• No Minimum Paid-up Capital:

  Private Limited Company can be established with a minimal authorized share capital of just ₹ 10,000.

• Separate Legal Entity:

  A Private Limited Company is a distinct legal entity, ensuring that the company's assets and liabilities are separate from those of its shareholders.

• Limited Liability:

  Limited liability safeguards personal wealth. Investors risk only their investment; fully paid shares insulate personal assets from company debts.

• Tax Benefits:

  Eligible startups can enjoy a 3-year tax holiday within a 7-year block. They

• Funding & Foreign Investment:

  Private limited companies attract more funds via equity, debt, and FDI, boosting growth and investor appeal.

• Limited Access to Capital:

  Private firms, unlike public ones, can't publicly sell shares, limiting capital to a smaller investor pool and hindering growth.

• Compliance Formalities:

  Indian private firms face strict rules: filings, meetings, registers. Failure leads to penalties, even closure, plus labor and tax risks.

• Higher Compliance Cost

  Private limited companies face significant initial and ongoing costs due to regulatory compliance and filings.

Pre Incorporation Checklist:

• Company Object
• Apply a pre-approved name from the RoC or a unique, compliant name for your company
• Proof of Identity & Address for all Directors & Share Holders
• Proof of Registered Office
• DSC for all designated Directors & Share Holders
• EPFO Authorized Signatory
• Ensure SPICe+ forms are true before submission

• Certificate of Incorporation
• e-MOA (e-Memorandum of Association)
• e-MOA (e-Articles of Association)
• Company PAN & TAN
• First Board Meeting - within 30 days of registration
• Company Current Account
• Appointment of First Auditor - within 30 days of registration
• Commencement of a Business - within 180 days of registration.
• Annual General Meeting (AGM) - within nine months of the closure of the initial financial year.