As per Section 2(68) of the Companies Act, 2013, a private limited company is a small firm or corporation privately held by a limited number of investors, owners, or shareholders. These companies are easily identifiable as they are required to use “Private Limited” as a suffix after the corporation's name.
To register a private limited company in Maharashtra, the following criteria must be met:
Registering a Private Limited (Pvt Ltd) Company is one of the most common and widely chosen forms of business entities in Maharashtra. As of January 2022, there were over 1.43 million companies registered in India, with many opting for the Pvt Ltd structure due to its flexibility and ease of raising equity financing.
Below are the key features of a Private Limited Company in Maharashtra that make it a popular choice:
A private limited company can be formed with a minimum of two shareholders and a maximum of 200 shareholders.
Shareholders have limited liability, meaning if the company faces financial losses, the shareholders are only liable to pay back the amount they invested in the company. This protects personal assets from business risks.
Private limited companies allow shareholders to transfer shares easily and freely between themselves. This enhances flexibility and business adaptability.
A major advantage of a private limited company is legal perpetuity. The company continues to exist even if one of the shareholders dies, becomes insolvent, or files for bankruptcy. This ensures business stability over time.
Private limited companies are eligible to raise Foreign Direct Investment (FDI), which can provide access to international funding and growth opportunities.
If you have plans for expansion, growth, or high investment opportunities, registering a private limited company is the ideal option. A Private Limited Company Registration offers numerous advantages, especially if you’re aiming for business expansion, strategic investments, or international opportunities. Learn how you can register your company in Maharashtra today with JustStart!
Starting a Private Limited Company in Maharashtra requires careful attention to certain criteria and compliance with the Companies Act, 2013.
Below is the essential checklist for incorporating your Private Limited Company successfully:
✅ Minimum Two Directors
✅ Registered Office Address
✅ Capital Structure
There is no minimum capital requirement for a Private Limited Company. Shareholders can contribute any amount of capital as per their financial planning.
While registering a Private Limited Company, understanding the concept of Authorized Capital and Paid-Up Capital is vital:
Having the right documentation and understanding these requirements can streamline the registration process. With JustStart, you don’t have to navigate this complex process alone. Our team ensures your Private Limited Company registration in Maharashtra is completed accurately and efficiently, following all government norms.
To ensure a smooth and hassle-free Private Limited Company registration in Maharashtra, the following documents are required. These documents are categorized based on the requirements for directors and the company’s registered address.
For the Company
✅ PAN Card
✅ Passport Size Photo
✅ Identity Proof
✅ Residential Proof
For the Company
✅ Utility Bill:
✅ Rent Agreement:
✅ Owner’s NOC (No Objection Certificate):
Incorporating a Private Limited Company in Maharashtra is a straightforward process when guided by experts. With the right documentation and adherence to legal requirements, you can register your company online in just a few steps.
Submit the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form for name reservation.
A Digital Signature Certificate (DSC) is mandatory for signing all electronic forms submitted to the MCA.
JustStart can help you obtain DSCs through an authorized certifying authority.
Once the information and documents are ready, the following forms need to be filed:
The MCA reviews the submitted forms and, upon approval, issues:
Upon successful verification by the MCA, the company will receive its Certificate of Incorporation, marking its official establishment.
The entire process can be completed within 7–10 working days, provided all required documents are submitted accurately and on time.
At JustStart, we specialize in simplifying the Private Limited Company registration process in Maharashtra. Let us handle the paperwork, ensure compliance, and guide you every step of the way.
When it comes to registering a Private Limited Company in Maharashtra, having expert legal assistance can simplify the process and ensure compliance. At JustStart, we specialize in making company registration seamless and stress-free for our clients.
There is no minimum capital requirement to start a private limited company in Maharashtra as specified in the Companies Act.
Authorized Capital is the highest amount of money a company can collect by selling shares, according to its rules and the Paid-up Capital is the actual money that shareholders have given to the company for those shares.
The Director Identification Number (DIN) is a unique number given to anyone who wants to be a director of a company in India. It helps keep track of all directors.
A Digital Signature Certificate (DSC) is an electronic form of a signature used to verify the identity of the person signing digital documents.Anyone who needs to sign digital documents, such as company directors, business owners, or professionals filing government forms online, should obtain a DSC.
Yes, you can use your home address as your company’s official address, as long as it’s okay with the rules and can handle any mail or notices the company gets.
Yes, a private company can handle different businesses or activities. It can have several types of businesses under one company name, as long as it follows the rules and regulations for each type of business.
The Mandatory compliances for a private limited company in Maharashtra include filing annual returns, maintaining statutory registers, holding annual general meetings (AGMs), filing income tax returns, and following Company Law requirements.
The Registrar of Companies (ROC) is a government official responsible for overseeing and regulating the registration, compliance, and legal matters of companies and limited liability partnerships in a specific region or state.
Registering a Private Limited Company in Maharashtra gives you limited liability, so you’re only responsible for what you invest. It also makes your company look more trustworthy, helps you raise money more easily, and provides tax benefits.
Yes, a Private Limited Company in Maharashtra needs a real physical address where it can receive mail and official documents. This address can be a business or home address.
Yes, NRIs (Non-Resident Indians) and foreign nationals can become directors of a Private Limited Company in Maharashtra. However, at least one director must be a resident of India.
A Digital Signature Certificate (DSC) is an electronic way of signing documents to verify your identity online
A director is responsible for managing and making decisions for the company, while a shareholder owns shares in the company and has a stake in its profits.
A Private Limited Company in Maharashtra needs GST registration if its turnover exceeds the threshold limit or if it sells taxable goods or services.
A Private Limited Company in Maharashtra needs at least two directors for registration
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