Company Registration in India

Company Registration in India

This article is a complete guide on Company Registration in India. India is a developing mixed economy, world’s 6th largest economy by nominal GDP and world’s 3rd largest economy by purchase power parity. After 1991, India has achieved 6-7% average GDP growth annually. In FY 2015 and 2018 India’s economy became the world’s fastest growing major economy, surpassing China. The long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India topped the World Bank’s growth outlook for the first time in fiscal year 2015–16, during which the economy grew 7.6%. India is the 2nd biggest market in the world by population after China. With “Make in India” and “Ease of Doing Business” initiatives of the Indian Government recently, it has become easier to register a company in India and the time and cost involved has reduced significantly. Due to these factors, India is the best place for entrepreneurs coupled with favourable democratic environment to comprehend.

Steps to Register a Company

1. Collate basic information (a) 5-6 alternative names in the order of priority which should be unique and contain a word to explain your business activity (b) Detailed business activities to be carried out considering next 4-5 years timeline (c) Address of Place of Business (this will be your registered office) (d) Details of Promoters / Directors (e) Initial Capital of the Company

2. Obtain a Digital Signature Certificate (DSC)

3. Draft Memorandum of Association and Articles of Association

4. Prepare and file RUN (if required) and SPICe form as applicable

5. Pay applicable stamp duty

6. Pay applicable registration fees (presently you can register your private limited company with zero fees upto authorised capital ₹1,000,000

How it works?

1. Contact us on call / message (+91 88664 11888), email or messenger

2. Our Company Registration Specialist will speak with you and understand your requirements and answer your questions, if any

3. We will get the documents collected wherever physical documents are required or will request you to share the scanned copies

4. We will process your Company Registration request

5. You will get your Company Registration Certificate, PAN and TAN