Register Your Company through IndiaFilings

Register Your Company through IndiaFilings

Read Time:7 Minute, 15 Second

IndiaFilings specializes in Private limited Company Registration services in India, providing comprehensive guidance and support throughout the registration process. Our team of professionals offers expert consultation tailored to your specific requirements and business goals for online company registration in India with affordable PVT LTD company registration fees.

Selecting the appropriate name for your company incorporation is critical, and IndiaFilings’ experts will help you choose a unique and fitting name that aligns with ROC guidelines. We’ll conduct a name availability search and facilitate the reservation of your chosen name, reflecting your business identity.

Compiling the necessary documentation for online company formation in India can be overwhelming, but our experts will handle this task efficiently. We will guide you in assembling all required documents, ensuring accuracy and compliance, to register new company properly.

For a PVT LTD registration, directors must obtain a Digital Signature Certificate and Director Identification Number (DIN). We will guide this process to ensure you possess the certifications for seamless registration.

By choosing IndiaFilings for your Company Registration needs, you can be confident that your company registration process will be managed professionally and effectively. We aim to simplify the process with reasonable PVT LTD company registration fees, allowing you to concentrate on your business objectives while we address the legal requirements. Embark on your entrepreneurial journey with assurance by registering your company through IndiaFilings.

Search Business NameSearch Trademark

Check Business Name Availability

Find if business name can be registered with MCA in IndiaSearch

To register a company in India, the first step is to obtain name approval for the business from the Ministry of Corporate Affairs (MCA). This process takes about 24-48 hours. A private limited company name in India must end with the words private limited. One Person Company ends with (OPC) private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association or institution.

A company name proposed to be registered cannot be identical or similar to an existing company name. Also, every company name must include a word that denotes the activity undertaken. For example, in VERVE Financial Services Private Limited – Financial Services denote the activity undertaken. Check Business Name Availability.

Documents Required For Company Registration

PAN Card

PAN is mandatory for Indian Directors.

Passport (Foreign Nationals Only)

Passport is mandatory for Foreign Directors or Shareholders.

Aadhaar Card

Aadhaar is mandatory for Indian Directors.

Passport Size Photo

Passport size photo of the Directors and Individual Shareholders.

Recent Utility Bill

Business Place

Name Significance Letter

Specimen

Proprietorship vs Limited Liability Partnership (LLP) vs Company

FeaturesProprietorshipPartnershipLLPCompany
DefinitionUnregistered type of business entity managed by one single personA formal agreement between two or more parties to manage and operate a businessA Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company.Registered type of entity with limited liability to the owners and shareholders
OwnershipSole OwnershipMin 2 PartnersMax 50 PartnersDesignated PartnersMin 2 DirectorsMin 2 ShareholdersMax 15 DirectorsMax 200 ShareholdersFor One Person Company1 Director1 Nominee Director
Registration Time7-9 working days
Promoter LiabilityUnlimited LiabilityLimited Liability
DocumentationMSMEGST RegistrationPartnership DeedLLP DeedIncorporation CertificateMOAAOAIncorporation Certificate
GovernanceUnder Partnership ActLLP Act, 2008Under Companies Act,2013
TransferabilityNon TransferableTransferable if registered under ROFTransferable
Compliance RequirementsIncome tax filing if turnover is more than Rs.2.5 lakhsITR 5Form 11Form 8ITR 5ITR 6MCA filingAuditor’sappointmentKnow More

Company Registration FAQ’s

What is the registration process of a company?

The registration process of a company is done under the Ministry of Corporate Affairs (MCA) in accordance with the Companies Act 2013.

  • Step 1: Apply For Director Identification Number (DIN)
  • Step 2: Apply For Digital Signature Certificate (DSC)
  • Step 3: Company Name Approval
  • Step 4: Company Incorporation Application Submission
  • Step 5: Get a Certificate of Incorporation

How much is the private limited company registration fees?

