acculegal, raipur, Company incorporation, registration of company, company registration in india , private limited company registration, legal advices, management

Private Limited Company

For companies looking to grow quickly and make changes constantly, Private Limited Company is the key. Company which is owned by non-governmental organizations or a relatively small number of shareholders or members of a company. A private limited company gives its members limited liability, allows equity to be raised easily, and ensures transparency in financials. The minimum requirement of a private limited company is two members, and there can be a maximum of 200 members.

For the registering a Private Limited Company, the concerned Ministry i.e. Ministry of Corporate Affairs (MCA) mandates the process of Incorporation by filing all the required forms on their online platform (, which assures the fast and easy process. 

The private limited company has many takers in India, with around 10,000 being registered each month. Registering a private limited company is easy. All you need is a suitable name, at least two directors who must apply for DINs and DSCs, articles and memorandum of association, and a few essential documents. The registration process, if effectively done, takes not more than two weeks.


Document Required:





4. ID PROOF: any one of the following:

  • Driving License; or
  • Voter ID; or
  • Passport.

5. ADDRESS PROOF: any one of the following:

  • Electricity Bill; or
  • Phone/Mobile Bill; or
  • Bank statement (1st and last page of passbook)



Once a name for the company is decided, the following steps have to be taken by the applicant: 

Step 1: Apply for DSC (Digital Signature Certificate) and DIN (Director Identification Number)

Step 2: Apply for the name availability

Step 3: File the MOA and AOA to register the private limited company

Step 4: Apply for the PAN and TAN of the company

Step 5: Certificate of incorporation will be issued by RoC with PAN and TAN

Step 6: Open a current bank account on the company name

What's included?


  • Filing of E-forms with the Registrar of Companies (ROC)
  • Digital Signature Certificate (DSC): 2 nos
  • Name approval with RUN (Reserve Unique Name)
  •  Filing of SPICe form
  •  Drafting MoA and AoA of company
  •  Issue of Incorporation Certificate
  •  PAN and TAN application
  •  Filing of SPICe form
  • Includes govt fees and stamp duty for authorized capital up to Rs 1 lacs.


  • Separate legal entity

  • Easy transfer of shares

  • Higher borrowing capacity

  • Ownership

  • Confidential

  • Limited Liability


Difference between Private Limited Companies and Public Limited Companies?

Point of Difference Private Limited Company Public Limited Company
Transferability of Shares

Shares cannot be issued to the Public

The shares can be issued to the public
Minimum and Maximum Members Minimum - 2 Maximum - 200 Minimum - 7 Maximum - unlimited
Minimum Directors 2 directors 3 directors
Minimum Paid-up Capital 2 lacs 5 lacs
Minimum Subscription Can allot shares without completing minimum subscription. Cannot allot shares without completing minimum subscription.
Certificate of Commencement of Business Not Required Required
Invitation to public Not allowed Allowed
Issue of Prospectus Not Required Mandatory
Term used at the end of the name Private Limited Limited
Statutory meeting Not Mandatory Mandatory
Managerial Remuneration Cannot increase 11 percent of Net Profit. No Restriction


Difference between Private Limited Companies and Limited Liability Partnership?

Point of Difference Private Limited Company Limited Liability Partnership
Minimum and Maximum Members

Minimum - 2 

Maximum - 200

Minimum - 2 

Maximum - unlimited

Minimum Directors

Minimum - 2 directors

Maximum - 15 directors

Minimum - 2 directors

Maximum - not applicable

Term used at the end of the name Privated limited LLP
Statutory meeting Mandatory Not Mandatory
Board meeting Necessary Not Necessary
Registration Acts Registered under Companies Act 2003 Registered under LLP Act 2008
Statutory Audit Mandatory Not compulsary under partner's contribution exceeds 25 lakhs or annual turnover exceeds 40 lakhs



Hire Acculegal for

Private Limited Company


Quick Enquiry