{"id":2923,"date":"2017-07-24T11:06:41","date_gmt":"2017-07-24T05:36:41","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=2923"},"modified":"2020-11-18T13:58:17","modified_gmt":"2020-11-18T08:28:17","slug":"company-registration-in-mumbai","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/company-registration-in-mumbai\/","title":{"rendered":"Company Registration in Mumbai"},"content":{"rendered":"<p class=\"has-drop-cap\">Today, hundreds and thousands of people are considering starting a business in Mumbai. In general, if you wish to start something on your own then it is expected that already you have worked with 2-3 companies. Those leaving job often think about their second or third career move is to have their own business.<\/p>\n\n\n\n<p>The good news: Starting a business in Mumbai is easy and start-ups are welcomed by Mumbai people and let&rsquo;s get your&nbsp;<a href=\"https:\/\/enterslice.com\/learning\/company-registration-in-mumbai\/\"><strong>Online Company Registration<\/strong><\/a>&nbsp;in Mumbai who wants to take a risk and move forward.<\/p>\n\n\n\n<p>Company Registration in Mumbai is required by most of the Entrepreneurs in Mumbai due to growing needs of the society and due to dynamic change in the corporate sector, as Mumbai is the most popular place for the new business and start-ups in India. Thus, most of the new business and start-ups in Mumbai are looking for legal advice on Business Registration or LLP Registration in Mumbai. Private Limited Company is the best corporate structure to start your own Business and Private Limited Company has more credibility than a <a href=\"https:\/\/enterslice.com\/limited-liability-partnership\"><strong>Limited liability Partnership<\/strong><\/a> or General Partnership.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Company Registration in Mumbai: 7 Reasons to Register a Private Limited Company in Mumbai<\/h2>\n\n\n\n<p><strong>The reason to register a Private Limited Company in Mumbai can be as follows:<\/strong><\/p>\n\n\n\n<ol type=\"1\"><li>Liability of Members and Directors of the Private Limited Company is limited to their shares.<\/li><li>A Private Limited Company has its own separate entity.<\/li><li>Registering a Company as a Private Limited ensures Brand uniqueness and also eliminates duplication in the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a>.<\/li><li>Registering a Company as a Private Limited ensures that the business is not tied to its promoter and is a separate legal entity. This means that the promoter can pursue different opportunities as and when the business evolves.<\/li><li>Registration of Company as a Private Limited would result in quick growth and an ability to independently pursue various opportunities in the market, thus having an edge over the competitors.<\/li><li>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.<\/li><li>By a Private Limited registration, the business makes information like name, registered address, incorporation date, company status, and other related data searchable and easily available for investors and customers in public databases. This improves business credibility and makes it easy to authenticate the business to its vendors, customers, and <strong>investors<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Investor\">[1]<\/a><\/sup><\/strong>.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Company Registration in Mumbai: Procedure to apply for Private Limited Company Registration in Mumbai<\/h2>\n\n\n\n<ul type=\"1\"><li>Requirements to be fulfilled before registering a Private Limited Company in Mumbai:<\/li><\/ul>\n\n\n\n<ol><li>Require minimum 2 <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Shareholder&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A shareholder is an individual or entity that owns at least one share of a company&amp;#039;s stock, granting them partial ownership of the company. This status allows them certain rights, including(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/shareholder\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Shareholder<\/a> and 2 Directors (At least one Director should be Resident Director)<\/li><li>Directors and Shareholder can be the same<\/li><li><a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Authorized Capital&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Authorized capital, often referred to as &amp;quot;authorized shares&amp;quot; or &amp;quot;authorized stock,&amp;quot; is a fundamental concept in the world of finance and business. It plays a pivotal role in determining a(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/authorized-capital\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Authorized Capital<\/a> &ndash; no Minimum Requirement<\/li><li>Pan Card, Voter Id or Aadhar Card<\/li><li>Passport size Photo<\/li><li>Address Proof &ndash; Not older than 2 Months (Bank Statement \/ Mobile Bill\/ Telephone Bill \/Electricity Bill)<\/li><li>Business Premise address proof of Rent Agreement or Utility Bills or Sale Deed<\/li><\/ol>\n\n\n\n<ul><li>Apply for the&nbsp;<a href=\"https:\/\/enterslice.com\/learning\/how-to-obtain-din-director-identification-number\/\"><strong>Director Identification Number<\/strong><\/a>&nbsp;(DIN) in Form DIR-3<\/li><li>Apply for the Digital Signature(DSC)<\/li><li>Search and give a suggestion for the Company Name availability. (Can provide maximum 6 names preference wise)<\/li><li>Name Approval and Reservation<\/li><li>Drafting the MOA (Memorandum of Association) and AOA (Article of Association) of the Company<\/li><li>Apply for the PAN (Permanent Account Number) and TAN (Tax Account Number) on the Name of the Company.