Company Formation

For most startups, a Private Limited Company is ideal due to limited liability protection, ease of raising capital, and high credibility. However, if you prefer lower compliance costs with limited liability, a Limited Liability Partnership (LLP) is a strong alternative for small to medium enterprises.

To register a company, you need identity proof (PAN card, Aadhaar), address proof (voter ID, passport), and passport-sized photos of directors. Additionally, proof of the registered office address, such as a utility bill or rental agreement along with a No Objection Certificate (NOC), is mandatory.

The digital company registration process typically takes 7 to 15 working days. This timeline depends on the speed of name approval, document verification by the Ministry of Corporate Affairs (MCA), and the issuance of the Certificate of Incorporation, PAN, and TAN.

A Digital Signature Certificate (DSC) is an electronic form of a physical signature. It is legally required for company formation in India to sign electronic documents and forms filed with the Ministry of Corporate Affairs (MCA), ensuring the authenticity and security of the digital filings.

Yes, every registered company must have a physical registered office address in India. This address is used for all official correspondence from government departments. If you do not own a space, you can use rented property or a virtual office with valid documentation.

Yes, an individual can form a One Person Company (OPC). This allows a single promoter to enjoy the benefits of a corporate entity and limited liability while maintaining full control. It is a popular choice for solo entrepreneurs who want a structured legal identity.

A Private Limited Company is governed by the Companies Act and is better for raising venture capital. A Limited Liability Partnership (LLP) is governed by the LLP Act and offers more flexibility with fewer compliance requirements, making it cost-effective for professional services and small businesses.

GST registration is mandatory if your annual turnover exceeds the prescribed threshold (₹20/40 lakhs) or if you engage in inter-state trade. Many businesses opt for voluntary GST registration during training to claim Input Tax Credit and enhance their professional credibility with vendors and clients.

After incorporation, a company must appoint an auditor within 30 days, open a corporate bank account, and file a declaration of commencement of business. Ongoing requirements include holding annual general meetings, filing annual returns with the MCA, and maintaining statutory registers to remain legally compliant.

The cost varies based on the authorized capital and the type of business structure (LLP vs. Pvt Ltd). It includes government fees for name approval, stamp duty, DSC procurement, and professional fees for consultants like CAC who handle end-to-end legal filings.

Yes, a foreign national can be a director in an Indian company. However, at least one director on the board must be a resident of India (stayed in India for at least 182 days in the previous financial year).

A Director Identification Number (DIN) is a unique 8-digit identification number assigned by the Central Government to any individual intending to be a director. It is mandatory for legal accountability and for filing all company-related documents under the Companies Act.

Yes, you can convert your business structure (e.g., from a Partnership to a Private Limited Company or an LLP). This involves specific legal filings with the MCA and updating your tax registrations to reflect the new entity status.