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Online Company Registration is the process of Incorporation of a new company. Online firm registration in India can be done for a startup, a micro or medium business or a non-profit organization. Company incorporation is regulated by Ministry of Corporate Affairs (MCA) in India through Companies Act, 2013 and other allied rules and regulations. There are various important services as well as protection offered by MCA to stakeholders in Company Incorporation in India. So it is beneficial to register a company officially before laying foundation for any business or doing any investment. As there are multiple types of company registration in India with different types of benefits.
At LegalPillers, a team of highly educated professional legal advisor are there to help you out through the online company registration process. Now the question is which type of company structure should one opt. As there are different types of Company Registration in India such as Private Limited Company, Limited Liability Partnership Firm, Proprietorship Firm, Partnership Firm, and Nidhi Company etc. It is very important to select an accurate type of company structure for your startup.
The reason being, a correct type of Company Registration will help you to operate your business effectively as well as cost efficiently. A company can be formed for various businesses be it non-profit, profit, micro or medium. The requirement of business model determines the type of Company Registration in India. There are various laws in India which govern these types of entities. All these companies vary from each other and have different requirements for the purpose of Startup Registration.
We, at LegalPillers have developed an online service marketplace where people can get online directory services from our well versed professionals such as Chartered Accountants or Company Secretaries and Advocates etc. You can avail cost-effective customised services as per your requirements. We offer India's most budgeted Online Company Registration Package with variety of Free Certificates and other registration required a startup. The Exclusive list of Items is as-
There are various benefits associated with Online Company registration in India.
Registration made under Companies Act, 2013 provides a separate legal status to entities. They can hold any property on its name and can enter into any kind of contract itself. It can consider that a company registered under this act has separate legal entity.
Like Private Limited, LLP, these are some registration types which easily attract investors in terms of better exit and in options. Due to its transparent registration, the person who is willing to invest can cross very all details on its own. Which provide safe option to investors as well.
Online Company Registration under Companies Act, 2013 provides separate legal entity to its registration. The members or directors are not liable for any kind of personal liability in case any liability arises, subject to certain conditions.
As it clears that the Online Company Registration in India under the Companies Act, 2013 is safest way to setup business in India by registering Private Limited Company, Limited Liability Partnership Firm, One Person Company, Nidhi Limited, etc.
Following Documents required to register company in India
These 5 easy steps of a Private Limited company registration online:
This is one of the most basic yet important step for Online Company Registration in India. Deciding the company structure will determine the path your company takes and how it manages operations for its whole lifetime. Thus, it becomes a crucial step to decide the right company structure according to your firm's requirements and needs. There are many kinds of Business Structures in India, and it can be hard to choose which one to go for.
In company registration, there are the various documents to further process with the online company registration. Digital Signature Certificate or DSC is the digital equivalent of the real certificates. It is primarily used to confirm the identity of a person or sometimes to obtain information and receive services on the internet or to sign some documents digitally.
At the time of Company Incorporation, one must have to select a name with the suffix. When someone is picking up a name for their company. Let's say for, Pvt ltd company registration online, they must have to add suffix "Pvt Ltd" with the name of the company. There are two e-forms that can be used to file for Name Approval.
RUN (Reserve Unique Number)
SPICe (Simplified Performa for Incorporating Company Digitally)
However, before filing for name approval, one must check that company's suggested name is not conflicting with an already existing company's name.
MoA is for the Memorandum of Association and AoA is for Articles of association. Collectively, these two forms the nature of the company. These two essentially define the scope of the legal powers exercised by the company. Also, the information about the company activities along with the relationship of the company with the shareholders. The MCA has offered the e-forms INC-33 for e-MoA and INC-34 e-AoA to help for Company Incorporation. Compile other documents and submit them.
The last step in the company incorporation system is filing for incorporation and the MCA has given dedicated frameworks for the incorporation of companies. SPICe Forms (INC-32) allot for the incorporation processing of Limited Companies (Public /Private/ LLP/OPC). Wait for 10-12 days for the certification of Incorporation. After you get the Incorporation Certificate, concerned departments will provide you PAN, TAN and other certificates as committed at the time of application filing.
Choosing the right structure of online company registration is crucial for a business. Prior to initiating any type of Company Registration Process, you must have the clear vision about the right structure of company registration.
For e.g., you are planning to start a financial business according to which you will lend and accept money from the market than you have to go for LLP Registration. Another example we can consider is that a Private Limited Company or LLP / OPC can't perform chit fund business activity.
There are different kind of company registration process in India who differ in terms of preferences and choices. And at times, confuse what to start and how to categorize it. To simplify this, there are different types of companies introduced. They are distinct from each other on the basis of benefits and legal compliance. Hence, while selecting the structure of the company, these distinct features must be taken care of.
