Right plan for Your Business
Customised plans to suit your business needs.Smart Plan
₹1499 0% off
₹1,499
+ Govt. FeeWhat you’ll get
- Initial Consultation
- Name Approval
- DSC Assisstance upto 2 Directors
- SPICe+ form
- Directors Identification Number upto 2 Directors
- Incorporation Certificate
- Company PAN & TAN
Pro Plan
₹2499 0% off
₹2,499
+ Govt. FeeWhat you’ll get
- Initial Consultation
- Name Approval
- SPICe+ form
- Directors Identification Number upto 2 Directors
- Incorporation Certificate
- Company PAN & TAN
- Dedicated Business Account Manager
- DSC Assisstance with Token
- Digital Welcome Kit after Company Incorporation
- Post Incorporation Consultancy
Premium Plan
Everything within 7 working days
₹7999 0% off
₹7,999
+ Govt. FeeWhat you’ll get
- Initial Consultation
- Name Approval
- SPICe+ form
- Incorporation Certificate
- Company PAN & TAN
- Dedicated Business Account Manager
- DSC Assisstance with Token
- Digital Welcome Kit after Company Incorporation
- Post Incorporation Consultancy
- Complete DSC
- DIN upto 7 Directors
- DIR 3 for 2 Directors
- Expert Consultation Provided (immediate on-call availability)
- INC 22 & INC 20A
Note: All prices are excluding GST. Tax & Government fees should be payable directly to the respective government portal. Also, plan is subject to approval after the discussion of scope of work. All rights reserved by Taxadvisr. T&C
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Eligibility for Online Private Limited Company Registration
To register a PLC online, Indian regulations require:
- Minimum 2 Directors & Shareholders: Both can be individuals or companies for shareholders, but directors must be natural persons.
- Registered Indian Office Address: A physical address within India is mandatory.
- Applicant Eligibility: Applicants must be 18+, Indian citizens or residents.
Documents Required
1. Documents required for Shareholders and Directors
- PAN Card
- Identity Proof (either Aadhar card, passport, Driving License, or Voter ID)
- Passport-size photo (coloured)
- Residential Proof (either telephone/mobile bill, electricity bill, gas bill, or bank statements)
2. Documents required for proof of Registered Office Address
- Property Ownership Proof (either electricity bill, telephone/mobile bill, or gas bill)
- Rent/ Mortgage/ Lease Agreement
- NOC from the owner (in case the registered office is rented)
Private Limited Company in India
Companies Act, 2013 (India)

A Private Limited Company (PLC) is a popular business structure in India, where ownership is restricted to a maximum of 200 shareholders, only liable for the amount they invested in the company, offering peace of mind. Shareholders and directors are considered separate entities, giving your business a clear legal structure. Unlike publicly traded companies, shares in a PLC cannot be sold on the stock market.
Registration and operations are governed by the Registrar of Companies (ROC). To incorporate, directors need a Director Identification Number (DIN) and Digital Signature Certificate (DSC). Key documents like the Memorandum of Association (MoA) outlining the company’s purpose and the Articles of Association (AoA) detailing internal regulations are submitted through the MCA portal. Upon approval, the Ministry of Corporate Affairs (MCA) issues an incorporation certificate and publishes the company’s details online.
TaxAdvisr can handle the entire registration process, ensuring it’s smooth, fast, and cost-effective. We’ll also help you in obtaining the Business Registration Number (BRN), PAN (permanent account number), and TAN (tax deduction and collection account number), all crucial for operating your business. Furthermore, we’ll ensure your company adheres to the regulations set by the Ministry of Corporate Affairs.
Two Types of Private Limited Companies in India
Private Limited Companies (PLCs) are a popular choice for entrepreneurs in India due to the limited liability they offer to shareholders. However, within the PLC structure, there are two subcategories based on how liability is further defined:
1. Company Limited by Shares:
This is the most common type of PLC. Here, the shareholder’s liability is limited to the unpaid amount of their share capital. This means if the company faces losses, shareholders are only liable to contribute the remaining amount they haven’t fully paid for their shares.
2. Company Limited by Guarantee:
This type of PLC is less common and typically used for non-profit organizations. Here, members undertake a guarantee in the Memorandum of Association (MoA) to contribute a specific amount in case the company winds up. This guarantee amount represents the maximum extent of their liability. However, it’s important to note that this guarantee is only invoked during the winding-up process, not for regular debts or losses.
Advantages of Registering as a Private Limited Company
Registering as a Private Limited Company offers numerous advantages, making it a popular choice among entrepreneurs. Here are some key benefits:
Limited Liability Protection
One of the key benefits of a private limited company is limited liability protection. Shareholders are only responsible for the company's liabilities up to the extent of their contributions, safeguarding their personal assets from being used to cover the company’s debts.
Separate Legal Entity
A private limited company is recognized as a separate legal entity, where it is responsible for its own liabilities and assets. This prevents creditors from claiming the personal assets of directors and shareholders for debt recovery.
Easy to Raise Capital
Being a recognized legal entity, a private limited company can raise funds through equity, facilitating business expansion. This flexibility in raising capital is attractive to entrepreneurs.
Trustworthiness
Registered private limited companies enhance trustworthiness as they provide access to crucial information about directors and the company itself. This transparency, available via the MCA portal, increases confidence among the public and investors.
Perpetual Succession
The company enjoys perpetual succession, and it continues to exist until legally dissolved. The death or departure of any of its founders does not affect its existence.
Free and Easy Transferability of Shares
Shares in a private limited company can be easily transferred without affecting the company’s operations. This flexibility is beneficial for shareholders and appealing to potential investors.
