Private Limited Company
From Idea to Incorporation – We Make It Simple.
Private Limited Company Registration in India
A Private Limited Company (Pvt. Ltd.) is the most popular business structure in India for startups and growing businesses. It offers limited liability, separate legal identity, and ease of raising capital — making it ideal for entrepreneurs looking for investment and professional credibility.
📌 What is a Private Limited Company (Pvt. Ltd.)?
A Private Limited Company is a type of company incorporated under the Companies Act, 2013. It is privately held by a small group of individuals and restricts the right to transfer its shares. This structure ensures the company remains closely controlled while enjoying corporate benefits like limited liability and perpetual succession.
Comparison with Other Types of Companies
| Feature | Pvt. Ltd. Company | LLP | Sole Proprietorship | OPC (One Person Company) |
|---|---|---|---|---|
| Legal Status | Separate Legal Entity | Separate Legal Entity | Not a separate entity | Separate Legal Entity |
| Limited Liability | Yes | Yes | No | Yes |
| Minimum Number of Members | 2 | 2 | 1 | 1 |
| Maximum Number of Members | 200 | No Limit | 1 | 1 |
| Ideal For | Startups, Investors | Professionals, SMEs | Small Traders | Single Entrepreneurs |
| Fundraising Capability | High | Moderate | Low | Moderate |
📄 Documents Required for Pvt. Ltd. Registration
For Directors/Shareholders:
• PAN Card (Mandatory)
• Aadhaar Card / Passport / Voter ID / Driver’s License
• Address Proof (Bank Statement / Utility Bill not older than 2 months)
• Passport-sized Photograph
For Registered Office:
• Rent Agreement (if rented)
• NOC from the owner
• Utility Bill (Electricity, Water, Gas – not older than 2 months)
Minimum Requirements for Pvt. Ltd. Registration
• Minimum 2 Directors (at least one must be a resident of India)
• Minimum 2 Shareholders (can be the same as directors)
• Registered Office Address in India
• Digital Signature Certificate (DSC) for all directors
• Director Identification Number (DIN)
🧾 What You Get After Registration
• Certificate of Incorporation (COI)
• PAN & TAN of the Company
• Digital Signature Certificates (DSC)
• Director Identification Numbers (DIN)
• Memorandum of Association (MOA) & Articles of Association (AOA)
• Company Master Data on MCA Portal
• Bank Account Opening Assistance
• First Board Resolution Format
• Statutory Compliance Guidance (optional add-ons)
Other Services
Whytax brings together a team of industry-leading Sydney accountants, tax and business advisory professionals to help both local and our international clients achieve financial and business success.
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Outsourcing your business accounting can save you time, money, and resources. We offer a range of accounting services, including bookkeeping, financial reporting, and payroll processing - all tailored to your specific business needs.
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FAQ on Pvt. Ltd. Company Registration
Q1. How long does it take to register a Pvt. Ltd. Company?
It typically takes 7–10 working days, subject to document verification and approval from MCA.
Q2. Can a foreign national become a director?
Yes, a foreign national can be a director, but one director must be a resident Indian.
Q3. What is the minimum capital required?
There is no minimum capital requirement. You can start with as low as ₹1.
Q4. Is a physical office required?
Yes, a registered office address is mandatory. It can be a commercial or residential place.
Q5. Can I convert my Pvt. Ltd. Company to LLP or Public Company later?
Yes, conversion is possible under the Companies Act, subject to compliance and approval.
Q6. Can an existing business be converted into a Pvt. Ltd. Company?
Yes, businesses such as sole proprietorships or partnerships can be converted into a Pvt. Ltd. Company, following the provisions of the Companies Act.
Q7. What post-incorporation compliances are required?
• Open a current bank account
• Appointment of an auditor within 30 days
• Filing of annual returns and financial statements
• Maintain statutory registers
• Hold board and general meetings
• File Income Tax Return and other tax compliances (GST, TDS, etc.)
