A Private Limited Company is one of the most popular and trusted business structures in India. It is registered under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA).
A Private Limited Company is owned by shareholders and managed by directors. It requires a minimum of 2 shareholders and 2 directors to start, and can have up to 200 shareholders. A person can be both a director and a shareholder of the company.
The liability of shareholders is limited to the amount they invest in the company. Unlike public companies, a Private Limited Company cannot offer its shares to the general public.
Types of Private Limited Companies
1. Company Limited by Shares
In this type of company, the liability of shareholders is limited to the unpaid amount on the shares they hold.
2. Company Limited by Guarantee
In this type, shareholders agree to contribute a specific amount towards the company’s liabilities if it is wound up.
Why Choose Tax N Track?
Tax N Track provides fast, reliable, and professional company registration services across India. Our experienced team ensures a smooth registration process with complete support from start to finish.
We assist with:
Private Limited Company Registration
LLP Registration
One Person Company (OPC) Registration
Public Limited Company Registration
Other Business Registrations
Services Included
Two Director Identification Numbers (DIN)
Two Digital Signature Certificates (DSC)
Company Name Search and Approval
ROC Registration Fees
PAN and TAN Application
Drafting of Memorandum of Association (MOA)
Drafting of Articles of Association (AOA)
Company Identification Number (CIN)
MSME Registration Certificate
Documents Required
For All Directors
Passport-size photograph.
Self-attested PAN Card copy.
Self-attested Identity Proof (any one):
Aadhaar Card
Passport
Voter ID
Driving License
Business Address Proof
Any one of the following:
Electricity Bill
Telephone Bill
Property Tax Receipt
Gas Bill
Tax Bill
Additional Documents
Rent Agreement (if premises are rented)
Property Ownership/Sale Deed (if premises are owned)
Proposed Company Name (1–2 options)
Details of Business Activities, Services, or Products
Registration Process
Step 1
Apply for Digital Signature Certificates (DSC) for all directors.
Step 2
Complete our simple company registration form.
Step 3
Apply for company name approval with the Ministry of Corporate Affairs.
Step 4
After name approval, file the incorporation application through the SPICe+ (INC-32) form.
Step 5
Upon successful incorporation, obtain necessary registrations such as GST Registration, if applicable.
Step 6
Receive your Company Incorporation Certificate Kit and registration documents.
Advantages of a Private Limited Company
1. Limited Liability Protection
Shareholders are liable only to the extent of their investment in the company.
2. Separate Legal Entity
The company has its own legal identity, separate from its owners and directors.
3. Better Credibility
A Private Limited Company enjoys greater trust among customers, investors, banks, and suppliers.
4. Easy Fund Raising
The company can attract investment from shareholders, venture capitalists, angel investors, and financial institutions.
5. Perpetual Succession
The company continues to exist even if directors or shareholders change.
6. Ownership Transfer
Shares can be transferred, making ownership changes easier compared to other business structures.
7. Growth Opportunities
A Private Limited Company is well-suited for businesses looking to expand, raise capital, and build a strong brand presence.
Important Note
A Private Limited Company must comply with annual filing and statutory requirements prescribed under the Companies Act, 2013. Maintaining proper records and timely compliance helps ensure smooth business operations and legal protection.
