Overview of Private Limited Company Registration

A Private Limited Company is one of the most popular business structures in India, offering credibility, legal protection, and growth opportunities for entrepreneurs and startups. It is a privately held entity where the liability of members is limited to their shareholding, ensuring security and confidence for investors and stakeholders. The shares of a Private Limited Company are not publicly traded, preserving ownership within a select group.

In India, a Private Limited Company can be registered under three categories: Company limited by shares, Company limited by guarantee, and Unlimited Company. With minimal compliance costs and enhanced credibility, it has become the preferred choice for small to medium enterprises and growing businesses.

Benefits of Private Limited Company Registration

Minimum Requirements

• Minimum of 2 Directors and maximum of 15.

• Minimum of 2 Shareholders and maximum of 200.

• At least one Director must be an Indian resident.

• Mandatory DSC (Digital Signature) and DIN (Director Identification Number).

Fees of Private Limited Company Registration

Registration of a Private Limited Company depends on the authorized capital and also it varies from state in India. Many states and UTs have the same Fees Structure.

The Minimum Fees for Registering Company is Rs. 9,499 and the Maximum Fees is Rs. 30,000. These fees are divided among Government Fees, Professional Fees, and the Digital Signature Certificate (DSC).

Steps for Private Limited Company Registration

1. Application of DSC and DIN: Every partner must apply for a Digital Signature and DIN. A DSC is used for online filing, and DIN is issued by MCA for Directors.
2. Name approval: The partners must provide 3 name options to the MCA, one of which will be approved. The names should be unique and relevant to the business.
3. MOA and AOA submission: After name approval, the applicant must draft and file the Memorandum of Association and Articles of Association.
4. Get an Incorporation Certificate: It usually takes 15–25 days. The certificate confirms company formation and contains the CIN (Corporate Identity Number).
5. Apply for PAN, TAN, and Bank Account: Once incorporated, apply for PAN & TAN (received in ~7 days). Then, open a bank account using the Incorporation Certificate, MOA, AOA, and PAN.

Documents Required

• PAN Card and Aadhaar/Voter ID of all Directors.

• Passport-size photographs of Directors.

• Proof of registered office address (electricity bill, water bill, etc.).

• Rent agreement/ownership documents & NOC from the landlord (if applicable).

Private Limited Company Registration in Delhi

The Pre-requisites for Private Limited Company Registration in Delhi include:
• 2 Directors
• 2 Shareholders
• Registered Office Address (Residential/Non-Residential)

Procedure for Registration in Delhi

• Apply for Digital Signature Certificate (DSC).

• Apply for Director Identification Number (DIN).

• Apply for Name Approval with the Registrar of Companies (ROC).

• Register using SPICe INC-32 forms.

• Obtain the Registration Certificate.

Documents Required in Delhi

• Memorandum of Association (MoA) & Articles of Association (AOA).

• Declaration and Affidavit from directors and subscribers.

• Proof of Office Address.

• Utility Bills (Electricity, Gas, Water – not older than 2 months).

• Approval copy if name contains restricted words/expressions.

• Trademark registration certificate (if name is based on registered trademark).

• NOC from proprietors, partners, or existing corporations.

• Identity and Residential Proof of subscribers and directors.