Private Limited (Pvt Ltd) Company Registration

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Private Limited (Pvt Ltd) Company Registration – Classic Partners LLP

By Classic Partner – Chartered Accountants & Business Advisors

What is Private Limited Company Registration?

A Private Limited Company (Pvt. Ltd.) is one of the most preferred forms of business structure in India. It offers a separate legal identity, limited liability protection, and perpetual succession, making it a reliable and scalable option for entrepreneurs, startups, and growing businesses.

It requires a minimum of two directors and two shareholders (with a cap of 15 directors and 200 shareholders). Unlike partnerships or proprietorships, shareholders are not personally liable for the debts of the business beyond their capital contribution.

Private Limited Companies also enjoy higher credibility, making it easier to raise capital through loans, private equity, or venture funding, as well as offer Employee Stock Option Plans (ESOPs) to attract and retain talent.

Reasons to Opt for a Private Limited Company

  • Limited Liability Protection – Directors’ and shareholders’ personal assets are safeguarded against business liabilities.

  • Perpetual Succession – The company continues to exist regardless of changes in ownership or the death/exit of directors.

  • Easy Ownership Transfer – Ownership can be transferred through shares with shareholder approval and transfer deeds.

  • Better Funding Opportunities – Pvt. Ltd. companies can raise funds through equity, preference shares, debentures, and deposits. Financial institutions also prefer lending to registered companies.

  • Professional Image & Credibility – Higher acceptance with banks, vendors, and investors compared to proprietorships and partnerships.

  • Growth & Expansion Ready – Suitable for startups and SMEs planning to scale operations and attract outside investment.

Documents Required

For Directors & Shareholders:

  • PAN Card / Passport (for NRIs)

  • Voter ID / Passport / Driving License

  • Latest Bank Statement / Electricity or Telephone Bill

  • Passport-sized Photographs

  • Specimen Signatures

For Registered Office:

  • Proof of address (Utility Bill / Bank Statement)

  • Rent Agreement or Sale Deed

  • NOC from Property Owner (if rented)

Registration Procedure

  1. Obtain DSC & DIN – Digital Signature and Director Identification Number for all proposed directors.

  2. Name Approval – Submit up to two preferred names to MCA, ensuring uniqueness and compliance with naming guidelines.

  3. Filing Incorporation Forms – File SPICe+ Form INC-32 along with eMOA (INC-33) and eAOA (INC-34).

  4. Certificate of Incorporation – Issued by the Ministry of Corporate Affairs (MCA), confirming legal existence.

  5. PAN & TAN Allotment – Issued automatically post-incorporation.

  6. Bank Account Opening – A current account can be opened in the company’s name to commence operations.

How Classic Partner Helps

At Classic Partner, our team of Chartered Accountants and Company Secretaries provides end-to-end support for Private Limited Company incorporation:

  • Advisory on the right business structure (Pvt. Ltd. vs LLP vs OPC).

  • Drafting of MOA, AOA, and all incorporation documents.

  • MCA filing, approvals, and incorporation certificate.

  • PAN, TAN, and GST registration assistance.

  • Post-incorporation compliance – ROC filings, annual returns, and statutory registers.

  • Tax structuring, audit, and financial advisory for growth.

Contact Classic Partner today to register your Private Limited Company and build a legally strong, compliant, and scalable business structure with the guidance of expert Chartered Accountants.

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