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corpca@corporateca.com

Contact

+91 11 43586070
+91 98100 77049

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Mon-Sat: 8am to 8pm

Location

YMCA Building
New Delhi

Company Incorporation in
India

CorpCA has assisted multi-national Clients with company registration in india. Our company incorporation specialists will help you for company setup needs and get benefited from our customized services, expertise and exceptional support.

The benefits of registering company in India:

  • The Indian economy presents massive untapped market potential
  • Easier to raise capital and further develop your business
  • The Indian government has recently started to allow foreign direct investments (FDIs) in various sectors including retail, finance, insurance, airline, railways and telecom.

Why should you set up a company in India?

The Indian economy presents massive untapped market potential because:

  • It is the 3rd largest in Asia by GDP. India is also the world’s largest country (by population) with a massive consumer market.
  • The Indian government has recently started to allow foreign direct investments (FDIs) in various sectors including retail, finance, insurance, airline, railways and telecom.
  • India has signed 85 double tax avoidance agreements (DTAAs) and 42 free trade agreements (FTAs) with countries around the world This allows our Clients to not only reduce their withholding taxes but also market their products to large markets such as China and Australia.

Operating a business in India is cost-effective for foreign entrepreneurs because:

  • An Indian limited liability company can be incorporated with a paid up share capital of just USD $1,650.
  • According to the Worldwide Cost of Living 2019 index, ndia has one of the world’s lowest consumer cost index.

India is known for its labour force:

  • It’s young population is in sharp contrast to that of other large economies such as China, the USA, and Europe.
  • India has more than 125 million English speakers, so there are few language barriers to business. Furthermore, all government documentation is in English and the local state language.
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India Company Incorporation

A foreign company establishing a business presence in India usually establishes an India subsidiary company or a branch office.

Private Limited Company

Private Limited Company is a privately held business entity and Company is privately held by the shareholders & the maximum number of shareholders shouldn’t be more than 200.

Limited Liability Partnership

Limited Liability Partnership is an alternative corporate business that gives the benefits of limited liability of a Company & the flexibility of a Partnership.

Proprietorship Firm

This business is completely owned & controlled by a single person, a Company or a Limited Liability Partnership. There are no partners in the business.

How it Works

Our CorpCA expert executives will intelligently coordinate all these steps between you and our team online from start to finish.

Step 1: Get DSC and DIN: As we know that the Private Limited Company Registration is completely online and you must file the application for Private Limited Company Registration online, so it is necessary to obtain Digital Signature Certificate to authenticate the documents you upload on the MCA portal. Also, you need to get a DIN to access the application form for the Private Limited Company Registration. Our experts will help you in obtaining DSC and DIN in minimal time.

Step 2: Filing Incorporation Form (SPICe+ Form): You can apply for Company Name Approval and PAN & TAN of the Company in 2 different parts as we mentioned below:

  1. Company Type: First, select “Private Limited Company” from the different types of Company Structures listed down in the form.
  2. Class of Company: Then, choose the class of company whether a Company is Private, Public or One Person.
  3. Category of Company: After that, choose if you want the Company to be limited by shares, by guarantee or have unlimited shares. The most popular one is to keep the Company limited by shares.
  4. Sub-Category of Company: Choose the relevant sub-category with the help of our experts.
  5. Main division: The Ministry of Corporate Affairs (MCA) has designated unique codes to the main divisions. Choose the one that fulfills your business requirements.
  6. Description of the main division: In this section, you need to explain your business idea and specify the purpose of the products and/or services that you are going to offer in a detailed manner.
  7. Proposed Company's Name: Then, you can propose 2 names here.

Step 3: Certificate of Incorporation: After the verification of the application & documents, the MCA grants the Certificate of Incorporation. Basically, it’s conclusive proof of the existence of the Company, wherein the Incorporation Date, CIN (Company Identification Number), PAN & TAN are mentioned with the sign & seal of the Registrar. Moreover, DIN is allotted to Directors with the Registration Approval. The CIN receipt is the proof of the legal existence of your business.

