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Private Limited Company Registration

  • India's most trusted business structure for startups and growing companies
  • Fully online, expert-assisted, and delivered in as few as 10 working days.

What Our Clients Say

We got our Certificate of Incorporation in just 11 working days. The team handled everything — DSCs, name reservation, MoA drafting — without a single back-and-forth. Highly recommended for anyone starting a company.

Arjun Mehta

Arjun Mehta

Co-founder, NovaTech Solutions Pvt Ltd

As a first-time founder with no legal background, I was nervous about the incorporation process. FylFlix made it completely stress-free. They explained every step and kept me updated throughout.

Priya Sharma

Priya Sharma

Founder, GreenLeaf Organics Pvt Ltd

Switched from a traditional CA firm to FylFlix for our second company registration. The difference in speed and transparency was night and day. Dashboard-based tracking is a game changer.

Rohan Verma

Rohan Verma

Director, Buildfast Infra Pvt Ltd

We got our Certificate of Incorporation in just 11 working days. The team handled everything — DSCs, name reservation, MoA drafting — without a single back-and-forth. Highly recommended for anyone starting a company.

Arjun Mehta

Arjun Mehta

Co-founder, NovaTech Solutions Pvt Ltd

As a first-time founder with no legal background, I was nervous about the incorporation process. FylFlix made it completely stress-free. They explained every step and kept me updated throughout.

Priya Sharma

Priya Sharma

Founder, GreenLeaf Organics Pvt Ltd

Switched from a traditional CA firm to FylFlix for our second company registration. The difference in speed and transparency was night and day. Dashboard-based tracking is a game changer.

Rohan Verma

Rohan Verma

Director, Buildfast Infra Pvt Ltd

We got our Certificate of Incorporation in just 11 working days. The team handled everything — DSCs, name reservation, MoA drafting — without a single back-and-forth. Highly recommended for anyone starting a company.

Arjun Mehta

Arjun Mehta

Co-founder, NovaTech Solutions Pvt Ltd

As a first-time founder with no legal background, I was nervous about the incorporation process. FylFlix made it completely stress-free. They explained every step and kept me updated throughout.

Priya Sharma

Priya Sharma

Founder, GreenLeaf Organics Pvt Ltd

Switched from a traditional CA firm to FylFlix for our second company registration. The difference in speed and transparency was night and day. Dashboard-based tracking is a game changer.

Rohan Verma

Rohan Verma

Director, Buildfast Infra Pvt Ltd

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Choose The Best Package For Your Business

We target application submission within 7 days, or you receive a full refund.

Basic Plan

₹6,999

+ Govt. fees separately

Get Started
DSC procurement for up to 2 directors
DIN application for up to 2 directors
Company name reservation (RUN)
MoA & AoA drafting (standard template)
SPICe+ filing with MCA
Certificate of Incorporation (COI)
Company PAN & TAN
1 hour consultation
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Standard

₹9,999

Govt. fee if applicable will be charged seperately

Get Started
Can raise funds through equity shares
ESOPs can be issued to employees
Separate legal identity from promoters
Can have foreign directors and foreign investment
Eligible for Startup India recognition and tax benefits
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Most Popular

Standard Plan

₹10,999

+ Govt. fees separately

Get Started
Everything in Basic Plan
DSC procurement for up to 3 directors
INC-20A — Commencement of Business Declaration filing
Post-incorporation compliance checklist
Bank account opening assistance (document preparation)
GST registration (if applicable)
2 hours consultation
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Custom

