Private Limited Company Registration

A Private Limited Company is a type of business entity registered under the Companies Act 2013. It has a separate legal identity, limited liability for its shareholders and can have 2 to 200 members. It is the most preferred structure for startups wanting to raise funds and scale operations.

There is no minimum paid-up capital requirement as per current rules. You can start with a nominal capital such as Rs 1 lakh or even less, and increase it later as the business grows.

You need a minimum of two directors and a maximum of fifteen. At least one director must be a resident of India, meaning a person who has stayed in India for at least 182 days in the previous calendar year.

The registration typically takes 10 to 20 working days from the time all documents are submitted and the name is approved. Delays can happen if the MCA portal is busy or if additional clarification is needed by the Registrar.

DIN stands for Director Identification Number. Every person who wants to become a director of a company must apply for a DIN. Go2Comply assists with DIN application as part of the registration process.

DSC stands for Digital Signature Certificate. It is required to sign documents electronically while filing with the MCA portal. Each applicant director must have a valid Class 3 DSC for the incorporation process.

Yes, you can use a rented property as a registered office. You will need to provide a No Objection Certificate from the owner and valid address proof such as a utility bill or rent agreement.

MOA stands for Memorandum of Association, which defines the company's objectives and scope. AOA stands for Articles of Association, which governs the internal rules and management of the company. Both are prepared and filed during incorporation.

Yes. The minimum requirement is two shareholders and two directors. The same individuals can be both directors and shareholders if they meet the residency and KYC requirements.

After receiving the Certificate of Incorporation, you should open a current bank account, apply for GST registration if applicable, register for professional tax if in certain states, appoint a statutory auditor within 30 days and keep the statutory registers updated.

Yes, a foreign national can be a director. However, at least one director on the board must be a resident of India. The foreign director needs to provide a notarised and apostilled copy of their passport and other KYC documents.

A Private Limited Company must file annual returns, financial statements, income tax return, hold board meetings and annual general meetings, maintain statutory registers and file event-based forms for changes in directors, shareholding or registered office.

Yes. This structure is specifically suited for receiving investment. You can issue equity shares, preference shares or convertible instruments to investors. This is one of the main reasons startups prefer Private Limited Company over other structures.

A Private Limited Company is more suitable for raising external investment, while an LLP has simpler compliance and is better for professional services. A Private Limited Company has shareholders and directors, while an LLP has partners.

Yes. After incorporation, the company receives its own PAN and TAN. These are separate from the personal PAN cards of the directors and are used for all business-related tax filings and transactions.

Yes. You register a single company and it can operate across India. For tax and labour compliance purposes, you may need to register for GST and professional tax in the states where you have a business presence.

A statutory auditor is a practicing Chartered Accountant who audits the company's financial accounts annually. The auditor must be appointed within 30 days of incorporation and the appointment filed with the MCA.

Yes. A Private Limited Company can be converted into a Public Limited Company by following the Companies Act provisions, which include increasing the number of members, directors and making the necessary changes to the articles.

GST registration is mandatory if your annual turnover crosses the threshold limit (Rs 40 lakh for goods, Rs 20 lakh for services in most states). You may also register voluntarily to claim input tax credit and appear credible to clients.

If your first choice of name is not available, we suggest alternative name options based on naming guidelines. Name availability can be checked before filing, and we guide you through the name reservation process via the RUN (Reserve Unique Name) or SPICe+ form.