{"id":38203,"date":"2020-09-24T09:59:40","date_gmt":"2020-09-24T01:59:40","guid":{"rendered":"https:\/\/zegal.com\/?p=38203"},"modified":"2023-03-10T13:30:04","modified_gmt":"2023-03-10T05:30:04","slug":"register-your-company-in-india","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-gb\/blog\/post\/register-your-company-in-india\/","title":{"rendered":"How to Register Your Company in India"},"content":{"rendered":"<div id=\"contentsContainer\">\n<div id=\"contents\">\n<p id=\"E452\">\n<figure id=\"attachment_38385\"  class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-38385\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1280x838.jpg\" alt=\"\" width=\"1280\" height=\"838\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1280x838.jpg 1280w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-320x209.jpg 320w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-768x503.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1536x1005.jpg 1536w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-2048x1340.jpg 2048w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-640x419.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1024x670.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1200x785.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/09\/sergio-capuzzimati-LLK0mYl-lu0-unsplash-1920x1256.jpg 1920w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><figcaption class=\"wp-caption-text\">Photo by Sergio Capuzzimati on Unsplash<\/figcaption><\/figure>\n<h4><span id=\"E453\" class=\"qowt-font4-BookAntiqua\">Planning to start a business in India? Searching the Internet to find all the legal requirements for setting up a company? Here we have covered every aspect to aid you with the process of <\/span><a id=\"E454\" contenteditable=\"false\" href=\"https:\/\/intuitconsultancy.com\/in\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E455\" class=\"qowt-font4-BookAntiqua\">company formation in India<\/span><\/a><span id=\"E456\" class=\"qowt-font4-BookAntiqua\">.<\/span><\/h4>\n<h4 id=\"E461\"><span id=\"E462\" class=\"qowt-font4-BookAntiqua\">A checklist <\/span><\/h4>\n<p id=\"E464\"><span id=\"E465\" class=\"qowt-font4-BookAntiqua\">According to the Indian Companies Act, 2013, you need to adhere to the following conditions for incorporating a private limited company in India. <\/span><\/p>\n<ul>\n<li id=\"E466\" class=\"qowt-li-5_0 qowt-list\">\n<h5><span id=\"E467\" class=\"qowt-font4-BookAntiqua\">Unique name: <\/span><\/h5>\n<\/li>\n<\/ul>\n<p id=\"E468\"><span id=\"E469\" class=\"qowt-font4-BookAntiqua\">The name you choose should be unique and should not be similar to the name of any other company already registered in India. <\/span><\/p>\n<ul>\n<li id=\"E470\" class=\"qowt-li-4_0 qowt-list\">\n<h5><span id=\"E471\" class=\"qowt-font4-BookAntiqua\">Two Directors<\/span><\/h5>\n<\/li>\n<\/ul>\n<p id=\"E472\"><span id=\"E473\" class=\"qowt-font4-BookAntiqua\">A private company should at least have two directors and at maximum, it can have fifteen.<strong> One of these directors should be a resident of India<\/strong>. <\/span><\/p>\n<ul>\n<li id=\"E474\" class=\"qowt-li-1_0 qowt-list\">\n<h5><span id=\"E475\" class=\"qowt-font4-BookAntiqua\">Registered office<\/span><\/h5>\n<\/li>\n<\/ul>\n<p id=\"E476\"><span id=\"E477\" class=\"qowt-font4-BookAntiqua\">The registered office does not need to only be a commercial space. You can even use a rented accommodation if you have a NOC from the landlord. The registered office should be located in the state of registration of the company only. <\/span><\/p>\n<ul>\n<li id=\"E478\" class=\"qowt-li-7_0 qowt-list\">\n<h5><span id=\"E479\" class=\"qowt-font4-BookAntiqua\">Minimum Capital Contribution<\/span><\/h5>\n<\/li>\n<\/ul>\n<p id=\"E480\"><span id=\"E481\" class=\"qowt-font4-BookAntiqua\">A private company should have a minimum authorised capital of 1 lakh rupees. <\/span><\/p>\n<h4 id=\"E483\"><span id=\"E484\" class=\"qowt-font4-BookAntiqua\">Things to check before Company Registration<\/span><\/h4>\n<p id=\"E485\"><span id=\"E486\" class=\"qowt-font4-BookAntiqua\">The primary and most important step while company registration is to ensure that the proposed name is not the same as any other legal entity in the country. You can check for the name availability digitally through the MCA and trademark database. This is the reason that most promoters prepare three prospective alternative names for their company. However, the final authority rests in the hands of the ministry to decide which name will be approved based on the prevailing rules and regulations. <\/span><\/p>\n<h5 id=\"E487\"><span id=\"E488\" class=\"qowt-font4-BookAntiqua\">Here are certain rules to help you further:<\/span><\/h5>\n<ul>\n<li id=\"E489\" class=\"qowt-li-2_0 qowt-list\"><span id=\"E490\" class=\"qowt-font4-BookAntiqua\">A company dealing with financial activities should have a name about the financial aspects.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">You can change the company name only after three years.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">The name should clarify the principal object of the company.