
Starting a new business in India? Registering your company is the first step toward establishing a legal reality and enjoying colorful benefits similar to limited liability, credibility, and access to backing. In this companion, we’ll walk you through the step- by- step process of company enrollment in India to make your trip smooth and hassle-free.
Why Register a Company in India?
Registering your business offers multiple advantages
Legal recognition Your business becomes a separate legal reality.
Limited liability protection Your particular means remain safe.
Easy access to backing Attract investors and apply for business loans.
Enhanced credibility guests and merchandisers trust a registered business more.
duty benefits, colorful government schemes and deductions are available.
Types of Companies You Can Register
Before registering, decide which type of company suits your business model
Private Limited Company( Pvt Ltd) – Ideal for startups and small businesses.
Public Limited Company( Ltd) – Suitable for large- scale businesses with multiple shareholders.
One Person Company( OPC) – Stylish for single entrepreneurs who want a commercial structure.
Limited Liability Partnership( LLP) – Great for professionals and businesses seeking limited liability.
Sole Procurement – Easiest to set up but lacks legal distinction from the proprietor.
Partnership establishment – Simple and cost-effective, but mates have unlimited liability.
Step- by- Step Process to Register a New Company in India
Step 1 Obtain Digital hand Certificate( DSC)
A Digital hand Certificate( DSC) is needed for online document submission.
Apply for DSC from certifying authorities like eMudhra, Sify, or NSDL.
needed documents visage card, Aadhaar card, passport- size print, dispatch ID, and phone number.
Step 2 Apply for Director Identification Number( noise)
Directors must gain a noise from the Ministry of Corporate Affairs( MCA).
still, fill out SPICe Form, If applying during company enrollment .
still, use Form DIR- 3, If applying independently.
Step 3 Name blessing Through RUN( Reserve Unique Name) Form
Choose a unique company name as per MCA guidelines.
Submit the RUN operation on the MCA gate.
Still, the name is reserved for 20 days, If approved.
Step 4 train the SPICe Form for Company Registration
SPICe( Simplified Proforma for Incorporating Company Electronically) is the sanctioned form for enrollment .
It includes name blessing, noise allocation, visage, TAN, and GST enrollment ( voluntary).
Attach documents
Memorandum of Association( MoA)
papers of Association( AoA)
Director and shareholder identity/ address evidence
Registered office address evidence
Step 5 Payment of Registration freights & Stamp Duty
Freights vary based on company capital and state.
Pay online via the MCA gate.
Step 6 Receive Certificate of Incorporation( COI)
Still, the Registrar of Companies( ROC) issues a Certificate of Incorporation, If all documents are in order.
Your company now has a legal reality!
Step 7 Apply for visage, TAN & GST Registration
visage & TAN are automatically generated with SPICe form submission.
Apply for GST enrollment if your development exceeds ₹ 40 lakh( ₹ 20 lakh for service- grounded businesses).
Step 8 Open a Business Bank Account
Use your Certificate of Incorporation, visage, and other KYC documents to open a current account.
How important Does It Cost to Register a Company in India?
DSC & DIN freights ₹ 1,000 – ₹ 2,000 per director
MCA freights & Stamp Duty ₹ 2,000 – ₹ 10,000( varies by state and company capital)
Professional freights( If Using a Adviser) ₹ 5,000 – ₹ 25,000( voluntary)
Total Estimated Cost ₹ 6,000 – ₹ 30,000
How Long Does the Process Take?
The entire enrollment process generally takes 7 to 15 days, depending on document verification and MCA blessings.
Conclusion
Registering a company in India is now easier than ever, thanks to the digital enterprise by the government. By following these ways, you can set up your business easily and legally.However, consider consulting an expert to speed up the process, If you need professional backing.
Need Help with Company Registration?
At Taxcurv Fintech, we specialize in company enrollment , compliance, and taxation. communicate with us for a moment to get started!
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