Private Limited Company Incorporation in India 2026 — SPICe+ Form, MCA V3 Portal, Fees and the 7-15 Day Process
Pvt Ltd incorporation India 2026: SPICe+ on MCA V3, Part A name reservation + Part B + e-MOA/e-AOA/AGILE-PRO-S, fees, 2-director rule, 7-15 day timeline.
Ravi Patel
Editor-in-charge
Last Updated
27 May 2026
Contents
- What SPICe+ actually consolidates
- Minimum requirements at a glance
- The fee map — what you’ll actually pay
- The 7-15 day process, day by day
- Entity choice: Pvt Ltd vs LLP vs OPC vs Partnership
- The 90-day post-incorporation checklist
- DIY vs use a service provider
- How BatchWise positions on company incorporation
Incorporating a private limited company in India in 2026 is the cleanest it has been in 20 years. The MCA V3 portal’s SPICe+ form bundles ten separate registrations into one filing; the process closes in 7-15 working days for a clean case; the all-in cost typically lands between ₹7,000 and ₹25,000 depending on state stamp duty and whether you use a service provider. This page walks through what’s actually involved — minimum requirements, the SPICe+ form mechanics, the fee map, and the 90-day post-incorporation checklist.
What SPICe+ actually consolidates
SPICe+ (form INC-32) replaced the older SPICe form in February 2020. The integrated filing covers:
| Layer | Registrations bundled |
|---|---|
| Companies Act | Incorporation (CIN), DIN allotment for first directors (up to 3), MoA + AoA |
| Income Tax | PAN, TAN |
| Indirect tax + labour | GSTIN (optional, India-wide), EPFO, ESIC, Profession Tax (Maharashtra), Shops & Establishment (Delhi) |
| Banking | Current bank account (via partner banks; SBI, HDFC, ICICI, Axis, Kotak, others) |
Before SPICe+, each of these required a separate form, separate authority, separate processing window — incorporation took 30-45 days. Today the same workflow completes in 7-15 working days through a single MCA portal submission. The 30-45-day quotes still circulating online refer to the pre-2020 regime.
Minimum requirements at a glance
| Requirement | Details |
|---|---|
| Directors | Minimum 2, maximum 15. At least one must be Indian resident (≥182 days in previous FY) per Section 149(3). |
| Shareholders | Minimum 2, maximum 200. Directors can also be shareholders. |
| DSC | Class III Digital Signature Certificate for every proposed director |
| DIN | Allotted for first directors (up to 3) as part of SPICe+; existing DINs are linked |
| Registered office | Address in India — owned, rented, or director / shareholder-provided. Ownership / NoC + utility bill proof required. |
| Authorised capital | No statutory minimum since 2015 amendment. Typical: ₹1 lakh or ₹10 lakh. |
| Name | Must end with ‘Private Limited’; must not conflict with existing entity or trademark; must follow MCA naming guidelines. |
The fee map — what you’ll actually pay
For a 2-director Pvt Ltd with ₹1 lakh authorised capital, in a typical state:
| Item | Cost |
|---|---|
| SPICe+ Part A name reservation | ₹1,000 per submission (up to 2 names) |
| MCA registration fee (authorised capital ≤ ₹15 lakh) | ₹0 (waived per Companies (Registration of Offices and Fees) Rules 2014; above ₹15L a ₹500 fixed fee plus slab-based add-ons) |
| Stamp duty on MoA / AoA | ₹1,000-₹5,000 state-dependent |
| PAN + TAN | ₹143 combined |
| DSC class III for 2 directors | ₹2,000-₹4,000 (provider-dependent) |
| Professional fee (CA / CS) | ₹3,000-₹15,000 |
| All-in typical range | ₹7,000-₹25,000 |
State-wise stamp duty variation matters. Delhi and Tamil Nadu are at the lower end (₹1,000-₹2,000); Karnataka and Maharashtra higher (₹3,000-₹5,000). The MCA Fee Enquiry Portal gives you the exact figure for your state and capital.
The 7-15 day process, day by day
Day 0-1 — DSC procurement. Apply for Class III DSC for each proposed director through a Certifying Authority (CA) — eMudhra, Sify, nCode, etc. Cost ₹1,000-₹2,000 per DSC. Same-day issuance available; standard turnaround 1-2 days.
Day 1-4 — SPICe+ Part A (Name Reservation). Submit up to 2 proposed names on the MCA V3 portal. Names must be checked against:
- MCA Company Name Master (no existing similar entity)
- IP India trademark register (no conflicting registered mark)
- MCA naming guidelines (restricted words list)
Approval typically Day 1-3. If both names are rejected, re-submit with 2 new names (another ₹1,000).
