Private Limited Company Registration
Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014.
To register a private limited company, a minimum of 2 shareholders and 2 Directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.
AFINTERIO is the leading platform for services relating to company registration in India. AFINTERIO team can help you register a Private Limited Company in about 7- 10 working days, subject to government processing time and client document submission.
Get a free consultation for private limited company registration and business startup by scheduling an appointment with an AFINTERIO Expert.
Company Registration
Know more about Private Limited Company
Yes, you need a minimum of two directors for a private limited company. The maximum members can be 200. If you are the sole owner, you can register as a One Person Company.
Any individual/organization can become the member of the private limited company including foreigners/NRI. However, the individual must be 18+ above in terms of age and should have a valid PAN card.
The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail. Then get the company incorporation certificate from MCA via courier at the business address.
AFINTERIO experts can help incorporate a Private Limited Company within 7 – 10 business days. The time taken also depends on relevant documents provided by the applicant and speed of approvals from government. To ensure speedy registration, please pick a unique name for the proposed Company and make sure you have all the required documents prior to starting the registration process.
Yes, an NRI or Foreign National can become a Director in a Private Limited Company. They can get a DIN from Indian MCA. Also, they can be a majority shareholder in the company. But, at least one Director on the Board of Directors must be an Indian Resident.
You need to start the company with a minimum capital of Rs. 100,000 which can be utilized for business activities.