Company Registration in India , company registration can be completed online through CaPlus. Private limited company is the most common type of legal entity that is preferred by millions of Indian Entrepreneurs and popular startups like Flipkart, PhonePe and Swiggy. A private limited company can be registered online in less than 10 days at a very affordable price.
There are various types of entities recognized under the Indian Law
Private Limited Company:
One Person Company, Partnership
Limited Liability Partnership (LLP)
Non Government Organization (NGO)
company can be defined as an artificial person, invisible, intangible, created by or under law, with a distinct legal personality, perpetual succession, and a common seal. It is not affected by the death, insanity, or insolvency of an individual member.
Legal Entity: A company is a legal entity which has real existence. It is an artificial person created by law, its existence is separate from its directors and shareholders. It is a juristic person established under the companies act.
Perpetual Succession: Perpetual succession means continuing or enduring forever, the company is everlasting. It denotes continuous existence of a corporation or company till it is dissolved legally. Perpetual succession is an important factor. .
Limited Liability: Limited Liability is a legal responsibility towards a limited amount of debts. The liability of the members with reference to company’s debts are limited i.e.; limited to the face value of the share purchased by them.
The proposed directors of a private limited company must present the following documents as proof of identification in order to register a company:
Number of Shareholders of Company
Number of Directors (Composition of Board of Directors)
The requirement of an Indian Resident Director
Proper and eligible Name (Name Approval Guidelines)
Registered Office Address & NOC from Owner
Requirement of Capital (Authorized Capital Vs Paid-up Capital)
Documentation for company registration.
The following are the steps involved in registering a company in India:
RUN Name Approval
Digital Signature for Directors
Incorporation Application Submission
Description of the goods or services
|Passport / Driver’s License / Election ID / Ration Card / Aadhaar ID
|Address proof of the company
|Incorporation Certificate of the Company
|Bank Statement / Electricity Bill / Phone Bill
|Rental agreement if any
1. How to Register a Company in India?
Digital Signature Certificate (DSC) Step 2: Director Identification Number (DIN) Step 3: Registration on the MCA Portal. Step 4: Certificate of Incorporation.
2. Are two directors necessary for registration of company?
Yes, a minimum of two directors are needed for a private limited company. The maximum members can be 200. You can register as a one person company, if you are the sole owner of the company.
3. Is it necessary to have a company’s books audited?
Yes, a private limited company must hire an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation. Compliance is important with a private limited company, given that penalties for non-compliance can run into lakhs of rupees and even lead to the blacklisting of directors.
4. What is the minimum capital needed to do company incorporation?
There is no minimum capital required for starting a private limited company.
5.Does one have to be present in person for Company Incorporation?
The entire procedure is done online and one does not have to be present at our office or any other place for the incorporation. A scanned copy of the documents has to be sent via mail. They get the company incorporation certificate from the MCA via courier at the business address.