Search For Company Name Availablity
WHAT IS COMPANY REGISTRATION/ INCORPORATION?
Incorporation is the formation of a new corporation/ company (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a non-profit organization, a startup, a micro small or medium scale business.MCA regulates corporate affairs in India through the Companies Act, 1956, 2013 and other allied Acts, Bills and Rules. MCA also protects investors and offers many important services to stakeholders. The Ministry is primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law.
Additional Read : What is Company Incorporation?
WHY CHOOSE LEGALDOCS
- Lowest costs, Starts in 15 days.
- You FOCUS on business growth, We will do the rest for you.
- Fill up this Simple form to get Started.
- Consultation from Industry experts.
Benefits of Company Registration/Incorporation
- Legal Identity/Recognition to the business
- Numerous Tax Benefits
- Get investment/ funding for your Business.
- Your Liability as an individual is limited
- Enhanced Brand Image and Improved Trust Factor
What are different type Registration/Incorporation?
|Limited Liability Partnership||Private Limited Company||One Person Company|
|4000 (Govt Fees as per actuals)||4500 (Govt Fees as per Actuals)||4250 (Govt Fees as per Actuals)|
|A perfect Way to Secure your personal assets, LLP’s are flexible and have lesser compliances also 100% FDI is allowed in Indian Markets for LLP’s||Only Private Limited Companies Can Raise Venture Capital, the conventional way for startups and growing businesses to raise Fundings.||Better Credit Rating, Single owner, seamless benefits under income tax and easy funding options from venture capital firms|
Document Required for Registration/Incorporation
|Private Limited Company||Limited Liability Partnership||One Person Company|
|2-Digital Signature Certificate (DSC)||2-Digital Signature Certificate (DSC)||1-Digital Signature Certificate (DSC)|
|2-Director Identification Number (DIN)||2-Director Identification Number (DIN)||1-Director Identification Number (DIN)|
|Company Name Approval By Ministry||Company Name Approval By Ministry||Company Name Approval By Ministry|
|Memorandum of association (MoA) &||LLP agreement||Memorandum of association (MoA) &|
|Articles of association(AoA)||Registration Certificate||Articles of association(AoA)|
|Registration Certificate||Permanent Account Number (PAN)||Registration Certificate|
|Permanent Account Number (PAN)||Tax Account Number (TAN)||Permanent Account Number (PAN)|
|Tax Account Number (TAN)||Tax Account Number (TAN)|
Note: Before going ahead with the process, the company needs to check company name availability to ensure that the proposed name selected does not contain any word as prohibited under the Companies Act, 2013.
Additional Read: Documents Required for Company Registration
Current Account Opening
A current account is a type of deposit account that helps the professionals and businessmen to run their business. Businessmen can avail various benefits by Online Current Account such as:
- Unlimited transactions
- Customized features
- Online banking services
Online current account reduces the hassle and provides the benefit to complete the banking process anytime and anywhere.
Are you Ready to Grow your Business?
- Zero Balance Current Account
- In just 5 mins
- Free Current Account Powered by ICICI Bank
Apply For Current Account
Duration FOR Company Incorporation
7 To 15 Days*
Entity Comparison Guide
|Members||Maximum 1||2-20||2- Unlimited||2-200||1|
|Legal Status of Entity||Not Considered as separate Legal entity||Not Considered as separate Legal entity||Considered as separate Legal entity||Considered as separate Legal entity||Considered as separate Legal entity|
|Members Liability||Unlimited Liability||Unlimited Liability||Liability of its members is limited||Limited to the extent of share capital||Limited to the extent of share capital|
|Registration||Not Compulsory||Optional/ Can be Registered under partnership Act 1932||Registered Under MCA||Registered Under MCA||Registered Under MCA and Companies Act 2013|
|Transferability Option||Not Allowed||Not Allowed||Can Be Transferred||Can Be Transferred||Allowed to only one person|
|Taxation||As in Individual||30% of Company Profit||30% of Profit Plus CESS and Surcharges applicable||30% of Profit Plus CESS and Surcharges applicable||30% of Profit Plus CESS and Surcharges applicable|
|Annual Filings||Income Tax Returns with the Registrar of companies||Income Tax Returns with the Registrar of companies||Filed with the registrar of the company||Filed with the registrar of the company||Filed with the registrar of the company|
Company Incorporation FAQs
What is a Company
What are the types of Companies that I can register in India?
One Person Company (OPC)
Private Limited Company
Public Limited Company
Limited Liability Partnership (LLP)
Non-Profit Organizations (Sec. 25 Companies)