A Private Limited Company (PLC) is a legal entity widely used in India, governed by the Companies Act 2013. It is a great option for businesses because:

• Limited liability protects the personal assets of shareholders.
• It requires a minimum of two directors and two shareholders.
• At least one director must be an Indian resident and citizen.

Setting up a registered office in India is mandatory. The directors can also be shareholders in the company. Registration is a straightforward process, typically completed in just a few days.

India allows 100% foreign ownership in most sectors, making it an excellent choice for foreign businesses looking to establish a presence in the country.

Documents Required for Private Limited Company Registration

To register your Private Limited Company in India, you’ll need the following documents:

For Directors & Shareholders:

• PAN card
• Aadhaar card or Voter ID or Passport or Driving License
• Passport-sized photograph
• Email ID and Mobile number

For Registered Office:

• Address proof (e.g., electricity bill, property tax receipt)
• No Objection Certificate (NOC) from the owner (if not owned by you)
• Rent agreement/lease agreement (if the office is rented)

Other Required Documents:

• Memorandum of Association (MOA) & Articles of Association (AOA)
• Digital Signature Certificate (DSC) for all Directors
• Director Identification Number (DIN) for all Directors

Having these documents ready makes the registration process quick and hassle-free. Taxinno will guide you every step of the way.

Capital Requirements to Start a Private Limited Company

There’s no fixed minimum capital requirement for starting a Private Limited Company in India. However, here are some key points:

• Authorized Capital: This is the maximum capital your company can raise by selling shares. There’s no minimum requirement.
• Paid-up Capital: This is the amount received from shareholders. Again, no minimum requirement during registration.
• Stamp Duty: This tax applies to company-related documents and varies depending on the state.
• Professional Fees: This includes fees for hiring a Chartered Accountant or Company Secretary to assist with the registration.

Overall, the capital needed depends on factors like the type of business, the number of shareholders, and your location. Taxinno can help you estimate the costs and manage the registration smoothly.

Private Limited Company Registration Process

Follow these simple steps to register your Private Limited Company:

1. Obtain Digital Signature Certificate (DSC): Required for filing documents online. Directors must get this from an authorized certifying agency.
2. Get Director Identification Number (DIN): A unique ID for each director, obtained by filing Form DIR-3.
3. Choose Company Name: Select a unique name and apply for approval through the MCA portal.
4. Prepare & File Documents: Submit MOA, AOA, and other forms like SPICE+ (INC-32) and INC-9 with the Registrar of Companies (ROC).
5. Pay Fees: Pay the registration and stamp duty fees for the documents.
6. Receive Certificate of Incorporation: Once your documents are verified, you’ll receive the Certificate of Incorporation.
7. Apply for PAN and TAN: After incorporation, apply for the company’s PAN and TAN.

At Taxinno, we ensure the entire process is completed online for your convenience. Our experts will guide you through each step, making company registration quick and easy.

Why Choose Taxinno for Company Registration?

• Fast and hassle-free registration: We handle all the paperwork for you.
• Affordable services: Get cost-effective registration without compromising on quality.
• Expert assistance: Our team helps you meet all legal requirements and ensures smooth registration.

If you’re planning to start a business in India, registering a Private Limited Company is a smart choice. With Taxinno, you can focus on building your business while we take care of the registration.