Basic requirements
- Minimum 2 directors (any individual over 18years of age)
- Minimum 2 shareholders (can be same as directors or others as well)
- Address to register a company in India in any state
Steps to register Private Limited Company
- Name approval for the company by filing INC 1 on MCA portal
- Digital Signature application for the directors and shareholders
- Preparation of MOA, AOA and other documents
- Filing of incorporation form with the MCA
- Opening bank account
- Filing commencement certificate
Documents required
- Pan and Aadhar of directors and shareholders
- Bank statement/utility bill of the directors having their name and address on it
- Address proof for registered office address. It can be an electricity bill or municipal tax receipt
Cost to register a Private Limited company
- Government fees except for states of Punjab, MP, and Kerela – Rs 2300
- 2 Digital Signatures – Rs 2500
- Name Approval fees – Rs 1000
- Professional fees – Rs 3200
- Taxes – Rs 576
Total fees – Rs 9576
Steps after company is registered
- Open Bank account
- Register for GST if applicable
- Appoint Auditor
- File commencement certificate
- Start the business
- GST returns if applicable
- TDS returns if applicable
- AOC 4 and MGT 7 once in a year
- Statutory Audit
- Income tax return
Frequently asked questions:
Yes you and any person can be the director or shareholder in a Private Limited Compnay in India
Yes you can register a company at you residential premises
Yes you can do that.
It takes 15 to 20 business days to register a company in India