Private Limited Company

Type of Company Registration

Comparison
Private Limited Company
One Person Company
Limited Liability partnership
Regulate by Act
Companies Act 2013
Companies Act 2013
Limited Liability Act, 2008
Equity Funding
Easily Possible
Not Possible
Possible, but unlikely
Taxation
26%
26%
31.2%
Number of Shareholders
Minimum 2 Maximum 200
Only one
Minimum 2 Maximum – Unlimited
Separate Legal Entity
Yes
Yes
Yes
Limited Liability
Yes
Yes
Yes
Statutory Audit
Mandatory
Mandatory
If turnover exceed Rs.40 Lakhs
Statutory Compliances
Moderate
Moderate
Less
Foreign Participation / Investment
Allowed
Not Allowed
Allowed
Recommended for
Startups
Sole Proprietor
Professionals
Rs. 7499 + Taxes
Company Name Approval
Certificate of Incorporation
Current Bank Account*
PAN
TAN
2 DIN
eMOA
eAOA
(2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
Rs. 8999 + Taxes
Company Name Approval
Certificate of Incorporation
Current Bank Account*
PAN
TAN
2 DIN
eMOA
eAOA
PF Registration
ESI Registration
GST Registration
Rs. 12999 + Taxes
Company Name Approval
Certificate of Incorporation
Current Bank Account*
PAN
TAN
2 DIN
eMOA
eAOA
PF Registration
ESI Registration
GST Registration
Website**
Online Payment Gateway
(2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)

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