A Private Limited Company is the most popular structure for startups that plan to raise funding, because investors and government schemes prefer it. It offers limited liability, a separate legal identity and easy equity issuance.
Requirements to Register a Pvt Ltd Company
- Minimum 2 directors and 2 shareholders (can be the same people); at least one director must be an Indian resident.
- A unique company name that isn’t identical to an existing company or trademark.
- A registered office address in India.
- Digital Signature Certificates (DSC) for directors and a DIN (allotted in the process).
Documents Required
- PAN and Aadhaar of all directors/shareholders
- Passport-size photos
- Address proof (bank statement / utility bill, recent)
- Registered office proof (rent agreement + NOC, or ownership proof) and a utility bill
The SPICe+ Registration Process
- Apply for DSC for all proposed directors.
- Reserve the company name using SPICe+ Part A (RUN).
- File SPICe+ Part B with company details, capital and directors.
- File linked forms: eMoA (INC-33), eAoA (INC-34), AGILE-PRO (GST, EPFO, ESIC, bank account, profession tax where applicable).
- Submit with DSC; the MCA issues the Certificate of Incorporation with CIN, PAN and TAN.
Timeline & Costs
Most incorporations complete in 7–15 working days. Costs include government fees, stamp duty (varies by state and capital), DSC charges and professional fees. Service fees vary, which is why a transparent, fixed-price package helps you avoid surprises.
What to Do After Incorporation
- Open a current bank account in the company’s name.
- Get DPIIT recognition if you’re a startup.
- Register for GST if applicable.
- Maintain statutory registers and plan for ROC annual compliance.
Frequently Asked Questions
Can a single person start a company? Yes — through a One Person Company (OPC), though it has some restrictions compared to a Pvt Ltd.
Is there a minimum capital? No mandatory minimum paid-up capital; you can start small.
This guide is for general information only. Government scheme rules, fees and timelines change from time to time — verify the latest on the official portal or talk to a Consovia advisor before applying.