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Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A Private Limited Company can have a minimum of two members and a maximum of fifty members. Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.

Private Limited Process

1

Application of DSC & DPIN

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2

Name Approval

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3

MOA & AOA Submission

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4

Get incorporation Certificate

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5

Apply for PAN, TAN and Bank account

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Documents Required

Copy of PAN Card of directors Passport size photograph of directors
Copy of Aadhar Card/ Voter Identity Card of Directors Copy of Rent Agreement (if rented property)
Electricity/ Water Bill (Business Place) Copy of Property Papers (if owned property)
Landlord NOC  

Benefits of Private Limited Company

 

  • Separate Legal Entity
  • Uninterrupted Existence
  • Borrowing Capacity
  • Easy Transferability
  • Owning Property

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