{"id":3257,"date":"2021-05-20T07:55:02","date_gmt":"2021-05-20T07:55:02","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=3257"},"modified":"2021-07-14T11:40:12","modified_gmt":"2021-07-14T11:40:12","slug":"register-a-company-or-a-startup-company-in-india","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/","title":{"rendered":"REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA"},"content":{"rendered":"<figure id=\"attachment_3260\" aria-describedby=\"caption-attachment-3260\" style=\"width: 682px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/STARTUP-COMPANY-IN-INDIA.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3260\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/STARTUP-COMPANY-IN-INDIA.jpg\" alt=\"STARTUP COMPANY IN INDIA\" width=\"682\" height=\"382\" \/><\/a><figcaption id=\"caption-attachment-3260\" class=\"wp-caption-text\">STARTUP COMPANY IN INDIA<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d755186c690\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d755186c690\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#HOW_TO_REGISTER_A_COMPANY_OR_A_STARTUP_COMPANY_IN_INDIA\" title=\"HOW TO REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA\">HOW TO REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#CHOICE_OF_BUSINESS_STRUCTURES_IN_INDIA\" title=\"CHOICE OF BUSINESS STRUCTURES IN INDIA\">CHOICE OF BUSINESS STRUCTURES IN INDIA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#WHAT_IS_A_COMPANY\" title=\"WHAT IS A COMPANY?\">WHAT IS A COMPANY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#DEFINITION\" title=\"DEFINITION\">DEFINITION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#What_is_the_procedure_of_Company_incorporation_in_India\" title=\"What is the procedure of Company incorporation in India?\">What is the procedure of Company incorporation in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/register-a-company-or-a-startup-company-in-india\/#STEP_BY_STEP_PROCESS\" title=\"STEP BY STEP PROCESS\">STEP BY STEP PROCESS<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"HOW_TO_REGISTER_A_COMPANY_OR_A_STARTUP_COMPANY_IN_INDIA\"><\/span><span style=\"color: #ff0000;\"><strong>HOW TO REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>REGISTRATION OF STARTUP<\/strong><\/span><\/p>\n<p>Mostly any business in its initial stage wants to be recognized as a start-up, as there are many incentives by the government for a start-up in India. Many Startups after successfully establishing themselves in the market, look forward to going for private limited company registration or for a one-person company (OPC) registration rather than a public limited company because of ease in business and less compliances.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"CHOICE_OF_BUSINESS_STRUCTURES_IN_INDIA\"><\/span><span style=\"color: #000080;\"><strong>CHOICE OF BUSINESS STRUCTURES IN INDIA<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_3259\" aria-describedby=\"caption-attachment-3259\" style=\"width: 732px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/various-kind-of-Company-which-a-startup-can-register-in-India-12.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3259\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/various-kind-of-Company-which-a-startup-can-register-in-India-12.jpg\" alt=\"REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA\" width=\"732\" height=\"389\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/various-kind-of-Company-which-a-startup-can-register-in-India-12.jpg 899w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/various-kind-of-Company-which-a-startup-can-register-in-India-12-300x159.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/various-kind-of-Company-which-a-startup-can-register-in-India-12-768x407.jpg 768w\" sizes=\"(max-width: 732px) 100vw, 732px\" \/><\/a><figcaption id=\"caption-attachment-3259\" class=\"wp-caption-text\">REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA<\/figcaption><\/figure>\n<table style=\"height: 470px;\" width=\"631\">\n<tbody>\n<tr>\n<td width=\"122\">BASIS<\/td>\n<td width=\"105\">LLP<\/td>\n<td width=\"105\">ONE PERSON COMPANY<\/td>\n<td width=\"105\">PRIVATE COMPANY<\/td>\n<td width=\"93\">SOLE PROPRIETORSHIP<\/td>\n<td width=\"93\">PARTNERSHIP<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">NOMINEE<\/td>\n<td width=\"105\">NOT REQUIRED<\/td>\n<td width=\"105\">REQUIRED<\/td>\n<td width=\"105\">NOT REQUIRED<\/td>\n<td width=\"93\">NOT REQUIRED<\/td>\n<td width=\"93\">NOT REQUIRED<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">DIN AND DSC<\/td>\n<td width=\"105\">REQUIRED<\/td>\n<td width=\"105\">REQUIRED<\/td>\n<td width=\"105\">REQUIRED<\/td>\n<td width=\"93\">NOT REQUIRED<\/td>\n<td width=\"93\">NOT REQUIRED<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">MAXIMUM MEMBERS<\/td>\n<td width=\"105\">NO LIMIT<\/td>\n<td width=\"105\">ONE<\/td>\n<td width=\"105\">TWO HUNDRED<\/td>\n<td width=\"93\">ONE<\/td>\n<td width=\"93\">ONE HUNDRED<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">NO. OF MEMBERS<\/td>\n<td width=\"105\">TWO DESIGNATED PARTNERS<\/td>\n<td width=\"105\">ONE MEMBER<\/td>\n<td width=\"105\">TWO MEMBERS<\/td>\n<td width=\"93\">ONE<\/td>\n<td width=\"93\">TWO PARTNERS<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">LIABILITY<\/td>\n<td width=\"105\">LIMITED<\/td>\n<td width=\"105\">LIMITED<\/td>\n<td width=\"105\">LIMITED<\/td>\n<td width=\"93\">UNLIMITED<\/td>\n<td width=\"93\">UNLIMITED<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">PAN CARD<\/td>\n<td width=\"105\">YES<\/td>\n<td width=\"105\">YES<\/td>\n<td width=\"105\">YES<\/td>\n<td width=\"93\">YES<\/td>\n<td width=\"93\">YES<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">MINIMUM CAPITAL<\/td>\n<td width=\"105\">NIL<\/td>\n<td width=\"105\">NIL<\/td>\n<td width=\"105\">NIL<\/td>\n<td width=\"93\">NIL<\/td>\n<td width=\"93\">NIL<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">NO. OF DIRECTORS<\/td>\n<td width=\"105\">NIL<\/td>\n<td width=\"105\">ONE<\/td>\n<td width=\"105\">TWO<\/td>\n<td width=\"93\">NIL<\/td>\n<td width=\"93\">NIL<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"WHAT_IS_A_COMPANY\"><\/span><span style=\"color: #ffcc00;\"><strong><em>WHAT IS A COMPANY?