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Company Registration in Mumbai- An Overview

COMPANY REGISTRATION IN MUMBAI START'S AT JUST 4,999 (ALL INCLUSIVE) Plus You Get Free GST and MSME Registration

Company Registration i.e. Private Limited Company is one of the mostly and common recommended way to start a business in India. This type of company registrations offer limited liability for its shareholders with certain restrictions and conditions placed on the ownership. An Limited Liability Partnership has Designated Partners and Partners, Who own and manage the functioning and working of business. Whereas in Private Limited Company Registration, Directors Manage the Business and Shareholders owns the Business. Director can be different from shareholders.

 

So Why Wait, Start a Your Business and Register Your Private Limited Company today to get funding from various stake holders and tax benefits from government of India.

Start-up Registration, is leading Business Consultant, Who offers Quick and Online Company Registration with Seven simple steps

  • Guiding for Right Name of Your Company
  • Applying for Name Reservation with the MCA (Ministry of Corporate Affairs)
  • Getting Digital Signatures
  • Drafting Your Companies MOA and AOA
  • Filing Registration Application with the MCA (Ministry of Corporate Affairs)
  • Register your directors with the MCA (Ministry of Corporate Affairs)
  • Getting Your Companies COI along with PAN and TAN

You will receive A Certificate of Incorporation (CoI), along with PAN and TAN after the approval of the Company Registration Application. After that you can officially open a current bank account in the name of your company with the Certificate of Incorporation and PAN and TAN and you can start your business operations.

You are requested to fill up the enquiry form so that you can speak to our Expert on your Company Registration Process and any related queries.

Why Company Registration ? What are the Benefits of Company Registration ?

Registering a company offers many benefits. A registered company makes it genuine and increases the authenticity of your business.

Separate Legal Entity: A Private Limited Company is a legal entity and established under the Companies Act. Therefore a Private Limited company form of organization has wide legal capacity. The members i.e. Shareholders/Directors of a Private Limited Company have no liability to the creditors of a company for such debts. Hence, a Private Limited Company is a legal entity separate from that of its members.

Perpetual Succession: A Private Limited company has ‘perpetual succession’, that means it has continued or uninterrupted existence until it is legally dissolved. A Private Limited Company, being a separate legal person, is unaffected by the death any member / Director and continues to be in existence irrespective of the changes in membership and Directorship. Perpetual succession is one of the most important characteristics of a company.

Limited Liability:  Limited Liability means being legally responsible only upto a limited amount for debts of a company. Unlike proprietorships and partnerships and any other unregistered forms of business, there is limited liability of the members in respect of the company’s debts. In other words, the liability of the members of a company is limited only to the extent of the face value of shares taken up by them.

Owning Property: A company being Separate Legal entity established under law can acquire, own, enjoy and alienate, property in its own name. No shareholder and Director can make any claim upon the property of the company so long as the company is a going concern.

Capacity to sue and be sued:  A company being Separate Legal entity established under law can bring a legal action in own name against another person’s name, a company being an independent legal entity can sue and also be sued in its own name.

Borrowing Capacity: A company being Separate Legal entity established under law a company can borrow funds in its own name. Even banking and financial institutions prefer to render large financial assistance to a company rather than partnership firms or proprietary concerns.

Checklist for Company Registration

According to Companies Act, 2013 if You want to Register Your Company in India then following Conditions should be met.

Minimum Two Directors: A Private Limited Company must have at least two directors and at maximum, there can be 15 Directors in the business, at least one of them should be a resident of India.

Unique Name of the Company: The name of Company must be unique. Your Business name should not match with any existing registered companies or registered trademarks in India.

Minimum Capital Contribution by Members: There is no prescribed minimum capital amount for a company. However it is advisable to keep a minimum amount for current account opening. A company can have an authorized capital of at least Rs. 1 lakh or less.

Registered Office: The registered office of a company should not be virtual office or a commercial space. Even a rented home can be kept as the registered office, so long as an NoC is obtained from the landlord.

