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How to Register Pvt Ltd Company? A Step-by-Step Guide
- STEP 1: Choose a Unique Name for Your Business. ...
- STEP 2: Obtain Digital Signatures from Authorised Agency. ...
- STEP 3: Obtain Director Identification Number (DIN) from MCA Portal. ...
- STEP 4: Prepare Memorandum and Articles of Association. ...
- STEP 5: Get Consent and Declarations.
To establish a Private Limited (Pvt. Ltd.) company in India, you need a minimum of two members and two directors, with a maximum of 200 members and 15 directors. Key eligibility requirements include each director possessing a Director Identification Number (DIN), at least one director being an Indian resident, a unique company name, and a physical registered office address in India. All proposed directors and shareholders need a Digital Signature Certificate (DSC), and all must be of sound mind and not declared bankrupt.
The benefits of a Private Limited (Pvt Ltd) company include limited liability for shareholders, protecting personal assets from business debts and liabilities. Other advantages are its status as a separate legal entity, offering more credibility to investors and lenders, and possessing perpetual succession, ensuring the company continues regardless of ownership changes. Pvt Ltd companies also enjoy easier access to capital for growth, offer a more professional image, and allow for a flexible management and ownership structure, with greater control over share transfers
- Director & Shareholder IDs: PAN card, Aadhaar card, Voter ID, Passport, or Driver's License.
- Address Proof: Latest electricity bill, phone bill, or bank statement for directors and shareholders.
- Registered Office Address Proof: A utility bill (not older than two months) and a rental agreement or No Objection Certificate (NOC) if the property is rented, or ownership documents if owned.
- Affidavit: From each subscriber confirming their intent to become shareholders.
Private Limited Company Registration In India
To register a Private Limited Company in India, you must first obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN), then propose and get approval for a unique company name. After preparing your company’s Memorandum of Association (MoA) and Articles of Association (AoA), file the SPICe+ form along with required documents like director and office address proofs to the Ministry of Corporate Affairs (MCA) for incorporation. Once approved, you’ll receive a Certificate of Incorporation and can then apply for PAN, TAN, and GST.
Documents Required
- Director & Shareholder IDs: PAN card, Aadhaar card, Voter ID, Passport, or Driver’s License.
- Address Proof: Latest electricity bill, phone bill, or bank statement for directors and shareholders.
- Registered Office Address Proof: A utility bill (not older than two months) and a rental agreement or No Objection Certificate (NOC) if the property is rented, or ownership documents if owned.
- Affidavit: From each subscriber confirming their intent to become shareholders.