A private limited company is a company, which is privately held for small businesses. The liability of the members of a private Ltd. is restricted to the amount of shares respectively held by them. The shares of private Ltd. can't be traded within the open market.

Following are the procedures/steps to do registration for Private Limited Company in India:

Step 1: Obtaining DSC (Digital Signature Certificate)

Step 2: Obtaining the DIN (Director Identification Number)

Step 3: Bidding for Company Name Registration

Step 4: Bidding for Incorporation of company

Step 5: Apply for PAN, in Name of New Company

Step 6: Open Current Account in Bank

Step 7: File Intimation to ROC about Appointment of First Auditors of Company

Step 8: Apply for GST Registration

Criteria for the Private Limited company:

Following are some of the criteria for Private limited company registration in India that must be followed:

• Minimum 2 administrators
  Minimum 2 Shareholders
  Administrators and Shareholders would be the identical character
  Minimum Share capital should be Rs.1, 00,000
  Utility of DIN allotment for all directors
  DSC for two directors
  Completing all these steps we need to pay for the registration. Payment can be done through online as well as offline with the help of some agencies like Company Registration Online. They are providing services like service tax registration, TIN registration, Sales tax registration, e-filing and so on.