<\/li><li>After verifying all the details ROC Mumbai Regional office issue final Certificate of Incorporation which also includes CIN (Corporate Identification Number).<\/li><li>Open a current bank account in the name of company.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Advantages of Company Registration in Mumbai<\/h2>\n\n\n\n<p><strong>The advantages of company registration in Mumbai include the following:<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"665\" height=\"348\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/11\/image-42.png\" alt=\"Advantages of Company Registration in Mumbai\" class=\"wp-image-40118\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/11\/image-42.png 665w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/11\/image-42-300x157.png 300w\" sizes=\"(max-width: 665px) 100vw, 665px\"\/><\/figure><\/div>\n\n\n\n<ul><li>Mumbai being an extravagant, delightful and an ambiguous city, registering your company here would result in great progress and profit.<\/li><li>By registering your company here, it may enhance your company&rsquo;s brand image, reputation and perception of business.<\/li><li>It would attract investors and raising money could be easier.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>If you are looking to enhance your business, consider company registration in Mumbai. In case you have any queries regarding the same, contact <a href=\"https:\/\/enterslice.com\/\"><strong>Enterslice<\/strong><\/a>.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/enterslice.com\/learning\/companies-amendment-act-2020\/\">\nCompanies <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Amendment<\/a> Act, 2020 &ndash; Key Features\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, hundreds and thousands of people are considering starting a business in Mumbai. In general, if you wish to start something on your own then it is expected that already you have worked with 2-3 companies. Those leaving job often think about their second or third career move is to have their own business. The [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":40127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1322],"tags":[1616],"acf":{"service_id":"1"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Registration in Mumbai - Enterslice Fintech<\/title>\n<meta name=\"description\" content=\"Company Registration in Mumbai is required by most of the Entrepreneurs in Mumbai due to growing needs of the society and due to dynamic change.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/company-registration-in-mumbai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Company Registration in Mumbai - Enterslice Fintech\" \/>\n<meta property=\"og:description\" content=\"Company Registration in Mumbai is required by most of the Entrepreneurs in Mumbai due to growing needs of the society and due to dynamic change.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/company-registration-in-mumbai\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-24T05:36:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-18T08:28:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2017\/07\/Company-Registration-in-Mumbai.png\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Ashish M. Shaji","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/10\/04.jpg","authorDescription":"Ashish M. Shaji has done his graduation in law (BA. LLB) from CCS University. He has keen interests in doing extensive research and writing on legal subjects especially on corporate law. He is a creative thinker and has a great interest in exploring legal subjects.","postViews":634,"readingTime":3,"nextPost":{"id":2926,"slug":"register-brand-name-india"},"prevPost":{"id":2918,"slug":"fssai-license-renewal-process-online"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2017\/07\/Company-Registration-in-Mumbai.png","postTerms":"Company Registration","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/2923"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=2923"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/2923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/40127"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=2923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=2923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=2923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}