Private Limited Company is the most popular business structure in India for startups and growing businesses. It offers limited liability protection, easier funding access, and enhanced credibility. Here is the complete 2026 guide.
What is a Private Limited Company?
A Private Limited Company is a privately held business entity registered under the Companies Act, 2013. It can have 2-200 shareholders and limits owner liability to their share investment.
Key Benefits
- Limited liability protection for owners
- Separate legal entity status
- Easy to raise funding from investors
- Perpetual succession
- Better credibility with banks and clients
- Easy ownership transfer
- Tax benefits under MSME schemes
Eligibility Criteria
- Minimum 2 shareholders (max 200)
- Minimum 2 directors (at least 1 Indian resident)
- Unique company name not registered with MCA
- Registered office address in India
- Minimum paid-up capital: No minimum (can be Re 1)
Documents Required
- PAN card of all directors and shareholders
- Aadhaar card of all directors
- Passport size photographs
- Address proof (utility bill, bank statement, rent agreement)
- Registered office address proof
- Director Identification Number (DIN) – we obtain this
- Digital Signature Certificate (DSC) – we obtain this
Step-by-Step Registration Process
Step 1: Apply for DSC
Get Digital Signature Certificate for all directors. Required for filing electronic forms with MCA.
Step 2: Apply for DIN
Obtain Director Identification Number for all directors via Form DIR-3.
Step 3: Name Reservation
File Form RUN (Reserve Unique Name) with MCA. Provide 1-2 preferred company names. MCA approves within 1-2 days.
Step 4: File SPICe+ Form
Submit integrated incorporation form SPICe+ with MOA, AOA, and required documents. This single form covers incorporation, PAN, TAN, EPFO, ESIC, and bank account.
Step 5: Get Certificate of Incorporation
MCA issues Certificate of Incorporation (CoI) along with PAN and TAN within 7-15 working days.
Step 6: Open Bank Account
Use CoI, PAN, and MOA/AOA to open current account in company name.
Government Fees
Government fees vary based on authorized capital. For capital up to Rs 1 lakh: approximately Rs 4,000-6,000 (stamp duty + filing fees + PAN/TAN).
Total Time
Approximately 7-15 working days from document submission to receipt of Certificate of Incorporation.
Post-Registration Compliance
- Open bank account within 30 days
- Issue share certificates within 60 days
- File commencement of business (Form INC-20A) within 180 days
- Annual ROC filings (AOC-4 and MGT-7)
- Income tax return filing
- GST registration if turnover exceeds threshold
- Statutory audit (mandatory for all Pvt Ltd companies)
Why Choose My Insta Biz?
- Expert CA & CS team
- 100% online process
- Fast turnaround time
- Pan India service
- Transparent pricing
- 24×7 WhatsApp support
Get started today — Apply for Pvt Ltd Registration here or call us at +91 94148 83452.