Online Company Registration in India
YOU CAN NOW FORM A COMPANY IN INDIA AT AFFORDABLE PRICES!
A Private Limited Company is one of the top ways to establish a business in India. An LLP has partners who own and manage the business and provides limited liability for its shareholders, with some restrictions on ownership. Directors and shareholders in private limited company registration may be different.
Incorpz, your leading legal consulting firm, offers a fast company registration service in India at a nominal cost. We will take care of all legal formalities and regulations as mandated by the Ministry of Corporate Affairs. After the company registration process is approved, you receive a Certificate of Incorporation (CoI), PAN and TAN, so you can open a current bank account and begin business operations.
Why Choose Company Registration in India?
Registering a company comes with many advantages. A incorporated company helps your business:
- Increase your business’s authenticity, shields you from personal liability, and mitigates other potential losses.
- Attracts more customers
- Procures bank credits and good investments from reliable investors with ease.
- Offers liability protection and protect your company’s assets
- Greater stability and greater capital contribution
- Increases the potential to grow big and expand
You will also get Zero Balance Current Account from our preferred banking partners*
Checklist for Registering a Company in India
As defined under the Companies Act 2013, we have to ensure the following requirements in the checklist
Two Directors:
As set out in the Companies Act 2013, a private limited company must have at least two directors and at most 15 directors. At least one of the directors in your business must be a resident of India.
Unique name:
The name of your business must be unique. The suggested name should not match any existing companies or trademarks in India.
Minimum Capital Contribution:
There is no minimum capital requirement for a company. A company should have a capital of at least Rs. 1 lakh.
Registered Office:
The registered office of a company need not be a commercial space, because it can be a rented home as long as an NOC is obtained from the landlord.
How to Register Company Online – A detailed registration process
A detailed registration process Company Registration in India will boost the prospects of startups and give them an advantage over those who have not registered. The Ministry of Corporate Affairs (MCA) oversees the company registration process with rules and regulations drafted according to the law.
- Step 1: Application for a digital signature certificate;
- Step 2: Application for a director identification number;
- Step 3: Application for name availability.
- Step 4: Filing of the eMoA and eAoA to form a private limited company
- Step 5: Applying for the company’s PAN and TAN
- Step 6: Issued certificate of incorporation with PAN and TAN by the RoC
- Step 7: Opening a current bank account on the company name.
Let’s Get Started
Search a company before company registration
One of the first steps in company registration is to ensure the company name has not already been used by another legal entity. We can perform a company name search to check During the approval stage of Private Limited Company Registration, businesses are encouraged to identify three to four alternate names. The Ministry of Corporate Affairs will be the final authority to approve the name based on availability rules and regulations.
If you’re disappointed that a preferred name is taken, please note that the name of your company doesn’t have to be your brand name. However, if you want to trademark your brand name, check whether it has already been trademarked or not.
Documents required for Online Company Registration
Private limited company registration in India is not possible without the proper identity and address verification documents for all directors and shareholders of the company to be incorporated.
Identity and address proof
- Scanned copy of PAN Card or Passport (for foreigners & NRIs)
- Scanned copy of Voter’s ID/Passport/Driver’s License
- Scanned copy of the latest bank statement, telephone or mobile bill, electric or gas bill,
- Scan of a passport-sized photograph specimen signature (for foreigners, an apostilled or notarized copy of the passport is mandatory. )
All required documents must be valid, and residence proof documents such as the bank statement or electricity bill must be less than two months old.
Registered Office Proof
A recent copy of an electricity bill, a property tax receipt, or a water bill must be submitted to prove admission to the registered office for online company registration in India.
A registered office in India is required for online company registration in India. A recent copy of an electricity bill, property tax receipt, or water bill must be presented to confirm admittance to the registered office. Along with the rental agreement, utility bill or sale deed, and a letter from the landlord granting permission to use the office as the company’s registered office, should be submitted.
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
- Scanned copy of Notarized rental agreement in English
- Scanned copy of No-objection certificate from the property owner
- Scanned copy of sale deed/property deed in English (in case of owned property)
Note: Your registered office need not be a commercial space; it can be your residence, too.
How can Incorpz help you register your company in India?
The Private Limited Company Registration process is completely online, so you don’t have to leave your home to register your company. Incorpz makes company registration easy online in less than 14 days.
The Incorpz Company Registration Package includes:
- DIN and DSC for two Directors
- Drafting of MoA & AoA
- Registration fees and stamp duty
- Company Incorporation Certificate
- Company PAN and TAN
- Zero Balance Current Account – from our preferred banking partners*
Frequently Asked Questions
☑ Is it necessary for me to be present physically during this process?
