Company Registration Online, Start Pvt Ltd Company

Online Company Registration

The Private Limited Company Registration is the most popular legal structure for starting a business in India.

Get Started Now – All Inclusive Package Rs 6,999*

Package Inclusions –

DSC and DIN for 2 Directors.
Company Name Reservation.
MOA & AOA.
Corporate Identification Number (CIN).
PAN & TAN.
Bank Account Opening Template.

What is Company Registration Process?

The Private Limited Company registration process is an online process under the initiative of the Ministry of corporate affairs. Planning to start a company the Private limited company is strongly recommended for startups due to ease of operations and access to a venture fund. Enterslice lends a hand to start-ups across India and provides premium advisory services for Startup Company registration, Corporate Income Tax, Preparing Business Plan, Investor Deck, Registration under Startup India, and also in designing an investment-friendly corporate structure.

Therefore, for the better understanding of online Company registration process, we have drafted 25 FAQ at the end of the page. Into the bargain, if you need a detail explanation on Company Registration process, Cost and Timeline, please fill your details above and click on Get Started button or email at info@enterslice.com and our expert will send you a service brochure about the pros and cons of starting a company in India.

Therefore, for the better understanding of online Company registration process, we have drafted 25 FAQ at the end of the page. Into the bargain, if you need a detail explanation on Company Registration process, Cost and Timeline, please fill your details above and click on Get Started button or email at info@enterslice.com and our expert will send you a detailed brochure about the online Company registration process.

Know Simple 7 Steps to register a company in India

Launching Own startup is more of a passion and we argue to start a business with a mission to bring change in Product or services. The Business idea should have the ability to go viral and solve problems. The Business registration in India has been simplified under the initiative of the Ministry of Corporate Affairs.

Step 1 – Select a Right Business structure

One Person Company Registration - In OPC Structure you will get almost all the benefits of Private Limited Company so it is advisable to start a Sole Ownership in case you are not willing to share ownership.
Private Limited Company Registration - Private Limited Company is a most popular business structure in India, Startup always runs towards the Pvt Ltd Company registration. PLC has separate existence than its Members and Directors. Venture Capital fund is easy in Pvt Ltd Company
Limited Liability Partnership Registration (LLP) - LLP is suitable for Consultants, Advisors, and Lawyers/Professionals. LLP registration is very pocket-friendly in terms of increasing the Capital, Annual returns and legal compliance etc.

Want to know more about Business Structure Request a Call Back

Step 2: Select a Brand name and Legal Name

After you finalize the business structure next step is to finalize a brand name and company legal name in Consultation with a CA/CS

Step 3: Hire A CA & CS

Prefer to hire a CA / CS who can work with you with long term vision as if you have a CA who understands your business well then you can grow well.

Step 4: Digital Signature Certificate (DSC)

All Proposed directors of the Private Limited Company should have a digital signature that will be used to file the online Company Registration application and in future, you can use same DSC for a signing of ROC compliance e-forms, and E-Income Tax returns

Step 5: Name Approval

We believe that you will select Enterslice for Company registration, we shall ensure to file Name Approval Form (RUN) in Just 2 working Days

Step 6: Submission of Final Incorporation form along With MOA & AOA

After Name Approval, we need KYC, Photo and Address proof of Directors & Shareholders, Our Team will submit Spice e-form to MCA in 3 days you will get Certificate of registration along with PAN & TAN in Maximum 5 Working days.

Step 7: Bank Account & GST Registration

Open your bank Account and Launch Your Startup

Documents required for Online Company registration

A. From Members and Directors (Self-attested)

PAN Card of Members and Directors.
Aadhar card.
Election ID Card / Passport.
Scan copy of Photographs.
Latest Bank statement not older than 30 days.

B. For Registered office

Rent Agreement on the name of Company.
Utility bills (Not older than 30 days).

