Private limited company registration
A private limited company is a separate legal entity with limited liability for shareholders. It is the usual choice for startups and growing businesses that want to bring in investors or employees as shareholders. Incorporation is filed through the SPICe+ form on the MCA portal.
What this covers
- Digital signature certificates for proposed directors
- Name reservation through SPICe+ Part A
- SPICe+ Part B with e-MoA and e-AoA
- Director Identification Numbers (DIN) allotted with incorporation
- PAN, TAN, EPFO and ESIC registration through AGILE-PRO-S
- Post-incorporation items: auditor appointment, share certificates, INC-20A commencement filing
How the work is done
- Agree the company name, capital and shareholding
- Obtain digital signatures and reserve the name
- File SPICe+ with the constitutional documents
- Receive the incorporation certificate and complete post-incorporation filings
Documents usually needed
- PAN, Aadhaar and photographs of directors and shareholders
- Address proof of directors (bank statement or utility bill)
- Registered office proof and owner's NOC
- Proposed object of the business
Frequently asked questions
How many people are needed to form a private limited company?
At least two directors and two shareholders. The same individuals can be both. At least one director must be resident in India.
Is there a minimum capital requirement?
No minimum paid-up capital is prescribed. Capital is decided according to the business's needs.
What is Form INC-20A?
It is the declaration of commencement of business, filed after shareholders pay for their shares. It must be filed within 180 days of incorporation.