CA ALOK KUMAR

The total cost for Private Limited Company registration typically ranges from ₹8,000 to ₹25,000 depending on your authorized capital, state of incorporation (stamp duty varies), number of directors, and professional fees. This includes DSC (₹1,500–₹2,500 per director), name reservation via RUN (₹1,000), SPICe+ filing fee (₹0–₹2,000 for most startups), stamp duty on MOA/AOA, and professional charges. Use our Cost Estimator tool above for a personalized estimate.

A Private Limited Company is governed by the Companies Act 2013, requires minimum 2 directors and 2 shareholders, has mandatory annual audit, and can issue shares to raise equity funding from VCs and angel investors. An LLP is governed by the LLP Act 2008, requires minimum 2 designated partners, has no mandatory audit below ₹40 lakh turnover/₹25 lakh contribution, and cannot issue shares. LLPs have lower annual compliance costs but cannot raise equity funding. Choose Pvt Ltd if you plan to raise VC funding; choose LLP for professional services, consulting, or self-funded businesses.

With complete documentation, company registration via SPICe+ typically takes 7–15 working days. The breakdown: DSC procurement (1–2 days), name approval via RUN/SPICe+ Part A (1–3 days), SPICe+ Part B processing (5–7 days), and PAN/TAN generation (2–3 days). LLP registration via FiLLiP takes 10–15 working days including name reservation, incorporation, and LLP agreement filing via Form 3. Delays occur mainly due to incomplete documents or ROC queries.

Yes. NRIs and foreign nationals can incorporate both a Private Limited Company and an LLP in India. For a Pvt Ltd Company, at least one director must be an Indian resident (residing in India for at least 120 days in the previous financial year). For an LLP, at least one designated partner must be an Indian resident. Foreign nationals need a valid passport (apostilled/notarized), address proof from their home country, and a foreign DSC. FDI regulations under FEMA and RBI guidelines must be followed for foreign investment.

SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) is the integrated MCA form for company incorporation. It bundles 7 services into one application: (1) Company name reservation via RUN (Part A), (2) Incorporation certificate (Part B), (3) DIN allotment for up to 3 directors, (4) PAN allotment, (5) TAN allotment, (6) EPFO registration, and (7) ESIC registration. Along with SPICe+, AGILE-PRO-S is filed for GST registration (optional), shop establishment registration, and bank account opening mandate.

The LLP Agreement is the foundational legal document that governs the internal functioning of the LLP. It defines partner rights, duties, profit-sharing ratios, capital contributions, decision-making procedures, and dispute resolution mechanisms. It must be drafted on stamp paper (value varies by state), notarized, and filed with the ROC via Form 3 within 30 days of LLP incorporation. If not filed within 30 days, a late filing fee of ₹100 per day applies. We handle the complete drafting and filing process.

For a Private Limited Company: statutory audit (mandatory every year), filing AOC-4 (financial statements) and MGT-7/MGT-7A (annual return) with ROC, income tax return, GST returns (if registered), TDS returns (if applicable), DIR-3 KYC (annual director KYC), and board meetings. For LLP: Form 8 (Statement of Account & Solvency by 30th October) and Form 11 (Annual Return by 30th May). Non-filing attracts penalties of ₹100/day per form with no upper cap.

Yes. An LLP can be converted to a Private Limited Company by filing a fresh SPICe+ application with conversion documents under Section 366 of the Companies Act 2013. A Pvt Ltd Company can also convert to an LLP under Section 56 of the LLP Act 2008, subject to certain conditions: no security interest should be subsisting, all partners of the LLP should be shareholders of the company, and ROC approval is required. We handle end-to-end conversion including drafting, filing, and compliance.