The name of every Company should be unique and must not violate the name of any other company or someone else trademark. We assist you by conducting a detailed search in the MCA and Trademark database for a possible match of the name. Please refer to our detailed discussion on name approval guidelines for company registration .

DSC is equivalent to the physical or paper signature under the information technology act. For Registration of a Company, all the applications to ROC are filed in digital format signed by its proposed director. The filing process for Company Registration starts with the issue of a digital signature for the shareholder and director of the Company.

RUN is the name of an online application, which is to be used for making an application for seeking approval of the ROC for the proposed Name of the Company. The RUN application can be filed with two proposed names of the company, in order of preference, can be filed with a note on the significance of the name and the business activities.

After name approval of the company, we need to file the formal application for incorporation of the Company in form SPICE to the ROC with appropriate documents as attachments. The documents to be attached with Spice Form are MOA, AOA of the Company, KYC documents of promoters, and proof of the registered address with NOC from the landlord. The DSC of the promoters is then used to sign the application, which is further attested by one practicing Chartered Accountant, Company Secretary, Cost Accountant, or an Advocate practicing at High Court. The government filing fee for Company Registration depends on the proposed capital of the Company.

The final stage for the Company registration is the Issue of Certificate of Incorporation of the Company after the verification of the application for Company Registration is filed in Spice Form. The issue of the registration certificate of the company is conclusive proof of the Registration of the Company by ROC.

Nowadays, the issue of Pan Number and TAN is done automatically at the time of incorporation of the Company. There is no need to make any separate application. The PAN Number and TAN comes printed on the certificate of incorporation itself, and after the Registration of the Company, E-Pan and Tan letter is sent via email.

Not at all. The incorporation of the company is an online process. The documentation and the filing process with the ROC can be done in an online environment. Hence there is no need for a physical visit to our offices

Hiring a personal CA or CS may be costlier for a startup. Considering this difficulty, we offer an alternative to you to get the company registered from us on an online professional service platform.

Company incorporation certificate is provided as a pdf document by the Ministry of Corporate Affairs (MCA). MCA only provides a soft copy of the incorporation certificate.

To open the Bank Account of the Company, we shall be giving you all the documents. You need to submit the Certificate of Incorporation. The Bankers seek a copy of MOA & AOA, Copy of ePan and the KYC document of the directors. They also insist on the proof of the registered address and the board resolution. We would support you for the opening of the Bank Account of your Company.

India being a signatory of WTO, have a similar regulatory framework for the protection of the trademark in India. The first step to protect the Brand, Logo, Trademark, etc.; is to apply for trademark registration. Click here laws and regulations relating to the protection of brands to learn more.

The company registration number is also known as a corporate identification number (CIN), and the same can be verified at Company Master data on the MCA portal.

A legal entity like a company has a separate identity from its owners or shareholders. With the registration of the company according to the law in force, it becomes a distinct legal entity which is different from its promoters and is treated separately under the law.

Not only the private limited companies receive great financial assistance from banks and financial institutions but also enjoy the advantage of borrowing funds. A private limited company can also issue debentures apart from accepting deposits from the public.

There is no minimum minimum required for starting a private limited company. You can fix any capital as per the requirement of your business.

The authorised capital is mentioned in the last clause of the MOA and sets a limit up to which the company can raise its capital. The paid-up capital, on the other hand, the paid capital of the company. Please refer to our detailed analysis of capital.

GST Registration is required if the turnover of the business crosses the threshold limit or when the company does an inter-state supply. Please review your situation and decide for yourself if you need GST Registration or nor. Please note once registration under GST is obtained filing of regular returns is mandatory. Click to Learn more on GST Registration

NO the at the time of registration there is no provision for depositing anything as such. However, after the incorporation of the company, the shareholders need to transfer the subscribed share capital to the company bank account.

No, a private limited company is not allowed to offer shares to the public at large, and there is a complete restriction on public trading as such.

Yes, a company can carry multiple business activities if it is mentioned in the company's MoA and approved by the ROC. Please note that more than one business activities can be mentioned in the main object of the MOA provided they are related in nature. Completely unrelated business can't be done in the same company; for example, construction and healthcare shall not be allowed to be carried in the one and same company.

The applicable tax rate for a company depends on various factors. In the below table the same is summarised.

The name approval concerning a Company Registration means the process through which the registrar of companies approves a particular name for the proposed Company in compliance with the law. To seek the name approval, the promoter of the Company has to apply the RUN form at the website of the MCA. The government fee for seeking name reservation/approval is Rs 1000 in case of Company and Rs 200 for the LLP.

The name of a Private Limited Company always ends with two words "Private Limited". The first part of your name should consist of a coined term, and the middle part should reflect the main business activity that the proposed Company is planning to take up.

No. the correct name of Company ends with words Private Limited, any short form like Pvt Ltd, or use of P. Ltd, in the end, is illegal and contrary to the provisions of the Companies Act, 2013.

The director identification number is a unique identifier assigned to the director by the ROC operating under the ministry of corporate affairs. The DIN is a permanent number and is allotted during the course of processing the spice form before the generation of the company registration certificate. The DIN remains valid throughout India, however, you need to file directors KYC every year.

Yes, for a company, the minimum number of directors prescribed is 2, and the maximum is 15. In case you are the sole owner you should consider incorporating a One Person Company or Proprietorship Firm

Yes, there is no restriction under the companies act that restrict a persons ability to become a director in a company if he is a salaried employee somewhere else. However, you should check your appointment documents for any restriction that may have been imposed by your employer.

Yes, the foreign nationals of a non-resident Indian can b=very well become a director in the company. However, out of all the directors of the company, one director must be a resident in India.

Yes, there is no restriction. A family member such as wife, brother, father, mother, sister etc. can become a co-founder or another director of the company.

