Business

How to Register a Company in India

pvt ltd company registration

Are you looking for registering a company in India?

Do you want to register your business?

If you say “Yes”, you have landed in the right space. Here, we will tell you how to register a company easily and simply. First, you would need to know that you can register your company as a private limited company, limited liability partnership, one Person Company, partnership firm, and sole proprietorship. You can choose your type and then proceed accordingly. If you are new to the business, we suggest you go with the Private limited type. 

A private limited company is registered with the Ministry of Corporate Affairs (MCA). Here are the steps to register a private limited company –

Step 1 – Get Digital Signature Certificate

Step 2 – Apply for Director Identification Number (DIN)

Step 3 – Check name availability & implement it

Step 4 – File Memorandum of Association (MoA) and AoA (Articles of Association)

Step 5 – Get TAN & PAN of the company

Step 6 – Submit the certificate issued by the Registrar of Companies

Step 7 – Now you need a current bank account with any bank

The process is simple, still, if you face any difficulty, you can take the help of a legal consultant. The consultant will do the work. You in that case, just need to submit the documents to the company and pay the private limited company registration fee, which is nominal. Now let us the list of documents that you need for company registration –

Shareholders & Directors need to submit the following documents (Indian Nationals)

  1. PAN Card scanned copy
  2. Voter’s ID/Passport/Driver’s License scanned copy
  3. Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill scanned copy
  4. Passport-sized photograph scanned copy
  5. Signature (blank document with signature [directors only])

Note: Any of your directors need to self-attest a minimum of 3 given documents

Directors & Shareholders need to submit the following documents (NRIs)

  • PAN Card scanned copy
  • Voter’s ID/Passport/Driver’s License scanned copy
  • Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill scanned copy
  • Passport-sized photograph scanned copy
  • Signature (blank document with signature [directors only])

Note: It is necessary to notarise all the documents (if NRI is currently in India or a Commonwealth country). The above-mentioned documents must be notarised and apostille or attested by an Indian embassy (if in a non-Commonwealth country).

Documents to be submitted by Directors & Shareholders (Foreign Nationals)

  1. Scanned copy of Passport
  2. Scanned copy of Voter’s ID/Passport/Driver’s License
  3. Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  4. Scanned passport-sized photograph
  5. Specimen signature (blank document with signature [directors only])

Note: All the documents must be notarised (if NRI is currently in India or a Commonwealth country). All the documents must be notarised and apostille or attested by an Indian embassy (if in a non-Commonwealth country).

Office Address Proofs

  1. Latest Electricity or Water Bill scanned copy
  2. Notarised Rental Agreement scanned copy
  3. Latest Rental Receipt scanned copy
  4. Sale Deed/Property Deed in English (in case of owned property) scanned copy
  5. No-objection Certificate from property owner scanned copy

Note: Notarised documents are required (if NRI is currently in India or a Commonwealth country). Also, the documents should be notarised and apostille or Indian embassy attested (if in a non-Commonwealth country).

In addition to the required sets of documents, you need certain other things to start a company. ( how to register a company )

As defined in the Companies Act 2013, we need to ensure we must have the following things to start a company in India.

2 Directors – Yes, you need 2 directors and among these 1 should be an Indian citizen

Unique name – Your business name should be unique. You need to ensure it should not match with any company name or registered trademark

1 lac minimum capital – Yes, you need at least authorized capital of Rs 1 lac to start a company in India

Registered Office – You need to have one registered office of the company. Don’t worry, even rented accommodation can be used as a registered office. Only you need to showcase the NOC of the landlord. 

FAQs on Company Registration 

  1. Do I need to be physically present while registering a company in India

You can register a company in India online. You don’t need to be physically present at the registrar’s office. 

2. How much time does it take to register a company?

Usually, within 15 days, you will be able to register company in India. If there is any discrepancy in the documentation, then it takes time. 

3. How do I search for a company name for availability?

Click here to search your company name

4. What are AoA and MoA in respect of company incorporation?

Articles of Association and Memorandum of Association state the mission and vision of your company. Also, it showcases the roles and responsibilities of shareholders and directors.

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