Day 4-10 — SPICe+ Part B + linked forms. Once the name is reserved (valid for 20 days), file SPICe+ Part B plus the linked forms:
- e-MOA (INC-33) — Memorandum of Association in electronic form
- e-AOA (INC-34) — Articles of Association in electronic form
- AGILE-PRO-S (INC-35) — combined application for PAN, TAN, GSTIN, EPFO, ESIC, Profession Tax, Shops & Establishment, bank account opening
MoA + AoA must be drafted by a professional (CA / CS / advocate) and digitally signed. The full bundle is submitted with the registered-office proof, director KYC, and shareholder consent.
Day 8-15 — MCA processing and Certificate of Incorporation. MCA processes the filing in 4-6 working days for a clean case. CoI is issued with CIN (Company Identification Number), PAN, and TAN simultaneously. The bank account, GSTIN, EPFO, ESIC etc. follow over the next few days as the linked-forms data is processed by the respective authorities.
Entity choice: Pvt Ltd vs LLP vs OPC vs Partnership
| Entity | Suited for | Statutory audit | ROC compliance | External equity? |
|---|---|---|---|---|
| Private Limited (Pvt Ltd) | Founders intending to raise equity, issue ESOPs, scale | Mandatory from Day 1 | Annual AOC-4 + MGT-7 | Yes — standard VC vehicle |
| LLP | Service-led duos, no equity-raise plan | Only above turnover ₹40L / contribution ₹25L | Annual Form 8 + Form 11 | Hard — VCs typically won’t invest in LLP |
| OPC | Solo founder, bootstrapping | Mandatory | Lighter than Pvt Ltd | No — converts to Pvt Ltd once turnover crosses ₹2 cr or paid-up ₹50L |
| Partnership | Lifestyle business, no growth ambition | Tax audit only | Light | No |
Default recommendation: Pvt Ltd if you intend to take external capital within 24 months (which most startups do); OPC if you’re a solo founder bootstrapping; LLP for services-led duos with no equity-raise plan; Partnership rarely.
The 90-day post-incorporation checklist
In approximate order:
- Open the current bank account (typically pre-arranged via AGILE-PRO-S)
- Bring in initial subscriber capital — issue shares within 60 days
- File INC-20A (Declaration of Commencement of Business) within 180 days — mandatory; failure invites penalties
- GST registration if turnover-threshold-crossing or voluntary (see /gst/gst-registration-thresholds/)
- Udyam Registration (MSME) — free, instant, almost every new company qualifies as Micro under the April 2025 revised thresholds; see the Udyam guide
- DPIIT Startup India recognition if eligible (within 10 years of incorporation + turnover < ₹100 cr + innovation criteria) — unlocks tax holidays, IPR rebates, and 50% trademark fee concession
- Bookkeeping setup — accounting software (Tally / Zoho Books / QuickBooks), monthly close discipline, segregation of personal vs business expenses
- ESIC + EPFO returns if employees crossed thresholds (10+ employees ESIC; 20+ EPFO)
- Quarterly TDS returns once TDS deduction starts
- First-year ITR (be aware of the 3-month vs full-year reporting nuance for mid-year incorporations)
- Annual ROC filing — AOC-4 (within 30 days of AGM) + MGT-7 (within 60 days of AGM)
- Statutory audit by ICAI-registered CA for first FY (mandatory regardless of size)
DIY vs use a service provider
DIY (₹4,000-₹8,000 all-in, excluding professional MoA/AoA signing): Genuinely viable if you have a CA / CS friend who can draft + sign the MoA / AoA, you’re comfortable reading the MCA V3 portal SPICe+ instructions, and your case is clean (2 standard directors, single-state registered office, no FDI complexity). The MCA portal UX is functional if dated.
Service provider (₹7,000-₹25,000 all-in): The right answer for first-time founders. IndiaFilings, Vakilsearch, LegalWiz, RegisterKaro, MyBillBook, and thousands of local CA / CS firms handle DSC + name + SPICe+ + post-incorporation paperwork. Quotes vary widely; cheapest is rarely best (corner-cutting on MoA / AoA quality bites later). For a stable provider with end-to-end MCA + post-incorporation handover, ₹10,000-₹15,000 is a fair market range.
How BatchWise positions on company incorporation
BatchWise does not incorporate companies. This is genuinely a scope where IndiaFilings, Vakilsearch, and local CA / CS firms are the right answer — they file thousands of SPICe+ submissions a month, have direct MCA relationships, and offer the post-incorporation bundle (bank, accounting setup, ITR / GST handover) as a continuous service. Our coordination scopes (BRSR / ESG assurance, SME compliance bundles) start after incorporation. Once you have a CIN, see the DIY vs hire CA guide for whether you need a full-service CA from Day 1 or can start with a lighter setup.
Cost Comparison: The BatchWise Advantage
Compare these prices to the standard cost of hiring an in-house accountant or a traditional CA firm. With BatchWise, you save over ₹2,50,000 annually while getting premium support and absolute compliance.
Ravi Patel
Founder & CEO, BatchWise
Having navigated Indian compliance for years, Ravi created BatchWise to bridge the gap between "DIY AI slop" software and expensive traditional firms. He ensures SMEs and foreign subsidiaries have reliable, expert guidance without the friction.