of Association (MoA), Utility bills of proposed office (electricity bill,etc.) File with form INC-32 for One-Day Company Incorporation with SPICe. For Director Identification Number(DIN), Name Reservation, Incorporation, PAN application, TAN number.
New SPICe INC- 32- for company incorporation. e-MoA (INC-33) and e-AoA (INC-34) - register a private limited company Registration.
Following documents are required for registering a Private Limited Company Registration. Memorandum of Association (MoA) Articles of Association (AoA) Declaration and Affidavit by directors and first subscribers Proof of Office Address Utilities Bills’ Copy not more than 2 months old (Electricity, Gas, Water Bills etc.) Copy of approval, if the proposed name is containing words/expressions which need authorization by the Central government If a registered trademark name, then it is mandatory to attach trademark registration certificate or trademark application copy NOC from sole proprietors partners /associates/ existing company Proof of identity and residential address of subscribers. Proof of identity and residential address of directors.
The breakup of processes and time required are as follows:- 1 Day- Preparation of Document 1 Day- Documents Signing 1-2 Days- DSC Processing (Digital Signature Certificate with declaration required to file INC-32) 1 Day – Incorporation Processing with SPICe. So it would take 4-5 working days to incorporate a private limited company.
A Private Limited Company usually has following expenses in the beginning Rs.15,000 for incorporation, Rs. 15,000 for ROC compliances of PLC Rs. 15,000 for Audit procedures. So, approximately a capital of Rs. 45,000- 50,000 is required to start and maintain a PLC.
No. Public is prohibited from subscriptions to any securities of the company and the company can trade their shares to the public.
Minimum 2 and Maximum 200 members.
Yes. They attract venture capitalist and FDI in India.
Yes, Foreign National or NRI can become a director or shareholder in a private limited company in India. But holding of shares in the company by foreign nationals/companies will be as per FDI Guidelines of India. And atleast one member of the Board of Directors of the company must be a Indian Resident.