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Complete Guide to Private Limited Company Registration in India

rahul
10 May 2018
2 min read
 Complete Guide to Private Limited Company Registration in India

Why Register a Private Limited Company?


A Private Limited Company is the most popular business structure in India for startups and growing businesses. It offers limited liability protection, easy access to funding, and

credibility with clients and vendors.


Key Benefits


  • Limited liability protection for shareholders
  • Separate legal entity from its owners
  • Easy to raise funding from investors and VCs
  • Greater credibility with banks and clients
  • Perpetual succession — company continues even if owners change

  • Documents Required


  • PAN Card of all directors
  • Aadhaar Card of all directors
  • Passport-size photographs
  • Proof of registered office address
  • Digital Signature Certificate (DSC)
  • Director Identification Number (DIN)

  • Step-by-Step Process


    Step 1: Obtain DSC and DIN

    Every director needs a Digital Signature Certificate and Director Identification Number before filing.


    Step 2: Name Approval

    Apply for name reservation through the RUN (Reserve Unique Name) service on the MCA portal. You can suggest up to 2 names.


    Step 3: File SPICe+ Form

    Submit the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form which covers incorporation, DIN allotment, PAN, TAN, GSTIN, EPFO, and ESIC registration.


    Step 4: MOA and AOA

    Draft the Memorandum of Association and Articles of Association defining the company's objectives and internal rules.


    Step 5: Certificate of Incorporation

    Once approved by the Registrar of Companies, you receive the Certificate of Incorporation with your unique CIN number.


    Timeline and Cost


    The entire process typically takes 15-20 working days. Government fees start from approximately ₹1,500, and professional fees vary based on authorized capital and complexity.


    Post-Incorporation Compliance


  • Open a current bank account in the company's name
  • Issue share certificates within 60 days
  • Appoint an auditor within 30 days
  • File commencement of business declaration (INC-20A)
  • Maintain statutory registers and minute books