Company registration in India - done right

Company registration is the process of incorporating a business as a separate legal entity under the Companies Act, 2013 through the Ministry of Corporate Affairs (MCA). Once registered, the company gets a unique CIN (Corporate Identity Number), can own property, sue and be sued in its own name, and its shareholders enjoy limited liability protection.

There is no minimum paid-up capital requirement for company registration under the Companies Act, 2013. You can register with any authorized capital amount. However, authorized capital of ₹1 lakh is commonly recommended as a starting point. The government fee for SPICe+ filing is Nil for authorized capital up to ₹10 lakh.

For a Private Limited Company, minimum 2 directors and 2 shareholders are required. For an LLP, minimum 2 designated partners. For a One Person Company (OPC), only 1 director and 1 shareholder is needed. At least one director must be a resident of India (stayed in India for 182+ days in the previous financial year).

Private Limited Company is best for startups seeking VC funding - it allows equity shares and ESOPs. LLP is lighter on compliance and popular among professionals and consultants. OPC is designed for solo entrepreneurs, converting to Pvt Ltd when turnover crosses ₹2 crore or paid-up capital crosses ₹50 lakh.

Yes. You can use a residential address as the registered office by submitting a NOC (No Objection Certificate) from the property owner along with a utility bill as address proof. Many startups begin from home or co-working spaces.

With Bizeneed, the complete process takes 7-15 working days from name approval to receiving the incorporation certificate. This includes RUN form filing (1-2 days), DIN/DSC application (1-2 days), MOA/AOA drafting (2-3 days), SPICe+ filing (1-2 days), and MCA processing (2-5 days).

PAN Card and Aadhaar of all directors/shareholders, passport-size photos, registered office address proof (utility bill), NOC from the property owner if rented, rent agreement, and 2-3 proposed company names. For specific entity types, additional documents like LLP Agreement or nominee consent may apply.

The SPICe+ form has a Nil government fee for authorized capital up to ₹10 lakh. RUN form (name approval) costs ₹1,000. DIN application costs ₹500 per director. DSC costs ₹1,000-2,000 depending on the provider. State-specific stamp duty may apply (₹100-1,000).

DIN (Director Identification Number) is a unique identification number issued by MCA to any person intending to become a director of a company. It is mandatory for all directors and is valid for a lifetime. You apply for DIN through the SPICe+ form during incorporation or separately via DIR-3.

DSC (Digital Signature Certificate) is a secure digital key used to electronically sign documents filed with MCA. It is mandatory for all authorized signatories (directors, partners) filing incorporation documents, annual returns, and other statutory forms digitally.

Yes, foreign nationals and NRIs can be directors of an Indian company provided at least one director is a resident of India. Foreign directors need a Digital Signature Certificate (Class 3) and may need additional KYC documents like notarised passport and address proof.

SPICe+ (Simplified Proforma for Incorporating Company) is a single integrated form introduced by MCA for company incorporation. It replaces multiple forms by combining: company incorporation, DIN application, PAN application, TAN application, and GST registration - all in one filing.

After receiving the incorporation certificate, you must: open a current bank account in the company's name, hold the first board meeting within 30 days, appoint an auditor via Form ADT-1, issue share certificates to shareholders, register for GST if turnover exceeds the threshold, and begin annual compliance (MGT-7, AOC-4).

MOA (Memorandum of Association) defines the company's relationship with the outside world - its main objectives, area of operation, and liability clause. AOA (Articles of Association) governs internal management - rules for board meetings, share transfers, dividend policy, and shareholder rights. Both are filed with MCA during incorporation.

Yes. Proprietorships and partnership firms can be converted into a company through a formal conversion process. This involves drafting a new MOA/AOA, transferring assets and liabilities, and filing the SPICe+ form. We handle the entire conversion process, including any required NoC from partners.