private limited company

Business & Firm Formation

Private Limited Company Registration

Are you ready to scale your startup, attract venture capital, or build a brand with national credibility? A Private Limited Company (Pvt Ltd) is India’s most popular and prestigious business structure. It offers founders the ultimate safety net: limited liability protection, meaning your personal assets are completely shielded from business risks.

At The Online Tax, we handle the entire incorporation process through the Ministry of Corporate Affairs (MCA). From securing your company name and obtaining Digital Signature Certificates (DSC) to drafting your MoA/AoA and delivering your Certificate of Incorporation, our CAs make company formation a completely paperless, stress-free experience.

Private Limited Company Registration Services

WHY CHOOSE PVT LTD?

The Ultimate Growth Structure

While sole proprietorships are easy to start, they lack legal protection. A Private Limited Company transforms your business into a legally independent entity.

Unmatched Benefits:

  • Limited Liability: If the business incurs heavy losses or debts, your personal bank accounts, house, and car cannot be seized to pay them.
  • Funding & Investors: Angel investors and VC firms heavily prefer investing in Pvt Ltd companies because they can easily be issued equity shares.
  • Separate Legal Entity: The company can buy property, file lawsuits, and enter into contracts under its own name, completely independent of the founders.
  • Continuous Existence: The company lives on forever (perpetual succession) even if the directors retire, resign, or pass away.

Minimum Requirements:

  • Two Directors: You need a minimum of 2 directors (maximum 15). At least one director must be a resident of India.
  • Two Shareholders: You need a minimum of 2 shareholders (maximum 200). Note: Directors and shareholders can be the same people.
  • No Minimum Capital: The government has abolished the minimum paid-up capital rule. You can legally start a company with just ₹1,000.
  • Registered Office: A valid commercial or residential address in India to serve as the official company headquarters.
Documents Required for Company Incorporation

DOCUMENTATION

What Founders Need to Provide

The MCA’s SPICe+ (Simplified Proforma for Incorporating Company Electronically) process is 100% online. We just need soft copies of the following documents to file your application.

Director KYC (Identity)

PAN Card (mandatory for Indians) and Aadhaar Card / Passport / Voter ID for all proposed directors.

Director KYC (Address)

Latest personal Bank Statement, Electricity Bill, or Mobile Bill (not older than 2 months) showing the director's residential address.

Registered Office Proof

The latest Electricity or Gas Bill for the office premise. If rented, a Rent Agreement and an NOC from the property owner.

Passport Size Photos

Recent passport-size photographs of all directors and shareholders to attach to the Digital Signature application.

CLARIFICATIONS

Frequently Asked Questions

Common doubts about the MCA incorporation process and post-registration compliance.

The entire process typically takes 7 to 14 working days. This includes applying for DSCs, getting name approval through the RUN/SPICe+ system, drafting the MoA/AoA, and waiting for the final Certificate of Incorporation from the RoC (Registrar of Companies).

No, absolutely not. The Ministry of Corporate Affairs has made the company registration process 100% online. You simply share the required documents digitally, and we process the e-forms using your Digital Signature Certificates (DSC).

Yes. NRIs and foreign nationals can easily become directors and shareholders of an Indian Private Limited Company. However, according to the Companies Act, at least one director must be an Indian Resident (meaning they have stayed in India for a minimum of 182 days in the previous calendar year).

Once you receive your Certificate of Incorporation, you will also automatically receive your company's PAN and TAN. The next immediate steps are: opening a current bank account in the company's name, depositing the initial share capital, and filing the "Commencement of Business" (Form INC-20A) within 180 days.

Yes. Unlike sole proprietorships or standard partnerships, every Private Limited Company must appoint a statutory auditor (a practicing Chartered Accountant) within 30 days of incorporation. A statutory audit is mandatory every year, even if your company has zero turnover or suffered a loss.