Private Limited Company Registration Process Explained Simply
Registering a Private Limited Company is the most popular choice for entrepreneurs starting a business in India. It provides limited liability protection, a separate legal identity, and the ability to raise funding from investors. Thanks to the SPICe+ integrated filing system, the entire registration process is now online and can be completed in as few as 10 working days. This guide walks you through every step of the Private Limited Company registration process with clear explanations, timelines, and practical tips.
Step 1: Obtain Digital Signature Certificate (DSC)
The first step in registering a Private Limited Company is obtaining a Class 3 Digital Signature Certificate (DSC) for all proposed directors. Since all MCA filings are done electronically, the DSC serves as your digital identity for signing documents online.
How to Get a DSC
- Apply through an authorized Certifying Authority such as eMudhra, Sify, NSDL, or CDAC
- Submit your PAN card, Aadhaar card, email ID, and mobile number
- Complete video verification (introduced as a paperless alternative to physical verification)
- Receive your DSC on a USB token or as a downloadable certificate within 1 to 2 working days
Step 2: Reserve Your Company Name
Before filing for incorporation, you need to reserve a unique name for your company. MCA provides two methods for name reservation:
Method 1: RUN (Reserve Unique Name) Service
- Submit up to 2 name options through the MCA portal
- Fee: Rs. 1,000 per application
- Approval typically takes 2 to 3 working days
- Reserved name is valid for 20 days from approval
Method 2: SPICe+ Part A
- Reserve the name as part of the incorporation form itself
- Same fee and timeline as RUN service
- More efficient as it combines name reservation with incorporation filing
Company Name Guidelines
Your company name must follow MCA's naming rules to avoid rejection:
- The name should have 3 parts: Unique Name + Activity + Structure (e.g., "TechNova Solutions Private Limited")
- Must not be identical or similar to an existing company name or registered trademark
- Avoid restricted words like 'National', 'Government', 'Reserve Bank', 'Corporation', or 'Commission' unless government approval is obtained
- The name should not contain generic terms alone without a distinctive element
- Always search the MCA database and trademark registry before applying
Step 3: Apply for Director Identification Number (DIN)
Every director of a company must have a Director Identification Number (DIN), which is a unique lifetime identification number issued by MCA. The SPICe+ form now allows allotment of up to 3 DINs as part of the incorporation process, eliminating the need for a separate application.
DIN Requirements
- PAN card (mandatory for Indian directors)
- Aadhaar card or passport for identity verification
- Address proof (passport, voter ID, driving license, or Aadhaar)
- Passport-size photograph
- For foreign directors: valid passport and overseas address proof (apostilled or notarized)
Step 4: File SPICe+ Form (Incorporation Application)
The SPICe+ form is the main incorporation application that you submit to MCA. It is a comprehensive form that integrates multiple services into a single filing. SPICe+ has two parts:
SPICe+ Part A: Name Reservation
If you have not already reserved your name through RUN, you can do it through Part A. This part is optional if name reservation is already done.
SPICe+ Part B: Incorporation Details
This is the main incorporation form that includes:
- Company details: Name, type, category, and sub-category of the company
- Registered office address: Full address with supporting documents
- Capital structure: Authorized capital and paid-up capital details
- Director and subscriber details: Personal information, DIN, and shareholding of all directors and subscribers
- Memorandum of Association (eMoA): Filed as INC-33, defining the company's objects and authorized activities
- Articles of Association (eAoA): Filed as INC-34, defining the company's internal rules and governance
Documents to Attach with SPICe+
- Identity proof of all directors (PAN + Aadhaar or passport)
- Address proof of all directors (not older than 2 months)
- Passport-size photographs of all directors
- Registered office proof: Utility bill (electricity/water/gas), rent agreement, and landlord NOC
- Declaration by professionals (Form INC-9) from the CA/CS filing the application
- Consent of directors (Form DIR-2) from each proposed director
Step 5: Integrated Services in SPICe+
One of the biggest advantages of SPICe+ is that it bundles multiple registrations into a single application. Along with company incorporation, you automatically get:
| Service | What It Provides | Automatically Included |
|---|---|---|
| PAN Application | Permanent Account Number for the company | Yes |
| TAN Application | Tax Deduction Account Number | Yes |
| EPFO Registration | Employees Provident Fund registration | Yes (if applicable) |
| ESIC Registration | Employees State Insurance registration | Yes (if applicable) |
| GST Registration | Goods and Services Tax registration | Optional (via AGILE-PRO-S) |
| Bank Account Opening | Company bank account with selected bank | Optional (via AGILE-PRO-S) |
| Professional Tax | State professional tax registration (Maharashtra) | Yes (Maharashtra only) |
Step 6: Receive Certificate of Incorporation
Once MCA processes and approves your SPICe+ application, you will receive the Certificate of Incorporation (CoI) electronically. The CoI contains:
- Corporate Identity Number (CIN): A unique 21-digit identification number for the company
- Company Name: As approved and registered
- Date of Incorporation: The date from which the company legally exists
- PAN Number: Allotted to the company for tax purposes
- TAN Number: For TDS deduction purposes
The Certificate of Incorporation is your company's birth certificate. It proves that your company is a legally recognized entity under the Companies Act, 2013.
Step 7: Post-Incorporation Steps
After receiving the Certificate of Incorporation, you need to complete these essential steps to make your company fully operational:
- Open a Company Bank Account: Visit a bank with the CoI, PAN card, board resolution, and KYC documents of all directors to open a current account in the company's name
- File Form INC-20A: Declaration of Commencement of Business must be filed within 180 days of incorporation, confirming that subscribers have paid for their shares
- Appoint Statutory Auditor: File Form ADT-1 within 30 days of incorporation to appoint a Chartered Accountant as the company's auditor
- Issue Share Certificates: Issue physical or digital share certificates to all subscribers within 60 days of incorporation
- Maintain Statutory Registers: Set up the Register of Members, Register of Directors, Register of Charges, and Minutes Book
- Set Up Compliance Calendar: Mark all filing due dates for board meetings, annual returns, financial statements, and tax returns
Registration Timeline Overview
| Step | Duration | Cumulative Timeline |
|---|---|---|
| DSC Procurement | 1 to 2 days | Day 1 to 2 |
| Name Reservation (RUN/SPICe+ Part A) | 2 to 3 days | Day 3 to 5 |
| Document Preparation | 1 to 2 days | Day 5 to 7 |
| SPICe+ Part B Filing | 1 day | Day 7 to 8 |
| MCA Processing | 5 to 7 days | Day 12 to 15 |
| Certificate of Incorporation | Same day as approval | Day 12 to 15 |
Conclusion
The Private Limited Company registration process in India has become efficient and fully digital through the SPICe+ system. With proper preparation of documents, a well-chosen company name, and professional filing support, you can have your company registered in 10 to 15 working days. The key is to get your documents right the first time, follow MCA naming guidelines, and complete all post-incorporation steps promptly.
At IncorpX, we handle the complete registration process for you, from DSC procurement and name reservation to SPICe+ filing and post-incorporation compliance. Our team ensures error-free filing and guides you through every step so you can focus on building your business.