How to Register a Company in India

You a finding the How to Register a Company in India? So, registering a company India requires a number of legal steps that are primarily managed by the Ministry of Corporate Affairs (MCA). This is a step-by-step procedure:

1: Choose a Business Structure

Choose the type of business you’d like to incorporate:

Private Limited Partnership (Most well-liked by new companies and companies)
Limited Liability Partnership (LLP)
One Person Company (OPC)
Sole Proprietorship
Public Limited Company

2: Obtain Digital Signature Certificate (DSC)

Forms must be filed online through the MCA.
Get DSC directorships from approved agencies such as eMudhra, Sify, or NSDL.
It usually will take about 1-2 days.

3: Apply for Director Identification Number (DIN)

Every director must have to have a DIN and this can be obtained by completing the the SPICe+ Form when registering the company.
There is no need for a separate DIN application is required if you are you are using SPICe+.

4: Name Reservation (RUN or SPICe+ Form)

Select an distinctive name that’s not registered.
Apply via the SPICe+ (Part A) on the MCA portal.
The MCA will either approve or make modifications within three days.

5: Draft Memorandum & Articles of Association (MOA & AOA)

MOA defines the objectives of the company.
AOA: Sets out internal rules and Also, guidelines.
So, these documents are needed to be filed with the company for incorporation.

6: File SPICe+ (Part B) for Incorporation

Complete and submit the form SPICeplus (Part B) form along with:

MOA & AOA
Certificate of Registered Office (Rent agreement or ownership document)
NoC from the owner of the property (if the case is applicable)
Declaration & Affidavit from directors
PAN & Aadhaar of directors

Processing can take 7 to 7 days for processing.

7: Obtain PAN, TAN & GST Registration

PAN & TAN are auto-generated by using the SPICe+ Form.
Registration for GST is optional, however it is advised for businesses with greater than the threshold of Rs40 lakhs in turnover.

8: Open a Business Bank Account

Make use of to use the certificate of incorporation PAN along with the MOA/AOA in order to establish a business bank account.

9: Compliance & Tax Registrations

Shops & Establishment Act Registration (for physical offices).
Professional Tax Registration (if appropriate).
Employer Provident Fund (EPF) and ESIC (mandatory when employees are over 10).

Cost & Timeline

cost: Rs8,000 – Rs15,000 (So, varies dependent on the state of the house and professional charges).
Timing: 7 to 15 Days (if everything is in place).

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