Company Registration in INDIA
We will take care of the Company formation part as the
Process is Completely online and guide you every step of the way.
Company Registration in India is Quick, Easy & Affordable.
4 Things you need to know before starting a company in India
What kind of company should I open?
Most of our clients opt for private limited companies — they meet most entrepreneurs’ needs and also the procedure is fast and affordable. The other types are One Person Company(OPC), Limited liability partnership, Public Limited Company, etc.
Do I have to be physically present to open a company?
No, there’s no need to be present to start a company — we can register your company completely ONLINE!
Download Pre-Incorporation checklist
We’ve put together all documents and details you need to have figured out before you open a company.
Sample of Certificate of Incorporation (COI)
You will get COI, MOA, AOA, PAN, TAN, DSC, DIN, EPF & ESIC once you’ve incorporated the company. Check out what it looks like.
What kind of company should I open?
Most of our clients opt for private limited companies — they meet most entrepreneurs’ needs and also the procedure is fast and affordable. The other types are One Person Company(OPC), Limited liability partnership, Public Limited Company, etc.
Do I have to be physically present to open a company?
No, there’s no need to be present to start a company — we can register your company completely ONLINE!
Download Pre-Incorporation checklist
We’ve put together all documents and details you need to have figured out before you open a company.
Sample of Certificate of Incorporation (COI)
You will get COI, MOA, AOA, PAN, TAN, DSC, DIN, EPF & ESIC once you’ve incorporated the company. Check out what it looks like.
Every step taken in taking a business forward
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Your documents, contracts, and registrations handled by expert lawyers.
Tax
Filing returns and paying your taxes – made easier for you.
Compliance
Our chartered accountants & company secretaries will keep your books in order.
OPC Registration is suitable for the person who wishes to start their business all alone with limit liability. OPC Registration opens new business opportunities for sole proprietors and entrepreneurs.
Ultimate Benefits
- Limited liability protection to directors’ personal assets
- Better image and credibility in the market
- Builds Credibility
- FDI Allowed
- Separate Legal Entity
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
LLP is a combination of partnership firm and company in single entity. LLP has a structure with higher flexibility and lower maintenance. It is most suitable type of business entity for professionals.
Ultimate Benefits
- Audit not Mandatory
- Less Legal Compliances
- No limit over maximum no of Partners
- Cost Effective
- Easy Transferable Ownership
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
A Public Limited Companyis a company with limited liability that sells shares to the public. The shares can be purchased by anyone, either privately through an initial public offering (IPO) or publicly through stock market trades.
Benefits
- Uninterrupted existence
- Growth and expansion opportunities
- Capacity to sue and be sued
- Borrowing Capacity
- Can be listed in stock exchange
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
A producer company is a legally recognised group of farmers/agriculturists whose goal is to improve their living standards and assure a good status of their available assistance, incomes, and profitability.
Ultimate Benefits
- Separate Legal Entity
- Tax Benefits
- Simple Management
- Loans and Investment
- Continuous Existence
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
Section 8 Company is formed with a motive to promote science, commerce, art, sports, technology, education, social welfare, and others. Section 8 company can do its operations anywhere in India.
Ultimate Benefits
- Tax Benefits
- Credibility
- Distinct Legal Identity
- There is no minimum capital
- Donators are exempted
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
Nidhi Company is incorporated with the object of developing the habit of thrift and save and reserve the funds amongst its members and receiving deposits and lending from and to its members only, for their mutual benefit.
Ultimate Benefits
- Minimal risk of non-payment of loan
- Limited RBI regulations
- Low capital requirements
- No outsider interference
- Perpetual succession
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
A partnership is the relationship of two or more ‘partners’ carrying out a business with a view to making a profit. Partners are responsible for running the business and share profits between themselves.
Ultimate Benefits
- Easy Formation
- Greater amount of flexibility in partnerships.
- Easier to raise more capital by bringing more people.
- Combination of different skills.
- Large Resources.
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
A Sole Proprietorship form of business organisation is where a business is managed by a single person. Any individual who wants to start a business with less investment can choose this type of business form.
Ultimate Benefits
- Less compliances
- Control of the business.
