Private Limited Company

A Private Limited Company is the most trusted and preferred business structure in India for entrepreneurs, startups, and growing enterprises. It offers limited liability, perpetual existence, easy access to funding, and high credibility with investors, banks, and customers.

With over 12 years of experience in corporate law and company registration, Expert Vakil provides end-to-end, compliant, and fast-track Private Limited Company Registration across India.

What Is a Private Limited Company?

A Private Limited Company is a separate legal entity distinct from its shareholders, governed by the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA). It can:

• Own property

• Enter into contracts

• Sue and be sued

• Continue existing even if shareholders change or pass away

Key Features

Advantages of Private Limited Company Registration

1. Limited Liability Protection

Shareholders are not personally liable for company debts beyond their share capital contribution.

2. Easy Access to Capital

Private Limited Companies can attract venture capital, angel investors, and bank financing more easily than proprietorships or partnerships.

3. Perpetual Existence

The company survives the death, resignation, or insolvency of directors/shareholders.

4. Better Credibility & Brand Value

Registered companies enjoy greater trust in the market, leading to better business opportunities.

5. Employee Stock Options (ESOPs)

Companies can offer ESOPs to attract and retain top talent.

6. Global Expansion Friendly

Easier to comply with international business regulations and set up foreign subsidiaries.

Eligibility Criteria for Registration

Documents Required for Registration

For Directors & Shareholders

• PAN Card (mandatory for Indian nationals)

• Aadhaar Card / Voter ID / Passport

• Passport-size photograph

• Bank statement / Electricity bill / Water bill (not older than 2 months) for address proof

• Rental agreement + NOC from landlord (if registered office is rented)

• Sanctioned let / ownership proof of registered office

For Company

• Name approval (via RUN or SPICe+ form)

• MOA (Memorandum of Association)

• AOA (Articles of Association)

• Declaration by first subscribers and directors

Step-by-Step Registration Process

Step 1: Obtain DSC (Digital Signature Certificate)

All proposed directors must obtain Class 2 or Class 3 DSC from certified agencies.

Step 2: Apply for DIN (Director Identification Number)

DIN is applied through SPICe+ Form (INC-32) on the MCA portal.

Step 3: Name Approval

• Submit RUN (Reserve Unique Name) or via SPICe+ Part-A

• Name must be unique and not violate trademark or naming guidelines

Step 4: File SPICe+ Form (INC-32)

The integrated form includes:

• Incorporation

• DIN allocation

• PAN & TAN application

• EPFO & ESIC registration

• Bank account opening

Step 5: Draft MOA & AOA

• MOA defines the company’s objectives and scope

• AOA contains internal rules and regulations

Step 6: Submission & Certificate of Incorporation

Upon approval, MCA issues the Certificate of Incorporation with CIN (Corporate Identification Number).

Step 7: Post-Incorporation Compliance

• Open bank account

• Appoint first auditor within 30 days

• File INC-20A (commencement of business)

• Maintain statutory registers and books of accounts

Typical Timeline: 7–10 working days (subject to MCA processing)

Government Fees & Professional Charges

Note: Costs vary based on authorized capital, number of directors, and additional services.

Post-Registration Compliance Checklist

Non-compliance attracts penalties up to ₹10 lakh and disqualification of directors.

Why Choose Expert Vakil for Private Limited Company Registration?

 12+ years of corporate law experience
 500+ companies successfully registered
 End-to-end service: Name approval → Incorporation → Post-compliance
 100% online process – no physical visits required
 Dedicated case manager for personalized support
 Fast-track processing: 7–10 working days
 Transparent pricing with no hidden charges
 Post-registration support: GST, PAN, TAN, bank account, statutory compliance

Who Should Register a Private Limited Company?

• Startups seeking venture capital or angel investment

• Tech companies and SaaS businesses

• E-commerce and D2C brands

• Manufacturing and trading businesses

• Foreign nationals wanting to set up in India

• Family businesses wanting limited liability and succession planning

• Professionals (CA, lawyers, consultants) scaling their practice

Frequently Asked Questions (FAQs)

1. How long does registration take?

Typically 7–10 working days after document submission.

2. Can foreign nationals be directors?

Yes, foreign nationals can be directors/shareholders but need DIN and must comply with FEMA regulations.

3. Is minimal paid-up capital required?

No, no minimum capital is required since 2015.

4. Can I use my home as registered office?

Yes, with NOC from the owner and utility bill proof.

5. What happens after incorporation?

You receive CIN, PAN, TAN, and can immediately start business operations after filing INC-20A.

6. How is a Private Limited Company different from LLP?

Private Limited offers better fundraising options, higher credibility, and ESOP facilities, while LLP has simpler compliance.

Ready to Start Your Company?

Expert Vakil makes Private Limited Company Registration simple, fast, and stress-free. With our 12+ years of expertise and 500+ successful registrations, we ensure your business starts on the right legal footing.

 Call Now for a Free Consultation
 Email us at contact@expertvakil.com
 Visit: www.expertvakil.com

Your Business Deserves the Best Legal Foundation – Trust Expert Vakil.