Private Limited Company Registration & Annual Compliance

Private Limited Company Registraton

A Private Limited Company is another popular form of business entity that offers limited liability for its shareholders but restricts the right to transfer its shares. A foreign citizen or a resident can become a director in the company if there is atleast one resident director in the company formation.

Key Features of a Private Limited Company Registration

v  It is a separate legal entity

v  Pvt Ltd Company Registration can be done with just 2 shareholders

v  The maximum number of shareholders can be 200

v  Shareholders can be natural persons or body corporate, Indian or Foreign citizens/residents and shareholding is subject to FDI norms

v  It can be formed with just two directors

v  The maximum number of directors can be 15

v  The directors must be natural persons, can be Foreign citizen/resident - but atleast one director should have lived in India for atleast 182 days in the previous calendar year

v  The shareholder and director can be the same person

v  The liability of shareholders is limited

v  Minimum authorized and subscribed share capital required for an OPC is Rs. 2


Taxation of a Registered Pvt Ltd Company

For AY 2017-18,tax rate for a registered Pvt Ltd Company is 30%. If turnover or gross receipt of the company does not exceed Rs. 5 crore, then tax rate is 29% There is a surcharge of 7% or 12% (depending on turnover) on the tax amount. Further,there is an education cess and secondary and higher education cess of 3% on tax and surcharge amount. Provisions of MAT also apply.


Annual ROC Compliance for Private Limited Company Registration

A Private Limited Company has to file annual returns with the Registrar of Companies (ROC) listed as below:

v Form ADT-1 (appointment of auditor)

v Form MGT-7 (Statement of Disclosure of Shareholders and Directors)

v Form AOC-4 (Annual Accounts of Companies before 30th October every year)

    ^ Profit and Loss Account

    ^ Balance Sheet

    ^ Cash Flow Statement (Not required for small co.s)

    ^ Statement of changes in equity


How the business is registered as a Private Limited Company?

v  Obtain DSC and DIN for the proposed director(s)

v  Get the proposed name approved for the Pvt Ltd. Co.

v  Apply for Private Limited Company Registration including PAN/TAN of the company using SPICe Incorporation Forms

Documents we require from you for Pvt Ltd Company Registration


Proof of Identity, Residence proof, PAN, Adhaar and photograph of proposed director(s)

v  Proof of Identity, Residence proof of member shareholder if different from director

v  Proof of Office address (Conveyance/ Lease deed/Rent Agreement etc. along with rent receipts)(if communication address is registered address)

v  Copies of Utility Bills not older than 2 months

v  Affidavit and declaration by first Director/ subscribers


What you get after Company Formation?


v Certificate of Incorporation of Private Limited Company

v 2 DSC and 2 DIN for the directors

v PAN and TAN of the company

Our fees and time taken

Fees – Rs. 16,900/-  (including govt. fees and stamp duty upto a certain limit)

Time Taken – 15-20 days (if all documents are available)

Private Limited Company Registration Blog Articles


Refer to our popular Blog Articles related to Pvt Ltd Company Registration

1. Regisration of a Pvt Ltd Company 

2. Compliances for a Pvt Ltd Company