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MCAFiling Editorial & CA Team
Qualified Chartered Accountants & Company Secretaries · Updated Jun 2026 · 6-8 min read
What is Private Limited Company Registration?
A Private Limited Company (Pvt Ltd) is the most popular business structure for startups and growing businesses in India. It is a separate legal entity governed by the Companies Act, 2013, with limited liability protection and the ability to issue equity to raise capital.
Minimum 2 directors (at least one Indian-resident) and 2 shareholders required. No minimum paid-up capital. Incorporation is fully online through the integrated SPICe+ form which combines name reservation, incorporation, DIN, PAN, TAN, GST, EPFO, ESIC and bank account opening.
Quick facts
| Governing Act | Companies Act, 2013 |
| Relevant Section | Sections 3, 7, 12 |
| Form Reference | SPICe+ INC-32 |
| Filing Authority | Registrar of Companies (RoC) / MCA |
| Typical Timeline | 7-12 working days |
| Professional Fee | ₹6,999 onwards |
| Government Fee | ₹2,000 - ₹15,000 (state-wise) |
Who needs this filing?
- Tech startups planning to raise angel or VC funding
- D2C brands, e-commerce and SaaS businesses with co-founders
- Service businesses wanting to issue ESOPs to employees
- Manufacturers and traders needing stronger credibility
- Family businesses transitioning for asset protection
Step-by-step process
DSC & document collection
Obtain Class 3 DSC for one director (1 day). Collect identity, address proofs, photographs of directors and shareholders.
Name reservation (SPICe+ Part A)
File SPICe+ Part A with 2 name options. RoC verifies trademark conflicts. Approval in 1-2 working days.
Draft MOA & AOA
We draft Memorandum (defining objectives) and Articles (internal rules) customised to your business.
SPICe+ Part B filing
File SPICe+ Part B with AGILE-PRO, eMOA, eAOA and director declarations.
RoC review & certificate
RoC examines application (3-5 days). Certificate of Incorporation issued with CIN, PAN, TAN.
Bank account & post-incorporation
Open current account. File INC-20A within 180 days. First board meeting within 30 days.
Documents required
- PAN card of all directors and shareholders
- Aadhaar card of all directors and shareholders
- Passport-size photograph (recent)
- Address proof — Voter ID / Passport / DL
- Bank statement or utility bill (not older than 2 months)
- Registered office address proof + NOC from owner
- Latest electricity bill of registered office
Detailed fees breakdown
| Item | Amount |
|---|
| Professional fee (MCAFiling) | ₹6,999 |
| DSC (Class 3, 2 directors) | ~₹2,000 |
| Government filing fee (SPICe+) | ₹500 |
| Stamp duty (state-wise) | ₹2,000 - ₹15,000 |
| PAN/TAN (included) | Nil |
Note: Government fees vary by state and are payable separately at actuals. Stamp duty depends on registered office state. Professional fees shown are indicative.
Key advantages
- Limited liability — personal assets protected
- Separate legal entity with perpetual existence
- Easier to raise external funding
- ESOP issuance possible
- Better B2B credibility and govt tender eligibility
- FDI allowed in most sectors (auto route)
What happens after this filing?
Once Private Limited Company Registration is complete, the following ongoing compliances apply:
- INC-20A within 180 days of incorporation
- First Board Meeting within 30 days
- Statutory auditor appointment within 30 days (ADT-1)
- Annual: AOC-4 (within 30 days of AGM), MGT-7 (within 60 days)
- DIR-3 KYC annually by 30 September
- DPT-3 by 30 June every year
Frequently asked questions
How many directors and shareholders required?
Minimum 2 directors and 2 shareholders. Same person can be both. Maximum 200 shareholders. At least one director must be an Indian resident.
Is there a minimum paid-up capital requirement?
No. Abolished in 2015. Can incorporate with any amount. Authorised capital up to ₹15 lakh has the same MCA fee, so ₹1-10 lakh is typical.
Can NRIs or foreigners be directors?
Yes. NRIs and foreign nationals can be directors and shareholders. At least one director must be an Indian resident. For 100% foreign ownership, FDI rules under FEMA apply.
How long does the entire process take?
Typically 7-12 working days. DSC: 1 day, name approval: 1-2 days, SPICe+ filing: 5-7 days. Delays possible if RoC raises queries.
What is INC-20A?
Declaration of Commencement of Business. Mandatory within 180 days of incorporation for every company incorporated after 2 Nov 2018. Failure attracts ₹1,000/day penalty and company cannot start operations.
Difference between Pvt Ltd and OPC?
OPC is for single founders (1 member + 1 nominee). Pvt Ltd needs 2+ shareholders. OPC must convert to Pvt Ltd if capital exceeds ₹50 lakh or 3-year average turnover ₹2 crore.
Related services
Disclaimer: This page is for general informational purposes only. Tax rates, government fees and compliance requirements may change. Form references (e.g. SPICe+ INC-32) are statutory form identifiers used to describe the filing we assist with. MCAFiling.in is a private professional services platform and is
not affiliated with the Ministry of Corporate Affairs or the Government of India. Official portal:
mca.gov.in.