- Quick decision making
- Attract Lower Taxes
Easy Formation
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
A subsidiary company is a company whose control lies with another company. A Subsidiary Company can be registered as a Private Limited Company or Public Limited Company.
Ultimate Benefits
- FDI is allowed 100% without any prior permission
- Parent Company (based in any part of the world) can retain a 100% effective ownership
- Indian subsidiary will have the same tax structure as a domestic company in India.
- Separate Legal Identity
- Parent company can provide continuous inflow of funds by subscribing to new shares of subsidiary company
[wd_hustle id=”1″ type=”popup”]Download Quick Checklist Now[/wd_hustle]
STARTING A BUSINESS AS
Private Limited Company
Private Limited Company
A Private Limited Company offers limited liability and legal protection to its shareholders. It is the simplest way to run and manage your business. It requires minimum 2 people to register.
Ultimate Benefits
- Better image and credibility in the market
- Easy Transferable Ownership
- Can Raising Money
- FDI Allowed
- Separate Legal Entity
One Person Company
One Person Company
OPC Registration is suitable for the person who wishes to start their business all alone with limit liability. OPC Registration opens new business opportunities for sole proprietors and entrepreneurs.
Ultimate Benefits
- Limited liability protection to directors’ personal assets
- Better image and credibility in the market
- Builds Credibility
- FDI Allowed
- Separate Legal Entity
Limited Liability Partnership
Limited Liability Partnership
LLP is a combination of partnership firm and company in single entity. LLP has a structure with higher flexibility and lower maintenance. It is most suitable type of business entity for professionals.
Ultimate Benefits
- Audit not Mandatory
- Less Legal Compliances
- No limit over maximum no of Partners
- Cost Effective
- Easy Transferable Ownership
Public Limited Company
Public Limited Company
A Public Limited Companyis a company with limited liability that sells shares to the public. The shares can be purchased by anyone, either privately through an initial public offering (IPO) or publicly through stock market trades.
Ultimate Benefits
- Uninterrupted existence
- Growth and expansion opportunities
- Capacity to sue and be sued
- Borrowing Capacity
- Can be listed in stock exchange
Producer Company
Producer company
A producer company is a legally recognised group of farmers/agriculturists whose goal is to improve their living standards and assure a good status of their available assistance, incomes, and profitability.
Ultimate Benefits
- Separate Legal Entity
- Tax Benefits
- Simple Management
- Loans and Investment
- Continuous Existence
Section 8 Company
Section 8 company
Section 8 Company is formed with a motive to promote science, commerce, art, sports, technology, education, social welfare, and others. Section 8 company can do its operations anywhere in India.
Ultimate Benefits
- Tax Benefits
- Credibility
- Distinct Legal Identity
- There is no minimum capital
- Donators are exempted
Nidhi Company
Nidhi company
Nidhi Company is incorporated with the object of developing the habit of thrift and save and reserve the funds amongst its members and receiving deposits and lending from and to its members only, for their mutual benefit.
Ultimate Benefits
- Minimal risk of non-payment of loan
- Limited RBI regulations
- Low capital requirements
- No outsider interference
- Perpetual succession
Partnership Registration
Partnership Registration
A partnership is the relationship of two or more ‘partners’ carrying out a business with a view to making a profit. Partners are responsible for running the business and share profits between themselves.
Ultimate Benefits
- Easy Formation
- Greater amount of flexibility in partnerships.
- Easier to raise more capital by bringing more people.
- Combination of different skills.
- Large Resources.
Sole Proprietorship Company
Sole Proprietorship Company
A Sole Proprietorship form of business organisation is where a business is managed by a single person. Any individual who wants to start a business with less investment can choose this type of business form.
Ultimate Benefits
- Less compliances
- Control of the business.
- Quick decision making
- Attract Lower Taxes
Indian Subsidiary
Indian Subsidiary
A subsidiary company is a company whose control lies with another company. A Subsidiary Company can be registered as a Private Limited Company or Public Limited Company.
