Register your startup company as private limited with Online Legal India™ at the lowest Fees. Online Legal India is an MCA (Ministry of Corporate Affairs) & MSME registered company in India. Our experienced (10 Yrs+) CA/CS will draft & complete all the documentations on the same day.
Register your startup company as private limited with Online Legal India™ at the lowest Fees. Our experienced CA/CS will draft & complete all the documentations on the same day.
Private Limited Company in India is one of the most popular forms of business entities. Approximately 90% of companies in India are registered under this structure. It provides limited liability, perpetual existence, and separate legal entity status under the Companies Act, 2013.
Fastest Private Limited (Pvt. Ltd.) Company Registration In India | Same Day Process
Criteria | Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm |
---|---|---|---|---|---|
Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No |
Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
Separate Legal Entity | Yes | Yes | Yes | No | No |
Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
Ownership Transferability | Yes | No | Yes | No | No |
Uninterrupted Existence | Yes | Yes | Yes | No | No |
Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
Tax Rates | Moderate | Moderate | High | High | Low |
Statutory Compliance | High | Moderate | Moderate | Less | Less |
If a private limited company was in financial trouble and had to close, shareholders would not risk losing their personal assets.
Under the Startup India scheme you can avail benefits like fundraising support, subsidies for trademark registration, and more.
It is easier to subscribe or leave the membership of the company. Ownership transfer is simple and flexible.
The company’s value is based on the business, not the owner — making it easier to sell the business entity.
The company continues to exist beyond the life of its owners, until formally dissolved by law.
A company can raise capital by issuing shares or accepting public deposits — easier than other business types.
A company can own property in its own name. Shareholders have no rights over company property.
Companies are governed by the Companies Act, 2013, and must follow structured regulatory processes.
Companies may be taxed at a lower rate and enjoy better deductions compared to other entities.
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