<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"DEFINITION\"><\/span><span style=\"color: #ffcc00;\"><strong>DEFINITION<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As per Section 3 (1)(i) of the Companies Act, 2013 a company is a company formed and registered under this Act or any other previous company act. As per Chief Justice Marshall, a company is an artificial person, having a separate legal entity, perpetual succession, common seal and can only be wound up by the order of law. It, being a creature of law, is governed by the provisions of law and works for the objects defined in the charter document. It is an entity formed for a lawful purpose including &#8211;<\/p>\n<ol>\n<li>Seven or more members for a public limited company.<\/li>\n<li>Two or more members for a private limited company.<\/li>\n<li>And one member for a one-person company.<\/li>\n<\/ol>\n<p>Such a number of persons can become members by subscribing their names to the MOA of the company and complying with the requirements of the aforesaid companies\u2019 act, 2013.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_procedure_of_Company_incorporation_in_India\"><\/span><span style=\"color: #000080;\"><strong><em>What is the procedure of Company incorporation in India?<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The process of company incorporation in India for different types of companies is generally the same for all entities in India. Thus, for a start-up business, the following steps are followed &#8211;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"STEP_BY_STEP_PROCESS\"><\/span><span style=\"color: #000080;\"><strong>STEP BY STEP PROCESS<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_3258\" aria-describedby=\"caption-attachment-3258\" style=\"width: 510px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/REGISTER-A-COMPANY..jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3258\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/REGISTER-A-COMPANY..jpg\" alt=\"REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA\" width=\"510\" height=\"1374\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/REGISTER-A-COMPANY..jpg 134w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/REGISTER-A-COMPANY.-111x300.jpg 111w\" sizes=\"(max-width: 510px) 100vw, 510px\" \/><\/a><figcaption id=\"caption-attachment-3258\" class=\"wp-caption-text\">REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA<\/figcaption><\/figure>\n<ol>\n<li><strong>DIGITAL SIGNATURE CERTIFICATE \u2013<\/strong> The company is required to register on the MCA portal and fill the form for obtaining the DSC since the same is mandatorily required for all the subscribers of MOA and AOA to have DSC.<\/li>\n<li><strong>DIRECTOR IDENTIFICATION NUMBER \u2013<\/strong> Once the DSC is obtained, all the directors providing their name in MOA should be in receipt of DIN. Any director not in receipt of DIN at the time of registration is required to apply for the same by providing ID and address proof.<\/li>\n<li><strong>NAME RESERVATION \u2013<\/strong> After successful registration into the MCA portal, the company is required to go on the SPICE platform and fill the RUN form. They are required to provide at least 6 names for their company, in order of priority. The name provided should not be similar or identical to the name of any existing company. The name allotted by the Registrar will be reserved for a period of 30 days.<\/li>\n<li><strong>PREPARATION OF DOCUMENTS \u2013<\/strong> The company then needs to formulate MOA, AOA of the company. These documents are accompanied by the declaration of Directors and the details and proof of registered office.<\/li>\n<li><strong>AUTHENTICATION AND FILING OF CHARTER DOCUMENTS \u2013<\/strong> Once the above documents are ready, the directors are required to stamp them properly with the common seal of the company and upload the same on the SPICE portal.<\/li>\n<li><strong>FILLING THE DETAILS OF MEMBERS \u2013<\/strong> The company is required to file the information regarding their directors along with their DIN number and of members who subscribe to the MOA and AOA along with their membership number.<\/li>\n<li><strong>FEE PAYMENT \u2013<\/strong> After providing all the information in the SPICE portal, the company needs to recheck its details and confirm the same. After confirming, they will be directed to the payment gateway, where they are required to pay the requisite fee applicable either by debit or credit card, or net banking, or UPI.<\/li>\n<li><strong>SCRUTINIZATION OF DOCUMENTS \u2013 <\/strong>After receiving the application, the Registrar will scrutinize the documents to check the correctness and fairness of the documents submitted.<\/li>\n<li><strong>ISSUE OF CERTIFICATE OF INCORPORATION \u2013<\/strong> Once the Registrar is satisfied with the authentication of the application and the documents, the company is notified about the same, and a Certificate of Incorporation is issued by post to the registered office of the company.<\/li>\n<li>\u00a0<strong>REGISTRATION OF BANK ACCOUNT DETAILS \u2013<\/strong> Once the entity receives the certificate of incorporation, they can open a bank account in the name of their firm, using MOA, AOA, and the PAN card details.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; HOW TO REGISTER A COMPANY OR A STARTUP COMPANY IN INDIA REGISTRATION OF STARTUP Mostly any business in its initial stage wants to be recognized as a start-up, as there are many incentives by the government for a start-up in India. Many Startups after successfully establishing themselves in the market, look forward to going &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[848],"tags":[790],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3257"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=3257"}],"version-history":[{"count":2,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3257\/revisions"}],"predecessor-version":[{"id":3263,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3257\/revisions\/3263"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=3257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=3257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=3257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}