Company Registration in India – An Overview

Aspect Details
Fees Packages start from ₹ 1, 999 (Best Fee Guaranteed by Enterslice)
Timeline Usually, it takes between 7 to 10 working days to complete the registration process, subject to conditions.
Business Structures
  • Private Limited Company
  • Public Limited Company
  • One Person Company
  • Sole Proprietorship
  • Partnership Firm
  • Limited Liability Partnership
Eligibility
  • Minimum 2 Shareholders
  • Minimum 2 Directors
  • One Indian Resident Director
  • Valid Company Name
  • Valid GST Number
Step-by-Step Procedure
  • DIN & DSC of Directors
  • Select & Reserve a Unique Company Name
  • Draft MoA & AoA
  • Get a Company Registration Certificate
Documents Required
  • Address Proof
  • PAN Card for Indian Directors
  • Passport for Foreign Directors
  • Passport-sized Photographs
  • Company Incorporation Certificate
How can we help you?
  • Initial Consultation
  • Company Structure Advice
  • Document Drafting
  • Compliance Verification

Build your Business Empire in Indian Economy worth $4 Trillion

Let our business consultants make the journey of company registration easy.

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Easy and Hassle-free Company Registration in India

Company registration in India is a complex process involving multiple stages of incorporation, starting from choosing a unique company name, obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN), etc. It also involves submitting the required documents to the Ministry of Corporate Affairs (MCA) through an online SPICe+ form.

Once the approval is granted, a Certificate of Incorporation, Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are issued. Enterslice offers cost-effective company incorporation services, managing your legal, compliance and paperwork requirements and guiding you at every registration step registration!

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Types of Company Registration in India

Entities can choose from different types of company registration in India. The types of business registration structures available include - private limited company, one-person company, limited liability partnership, section 8 company, partnership firm, or proprietorship firm.

However, the private limited company is one of the most commonly used business structures in India due to its features such as limited liability protection, access to funding, perpetual success, etc.

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Private Limited Company

Recognized as a distinct legal entity separate from its founders, its directors are responsible for managing business operations, while stakeholders invest money and hold partial ownership of the company.

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One Person Company (OPC)

OPC allows a single person to own and operate a corporate business with limited liability protection. Registered under the Companies Act, 2013, OPC is preferred by small businesses looking to raise capital.

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Limited Liability Partnership (LLP)

An LLP is registered under the Limited Liability Act of 2008. It is a distinct legal entity with liabilities of partners limited to their contributions. It blends features of both partnerships and corporations.

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Partnership Firm

Partnership firms are business entities with two or more business partners who manage and operate the business according to the partnership deed, which outlines profit sharing and lists liabilities and responsibilities.

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Proprietorship Firm

Proprietorship Firms in India are owned and managed by a single person, who exercises complete control over the business operations. The owner of a partnership firm bears unlimited liability for all business obligations and debts.

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Public Limited Company

A Public Limited Company is a business entity with publicly traded shares on the stock exchange. Such companies allow ownership distribution among the general public and adhere to strict regulatory and legal compliances.

Procedure for Company Incorporation in India

The procedure for company incorporation in India involves getting DSC & DIN for directors, choosing a unique business name, drafting a Memorandum of Association (MoA) and Articles of Association (AoA), filing incorporation documents with the Ministry of Corporate Affairs (MCA) and obtaining a company registration certificate.

Acquire DSC & DIN

The process of company formation in India starts with obtaining the Director Identification Number (DIN) and the Digital Signature Certificate (DSC) for the company's promoters or directors.

Reserve & Select Company Name

Choosing a unique name for the business is crucial as it defines its identity. The name must be selected according to name availability compliance and should not infringe on any existing trademarks.

Draft MoA & AoA

To outline the company's scope and internal rules, drafting MoA and AoA is a must for successfully running the business.

Filing of SPICe+ Application

After the name reservation, the next step is to file the SPICe+ (INC-32) form. This comprehensive application combines various services into a single incorporation application.

Get a Company Registration Certificate

Once the ROC reviews & approves the SPICe+ form and other documents, the MCA issues a Certificate of Registration, declaring the company's registration as legal and official.

Timeline for Company Formation in India

Depending on document processing and approvals, it takes 7 to 10 working days from the time the application is submitted to incorporate a private limited company. Have a look at the timeline for company formation in India-

DSC & DIN - 1 to 3 Working Days

Getting directors' DSC and DIN is not a lengthy process and can be completed quickly. Typically, it takes 1 to 3 working days to complete the process and receive the DSC and DIN.

Name Reservation - 1 to 2 Working Days

Reserving the unique company name is an essential process in company registration. You must apply for a name reservation with the MCA, where the available name is approved, within 1 to 2 working days.

