Private Limited Company Registration

There is no minimum paid-up capital requirement for Private Limited Company registration. You can start with any amount as per your business needs.

A minimum of 2 directors and 2 shareholders are required. Directors and shareholders can be the same persons. At least one director must be a resident of India.

Typically 15-20 working days, subject to government processing time and document approval. Name approval usually takes 2-3 days after submission.

Yes, a foreign national can be a director, but at least one director must be a resident of India (staying in India for at least 182 days in the previous financial year).

PAN card, Aadhaar card, passport-size photos, address proof (bank statement/electricity bill), and registered office proof (rent agreement/electricity bill with NOC from landlord).

The process involves obtaining DIN and DSC, name approval through RUN, drafting MOA and AOA, filing SPICe+ form with MCA, payment of registration fees, and receiving the Certificate of Incorporation. The entire process takes 15-20 working days.

Yes, NRIs can be both directors and shareholders in an Indian Private Limited Company. However, at least one director must be a resident of India. NRIs need to provide notarized copies of their passport and address proof.

Every Pvt Ltd company must file AOC-4 (financial statements) and MGT-7 (annual return) with MCA, hold board meetings quarterly, conduct an Annual General Meeting, file income tax returns, and get accounts audited by a CA. DIR-3 KYC is also required for all directors.

Late filing of AOC-4 and MGT-7 attracts a fee of ₹150 per day per form. Persistent non-compliance can lead to disqualification of directors under Section 164(2) and the company being struck off from the register of companies.