Private Limited Company is the most trusted and visible business structure in India. A Private Limited Company in India is registered under the Companies Act 2013 with limited liability. Company Registration is regulated by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA), Registrar of Companies, and is processed at the Central Registration Centre (CRC).
Today, company registration process and other regulatory filings are paperless; documents are filed electronically through the MCA website and are processed at the Central Registration Centre (CRC).
Company Registration process is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.
Incorporating a company is a systematic process of collection and submission of details required as per the requirements of Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time. Management of the process requires in-depth knowledge of legal requirements and not to mention, practical experience of the same.
Pvt Ltd Company and LLP both are limited liability structures. However, companies offer certain key advantages, especially for startups. Ownership of the company is defined by share capital, which is easy to transfer compared to ownership transfer in LLP. Also, it clearly differentiates management and ownership. Hence, it is preferred by VCs, angel investors and banks for providing debt or equity funding.
However, one should also consider higher compliance and mandatory audit requirement, making it an expensive structure to maintain.
The process of company registration in India is revamped by MCA, effective from 26th January 2018. Now, registration of the company can be completed within 12 – 20 business days. BookMyTM employs qualified company secretaries and chartered accountants, who ensure highest customer satisfaction and timely delivery of service.
Private Limited Company registration process is stringent enough to make this structure credible among others which make fundraising or borrowing from external sources easier. The organization itself provides a number of ways to raise funds in the form of private equity, ESOP, and more.
Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.
The company’s obligation or debts of does not create a charge over the owner’s personal assets. Their liability stays limited only to the capital subscribed and unpaid by them.
The separate ownership and management help both – the company and the management to focus on their potential works. The shareholders assign responsibility to operate and run the company without losing control in the form of voting.
Identification plays an important role in making a business out stand in competitive market, build a unique and distinctive name for your business hence enhance your brand’s trust and value. Consumers should identify activity of your business from the brand name so that they can relate your business with its offerings.
Even though it meets all the above criteria, once again make sure that the brand name to be short, easy to remember and simple to pronounce or spell.
Name of the company must end with “Private Limited” (Pvt.Ltd) as a suffix
Fill up the registration form
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Your Private Limited Company is incorporated.
A DIN is an identification number issued by the Ministry of Corporate Affairs, Government of India, to directors of a company or designated partners of an LLP.
A new DIN is allotted to a director/designated partner during company or LLP registration. An organization can also apply for a DIN for a proposed director/designated partner.
Minimum of 2 shareholders and 2 directors are required.
Shareholders can be individuals, companies, or LLPs, but only individuals can be directors.
The MOA is the charter document of a company, containing key details such as the company name, registered office state, objectives, and authorized capital. It must be subscribed in handwriting by initial promoters, including witness signature.
The AOA outlines the rules and regulations governing a company’s internal affairs and business conduct, defines relationships between members/directors, and includes transfer restrictions for private limited companies. It must also be handwritten by initial promoters with witness signature.
Authorized capital is the maximum share capital a company can issue. Paid-up capital is the amount actually raised through share issuance. A company can register with any paid-up capital amount up to the authorized limit.
Yes—if multiple activities are mentioned in the MOA and approved by the registrar. However, unrelated activities (e.g., fashion design and construction) cannot be registered under the same company.
Yes, subject to FDI guidelines. But if foreign participation exceeds 50%, the company may be classified as a Foreign Company. Also, promoters need not be physically present for online registration—all forms are filed online and signed digitally.
Within priority:
Open a current bank account within 30 days of receiving PAN
Appoint a statutory auditor
Deposit paid-up capital as declared
Issue and allot shares
Each financial year must include:
One Annual General Meeting (AGM)
At least four board meetings (one per quarter)
Audited financial statements by an independent auditor
Filing of forms AOC‑4 and MGT‑7 within stipulated deadlines