What is Private Limited Company?
Private Limited Company registration is the legal process of incorporating a business under the Companies Act, 2013 through the Ministry of Corporate Affairs (MCA) using the SPICe+ form. Once incorporated, the business becomes a separate legal entity from its shareholders, providing limited liability protection and a formal structure for ownership, operations, investment, and long-term growth.
why Registering a Private Limited Company is important
A Private Limited Company is a privately held business structure that can have 2 to 200 shareholders. Share transfers are restricted, and the company cannot invite the public to subscribe to its shares or debentures. These features provide a structured ownership model while keeping the company separate from its shareholders.
Who needs this?
Private Limited Company registration is suitable for founders and businesses looking for a structured, professionally organised business entity with limited liability and scope for future growth.
Benefits of Register a Private Limited Company
Understand the key benefits of Register a Private Limited Company and how it can help you move forward with confidence.
Limited Liability
Shareholders generally have limited personal liability for the company's obligations.
Separate Legal Entity
The company has a legal identity separate from its shareholders and manages its own assets, liabilities, and obligations.
Business Continuity
The company continues to exist even when shareholders or ownership arrangements change.
Funding & Investment
A Private Limited Company provides a formal structure for raising funds through equity or debt and can support eligible foreign investment.
Professional Business Structure
A formal company structure can help organise ownership, operations, governance, and long-term business growth.
Documents required for GST Registration
Select a category to see what you need to keep ready. We'll help you with the rest.
Directors & Shareholders
8 items
PAN Card
RequiredMandatory identity proof for Indian directors and shareholders.
Passport
Choose any 1Accepted as identity proof where applicable.
Voter ID
Choose any 1Accepted as identity proof.
Driving Licence
Choose any 1Accepted as identity proof.
Aadhaar Card
Choose any 1Recent residential address proof for directors and shareholders.
Latest Utility Bill
Choose any 1Electricity, water, or gas bill may be used as address proof.
Recent Bank Statement
Choose any 1Can be submitted as recent address proof.
Passport-size Photograph
RequiredRecent photographs of all proposed directors.
Missing a document?
Simple process handled with clarity.
A straightforward process for completing your your service with the right guidance at every step.
- 01
Choose Your Company Name
Step 1Select a suitable and compliant company name and prepare the required business information for name approval.
- 02
Get Digital Signatures
Step 2Obtain Digital Signature Certificates for the proposed directors so the required MCA forms can be signed electronically.
- 03
Prepare MOA & AOA
Step 3Prepare the Memorandum of Association and Articles of Association based on the company's business activities and ownership structure.
- 04
File the SPICe+ Application
Step 4Submit the incorporation application and supporting documents through the MCA system and complete the required filings.
- 05
Get Your Company Incorporated
Step 5Once the application is approved, receive the Certificate of Incorporation along with the applicable company registration details.
Need help with the process?
Our team can guide you from document collection to completion.
Why choose BIA for this service?
Expert Guidance
Get clear guidance from professionals who understand the process.
Handled Correctly
We check your documents and process the application carefully.
Clear Communication
Know what is happening at every stage without confusing paperwork.
Timely Support
We keep your application moving and help you avoid unnecessary delays.
Frequently Asked Questions
Answers to common questions about this service
What is a Private Limited Company?
A Private Limited Company is a separate legal entity registered under the Companies Act, 2013. It provides limited liability to shareholders and is commonly used by startups, small businesses, and growing companies.
How many directors are required to register a Private Limited Company?
A minimum of two directors is required. At least one director must be a resident Indian.
How many shareholders can a Private Limited Company have?
A Private Limited Company can have a minimum of two shareholders and a maximum of 200 shareholders, subject to the applicable provisions of the Companies Act.
Can directors and shareholders be the same people?
Yes. The directors and shareholders can be the same individuals or different individuals.
What documents are required for Private Limited Company registration?
Common requirements include identity and address proof of directors and shareholders, registered office proof, photographs, MOA, AOA, director declarations and consent, Digital Signature Certificates, company name details, and shareholding information.
How long does Private Limited Company registration take?
The reference material states that registration usually takes around 7–10 working days, depending on document preparation and MCA approval. Delays can occur because of incomplete documents, name approval issues, technical issues, response time, or jurisdictional factors.
Is there a minimum capital requirement for a Private Limited Company?
The reference material states that there is no minimum capital requirement for incorporation. It also notes that a company must have at least two shareholders, with each shareholder holding at least one share.
What is a Corporate Identification Number (CIN)?
A Corporate Identification Number, or CIN, is a unique identification number assigned to a company after registration with the Registrar of Companies. It contains information related to the company's registration and structure.
Can a Private Limited Company raise funds?
Yes. A Private Limited Company can raise funds through equity and debt and may receive foreign direct investment where permitted by applicable regulations.
What needs to be done after company incorporation?
Post-incorporation requirements can include holding board meetings, conducting the annual general meeting, appointing an auditor, maintaining statutory registers, issuing share certificates, filing annual returns, completing director KYC, and meeting applicable income tax and GST requirements.
Is GST registration mandatory for a Private Limited Company?
GST registration is not automatically required for every company solely because it is incorporated as a Private Limited Company. The requirement depends on the company's activities and the applicable GST rules.
Can a Private Limited Company be closed later?
Yes. A Private Limited Company can be closed or wound up through the applicable legal and regulatory process when the business no longer needs to continue.