Procedure and timeline for India Company Registration in India
The overall process to form a company in india is similer except some additional formalities for the different types of company. The most commonly used type of company is the private limited company. Hence in this note you will get the details of the formation of private limited company. In respect of other types of companies the additional details would be provided.
|Application for DIN of all directors||2 Days|
|DSC of Director||1 Day|
|Get company name approval||5 Days|
|Prepare registration documents||3 Days|
|Client to sign company registration documents||2 Days|
|Register company||7 Days|
All the documents relating to registration of company and liaison with the government officials will be done by us. Just for your reference, to register a company, the following information and documents needs to be submitted to the registrar of companies:
The company name approval takes only 2-3 days unless there is some conflict with an existing name or the name has some sensitive words in it. Once the company name is approved and we have received the signed documents from you, we can normally register Indian company in 3 weeks.
A Indian Company may be registered with only two shareholder who can be an individual or a corporation. There is no requirement for shareholder(s) to be resident in India. But the amount of investment into the company is governed by the FDI policies of government.
The incorporation of the company is with the minimum capital prescribed as per the type of company. The shareholders have to file and undertaking in the subscribers page by writing in their own handwriting. This undertaking shall be witnessed by the following :-
If Undertaking in India - CA/CS/CWA
If undertaking outside India - Indian Embassy in origin country
As per Indian Companies Act, a Indian company can have one or more resident or non-resident directors. Minimum requirement is two Director.
Both the directors of the company can be foreign directors and there is no requirement of compulsory Indian directors on the board. To get the DIN of foreign directors the documents of the foreign directors must be notarised in the country of residence and the documents of the Indian directors shall be certified by Professionals like CA/CS/CWA.
A Company must have a registered office situated within Indian. The registered office of the company can not be outside India.