No, registering a new business is entirely done online. You would not need to be physically there because all documents are filed online. All of the relevant paperwork and forms must be scanned and sent to us.
☑ How long does it take to register a private limited business in India?
It will take no more than 15 days if you have all of your documentation in order. This, however, is dependent on the registrar’s workload.
☑ What are the guidelines for naming a private limited company?
In India, the Registrar of Companies (RoC) expects applicants to follow a few naming guidelines. Some of them are subjective, which implies that your application’s approval may be dependent on the officer’s judgement. However, the more strictly you follow the rules outlined below, the more likely you are to be approved. But first, double-check that your name is available.
☑ What documents are necessary for the process to be completed?
All directors must submit proof of identity and address, as well as a copy of their PAN card (for Indian nationals) and passport (for international nationals) (for foreign nationals). The applicant must submit a Certificate of No Objection signed by the owner of the registered office address.
☑ What exactly is a DSC?
The DSC is an electronic signature certificate issued by certifying authority (TCS and n-Code are two examples). Partners require a DSC because all required documentation are electronic.
☑ Is it possible for a private limited company to exist indefinitely?
The private limited corporation will continue to exist as long as the annual compliances are met. It will fall dormant if you do not comply with the rules, until it is stricken off the register entirely.
☑ What is the expense of running a private limited company?
There are four types of costs: the cost of forming a private limited company, the cost of accounting and auditing, the cost of compliance, and other charges. At the very least, you should budget Rs. 40,000 for all of these.
☑ Is having a company’s books audited necessary?
Yes, regardless of revenue, a private limited firm must hire an auditor. In fact, within 30 days of formation, an auditor must be engaged. Compliance is critical in a private limited business since non-compliance can result in fines of lakhs or rupees, as well as the blacklisting of directors.
☑ What are the differences between articles of incorporation and memorandums of incorporation?
These documents lay out your company’s rules, vision, and mission, as well as the specifics of the business and the duties and obligations of shareholders and directors.
☑ Is it required to have two directors when forming a private limited company?
A private limited company does require a minimum of two directors. The maximum number of members is 200. If you are the single proprietor of the business, you can register as a One Person Company.
☑ In a Private Limited Company, who can be present?
Any individual or organization, including NRIs and foreigners, can join a private limited company. Nonetheless, the applicant must be at least 18 years old and have a valid PAN card.
☑ What is the required minimum capital to create a Private Limited Company?
A private limited corporation can be started with no minimum capital.
☑ Is it possible for a director of a private limited company to also be a salaried employee?
Yes, a salaried individual can become a director of a private limited company, LLP, or OPC. It is necessary to review the employment agreement to see if such restrictions are permitted.
☑ Is it possible to convert a limited liability partnership (LLP) into a Private Limited Company?
Because an LLP is not registered in MCA, it cannot be converted into a Private Limited Company. Both the LLP Act of 2008 and the Companies Act of 2013 include no provision for converting an LLP into a private limited company. However, if a company wants to expand, it can form a new Private Limited Company with the same name. The LLP Company only needs to issue a certificate of no objection.
☑ How long does it take Incorpz.com to set up a Private Limited company?
Incorpz can set up a Private Limited Company in as little as 15 to 25 days. The amount of time it takes also depends on the applicant’s ability to furnish essential documents and the speed with which the government issues approvals. To guarantee a speedy registration, please choose a distinctive name for your prospective company and make sure you have all of the essential paperwork before beginning the registration process.
☑ Is it possible for NRIs or foreign nationals to become directors of a private limited company?
Yes, foreign nationals and NRIs can serve as directors of a private limited company. The Indian ROC must issue them a DIN. They might also be the company’s majority shareholder. As long as at least one director on the Board of Directors is an Indian national.
☑ Is it necessary to be present in person while forming a private limited company?
The entire process of company registration is completed online, and you do not need to be present at our office or any other location to complete it. The documents must be digitized and mailed as a scanned copy. They get the certificate of incorporation from the MCA through courier at the business address.
☑ A Private Limited Company is a separate legal entity . Why?
A company is a legal entity that functions similarly to a separate person under the Act. It is recognized as a distinct individual who can own property and owe money to creditors. In the event that a company’s members (Directors/Shareholders) are unable to pay its debts, the company’s members (Directors/Shareholders) have no duty to the company’s creditors.
☑ Is it possible to form a private limited business at one’s home address?
Yes, a person can register a business from their home address. A copy of the utility bill is required to be submitted.
☑ Can one register their family members in the company if there are no partners available?
Yes, registering a family member as a partner is a wonderful idea. This can be changed or the directors’ shares transferred at a later time.
☑ Do you wish to form a FLLP (Foreign Limited Liability Partnership)?
