A Private Limited Company (Pvt Ltd) is the most popular business structure for entrepreneurs and startups in India. Governed by the Companies Act 2013 and regulated by the Ministry of Corporate Affairs (MCA), a Pvt Ltd company offers limited liability protection to its shareholders, making it ideal for businesses seeking growth, investment and long-term credibility.
SPOTON Business Solutions handles the complete incorporation process — from obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) to filing the SPICe+ form and receiving your Certificate of Incorporation, typically within 7–10 working days.
Key Benefits
Limited LiabilityShareholders are liable only up to their share value — personal assets are protected.
Easy to Raise FundingPreferred by investors and VCs; can issue equity shares to raise capital.
Separate Legal EntityCompany exists independently of its owners — can own property, sue and be sued.
Perpetual SuccessionCompany continues to exist even if directors or shareholders change.
Credibility & TrustA registered Pvt Ltd company is trusted by clients, banks and government agencies.
Foreign InvestmentForeign nationals and NRIs can become directors and shareholders.
Eligibility & Requirements
Minimum 2 directors (maximum 15)
Minimum 2 shareholders (maximum 200)
At least one director must be an Indian resident
A director can also be a shareholder
Registered office address in India
No minimum paid-up capital requirement
Step-by-Step Process
1
Apply for DSC
Digital Signature Certificates for all proposed directors — required for online MCA filings.
2
Obtain DIN
Director Identification Number for each director from the MCA portal.
3
Name Reservation
Reserve your company name via RUN (Reserve Unique Name) on the MCA portal.
4
Draft MOA & AOA
Prepare Memorandum of Association and Articles of Association defining company objectives and rules.
5
File SPICe+ Form
Submit the integrated incorporation form online to the MCA along with all supporting documents.
6
Certificate of Incorporation
MCA issues the Certificate of Incorporation with CIN — your company is now legally registered.
Documents Required
PAN card of all directors and shareholders
Aadhaar card / Passport / Voter ID of all directors
Latest bank statement or utility bill (address proof)
Passport-size photographs of all directors
Proof of registered office (rent agreement or ownership document + utility bill)
NOC from the property owner (if rented)
Proposed company name and business objectives
Need help gathering documents? Our team will send you a personalised checklist and guide you through document preparation — just WhatsApp or call us.
Frequently Asked Questions
The typical timeline is 7–10 working days from submission of all documents. SPOTON expedites the process by preparing documents correctly the first time, avoiding MCA rejections.
There is no minimum paid-up capital requirement under the Companies Act 2013. You can incorporate with ₹1 as authorised capital, though ₹1 lakh is commonly used.
Yes. Foreign nationals can become directors and shareholders. However, at least one director must be an Indian resident. Companies with foreign investment must comply with FEMA regulations.
A Private Limited Company is regulated by the Companies Act 2013 (MCA), offers equity-based ownership, and is preferred for investment-backed businesses. An LLP is governed by the LLP Act 2008, has more flexible management, and is preferred for professional services firms.
A Pvt Ltd company must file annual returns (MGT-7), financial statements (AOC-4), hold AGMs, maintain statutory registers, and comply with income tax and GST requirements. SPOTON provides ongoing compliance management.
