BUISNESS REGISTRATION
-
Private Limited Company Incorporation
-
LLP Incorporation
-
Partnership Firm Incorporation
-
One Person Company Incorporation
-
Proprietorship Formation
-
7 to 10 business days
-
7 to 10 business days
-
2 to 3 business days
-
10 to 15 business days
-
3 to 10 business days
BUISNESS REGISTRATION OVERVIEW
Incorporation is the formation of a new corporation/ company (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a non-profit organization, a startup, a micro small or medium scale business.MCA regulates corporate affairs in India through the Companies Act, 1956, 2013 and other allied Acts, Bills and Rules. MCA also protects investors and offers many important services to stakeholders. The Ministry is primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law.
What are the types of business structures in India?
Types of business structures available in India. Here is a list of some of them:
​
-
One Person Company (OPC):Recently introduced in the year 2013, an OPC is the best way to start a company if there exists only one promoter or owner. It enables a sole-proprietor to carry on his work and still be part of the corporate framework.
-
Limited Liability Partnership (LLP):A separate legal entity, in an LLP the liabilities of partners are only limited only to their agreed contribution.
-
Private Limited Company (PLC): A company in the eyes of the law is regarded as a separate legal entity from its founders. It has shareholders (stakeholders) and directors (company officers). Each individual is regarded as an employee of the company.
-
Public Limited Company (PLC):A PLC is a voluntary association of members which is incorporated under company law. It has a separate legal existence and the liability of its members is limited to shares they hold.
You can choose what business structure suits your business needs best and accordingly register your business.
Here is a comparative list of the popular business structures in India.
​
​
​
​
​
​
​
​
​
​
​
​
​
Public Limited Company Businesses with a high turnover Tax exemptions under Business tax returns to be filed. Mandatory Audits
Other forms of business structures include Sole proprietorship, Hindu Undivided Family, and Partnership firms. Please bear in mind, these structures do not come under the ambit of company law.
Documents required for Business Registration
In India, registration of private limited company cannot be done without proper proof of identity and proof of address. Proof of identification and address would be required for the incorporation of all the company’s directors and shareholders.
The organization must have a registered office in India for online business registration in India. A recent copy of an energy bill or the property tax receipt or water bill must be sent to confirm admission to the registered office. In addition to the tenancy agreement, the maintenance bill or the sale deed or a letter from the landlord with his/her permission to use
the office as the company’s registered office is accepted.
An identity and address proof of all the directors and the subscribers to the share capital must be submitted.
For more details about documents required for incorporating a private company, read our article on documents required for private limited company registration.
-
Many Types Of Company Registrations are Available?question?1.Regular Private Limited Registration 2.OPC Company Registration 3.Limited Libility Partnership Registration 4.Partnership Registration 5.Sole Proprietorship 6.Public Limited Company 7.Sec 8 – Non Profit Company 8.Unlimited Liability Company
-
Is The Process Completely Online?Yes, the process is completely online. Most of the registrations are completed in 1-5 days.
-
What are the types of Companies that I can register in India?Here are the various types of companies you can register in India: 1. One Person Company (OPC) 2. Private Limited Company 3. Public Limited Company 4. Limited Liability Partnership (LLP) 5. Non-Profit Organizations (Sec. 25 Companies)
-
Can I register a Company at the residential address?Yes. You can register at your residential address.
-
What is DSC?DSC is known as DIGITAL SIGNATURE CERTIFICATE
-
What is DIN?DIN is Known as Director Identification Number.
-
What are the articles of association ( AOA )The articles of association provide a framework for how the company should be managed by the directors. Amongst other things, they outline the directors’ powers to call board meetings and allot shares, and set out the rights afforded to shareholders. Most companies are set up using Model Articles, a government approved standard document, that can then be tailored to suit the company’s particular needs
-
What is a certificate of incorporation?This is a certificate issued by the Registrar of Companies House to document the incorporation of the company. The certificate will record the company name, number and the date the company is incorporated.