Private Limited Company Registration In India

Requirements For Private Limited Company Registration In India

1. Minimum of 2 Shareholder and 2 Director are required for a Pvt. Ltd. Company registration, where director and shareholder can be same.
2. Maximum limit on number of shareholder prescribed in Pvt. Ltd Company is 200.
3. Maximum number of Director in a private limited structure can be raised to 15 without any special resolution.
4. Unsecured Loan is allowed from Director and its relatives only.

Benefits Of Private Limited Company Registration

1. Private Limited Company Registration is comparatively fast (10-25 days varying state to state).
2. It’s easy to fetch funding in a private limited company by transferring of shares.
3. A private limited company is easy to convert in a Public Limited company at any stage subject to fulfillment of eligibility
   criteria.
4. Maintenance of Basic Compliances after registration of private limited company are comparatively simple.
5. There exists no Bar on Turnover and Capital in a private limited company structure unlike in One Person Company (OPC) .

Procedure In Online Private Limited Registration

1. DSC Of Director
2. DIN Of Director
3. Preparation of INC- 29
4. (which Includes Name reservation, various declaration, MOA/AOA Registration etc)
5. Wait for approval from ROC