Private Limited Company Registration – A detailed registration process

Private Limited Company Registration gives boost to the progress of startups and provide an edge over unregistered business in india. The Ministry of Corporate Affairs a body formed by Central Government governs the company registration process with some rules and regulations framed in accordance with the Companies act and related Laws.

  • Step 1: Application for DSC (Digital Signature Certificate).
  • Step 2: Filing of Name Application for the name availability.
  • Step 3: Filing of the Registration Application with Registration Documents, Moa and AOA to register Private Limited Company
  • Step 4: Issued certificate of Incorporation by RoC along with DIN Numbers, PAN and TAN
  • Step 5: Opening a current bank account on company name

Thoroughly Search Name for Company before Making Company Registration Application

One of the primary steps in Before Making Application for Company Registration is to ensure that the company name has not already been taken by another legal entity or resembling with any other company’s name. We can do company name search to check the availability of the particular name in India from the Ministry of Corporate Affairs and trademark Website and database.

We recommend the businesses owners to think three to four names so that we can check the possibility of Name Approval during the Name Approval stage of Private Limited Company Registration. The Ministry of Corporate Affairs will be the final authority to approve the name based on the availability rules and regulations.

Documents required for Online Company Registration in India

In India, Private Limited Company Registration cannot be done without proper documents relating to Identity proof and address proof. Identity and address proof is required of all the proposed directors and the shareholders of the company which tends to be incorporated. Below is the list of documents that are accepted by MCA for the online company registration.

Identity And Address Proof

  • Scanned copy of PAN Card
  • Scanned copy of Voter’s ID/Passport/Driver’s License / Aadhar
  • Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
  • Scanned passport-sized photograph

For the foreign nationals, mandatorily apostiled / notarized copy of the passport and Address Proof like the latest bank statement/telephone or mobile bill/electricity or gas bill is required to be submitted. All documents submitted should be valid. The Address proof documents like the bank statement or the electricity bill should not be older than 2 months.

Registered Office Proof

For Online Company Registration in India, the company is required to a registered office in India. To prove existence of the registered office, a recent copy of electricity Bill / Gas Bill / Telephone Bill / Water Bill is required to be submitted along with Registration Application. Also we need to submit the consent of Person whose name is mentioned in electricity Bill / Gas Bill / Telephone Bill / Water Bill for of office as a registered office of the company.

  • Scanned copy of the latest telephone or mobile bill/electricity or gas bill
  • Scanned copy of Notarized rental agreement in English
  • Scanned copy of No-objection certificate from the property owner
  • Scanned copy of sale deed/property deed in English (in case of owned property)

Note: It is not compulsory that your registered office need not be a commercial space; it can be kept at your residence too.

How can we help in Registering your Company in India? Why Start-up Registration

As our Name Speaks “Start-up Registration” We have Expertise in Company Registration. The Private Limited Company Registration Procedure is completely online, so you don’t even have to leave your home to visit the government offices to get your company registered. At Start-up Registration, we complete the Company Registration online within 5 – 7 days.

Start-up Registration Company Registration package includes following with No Hidden Cost:

  • 2 Digital Signature Certificates
  • 2 Director Identification Number
  • 1 Name Application
  • Company Name Approval Certificate from Ministry of Corporate Affairs
  • Drafting of Memorandum and Articles of Association
  • Filing of Memorandum and Articles of Association
  • Stamp Duty and Government Fees
  • Company Registration Certificate from MCA
  • PAN of the Company
  • TAN of the Company
  • GST Registration
  • MSME (UDYOG Aadhar Registration)
Our Services

Accurate Start-up Consultancy is a key component to the success of your business.

We provide Startup Company Registration Services and Compliance related services at low cost to help your business grow:

  • Setting up of business via PVT/LLP/OPC.
  • Compliances under Taxation/GST/Auditing/Company Law/LLP Law.
  • We take care of your business compliance services like accounting, Income Tax Return, GST Return, Annual Return and Balance Sheet of the Company.

This way, we help entrepreneurs to focus better on their clients/customers. We also provide you Assistance in Funding for your startup.

Free Estimation

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Free Estimation

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Invest your time and efforts and focus on your business growth. We will take care of the Registration Procedures and Post Registration Compliance’s.