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A 6-Step Company Registration Process in India

The company registration process contains various legal formalities, based on the business structure, and should be done carefully. Also, ensure that you have the documents required for company registration in India.

Step 1: Choose a Business Structure/Company Type

Common types of companies in India are OPC, Pvt. Ltd., LLP, Section 8, Sole Proprietorship, Partnership, Nidhi and more. Find one that suits your goals.

Step 2: Name Selection and Availability Check

Choose a unique company name that follows all naming guidelines stated by the governing authorities. The name should reflect its objectives and last longer even if your business expands. Check your company’s name availability on the MCA portal.

Step 3: Director Identification Number (DIN)

The SPICe+ Form on the MCA portal helps a maximum of three directors obtain a DIN. More directors can be added after an incorporation and they must fill the Form DIR-3 to get a DIN.

Step 4: Digital Signature Certificate (DSC)

All subscribers of the MoA and AoA and the directors should have a DSC. Class 3 DSC will prove more beneficial as it consists of the highest security.

Step 5: Incorporation of a Company

File the SPICe+ form with the Registrar of Companies (ROC) online through the MCA portal. Here, fill in the details about the company, directors, shareholders and proposed MoA and AoA.
You might also need to file for a GST, Shop and Establishment License, a bank account and other licenses according to the state law.

Step 6: Certificate of Incorporation (COI)

MCA will issue your company a Certificate of Incorporation to prove your company's legal existence. Besides that, it will also issue CIN, PAN and TAN numbers to your company (based on the type of the company).

Documents for Registration and Incorporation of a Company

Any one of the following documents:

PAN Card
Passport (for Foreign Nationals)
Voter ID Card
Driving License
Aadhaar Card

Any one of the following documents (not older than 2 months):

Latest Utility Bill
Bank statement

Any one of the following documents (not older than 2 months):

Digital Signature Certificate (DSC)
Articles of Association (AoA)
Memorandum of Association (MoA)
Director Identification Number (DIN)
Proof of registered office address
NOC from the landlord
Ownership document
Sale deed
Rental agreement

If you have all the documents for the registration and incorporation of a company, you may proceed to the process of company registration in India.

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FAQs

What Compliances Should My Registered Company Follow in India?

After successful company registration in India, within 30 days of incorporation, you must appoint the first auditor. A minimum of 4 board meetings should be conducted throughout the year. Other compliances depend on the type of the company.

What Are Statutory Registers?

Statutory registers are the mandatory documents that fall under the Companies Act, 2013 and maintain records regarding the operations of your company.

What Is The Paid Up Capital?

Paid-up capital refers to the money a company has received from shareholders in exchange for issuing shares of stock.

How to Choose a Business Structure?

Consider liability protection, growth plans and complexity while choosing a business structure. Choose sole proprietorship for simplicity and Pvt Ltd for limited liability and growth potential.

Why Should I Choose a Business Structure?

The business structure builds the legal foundation for your company. It affects your personal liability, tax obligations and raising capital. Your assets will be protected and growth will be assured if you choose the right structure.