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.