Drafting & Filing Documents: 2 to 4 Working Days

Preparing and submitting the essential paperwork, including the MoA, AoA, and other necessary forms, takes 2 to 4 working days.

Incorporation (SPICe+ Form) – 3 to 7 Working Days

After submitting all paperwork to the MCA, it usually takes 3 to 7 working days to receive the Certificate of Incorporation, subject to no objections or questions.

Post-Incorporation Compliance – 1 to 2 Weeks

The post-incorporation process to obtain the GST, PAN, and TAN to fulfil regulatory obligations takes 1 to 2 weeks.

India is a paradise for business enthusiasts. With 127 thousand startups and 100+ unicorns in the country, it's a perfect place to start and expand your business. Launch your dream business effortlessly with our experts.

Documents Required for Private Limited Company Registration

Company registration documents to register a private limited company in India include the following:

PAN Card – Indian Directors

Aadhar Card - Indian Directors

Passport – Foreign directors

Passport-size Photos

Latest Utility Bills

Specimen Signatures

Name Significance Letter

Company Formation in India is Worry-free with Enterslice

Experience a seamless process of company formation in India with Enterslice, India's leading company registration consultation firm. Enterslice connects with top-tier professionals, including Chartered Accountants (CAs), Company Secretaries (CSs), Corporate Lawyers, and business consultants.

We offer personalized services for online company incorporation in India, and our seasoned advisors guide you through the end-to-end process, from documentation to incorporation. We create tailored solutions depending on your business needs to ensure a quick, hassle-free and smooth registration process. 98 out of 100 companies registered with the help of our experts are running successfully.

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Company Registration Cost in India

Depending on the business needs, company registration costs in India, including government fees and our consultation charges, start from Rs. 8,499. However, this cost can vary if you do not complete the process properly. Our expert consultants can help you manage your costs by offering expert guidance. Let us explore the different costs involved in company registration:

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Professional Fees

This includes our professional fees for consultants who help in the registration process.

Government Fees

This includes expenses related to name reservations and other government charges.

Stamp Duty

Stamp duty fee varies from state to state and is based on the authorized capital.

Cost of Acquiring DSC & DIN

The charges for acquiring DIN & DSC are fixed, providing you with a clear understanding of the total cost involved.

Company Registration Pricing Plan- Save up to 40%

Depending on your requirements, you can choose any one of our company incorporation service packages:

BASIC

Recommended for Startups

₹8,499

Services Included:

  • DSC for 2 Directors
  • DIN for 2 Directors
  • MoA and AoA Drafting
  • Incorporation Certificate
  • PAN and TAN Application

STANDARD

Recommended for Businesses

₹15,499

Services Included:

  • Basic Plan +
  • GST Registration
  • Auditor Appointment
  • MSME Registration
  • Business Inception
  • Share Certificate Allocation
  • Business Document Copies

PREMIUM

Recommended for Corporates

₹35,499

Services Included:

  • Standard Plan +
  • Trademark Registration
  • Annual Statutory Compliance
  • Startup India Registration
  • Current Account Setup Assistance

Prerequisite for Private Limited Company Registration

  • Business Structure :- Depending on your business needs, choose the appropriate company structure—a Private Limited Company, a Public Limited Company, a Limited Liability Partnership (LLP), etc.
  • Name Reservation :- Select a distinctive company name that adheres to the naming regulations established by the Ministry of Corporate Affairs (MCA).
  • Digital Signature Certificate (DSC) :- Acquire Digital Signatures for all proposed directors. This is necessary for electronically signing documents during the registration process.
  • Director Identification Number (DIN) :- Secure DIN for all proposed directors—this distinct identification number is issued by the Ministry of Corporate Affairs (MCA).
  • Registered Office Address :- Ensure you have a valid address for your company’s registered office. This physical location is where official documents and communications will be sent.
  • Incorporation Documents :- MoA & AoA, PAN card of directors, and proof of registered office address.

Why is it Necessary to Choose the Right Business Structure?

Selecting the right business structure is crucial to operating a business in India. Understanding the options is essential, whether starting a new business or expanding an existing one. Your business's legal structure determines its tax rates, management and paperwork requirements, fundraising abilities, and other factors. Partnerships and sole proprietorships are relatively simple, but they do not offer protection against liability.

Selecting your business structure meticulously is crucial because it will influence your income tax return. When forming your company or entity, keep in mind that each business structure has varying compliance requirements. For example, a sole proprietor needs only an Individual Tax Return (ITR) to file. Nevertheless, a business must submit an income tax return and annual filings to the ROCs.

