EasyBiz360 FAQs

Frequently Asked Questions

Everything you need to know about Private Limited Company Registration in India.

The name must be unique and not identical or deceptively similar to existing company names or registered trademarks. Avoid offensive or restricted words unless you obtain government permission. Include the suffix “Private Limited” and follow Companies Act naming conventions. Check availability on the MCA portal and consider a trademark search.

Typically 5–15 working days after submission of complete documents and digital signatures. Delays can occur for name approvals, DIN/DSC issues, or ROC queries.

No. The process is generally completed online using DSC and scanned documents. Some notarisation or NOC formalities may require physical signatures.

Identity proof, address proof, passport-size photos, registered office proof, NOC (if rented), DSC/DIN details, MoA and AoA drafts, and additional attestation for foreign nationals where applicable.

Yes. It is a separate legal entity and continues irrespective of changes in ownership or directors until legally wound up.

Yes. Statutory audit is generally required every financial year by a Chartered Accountant, subject to applicable legal provisions.

MoA defines the company’s constitution and objectives, while AoA contains the internal management rules.

Current law allows incorporation with one director in certain cases, though many private limited companies commonly have two directors.

There is currently no prescribed minimum paid-up capital.

Yes. Directors may also receive salary if appointed and remunerated in accordance with law.

Yes, subject to the prescribed MCA conversion procedure.

Yes. A residential address can be used as the registered office with valid proof and NOC where required.

Yes, provided they complete the required legal formalities.

Yes, subject to DIN, DSC, identity verification, and FEMA/RBI requirements where applicable.

Private companies restrict share transfers and public fundraising, whereas public companies may invite investments from the public.

Typically two shareholders, though One Person Company provisions allow one shareholder in eligible cases.

Director Identification Number is a unique number allotted to company directors.

A Digital Signature Certificate is used for securely signing MCA forms electronically.

Costs depend on government fees, stamp duty, DSC, DIN, and professional charges.

The Registrar of Companies registers companies and oversees statutory compliance.

Immediately after incorporation.

Only if applicable based on turnover or business activities.

It is the official address for legal notices and ROC communications.

Within 30 days of incorporation.

Mandatory company records maintained physically or electronically as permitted.

Annual returns and financial statements must be filed within prescribed MCA timelines.

Generally yes, unless exemptions apply.

Yes, subject to FEMA/RBI regulations and sectoral conditions.

Through board/shareholder approvals and in accordance with the Articles of Association.

Authorised capital is the maximum capital the company can issue; paid-up capital is what shareholders actually contribute.

Yes, through MCA approval and the required resolutions.

Late fees, fines, and other legal consequences may apply.

Yes, subject to the legal strike-off process.

By following the voluntary winding-up or legal closure procedure and completing ROC filings.