Custom Plan

Custom Pricing

Tailored scope & pricing for your specific requirements

DSC procurement for up to 2 directors
DIN application for up to 2 directors
Company name reservation (RUN)
MoA & AoA drafting (standard template)
SPICe+ filing with MCA
Certificate of Incorporation (COI)
Company PAN & TAN
1 hour consultation
Can raise funds through equity shares
ESOPs can be issued to employees
Separate legal identity from promoters
Can have foreign directors and foreign investment
Eligible for Startup India recognition and tax benefits
Everything in Basic Plan
DSC procurement for up to 3 directors
INC-20A — Commencement of Business Declaration filing
Post-incorporation compliance checklist
Bank account opening assistance (document preparation)
GST registration (if applicable)
2 hours consultation
Everything in Standard Plan
DSC procurement for up to 5 directors
Custom MoA object clause drafting (industry-specific)
Share certificate drafting & stamp duty guidance
Statutory registers setup (Register of Members, Directors, Charges)
First Board Meeting minutes drafting
Auditor appointment resolution & ADT-1 filing
DIR-3 KYC filing for all directors (first year)
4 hours consultation including 90-day compliance roadmap
MSME / Udyam registration
Dedicated relationship manager for your matter
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Premium Plan

Premium Plan

₹17,999

+ Govt. fees separately

Get Started Now

Everything you need and more

Everything in Standard Plan
DSC procurement for up to 5 directors
Custom MoA object clause drafting (industry-specific)
Share certificate drafting & stamp duty guidance
Statutory registers setup (Register of Members, Directors, Charges)
First Board Meeting minutes drafting
Auditor appointment resolution & ADT-1 filing
DIR-3 KYC filing for all directors (first year)
4 hours consultation including 90-day compliance roadmap
MSME / Udyam registration
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Overview

A Private Limited Company (Pvt Ltd) is a business entity incorporated under the Companies Act, 2013 and registered with the Ministry of Corporate Affairs (MCA). It is legally defined under Section 2(68) of the Act as a company that restricts the right to transfer its shares, limits the number of its members to 200 (excluding employee-members), and prohibits any invitation to the public to subscribe for its securities.

The Pvt Ltd structure offers a separate legal identity distinct from its owners — the company can own property, enter into contracts, borrow money, and sue or be sued in its own name. Shareholders enjoy limited liability, meaning their personal assets are protected from the company's debts and obligations.

It is the preferred business structure for startups, tech companies, and investor-backed ventures because it allows equity fundraising from angel investors and VCs, facilitates FDI under the automatic route in most sectors, and provides a clean, auditable governance structure that institutional investors and large clients expect.

What is a Private Limited Company?

Classification details

Pvt Ltd — Quick Fact Sheet (Companies Act, 2013)
ParameterRequirementReference
Minimum Directors2Section 149
Maximum Directors15Section 149
Resident DirectorAt least 1 (182+ days)Section 149(3)
Minimum Members2Section 2(68)
Maximum Members200 (excl. employees)Section 2(68)
Minimum Paid-Up CapitalNo minimumCompanies Amendment Act, 2015
Public Offer of SharesProhibitedSection 2(68)
Share TransferRestricted by AoASection 2(68)
Name SuffixMust end with 'Private Limited'Section 4(1)(a)
Governing LawCompanies Act, 2013MCA, Govt. of India

Types of Private Limited Companies

Classification details

Classification of Private Limited Companies
TypeDescriptionBest For
Company Limited by SharesLiability of members is limited to the unpaid amount on shares held. Most common type.Startups, SMEs, investor-backed ventures
Company Limited by GuaranteeNo share capital; members guarantee a fixed amount in case of winding up.Non-profits, clubs, associations, charitable entities
Unlimited CompanyMembers have unlimited liability. Rarely used in practice.Specific professional or holding structures (uncommon)

Documents Required

Keep these ready before you start the application process

01

PAN card of all proposed directors and shareholders (self-attested)

02

Aadhaar card / passport / voter ID of all proposed directors (any one, self-attested)

03

Latest bank statement or utility bill (not older than 2 months) as address proof of each director

04

Recent passport-size photographs of all proposed directors (white background)

05

Proof of registered office address — rent agreement + NOC from property owner (if rented), or electricity bill / property tax receipt (if owned)

06

Latest utility bill (electricity / water / telephone) for the registered office address

07

Proposed company name(s) — up to 2 preferences in priority order with brief business description

08

Proposed shareholding pattern — number of shares and % holding for each shareholder

09

Proposed authorised share capital amount

10

Object clause / description of primary and ancillary business activities for the MoA

11

For NRI or foreign directors — notarised and apostilled copy of passport and overseas address proof

