Private Limited Company

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overview

What is Private Limited Company?

A Private Limited Company is India’s most popular business structure for startups and growing ventures — and for good reason. It gives you limited liability protection (your personal assets are never at risk), a separate legal identity, and significantly greater credibility with banks, investors, and clients.

Whether you’re building a tech startup, launching a product company, or scaling a service business, registering as a Private Limited Company creates a solid legal foundation from day one. Laams Tax Consultancy handles the entire process — from name reservation to your Certificate of Incorporation — so you can focus on building your business.

💡 Did you know? If you want to start a scalable business, attract investors, or build a strong corporate identity, registering a Private Limited Company is one of the most preferred business structures in India.

Benefits

Registering a Private Limited Company offers strong legal protection and credibility, making it ideal for startups and growing businesses.

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Limited Liability Protection

Your personal assets are fully protected — business debts and liabilities never affect your private finances.

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Lower Corporate Tax Rates

Eligible startups can benefit from tax rates as low as 15% under the Startup India scheme.

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Investor-Ready Structure

Private Limited Companies can issue shares, attract angel investors, and raise venture capital — something partnerships cannot do.

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Separate Legal Identity

The company can own assets, enter contracts, and sue or be sued independently of its directors.

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Startup Cost Deductions

Incorporation-related and professional service expenses are tax-deductible under the Income Tax Act.

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MAT Credit Carry Forward

Companies paying Minimum Alternate Tax (MAT) can carry forward the credit for up to 15 years.

Documents Required

Document Checklist

Preparing the necessary documents ensures a smooth and faster company incorporation process.

Registration Process

How We Register Your Private Limited Company

1

Obtain Digital Signature Certificate (DSC)

All proposed directors must get a DSC to sign digital forms. Laams handles the entire online application and issuance.

2

Apply for Director Identification Number (DIN)

Each director needs a unique DIN issued by the Ministry of Corporate Affairs. We apply digitally for faster processing.

3

Reserve Your Company Name (RUN Portal)

We help you select and submit up to two unique business names on the MCA RUN portal, ensuring they comply with naming guidelines.

4

Draft MOA & AOA

Our legal team drafts your Memorandum and Articles of Association tailored to your business goals and operations.

5

File SPICe+ Form

We submit the integrated SPICe+ form covering company incorporation, PAN, TAN, EPFO, ESIC, and optional GST registration — all in one application.

6

Receive Certificate of Incorporation

Once the ROC approves your application, you receive your Certificate of Incorporation, CIN, PAN, and TAN within a few working days.

FAQ

Frequently Asked Questions

A Private Limited Company requires a minimum of 2 directors and 2 shareholders, and can have a maximum of 200 shareholders. One person can be both a director and shareholder.

With complete documents, registration typically takes 7 to 10 working days. Laams streamlines the process to avoid unnecessary delays.

Yes, subject to obtaining a DIN and DSC. At least one director must be an Indian resident. Laams assists with the complete process for mixed-nationality teams.

GST registration is optional through SPICe+. You must register for GST separately once your turnover crosses the threshold or when you begin interstate trade.

After registration, you must file annual returns with the MCA, conduct board meetings, file income tax returns, and maintain proper books of accounts. Laams offers complete annual compliance support.