Company Registration is easy when done by setindiabiz, for the first time register your startup company sitting at home. Our dedicated team will help you to register your company across India. We will extend our support in documentation, preparation, filing and subsequent Follow-up with ROC.
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Well, to register a company in India, first check your eligibility and required documents, then understand the detailed stepwise procedure which is followed for registration of a private limited company in India. A Company is a favorite form of business for Startup India, where the most important benefit is the concept of limited liability to its shareholders. The Banks, Financial Institutions, and Angel Investors Invest only in a Company form of business. Hence we strongly advise registering a company for your business. The Foreign Direct Investment is allowed under Automatic Route and no Prior Approval is needed.
A company can be registered in India, by at least two persons, who shall act as the directors/shareholders of the company. The maximum number of shareholder is 200 and company can have up to 15 directors.
One director of the company must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.
Invest as per requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee on company registration is calculated on the capital
The proposed name of the company should not resemble any existing company or LLP. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.
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As the application for Company Incorporation is filed online, the process starts with the issuance of Digital Signatures of class two.
The Company name must be unique and should not be the same or similar to an existing company, LLP or a trademark.
One single application (spice 32) is filed for incorporation of the company. with the approval of this, the Certificate is Issued.
The IT Department allots PAN & TAN, which is mentioned on the certificate of incorporation. Next is Bank A/c opening.
For incorporation of a company under the companies act 2013, anyone from below list of the document is accepted as Identity Proof.
Any one document from below list of documents is considered as address proof for incorporation of a company in India. The document for address proof of the director or shareholder should not be older than two months.
For company incorporation following are the forms on which promoters need to sign, All the forms need to be printed on plain A-4 size paper. The sign with a blue ink pen.
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| Create OnlineEvery company need to have a registered address, following are the list of the document which can be considered as proof of premises where the registered office of the company is situated. The premises proof should not be older than two months.
Before a company occupies any premises as its registered address, a no objection certificate must be obtained from the owner of the premises. The NOC need to be obtained on plain paper.
Download sample NOC letter from the owner of premises
A registered office is required to be maintained by the company under section 12 of The Companies Act 2013, which must be capable of receiving and acknowledging all communications and notices as may be addressed to it. Further, the statutory records of the company also need to be maintained at the registered office address of the company. Hence having registered office address at coworking space is not acceptable unless this is a lockable area.
Yes, the entire process and documentation are different for a company with foreign shareholding. We have a separate team who takes care of Foreign Direct Investment (FDI) Cases. You may navigate to the relevant page for more information on FDI or how a foreign corporation can open an office/ company in India.
Limited Liability implies that the owners or shareholders of the company are not personally liable to pay debts of the business. They are only responsible for the unpaid shares of the capital of the company. To qualify, the shareholder needs to comply with all laws and pay taxes on time.
Apart from the concent of Limited Liability as explained above a company have following significant features
Check advantages and disadvantages of Common Business Entity Types
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