Online Private Limited (Pvt Ltd) Company Registration in India

1. Two directors and two shareholders, at least one of whom is an Indian citizen and resident
2. A valid registered office address for the business
3. Clear, legible documents for every shareholder and director
4. A company name that follows the MCA guidelines
5. Minimum authorised and paid-up capital

There is no minimum paid-up capital requirement for a Private Limited Company. The Companies Act does require a minimum authorised capital of ₹1 lakh, divided into 10,000 equity shares with a face value of ₹10 each.

Every shareholder must subscribe to at least one share so the business starts with enough to run on. The paid-up capital is deposited into the company’s current account as share capital.

Authorised capital is the maximum a company can raise by issuing shares, now or later. It can be increased if the company wants to raise more through fresh equity, and the stamp duty for registration is calculated on it.

Paid-up capital is what shareholders have actually paid for the shares issued to them. A company can be incorporated with any amount of paid-up capital up to its authorised capital.

A DIN is a unique number issued by the Ministry of Corporate Affairs to anyone who wants to be appointed a director of a company or a designated partner of an LLP. An individual is only ever issued one DIN, and it can be surrendered by filing the appropriate form with the MCA.

Every DIN holder must complete DIR-3 KYC each year to keep the number active.

A DSC is a token issued by a certified authority. It is the electronic signature used to file forms with the MCA.

Every director and every subscriber to the MoA needs one to submit the incorporation forms. A director’s DSC is also used later for GST returns, income tax returns and ROC filings.

Yes. A residential address can be used to register a Private Limited Company. Provide the latest utility bill or property tax bill for that address as business address proof, and add an NOC if the property belongs to another family member.

The registered office is where the company receives communication from the MCA and other authorities, and the address is published on the Ministry’s portal. Note that using a residential address for commercial purposes may attract property tax at commercial rates.

Yes, as long as the activities are in the same field or of a similar nature. They must be set out in the company’s MoA and approved by the registrar.

Unrelated activities cannot be combined. Fashion design and event management, for example, are too different to be the main business activities of a single company.

Five things, in priority order:

1. Open a current bank account within 30 days of receiving the PAN card
2. Appoint the company’s first statutory auditor
3. Deposit the paid-up capital stated in the MoA
4. Issue and allot shares to the subscribers
5. File INC-20A within 180 days of receiving the Certificate of Incorporation

1. Professional Tax registration, which is mandatory only for new companies in Maharashtra, Karnataka and West Bengal
2. Shops and Establishment registration, available only for new companies in Delhi. It is optional, but recommended, because the Labour Department portal will not accept a first-time registration separately
3. A current account, which every company incorporated through SPICe+ must select a bank for. Punjab National Bank, ICICI Bank, SBI, Kotak Mahindra Bank, Bank of Baroda, HDFC Bank, IndusInd Bank, Union Bank of India and Axis Bank are among those integrated with AGILE-PRO-S

The Employees State Insurance Corporation, the Employees Provident Fund Organisation, the GST department, your bank, NSDL, the Income Tax department, the commercial tax department of the relevant state for professional tax, and the Labour Department all receive details of a newly incorporated company.

The basic details of the company and its directors are also published by the MCA on its portal under Master Data.