Starting a Private Limited Company in India is a popular choice for startups and growing businesses. It gives you limited liability and looks good to investors when raising funds. Legalxcode makes the registration easy, so you can start your business on the right foot.
A Private Limited Company is a type of company structure where the business and owners are legally separate entities. This setup keeps your personal assets safe from business debts. Plus, a Pvt. Ltd. structure lets you share ownership with a few people. This makes it simpler to get investors on board without losing control of how things are run. Because it's registered under the Companies Act, 2013, it’s a good option if you want to expand your business while keeping risk low.
Shareholders are only liable for company debts up to the amount they have invested, safeguarding their personal assets.
A Pvt. Ltd. Company structure facilitates easier access to funding through venture capital, private equity, and bank loans, as investors are more inclined to invest in companies with a structured legal entity.
The company is a separate legal entity, capable of owning property, borrowing funds, and suing or being sued independently of its shareholders.
A Private Limited Company is seen as more reliable and stable by potential clients, partners, and financial institutions, giving the company a professional reputation.
The existence of a Pvt. Ltd. company is not affected by changes in ownership, ensuring business continuity.
Recognized as a separate legal entity with its own legal rights and obligations.
Shareholders can transfer shares, but only with the approval of other shareholders.
Subject to regular filings, annual compliance requirements, and disclosures, making it a reliable choice for transparent operations.
To register a online company registration in India with several legal and compliance requirements need to be met under the Companies Act, 2013. Here’s a step-by-step guide:
For a seamless registration process, ensure you have the following documents ready:
Our team at Legalxcode simplifies the process into 7 distinct steps to ensure timely registration and compliance:
After successful registration, there are a few ongoing compliance requirements to maintain a Pvt. Ltd. company:
Legalxcode provides comprehensive post-incorporation support to keep your company compliant with all regulatory requirements.
The private limited company registration process in India typically takes about 10-15 business days. The actual time may vary depending on government processing times, but our team works to expedite the application wherever possible.
The company registration cost in India (for a Private Limited Company) is usually between ₹6,000 to ₹12,000 if done through online platforms, and around ₹15,000 to ₹25,000 if done via CA/CS or full-service providers.
Yes, foreign nationals and Non-Resident Indians (NRIs) can be directors in a Pvt. Ltd. company. They must obtain a valid DIN and may require additional approvals for certain sectors.
On average, it takes 10-15 business days, depending on document readiness and government processing times.
Yes, Pvt. Ltd. companies are taxed at corporate rates as per the Income Tax Act, 1961, with various exemptions and deductions applicable based on business activities.
There is no minimum paid-up capital requirement, allowing businesses to register with any amount of initial capital.
A Private Limited Company (Pvt Ltd) is privately held and restricts the transfer of shares. It requires a minimum of 2 and a maximum of 200 shareholders. It cannot invite the public to subscribe to shares or debentures. On the other hand, a Limited Company (Public Limited Company) is publicly held and can offer its shares to the public via stock markets. It requires at least 7 shareholders and 3 directors.
Registering a Private Limited Company in India involves several steps. First, you must obtain Digital Signature Certificates (DSC) for all proposed directors, followed by applying for Director Identification Numbers (DIN). Then, the company name must be reserved using the RUN (Reserve Unique Name) service. After that, incorporation documents such as the Memorandum of Association (MOA) and Articles of Association (AOA) must be filed along with the SPICe+ form on the MCA (Ministry of Corporate Affairs) portal. Once approved, the Certificate of Incorporation is issued. Finally, you can apply for the company’s PAN and TAN and open a bank account in the company’s name.
Legalxcode provides end-to-end support for registering your Private Limited Company. Our process starts with a free consultation and company name availability check. We then help collect and verify the necessary documents, prepare the incorporation application, and file it with the MCA. We track the progress and ensure timely delivery of your Certificate of Incorporation, PAN, and TAN. With expert CA support and a simplified process, you can start your business the right way, with full legal compliance.
There are several ways to close a Private Limited Company, depending on its status. If the company has been inactive for two or more years, it can apply for voluntary strike-off through Form STK-2. Companies that have not commenced business and have no liabilities may opt for the Fast Track Exit (FTE) route. In cases of insolvency, fraud, or legal issues, the company may be ordered for compulsory winding up by the National Company Law Tribunal (NCLT). Legalxcode offers professional assistance to guide you through the closure process smoothly and in compliance with government norms.
Yes, a registered office address is mandatory for incorporation, although it can be changed later by notifying the MCA.
Register Your Private Limited Company Today.