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New Company Registration in India

Discover the essential steps for new company registration. Learn how to choose a structure, register your business, and obtain necessary licenses. Get started today!

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Pricing Summary

(with 2 Directors and 1Lac Capital)

₹ 6,599/-
  • Two Digital Signature
  • Memorandum of Association
  • Articles of Association (AOA)
  • Certificate of Incorporation
  • Company e-PAN & TAN
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Stamp Duty will be on extra basis
  • All India Service
  • Easy OnlineProcess
  • 24*7 Hours Customer Support

The Essentials of New Company Registration

Starting a new business can be both exciting and daunting. One of the first steps in this journey is the process of company registration. This blog post will guide you through the essentials of new company registration, including its importance, the steps involved, and tips for a smooth process.

Why Register Your Company?

Registering your company is crucial for several reasons:

  • Legal Protection: It provides legal recognition and protects your business name.
  • Liability Limitation: Registration often limits personal liability, protecting your personal assets from business debts.
  • Credibility: A registered business appears more credible to customers and suppliers.
  • Access to Funding: Many investors and banks require businesses to be registered before providing funding.
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Documents Required for Company Registration

Minimum Requirements

  • 2 to 15 Director
  • 2 to 200 Shareholder
  • One Resident Director
  • 2 to 200 Shareholder

Promoter's Document

  1. Passport Size Colour Photograph
  2. Self attested Pan Card of All Promoters
  3. Self attested Aadhar Card
  4. Identity Proof –  Passport or Voter ID Card or Driving License
  5. Address Proof – Recent Month Bank statement , Electricity Bill or Telephone Bill or Mobile Bill

Registered Address

  1. Proof of Premises (Any One): Telephone Bill / Electricity Bill/ Water Bill/ Mobile Bill/ Gas Bill
  2. No Objection Certificate (NOC) From Owner
  3. Utility bill would not be older then 2 month

Steps to Register a New Company

Registering a new company in India involves several steps. Here’s a simplified guide to help you through the process:

  1. Choose a Business Structure: Decide on the type of company you want to register, such as a Private Limited Company (PLC), Limited Liability Partnership (LLP), One Person Company (OPC), or Public Limited Company (PLC).
  2. Obtain Digital Signature Certificate (DSC): This is required for signing electronic documents. You can get a DSC from certifying authorities like eMudhra or Sify.
  3. Acquire Director Identification Number (DIN): Every director of the company must have a DIN. You can apply for it through the Ministry of Corporate Affairs (MCA) portal.
  4. Name Approval: Submit your company name for approval through the RUN (Reserve Unique Name) service on the MCA portal.
  5. File Incorporation Forms: Use the SPICe+ (Simplified Proforma for Incorporating Company Electronically) form to file for incorporation. This includes e-Memorandum of Association (e-MOA) and e-Articles of Association (e-AOA).
  6. PAN and TAN Application: Apply for your company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) through the SPICe+ form.
  7. Certificate of Incorporation: Once your documents are verified, you’ll receive a Certificate of Incorporation from the Registrar of Companies (RoC), which confirms your company’s legal existence.
  8. Open a Bank Account: With your Certificate of Incorporation, PAN, and other documents, you can open a bank account in your company’s name.
  9. Commencement of Business: After incorporation, you need to file a declaration of commencement of business within 180 days.

How long does it take to register a company in India?

The time it takes to register a company in India can vary, but generally, it can be completed within 10 to 15 days if all documents are in order and there are no delays in approvals. Here’s a rough breakdown:

  1. Digital Signature Certificate (DSC): 1-2 days.
  2. Director Identification Number (DIN): 1 day.
  3. Name Approval: 2-3 days.
  4. Filing Incorporation Forms (SPICe+): 5-7 days.
  5. Certificate of Incorporation: 1-2 days after submission.

Keep in mind that these timelines can be shorter or longer depending on the workload at the Registrar of Companies (RoC) and the accuracy of your submitted documents.

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FAQ's on New Company Registration

1. What is new company registration?

New company registration is the process of legally establishing a business entity, allowing it to operate under the law. This involves submitting necessary documents and forms to the relevant government authority, typically resulting in a Certificate of Incorporation.

2. Why is it necessary to register a company?

Registering a company provides legal recognition, protects the business name, limits personal liability for business debts, and enhances credibility with customers and suppliers. It is also essential for opening a business bank account and accessing funding.

3. What are the steps involved in registering a new company?

The registration process generally includes:

  1. Obtaining a Digital Signature Certificate (DSC).
  2. Acquiring a Director Identification Number (DIN).
  3. Choosing and reserving a unique company name.
  4. Filling out the SPICe+ form for incorporation.
  5. Submitting required documents and fees online.
  6. Receiving the Certificate of Incorporation from the Registrar of Companies (RoC).

4. What documents are required for new company registration?

Common documents include:

  • Photographs and PAN cards of all directors.
  • Proof of identity and address for directors.
  • Memorandum of Association (MoA) and Articles of Association (AoA).
  • Address proof for the registered office 

5. Can foreigners register a company in India?

Yes, foreigners can register a company in India, but at least one director must be an Indian resident

6. Is physical presence required for registration?

No, physical presence is not required as the entire registration process can be completed online through the Ministry of Corporate Affairs (MCA) portal.

7. How long does it take to register a new company?

The registration process typically takes between 10 to 15 days if all documents are submitted correctly.

8. What is the SPICe+ form?

SPICe+ (Simplified Proforma for Incorporating Company Electronically) is a web-based form that combines several services such as name reservation, incorporation, DIN allotment, PAN, and TAN application into one application process.

9. What are annual compliance requirements for registered companies?

Registered companies must file annual accounts and returns within specified timelines, including Form MGT-7 (Annual Return) and Form AOC-4 (Financial Statements)

10. Can I run a business without registering it?

While sole proprietorships can operate without formal registration, it is advisable to register the business for tax compliance and legal protection

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