"AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP"

Company Formation in India

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Starting a company or starting a business  is not as facile as it looks. At MAS, we offer solutions and render assistance in setting up your business in India by carrying out the registration of the business under the respective governing laws such as The Companies Act 2013, The Indian Partnership Act, 1932, The Limited Liability Partnership Act, 2008.

There are various types of business entities and we can help you select the most appropriate one considering your requirements.

Below are the forms of establishing a company in India:

 

Other forms of setting up business in India are listed hereunder:

 

Note: A Sole Proprietorship, Partnership Firm can be established by residents only.

Starting Business in India

FAQs

The forms of establishing a company in India are as follows:

  • Public limited company
  • Private limited company
  • One person company (OPC)
  • Section 8 company

Other forms of setting up business in India are listed here under:

  • Sole proprietorship
  • Partnership firm
  • Limited liability partnership (LLP)

The respective governing laws under which you can carry out the registration of your business are:

  • The Companies Act, 2013
  • The Indian Partnership Act, 1932
  • The Limited Liability Partnership Act,2008

The benefits of forming a company in India are as follows:

  • It protects you from personal liability for business risks and losses
  • It makes you look serious and attract more customers
  • Creates better image and credibility in the market
  • Easier to get bank credit and investment from investors
  • Creates faith in employees and easy to draw a talented workforce
  • It is very convenient to exit or sell the business due to less documentation and cost.

As defined by the Companies act 2013, the requirements for registering a company in India are as follows:

  • Two directors
  • Unique name
  • Minimum capital contribution
  • Registered office

The documents which the MCA accepts for the online company registration process are listed below:

  • Identity and address proof:
    • Scanned copy of PAN card or passport
    • Scanned copy of voter-id/ passport/ driving license
    • Scanned copy of the latest bank statement/telephone or mobile bill/ electricity or gas bill
    • Scanned passport-sized photograph specimen signature
  • Registered office proof:
    • Scanned copy of the latest bank statement/telephone or mobile bill/ electricity or gas bill
    • Scanned copy of the notarized rental agreement in English
    • Scanned copy of no-objection certificate from the property owner
    • Scanned copy of sale deed/ property deed in English

A foreign national can incorporate a company in India provided another person stays in India for a total period of not less than 182 days during the financial year which shall be counted as resident director.

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