Advantages of Private Limited Company Registration

Limited Liability - Liability of Members and Directors of the Private Limited Company is limited to the number of shares. This means that if in any case company suffers from any loss and faces financial distress because of primary business activity then the personal assets of Shareholders/Members/Directors will not be at risk of being seized by banks, creditors, and government.
Continuity of Existence - The life of a business is not affected by the status of shareholders and even after the death of the shareholder; the private limited company continues to exist.
Scope of Expansion - The Scope of expansion is higher because easy to raise capital from a venture capitalist, angel investor, financial institutions and the advantage of limited liability. The Private limited company offers more transparency in the company.
Brand Value - In comparison to Sole Proprietorship, Private Limited Company has more value as it owns a separate legal entity managing affairs on its own name.
Valuation and Customer - Valuation is an important aspect of the company and high valuation comes from loyal customers. You should work on a business model with a higher lifetime value of a customer; Entrepreneur should focus on higher assessment of the company by offering the unique value proposition to the customer's life.

Starting a company by foreign national

Indian is among the 6th biggest economy of the world. In most of the business sectors and as per government recent notification, FDI (Foreign Direct Investment) from 26 % to 100% is allowed. 100% FDI is allowed in NBFC & Payments business, Software, Business support, Trading, and Manufacturing. As a foreign entrepreneur if you are planning to apply for online company registration in India then the registration process is the same as it for Indian citizen. You simply need one Indian Resident director to initiate the Company formation process in India.

10 Things to do After Private Limited Registration

1. Call 1st Board Meeting for Appointment of Auditor.

2. Open Bank Account.

3. Trademark registration.

4. GST Registration.

5. MSME Registration.

6. The issue of Share Certificate to the members.

7. Finalize the founder's agreement.

8. Prepare Employment agreements.

9. Draft Company policies and SOP.

10. Launch your product / Services.

Do I need to issue Share Certificates to my Co-founders after Company Registration?

Yes, you can issue share certificate to the co-founders after the company registration complying the followings

Share certificate to members/Co-founders must be issued within 60 days from the incorporation of a company.
In case transfer of shares to Non-Members Within the period of 30 days from the receipts of transfer letter.
Conduct a board meeting and form an allotment committee.
Need to prepare the register of members.
Printing of share certificate.
Intimation and dispatch of shares.

Know 6 Steps to Check Company Registration Status

India is among a very few countries where company data is easily available for public view. From the Public view, you can find Directors details, Balance sheet/Annual returns or Charge status. At below, we tried to explain to you to verify the company registration status as well compliance status of the company.

Visit www.mca.gov.in.
Click on MCA Services.
View company master Data.
Type Company name.
ROC will display Company details.
Check company registration & Compliance status.

Can I apply for Start-up India Program after Company Incorporation?

Start-up India programs are available for emerging startups having a capability of generating employment and solving problems of the mass appeal. Here, eligible startups can easily apply under this program. Subsidies under the Startup India program will cease to exist in case the company crosses the 25 Cr annual turnovers in a financial year. The following are the benefits of Registration under the Start-up India Program

0% Income Tax benefits for 3 Years.
0% Tax on Capital Gain.
All government approvals from one Web Portal.
Fast-track processing and 80% rebate on Startup Patent Registration.
Free Legal Agreements.
Start-up Funding.
Free Mentorship and Access of knowledge.

14 Mandatory Compliances for a Private Limited Company

Enterslice has been supporting thousands of startups like yours; you can subscribe to our annual compliance package. Below is the annual compliance checklist for small companies (Capital below Rs 50 Lac and turnover below Rs 2 Cr)-

Appointment of Auditors with 30 days from the date of company registration.
Minimum 2 board meetings in every 2 quarters.
GST Payments on Monthly / Quarterly basis
Monthly TDS Payments
Quarterly TDS Returns
GST Annual Returns
Conduct 1st AGM within 15 months.
Filling of Annual returns MGT-7, AOC-4, MBP-1, and DIR-8.
Director reports about the operation and performance of the company.
Maintenance of statutory register etc.
Circulation of Financial Statement other documents to members and directors.
Filing of Income tax returns by or before 30th September of following financial year.
Filing of Tax Audit report to Income tax department (in case Gross receipts is more than Rs. 1 Cr)
Income tax Assessment

Frequently Asked Questions about Online Company Registration in India

1. Do I need to be present during the Company Registration process?

Company registration is a 100% online process. No need to present physically to our office or ministry of corporate affairs. We will send our personnel to your home or office for document signature.

2. What is the Articles of Association (AOA) and Memorandum of Association (MOA)?

AOA refers to articles of association which defines the internal constitution of the company, and MOA defines mission, vision, and business object of the company in the long run business.

