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What Is aPrivate Limited Company?
A Private Limited Company (Pvt Ltd) is a business entity under the Companies Act, 2013, where liability of shareholders is limited to the value of shares held. It offers the benefits of a separate legal identity, perpetual succession, and enhanced credibility in the eyes of investors, banks, and customers.
This structure is preferred by startups and growing enterprises because it enables capital raising, clear corporate governance, and legal protection for owners.
At Avibha Legal, we manage every step of formation — from name approval, drafting MOA/AOA, to incorporation and compliance — so you can focus on growing your business.
Why Choose aPrivate Limited Company?
Limited Liability for Shareholders
Owners’ personal assets are protected; liability is limited to the amount invested in shares.
Separate Legal Existence
The company is a distinct legal entity capable of owning property, entering contracts, and suing or being sued.
Ease of Raising Capital
Attract investors, issue equity, and raise venture funding more easily than proprietorships or partnerships.
Transferability of Shares
Ownership can change hands via share transfers, simplifying succession and exit planning.
Enhanced Professional Credibility
A registered company structure inspires greater trust among banks, clients, and suppliers.
Perpetual Succession & Continuity
The company continues regardless of changes in shareholders or directors, ensuring business stability.
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Eligibility Criteria forPrivate Limited Company
To incorporate a Private Limited Company, you need to satisfy certain conditions:
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Minimum 2 directors and 2 shareholders (they may overlap)
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At least one director must be a resident of India
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Unique and permissible company name ending with “Private Limited”
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Valid registered office address in India
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All directors must have DIN (Director ID Number) and DSC (Digital Signature Certificate)
What’s Included in Our Service?
Avibha Legal’s incorporation package ensures you get:
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Name approval & finalization
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Drafting of MOA & AOA
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Filing SPICe+ / MCA incorporation forms
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Assignment of DIN, PAN & TAN
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Post-incorporation compliance guidance & support
DocumentsRequired
A proper document set ensures a smooth incorporation process. Commonly needed documents include
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PAN & Aadhaar / identity proofs of directors
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Address proofs of directors (utility bills, passport)
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Proof of registered office (lease/rent agreement, utility bill)
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No Objection Certificate (NOC) from property owner (if rented)
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PAN card, photographs of directors
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MOA & AOA draft
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DSC & DIN documents for directors
Our Step-by-StepPvt. Ltd. Registration Process
Avibha Legal handles end-to-end Pvt. Ltd. incorporation so you get a compliant, investment-ready company without administrative hassles.
Step 1: Consultation & Structure Planning
We assess your business model, shareholding plan and compliance needs to recommend the optimal company structure.
Step 2: Obtain DSC & Director IDs
We help secure Digital Signature Certificates and Director Identification Numbers for proposed directors required for online filings.
Step 3: Name Reservation & Approval
We propose compliant name options, run trademark checks, and file for name approval under MCA guidelines.
Step 4: Drafting MOA & AOA
Our team prepares tailored Memorandum & Articles of Association defining your company’s objectives, rules, and governance.
Step 5: Filing Incorporation Forms
We submit SPICe+ and related forms, attach required declarations and documents, and manage follow-up with the Registrar until incorporation.
Step 6: Post-Incorporation Support
After incorporation we assist with PAN/TAN, bank account setup, GST/other registrations, and initial compliance advisory.
Risks & Limitations of aPrivate Limited Company
While Pvt Ltd has many benefits, be aware of:
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Higher Compliance Requirements — Regular ROC filings, audits, board meetings etc.
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Costly Maintenance — Statutory and professional costs may be higher.
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Regulatory Oversight — More scrutiny by regulatory authorities.
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Limited Number of Shareholders — Cannot exceed 200 unless converted to public company.
Why Choose Avibha Legal for Pvt Ltd Registration?
Work with experts who deliver accuracy, speed & trust:
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Deep expertise in corporate law & company formation
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End-to-end handling: incorporation to compliance
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Transparent pricing & clean documentation
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Dedicated support through process and beyond
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Trusted by startups & established firms alike
“Avibha Legal handled our Pvt Ltd setup flawlessly — from name approval to bank account integration.”
FAQsPrivate Limited Company
Can a single person be a director & shareholder?
Yes, but you still need a minimum of two directors legally.
How long does incorporation take?
Typically 7–10 business days upon document readiness and ROC approval.
Is minimum capital required?
No mandatory minimum capital — earlier ₹1 Lakh rule was removed.
Can foreign nationals be directors?
Yes, subject to RBI / FEMA and regulatory compliance.
When is GST registration required?
If turnover exceeds threshold limits or for interstate supplies.
Can I convert Pvt Ltd to LLP later?
Yes — with proper legal compliance and filings.