Private Limited Company Registration in India (Pvt.Ltd)

Registering a private limited company is now easier than ever with Fastlegal. Get your private limited company registered in 7 working days only

With Fastlegal, you get professional help and assistance throughout the process, ensuring you get your certificate of incorporation quickly and hassle-free.

Register your private limited company online with Fastlegal

With our team of experts easily register your private limited company completely online in 3 simple steps-

Fill the form and provide documents

Just fill your contact details and share required documents for company registration.

Sign and share the documents

Our team of experts will share required document for signatures, just sign and share scanned copies.

Filing of registration application with ROC

Registration application is filed with concerned ROC and we will keep you updated on status.

Documents required for private limited company registration

A minimum of two directors are required for private limited company registration
A minimum of two shareholders are required for private limited company registration.
Directors or shareholders can be same persons i.e., 2 persons can start a private limited company as shareholders and directors.

Private limited company registration package inclusions:

Digital Signature of 2 Directors.
DIN of Directors
Drafting of Moa & Aoa of the Company
Filing of company registration application with Registrar of Companies along with MOA, AOA and application for allotment of Pan and Tan.
Certificate of Incorporation
Pan of the Company
Tan of the Company
PF & ESIC registration of the Company
Assistance in opening bank account.

Features of Private Limited Company

Limits the personal liability

A Private limited company provides limited liability protection to its owners and shareholders. This means that if the company fails, the owners are not personally liable for any debts or liabilities incurred. This provides a great deal of financial security to the owners, as they are not at risk of losing their personal assets in the event of a business failure.

Separate legal entity

A private limited company is a separate legal entity. This means that the company is recognized by the law as an independent legal entity and is responsible for its own liabilities and obligations. This provides the owners and shareholders with a great deal of freedom as they are not personally responsible for any of the company’s actions.

Easily transferable

The ownership of a private limited company can easily be transferred from one owner to another. This makes it easy for owners to sell their shares and transfer ownership to another person. This makes the company attractive to potential investors and allows for easier access to capital.

Easy and quick registration

The formation of a private limited company is relatively easy compared to other forms of business organizations. There are fewer legal formalities involved and the company can be formed in a matter of days.

Perpetual succession

A private limited company has perpetual succession. This means that the company continues to exist even if its owners or shareholders die or leave the company. This provides a great deal of stability to the company and allows the business to continue even in the event of changes in ownership.

Easy access to capital/funds

A private limited company can be used to raise capital. This is because the company can issue equity and debt instruments to raise funds. This makes it easier for the company to access capital, which is essential for growth and expansion.

Private Limited Company Registration process

Choose a Unique Company Name: The company name should be unique and should not be identical or too similar to existing company names already registered with the Ministry of Corporate Affairs (MCA)
Obtain Digital Signature Certificates: The applicant should obtain the Digital Signature Certificates (DSC) of all the directors and the promoters.
Draft the Memorandum of Association and Articles of Association: The Memorandum of Association (MOA) and Articles of Association (AOA) should be drafted as per the Companies Act, 2013.
File web form INC-32: The web form Spice INC-32 alongwith Memorandum of Association and Articles of Association should be filed with the Registrar of Companies (ROC).
Obtain Certificate of Incorporation: Upon successful filing of web form INC-32, the Registrar of Companies will issue Certificate of Incorporation.
Obtain Pan and Tan of Company: Pan and Tan of Company are issued along with Certificate of Incorporation.

Why Fastlegal

We make it easier for entrepreneurs to get their private limited company registered online from the comfort of their home. With Fastlegal, you can get your private limited company registration done in just 7-10 working days. We provide a comprehensive package that includes not only the registration process but also guidance through the entire process. This includes company name verification, filing of the documents, obtaining Director Identification Number and Digital Signature Certificate, getting the company registered with the Registrar of Companies, and more. Additionally, we also offer post-registration services like GST registration, filing of annual returns, and maintenance of statutory records.

Frequently Asked Questions

A Pvt Ltd Company is a type of business entity in which the liability of the members is limited to the amount of capital invested. It is a popular form of business organization in India and is often preferred for its advantages such as limited liability, ease of transferability, and compliance with regulatory requirements

The main difference between a private and public company is the ownership structure and the ease of access to financing. Private companies are typically owned by a small group of individuals, such as the founders, family members, or close friends, and the private company’s shares are not freely transferable. Public companies, on the other hand, are owned by a large number of shareholders and their shares are freely transferable. Public companies also have access to financing options such as issuing stock, taking out loans, or issuing bonds. Private companies, however, may find it more challenging to access financing and may have to rely on venture capital or private investors to fund their operations.

The steps involved in registering a Pvt Ltd Company include obtaining the Digital Signature Certificate (DSC) and Director Identification Number (DIN), obtaining the name approval from the Ministry of Corporate Affairs (MCA), filing the incorporation documents with the MCA, and obtaining the Certificate of Incorporation.

The main documents/info required to register a Pvt Ltd Company include the address and identity proof of directors/shareholders, name of proposed company, documents in support of registered office and the list of directors/shareholders along with their personal details.

The process of registering a Pvt Ltd Company typically takes around 7-10 working days.

Yes, there are certain rules and regulations governing the number of shareholders in a Pvt Ltd Company. Generally, the number of shareholders should not exceed 200.

No, it is not mandatory to have a common seal for a Pvt Ltd Company.

A DIN number is a Director Identification Number issued by the Ministry of Corporate Affairs (MCA) to an individual who wishes to become a director of a Pvt Ltd Company.

A digital signature certificate is an electronic document used to prove the identity of the sender of a digital message or document. It is issued by a certification authority and contains the sender’s name, public key, and other identifying information. In the company registration process, it is used to sign the online registration application forms.

No, it is not necessary to appoint a company secretary in a Pvt Ltd Company, A Pvt Ltd Company is required to appoint a full time Company Secretary only when its paid up capital is increased to INR 10 crore or more.

Yes, it is necessary to have a board meeting for a Pvt Ltd Company at least once in every 3 months.

Yes, it is necessary to file annual returns for a Pvt Ltd Company.

Yes, it is necessary to conduct an audit for a Pvt Ltd Company

No, it is not mandatory to have a common seal for a Pvt Ltd Company.

Yes, the maximum number of directors of a Pvt Ltd Company should not exceed 15.

The advantages of registering a Pvt Ltd Company include limited liability, ease of transferability, compliance with regulatory requirements, and tax benefits.