Private Limited Company Registration in India
We provide quick and affordable service to register a private limited company through 100% online process. Our services are trusted by thousands of businesses in all major cities of India. Pvt Ltd Company Registration is highly preferred by startups.
Register a Pvt Ltd Company
Company is a popular option to start a business in India by startups and businesses with higher growth aspirations. Pvt Ltd company is incorporated under the Companies Act of 2013, and governed by the Ministry of Corporate Affairs (MCA). It is a registered corporate structure, that provides business a separate legal identity from its owners. Hence, providing key advantages like the ability to contract in its own name, and safeguard personal assets of the owners from business liabilities.
Private Limited Company vs. LLP
Pvt Ltd Company and LLP both are limited liability structures. However, companies offer certain key advantages, especially for startups. Ownership of the company is defined by share capital, which is easy to transfer compared to ownership transfer in LLP. Also, it clearly differentiates management and ownership. Hence, it is preferred by VCs, angel investors and banks for providing debt or equity funding.
However, one should also consider higher compliance and mandatory audit requirement, making it an expensive structure to maintain.
Registration of Company is Simple with LegalWiz.in
The process of company registration in India is revamped by MCA, effective from 26th January 2018. Now, registration of the company can be completed within 10-15 business days. LegalWiz.in employs qualified company secretaries and chartered accountants, who ensure highest customer satisfaction and timely delivery of service. Entire process is managed online, with regular communication and assistance available throughout. We have clients in all major cities of India including Mumbai, Delhi, Bangalore, Pune, Ahmedabad, Hyderabad and more. And, Our services have equally relevant reach within smaller cities and towns in the country.
Advantages of Private Limited Company Registration
Documents required to register a Private Limited Company
Register a Company in 3 Easy Steps
*Subject to Government processing time
Process to Register a Company in India
Compare different business structures to choose the right entity type
Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | ||
---|---|---|---|---|---|---|
Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act | |
Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No | |
Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 | |
Separate Legal Entity | Yes | Yes | Yes | No | No | |
Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited | |
Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory | |
Ownership Transferability | Restricted | No | Yes | No | No | |
Uninterrupted Existence | Yes | Yes | Yes | No | No | |
Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed | |
Tax Rates | Moderate | Moderate | High | High | Low | |
Statutory Compliances | High | Moderate | Moderate | Less | Less | |
Get Started | Know More | Know More | Know More | Know More |