Question 1

What are the minimum requirements to register a Private Limited Company in India?

Accepted Answer

Under the Companies Act, 2013, you need a minimum of 2 Directors (at least one must be a resident Indian citizen), 2 Shareholders (can be the same as directors), a unique company name, and a registered office address in India. There is zero minimum paid-up capital requirement.

Question 2

Can I register a Private Limited Company from my home address?

Accepted Answer

Yes. You can legally use your residential rented or owned home address as the company's registered office. You only need to provide the latest electricity bill (< 2 months old) along with a Rent Agreement and a simple Landlord NOC (even from parents or spouse). TaxQue drafts the landlord consent letter for you.

Question 3

How long does it take to incorporate a Private Limited Company with TaxQue?

Accepted Answer

The complete process typically takes 5 to 7 working days from the date of submitting documents. This includes MCA Name Reservation (SPICe+ Part A), drafting digital MOA/AOA, Class 3 DSC issuance, Central Registration Centre (CRC) scrutiny, and issuance of the Certificate of Incorporation (COI) with PAN, TAN, and DIN.

Question 4

What government registrations are included in the SPICe+ incorporation bundle?

Accepted Answer

Through the integrated SPICe+ portal, our team secures 10 registrations simultaneously: Certificate of Incorporation (CIN), Company PAN, Company TAN, Director Identification Numbers (DIN), EPFO (PF), ESIC, Professional Tax (in applicable states), Goods & Services Tax (GSTIN), Shops & Establishment, and zero-balance Bank Current Account opening.

Question 5

Who will handle our company incorporation at TaxQue?

Accepted Answer

Your incorporation is managed by a dedicated Company Secretary (CS) and Corporate Legal Associate, with final review by a practicing Chartered Accountant. We ensure your MOA object clauses are drafted broadly to support future business pivots and investor funding.

Question 6

What documents are required from directors and shareholders?

Accepted Answer

Each director and shareholder must provide: Self-attested PAN Card (mandatory for Indians), Identity Proof (Voter ID, Passport, or Driving Licence), latest Bank Statement or Utility Bill with correct address (< 2 months old), and a passport-size photograph.

Question 7

What is an SPICe+ Name Reservation and how do we choose a unique name?

Accepted Answer

Under Rule 8 of Companies (Incorporation) Rules, your proposed name must be unique, non-offensive, and not conflict with existing registered companies or registered trademarks. TaxQue conducts a preliminary MCA database and trademark search before submitting Part A of SPICe+ to guarantee zero name rejection.

Question 8

Can foreign nationals or NRIs be directors or shareholders in an Indian Private Limited Company?

Accepted Answer

Yes. Foreign nationals and NRIs can hold 100% equity under the Automatic FDI Route for most commercial sectors, provided at least one director on the board is a resident Indian citizen. Foreign identity documents must be notarized or apostilled in the home country. Our International Desk manages cross-border incorporations.

Question 9

What is the post-incorporation Form INC-20A (Commencement of Business)?

Accepted Answer

Under Section 10A of the Companies Act, 2013, every new company must deposit its subscribed share capital into its bank account and file Form INC-20A within 180 days of incorporation before commencing commercial business operations. TaxQue includes Form INC-20A filing in our startup packages.

Question 10

What is the difference between Authorized Capital and Paid-Up Capital?

Accepted Answer

Authorized Capital is the maximum amount of share capital the company is authorized to issue under its MOA (e.g. ₹10 Lakhs or ₹15 Lakhs under government zero-fee threshold). Paid-Up Capital is the actual money deposited by shareholders into the company's bank account. You can start with as little as ₹1,000 paid-up capital.

Question 11

Do I need to visit any government office physically to incorporate my company?

Accepted Answer

No. The entire incorporation process is 100% digital. You do not need to visit the MCA office or Registrar of Companies (ROC); all forms, affidavits, and declarations are executed online using Class 3 Digital Signatures (DSC).

Question 12

What ongoing annual compliances are mandatory for a Private Limited Company?

Accepted Answer

Every year, a company must appoint a statutory auditor (Form ADT-1), conduct 4 board meetings, hold an Annual General Meeting (AGM), file audited financial statements (Form AOC-4), file annual returns (Form MGT-7), file Director KYC (DIR-3 KYC), and file income tax return (ITR-6). TaxQue offers all-in-one Annual Compliance packages.

Question 13

Can a salaried individual be a director or shareholder in a Private Limited Company?

Accepted Answer

A salaried individual can always be a shareholder (investor). However, holding a directorship depends on your employment contract. If your company policy permits secondary directorships or if you obtain an employer NOC, you can legally become a Director.

Question 14

What happens if the MCA officer raises a resubmission query on our SPICe+ form?

Accepted Answer

MCA allows up to 2 resubmissions for clarifying address proofs or object clauses. TaxQue's legal team rectifies and refiles the forms within 24 to 48 hours at zero additional professional fees.

Question 15

How does TaxQue help us open a company bank current account?

Accepted Answer

Under the SPICe+ AGILE-PRO-S system, you select your preferred bank (HDFC, ICICI, SBI, Axis, Kotak, Bank of Baroda). Upon incorporation, the bank branch connects with you for doorstep KYC and account activation.

Question 16

What is the fee structure for Private Limited Company Registration with TaxQue?

Accepted Answer

We offer transparent, fixed pricing covering Name Approval, 2 Class 3 DSCs, MOA/AOA drafting, MCA filing fees, PAN/TAN, DINs, and government stamp duties for standard authorized capital, with zero hidden costs.