An individual can set up as a sole trader, as a Partnership, Private Limited or Limited Liability Partnership etc. Each format has its advantages and disadvantages. There are multiple types of company registration mentioned below:-
All these above mentioned companies are different from each other. They have different types of formations, rules and regulations. So, it is very crucial to understand every detail like their documents, forms, etc. Focusing on the procedure of Online Company Registration, other company's process can also be understood as they all have the same process. But the most widely use and in common is Private Limited Company Registration Online. Whenever the new company registration process proceeds, it's highly recommended to the applicant to choose "Private Limited Company". The reason being, it has more tax benefits than others.
The Private Limited Company Registration is the most reknown business entities in India. In PVT LTD Company Registration every shareholder is liable for his share of the total capital. The Partners in PVT LTD Company needs to maintain their Board meetings, Financial Transaction Records and Annual Reports.
There is also further bifurcation in Private Limited Company Registration-
The concept of One Person Company Registration is new in India. It is known to be an eminent form of company registration in India. If you are a resident of India, then you are eligible to incorporate an One person company registration.
Having minimum two partners, there is no limitation on the maximum number of partners in LLP Company Registration. Even the foreign LLPs can attain partnership in LLP Firm in India.
In Public Limited Company Registration, presence of atleast 7 Shareholders are required along with 3 directors. There is no restriction of shares in a public limited company. If you are willing to commence a public limited company registration, then you have to get a certificate from the ROC (Registrar of Companies).
Nidhi Company/Mutual Benefits Company
Hence, except these, there are other structures of companies that are Partnership Firm & Sole Proprietorship Firm.
Things to Judge for deciding the business structure:
Having an unregistered company structure can be a hindering barrier to succeed. Especially when you're looking to bring an investor to establish some capital for the business. Legally authorized business structures like OPC, PLC, Public Company, LLP, etc., are much more likely to get the majority faith from an investor/investor firm. So, before, you ask yourself how to register a company? Go ahead and make an informed choice about the business structure you're going to incorporate.
Companies are established under the Companies Act, 2013 legislated by the Parliament. After the approval of the President of India on August 29, 2013 the act encourages and revises the law associate with companies. Notifying the terms of the act on september 12, 2013 via print media, The companies Act, 2013 has been published in the official gazette in 2013.
You can expect services like Online Firm Registration Process in India, Company Incorporation, Start-up Registration, Proprietorship Firm Registration, Online Company Registration in India, etc. We have the answers of all your queries like How to register a company name in India?, How to register a company?, Company Registration Process, How to get a Registration Certificate, Company Incorporation in India etc.
The Ministry of Corporate Affairs (MCA) has guided DSC Certifying Authorities (CAs) from where you can receive a DSC Check out. We LegalPillers are associated with various renounced Certifying Authorities to cater DSC related services. We have a regular processing method that takes less than 4 working days with remarkably budget-friendly pricing.
Different Classes of Digital Signature Certificates (DSC)
Majorly for E-commerce Operators whether individuals or organizations DIN is Director Identification Number. Its a unique identification number provide by the Central Government to individuals aiming to be the directors of a new or already existing company.
LegalPillers have a software where one can check the name availability for New Company. This is the most crucial step to follow. This helps to cease the unnecessary legal problems that might occur. Since most of the time Companies do have trademark on their Company's name. Use our free tool to make a organic Company name and avoid any clashes.
Selection of a name for New Company Registration is easy. But complications begin at the time of registering it with the Ministry of Corporate Affairs. For that, Government has prescribed laws for name selection for company registration. According to the law, name should be unique in nature and shall not be similar to existing company. Also,there shall not be any trademark registered with the proposed name of the company.
LegalPillers is India's most recognised Legal Tech platform which are providing numerous CA services through its online platforms not only in India but also across the globe. By using the LegalPillers' platform, you can avail all CA Services at your door step. For getting the CA Services, you don't need to visit physically at any of our offices. You have to just consult our Chartered Accountants, Company Secretariat and Advocates by call and submit documents online, make payment and get your work done at earliest.
We at LegalPillers helping budding the entrepreneurs by providing free consultancy over New Company Registration or Firm Registration or Startup Registration. So that they become capable to contribute ecosystem. Legal Pillers is providing Online Company Registration by our CA Services with guaranteed best service in cheap price.
You will get various CA Services through our panel having Chartered Accountants, Company Secretary, and Advocates. Our professionals are also assisting in
All Kind of Business Registration Services.
We provide virtual CFO Services as well.
We also help in the protection of logos.
Our Professionals also help in various audits.
We do also manage accounting & Bookkeeping
You can also get help in other matters.
So, for Company Incorporation in India can be much easier if you put an effort of filling with well-known CA services & consultancy. It usually takes 7-8 days to incorporate a company. Adhere to these steps and if you find any queries contact us.
