What is Company Registration Process?

The Company registration process is an online process under the initiative of the Ministry of the corporate affair. And with the Online Company Registration, you can easily register your startup without leaving your chair. For online Company Registration, you need to file an E-Form with a self-attested scan copy of KYC & other documents on MCA portal. Nowadays, the Private Limited Company Registration is sweeping the limelight and has become the top choice of many entrepreneurs in India.

Enterslice lends a hand to start-ups all over India and with that provides advisory services for Private Limited Company registration, Corporate Income Tax, Registration under Startup India, and also in designing an investment-friendly corporate structure. Enterslice is leading a position in Start-up advisory services with a presence in 25+ Countries including India. With the online Company Registration Enterslice has widened their wings in all major cities including Bangalore, Mumbai, Delhi NCR, Jaipur, Hyderabad, Ahmedabad, and Chennai.

Therefore, for the better understanding of online Company registration process, we have drafted 25 FAQ at the end of the page. Into the bargain, if you need a detail explanation on Company Registration process, Cost and Timeline, please fill your details above and click on Get Started button or email at info@selectservices.in and our expert will send you a detailed brochure about the online Company registration process.

Check List for Private Limited Company Registration

  • Directors and Shareholders KYC – For Private Limited Company registration, you need to provide us self-attested KYC documents of directors and shareholders like PAN Card, Aadhar, Election ID/DL/Passport and any Utility Bills. You can easily register a Private Limited company with minimum two people who will act as a Director of the company. The Minimum of the age of proposed directors shall be 18+.
  • DSC – Our team will create Digital Signature (DSC).
  • Name Approval –  you need to select a unique company name and make sure that the name for the proposed private limited company should be legal, distinct and not matching directly or indirectly with the name of any existing company. If in case the proposed name of the company closely resembles any of the existing registered trademark or similar with the objected/Advertised trademark then you cannot register a company. You need to refer the MCA website to verify company’s name availability and further for Trademark search. If ROC has any objection to the proposed company name you will get one additional opportunity for re-submission with a fresh company’s name.
  • Final Company Incorporation form (Spice) – After the name approval of company the next step is to prepare a Spice form and submit it to the ROC. After the submission, the ROC will examine the Spice form and MOA of the company, and issue a certificate of incorporation of the company.
  • PAN & TAN – With your CIN (Corporate Identification No) you will get E-PAN Card and E-TAN.
  • Bank Account Opening – After online Company registration, the Bank will send you an email requiring certain documents for Bank Account opening. You can select a nationalized bank and open your business bank Account.
  • GST Registration – After Private Limited Company registration, the Next step is to apply for GST Number. You can obtain GSTIN in 3 to 5 Working days. From July-17, GST Registration is mandatory for certain class of business irrespective of turnover. As we all are pretty much aware of the fact that the Start-ups usually grow very fast hence reaching to a turnover of Rs. 20 Lakh in an FY is not a very challenging task. Hence, we suggest that you should apply for the GSTIN on the very first day of the business.

How do I select the right Business Structure?

A company is a legal entity having a perpetual existence independent of its promoters and is a corporate body having a common seal that has a right to hold/sell/buy the property in its own name. A company can be formed as a Pvt Ltd Company, Public Limited Company (Listed or Unlisted), OPC (One Person Company) or LLP (Limited Liability Partnership).

While starting a new business, you should be aware of all the benefits that are embedded in the Company registration and the compliances requirement for it. Before you initiate online company registration process, you should know the Income-tax benefits available for startups, GST Registration requirement, Loan and Advances from Company/to company, Accounting, government initiation under Startup India program, annual Audit requirement, Penalty Clause and end to end Legal obligation of founders etc.

In case you have any questions about the online company registration process & annual Compliance of Private Limited Company, please feel free to email at info@selectservices.in or Call at 98138 50105. Our Expert will revert with an answer shortly.