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How many types of company registrations in India are available?

Private Limited Company
• OPC Company
• Limited Liability Partnership
• Partnership firm Registration
• Sole Proprietorship
• Public Limited Company
• Sec 8 – Non-Profit Company

Why Choose Company Registration in India?

Registering a company offers many benefits.

A registered company increases the authenticity of your business. It helps your business –
• Shields from personal liability and protects from other risks and losses.
• Attracts more customers
• Procures bank credits and good investment from reliable investors with ease.
• Offers liability protection to protect your company’s assets
• Greater capital contribution and greater stability
• Increases the potential to grow big and expand
You will also get Zero Balance Current Account – Powered by DBS Bank *
Private Limited Company Registration Benefits
A large number of benefits, when you go for Private Limited Company Registration in India, are as follows:
• Protection Of Personal Assets of The Partners:
In the case of a Private Limited Company’s shareholders, they tend to have limited liability.
So if you are a shareholder, you will be considered liable to pay the company’s liability. But only to the limit of your contribution to the company.
Sai Ngo & Business Consultancy’s experts in company registration experts can help you in better understanding the “Private limited company registration process in India”.
• A Private Limited Company as Separate Legal Entity in the Eyes Of The Law:
In other words, the partners/owners of a PLC, are a completely different entity according to the Indian constitution.
An indirect company will be upheld for efficient management of its debtors, creditors, assets, and liabilities.
• You Can Raise Capital Easily:
A private limited company, which is registered in India, must meet a certain number of compliance requirements.
This form of company structure is largely preferred by entrepreneurs.
Because it helps them to raise the necessary funds via equity. It also allows them to expand and limits their personal liability.
• It Comes With The Benefit Of Continuous Existence:
It has the most important benefit, which is known as “Perpetual Succession”.
It means that its existence will be continuous until it is legally dissolved.
Due to it being a separate legal entity, it remains unaffected by the departure or death of any member. Even though there may be a change in existence, it will continue its existence.

You will receive a “Private limited company registration certificate”,

upon completion of the process.
Note: While going for Private Limited Company Registration online, you need to make sure that your preferred company name falls under the umbrella of “Private limited company registration name availability” criteria.http://www.mca.gov.in/MinistryV2/incorporation_company.html
Comparative List of Different Types of Business Structures in India

Checklist for Registering a Company in India

As defined under the Companies Act 2013, we have to ensure the requirements of the checklist
Minimum Two Directors:
A private limited company must have at least two directors and at most, there can be 15 directors. Among all the directors in the business, at least one must be a resident of India.
Unique Name
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.https://ipindiaonline.gov.in/eregister/eregister.aspx

You can check the availability of your company name on http://www.mca.gov.in/mcafoportal/showCheckCompanyName.do
Minimum Capital Contribution:
There is no minimum capital amount for a company. A company should have an authorized capital of at least Rs. 1 lakh.
Registered Office:
The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as a NOC is obtained from the landlord

How to Register Company Online – A detailed Registration process

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed following the law.http://www.mca.gov.in/MinistryV2/homepage.html

Search a company before Company Registration

One of the primary steps in Company Registration is to ensure that the company name has not already been taken by another legal entity. We can run a company name search to check the availability of the particular name in India against the MCA and trademark database.
We recommend the businesses to come up with three to four alternative names during the approval stage of Private Limited Company Registration. The Ministry of Corporate Affairs http://www.mca.gov.in/MinistryV2/homepage.html will be the final authority to approve the name based on the availability rules and regulations.
If you are disappointed that a preferred name is taken, do remember that the name of your company doesn’t have to be your brand name. However, if you’re going to trademark your brand name, also check if it has already been trademarked or not.

SAI NGO & BUSINESS CONSULTANCY

In India, Private Limited company registration cannot be done without proper identity and address proof. These documents will be needed for all the directors and the shareholders of the company to be incorporated. Listed below are the documents that are accepted by MCA for the online company registration process acceptable.
Identity And Address Proof :

Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
• Scanned copy of Voter’s ID/Passport/Driver’s License
• Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
• Scanned passport-sized photograph specimen signature (blank document with signature [directors only])

For foreign nationals, an apostilled or notarized copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.
Registered Office Proof

For foreign nationals, an apostilled or notarized copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.
Registered Office Proof
For online company registration in India, the company must have a registered office in India. To prove admittance to the registered office, a recent copy of an electricity bill or the property tax receipt or water bill must be submitted. Along with the rental agreement, utility bill or the sale deed and a letter from the landlord with her/his consent to use the office as a registered office of the company should be submitted.
• Scanned copy of the latest bank statement/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: Your registered office need not be a commercial space; it can be your residence too.

NOW

How can we help in Registering your Company in India? Why us Sai Ngo & Business Consultancy

WHO WE ARE
We provide quick and affordable service to register a private limited company through 100% online process. Our services are trusted by more than a hundred businesses in all major cities of India.

Pvt Ltd Company Registration is highly preferred by startups.
Apart from this we Successfully delivered multiple projects for various clients across the globe operating in varied domains. SNBC has developed hands-on experience in various segments of industries including but not limited to Infrastructure, Microfinancing, Renewable Energy, Travel & Tourism, Packaging, Oil and Gas, Automotive, IT & ITeS etc.

The Private Limited Company Registration process is completely online, so you don’t even have to leave your home to get your entity registered. At Vakilsearch, we complete the Company Registration online within 15 days.
We provide in this package:-
• DIN and DSC for two Directors
• Drafting of MoA & AoA
• Registration fees and stamp duty
• Company Incorporation Certificate
• Company PAN and TAN
• Zero Balance Current Account

DETAILS FOR  ENTITY COMPARISON GUIDE