Feature & Deliverable Matrix	Basic	Standard★ Most Popular	Premium
Name Availability Verification & Portal Reservation Assistance	✓	✓	✓
Drafting of MOA, AOA / Deed & Statutory Declarations	✓	✓	✓
Official Government Portal Filing & Document Submission	✓	✓	✓
Certificate of Incorporation / Registration Delivery	✓	✓	✓
Entity PAN & TAN Allocation Coordination	✓	✓	✓
Assigned Company Secretary (CS) & Corporate Legal Advisor	—	✓	✓
Class-3 Digital Signature Certificates (DSC) & Director DINs	—	✓	✓
Assisted Corporate Bank Current Account Opening Setup	—	✓	✓
Mandatory EPFO, ESIC & State Tax Registrations Included	—	✓	✓
1st Board Meeting Resolutions & INC-20A Commencement Filing	—	—	✓
Custom Shareholder & Co-Founder Agreement Drafting (SHA/SSA)	—	—	✓
Free Comprehensive Trademark Brand Search & Class Verification	—	—	✓
Dedicated Corporate Advisory Desk for Annual ROC Compliances	—	—	✓

Stakeholder / Element	Mandatory Documentation Required	Formatting Guidelines
Founding Directors / Shareholders	PAN Card (Mandatory for Indian nationals), Aadhaar Card, Passport Size Photograph	Self-attested color copy
Director Residential Address Proof	Bank Statement / Electricity Bill / Mobile Bill / Telephone Bill (not older than 2 months)	Name and address must match identity proof exactly
Identity Proof for Foreign Directors	Valid Passport (Apostilled / Consularized in home country) + Address proof (Utility bill/Driver's license)	Certified apostille copy
Company Registered Office Proof	Electricity Bill / Municipal Tax Receipt (< 2 months) + Rent Agreement + Landlord NOC (Form 1)	Clear utility bill with verifiable premises address

Compliance Event / Form	Statutory Due Date	Statutory Penalty for Default
INC-20A (Commencement of Business)	Within 180 days of incorporation date	₹50,000 on company + ₹1,000 per day on directors up to ₹1,00,000
Form ADT-1 (Auditor Appointment)	Within 15 days of 1st AGM / Within 30 days for 1st auditor	MCA late fee up to 18x normal fee + penalty under Section 139
DIR-3 KYC (Director Annual KYC)	30th September every financial year	DIN deactivation + ₹5,000 late fee per director for reactivation
AOC-4 (Annual Financial Accounts)	Within 30 days of AGM (30th October)	₹100 per day per form with no upper ceiling on company and directors
MGT-7 (Annual ROC Return)	Within 60 days of AGM (29th November)	₹100 per day continuing penalty under Section 92(5)

Parameter	Statutory Rule / Threshold	Legal Reference
Minimum / Maximum Directors	Minimum 2 Directors, Maximum 15 (Extendable via special resolution)	Section 149(1) Companies Act
Minimum / Maximum Shareholders	Minimum 2 Shareholders, Maximum 200 Shareholders	Section 2(68) Companies Act
Minimum Capital Requirement	No minimum paid-up capital (Can start with ₹1 Lakh authorized capital)	Companies (Amendment) Act
Statutory Audit Requirement	Compulsory every year irrespective of turnover or profit/loss	Section 139 Companies Act

Feature / Deliverable	TaxQue Corporate Desk	Generic Automated Websites	Local Unregistered Middleman
Charter Drafting (MOA/AOA)	Customized main objects & investor rights clauses	Generic boilerplate templates	Manual outdated templates
Class 3 DSC Cryptographic Tokens	2 FIPS-certified hardware crypto USB tokens shipped to you	Often charges extra for physical tokens	Slow manual paper processing
Post-Incorporation Compliance Kit	INC-20A filing, 1st Board Resolutions & Share Certificates included	Leaves founder stranded after COI delivery	Charges extra for every post-incorporation step
Bank Account Integration	Priority zero-balance corporate account with HDFC/ICICI/Axis	Unassisted self-opening	No banking tie-ups

Accounting

Private Limited Registration

Timeline conditions

Get Free Expert Consultation

Right Plan For Private Limited Registration

Private Registration & MCA SPICe+ Incorporation

What is Private Limited Registration?

Section 10A (INC-20A) Mandatory Commencement Mandate

How to Get Started

Digital Signatures & Name Approval (SPICe+ Part A)

SPICe+ Part B & Charter Drafting (e-MOA / e-AOA)

Central Registration Centre Approval & Startup Kit Delivery

Documents Required for Private Limited Registration

Post-Incorporation Compliance Deadlines & Penalty Matrix

Private Limited Company Statutory Thresholds

Why Choose Private Limited Registration

Dedicated Practicing CS & CA Team

All-in-One Startup Kit Included

Zero-Rejection MCA V3 Guarantee

Eligibility Criteria for Private Limited Registration

1Directors & Shareholders

TaxQue Incorporation vs Generic Online Portals

Key Features of TaxQue Company Registration

7-10 Days Fast-Track Delivery

100% Paperless Digital Process

Corporate Legal Advisory

MCA Compliance

Frequently Asked Questions

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Form	Purpose	Frequency	Due Date
Form AOC-4	Filing of Financial Statement	Annual	30 days from the date of AGM
Form MGT-7	Filing of Annual Return	Annual	60 days from the date of AGM
Form ADT-1	Appointment of Auditor	Annual	15 days from the date of AGM