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Company Incorporation in India - Online Incorporation Process Explained

Company Incorporation is the first step to formalise your business as a legal entity before launching its core operations. This crucial step offers you legal rights, protection, and a solid foundation.

From choosing the right company type to adhering to regulatory requirements, the way you navigate through the registration process will set the tone for the success story of your startup. Before we delve deeper into the process, let’s explore the different types of business structures in India.

What’s Included?

  • Incorporation in 7-10 Business Days
  • Company PAN and TAN
  • Company Name Approval
  • MOA & AOA
  • Incorporation Certificate
  • DSC Tokens
  • DSC Support & Shipping
  • Digital Signature Certificates
  • Director’s Identification Number (DIN)

Company Registration in India - Online Incorporation Process Explained

Company Registration is the first step to formalise your business as a legal entity before launching its core operations. This crucial step offers you legal rights, protection, and a solid foundation.

From choosing the right company type to adhering to regulatory requirements, the way you navigate through the registration process will set the tone for the success story of your startup. Before we delve deeper into the process, let’s explore the different types of business structures in India.

Document

Different Types of Company Formations to Choose From

Private Limited Company

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Launch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Lauch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Launch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

How to Choose the right type of Company Structure for your Business?

Each of the business structures discussed earlier entails distinct prerequisites and adherence to specific regulations during and after the company Incorporation process.

Several crucial factors should guide your decision-making while choosing the right structure for your business. Here's a detailed breakdown of what to consider:

  • Nature of Business: Consider your business's nature, industry, and core activities as they play a pivotal role in selecting a suitable structure. For instance, a consulting firm might opt for a different structure than a manufacturing company due to their distinct operational needs and goals.
  • Ownership and Investment: One of the fundamental decisions revolves around ownership and investment. Are you planning to run a closely held business with a limited number of stakeholders, or do you have ambitions to raise capital from a broader investor base? In the latter case, Private Limited or Public Limited companies could be more appropriate due to their ability to issue shares.
  • Liability Protection: Evaluate the extent of personal liability you're willing to bear. If you're seeking limited liability, structures such as Private Limited companies or Limited Liability Partnerships (LLPs) are well-suited. These structures ensure that your personal assets are protected in case the business faces financial challenges.
  • Scalability: Consider your business's growth prospects. If you anticipate attracting external investors or potentially going public in the future, it's wise to choose a structure that facilitates such expansion. Public Limited companies, for example, are better positioned to raise capital through stock markets.
  • Compliance & Legal Requirements: Different structures come with varying levels of regulatory compliance and legal obligations. Weigh the administrative burden and understand the tax implications associated with each structure. For instance, a Sole Proprietorship might have simpler compliance requirements compared to a Private Limited company.
Nature of Business Suitable Company Type
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC

Company Incorporation Process

Company Incorporation is a crucial milestone for every business. It legitimizes your business and lays the foundation for its operations under the legal and regulatory framework. There are several steps to ensure a seamless and legally compliant incorporation process:

(Private Limited Company or Limited Liability Partnership or One Person Company)-

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Steps for Company Incorporation in India

  • Apply for a Digital Signature Certificate (DSC) Get DSCs to authenticate electronic documents and transactions while ensuring the security and integrity of online submissions during the registration process.
  • Company Name Approval View  Choose an appropriate and distinctive name for the company and submit it to MCA for approval. Ensure the name adheres to the MCA guidelines and is not already in use.You can do a quick company name search on our website to avoid any complications before proceeding further.
  • Apply for Business Registration Once the name is approved, apply for incorporation. This includes comprehensive details about the structure of the business, registered office, directors, shareholders, and other essential particulars. Private Limited and OPC Incorporation utilize SPICe+, while LLP Incorporation employs FiLLiP for registration.
  • Get a Certificate of Incorporation Following a diligent review of the application and its compliance with legal requirements, you can receive a Certificate of Incorporation(COI) issued by MCA. COI signifies the successful creation of the company, bestowing it with a distinct legal identity.