There is no mandatory qualification for an individual to be a shareholder or director of a PVT. LTD. Company and any individual can become a shareholder or a director.

While any person can become a partner in the LLP, but only an individual can be appointed as the designated person. In some cases, the designated partner is a nominee of a corporate partner of the LLP. There is no educational qualification prescribed, hence any person over eighteen years of age is acceptable as the designated partner so long he is otherwise capable of entering into contracts.

If the documents of the promoters and the registered address are in order and otherwise eligible, then the company may get registered within one week. However, delay cant be ruled out based on the ROC working.

Setindiabiz is having experience of over 15 years now in company registration in India. The time taken shall solely depend on the quality of information and documents supplied for the registration of the company in India. We process the application within 24 hours.

For Pvt ltd company registration in India, broadly, there are two kinds of documents required. One of the KYC of the promoters, while the other category is the documents of the registered address of the company. We have categorically mentioned the list of documents required for company registration in India, in the upper section of this webpage.

For incorporation of a Pvt Ltd company under the companies act, 2013, any one document from below list of the document is acceptable as Identity Proof of the director or shareholder

• Passport
• Driving License
• Voter ID Card

For Company Incorporation, any one document from the below list of documents of the director or shareholder is acceptable. The document in support of address proof should not be older than two months.

• Bank Statement or Passbook with the transaction entry.
• Electricity Bill in the name of the promoter.
• Telephone bill, or any other Mobile Bill.
• Utility bill in the name of promoters like Gas Bill.

Yes. The registered address of a company can be changed easily within the same city by filing form INC-22 to the ROC with proof of new address and NOC. Please refer to our dedicated webpage on the change of the registered office of the company.

Not at all, the company once registered exists until it is legally closed. The registration certificate of a company is valid throughout and does not require any renewal as such. However, a company has to file annual returns to the ROC and Income Tax Department.

The regular cost of compliance of a company may consist of accounting, GST & TDS Returns, statutory audit and annual return filing to the ROC and the Income Tax Department. The overall cost of compliance would differ from company to company based on the number of transactions and turnover. For a startup, this cost is around twenty-five thousand in a year approximately.

Yes, under section 139 of the comp[anies act, every company must get its books of account audited by an independent CA who is appointed as an auditor of the company. The first auditor is appointed within 30 days of the incorporation of the company.

Every company, after the conclusion of AGM, need to file ROC Returns where the balance sheet of the company and any significant changes are reported to the ROC. The due date of filing the ROC Return is generally in September and October. Please click to read more.

The winding-up of a company is easy for the defunct or inactive company. You can file STK-2 form with attested copy of a financial statement by a CA. Click to read more.

FDI is generally allowed in most of the sectors for Starting Business by a foreign investor and however for strategic reasons and internal security following sectors are prohibited for the foreign investors.

• Lottery Business including Government /private lottery, online lotteries, etc.,
• Gambling and Betting including casinos etc.,
• Chit fund/ Nidhi company,
• Trading in Transferable Development Rights (TDRs),
• Real Estate Business or Construction of Farm Houses
• Manufacturing of Cigars, cheroots, cigarettes, of tobacco or tobacco substitutes,
• Sectors not opened to private sector investment e.g. Atomic Energy, Railway; etc.,

"In India there are various types of business which can be set up such as a proprietorship, partnership, one person company, LLP, society, trust etc. However the foreign exchange management act allows a foreign investor to invest in India only in following categories of entities. A foreign investor thus can not invest in a One Person Company, Proprietorship, Partnership Firms. The investment in society, trust and section 8 company or any other association of person is permitted subject to compliance of Foreign Contribution Regulation Act (FCRA)

• Limited Liability Partnership (LLP),
• Private Limited Company (PLC),
• Public Limited Company (PLC),
• Section 8 Company (However with compliance of FCRA),"

"Following types of foreign entities can invest in India without any restriction provided the sector is open for investment either under automatic route or approval route.

• Foreign Company,
• Body Corporate Incorporated Outside India
• Non Resident India(NRI)/Person of Indian Origin(PIO)"

Yes, to promote free and fair trade, indian parliament passed The Competition Act, 2002, under which an apex body to decide the case of complaint relating to anti-competitive agreements and abuse of dominant position was established as the Competition Commission of India.

Can companies in India enter into foreign technology agreements?The foreign technology agreements are permitted subject to the foreign direct investment policy in force. most of the sectors for foreign technology agreements are open for 100% FDI.

The foreign investors need to remit the capital amount to the Indian bank account through banking channels in foreign exchange, however funds can be remitted from NRO accounts maintained in foreign exchange.

Once capital is received through inward remittance from the foreign investor, the indian bank must be intimated about the purpose of remittance. The indian banker then issues FIRC (Foreign Inward Remittance Certificate) stating clearly the purpose of inward remittance. The indian company needs to then report to the RBI in the form FC-GPR about the FDI.

Yes, the profits arising out of the indian company where foreigners have invested is 100% repatriable without any restriction after payment of all corporate tax and dividend distribution tax.

"A foreign citizen or a foreign corporation can operate a business in India only in following manners

The foreign investors need to remit the capital amount to the Indian bank account through banking channels in foreign exchange, however funds can be remitted from NRO accounts maintained in foreign exchange.

Once capital is received through inward remittance from the foreign investor, the Indian bank must be intimated about the purpose of remittance. The Indian banker then issues FIRC (Foreign Inward Remittance Certificate) stating clearly the purpose of inward remittance. The Indian company needs to then report to the RBI in the form FC-GPR about the FDI.

Yes, the profits arising out of the indian company where foreigners have invested is 100% repatriable without any restriction after payment of all corporate tax and dividend distribution tax.