Registering a Company is quick, easy, and can be done online with Vakilsearch in 3 simple steps:
We help you register your directors with the Ministry of Corporate Affairs (MCA).
We help you pick the right company name.
We draft and file the documents required for your company registration (MoA and AoA).
Setting up a private limited company is one of the highly recommended ways to start a business in India. This type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. An LLP has partners, who own and manage the business. Whereas in private limited company registration, directors may be different from shareholders.
Vakilsearch, your trusted legal advisor, provides a cost-effective company registration service in India. You may learn how to register your business here. We take care of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the company registration process, you receive a Certificate of Incorporation (CoI), along with PAN and TAN. Now, you can open a current bank account and begin your business operations.
Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business:
As defined by the Companies Act 2013, we must guarantee that the checklist requirements are met.
A private limited company must have at least two directors, with a maximum of fifteen. A minimum of one of the company's directors must be a resident of India.
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
Minimum Capital Contribution:
There is no minimum capital amount for a company. A company should have an authorized capital of at least ₹1 lakh.
The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as an NOC is obtained from the landlord.
Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have Vakilsearch as our professionals can help you with every step of the private limited company registration process.
In India, private limited company registration cannot be done without proper identity and address proof. Listed below are the documents accepted by the MCA for the online company registration process:
Identity and Address Proof
Registered Office Proof
Note: Your registered office need not be a commercial space; it can be your residence too.
The private limited company registration process is completely online, so you don't even have to leave your home to get your entity registered. At Vakilsearch, we complete the registration process within 14 days.
Vakilsearch company registration package includes:
With this, you will be well on your way to forming your own private limited company. It is recommended that you consult with the experts and make the finest decision for smoother growth.
An addition to, deletion from, or a change of existing provisions of the articles of incorporation of a domestic corporation.
Board of Directors
The governing body of a corporation who is elected by shareholders. The directors are responsible for selecting the officers and the supervision and general control of the corporation.
Certificate of Incorporation
The title of the document filed in many states to create a corporation. Also known as the articles of incorporation.
The DSC (Digital Signature Certificate) is an instrument issued by certifying authorities by which you can sign electronic documents. As all documents needed are electronic.
Director Identification Number
The statutory procedure that terminates the existence of a domestic corporation.
The act of creating or organizing a corporation under the laws of a specific jurisdiction.
Limited Liability Company (LLC)
An artificial entity created under and governed by the laws of the jurisdiction in which it was formed. Limited liability companies are generally able to provide the limited personal liability of corporations and the pass-through taxation of partnerships.
Limited Personal Liability
The protection generally afforded a corporate shareholder, limited partner or a member of a limited liability company from the debts of and claims against the company.
A procedure that allows a company to obtain exclusive use of a corporate name for a specified period of time.
The statutory address of a corporation. In states requiring the appointment of a registered agent, it is usually the address of the registered agent.
Ease of Accommodating Investment
Limited Liability Protection
Private Limited Company
Start-ups and growing companies
Very easy to accommodate
Limited Liability Partnership
Professional services firms
Possible, but unlikely