Private Limited Company
A private limited company is a type of business entity that is privately held and restricted to a certain number of shareholders. It offers limited liability protection to its owners, meaning their personal assets are not at risk in case the company faces financial difficulties. Private limited companies are governed by specific regulations and are required to file financial statements with regulatory authorities. They are often preferred by small to medium-sized businesses due to their flexibility in management and ownership structure.
Pvt Ltd Company Registration in India
The quickest and most authentic approach to incorporate a company in India is through a Private Limited Company. Most people pick this type of business registration because of its advantages, including as limited liability and separate legal entities for shareholders and directors. More than 90% of India's registered corporations are Private Limited corporations. It is the most common type of company registration since it gives the business a reputation and credibility in the marketplace. Learn about the process, fees, and requirements for registering a Private Limited Company.

Pvt. Ltd. Company - Incorporation Certificate [Sample]


What is a Private Limited Company?
A Private Limited Company is a type of corporate entity owned by a small number of persons, both privately and collectively. It is incorporated under the Ministry of Corporate Affairs. This sort of company entity limits its shareholders' liability and allows shares to be traded only privately. It might have as little as two members or as many as 200. Shareholders are regarded the company's owners, while directors are considered the company's key management persons (KMP), however under an LLP, partners are both owners and KMPs.
Incorporating a Private Limited Company is the best option since it provides tax benefits, legitimacy, business expansion, and faster approval of business loans. It encourages the easiest way for capital formation and pooling of funds through members.
Benefits of Private Limited Company Registration
1. Improves Credibility:
Private Company improves credibility by being registered as a corporate entity.
2. Attract Funding:
Syndicate both equity and debt funds to have an optimal capital structure.
3. Foreign Investment:
Business may attract foreign direct investment (FDI) under the automatic route.
4. Separate legal Entity:
A Private Limited Company is a legal entity in its own right, allowing the business owner to keep their assets separate from the business itself. This means that the business owners aren’t subject to any personal liability.
5. Easy Exit Plan:
It has an Exit plan through sale or dilution of equity of the Company.
6. Limited Liability:
It helps in protecting personal assets of the owners with limited liability protection.
7. Easy Transferability:
Ownership of a business can be easily transferred in a company by transferring shares.
Minimum requirements of Pvt Ltd Company registration
As per the Companies Act 2013, there are minimum requirements that need to be met for company incorporation online.
Minimum 2 directors
Unique business name
At least one director should be a resident of India
Registered office address
Pvt Ltd(Private Limited) Company Registration Process in Delhi
Apply for DSC
Step 1: Apply for a Digital Signature Certificate
As part of the company incorporation process, it is important to obtain a Digital Signature Certificate from the government for the online company registration Process. A DSC or a Digital Signature Certificate works as proof of identity of the director of the company and it is required to sign digital forms while registering for the company incorporation online.
Unique Name reservation
Step 2: Reserve a unique Business Name
The next step after getting DSC is to reserve a Unique name for your business and make sure that the business name cannot be identical as any other registered business as per the details mentioned in Rule 8 of the company Incorporation Rules.
You can use our Name Search tool to check for the availability of a unique name for your private limited company.
Filling of SPICe Form ( INC-32)
Step 3: Filling of SPICe Form ( INC-32)
After the name approval, the details of the company registration have to be drafted in the SPICe+ form on the MCA portal. It is a detailed Proforma for registering a private limited company online in Delhi. You are required to fill in all the details mentioned below.
- Fill in the Details of the company.
- Details of its Members and Subscribers.
- Apply for Director Identification Number(DIN)
- Apply for PAN and TAN
- Declaration by Directors and Subscribers
- Declaration & Certification by professiona
Filing of MoA and AoA
Step 4: Filing of MoA and AoA
SPICe e-MoA (INC-33) and e-AoA (INC-34) are the forms which have to be drafted while applying for online company registration in Delhi. MoA is defined under section 2(56) which tells about the objectives and goals of the company and AoA is defined under section 2(5) of the Companies Act, 2013, which defines the internal working and management structure of the company.
Issuance of Certificate of Incorporation
Step 5: Issuance of PAN, TAN, and Certificate of Incorporation
Post approval of the aforementioned documents from the Ministry of Corporate Affairs, the department will issue documents such as PAN, TAN, Certificate of Incorporation, etc.
Documents Required for registration of Private Limited Company
In order to register your private limited company in India, you need to provide proper identity and address proof. These documents are required for directors and shareholders of the company which will be submitted to the Ministry of Corporate Affairs (MCA) portal.
Identity and Address Proof of Directors & Shareholders
- Passport size photographs of the directors
- Copy of Aadhar Card
- Copy of Driving License or Voter ID
- Copy of PAN Card
- Copy of bank statement or utility bill (not older than two months)
- Copy of Passport (in case of foreign national or NRI)
Address Proof of Registered Office
- Copy of electricity or any other utility bill (not older than two months)
- Rent agreement (if rented)
- No Objection Certificate (NOC) from the owner of the property
Note: It is not mandatory to own a commercial business premise for incorporation. One can use their home address proof for registration of the company.

A FinTech platform that understands your need
A comprehensive package of services for starting and managing your whole business, offered to you by a firm with a long-term goal to improve the way you do business.