Private Limited Company (PLC) is one of the most popular business structures in India, offering limited liability, separate legal entity status, and ease of raising capital. Governed by the Companies Act, 2013, it’s ideal for startups, SMEs, and businesses aiming for growth with professional management. With a PLC, your personal assets are protected, and the business enjoys credibility with banks, investors, and customers.
Why Choose a Private Limited Company?
A Private Limited Company (Pvt Ltd) is ideal for startups and SMEs seeking growth, credibility, and compliance in India’s dynamic business ecosystem.
Defined under Section 2(68) of the Companies Act, 2013: Restricted share transfers, up to 200 members, no public securities subscription.
Governed by the Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC).
Offers separate legal entity status, limited liability, and perpetual succession.
Companies Act, 2013 (Section 2(68)): Outlines Pvt Ltd structure and restrictions.
Companies (Amendment) Act, 2015: Removed minimum paid-up capital requirement.
SPICe+ Form: Streamlines incorporation, PAN, TAN, EPFO, ESIC, and optional GST registration.
Types of Private Limited Company (Pvt)
Choosing the right type of private limited company is essential for legal protection, financial planning, and operational flexibility. In India, private companies are categorized based on member liability and capital structure. Below are the three key types:
Benefits of Pvt Ltd Registration
Discover why a Private Limited Company is the go-to structure for ambitious businesses.
Separate legal entity, independent of shareholders.
Limited liability restricts shareholder risk to shareholding.
Perpetual succession ensures business continuity.
Eligible for venture capital and private equity investments.
High credibility with banks, investors, and customers.
Flexible share transfer, subject to restrictions.
Access to corporate tax deductions and incentives.
Structured governance under the Companies Act, 2013.
Ready to Launch Your Pvt Ltd Company?
Secure limited liability, funding eligibility, & expert support. No minimum capital required.
Essential Documents for Registration
The documents required for Private Limited Company registration in India serve to validate the identity, address, and authority of the directors and shareholders, as mandated by the Ministry of Corporate Affairs (MCA) under the Companies Act.
For Indian Nationals
Identity Proof: PAN Card (mandatory), Passport, Aadhar Card, Voter ID, or Driver’s License
Address Proof: Recent Utility Bills or Bank Statements (not older than 2 months)
For Foreign Nationals
Identity Proof: Passport (mandatory)
Address Proof: Driver’s License, Bank Statement, or Residence Card
For Corporate Shareholders
Board Resolution: Signed resolution authorizing investment in the new company
Incorporation Certificate: Legal proof of registration of the investing company
Registered Office Proof
Utility Bill: Recent Electricity Bill or Property Tax Receipt (within 30 days)
Rent Agreement or NOC: Rental Agreement and No Objection Certificate from the property owner
Memorandum of Association (MoA): Defines the company’s business objectives
Articles of Association (AoA): Lays out internal governance rules
Declaration and Consent Forms: Includes Form INC-9 and DIR-2, confirming compliance and director consent
Digital Signature Certificate (DSC): Required for all proposed directors for online filing
Director Identification Number (DIN): Mandatory unique number for each director
Common for All
Photographs: Passport-size photos of all directors and shareholders
Pvt Ltd vs Other Business Structures
Understand how a Private Limited Company compares to alternatives.
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