The Ultimate Guide to Registering your Private Limited Company in INDIA

 The Ultimate Guide to Registering your Private Limited Company in INDIA



Indian law has been liberalized in recent months, opening up opportunities for entrepreneur-minded people with a business idea to register a private company. This article provides an overview of this subject and provides all the steps you need to take to get your company registered and ready to start owning assets!

The first step of the process is to make an application for incorporation for a private limited company. The last step is to send the newly formed company's certificate of incorporation to the Registrar of Companies for registration, after which it can begin trading. All these steps are generally succinctly described in the Indian Companies Act, 1956.

Registering your company in INDIA is an important step to take because it establishes the corporate entity and formalizes ownership. JP Morgan can offer business formation services for Indian companies including registration, consulting, tax, legal matters, and more.

As per the regulations applicable in India, there is a minimum requirement for foreign investors to register with the SEBI. A company that wants to start an Indian subsidiary is required to report one time its initial and periodic investments. This applies to foreign companies who want not only to engage in an export-import business but also make financial investments in Indian companies within 10 years.

Registration is free of cost but has certain conditions that the company owner(s) must fulfill before the registration process starts. For instance, the company must have an authorized share capital of at least Rs. 50,000; or it can be registered under section 8 companies act with maximum issued shares of 20 crores (i.e one crore shares); 

It is also necessary that five percent of total authorized shares be reserved for public issues.

To set up a company in India, the documents required may vary depending on different factors. But in general, one can require registering a Sole Proprietorship with either DIN (Department of Industrial and second affairs) or Udyog (Ministry of micro, small and medium enterprises). You will need things like Site Plan approval from the local body, building plan approval from the demarcate authority, fire clearance certificate from an authorized institute about your location, and electricity connections.

Aavana Corporate Solutions will also help in online private company registration. We specialize in company registration with a wide range of business entities like Private limited, One-Person Company (OPC), Limited Liability Partnership (LLP), and Public Limited Company. What’s impressive is that we offer all these services are provided at cheaper rates without compromising on the quality.

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Trust our dedicated professionals to get your Pvt ltd registration done on time. Get in touch with us today and get a FREE consultation!

Count on us to handle all your Accounting and Taxation services as well

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