Dual Relationship
Members can be both shareholders and employees, which enhances operational efficiency and overall governance of the company.
Owning Property
As separate legal entities, private limited companies can own and manage properties in their names, independent of the shareholders’ personal assets.
Capacity to Sue and Be Sued
A private limited company can initiate and face legal proceedings in its name, ensuring that legal matters do not impact shareholders personally.
Borrowing Capacity
Registered private limited companies have better access to funding from banks and financial institutions, enabling them to finance operations and future growth as independent legal entities.
Eligibility for Private Limited Company Online Registration in India
The Ministry of Corporate Affairs (MCA) establishes clear guidelines for registering a Private Limited Company (PLC) online. Here are the key requirements you must fulfill :
- Directors & Shareholders: A minimum of two directors and two shareholders are mandatory. Directors must be individuals, while shareholders can be either individuals or corporate entities.
- Age: Applicants must be at least 18 years old.
- Citizenship/Residency: Indian citizenship or residency is required for the applicant.
- Registered Office Address: The company must maintain a registered office address located within India.
Documents Required for Company Registration Online in India
TaxAdvisr simplifies online company registration in India. Here’s a clear breakdown of the documents you’ll need for both shareholders and directors, as well as proof of your registered office address:
Documents required for Shareholders and Directors
- PAN Card
- Identity Proof (either passport, Aadhar card, Driving License, or Voter ID)
- Passport-size photo (coloured)
- Residential Proof (either electricity bill, telephone/mobile bill, gas bill, or bank statements)
Documents required for proof of Registered Office Address
- Property Ownership Proof (either electricity bill, telephone/mobile bill, or gas bill)
- Rent/ Mortgage/ Lease Agreement
- NOC from the owner (in case the registered office is rented)
4 Easy Steps to Register Your Private Limited Company
Taking the exciting step of establishing a Private Limited Company (PLC) in India? TaxAdvisr empowers you with a clear roadmap for successful registration:
Obtain Director Credentials
Secure a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for your proposed directors.
File Incorporation Documents
Submit the necessary documents, including MoA (Memorandum of Association) and AoA (Articles of Association) through the SPICe+ online form with the Ministry of Corporate Affairs (MCA).
Await Approval
The MCA will review your application.
Receive Your Certificate
Upon successful registration, you'll receive the official Certificate of Incorporation.
Private Limited Company Registration Fees
The cost of registering a PLC in India can vary based on:
- Government Fees: Stamp duty and other mandatory government charges.
- Professional Fees: Costs associated with hiring experts like us at TaxAdvisr.
- Additional Filings: Fees for obtaining DSC, DIN, PAN, TAN, and GST registration (if applicable).
Role of Directors & Shareholders in a Private Limited Company
Within a Private Limited Company (PLC), directors and shareholders work in partnership to ensure its success. Shareholders, the company’s owners, elect directors to manage daily operations, create strategic plans, and uphold legal compliance. Directors act as the guiding force, overseeing day-to-day activities and making crucial decisions that propel the company towards its goals. If there are shareholders, directors are ultimately accountable to them, ensuring responsible management and sharing profits in proportion to their investment. This collaboration between directors and shareholders fosters responsible governance and paves the way for a thriving PLC.
Directors: The Guiding Force
- Strategic Decision-Making: Directors approve key business decisions like investments, expansions, and mergers, shaping the company’s future direction.
- Governance and Compliance: They establish ethical practices, adhere to legal regulations, and maintain accurate financial records, ensuring the company operates responsibly.
- Management Oversight: Directors appoint and oversee the management team, setting performance goals and monitoring progress to achieve objectives.
- Stakeholder Focus: They serve the interests of the company, creditors, employees, and shareholders, balancing various needs.
- Financial Leadership: Directors strive for financial stability and profitability, allocating resources effectively for sustainable growth.
Why Choose TaxAdvisr for Private Limited Company Registration?
Focus on Your Business, We’ll Handle the Registration
TaxAdvisr takes the stress out of registering your Private Limited Company (PLC) in India. Here’s why we’re the perfect partner:
- Streamlined Process, guiding you effortlessly through every step.
- Transparent Fees, clear pricing structures with no hidden costs.
- Expert Support to handle all complexities, including government fees and stamp duty.
- Efficiency & Attention to Detail, for a smooth and efficient registration process.
Let TaxAdvisr empower you to focus on building your business dream while we handle the legalities.
Contact us today for a free consultation!
Private Limited Company FAQs
Even after registering, your company has ongoing responsibilities. These include filing income tax returns, annual reports with financials, and adhering to safety, environmental, and legal regulations.
Simply visit the Ministry of Corporate Affairs’ website or use the MCA21 portal to check the status of your company registration.
The registration process duration varies. On average, it takes about 15 to 25 working days, subject to government processing times, document preparation, and other procedural factors.
The cost of registering your PLC depends on various factors like authorized capital, state requirements, and professional service fees (CAs, CS, CMAs).
Yes, individuals over 18, regardless of nationality, can be directors. However, at least one director must be Indian.
There’s no specific minimum capital requirement for a Private Limited Company in India. It can be started with any amount of capital deemed appropriate by the promoters.
Both have their own merits. OPC is best for small firms, while Private Limited Companies are better for larger businesses with several founders.
No, Private Limited Companies cannot issue shares to the general public. They are restricted to offering shares to a select group of individuals, typically existing shareholders or private investors.
No, the subscriber pages of the MOA and AOA, once filed with the Registrar of Companies during incorporation, cannot be altered. Any changes to these documents require passing a special resolution and filing updated documents with regulatory authorities.
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