The private limited company registration fees in India varies according to the number of stakeholders and size. The Cost of Incorporation of a private limited Company would vary from Rs.6, 000 – to Rs. 30,000/- depending upon the following:

  • Number of Directors
  • Number of Members
  • Authorized share capital
  • Professional fees

What are the types of registration?

Company registration is mandatory in India to start any business, so fixing the business structures is crucial. In India, there are seven different types of company incorporation or registration:

  • Sole Proprietorship Registration
  • One-person Company Registration
  • Partnerships Firm Registration 
  • Limited Liability Partnership (LLP) Company Registration
  • Private Limited Company Registration
  • Public Limited Company Registration
  • Section 8 Company Registration

Can NRIs or foreign national or foreign entities register a company in India?

Yes, NRIs, foreign nationals, and foreign entities can register a company and invest in India, subject to the Foreign Direct Investment norms set by the RBI. However, company incorporation rules in India require for one Indian national to mandatorily be a part of the company on the Board of Directors.

How do I check the availability of names for my company?

You can use the IndiaFilings company name availability search tab to search for available names in India. It is important to note that IndiaFilings would just provide available choices, based on identical names already registered.

Is GST registration mandatory at this stage?

GST registration is mandatory for certain businesses. Companies dealing with e-commerce operations or any other interstate activity and companies with turnover of more than Rs. 40 Lakhs are required to obtain the same. GST registration takes just 3-5 working days with IndiaFilings.

What are the compliances of a Private Limited Company?

A company is required to maintain certain compliances once it is incorporated. An auditor needs to be appointed within 30 days and income tax filing and annual return filing need to be done every year. Apart from these, mandatory compliances like ‘Commencement of Business’ forms, and DIN eKYC also need to be done.

how to register a private limited company in India?

The process of how to register a private limited company in India involves obtaining Digital signature certificate (DSC), applying for a DIN, reserving a company name, preparing the key document like MOA, and filing it through the SPICe+ form, along with the application for PAN and TAN. Once verified, the Registrar of Companies (RoC) will issue a Certificate of Incorporation, completing the process of company registration in India.

Which Form is to be filed for the ITR filing of Private Limited Company?

The Private Limited Companies that are registered in India have to file the ITR returns each year in Form ITR 6.

Which form is to be filed for filing the annual returns of a Company?

The companies registered in India are required to file the MCA annual return each year informs AOC 4 and MGT 7.

How many members are required to start a Private Limited Company?

Minimum 2 number of members are required to start a Private Limited Company which can be extended to 200 members.

How can ownership be transferred?

The ownership of a Private Limited Company can be transferred by the way of shares.

How are the Companies taxed? What are the tax rates?

Private Limited Companies are taxed at 30% plus the surcharge and cess as applicable.

Who governs and controls the functioning of a Private Limited Company?

The MCA and Companies Act,2013 controls the functioning of a Private Limited Company.

What are the benefits of registering a Private Limited Company?

There are various of registering as a Private Limited Company like Limited Liability, Access to funding, borrowing capacity, greater capacity, easy exit, and scope of multiple opportunities.

What is authorized capital and paid-up capital?

Authorized capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorized capital can be increased any time after incorporation to issue additional shares to the shareholders.

What is limited liability protection?

Limited liability is the status of being legally responsible only for a limited amount of debts of a company. Unlike proprietorships and partnerships, the liability of the shareholders with respect to the company’s liabilities is limited.

How do I open a current account?

Once the company is incorporated, a current account needs to be opened in the name of the company for transactions. Your advisor will guide you through the process of choosing the bank that you want to open the account with and get the documents like certificate of incorporation, Memorandum and Articles of Association, board resolution, copy of PAN allotment letter, and utility bill.

When is the statutory auditor to be appointed?

The Board of Directors is required to appoint a practicing Chartered Accountant within 30 days of Incorporating a Private Limited Company.

Previous Chapter Next

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Private Limited Company Registration in India Previous post Private Limited Company Registration in India
Section 8 Company Registration Next post Section 8 Company Registration