A Private Limited Company is the most preferred business structure for startups and growing businesses in India. It offers limited liability protection, separate legal identity, easy fundraising, and better credibility. Kyra Tax handles the complete SPICe+ incorporation from name reservation to Certificate of Incorporation.
Key Benefits
Limited liability protection for directors and shareholders
Separate legal entity distinct from owners
Easy to raise funding from investors
Perpetual succession - company continues despite changes
Better credibility with customers and banks
Employee stock option plans for talent retention
Documents Required
- PAN and Aadhaar of all directors
- Passport size photograph of all directors
- Address proof of directors - bank statement or utility bill
- Proof of registered office address
- Rent agreement if the office is rented
Our Process
Frequently Asked Questions
How many directors are required?
Minimum 2 directors and maximum 15. At least one director must be a resident of India (stayed 182+ days in previous calendar year).
What is the minimum capital required?
There is no minimum paid-up capital requirement under the Companies Act 2013. You can start with Rs.1 as authorised capital.
How long does incorporation take?
Typically 7-10 working days after submission of all documents, subject to MCA processing time.
Talk to Our Experts
Mon-Sat, 9 AM to 7 PM