Private Limited Company Incorporation
End-to-end private limited, OPC and Section 8 company registration through SPICe+ — typically completed in 10-15 days.
What our Company Incorporation service covers
How the engagement works
Documents required
- → PAN and Aadhaar of all directors and subscribers
- → Passport-size photo of each director
- → Address proof (driving licence/voter ID/passport) of directors
- → Latest utility bill (electricity/telephone) for residence
- → Proof of registered office (rent agreement + NOC + utility bill)
- → Passport (for foreign directors)
- → Driving licence/voter ID + utility bill for proposed registered office
- → Director consent (Form DIR-2)
- → Self-declaration by subscribers (Form INC-9)
- → Specimen signatures
Private Limited vs OPC vs LLP — which structure?
| Feature | Pvt Ltd | OPC | LLP |
|---|---|---|---|
| Minimum members | 2 | 1 | 2 partners |
| Maximum members | 200 | 1 (member) + 1 nominee | Unlimited |
| Minimum directors | 2 | 1 | 2 designated partners |
| Capital requirement | No minimum (any amount) | No minimum (any amount) | No minimum |
| Audit | Mandatory | Mandatory | Above Rs 40L turnover or Rs 25L contribution |
| Annual compliance cost | High (ROC + audit + ITR + GST) | High | Medium |
| Foreign investment | Automatic route (most sectors) | Allowed | Sector-specific restrictions |
Authorised vs Paid-up capital
The Companies Act 2013 removed the minimum paid-up capital requirement. You can incorporate with as low as Rs 1 paid-up. However, authorised capital determines the maximum capital the company can issue without ROC approval. Stamp duty on authorised capital varies by state — in Delhi, it is Rs 200 + 0.15% of authorised capital subject to a cap.
Post-incorporation compliance checklist (first 30 days)
- Bank account opening with COI, PAN, MOA/AOA, board resolution
- Share allotment to subscribers within 60 days
- Issue of share certificates within 60 days, with stamp duty
- First board meeting within 30 days; appointment of statutory auditor within 30 days
- Statutory registers opened: Register of Members, Directors, Charges
- INC-20A (commencement of business declaration) filed within 180 days
- Display board at registered office (name, CIN, PAN, GSTIN)
- Letterheads & invoices to mention CIN and registered office address
Frequently asked questions
What is the minimum capital for incorporating a private limited company? +
There is no minimum paid-up capital requirement under the Companies Act 2013. You can incorporate with even Rs 1 paid-up capital. However, the authorised capital on which stamp duty is paid is typically set at Rs 1 lakh or Rs 10 lakh based on intended business scale.
Can a foreign citizen or NRI be a director or shareholder? +
Yes. A private limited company requires at least one resident director (stayed in India for at least 182 days in the previous calendar year). Other directors can be NRIs or foreign citizens. Foreign shareholders are allowed in most sectors under the automatic route under FEMA. FDI sectoral caps must be checked.
How long does incorporation take? +
With complete documentation and Aadhaar-enabled DSC, the entire process takes 10-15 working days. Name approval: 1-2 days. DSC procurement: 1-2 days. SPICe+ Part B filing and ROC processing: 7-10 days. Bank account opening: 3-5 additional days.
Do I need an office address before incorporation? +
You need a registered office address at the time of incorporation (it can be a residential premise initially). The address must have utility bill proof and an NOC from the property owner. The company can change the registered office later through Form INC-22.
What annual compliance is required after incorporation? +
Annual compliances include: AOC-4 (financial statements, due 30 days from AGM), MGT-7/7A (annual return, 60 days from AGM), DPT-3 (return of deposits, 30 June), MSME-1 (half-yearly delays to MSME suppliers), board meetings (4 per year), AGM (within 6 months of FY-end), statutory audit, ITR, and any GST/TDS returns based on activity. See our ROC Annual Filing service.
What is the difference between SPICe+ Part A and Part B? +
SPICe+ Part A is for name reservation only (alternative to old RUN form). SPICe+ Part B is the combined incorporation form that includes DIN allotment, MOA/AOA, PAN/TAN application, GST registration, EPFO, ESI and bank account opening through linked services AGILE-PRO-S. You can file both Part A and Part B together, or Part A first and then Part B within 20 days.
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