Any foreign limited liability partnership (FLLP) can set up shop in India by filling out Form 27 (Registration of Particulars by Foreign Limited Liability Partnership (FLLP)). The authorised representative of the FLLP must digitally sign the eForm. The Designated Partners of the FLLP are not required to apply for and get a DPIN or DIN, but the authorised representative’s DSC is required.
☑ Do you want to convert a private limited company or an unlisted public business into an LLP?
Form 18 (Application and Statement for Conversion of a Private Company Public Company into Limited Liability Partnership) is required for any unlisted or private company that wishes to convert to an LLP (LLP). Along with the Form 2 (Incorporation document and Subscriber’s statement), Form 17 must be filed.
☑ Do you want to convert an existing partnership firm to a limited liability partnership (LLP)?
All current partnership firms that want to convert to an LLP must file Form 17 (Application and statement for the conversion of a firm to an LLP). Along with the Form 2 (Incorporation document and Subscriber’s statement), the Form 17 must be filed.
☑ Do you want to form an LLP in India?
To form an LLP in India, you must first obtain a Designated Partner Identification Number (DPIN). This can be accomplished by submitting an eForm for obtaining a DIN or DPIN. After that, you’ll need to get your Digital Signature Certificate and register it on the site. Following that, the LLP name must be approved by the Ministry. A LLP can be formed by filing an incorporation form after the name has been approved.
☑ How can one register a section 8 company?
The process of registering a Section 8 corporation is simple and may be completed online with Incorpz in three easy steps:
- We answer all of your questions concerning entity selection and help you pick the best one.
- We assist you in completing the whole filing and company registration process.
- We will register the NGO and manage all of the necessary paperwork (Trust Act, Society Registrations Act or the Companies Act, depending on the entity chosen).
☑ What is the procedure for registering a Part 1 Corporation?
For a Part 1 Company Registration, the applicant must first file Form INC-1 to check for name availability. After the application has been approved, the applicant must file Form No. URC-1 along with e-forms INC-7, INC-22, and DIR-12 or e-forms INC-7 and DIR-12, as applicable.
Recent Updates
Ministry Of Corporate Affairs (MCA) Approves PUBG India’s Registration As A Private Limited Company
Nov 24, 2020
PUBG India is now officially registered and approved as a Private Limited Company by the MCA, with a Corporate Identity Number (CIN) and a registered office in Bangalore. The PUBG Mobile Game will also soon launch in India.
National Start-up Awards Winners Announced
Oct 07, 2020
Organic Mandya, RobotGuru, Unnati Online, Aloe-ecell, BharatPe, Foodcloud.in, Wellthy, Uptime AI, Skyroot, Staqu, Feeinsta’s Fresh Rooms, and SnPC machines were awarded National Start-up Awards winners on October07.
Registration of New Companies in India Surge to the Highest in 7 Years
Aug 19, 2020
Registration of new companies in India Attracts its Highest in 7 Years 19 August 2020 According to the Ministry of Corporate Affairs’ monthly statistics, registration of new companies in India reached 16,487 in July 2020, an increase that is an indication of renewed investor interest and plans by entrepreneurs to establish new businesses. This suggests that COVID19 and lockdown measures have not impeded the Indian economy’s recovery.
SPICEe+ Form Stipulates Mandatory Registration Of EPFO & ESIC
Mar 9, 2020
SPICEe+ Form Makes Mandatory Registration Of EPFO & ESIC With the introduction of SPICe+ (e-form) for company incorporation, registrations for EPFO & ESIC will be mandatory for all organizations registered, and none will be issued separately by the respective agencies.
Company Registration To Be Done On New MCA Portal
Mar 06, 2020
Company registration under EPFO, ESIC, and one-person corporations will be done on the new MCA portal. It simplifies the registration process by using a new web form called SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus), which integrates 10 services from various departments.
Company Registration Requires Mandatory Submission Of E-Forms
Feb 1, 2020
Company registration requires the submission of different electronic forms. (1) Simplified Proforma for Incorporating Company Electronically (SPICe-INC-32) (2) Electronic Memorandum of Association (eMoA) (3) Electronic Articles of Association (eAOA) (3) INC-344
Why Incorpz
40 Established Vendors
Incorpz has completed over 3000 registrations in only the last year. We’ve teamed up with some of India’s finest business experts to ensure that your registration is delivered on time.
4.8 Customer Score
We take care of all the paperwork so that your interactions with the government proceed as smoothly as possible. We’ll also provide complete transparency into the process so you can set realistic expectations.
20+ Strong Team
If you have any questions about the process, our team of experienced business consultants is just a phone call away. However, we will make every effort to clarify any doubts you may have before they arise.