Obtain DSC : LLP Registration are filed online & are required to be digitally signed. So, before starting the LLP Registration process, you must apply for the Digital Signature Certificate (DSC) of the designated Partners of the proposed LLP. Hence, the designated Partner must obtain their DSCs from the Government-recognized certifying agencies.

Get DIN : After obtaining DSC, then you need to apply for DPIN of all the proposed Partners or those wanting to be designated Partner of LLP. The application for the allotment of DIN has to be made in Form DIR-3

Application for Name Approval : LLP-RUN application form is for the name reservation of the Limited Liability Partnership. But before applying for the name reservation, it is necessary to use the free name search facility on MCA Portal. The system will provide the list of closely resembling names of existing companies/LLPs based on the search criteria. This will definitely help you choose names not identical to already registered names. The Registrar will approve the proposed name only if the name is not undesirable in the Central Government’s opinion & doesn’t resemble any existing Partnership Firm or an LLP or a body corporate or a Trademark.

Filing FiLLiP Form : For the LLP Registration in India, you need to file a FiLLiP Form and submit it to the Registrar who has jurisdiction over the State in which the registered office of the LLP is situated. The Form will be an integrated form. This Form is also used for allotment of DPIN, if a person who is to be appointed as a designated partner doesn’t have a DPIN or DIN. The application for reservation may be made via FiLLiP too. In case the name is approved, the name shall be filled as the proposed name of the Limited Liability Partnership.

File LLP Agreement : This Agreement governs the mutual rights & duties amongst the Partners & also between the LLP & its Partners. LLP Agreement must be filed in Form-3 online, Form-3 for the LLP Agreement must be filed within 30 days of the Incorporation. This Agreement has to be printed on stamp paper. The value of Stamp Paper is different for every state.

Apply for PAN, TAN, and Open a Bank Account : Once you get the Certificate of Incorporation we will apply for the PAN, TAN and Bank Account for your Limited Liability Partnership.

Sole Proprietorship is an easy way to commence a business. There is no legal difference between the business & the owner in the case of Sole Proprietorship. So, there are 3 different ways to register a Sole Proprietorship in India

  • Registering under the Shops & Establishments Act
  • Registering through GST Registration
  • Getting Udyam or Udyog Aadhar under the Ministry of MSME.

Saul Goodman

CEO & Founder

Fantastic experience: very knowledgeable about taxeation, quick communication, and very reassuring.

Sara Wilsson

CEO

Corp CA was so supportive and provided everything I requested from incorporation to payroll. As I travel mostly out of the year, this gave me such peace of mind. Thank you.

Jena Karlis

Company Owner

The team at Corp CA have been excellent to work with. Thank you for your help!

Matt Brandon

Freelancer

Cross Juridiction Taxes are finally done. Corp CA answered my questions quickly. Sends me all the reports needed for my business operation.

John Larson

Entrepreneur

This is my third year using Corp CA and I am very satisfied with my service that I have received during this time. I would recommend them to everyone.

Our Services

CorpCA provides International Business, Global Compliance, Tax advisory, Management and strategy consulting and Corporate Accounting Services. We provide the Reliable and Quality services to the Organizations. We work as Finance business partner with the stakeholder of the enterprise and help them to focus on their core Business.

Frequently Asked Questions

Frequently asked question to setup business in India

Yes, a Private Limited Company in India needs a physical location as all communication with the Company by various Government Authorities will be done to such physical location only.

Yes, a Private Limited Company can hold multiple businesses, but it should be mentioned in the MOA of the Company & approved by a Registrar.

DIN or Director Identification Number is a unique identification number allotted by the Government to any individual intending to be a Director or an existing Company’s Director.

GST Registration is compulsory if an annual turnover of a Company exceeds Rs. 40 lakhs (for goods) & Rs. 20 lakhs (for services).

Yes, a salaried person can become the Company’s Director, but you need to go through the employment rules & ensure they allow you to do so.

Corporate Clients

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+44 7413 619 819
+44 20 7993 4969

Email:

corpca@corporateca.com