The eligibility criteria for registering a private limited company in India are as follows:
Minimum of two shareholders and two directors are required to register a private limited company.
The directors and shareholders can be same person
No minimum Capital requirement to register a Private Limited Company
At least one director must be a resident of India (that person must have stayed in India for at least 182 days in the previous financial year)
The company name should be unique and should not be identical or similar to any of the existing company. The company should have a registered office within India.
The company should not be engaged in any illegal or prohibited business activities.
Director Identification Number (DIN) and Digital Signature Certificate (DSC) are mandatory for the directors of the company
Documents Needed for Private Limited Company Formation
PAN Card copy of each Director
ID Proof of each Director (any one)
Election Card
Driving License
Aadhar Card
Passport Copy
Residence Address Proof of each Director (any one)
Bank Statement (up to one month old) / Bank Passbook with last one month entries
Latest Electricity Bill on director’s name
Mobile Bill (postpaid)
Landline Bill (postpaid)
1 Colour Photograph of each Directors
Place of Business Proof (any one) + NOC (if any)
Electricity Bill
Mobile Bill
Landline Bill
Gas Bill
Any other document specially required by ROC (if any)
* Special Requirement in case of Foreign National: Passport Copy of each Foreign Director (mandatory)
Steps Involved in Private Limited Company Incorporation in India
The process for registering a private limited company in India involves simple three steps…
Application for company Name Reservation
DSC (Digital Signature) of directors / Share Holders
Application for Certificate of Incorporation by submitting Final Documentation including application for DIN, PAN & TAN
Timeline for Company Registration in India
It takes 15 to 20 working days (approx.) to complete Private Limited Company Registration procedure. Timeline may vary depending on replies from ROC department.
