A Private Limited Company (PLC) is a business structure in India registered under the Companies Act, 2013. It is a separate legal entity with limited liability, meaning shareholders’ assets are protected, and their liability is limited to the amount of their share capital. A PLC requires at least two shareholders and two directors, with a maximum of 200 shareholders. It offers flexibility in management, restricted share transfer, and no public trading of shares, ensuring privacy and control. Ideal for startups and small businesses, it provides credibility, perpetual succession, and access to funding while ensuring compliance with regulatory requirements.
A Private Limited Company (PLC) in India offers numerous benefits. It provides limited liability, protecting shareholders’ assets from business debts. The company enjoys perpetual succession, continuing operations despite changes in ownership. A PLC enhances credibility, attracting investors and clients due to its structured governance. Restricted share transfers ensure control remains with founders. It allows easier access to funding through equity investments or loans. With a separate legal entity status, it can own assets and enter into contracts independently. Ideal for startups and SMEs, a PLC combines flexibility, privacy, and compliance with regulatory standards, fostering long-term growth and stability
Documents required for a Private Limited Company:
To register a Private Limited Company in India under the Companies Act, 2013, the following documents are required:
Identity Proof of Directors/Shareholders: PAN card and Aadhaar card for Indian nationals; passport for foreign nationals (apostilled/notarised if applicable).
Address Proof of Directors/Shareholders: Recent utility bill (electricity, water, or gas), bank statement, or driving license (not older than two months).
Digital Signature Certificate (DSC): For all directors and subscribers for e-filing on the MCA portal.
Director Identification Number (DIN): For all directors, obtained via Form DIR-3 or SPICe+.
Memorandum of Association (MoA): Outlines company objectives and scope.
Articles of Association (AoA): Defines internal rules and management.
Proof of Registered Office: Rental agreement, sale deed, or No Objection Certificate (NOC) from the landlord, plus a recent utility bill (not older than two months).
Affidavit from Subscribers: Declaring willingness to become shareholders.
Name Approval: Approval letter if the company name includes restricted words or trademarks.
Private Limited Company Registration
Register your Private Limited Company@Just 2,499/- (Exclusive Govt. Fee)