Govt. Charges As applicable
The most preferred business structure for entrepreneurs in India — offering limited liability, legal identity, and easy access to funding. Regulated by MCA under the Companies Act, 2013.
Name of Proposed Company
Significance of the Name
Objective of the Business
DIN of Directors (if available)
Class II Digital Signatures
KYC of All Promoters
Identity Proof of Directors
Address Proof of Directors
Authorised Capital Structure
NoC from Office Owner
Easethebiz has defined the meaning of Private Limited Company in a simplified manner as: A company which is registered as a separate legal entity from its Directors and Shareholders, which means the company can have property registered in its own name, a separate bank account and can sign contracts in its own name.
Moreover, the liability of the company is separate from any person in the company. In simple terms a company is considered as an individual.
A Private Limited Company is one of the most popular forms of a legal entity for doing business in India. It is regulated by the Ministry of Corporate Affairs (MCA) and incorporated under the provisions of the Companies Act, 2013.
The Companies Act, 2013 has defined various types of Private Limited Company based on shareholding, number of members, or turnover. Below we have classified the types of private limited company in the table:
| Applicable Section | Type of Company | Key Feature |
|---|---|---|
| Section 2(21) | Company Limited by Shares | Liability limited strictly to unpaid share value. Ideal for e-commerce, traditional startups, and scaling businesses. |
| Section 2(22) | Company Limited by Guarantee | Liability triggers only during liquidation up to a fixed promised amount. Suitable for societies, clubs, and trade associations. |
| Section 2(92) | Unlimited Company | No liability shield; personal assets are at risk for business debts. Rare — specific financial consulting or niche entities. |
| Section 2(62) | One Person Company (OPC) | Sole proprietorship benefits with the legal shield of a corporate entity. For individual founders and independent professionals. |
| Section 2(85) | Small Company | Sub-category with higher thresholds (Capital ≤ ₹10Cr / Turnover ≤ ₹100Cr). Mid-sized family businesses wanting to reduce compliance burden. |
| Section 8 | Section 8 Company | Complete focus on social, charitable, or cultural objectives. No dividend payouts. For NGOs, charitable trusts, and foundations. |
Unlike Sole Proprietorship, a Private Limited Company enjoys a separate legal status. Even if members or management change, the company continues to exist.
The company can hold assets in its own name, separate from its shareholders' personal assets
Members' liability is limited to the shares held. No personal liability for company debts beyond the shareholding amount.
Creditworthiness of a registered company is better than any other form of business organisation
At least 2 Directors and 2 Members are required for formation of a Private Limited Company.
For smooth registration of a Private Limited Company, one needs to comply with mandatory compliances. The list of minimum requirements are:
Liability of the members of the Company is limited only to the extent of the shares subscribed / liability undertaken by the members of the company.
Creditworthiness of the registered business is more than an unregistered business, allowing the company to take loans from Banks and Financial Institutions easily.
The income of the company is taxed at a flat rate under Income Tax Act, 1961, whatsoever may be the turnover of the company — clear and predictable tax liability.
A company enjoys the status of a separate legal entity and does not come to an end by death or change of management or owners, unless legally dissolved.
A Company has the capacity to initiate legal proceedings against any person or entity in its own name before the court of law — a right not available to unregistered entities.
In India, the registration process of Private Limited companies is fully digitalized, streamlined and managed by MCA through an online portal. Below we have discussed the step by step process of private limited company registration:
The proposed name of the Company is applied by the promoter by paying requisite fee online through RUN (Reserve Unique Name) Web Service. The applied name will be processed by the Central Registration Centre (CRC). To avoid rejection, the name must follow the guidelines provided under Companies (Incorporation) Rules, 2014. Once approved, the name is available for 20 days to complete incorporation. The name must end with "Private Limited".
Digital Signatures of all members and at least one Director need to be obtained for incorporation. The following KYC details are required:
Once the name gets approved by the department, documents — including the Memorandum of Association (MOA) and Articles of Association (AOA) — are prepared as per the guidelines given under the Act and Rules for incorporation of the Company.
Incorporation of the Company is done through SPICe (Simplified Proforma for Incorporating Company electronically). Form SPICe – INC-32 is filed along with eMOA (INC-33) and eAOA (INC-34) with the Central Registration Centre (CRC) of Ministry of Corporate Affairs, along with requisite Stamp Duty charges.
Once the entire process is completed and the department is satisfied with all compliances, the Certificate of Incorporation is issued along with allotment of PAN (Permanent Account Number) and TAN (Tax Deduction Account Number). The proposed company becomes a separate legal entity and can immediately transact business in its own name.
| Stage | Estimated Time |
|---|---|
| Stage 1: DSC Procurement | 1–2 Days |
| Stage 2: Name Reservation | 1–3 Days |
| Stage 3: Document Drafting | 1–2 Days |
| Stage 4: SPICe+ Part B Filing | 1–2 Days |
| Stage 5: ROC Verification & Approval | 3–5 Days |
| TOTAL TIMELINE | 7–15 Working Days |
The document requirement for a company splits into two categories: first is documents for Directors & Shareholders and second is documents for registered offices. Let us understand it in Simple way-
GST registration is not mandatory for a Private Limited Company if the turnover of the company does not exceed the threshold limit as applicable to the company. GST registration is mandatory only if the company crosses the prescribed turnover limit or falls under compulsory GST registration categories.
Easethebiz is a leading platform for providing services related to the Private Limited Company registration in India. We helped numerous clients to obtain their registration. As registration of companies under the Companies Act, 2013 which is regulated by MCA requires accuracy, the information provided by you on registration should match with the details already available on the integrated portals of the government such as Income Tax portal, GSTIN portal, etc. We work with accuracy and transparency, our professionals with expertise in their field complete each assigned work with the same level of dedication.
Got our Pvt Ltd company incorporated in just 8 days, including MOA and AOA drafting. Very professional team.
Helped us choose Private Limited over LLP for funding readiness. Transparent pricing with PAN, TAN and GST included.
Two co-founders, smooth DSC and DIN process. Bank account opened within a week of incorporation certificate.
Investor wanted a Pvt Ltd entity before funding talks. The whole incorporation was completed without any hassle.
Good experience overall, name approval took a couple of extra days but rest of the process was fast.
Affordable pvt ltd registration fees compared to local CAs, and they also handled our GST registration together.
Share a few details below and our team will get in touch to start the name-approval process within 24 hours.
PROFESSIONAL FEE: ₹5,000/- + GOVT. FEEPrivate Limited Company Registration
A Private Limited Company is a separate legal entity registered under the Companies Act, 2013. It can own assets, open bank accounts, and conduct business in its own name.
A minimum of 2 Directors and 2 Shareholders are required. The company must also have a registered office address in India.
No, there is no minimum capital requirement. A company can be registered with any amount of capital.
Required documents include PAN Card, Aadhaar Card, address proof, passport-size photograph, and registered office proof.
Usually, the registration process takes around 7–15 working days, depending on approval and document verification.
GST registration is mandatory only if the company crosses the prescribed turnover limit or falls under compulsory GST registration categories.
Major benefits include limited liability protection, separate legal identity, better credibility, easy funding opportunities, and perpetual existence.
Yes, the same individuals can act as both Directors and Shareholders in a Private Limited Company.
