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Private Limited Company Registration

A Private Limited Company is a privately maintained small business existence, which is one of the highly recommended means to start a business in India.

The Companies Act 2013 governs private limited company registration in India. While, minimum 2 shareholders are required to start a private company, while the higher limit of members are 200 as per the Companies Act, 2013. If a private limited company faces financial risk, its shareholders are not subject to sell their personal assets, i.e. they ought to have limited liability.

For online company registration, there must be a least of 2 directors while maximum 15 directors can be appointed in a company. Proposed director must have attained age of 18 years. A foreign national can also become a director of private limited company in India.

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Documents Required for Private Limited Company Registration

Photograph

Latest Passport size Color photograph of all the promoters (Shareholders and Directors)

Pan Card

PAN Card of all shareholders and Directors. Foreign nationals must provide a valid passport.

Identity Proof

Any of the following ID: Passport, Voter ID/Driving License of Shareholders and Directors.

Address Proof

Latest Bank Statement/Telephone Bill/Electricity or Gas Bill/Water Bill of Shareholders and Directors

Registered office Proof

Latest & Clear Telephone Bill/Electricity Bill/ /Water/Gas Bill of the registered office address

NOC from owner

No Objection Certificate from owner(s) of the premises of registered office.

Requirements for Private Limited Company Registration

Address proof of All directors (Bank Statement or Telephone Bill or Eb card)

ID proof of all the Directors (Voter ID or Driving License)

Two shareholders to subscribe the MOA of Company​

Registered Address of the proposed company

Requirements for Private Limited Company Registration

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Process & Timeline for Private Limited Company Registration

Step 1

Digital Signature Of Director

It is Mandatory to obtain DSC to become a Director In a Private Limited Company.

The DSC is important as all the Documents before submission are required to be digitally signed.

Step 2

Apply for Director Identification Number (DIN)

Director Identification Number is a unique eight digit number issued by the Ministry of Corporate Affairs to applicants on whose name the application is produced, which permits the individual to be a Director in the Company

Step 3

Name Approval and Reservation

The name of the company should be unique and an application is to be made for approval from the Ministry of Corporate Affairs. Up to 2 names can be provided. In case of rejection, an opportunity is given to the applicant for re-submission of the form with 2 more names.The Name Provided must be as per the rule 8 of  Company registration act,2013.

Step 4

Preparation of Spice+ E-form

This Step involves the Drafting of MOA & AOA. These are drafted under INC-33 &  INC-34 respectively.

If required we can file for ESI,PF,GST at same time under the form AGILE.

Step 5

Incorporation of a private Limited

For the Incorporation of a Private Limited company,the incorporation forms INC-33,INC-34,AGILE are uploaded with spice form INC-32.

These are to be filed with Register of Companies of the Respective State in which the register office of the company is Located.

Step 6

Approval of the Private Limited Documents

Once the Spice form INC-32 is approved, the Register of Companies provides the Certificate of Incorporation along with CIN(Company Identification Number) number, PAN and TAN of the Company.

Step 7

Current account Opening

Kanakkiyal.com will help you in opening a zero balance current bank account digitally through our platform.

Frequently Asked Questions​

Director Identification Number is a unique number issued by the Ministry of Corporate Affairs to applicants on whose name the application is produced, which permits the individual to be a Director in the Company.

The director identification number is a unique identifier assigned to the director by the ROC operating under the ministry of corporate affairs. The DIN is a permanent number and is allotted during the course of processing the spice form before the generation of the company registration certificate.

A private limited company in India can be started with any amount of capital there is no such minimum limit.

Yes, Foreign National can become Directors of a Private Limited Company. Importantly at least one Director  of the company should be an Indian Resident.

It will take around 7 to 15  working Days.

What are the documents on which the director signature is required for company registration?

For Private Limited Company Formation, there are several government forms in which we shall prepare for the signature of the first directors and the subscribers of memorandum and articles of the company.

  • DIR-2, Consent from all the director DIR-2, Consent from all the director download DIR-2 word | Create Online Create Online Dir DIR-2
  • Declaration of Promoter – Non-Deposit Download Declaration of Promoter Non-Deposit Pdf download Declaration of Promoter Non-Deposit Word | Create Online Create Declaration of Promoter
  • Declaration of Promoter INC-9 A Declaration under Companies Act 2013
  • Subscriber Sheet of MOA & AOA
Yes, a small can be converted into a private limited company in India. To know more get in touch with us Kanakkiyal.com
A person who is a citizen of India and has attained 18 years of age can become a director in a private limited company.

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