Company Formation in India

Complete Process Company Formation In India

The following documents are required to be filed with the Registrar of Companies:

• The Memorandum of Association (duly stamped) and a duplicate thereof
• The Articles of Association (duly stamped) and a copy thereof
• The Declaration by Professional in INC-8
• An affidavit from the applicant for the Memorandum in Form INC-9
• Proof of residence
• Proof of identity
• The verification of the subscribers’ signatures on Form INC-10
• A copy of the letter from the Registrar of Companies stating the availability of the company’s proposed name
• The e-Form №1 (with prescribed stamps) for the incorporation of a company
• The receipt indicating the payment of the prescribed registration and filing fee.

Also Read — What is Section 8 Company?

Also Read — Key Highlights of Union Budget of India

The minimum requirements for the Private Limited Company

• Minimum 2 Directors
• Minimum 2 Shareholders (Directors & Shareholders can be the same)
• Minimum paid-up capital of Rs. 1,00,000/-
• DIN for both Directors
• Digital Signatures for all Directors
• Consent from subscriber or director
• Proof of Registered Address
• NOC from the owner of the premises

Company Registration Now LEGALLANDS

Where can I register my company?

If you intend to register a new company in India, you must submit an application to the Ministry of Corporate Affairs (MCA). You make the application online at the MCA portal remotely too. For registration, you’ll need a Digital Signature Certificate Apply(DSC), and Director Identity Number(DIN), among other things.

How many days does it take to register a company?

The new changes brought about by the MCA have made it easy to register companies of any nature with the government. Provided that you have all your documents in place, it can take anywhere between 10–15 days to register your company formally.

How much does it cost to Register a startup in India?

Here are four steps that need to be followed to start your own business in India: If you are a services provider (for example, a tech startup, etc.), service tax registration is necessary (maximum cost will be Rs 3,000 including registration and it will take four to six working days).

Which registration is best for startup?

The first thing that is required to start a new business or Startup is getting the business registered……

Business Registration for Startup

• Private Limited Company.
• Public Limited Company.
• One Person Company.
• Limited Liability Partnership.
• Partnership Firm.
• Sole Proprietorship.
• NGO/Trust.
• Nidhi Company.