Company Formation in India

Procedure for Company Formation in India

Company Formation in India

Process of Company formation in India can be illustrated in following steps:

Incorporation Procedure of a private limited company is governed as per Companies Act 2013

Minimum requirement for the Private Limited Company

  • Minimum 2 Directors
  • Minimum 2 Shareholders (Directors & Shareholders can be same)
  • Minimum paid-up capital of Rs. 1,00,000/-
  • DIN for both Directors
  • Digital Signatures for all Directors
  • Consent from subscriber or director
  • Proof of Registered Address
  • NOC from the owner of the premises

Procedure for Company Formation in India

Following is the procedure of incorporating a company in India:

DSC/DIN – Obtain Digital Signature Certificates (DSC) and Director Identification Number (DIN) for each Director / Promoter before making any application to ROC.

Name – Apply for the name availability of the proposed company to ROC. For this one has to fill Form INC-1 and submit online along with requisite fee with ROC.

Name Validity – Once Name is approved and made available by the ROC it remains valid for 60 days from the date of name application. Preparation of documents – After getting the name following documents are prepared

  • Memorandum of Association – The Memorandum of Association is the charter of a company. It is a document, which amongst other things, defines the area within which the company can operate.
  • Articles of Association – The articles of a company shall contain the regulations for management of the company. The articles of association of a company are its bye-laws or rules and regulations that govern the management of its internal affairs and the conduct of its business.
  • Letter of authority to a person for carrying out corrections
  • Declaration by the Promoter Directors
  • Form DIR-12 for the Directors
  • Form INC-22 for registered office address
  • Once ROC is satisfied and scrutiny is completed he will issue certificate of Incorporation. The company would come into existence from the date of Certificate of incorporation.

Private Limited Company

We provide consistent services in Private Limited Company Formation in India. We follow well defined service plan and are supported by professionals holding rich industry experience. Incorporation of Company in India includes Private Limited Company Incorporation, Company Registration India. Moreover, we also emphasize on every detail while maintaining close proximity with clients regarding best legal advice. Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.

For more information See: Private Limited Company

Public Limited Company

Brooks Consulting have rich experience in providing services for Formation of a limited Company , Incorporation of Company in India, Online Company Registration in India and Company Registration in Delhi India. As per the governing rules, a ‘Company’ can be registered/setup up in India Formation of public limited where the Incorporation of Company formalities all over India is the same.

For more information See: Public Limited Company