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">The names which include words such as Venture capital, bank, insurance, and mutual funds need regulatory compliance from SEBI, RBI, and IRDA.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Few names require Central government approval that holds Scheme, National, Prime Minister, Union, Statutory, Federal, and Small Scale.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">A company, for instance, getting established as Nidhi can include \u201cNidhi Limited\u201d at the end of the name.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div id=\"contentsContainer\">\n<div id=\"contents\">\n<h4 id=\"E503\"><span id=\"E504\" class=\"qowt-font4-BookAntiqua\">A detailed process of registration:<\/span><\/h4>\n<p id=\"E505\"><span id=\"E506\" class=\"qowt-font4-BookAntiqua\">Registration of private companies should increase in India for boosting start-ups and the Atma Nirbhar Bharat Campaign. The rules laid down by the Ministry of Corporate Affairs govern the company formation in India<\/span><span id=\"E507\" class=\"qowt-font4-BookAntiqua\">.<\/span><span id=\"E508\" class=\"qowt-font4-BookAntiqua\"> It is necessary to read all the necessary information before filing the documents and fees. The following are the steps you need to follow for <\/span><a id=\"E509\" contenteditable=\"false\" href=\"https:\/\/intuitconsultancy.com\/in\/company-formation-in-india\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E510\" class=\"qowt-font4-BookAntiqua\">India company incorporation<\/span><\/a><span id=\"E511\" class=\"qowt-font4-BookAntiqua\">.<\/span><\/p>\n<ul>\n<li id=\"E512\" class=\"qowt-li-0_0 qowt-list\"><span id=\"E513\" class=\"qowt-font4-BookAntiqua\">Application for Digital Signature Certificate<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Application for Director Identification Number<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Application for using the preferred name<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Filing of electronic Memorandum of Association and Articles of Association<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Apply for the Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) of the Company<\/span><\/li>\n<li><span id=\"E523\" class=\"qowt-font4-BookAntiqua\" style=\"font-size: inherit; text-align: justify;\">Obtaining Certificate of Incorporation from the Registrar of Companies of the state where the registered office of the company is situated with PAN and TAN. <\/span><span style=\"font-size: inherit; text-align: justify;\">&nbsp;<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Opening a bank account in the Company\u2019s name.<\/span><\/li>\n<\/ul>\n<h4 id=\"E527\"><span id=\"E528\" class=\"qowt-font4-BookAntiqua\">Necessary Documents for Company Registration<\/span><\/h4>\n<p id=\"E529\"><span id=\"E530\" class=\"qowt-font4-BookAntiqua\">No company in India can be registered without proper scrutiny of necessary documents in the prescribed form. All the directors and shareholders need to provide identity proof along with other documents for incorporation purposes. <\/span><\/p>\n<p><span id=\"E530\" class=\"qowt-font4-BookAntiqua\">Here is a list of documents accepted by MCA for completing the registration process:<\/span><\/p>\n<ul>\n<li id=\"E531\" class=\"qowt-li-6_0 qowt-list\"><span id=\"E532\" class=\"qowt-font4-BookAntiqua\">Scanned Copy of Driving License\/ Voter\u2019s ID\/ Passport<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned copy of Passport and PAN Card (Foreign National and NRIs)<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned copy of the latest electricity bill\/ bank statement\/ telephone or mobile bill<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned passport-size photograph with a specimen signature<\/span><\/li>\n<\/ul>\n<p id=\"E539\"><span id=\"E540\" class=\"qowt-font4-BookAntiqua\">A notarised or apostilled copy of a valid passport must be submitted in case of foreign nationals. The documents demanded residence proof such as bank statements or electricity bills should not be more than two months old.<\/span><\/p>\n<h4 id=\"E542\"><span id=\"E543\" class=\"qowt-font4-BookAntiqua\">Registered office formalities<\/span><\/h4>\n<\/div>\n<\/div>\n<div id=\"contentsContainer\">\n<div id=\"contents\">\n<p id=\"E544\"><span id=\"E545\" class=\"qowt-font4-BookAntiqua\">If you want to get a company registered in India, it is necessary to have a registered office in the country itself, and the documents should be filed with the registrar of the concerned state where this office is situated. <\/span><\/p>\n<p id=\"E547\"><span id=\"E548\" class=\"qowt-font4-BookAntiqua\">For instance, for a <\/span><a id=\"E549\" contenteditable=\"false\" href=\"https:\/\/intuitconsultancy.com\/in\/company-formation-in-delhi\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E550\" class=\"qowt-font4-BookAntiqua\">company formation in Delhi<\/span><\/a><span id=\"E551\" class=\"qowt-font4-BookAntiqua\">, <\/span><span id=\"E552\" class=\"qowt-font4-BookAntiqua\">the registered office should be situated in Delhi only and the registrar should also be of Delhi. To prove the admittance towards the registered office, you require the following documents.