Company Registration
Start Your Business in India
If you are thinking of starting a Company in India, the first step is to talk to our Incorporation Expert. We explain key concepts such as Digital Signature (DSC), DIN, MOA, and AOA and the process for Company Registration in India.
Incorporating from overseas ? See our foreigner incorporation page
Why Register as a Private Limited (Pvt Ltd) Company
Pvt Ltd is the most popular business type for startups offering limited liability and restricted share transfer. At Setindiabiz, we are your trusted partner, providing a cost-effective approach that takes care of all legal procedures and ensures compliance. No need to navigate complex paperwork or worry about legal intricacies – we’ll guide you through the entire process of Pvt Company registration. Choose Setindiabiz and focus on what matters the most: building your dream business in India. Get started today.
Benefits of Private Limited
- Startups Seeking Investors
- With Multiple Co-Founders
- Lowest Tax Rates
- Ability to offer ESOP
- Easy Ownership Transfer
Breakdown of Government fee
Eligibility / Checklist for Company Incorporation
Incorporating a Private Limited company is the wisest decision a start-up can take as it offers flexibility, scale and transparency. The features such as limited liability to its promoters, perpetual succession, and restricted share transfer make the pvt ltd the most suitable business type. The first step is to check the eligibility (Minimum requirements to incorporate a pvt ltd company)
Minimum Two Shareholder
To start a company, a minimum of two shareholders is mandatory. These shareholders must sign the MOA as subscribers and contribute the initial capital. The maximum number of shareholders is capped at two hundred.
Minimum Two Director
The directors are responsible for the company's day-to-day management and compliance with the applicable legislation. A minimum of two individual directors is mandatory, whereas the maximum is capped at fifteen.
One India Resident Director
One of the company's directors must have resided in India for at least 120 days during the previous financial years. The Indian resident director is generally responsible for the company's overall tax and other filing compliance.
Unique Name of Company
The name of the company must be unique and distinct from other companies, LLPs or trademarks and should conform with the name availability guidelines. We will help you with the name search and its approval.
Capital for the New Company
Though no prescribed minimum or maximum capital is required, the promoters must budget the fund's requirements to start the business and decide the appropriate capital for the company accordingly.
Legal Object or Activity
The company's main object, which shall be defined in the MOA, should be legal and from one specific sector only. We will help you draft the company's main object and select the correct activity code as per NIC 2008.
Timeline for Company Registration
The timeline for company incorporation depends on various factors, such as documentation, availability of the company name, and the number of promoters. The incorporation team at Setindiabiz, with over two decades of experience, is better positioned to help with quick and efficient company incorporation in India.
Schedule Callback!Documentation & Digital Signature
Within one to two days, the promoters may complete the required documents for incorporation. After that, we can initiate the making of digital signatures for all the shareholders and the directors.
Name Search & Main Objects Drafting
We conduct the name availability search within a few hours; however, as per our experience, the discussion with the promoters on the proposed name availability and the drafting of the MOA may take time.
Filing for Incorporation
The application for the incorporation of the company is filed in Spice Plus form, where the MOA, AOA, Identity and address proof of promoters, and proof of registered office are filed as attachments. This process can take one to two days.
Incorporation Certificate
After the Spice Plus form is submitted, the Registrar of Companies office checks the application and the attached documents. If everything is found in order, the Incorporation Certificate is issued.
List of Documents For Company Registration
As experienced consultants for company registration, we at Setindiabiz understand the importance of documentation in ensuring a smooth and successful registration process for a Private Limited Company. To make it easier for our clients, we have compiled a table below listing all the necessary documents required for the incorporation process. The list of documents below is for the Company Incorporation by all Resident Indians. If any of the shareholders or directors is a foreign national or NRI/PIO, please refer to the Incorporation of Company With FDI.
Directors / Shareholder
Registered Office
Incorporation on Communication Address
In India, entrepreneurs starting a new business can begin their company registration process with a “communication address” even before securing a permanent office. This temporary address helps you start the formalities while searching for the ideal premises. It’s essential to remember that within 30 days of incorporation, you need to establish a physical “registered office” in the same state and file Form INC-22 with the Registrar of Companies (ROC) to report the official address change.
Stepwise Process of Company Registration
Get a Digital Signature, Choose a unique name, draft the MoA and AoA, and submit the SPICe+ form to ROC. We offer end-to-end Company Registration Services.
Schedule Callback!Step-1 : Digital Signature of all Promoters
Making a digital signature (DSC) for all the directors and shareholders is the first step towards Pvt Limited Company Registration. We are the Registration Authority (RA) of Certifying Authorities such as Emudhra, SignX, and others appointed by the Controller of Certifying Authorities of the Government of India. We help DSC applicants collect documents and submit DSC applications to obtain DSC.
Step-2 : Name Search for Availability
The Companies Act 2013 states that the name of a new company must not be the same or similar to an existing company, LLP, or trademark. The rules provide for an exhaustive list of the names that are not desirable and need to be approved. We help you conduct a detailed Name.
Step-3 : Availability Search.
Drafting of Memorandum & Articles of Association The Memorandum (MOA) and Articles of Association (AOA) are the fundamental legal documents for a company in India. While the MOA primarily defines the object for which the company is incorporated, the AOA provides the rules for the conduct of the business in the company. As these are legal documents, we assist you in drafting them.
Step-4 : Filing of Spice Plus for Incorporation
Finally, Submit the Spice Plus Form to ROC with directors/shareholders' DSC, along with the promoter's documents and proof of registered address for incorporation. The office of the ROC reviews the application and, upon its satisfaction, issues the Certificate of Incorporation for the new company that contains the CIN, PAN and TAN of the company. It is to be noted that the DIN number is allotted to up to three new directors during the incorporation process.