3. Can I register a Company at the residential address?

Yes. You can use the residential premises for Company registration as well for GST Registration.

4. Do I need to hire a full-time CA/CS?

No. You don't need to hire a full-time CA or CS. We can do all the formalities required for annual compliance on your behalf as we are backed by a team of professionals.

5. How much time is required for registering a private limited company in India?

Usually, we register a company within 7-20 business days.

6. What are the rules for picking a name for a private limited company?

As per the Companies Act 2013, the company name should be unique, and the name should reflect the business object.

7. What documents are required for Private Limited Company Registration in India?

All proposed directors should provide identity proof (like Aadhar/Passport/DL/any other government-issued ID, Utility bills as address proof, a copy, PAN Card (for Indian Nationals) and Passport (for foreign nationals). No-objection Certificate must be submitted by the owner of the registered office premises.

8. What is a DSC & DIN?

The DSC is a digital signature certificate which is issued by the certifying authority to sign the electronic documents. DIN is a director identification number. DIN is allocated along with Certificate of Incorporation through SPICe Form.

9. What is the validity of the Private Limited Company Registration?

A Private Limited Company Registration certificate issued by the registrar of the company shall be valid throughout the life of the company.

10. Can an NRI become a Director in a Company?

NRI can become a director in a Pvt. Ltd. company and there is no requirement of obtaining the prior approval of the government or RBI however at least one director must be a resident of India.

11. What is the minimum investment required to set up a Private Limited Company in India?

For Private Limited Company Registration in India, there is no requirement of minimum Paid-up Share capital or contribution.

12. What if I don't have any partner? Can I Register my Private Limited Company with my family members?

Yes. You can register your Private Limited Company with your family members and later you can transfer shares if you want.

13. Is GST Registration mandatory for the private limited company?

GST Registration is not mandatory until the turnover of your company reaches 20 lakh rupees or 10 lakh rupees in case of the northeastern state.

14. Can I apply for Startup India registration?

Yes, startup India registration is possible with the private limited company registration. For this, you just need to register with the startup India portal. No worries, we will do this on your behalf.

15. Am I eligible to do multiple businesses under one private limited company registration?

Yes, you are eligible for multiple businesses under one private limited company. However, you are required to mention the detail of all the businesses in the MOA of the company while going for registration.

16. How can I protect my company name or logo in India?

For this, trademark registration application should be filed to the authority after company registration.

17. What are the prescribed minimum requirements to become a director of a Private Limited company?

1. Any individual or company can become a director in a company.

2. An Individual must 18+ years Age.

18. Can I become a director in a company if I am already working somewhere or doing a full-time Job?

If there is no employment contract then you can become a director in a company. But usually, you should avoid this. As your Employer will not allow you to float a company with the employment.

19. Is FDI allowed in a private limited company?

Yes, Venture capitalist firms or angel investors can make an investment in the private limited company.

20. What are the mandatory Annual Compliances for Private Limited Company?

Following are under the mandatory annual compliances-
1. Auditor Appointment.
2. Convene AGM.
3. Income Tax Return filing.
4. Filing of Annual Return and financial statements etc.

21. Can a private limited company be converted into any other type of entity such as LLP or OPC?

Yes, a Private limited company can be converted into the LLP or OPC at any time by filing the appropriate forms with the prescribed government authority.

22. What is the meaning of limited liability in the Private Limited Company?

Limited liability means that the liability in a private limited company is limited up to the contribution made by the members of the company.

23. What other registrations are required to start my own business?

There are no such mandatory registrations however you can apply for MSME Registration or Trademark Registration or FSSAI License or Patent Registration as per your requirement.

24. What is the Private Limited Company Registration Fees?

The government fees for Company registration is approximate Rs. 3500 and you can hire a CA/CS their fees may be in the range of Rs 5000 to 10,000 depending on their expertise and quality of work. The experienced CA/CS is able to give you error free MOA & AOA Draft as a well right selection of company business activity in Spice form. Always avoid fresher or Non-CA/CS firm in case you are hiring a company registration consultant in your city.

25. Can I convert my existing One Person Company to Private Limited Company?

OPC can be converted to Private limited subjectively you have a paid-up capital above Rs. 50 lac or annual turnover is more Rs 2 Cr. The conversion of OPC to Private limited company may take time between 15 to 25 days.