How To Register a Company

Types of Companies You Can Register in India

Private Limited Company (Pvt Ltd)

Public Limited Company

One Person Company (OPC)

Limited Liability Partnership (LLP)

Section 8 Company (Non-profit)

This guide focuses on registering a Private Limited Company.

📝 Step-by-Step Process to Register a Company in India

Step 1: Obtain Digital Signature Certificate (DSC)

All directors and subscribers need a Digital Signature Certificate to sign e-forms online.

DSC is issued by government-approved certifying authorities (e.g., eMudhra, Sify).

Validity: Typically 2–3 years.

Documents Required:

PAN card

Aadhaar card

Passport-size photo

Email ID and mobile number

Step 2: Apply for Director Identification Number (DIN)

DIN is a unique ID allotted to individuals intending to become directors in a company.

If applying through SPICe+ form, DIN is allotted to up to 3 directors during incorporation itself.

Step 3: Name Reservation Using SPICe+ (Part A)

File SPICe+ Part A form to reserve the company name with the Registrar of Companies (RoC).

Check for name availability using MCA’s guidelines (e.g., uniqueness, no trademark conflict).

Can propose two names in order of preference.

Name Format: [Unique Name] + [Business Activity] + “Private Limited”
Example: GreenTech Solutions Private Limited

Step 4: Fill SPICe+ Part B & Other Forms

SPICe+ Part B is for company incorporation and includes several linked forms:

SPICe+ (INC-32) – Incorporation form

AGILE-PRO – For GST, ESIC, EPFO, Professional Tax registration, and bank account

e-MoA (INC-33) – Memorandum of Association (MOA)

e-AoA (INC-34) – Articles of Association (AOA)

INC-9 – Declaration by Subscribers/Directors

URC-1 (only for converting an existing firm into a company)

Step 5: Prepare & Upload Documents

Mandatory Documents:

For Directors/Shareholders:

PAN card (mandatory for Indian nationals)

Passport (mandatory for foreigners)

Address proof: Aadhaar, passport, voter ID, or utility bill

Passport-size photo

For Company’s Registered Office:

Rent agreement (if rented)

No objection certificate (NOC) from owner

Electricity bill or property tax receipt (not older than 2 months)

Other documents:

Signed subscriber sheet (MOA & AOA)

Consent to act as director (Form DIR-2)

Step 6: Pay Government Fees & Stamp Duty

Fees depend on the authorised capital and state of registration.

Stamp duty varies by state (automatic in SPICe+ form).

Step 7: Certificate of Incorporation (COI)

Once approved, MCA issues a Certificate of Incorporation with:

Company’s CIN (Corporate Identification Number)

Date of incorporation

PAN and TAN (auto-generated)

Step 8: Open Bank Account

After incorporation, open a current bank account in the company’s name.

Provide COI, PAN, AoA, MoA, and KYC documents.

📌 Post-Incorporation Compliance

Hold First Board Meeting within 30 days.

Appoint statutory auditor.

Issue share certificates to subscribers.

File Form INC-20A (Declaration for Commencement of Business) within 180 days.

Maintain statutory registers and records.

Start filing annual returns and financial statements.

📎 Minimum Requirements to Register a Private Limited Company

RequirementDetails
Minimum Directors2 (at least 1 must be an Indian resident)
Minimum Shareholders2 (can be same as directors)
Registered OfficeMandatory in India
Capital RequirementNo minimum capital required
DIN & DSCMandatory for all directors

⚖️ Relevant Legal Provisions

Companies Act, 2013

Company Incorporation Rules, 2014

Income Tax Act, 1961 (for PAN, TAN, taxation)

GST Act, 2017 (if GST registration is opted during incorporation)

✅ Benefits of Registering a Private Limited Company

Separate legal identity

Limited liability protection

Easy to raise funds/investment

Perpetual succession

Credibility and brand trust

⚠️ Common Mistakes to Avoid

Choosing a name that’s too similar to an existing company

Not submitting proper address proof

Delay in filing INC-20A (can attract penalties)

Not maintaining books or filing annual returns

LEAVE A COMMENT

0 comments