Company Registration India, Private Limited Company Registration in India, Company Registration Search, Step by Step Guide

Registration of Company in India

Company is a very popular option to commence a business in India by startups and businesses with higher growth aspirations.

As per the official Data, more than 24 lakh Companies were registered in India as of January, 2023 out of which more than 15 lakh Companies were active till January, 2023.

Report Says approx 12,166 new companies were set up in the country during January, 2023.

Pvt. Ltd. Company is incorporated under the Companies Act of 2013, and governed by the Ministry of Corporate Affairs (MCA) in India. 

It is a Registered Corporate Structure, that provides business a Separate Legal Identity from its owners. Hence, providing key advantages like the ability to contract in its own name, and safeguard personal assets of the owners from business liabilities.

Minimum Requirements-

To Register a Company in India, you need to fulfill the following requirements-

• Minimum 2/3 Directors : Every Company must have minimum 2 Directors (for Registration of Private Limited Company) and 3 Directors (for Registration of Public Limited Company) and at least one Director should be Indian resident, who has stayed in India for a total period of not less than 182 days in the previous calendar year.

• Minimum 2 / 7 Shareholders: To Register a Company in India, minimum 2 (in case of Private Company) or 3 (In case of Public Company) shall be mandatory to have to subscribe the memorandum.

• The shareholding of the Indian Company can be held by a foreign national or foreign entity, subject to the FDI norms in India. It is advisable to have at least 2 Indian Shareholder in the Company to avoid unwanted compliances.

• The directors and shareholders can be the same person.

• There is no Minimum Capital Requirement to register the Company in India. However, It is advisable to keep Share Capital at least Rs.1 Lac.

• Director Identification Number for all Directors. However, you may apply for DIN No. for max. 3 Directors at the time for filing application for Incorporation of Company.

• Digital Signature Certificate for all Directors and shareholders.

• PAN of all Directors and Subscribers.

Documents / Informations Required for Registration of Company in India

• Digital Signature Certificate of All Promoters.

• Proposed Object of Company.

• 4 Unique Name with Priority.

• Passport Size Photos of all Promoters.

• Proposed Authorised Share Capital of Company.

• Proposed Subscribed Share Capital of Company along with Contribution by Subscribers.

• Email IDs of all Subscribers and Directors.

• Mobile Nos. of all Subscribers and Directors.

• Educational Qualifications of all Subscribers and Directors.

• Length of Residing at Present Address.

• Name of Authorised Signatory for ESIC.

• Speciman Signature of Authorised Signatory for ESIC.

• Self Attested Copy of PAN Card of all Subscribers and Directors.

• Self Attested Copy of Aadhaar Card of all Subscribers and Directors.

• Self Attested Copy of Passport / Driving Licence / Votor ID of all Subscribers and Directors.

• Self Attested Copy of Bank Statement / Electricity Bill / Telephone Bill of all Subscribers and Directors.

• Electricity Bill of Registered Office Address.

• Rent Agreement / Title Deed / Sale Agreement of Registered Office Address.

• NOC from the Owner of the Property.

• Name of the Bank in which Company's Bank Account to open. 

Official Website for Registration of Company in India

www.mca.gov.in

Charges for Company Registration in India

Charges for Company Registration in India depends upon multi factors like - Capital of the Company, No. of Directors or Shareholders of the Company.

It also vary if applicant applied for Registration of Company through consultant.

Though, a Company may register from many online platform which may cost cheaper to the applicant, we shall advise to visit at your known or nearby consultant for better understanding of compliances applicable after the registration to avoid any violation of provisions.

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Procedure for Registration of Company

You may get your Company Registered in just 3 steps -

Step -1

A very first step of Registration of a Company to find a unique name and apply for the same to reserve your name. However, you may directly apply for Company Registration, if you are sure about the uniqueness of your name.

Step -2

Collect all the documents as provided above and get your DSC ready.

Step -3

File an application for registration of Company.