1 Digital Signature
1 ShareHolder
* Stamp duty may vary state to state
* NRI/Foreign Directors, Charges are extra
15 Days
DSC is an electronic online signature issued by licensed certifying authorities. All the proposed directors of the company required to apply for the digital signature (DSC) which is necessary for digitally signing the electronic incorporation documents. DSC can be obtained either using supporting documents or Aadhar eKYC based authentication (supporting documents are not required in this case).
ODIN or DPIN, i.e. directors PIN is a unique eight-digit identification number which is a mandatory requirement for existing as well as proposed directors of the company to maintain the director’s information in a database. MCA allots a DIN to every director of the company with a lifetime validity without which one cannot be a director.
Once we obtain the DIN and DSC of the directors, a list of minimum one or maximum six proposed names of the company in preferential order will be submitted to MCA for approval. Our representative will conduct a prior search for your name availability. Ideally, the name should be unique, suggestive of the business and end with the words ‘Private Limited’ in order to avoid the rejection. We get your company name approved subject to availability and naming guidelines.
After taking name approval, we draft a Memorandum of association and Articles of association for your company. All the incorporation documents need to be submitted with the prescribed e-form SPICe 32 along with the AOA, MOA and subscription statement. Once all the documents are duly verified and approved by the government, the certificate of incorporation is emailed to your id. Simultaneously, we will apply for PAN and TAN of your company.
Private Limited Company is the most popular legal business entity in India; recommended for start-ups and growing businesses with easy funding, credibility and tax regulatory advantages.
| Company Name Search | Free |
| Consultancy on Registration and Name Availability | Free |
| 2 DSC's | 2,000.00 |
| Government Fees | 1,300.00 |
| Stamp Duty | 1,510.00 |
| Documents Notarization Cost | 500.00 |
| PAN and TAN Fees | 170.00 |
| Professional Fees | 2,830.00 |
| Goods & Service Tax | 689.00 |
| Total Cost | 8,999.00 |
* The above mentioned government fee has been calculated on minimum contribution of Rs.100000
* Stamp duty may vary state to state
* Extra charges for NRI/Foreign directors or Foreign shareholding companies
Limited Liability Partnership, is the most suitable business entity if going for a partnership that gives the benefits of minimum compliances, limited liability and tax advantages. It is ideal for small and medium-sized businesses.
| Company Name Search | Free |
| Consultancy on Registration and Name Availability | Free |
| 2 DSC's | 2,000.00 |
| Government Fees | 1,750.00 |
| PAN and TAN Fees | 170.00 |
| Professional Fees | 3,332.00 |
| Goods & Service Tax | 747.00 |
| Total Cost | 7,999.00 |
* The above mentioned government fee has been calculated on minimum contribution of Rs.100000
* Stamp duty for LLP agreement has to be borne by the applicant
One Person Company, a hybrid form of business entity permits a person to run a business alone to encourage the small size businesses with the minimum legal regime and limited liability protection
| Company Name Search | Free |
| Consultancy on Registration and Name Availability | Free |
| GST Registration (Optional) | Free |
| 1 DSC | 1,000.00 |
| Government Fees | 1,000.00 |
| Stamp Duty | 1,510.00 |
| Documents Notarization Cost | 500.00 |
| PAN and TAN Fees | 170.00 |
| Professional Fees | 3,083.00 |
| Goods & Service Tax | 736.00 |
| Total Cost | 7,999.00 |
* The above mentioned government fee has been calculated on minimum contribution of Rs.100000
* Extra stamp duty for Punjab, Kerala, Madhya Pradesh states
Private Limited Company |
Limited Liability Partnership |
One Person Company |
|
|---|---|---|---|
| Ideal For | Start-ups | Traditional Businesses | Sole Founders |
| Requirements | Min 2 Shareholders | Min 2 Partners | 1 Director + 1 Nominee |
| Initial Investment | 0 | 0 | 0 |
| Tax Advantages | Few | Most | Few |
| Compliances | High | Least | Moderate |
| Registration Time | 10 Days | 20 Days | 10 Days |
Only Scanned Copies are needed, Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving
Everything to open a bank account and Start your business
No, the whole incorporation process is online. You can send the scanned copy of all the required incorporation documents via e-mail. All the forms and documents are filed electronically and even signed digitally.
The company name should be selected with utmost care. The rules for selecting a company are:
You don’t need a proper office to incorporate a business entity. You can register your residential address as a registered place of your business with MCA for which some address proof along with the NOC (No Objection Certificate) has to be filed with the prescribed form.
NRIs only allowed to incorporate limited business entities in India including private limited company and limited liability partnership. Also, there is no requirement to obtain the prior approval from the government or RBI. But, in order to register a private company or an LLP at least one director/partner must be a resident of India. However, the private limited company is ideal for NRIs.
In order to execute the idea into a long-term business, choosing the right form of business is important. For start-ups, Private Limited Company is the best option for the following reasons:
As per the relevant Act, there is no minimum requirement for Paid-up Share capital or contribution to incorporate a private company, one person company or limited liability partnership. However, each shareholder/partner should subscribe to a minimum one share of Rs.10 face value.