Pvt Ltd Company Registration

Company registration is the first step toward giving your business a distinct legal identity and credibility in the market. Under the Companies Act, 2013, a registered company becomes a separate legal entity, independent from its owners or managers. It can own assets, enter into contracts, and operate in its own name, while providing limited liability protection to its shareholders.

Registering your company ensures compliance, builds investor confidence, and establishes a professional foundation for sustainable growth.

Why Register a Company?

By incorporating your business, you gain numerous advantages:

• Easier access to funding from banks, investors, and venture capitalists.
• Enhanced credibility with clients, vendors, and regulatory authorities.
• Limited liability protection ensuring your personal assets remain safe.
• Perpetual succession ensuring continuity despite ownership or management changes.
• Structured governance and compliance, which strengthens long-term stability.

Whether you are launching a new venture or restructuring an existing one, company registration helps your enterprise become legally recognised, professionally managed, and growth-ready.

What is a Private Limited Company (Pvt Ltd)?

A Private Limited Company is the most preferred business structure for startups and small to medium enterprises (SMEs) in India.

Key Features

• Limited Liability: Shareholders’ liability is limited to the unpaid amount on their shares.
• Minimum Requirements: At least 2 directors and 2 shareholders (one person can act as both; at least one must be a resident of India).
• Restricted Share Transfer: Shares cannot be freely transferred to the public.
• No Public Subscription: The company cannot invite the public to subscribe to its shares or debentures.
• Perpetual Succession: The company continues to exist irrespective of changes in ownership or management.

When is a Pvt Ltd the Right Choice?

Choose a Private Limited Company if:

• You plan to raise funds from angel investors or venture capitalists.
• You need credibility with enterprise clients, government tenders, or banks.
• You intend to scale your business with co-founders, ESOPs, or future investors.
• You prefer structured ownership through shareholding and transparent governance.

How to Incorporate a Private Limited Company

A) Preparation

1. Choose a Unique Name: Ensure it complies with MCA naming guidelines.
2. Define Business Objects: Clearly describe your business activities.
3. Decide Share Capital: Determine authorised and subscribed capital.
4. Select Directors: Collect ID and address proofs; ensure one resident director.
5. Registered Office: Provide ownership/lease/virtual office proof with consent.
6. Get Digital Signatures (DSC): Required for all signatories.

B) File Incorporation via MCA V3 (SPICe+)

SPICe+ is a single-window form that simplifies incorporation:

• Part A: Name reservation.
• Part B: Incorporation and linked registrations:
  • e-MoA (INC-33): Memorandum of Association.
  • e-AoA (INC-34): Articles of Association.
  • AGILE-PRO-S (INC-35): For GSTIN, EPFO, ESIC, Profession Tax (for select states), and bank account.
  • INC-9: Auto-generated declaration by subscribers and first directors.

Typical Attachments:

• PAN, Aadhaar (or Passport for foreign nationals), address proof, and photographs.
• Registered office proof (utility bill, NOC, or lease deed).
• Directors’ consent and specimen signatures.
• Sectoral approvals (if applicable).

C) After Incorporation

You’ll receive:

• Certificate of Incorporation (COI) with CIN (Corporate Identity Number).
• PAN & TAN, auto-generated with COI.
• Bank Account Opening (if opted via AGILE-PRO-S partner banks).

Immediate Post-Incorporation Tasks:

1. Open a current account and deposit subscription money.
2. File INC-20A (Commencement of Business) within the prescribed time.
3. Appoint the first auditor and file ADT-1.
4. Issue share certificates to subscribers and update statutory registers.
5. Hold the first board meeting to adopt key resolutions (bank mandate, register maintenance, etc.).
6. Ensure ongoing compliance — file AOC-4 (financials), MGT-7/MGT-7A (annual return), and event-based filings (DIR-12, PAS-3, SH-7, INC-22, CHG-1/4).

Benefits of Incorporating a Private Limited Company