Company Registration
Private Limited Company Registration in India
A private limited company is the most trusted business structure in India. In short, it gives limited liability, a separate legal identity and easy access to funding. However, the incorporation steps and filings must be exact. Therefore, Prospect Legal handles your private limited company registration end to end — from DSC to the incorporation certificate.
10+
Years in Legal Practice
SPICe+
MCA Filing
2 Directors
Minimum Needed
End-to-End
DSC to COI
Build a Trusted Company
What is a private limited company?
A private limited company is a company owned privately by its shareholders. Simply put, it is a separate legal person from its owners. Also, the liability of members is limited to their shares. Therefore, personal assets stay protected.
This structure suits growing businesses. First, it builds trust with clients and banks. Next, it makes raising funds far easier. Also, investors prefer it for equity deals. Because of this, most startups choose it.
Why choose a private limited company?
A private limited company offers clear advantages. In practice, these are the main ones.
- Limited liability. Owners are liable only up to their shareholding.
- Separate legal identity. The company can own assets and sign contracts in its own name.
- Easy funding. Investors and VCs prefer equity in a private limited company.
- Perpetual succession. The company continues even if owners change.
Eligibility and legal requirements
A private limited company is formed under the Companies Act, 2013. In short, you need at least two directors and two shareholders. Also, at least one director must be resident in India. Next, you need a registered office address in India. Finally, each director needs a DIN and a Digital Signature Certificate (DSC). We arrange all of these for you.
Documents required for private limited company registration
You need only a few documents to start. Also, our team checks each one before filing. As a result, approval stays smooth. Here is the list:
- PAN and Aadhaar of all directors and shareholders
- Passport-size photos of the directors
- Address proof — bank statement or utility bill
- Proof of the registered office, such as a rent agreement
- A No Objection Certificate from the property owner
- Email and mobile number of each director
Private limited company registration — step by step
The process is simple with expert help. Moreover, Prospect Legal handles every step for you. Here is how it works:
Step 1 — Get DSC and DIN
First, we obtain a Digital Signature Certificate for each director. Then, we apply for the Director Identification Number.
Step 2 — Reserve the company name
Next, we file the name in the RUN or SPICe+ Part A. Also, we check that the name is unique and available.
Step 3 — File SPICe+ for incorporation
Then, we file SPICe+ Part B with the e-MOA (INC-33) and e-AOA (INC-34). Also, we file the linked AGILE-PRO-S and INC-9, so PAN, TAN, GST, EPFO and ESIC are covered together.
Step 4 — Receive the incorporation certificate
Finally, the MCA issues the Certificate of Incorporation. After that, your company is ready to start operations.
Private limited company vs LLP vs OPC
Founders often compare the three structures. In short, they differ in liability, compliance and funding. The table makes it clear.
| Point | Private Limited | LLP | One Person Company |
|---|---|---|---|
| Owners needed | 2 or more | 2 or more partners | 1 person |
| Fundraising | Easy — equity friendly | Harder | Limited |
| Compliance | Moderate to high | Lower | Moderate |
| Best for | Startups seeking investors | Services and professionals | Solo founders |
Cost, timeline and post-incorporation steps
Private limited company registration is quick with the right help. In practice, incorporation takes a few working days once documents are ready. Because government fees vary by state and capital, we quote the exact figure upfront.
A few steps follow incorporation. First, open a company bank account. Next, deposit the subscribed capital. Also, file the commencement of business form (INC-20A). Therefore, we guide you through each one.
Private limited company compliance calendar (first year)
A new company has a few time-bound filings. In short, these keep you compliant and penalty-free. We track and file each one for you.
| Filing | Form | Due date |
|---|---|---|
| Commencement of business | INC-20A | Within 180 days of incorporation |
| First auditor appointment | ADT-1 | Within 30 days of incorporation |
| First board meeting | — | Within 30 days of incorporation |
| Director KYC | DIR-3 KYC | By 30 September every year |
| Financial statements | AOC-4 | Within 30 days of the AGM |
| Annual return | MGT-7 | Within 60 days of the AGM |
What makes up the cost of registration?
The total cost has a few clear parts. Also, government charges vary by state and capital, so we quote the exact figure upfront. Here is what it covers.
| Component | What it covers | Notes |
|---|---|---|
| Digital Signature (DSC) | A signature for each director | One-time, per person |
| Name reservation | Reserve the name in SPICe+ Part A | Small government fee |
| MCA filing fee | The SPICe+ incorporation filing | Scales with authorised capital |
| Stamp duty | Duty on the MOA and AOA | Varies by state |
| PAN, TAN & GST | Applied within SPICe+ | Included in the filing |
| Professional fee | Our end-to-end handling | Fixed and quoted upfront |
Why choose Prospect Legal for private limited company registration?
