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Private Limited Company

Begin your dream company today.

When you use FirstFiling, forming a private limited company is simple. You may quickly register your startup firm from the comfort of your own home. Our professional team will assist you in registering your business anywhere in India. We will provide assistance with documentation, preparation, filing, and following ROC follow-up.


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Private Limited Company Registration

To register a company in India, you must first determine your eligibility and obtain the necessary paperwork, after which you must learn the step-by-step procedure for forming a private limited company in India. In India, the most common type of business for startups is a company. The principle of limited liability to its stockholders is the most essential benefit. Banks, financial institutions, and angel investors typically invest in company-based businesses. As a result, we strongly urge that you register your new firm as a corporation. Foreign Direct Investment is also permitted under the Automatic Route, with no need for prior approval.

Registration Requirements for a Private Limited Company

Unique Name

The proposed company name should not be confusingly similar to an existing corporation or limited liability partnership (LLP). You should also check the trademark registration to make sure the name doesn’t conflict with any existing or pending trademarks in India.

Minimum Two Persons

To register a business in India, you’ll need at least two people to act as the firm’s directors/shareholders. The firm can have up to 15 directors and a maximum of 200 shareholders.

Resident Director

One of the company’s directors must be based in India. Regardless of citizenship, a person is considered a resident if he or she spends at least 182 days in India during the previous fiscal year. The duration of the stay can be divided into phases

Capital Requirement

Only one person can form an OPC in India, and that person will operate as the company’s directors/shareholders. An OPC’s maximum number of directors is 15, and its maximum number of shareholders is one.

Procedure for Registering a Company

Documents Required

  • Two Color Photographs of Promoters
  • PAN Card of each Promoter
  • Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
  • Identity Proof (Voter ID / Driving License / Passport)
  • Proof of Registered Office
  • Utility Bill as Proof must be latest
  • NOC from the Owner of the Premises

Need any further assistance with business compliances and filings?

Frequently Asked Questions

For incorporation of a company under the companies act 2013, anyone from the below list of the document is accepted as Identity Proof.

  • Passport
  • Driving License
  • Voter ID Card

For the incorporation of a company in India, you can present any document from the list below as evidence of address. The director’s or shareholder’s address proof paper should be no more than two months old.

For company incorporation following are the forms on which promoters need to sign, All the forms need to be printed on plain A-4 size paper. The sign with a blue ink pen.

  • DIR-2, Consent from all the director
  • Declaration of Promoter – Non-Deposit
  • INC-9 A Declaration under Companies Act 2013
  • Subscriber Sheet of MOA & AOA

Every company must have a registered address. The following is a list of documents that can be used as verification of the location of the company’s registered office. The proof of the premises should be no more than two months old.

  • Electricity Bill
  • Gas Bill
  • Telephone Bill
  • Mobile Bill
  • NOC from the owner

Yes, for a corporation with foreign shareholding, the entire process and documentation are different. Foreign Direct Investment (FDI) cases are handled by a separate team. For additional information on FDI or how a foreign corporation can open an office or company in India, go to the relevant page.

  • Company Incorporation in India with Foreign Individual (s)
  • Incorporate Company as a subsidiary of a Foreign Corporation
  • Branch office Registration of a Foreign Company/Entity
  • Liasion Office Registration of a Foreign Company/ Entity
  • Project Office Establishment for a Foreign Company

Limited liability means that the company’s owners or shareholders are not personally liable for the company’s debts. They are only liable for the unpaid shares of the company’s capital. To be eligible, the shareholder must follow all rules and pay all taxes on time.

Apart from the concept of Limited Liability as explained above a company have the following significant features

  • The company will continue to exist, no matter how many directors, officers, and shareholders join or leave.
  • A Company can Sue and be Sued in its name.
  • A legal entity like a company has a separate identity from its owners or shareholders.
  • Not only do the companies receive financial assistance from banks and financial institutions but also enjoy the advantage of borrowing funds.
  • Like a person a private limited company can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its name.

Apart from the above-mentioned characteristic of limited liability, a business has the following important characteristics.

  • No matter how many directors, officers, or stockholders join or depart, the firm will continue to exist.
  • In its name, a company can sue and be sued.
  • A legal entity, such as a corporation, has its own identity apart from its owners or stockholders.
  • Banks and financial institutions provide financial help to private limited corporations, although they receive a preferential rate of interest.
  • A private limited company, like a person, can buy, sell, own, hold, enjoy, and transfer property rights in its name to anyone.