How to Register Private Limited Company In India

A Private Limited Company is the most common form of an organization.

It is the most popular as it is a widely recognized form of organization and caters to the needs of the smallest organization to the biggest regarding volume, profits, complexity, etc.

To get the status of a Private Limited Company, there are initial questions to be answered.
Who are the minimum two directors?
What will be the capital to be brought into the Company?

Once these are sorted, then the next step is to file for registration with the Ministry of Company Affairs (MCA), for which we will need a Chartered Accountant/ Company Secretary to sign your registration document.
As of today, MCA has consolidated Company registration, PAN and TAN application.

The fees by the CA/CS for the same ranges from Rs. 15,000 to Rs.20,000.

Documents required:
1. Proof of ID - Voters Identity Card/ Passport/ Driving License.
2. Address proof - Bank / Electricity Bill/ Telephone bill/ Mobile bill not older than two months
3. Declaration by both directors (Format attached DIR 2 and INC 9)
4. Proof of office address (Purchase deed/ Rent deed etc.)
5. NOC from the owner
6. Copy of any utility bill (not older than two months)

Along with this form, you will also require a Digital Signature, which can be obtained from Government agents to sign the form SPICe.

MCA usually responds to the application within 2-3 working days with an approval letter and a mail for resubmission in case any details are missing in the application.

PAN and TAN are allotted along with Incorporation certificate. PAN card gets delivered at the provided office address within 30 days.

The entire registration process takes around 10 working days, including application for DSC.

About Author:

Shreya from Shreya Agarwal & Associates, a chartered accountant having 5 years experience in one of the Big4 and now have started CA practice in May 2017.  Please reach out to Shreya at shreyaagarwalassociates@gmail.com.

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