Private Limited Company Registration in India | Easy Online Process

Private Limited Company (Pvt Ltd)

A private limited company is a privately held business entity owned by a group of individuals. The liability of the members in a Pvt Ltd company is limited to the number of shares held by them, restricting the ability to transfer their shares. A pvt limited company is required to have a minimum of 2 members and a maximum of 200 members. It must comply with various regulatory requirements, including filing annual returns and financial statements with the appropriate authorities.

This structure is particularly favored by small and medium-sized entities seeking to limit liability while maintaining control over ownership and operations. A private ltd or pvt limited company is the ideal choice for businesses aiming to balance growth, control, and credibility.

Benefits of a Private Limited Company

1. Separate Legal Entity
   A Pvt Ltd company operates as a separate legal entity from its owners, allowing it to own assets, enter into contracts, and incur obligations in its name.

2. Credibility and Professionalism
   A private limited company or pvt limited company lends credibility and professionalism to your business. Registered private limited companies are viewed as more stable and reliable by clients, suppliers, and investors. This trust can lead to better business opportunities, easier access to credit, and more favorable supplier terms.

3. Tax Advantages
   Operating as a pvt limited company offers significant tax benefits. Unlike sole traders who face income tax rates between 20% and 45%, a private ltd company typically pays a maximum of 25% Corporation Tax on its profits.

Registration Process for a Pvt Ltd Company

Step 1: Acquire a Digital Signature Certificate (DSC)

Every director and shareholder must obtain a Digital Signature Certificate (DSC) from a Controller of Certification Agencies (CCA). Required documents include passport-sized photos, PAN, Aadhar Card, phone number, and email address. Foreign nationals must provide notarized and apostilled documents where applicable.

Step 2: Obtain a Director Identification Number (DIN)

The Director Identification Number (DIN) is mandatory for company directors and must be included in the registration application.

Step 3: Name Reservation (SPICe+ Part A)

Submit the SPICe+ Part A form to reserve a unique company name. This includes choosing the company type, class, category, and sub-category, specifying the industrial activity, and providing two name options for approval.

Step 4: Submit Company Details (SPICe+ Part B)

Provide details about the company’s capital, registered office address, subscribers, directors, stamp duty, PAN, TAN applications, and relevant attachments.

Step 5: Prepare and Submit Incorporation Documents (SPICe+ MOA and AOA)

Draft the Memorandum of Association (MOA) and Articles of Association (AOA). Obtain digital signatures from subscribers and professionals before submitting these documents to the Ministry of Corporate Affairs (MCA) for approval.

Document Checklist for Private Limited Company Registration

• For Indian Nationals: Self-attested PAN card copy, passport-sized photos, Aadhar Card, proof of identity, and address proof.
• For Foreign Nationals: Notarized passport-sized photos, passport, and address proof.
• Registered Office Documents: Proof of business address, rent agreement (if applicable), and owner’s no-objection certificate.

Why Choose YKG Global for Pvt Ltd Company Registration?

1. Expert Consultation
   Our team of experts provides personalized advice to guide you through every step of the private ltd company registration process.

2. Transparent Pricing
   We offer competitive pricing with no hidden charges, ensuring you get value for your money when setting up a pvt limited company.

3. Fast and Hassle-Free Process
   With streamlined processes, we guarantee the smooth and timely registration of your pvt ltd company