How many people do I need to start a Private Limited Company?

You need at least 2 directors and 2 shareholders to start. Both roles can be held by the same individuals. There is no requirement to have separate investors, employees, or a physical office at the time of incorporation.

How long does it take to register a Private Limited Company in India?

With all documents in order, it takes 7 to 10 working days. The process involves name approval from MCA, getting Digital Signature Certificates, and filing the incorporation application. We manage the entire process so you never have to chase government portals yourself.

What is the minimum capital needed to start?

There is no minimum paid-up capital requirement in India. You can technically start with even Re 1. However, we recommend starting with at least Rs 1 lakh in authorized capital as it builds credibility with banks and clients.

What are the annual compliance requirements after registration?

Every Private Limited Company must file income tax returns, AOC-4 (financial statements) and MGT-7 (annual return) with ROC, hold an Annual General Meeting, and maintain statutory registers. Missing these filings attracts daily penalties of Rs 100 per form per day.

Can a non-resident Indian or foreigner be a director?

Yes. NRIs and foreign nationals can be directors in a Private Limited Company. However, at least one director must be an Indian resident, meaning someone who has stayed in India for at least 182 days in the previous calendar year.

What is the difference between authorized capital and paid-up capital?

Authorized capital is the maximum amount of shares your company is allowed to issue. Paid-up capital is the amount that has actually been invested by shareholders so far. You can have Rs 10 lakh authorized capital but only collect Rs 1 lakh as paid-up capital. The rest can be issued and collected later as needed.

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Service Details

Private Limited Company

Complete incorporation of private limited company with all compliance and tax setup.

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A Private Limited Company is the most popular and investor-friendly business structure for startups in India. It is a separate legal entity from its owners, meaning the company can own property, sign contracts, take on debt, and be held responsible for its actions completely independently from the founders. Your personal savings and property are fully protected from the company's liabilities. This structure is necessary if you plan to raise investment from angel investors or venture capital funds, as most investors will only fund a Private Limited Company. The registration process takes 7 to 10 working days when all documents are in order.

Who Needs This?

This service is essential for any founder who plans to raise external investment, hire a team, sign contracts with large corporate clients, or build a scalable business. If you are serious about building a venture-backed startup, want to offer ESOPs to employees, expect clients to require a registered company structure, or simply want to protect your personal savings and assets from business risks, a Private Limited Company is the most credible and investor-friendly business structure in the Indian startup ecosystem.

Key Benefits of Private Limited Company

Limited liability for shareholders

Your personal assets are completely separate from the company's liabilities. Even if the business fails or faces a lawsuit, creditors cannot legally come after your personal savings, home, or other investments. This protection is the most fundamental advantage of the Private Limited structure.

Professional business structure

A Private Limited Company with an MCA registration number, a PAN, and a Certificate of Incorporation carries immediate professional credibility with banks, large clients, government agencies, and investors. Many enterprises and government entities only work with registered companies.

Startup India recognition eligible

Only incorporated companies are eligible for DPIIT Startup India recognition, which unlocks a 3-year income tax exemption, angel tax waiver, and 80% discount on patent fees. Registering as a Private Limited Company is the prerequisite for accessing these significant government benefits.

Easier fundraising and investment

Angel investors, seed funds, and venture capitalists invest almost exclusively in Private Limited Companies. Equity investment, convertible notes, SAFEs, and ESOPs are all legal instruments that only a Private Limited Company can properly issue and manage.

Tax planning flexibility

A Private Limited Company has significantly more tax planning options than a proprietorship or partnership. Founder salaries, business expenses, R&D deductions, depreciation claims, and Section 80-IAC tax holidays are all tools available exclusively to registered companies with proper accounting.

Eligibility & Requirements

Who Qualifies?

Eligibility criteria you must meet

Minimum 1 director (resident Indian preferred)

Minimum 1 shareholder

Minimum paid-up capital as per requirements

What You Need

Key information and items to prepare

PAN for all directors and shareholders

Unique company name

Registered office address

Authorized capital details

Not sure if you qualify? Our team will assess your specific situation during a free consultation and advise the best path forward at no cost.

Documents Required

Essential Documents

Identity and address proof of directors
Shareholder details and capital contribution
Business objectives and registered office proof
Consent to act as director
Incorporation fees payment proof

What You'll Receive

Certificate of Incorporation from MCA
DIN for all directors
Digital Signature Certificates (Class 3)
Certified copies of MoA & AoA
PAN and TAN certificates

Step-by-Step Process

Here is exactly what happens from start to finish when you work with us.

Name Verification & RUN Filing

We check the availability of your proposed company name on the MCA portal and file the Reserve Unique Name (RUN) application. The name must not be identical or confusingly similar to any existing company name, LLP, or registered trademark.

DSC & DIN Procurement

Every director needs a Class 3 Digital Signature Certificate (DSC) and a Director Identification Number (DIN). We manage the complete application for each director, typically completing this within 2 working days with proper Aadhaar e-verification.

Documentation Drafting

We draft a customized Memorandum of Association (MoA) defining your company's purpose and scope, and the Articles of Association (AoA) defining internal governance rules. Generic templates are avoided: your documents reflect your actual business objectives.

eMOP Filing

We prepare and submit the SPICe+ form (the main incorporation application) on the MCA portal with all director declarations, share capital details, and registered office proof. This single integrated form also simultaneously applies for PAN, TAN, and GST registration.

MCA Verification

MCA reviews the application and may raise queries or request additional documents. We respond to all queries within 24 to 48 hours to keep the process within the 7 to 10 day target timeline.

CoI Delivery

Once MCA approves, you receive the Certificate of Incorporation, PAN, TAN, and certified MoA and AoA. We deliver all documents with a post-incorporation compliance checklist so you know exactly what to do next in the first 30 days.

Why Choose MGA Group?

Certified Professionals

CA & CS qualified experts with 10+ years of experience

100% Compliance

Guaranteed adherence to all government regulations

Quick Turnaround

Fast processing without compromising quality

Dedicated Support

Personal account manager for your account

Digital Process

100% paperless and transparent workflow

Post-Service Care

Ongoing support and compliance guidance

Frequently Asked Questions

Ready to Get Started?

Don't let compliance and legal requirements slow you down. Our expert team is ready to handle everything while you focus on growing your business.

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