It's important to emphasize that the above steps can differ for various company types, and additional compliances might apply depending on the nature of the business and industry.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Register your business

Different Types of Company Formations to Choose From

Private Limited Company

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company Incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Launch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

A Private Limited Company is the most common form of company incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Launch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

A Private Limited Company is the most common form of company incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

A Private Limited Company is the most common form of company incorporation governed by the Companies Act 2013. It is a type of business entity with limited liability privately owned by a group of individuals or shareholders. It's a preferred choice for startups and businesses.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Lauch your Startup
Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) is a flexible legal and tax entity that provides limited liability protection to its partners while allowing them to participate in the management and operations of the business. An LLP is established under the Limited Liability Act 2008 and is often chosen by professionals and service providers.

How to Choose the right type of Company Structure for your Business?

Each of the business structures discussed earlier entails distinct prerequisites and adherence to specific regulations during and after the company incorporation process.

Several crucial factors should guide your decision-making while choosing the right structure for your business. Here's a detailed breakdown of what to consider:

  • Nature of Business: Consider your business's nature, industry, and core activities as they play a pivotal role in selecting a suitable structure. For instance, a consulting firm might opt for a different structure than a manufacturing company due to their distinct operational needs and goals.
  • Ownership and Investment: One of the fundamental decisions revolves around ownership and investment. Are you planning to run a closely held business with a limited number of stakeholders, or do you have ambitions to raise capital from a broader investor base? In the latter case, Private Limited or Public Limited companies could be more appropriate due to their ability to issue shares.
  • Liability Protection: Evaluate the extent of personal liability you're willing to bear. If you're seeking limited liability, structures such as Private Limited companies or Limited Liability Partnerships (LLPs) are well-suited. These structures ensure that your personal assets are protected in case the business faces financial challenges.
  • Scalability: Consider your business's growth prospects. If you anticipate attracting external investors or potentially going public in the future, it's wise to choose a structure that facilitates such expansion. Public Limited companies, for example, are better positioned to raise capital through stock markets.
  • Compliance & Legal Requirements: Different structures come with varying levels of regulatory compliance and legal obligations. Weigh the administrative burden and understand the tax implications associated with each structure. For instance, a Sole Proprietorship might have simpler compliance requirements compared to a Private Limited company.
Nature of Business Suitable Company Type
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC
Service-based Sole Proprietorship, Partnership, LLP, Private Limited Company, OPC

Company incorporation Process

Company incorporation is a crucial milestone for every business. It legitimizes your business and lays the foundation for its operations under the legal and regulatory framework. There are several steps to ensure a seamless and legally compliant incorporation process:

(Private Limited Company or Limited Liability Partnership or One Person Company)-

Steps for Company Incorporation in India

  • Apply for a Digital Signature Certificate (DSC) Get DSCs to authenticate electronic documents and transactions while ensuring the security and integrity of online submissions during the Incorporation process.
  • Company Name Approval View  Choose an appropriate and distinctive name for the company and submit it to MCA for approval. Ensure the name adheres to the MCA guidelines and is not already in use.You can do a quick company name search on our website to avoid any complications before proceeding further.
  • Apply for Business incorporation Once the name is approved, apply for incorporation. This includes comprehensive details about the structure of the business, registered office, directors, shareholders, and other essential particulars. Private Limited and OPC Incorporation utilize SPICe+, while LLP Incorporation employs FiLLiP for Incorporation.
  • Get a Certificate of Incorporation Following a diligent review of the application and its compliance with legal requirements, you can receive a Certificate of Incorporation(COI) issued by MCA. COI signifies the successful creation of the company, bestowing it with a distinct legal identity.

It's important to emphasize that the above steps can differ for various company types, and additional compliances might apply depending on the nature of the business and industry.

Incorporation your Private Limited
Partnership in just ₹1,499 + Govt. Fee
Launch your Startup

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