<\/span><\/p>\n<ul>\n<li id=\"E553\" class=\"qowt-li-3_0 qowt-list\"><span id=\"E554\" class=\"qowt-font4-BookAntiqua\">Scanned Copy of notarised rent agreement in English (only if the office is a rented accommodation)<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned copy of the latest telephone bill or mobile bill\/ bank statement\/ electricity or gas bill<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned copy of a Non-Objection certificate from the property owner (only if the office is a rented accommodation)<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Scanned copy of property\/sales deed in English (only if the office is self-owned)<\/span><\/li>\n<\/ul>\n<p id=\"E561\"><span id=\"E562\" class=\"qowt-font4-BookAntiqua\">These were the various rules and procedures to get a private limited company incorporated in India. For detailed information, you can visit the <\/span><a id=\"E563\" contenteditable=\"false\" href=\"http:\/\/www.mca.gov.in\/MinistryV2\/incorporation_company.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E564\" class=\"qowt-font4-BookAntiqua\">MCA portal<\/span><\/a><span id=\"E565\" class=\"qowt-font4-BookAntiqua\"> of the government of India. <\/span><\/p>\n<h4><span id=\"E565\" class=\"qowt-font4-BookAntiqua\">Wondering about the benefits of registering a private limited company in India?<\/span><\/h4>\n<ul>\n<li id=\"E566\" class=\"qowt-li-8_0 qowt-list\"><span id=\"E567\" class=\"qowt-font4-BookAntiqua\">Customer base is huge and widespread<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Greater stability<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Diversity of consumers<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Bank credits and investment opportunities are available at a low rate<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Increases growth potential<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Low transportation costs<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Availability of all kinds of labor at a cheaper rate<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Fewer restrictions in the domestic boundaries<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Flexible government regulations<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Business-friendly policies<\/span><\/li>\n<\/ul>\n<p id=\"E588\"><span id=\"E589\" class=\"qowt-font4-BookAntiqua\">Still have queries related to company registration in India? Get in touch!<\/span><\/p>\n<p><em>Ms. Priyanka Bhandari is part of the management team at&nbsp;<a href=\"https:\/\/intuitconsultancy.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/intuitconsultancy.com\/&amp;source=gmail&amp;ust=1601084820479000&amp;usg=AFQjCNEUZloyh6GMHJMkiRM36r2N3b1gKQ\">IMC<\/a>. She has vast experience is Business Consulting in the Middle East region. She spearheaded our Digital Marketing initiatives and her core expertise lies in communications management. With a Masters in Communication she is at the forefront of our&nbsp;&nbsp;Client relationship Management, Media and Marketing Division &amp; Business Development opportunities amongst other responsibilities.&nbsp;<\/em><\/p>\n<p class=\"p1\" style=\"text-align: center;\"><b><i>This article does not constitute legal advice.<\/i><\/b><\/p>\n<p class=\"p2\" style=\"text-align: center;\"><i>The opinions expressed in the column above represent the author\u2019s own.<\/i><\/p>\n<p class=\"p3\" style=\"text-align: center;\"><span class=\"s1\"><a href=\"https:\/\/register.zegal.com\/\"><b>Start managing your legal needs with Zegal today (this includes e-signing!)<\/b><\/a><\/span><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/share-transfer-process-in-singapore\/\">READ MORE: Share Transfer Process In Singapore<\/a><\/p>\n<p><a href=\"https:\/\/support.zegal.com\/hc\/en-gb\/articles\/115009802768-Is-E-Signing-Legally-Binding-\">FURTHER READING: Is e-signing legally binding?&nbsp;<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Planning to start a business in India? Searching the Internet to find all the legal requirements for setting up a company? Here we have covered every aspect to aid you with the process of company formation in India. A checklist According to the Indian Companies Act, 2013, you need to adhere to the following conditions [&hellip;]<\/p>\n","protected":false},"author":106,"featured_media":38385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278],"tags":[25,10307],"usecases":[13716],"businesstypes":[13694],"country":[],"class_list":["post-38203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","tag-company-incorporation","tag-z-syndicate","usecases-set-up-a-shareholders-agreement","businesstypes-consulting-zone"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Register Your Company in India | Zegal UK<\/title>\n<meta name=\"description\" content=\"Registering a private limited company is one of the best ways to start a business in India. 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