Private Limited Company is the most preferred and popular way of starting a business in India. It is well known and famous for its structure, as it is very easy to set up and very well recognized in India Pvt. Ltd.

1. PRIVATE LIMITED COMPANY
REGISTRATION
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Email: info@estartindia.com
eStartIndia

2. PRIVATE LIMITED COMPANY
Private Limited Company is the most
preferred and popular way of starting
a business in India. It is well known
and famous for its structure, as it very
easy to setup and very well
recognized in India.
Private Limited Company is one of the most preferred legal entities for
registration in India being governed by Ministry of Corporate Affairs (MCA),
incorporated under Companies Act, 2013. The company requires a minimum of
two directors and two shareholders for registration with a maximum capping of
15 directors and 200 members. The director and shareholder both can be a
natural person, while a corporate legal entity can only be a shareholder. The
reason for popularity of a Private Limited Company in foreign promoters is the
fact that as per FDI provisions of Indian Government, NRIs, foreign nationals as
well as foreign corporate entities can be shareholders and/or directors of such a
company. The key features of a Private Limited Company include limited
liability, perpetual existence, separate legal identity, ownership of property and
ability to raise the equity funds.

3. ADVANTAGES OF PRIVATE LIMITED
COMPANY
Separate Legal Entity
Perpetual Existence
Easy share allocation and redirection
Property Ownership
Limited Liability of directors
Ease of raising funds

4. DOCUMENTS REQUIRED FOR REGISTRATION
▪ Copy of PAN card for Indian Nationals;
▪ Notarized and/or apostilled passport copy for
Foreign Nationals
▪ Identity Proof:
▪ Passport; or
▪ Aadhar card; or
▪ Voter ID; or
▪ Driving license
▪ Address Proof:
▪ Copy of Telephone/Mobile or Electricity bill; or
▪ Bank Account Statement (Less than 2 months old)
▪ Company Address Proof:
▪ Telephone/Mobile/Electricity/Gas bill (Less than 2 months old); AND
▪ In case of rented premises a notarized copy of Rent Agreement with a No-Objection
Certificate (NOC) for conducting business;
▪ In case of self-owned premises registered title document
▪ Passport size photographs

5. MINIMUM REQUIREMENT
❑ A minimum of 3 directors
❑ A minimum of 7 shareholders
❑ A minimum of 1 director to be Indian
Resident
❑ Shareholder and director can be the same
person
❑ DSC (Digital Signature Certificate) for 2
directors
❑ DIN (Director Identification Number) for
ALL company directors
❑ Minimum authorized share capital of
1,00,000 (One Lac Rupees)

6. Obtain DSC & DIN --
eStartIndia will apply for
Digital Signature (DSC) and
Director Identification
Number (DIN) (about 1 – 2
working days)
Name Approval -- eStartIndia will apply
for company name approval (about 2 –
3 days)
MOA and AOA Submission --
eStartIndia will prepare MOA and
AOA (about 5 – 7 days)
Certificate of Incorporation, PAN, TAN,
Bank Account -- eStartIndia will file for
obtaining Certificate of Incorporation
(COI), PAN, TAN & Bank Account
(about 10 – 12 days)
Registration Process

7. 1.Is it mandatory to deposit Share capital at the time of company Incorporation?
No. Once the registration process is complete and the bank account is opened, share capital can be
deposited anytime within two months.
2.Does a Private Limited Company require renewal every year?
No. A Private Limited Company continues its existence till it is closed down officially by its owners.
3.Is it possible to change the address of the company post Incorporation?
Yes. The address of the company can be changed anytime post Incorporation.
4.Is it possible for Private Limited Companies to trade shares?
No. A Private Limited Company by definition is a privately owned company and thus its shares are not
open for trading in public domain. (though it can be transferred between promoters and directors)
5.What is the qualification for an individual to be a shareholder or director of a Private Limited
Company?
There is no mandatory qualification for an individual to be a shareholder or director of a Private
Limited Company and any individual can become a shareholder or a director.
6.What is a DIN?
A DIN or the Director Identification Number is a unique number which identifies the director of a
company. When any person is appointed as a company director, the DIN must be mentioned in the
relevant documentation.
7.What is DSC?
A digital signature certificate or a DSC is an electronic signature of a person which is in encrypted form.
DSC is used for signing of e-forms (electronic forms) while filing documents for company registration.

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9. Contact Information
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