Private Limited Company Registration

Starting your own business has to be the most astonishing pursuit for an entrepreneur. Nevertheless, one should have the legal framework in place before starting the launch of their dream. Private Limited Company Registration is best suited and most popularly regarded among all business structure types in India for start-ups and growing enterprises, providing both legal recognition along with much-needed credibility, protection from liability arising from the business, and further facilitation of funding opportunities.

This elaborate guide is to indicate Pvt Ltd company registration in India by Lawgical India—what it means, processes, benefits, compliance requirements, etc.

A private limited company is a type of business entity that is registered under the Companies Act, 2013. It is privately held and restricts liability for its shareholders to the extent of their shares. That is to say, if in any instance the company incurs losses, then their personal assets are safe from the company.

It should have a minimum of 2 directors and 2 shareholders who may have up to 200 members. It should also end with the suffix private limited.

This is the best type of business for small to mid-sized companies in search of credibility, scalability, and limited liability protection.

1. Obtain Digital Signature Certificate (DSC)

All directors and shareholders must obtain a digital signature certificate in order to sign electronic documents electronically during the registration process.

2. Make an application and obtain a DIN.

Next, that includes obtaining the DIN for all directors through the SPICe+ form on the MCA portal.

3. Approval of Name

Choose a distinctive name for your private limited company, as the name submitted conforms to the MCA regulations. You may apply through the RUN (Reserve Unique Name) service or within the SPICe+ form itself.

4. Preparation of Incorporation Documents

Draft essential papers such as

• Memorandum of Association (MOA)
• Articles of Association (AOA)
• Consent from Directors and Shareholders

5. File SPICe+ Form

The SPICe+ form integrates multiple services in one simplified process.

6. Certificate of Incorporation

Thereafter, the Registrar of Companies (ROC) shall issue the Certificate of Incorporation, which will mark the birth of the company.

7. Apply for PAN, TAN, and Bank Account

There you have it; now you can go ahead and prove that the company exists as a separate legal entity from the owners or shareholders; upon incorporation, you will automatically obtain the PAN and TAN. Subsequently, you can open a current bank account in the company's name and start business operations.

The following documents are necessary when go for a pvt ltd company registration:

• PAN and Aadhaar of all directors and shareholders.
• In any identity proof such as a passport/voter ID/driving license.
• Any address proof, like a recent utility bill or a bank statement.
• Passport-size photograph.
• Proof of registered office (rental agreement/ownership documents).
• NOC from the property owner.

Once all of the above documents are gathered, the registration will be a hassle-free task.

Keeping the Pvt Ltd Company compliant post-registration would avoid penalties and ensure its sustainability.

The main compliance requirements are:

• Appointment of an auditor within 30 days of incorporation
• Board meetings, AGM
• Filing Annual Returns, Financial Statements with MCA
• Income Tax Returns on regular basis
• Maintenance of statutory registers and records

This assures compliance, builds investor confidence, and secures long-term sustainability.

It depends on professional fees and government fees. It would mostly be in the range of Rs 6,000-15,000 altogether.

It depends on professional fees and government fees. It would mostly be in the range of Rs 6,000-15,000 altogether.

Why Lawgical India for Pvt Ltd Company Registration?

Lawgical India wants, as much as possible, to present a light approach to the dreaded legal process of Private Limited Company Registration. Thus, Lawgical India assures its experienced professionals that from the very beginning, setting up your enterprise would be a very stress-free process, legally complying at every step with the support being provided fully online with no hidden charges.

What you benefit from Lawgical India:

• Complete documentation assistance
• Professional advice on name approval and compliance
• Affordable packages without hidden charges
• Entirely online and free from hassles

Once these legalities are all taken care of by our experts, Lawgical India gives the entrepreneurs room to grow their businesses.