What is a Private Limited Company?#
A private limited company is a separate legal entity with limited liability. It's the most preferred business structure for startups.
Features#
- Separate legal entity
- Limited liability for shareholders
- Minimum 2 directors, maximum 15
- Minimum 2 shareholders
- Cannot invite public to invest
Eligibility#
- At least 2 directors (one must be Indian resident)
- At least 2 shareholders
- DIN for directors
- DSC for signatories
- Registered office in India
Documents Required#
For Directors:#
- PAN card
- Aadhaar card
- Passport size photos
- Address proof
For Company:#
- Registered office proof
- NOC from owner
- MOA and AOA
Registration Process#
Step 1: DSC Application#
Apply for Digital Signature Certificate for directors.
Step 2: DIN Application#
Apply for Director Identification Number.
Step 3: Name Approval#
Apply for company name through RUN service.
Step 4: MOA/AOA#
Draft Memorandum and Articles of Association.
Step 5: MCA Filing#
File SPICe+ form with all documents.
Step 6: PAN & TAN#
Apply for PAN and TAN.
Step 7: GST Registration#
Apply for GST (optional but recommended).
Timeline & Cost#
- ROC processing: 15-20 days
- Government fees: Rs 0 to Rs 5,000
- Professional fees: Rs 5,000-15,000
- Total cost: Rs 10,000-25,000