For CA services LegalPillers is a great platform that can help your online company registration in India. You can give a call on 9267941961, 9625279785 for personals queries. We are here to serve you 24/7.
We make sure the approvals made are positive. Happy Customer serves the company success"- we aim to achieve this through our legal services.
On an average basis 16000 companies and LLPs registered during a month with Ministry of Corporate Affairs. Budding entrepreneurs prefer to go for Private Limited Company, LLP or OPC for starting their business in India
If you don't see an answer to your question here, please feel free to contact us with the links below:
A company is a licensed lawful entity describing an association of people, whether natural, statutory or a mixture of both, with a particular objective. Company members share a general-purpose and join to achieve specific, stated goals.
Any individual/organisation can become the partner in LLP including foreigners/NRI’s. However, the individual must 18+ above in terms of age and should have a valid PAN card.
For registering your company online log into our website LegalPillers. Get the expert guidance, they will help in completion of the process and getting the certificate of incorporation.
Except for these, there are other structures of companies that are Partnership firms & sole proprietorships etc.
A Registration of Private Limited Company is one that has separate legal entities following the normal succession, with an advantage of limited liability for its shareholders.
Follow the instructions here to reach the guide on configuring the contact or newsletter forms in Sandbox. If the forms don't work or if you receive any errors please keep in mind that the contact forms won't work on local environment. Please test them on a working web server.
One Person Company (OPC) a new company formation supports the advantages of sole proprietorship and the corporate state. The concept of OPC Registration was originated by the Companies Act, 2013 to assist the business people who can commence their venture.
You can register your company at MCA government site but it's a bit complex process for you. So to simplify your work we offering the consultation, plus company registration services just for. Log into website LegalPillers and apply today.
New Company registration is quite easy now. You have to identify which type of company registration you want and then go for it. If you have confusion that which kind of registration will be suitable for your business, no need to worry just call our executive at 9625279785, 9267941961.
Spice+ is a newly introduced for by Ministry of Corporate Affairs under which government is providing various registration certificates in just one single application such as – name approval, PAN,TAN of company, PF & ESI Registration, Professional Tax Registration(if applicable), Current Account Opening, GST Registration, DIN, CIN, etc.
For registering your company, you have to follow some steps that are:
For more details log into our website LegalPillers.
The documents required for company registration are ID & address proof pan card, MOA & AOA.
Knowing the cost to register a company in India starts from Rs.1500/- and goes beyond this. Depends on the package you pick.
For setting up a private limited company you must have 2 members as the directors of the company. There is no minimum capital is required.
Yes, the foreign national can be the director of the company but in a company, there should be one director who is a resident of India.
It takes about 10-12 working days to register a company it usually depends on the approval from the legal body.
Yes, if there is not proper running of the business no annual filling is made every year. The misconduct will usually cancel your certificates. So, it's better to take advice from CA consultancies like Legalpillers.
In case the company name is already taken you have to choose another name for your company. So it's better to take help from our company software (LegalPillers) which helps you in knowing which companies' names are taken or available.
In a general partnership, when a partner chooses to leave, the partnership is terminated. Dissolving a partnership needs partners to equally divide the debts and assets of the partnership. A buy-sell agreement enables the remaining partners to buy the ownership rights of the leaving partner.
To register a company, select your business registration type and submit all requisite documents, annexure and registration application with MCA along with requisite fees.
For checking company name you must have to visit www.mca.gov.inCompany Service>Check Company Name. Here you can check company name.
To register a business in India one need to decide his r4egistration type, after considering arrange requisite documents and file application with concerned department. For private Limited, LLP, OPC, etc person need to file application with Ministry of Corporate Affairs.
COI is exclusive evidence that your company is registered with MCA. It is registration certificate of company containing name of company, CIN, PAN, TAN, registered office address, date of registration, signature of issuing authority.
For checking whether any company is registered or not, one need to check on MCA portal. You must visit www.mca.gov.inMCA Services>master Data>Check Company Name. here you will get all information about company such as- name of company, registration date, address of office, CIN, numbers of directors, their DIN, status of filing and other information as well.
For checking companies name availability you need to check it MCA portal under Check Company name section, you have to also check with trademark authority. If you found that non company is registered with same name and no TM is registered. It means name is available for registration purpose.
For startup registration you need to register your company whether under Companies Act, 2013 or under other laws as Sole proprietorship or Partnership or otherwise.
For closing of company, you must fulfill the criteria as prescribed under Companies Act, 2013 for closer of companies.
If you know the name of company, CIN can be fin on MCA portal under check company master data section.
Yes, every company need to appoint auditor in company irrespective of their transaction or Turnover.
Yes, a LLP can be easily converted into Private Limited Company by making some requisite filing with MCA and ROC.