Private Limited Company Registration - Overview
📌 TL;DR - Private Limited Company Registration Services at a Glance
Private limited company registration is the process of incorporating a business entity under Section 2(68) of the Companies Act, 2013. It requires minimum 2 directors (1 Indian resident), 2 shareholders, and no minimum capital. File SPICe+ form on MCA portal to receive Certificate of Incorporation with CIN, PAN, and TAN in 7-10 working days.
Private limited company registration is the most preferred business structure for startups and growing businesses in India. Defined under Section 2(68) of the Companies Act, 2013, a private limited company provides limited liability protection, separate legal identity, and perpetual succession - making it the ideal vehicle for raising venture capital, angel investment, and FDI (allowed up to 100% through automatic route in most sectors). With over 15 lakh active private companies registered with the Ministry of Corporate Affairs, this structure combines operational flexibility with corporate credibility.
| Parameter | Details |
|---|---|
| Governing Law | Companies Act, 2013 - Section 2(68), Chapter II |
| Minimum Directors | 2 (at least 1 must be resident in India under Section 149) |
| Minimum Shareholders | 2 (directors can also be shareholders) |
| Maximum Members | 200 (excluding current/former employees who are members) |
| Minimum Capital | No minimum prescribed (Companies Amendment Act, 2015) |
| Registration Form | SPICe+ (INC-32) on MCA portal - includes PAN, TAN, GSTIN, EPFO, ESIC |
| Timeline | 7-10 working days from complete submission to COI |
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