Many portals just file a form. Few, however, guide you like a partner. Here is what sets us apart:
- Fixed pricing. Because our fees are clear, you face no surprises.
- End-to-end. Also, we handle DSC, DIN, name approval and SPICe+ together.
- Compliance ready. Next, we set up your first filings and registers.
- Fast turnaround. Moreover, we push the MCA process to save time.
- Real support. Above all, you can reach a human on call or WhatsApp anytime.
Private limited company registration — what’s included
| Service | What we do | Benefit to you |
|---|---|---|
| DSC & DIN | Digital signatures and director IDs | Ready-to-file directors |
| Name Approval | Reserve a unique company name | A brand you can keep |
| MOA & AOA | Draft the charter documents | A compliant foundation |
| SPICe+ Filing | File incorporation with the MCA | A registered company |
| PAN, TAN & COI | Apply for PAN, TAN and get the COI | Ready to operate |
| Post-Setup Guidance | Bank account and INC-20A | A smooth start |
Related company registration services
Not sure which structure fits you? Therefore, explore these related services next:
Frequently asked questions about private limited company registration
How many people are needed to register a private limited company?
You need at least two directors and two shareholders. Also, the same people can be both. In addition, one director must be resident in India. So, two people are enough to start.
What is the minimum capital for a private limited company?
There is no minimum paid-up capital under the Companies Act, 2013. Simply put, you can start with any amount. Also, you choose the authorised capital. Therefore, the structure suits small startups too.
How long does registration take?
With documents ready, it takes only a few working days. However, MCA processing can add time. So, timelines vary a little. We push the process to keep it fast.
What documents are required?
You need PAN, Aadhaar and photos of the directors. Also, address proof and registered-office proof. In addition, a No Objection Certificate from the owner. We check each one first.
Cost, name and compliance
What does registration cost?
The cost depends on the state and the authorised capital. Also, professional fees apply for the filing. Because both vary, we quote the exact figure upfront. So, there are no surprises.
How do I choose a company name?
Pick a unique name that is not already taken. Also, avoid names too close to existing brands or trademarks. Then, we check availability with the MCA. Finally, we reserve it for you.
What compliances apply after registration?
A company must file annual returns and financial statements. Also, it holds board meetings and maintains registers. In addition, INC-20A is filed to start business. We set these up for you.
Can I register the company at my home address?
Yes, you can use a residential address as the registered office. Also, you need a No Objection Certificate from the owner. So, a separate office is not required. We guide the paperwork.
Other common questions
Can foreign nationals be directors?
Yes, a foreign national can be a director or shareholder. However, at least one director must be resident in India. Also, extra documents apply. We handle the FEMA and KYC steps.
What is the difference between private limited and LLP?
A private limited company suits startups seeking investors. An LLP suits professionals wanting lower compliance. So, the choice depends on your plans. We advise the better fit for you.
Do I get PAN and TAN with incorporation?
Yes, PAN and TAN are applied for within SPICe+. Also, they arrive with the incorporation. So, you do not apply separately. This saves you time.
Can Prospect Legal handle the full registration?
Yes, we manage it end to end. First, DSC, DIN and name approval. Next, SPICe+, MOA and AOA. Finally, the COI, PAN and TAN. Call 7000-12-7225 to begin.
Post-incorporation compliance
What is INC-20A and when must it be filed?
INC-20A is the declaration for commencement of business. Notably, you file it within 180 days of incorporation. Then, the company can start operations. Accordingly, we file it on time for you.
What annual filings does a private limited company make?
Every company files AOC-4 and MGT-7 each year. Also, it appoints an auditor through ADT-1. In addition, directors file DIR-3 KYC. We handle all of these for you.
When must the first auditor be appointed?
The first auditor is appointed within 30 days of incorporation. Notably, this is done through Form ADT-1. Then, the auditor holds office till the first AGM. So, we set this up early.
What happens if I miss a filing deadline?
Late filings attract daily penalties and fees. Notably, INC-20A and annual returns are strict. Then, costs add up quickly. Therefore, we track every due date for you.
Ready to register your private limited company? Start today.
Do not let paperwork slow your launch. Instead, let our experts file your private limited company registration end to end. As a result, you get a compliant company, fast.
