Business Incorporation Services

Simplifying the process of incorporating private limited companies in India for seamless business operations.

Easy Company Registration

Register your private limited company quickly and efficiently with our expert assistance.

Compliance and Support

Ensure your business meets all legal requirements with our comprehensive compliance support services.

Expert Consultation Services

Get professional advice for your business incorporation and growth strategies tailored to your needs.

📜 Private Limited Company Incorporation in India (or similar systems)

1. Meaning of Private Limited Company

• A Private Limited Company (Pvt Ltd) is a type of privately held business entity.

• Owners have limited liability to their shares.

• It restricts the number of shareholders (usually up to 200).

• It cannot publicly trade shares.

🏗 Steps for Incorporation

Step 1: Obtain Digital Signature Certificate (DSC)

• Required for all proposed Directors.

• Documents needed:

  • Passport-sized photo

  • PAN Card

  • Address proof (Aadhaar, Passport, Voter ID, etc.)

Step 2: Apply for Director Identification Number (DIN)

• Every Director must have a DIN (can apply during SPICe form filing now).

Step 3: Name Approval (RUN service)

• Suggest two names in order of preference.

• Names should comply with Companies Act, 2013 (no resemblance with existing company names, trademarks, etc.).

• Registrar of Companies (RoC) approves the name.

Step 4: Drafting of Incorporation Documents

• Memorandum of Association (MoA): Main objectives of the company.

• Articles of Association (AoA): Internal rules and regulations.

Step 5: Filing for Incorporation (SPICe+ Form)

• The SPICe+ (Simplified Proforma for Incorporating Company electronically) form includes:

  • Company incorporation

  • DIN allotment

  • PAN and TAN allotment

  • EPFO, ESIC, Professional Tax Registration

  • Bank Account Opening

• Required documents:

  • Proof of registered office address

  • Utility bills (electricity bill, water bill)

  • Identity proofs of Directors and shareholders

Step 6: Certificate of Incorporation (CoI)

• Issued by RoC after successful verification.

• Contains CIN (Corporate Identification Number).

📑 Post-Incorporation Compliance (Initial)

1. Opening of Bank Account

   • In the name of the company (mandatory for business operations).

2. Capital Injection

   • Shareholders must deposit subscription money into the bank.

3. Issue Share Certificates

   • Within 60 days of incorporation.

4. Appointment of Auditor

   • Appoint a Chartered Accountant (CA) within 30 days.

5. Commencement of Business Form (INC-20A)

   • File within 180 days (after bank account is active and subscription money deposited).

🛡 Annual and Event-Based Compliances

TypeDetailsAnnual ROC Filings- Form AOC-4: Filing Financial Statements
- Form MGT-7: Filing Annual ReturnBoard MeetingsMinimum 2 board meetings per year (for small companies).AGMAnnual General Meeting: Within 6 months from end of financial year.Income Tax Return (ITR)Mandatory even if there is no income.Statutory RegistersMaintain Registers (Members, Directors, Charges, etc.).Event-Based ComplianceWhenever changes happen (e.g., change in Directors, Registered Office, Shareholding). Must inform RoC.Accounting RecordsMust be maintained as per Companies Act & Accounting Standards.

📈 Advantages of Private Limited Company

• Limited Liability Protection

• Separate Legal Entity

• Easier to raise funds (VCs, Angel Investors prefer Pvt Ltd structure)

• Greater credibility

• Perpetual Succession

⚠️ Penalties for Non-Compliance

• Heavy penalties and fines for late filings.

• Directors may be disqualified if continuous non-compliance.

📋 Summary Checklist

Task Timeline

Obtain DSC and DINBefore Incorporation

Name ReservationBefore Filing SPICe+

File SPICe+ FormIncorporation Phase

Open Bank AccountAfter CoI

File INC-20AWithin 180 days

Appoint AuditorWithin 30 days

File AOC-4, MGT-7Every year

Hold AGMEvery year