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Benefits of a Private Limited Company

Limited liability — shareholders' personal assets are fully protected; liability is restricted to the amount invested in shares

Separate legal entity — the company can own property, sign contracts, open bank accounts, and litigate in its own name

Perpetual succession — the company continues to exist regardless of changes in shareholders or directors, including death or resignation

Easier fundraising — preferred by angel investors, VCs, and banks; equity funding via share allotment is legally structured

FDI under automatic route — foreign investors can invest in most sectors without prior RBI approval

Lower corporate tax rate — 22% (existing companies) or 25% (turnover up to Rs. 400 crore), significantly lower than individual slab rates

Startup India tax benefits — recognised startups can claim income tax exemption under Section 80-IAC for 3 out of 10 years

Enhanced credibility — 'Private Limited' suffix signals formal governance to clients, suppliers, government bodies, and lenders

Structured ownership — shares can be allotted to employees (ESOPs), investors, or co-founders with clear governance

Easier to transfer ownership — shares can be transferred or sold without dissolving the business entity

PAN and TAN issued automatically — along with the Certificate of Incorporation via MCA's SPICe+ process

Pvt Ltd vs LLP vs Sole Proprietorship vs OPC

ParameterPvt LtdLLPSole ProprietorshipOPC
Legal IdentitySeparateSeparateNot separateSeparate
LiabilityLimited to shareholdingLimited to contributionUnlimited personalLimited to shareholding
Min. Members2 directors, 2 shareholders2 partners11 director + 1 nominee
Max. Members15 directors, 200 shareholdersNo upper limit11 shareholder
Foreign OwnershipAllowed (automatic route most sectors)Allowed (RBI/FIPB approval)Not allowedNot allowed
Equity FundraisingYes — shares, ESOPs, VC/angelNo equity; profit sharing onlyNot possibleNot possible
Tax Rate22–25% corporate tax30% flat + surchargeIndividual slab rates22–25% corporate tax
ComplianceModerate — ROC, audit, AGMModerate — annual statementMinimalModerate — ROC, audit
Perpetual SuccessionYesYesNoYes
Ideal ForStartups, funded ventures, scale-upsProfessionals, small firmsFreelancers, small tradersSolo entrepreneurs

Key Features

Separate legal entity — exists independently of its shareholders and directors (Section 9, Companies Act, 2013)

Limited liability — members' liability is restricted to the unpaid amount on their shares

Perpetual succession — business continues uninterrupted regardless of ownership changes

Restriction on share transfer — shares cannot be freely transferred to outsiders without AoA approval, keeping ownership within a trusted group

Prohibition on public offering — shares and debentures cannot be offered to the general public (Section 2(68))

No minimum paid-up capital — you can incorporate with any amount after the Companies Amendment Act, 2015

Maximum 200 shareholders — excluding employee-shareholders, ensuring a closely held structure

FDI permitted — foreign investment allowed under automatic route in most sectors under FEMA

ESOP-friendly — equity shares can be issued to employees under a structured ESOP plan

Mandatory audit — books of accounts must be audited annually by a practising Chartered Accountant

Registered under MCA — regulated by the Ministry of Corporate Affairs, providing legal recognition and statutory protections

Registration Process

1
Step 1

Obtain Digital Signature Certificates (DSC) for all proposed directors — Class 3 DSC from a licensed Certifying Authority

2
Step 2

Apply for Director Identification Number (DIN) for proposed directors via SPICe+ Part A on the MCA portal

3
Step 3

Reserve the company name using RUN (Reserve Unique Name) — up to 2 name preferences can be submitted

4
Step 4

Draft the Memorandum of Association (MoA) defining the company's objects and Articles of Association (AoA) defining internal governance rules

5
Step 5

File SPICe+ (INC-32) Part B with e-MoA, e-AoA, and AGILE-PRO-S (INC-35) on the MCA21 portal — includes applications for GSTIN, EPFO, ESIC, and bank account

6
Step 6

MCA processes the application and issues the Certificate of Incorporation (COI) with the Corporate Identification Number (CIN), Company PAN, and TAN

How to Apply

Frequently Asked Questions