Ultimate Benefits
- FDI is allowed 100% without any prior permission
- Parent Company (based in any part of the world) can retain a 100% effective ownership
- Indian subsidiary will have the same tax structure as a domestic company in India.
- Separate Legal Identity
- Parent company can provide continuous inflow of funds by subscribing to new shares of subsidiary company
Talk to our expert right now
Go to a live chat with one of our incorporation agents and get the answers straight away
Q&A
What are the requirements for Incorporation?
To register a company, you may be wondering whether you need a professional service firm or not. The answer is definitely yes. Udyog buddy is in the business of helping early-stage startups to register their companies and then to assist them in managing tax and regulatory compliances. To register a company in India begins with the analysis of the requirements to register the company.
Following is the list of the requirements-
- Two Shareholders of Company
- Two Directors
- Unique Name
- Registered Office Address & NOC from Owner
- Requirement of Capital (Authorized Capital Vs Paid-up Capital)
- Documentation for company registration.
What are the steps involved in incorporation?
There are five Major steps involved in the process of incorporation of the Company-
- Application for DSC & DPIN
- Approval of the name
- Submission for a MOA & AOA
- Obtain for a Incorporation Certificate
- Apply for PAN, TAN & Bank Account
Which state of Registrar will be applicable to my Company?
Where the registered office of the Company will be situated that state Registrar will applicable to your Company.
IfI have the DSC and DIN, then, whether I have to apply for the same again?
No, a director can posses only one DIN so there will be no requirement to apply for another & if you have the DSC and if it is not expired than there will be no need to apply it again.
How much time does it take?
If you have all the documents ready and are in order than it will take no longer than 7 to 10 working days. However, it is depend upon the Registrar of the Company.
Who can be a director of the Company?
Only Individualor a living person who attains the age of 18 years is eligible to be appointed as the director of a Company.
What is the cost involved in the process?
The professional fees for incorporation is Rs. 4999 Only. However, the government fees depend from state to state.
How many directors are required to form a company?
Minimum 2 Directors are required in case of Private Limited and Minimum 3 Directors in case of Public Limited.
Director and Shareholder can be the same Person?
Yes, the same person can acts as shareholder and director of the company.
I am already a director in another company but that company is got strike off and my DIN is got deactivated, how can become a director in another Company?
You can become a director in another Company by activating your DIN. We at Udyog Buddy can help you to activate your DIN.
How much capital contribution is required to form a company?
There is no minimum capital requirement to form a company.
Can we form a company with multiple objects?
Yes, a company can register for multiple businesses, but it depends on whether the activities are related or not. However, all the activities which are listed should pertain to the main business of the company.
What is the difference between Authorized Capital and Paid up capital?
Authorized capital is the maximum value of the shares that a company is legally authorized to issue to the shareholders. Whereas, paid-up capital is the amount that is actually paid by the shareholders to the company.
Can I use word India in the name of the Company?
Yes, However, it should be ensured by the applicant that the first word used in the company name shall be unique and not generic.
Can I choose any name for the Company?
No, the name of the company should not:
- Be same, similar, identical or resembling to the name of an existing Company or LLP registered. Phonetically similar names are also to be avoided.
- Be similar to a registered trade mark or a trade mark for which an application has already been filed.
- The name chosen should not constitute an offense under any law and should not be undesirable in the opinion of the Central Government.
- The company name should not have any word or expression which is likely to give the impression that the company is in any way connected to the government central or state or any other local authority when it is actually not unless the approval from the respective government authority has been attained.
- If a company’s name indicates any activities relating to financing, leasing, chit-fund, investment, securities etc., though the company’s business activity is not related to any of such activities than such names shall not be allowed.
- Any descriptive name, wherein the name contains any commonly used words that describe any business activity.
Do I have to physically present?
No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.
Can I use my residential address as company’s address?
Yes, the company can be registered at the owner’s residential address. A copy of the utility bill along with NOC from owner is required to be submitted.
Can NRIs/foreign nationals become directors in a private limited company?
Yes, a NRI or a foreign national can become a director of a private limited company. He or she must obtain a DIN from the Indian RoC. They can also hold a controlling stake in the company. As long as at least one director on the board of directors is an Indian resident
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