Eligibility Criteria for Private Limited Company

In accordance with Ministry of Corporate Affairs guidelines, the eligibility criteria to register a company in India requires the following:

Checklist for the private Limited Company:

  • Shareholders – Minimum 2, Maximum - 200
  • Directors – 2, one Indian resident is a must
  • Unique company name, with no similarity to existing business
  • Company name approved by the Registrar of Companies
  • Official company address
  • GST registration
  • Employee Provident Fund (EPF) registration
  • Professional Tax registration (if applicable)
  • Legal & regulatory compliance
  • No involvement in illegal activities
  • Capital requirement confirmation
  • Official bank account
  • Memorandum of Association (MoA) & Articles of Association (AoA)
  • Appointment of auditor, chartered accountant and CS
  • Intellectual property registrations – trademark, logo etc.

Checklist for the Directors:

  • Director Identification Number (DIN)
  • Digital Signature Certificate (DSC)
  • Permanent Account Number (PAN)
  • Tax Deduction and Collection Number (TAN)
  • Directors and shareholders must have attained the legal age
  • Address Proof

What are the Post Incorporation Compliances for Private Limited Companies?

Non-compliance can lead to fines and penalties for the directors and the company, making it essential for the company to follow the post-incorporation requirements as follows:

  • PAN and TAN application
  • Opening a Bank Account
  • Issuance of Share Certificates
  • Maintaining Statutory Registers
  • Appointment of Auditor
  • GST Registration
  • Professional Tax Registrations
  • Commencement of Business Certificate
  • Board Meetings
  • Annual General Meetings (AGM)
  • Annual Filings
  • Income Tax Returns
  • Labour Law Compliance
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Why Enterslice is the Best Choice for Company Formation in India?

The online company registration process can be complex and time-consuming. Our experts are here to simplify the process and ensure a smooth registration journey. Trust Enterslice to be your reliable partner for company registration in India. Here's how we can streamline your journey for company formation in India-

  • Verify your desired company name and ensure regulatory compliance.
  • Obtain DSCs for directors and shareholders.
  • Apply for DINs for all directors.
  • Prepare MoA and AoA to comply with legal standards.
  • Register your brand name and logo.
  • Submit forms and documents to the Registrar of Companies.
  • Apply for PAN and TAN for your company.
  • Obtain GST registration for your business.
  • Ensure adherence to all statutory requirements.
  • Assist in opening a company bank account.
  • Create your company seal and rubber stamp.

Frequently Asked Questions

The Company Registration can be checked through the official website of the Ministry of Corporate Affairs (MCA).

You can contact Enterslice for a hassle-free company registration at your convenience.

The company registration process usually takes around 7 to 10 working days.

Foreign nationals and NRIs can also register a public limited company, private limited company or limited liability partnership (LLP) in India.

A private limited company has shareholders and directors with limited liability. An LLP has partners with limited liability and fewer compliance requirements.

The minimum number of directors required to register a company in India is one for OPC, two for private companies, and at least three for public companies.

There is no minimum capital required to register a private limited company.

Yes, a company can be registered at a residential address if required address proofs are submitted at the time of incorporation.

Yes, converting an existing partnership firm into a company with at least two directors is possible.

A sole proprietorship is a business owned and operated by a single individual responsible for all business obligations. At the same time, a one-person company (OPC) is a separate legal entity that offers limited liability protection, keeping personal and business assets distinct.

Digital Signature Certificates are the electronic versions of physical or paper certificates. They serve the same purpose digitally, verifying identities and securing electronic documents.

A public limited company is listed on a reputable stock market, and its shares are traded openly. However, private limited companies are not publicly traded on the stock exchange.

Eligible startups can get a 100% tax rebate on profit for three years in a block of seven years if their annual turnover does not exceed Rs. 25 crores in any financial year.

A Company Registration Number (CRN) is a unique identification assigned during incorporation.

A Company Identification Number (CIN) is a 21-digit alphanumeric code allocated by the MCA, suggesting company status and compliance details.

The company registration certificate is an official document allotted by the MCA that acts as legal proof of the company’s incorporation.

A company incorporation certificate, known as a certificate of incorporation (COI), is a legal document issued by the MCA that establishes a company as a separate legal entity.

Yes, Company registration consultants at Enterslice can help you convert your proprietorship firm into a private limited company.

The cost of company registration in India depends on various factors. At Enterslice, you can choose a business registration package starting from Rs. 8,499.

Company registration is compulsory in India as a part of legal compliance for companies under the Companies Act, 2013.

Any individual or entity, even foreign nationals, can register a private limited company in India with a minimum of two directors.

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