A Private Limited Company is the most popular structure for startups and growing businesses in India because it offers limited liability, a separate legal identity and easy access to funding.
This guide covers the requirements, the SPICe+ incorporation process, documents, and what to do right after incorporation.
What is Private Limited Company Registration in India?
A Private Limited Company is registered under the Companies Act, 2013 with the MCA. It needs a minimum of two directors and two shareholders (who can be the same people), and it caps the number of members at 200.
Incorporation is done through SPICe+, which bundles name approval, DIN, DSC, PAN, TAN and even GST/EPFO/ESIC registration.
| Minimum directors | 2 (at least one resident in India) |
|---|---|
| Minimum shareholders | 2 |
| Minimum capital | No prescribed minimum |
| Governing law | Companies Act, 2013 |
| Incorporation form | SPICe+ |
Documents required
- PAN and Aadhaar of directors
- Photographs and ID/address proofs
- Registered office proof (utility bill, rent agreement, NOC)
- DSC for directors
- Proposed company name options
Step-by-step process
- Obtain DSCs. Get Class 3 DSCs for all proposed directors.
- Reserve the name. Reserve a unique name through SPICe+ Part A.
- File SPICe+ Part B. Submit incorporation details, capital, directors, and registered office with e-MoA and e-AoA.
- Get incorporation. Receive the Certificate of Incorporation with CIN, PAN and TAN.
- Post-incorporation. File INC-20A, appoint an auditor (ADT-1), and open a bank account.
Fees and timeline
Usually 7–15 working days once name approval and documents are ready.
Frequently asked questions
How many people are needed to start a Pvt Ltd?
At least two directors and two shareholders; the same two people can hold both roles.
Is there a minimum capital requirement?
No. There is no prescribed minimum paid-up capital for a private limited company.