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Get Professional Assistance for Company Formation in India

India is one of the fastest growing economies in the world with plenty of opportunities for business startups. Therefore, many new players are always looking to enter the Indian markets or expand their existing businesses to leverage India’s competitive advantage. Whether it be a foreign company eyeing a business set up in India, or an Indian company looking to expand, The Companies Act, 2013 governs all such entities and makes it necessary for them to register. We at IMC Group cater to all the requirements regarding such company formation in India.

Types of Business Structures in India

Sole Proprietorship

This type of business is operated and managed by a single person. There are no such registration formalities, and they are recognized by other registrations like sales or service tax registration and therefore, it is very famous among small traders and merchants.

Key features

Unlimited Liability:

Here, the owner and firm are not separate legal entities and therefore, the owner is responsible to pay off everything. This is the reason why sole proprietorship is suited only for small businesses.

Easy to set up and carry on:

Since there are no separate formalities for registering a sole proprietorship business in India, anyone can easily start it without any professional help or prior knowledge. If you are dealing with some specified commodity, you just need a license or permit to sell the same.

Why Choose IMC for Company Formation and Registration in India

Why Choose IMC for Company Formation in India?

IMC Group simplifies company formation in India by providing all services under one roof, reducing regulatory and transaction risks. We help structure the right legal framework tailored to your business objectives.

Documents Required for Company Registration in India

Registering a company in India involves submitting several essential documents, which may vary by company type. The commonly required documents include:

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Director Identity and Address Proof

Mandatory PAN card, and one of the following—Aadhaar card, Passport, Voter ID, or Driving License. Passport-sized Photographs of Directors

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Registered Office Proof

Recent utility bills (not older than two months), rent agreement and NOC from the owner if rented, or sale deed/property tax receipt if owned.

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Consent to Act as Directors (DIR-2)

A declaration by directors agreeing to their roles

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Declaration by First Subscribers and Directors (INC-9)

Confirming eligibility and compliance under the Companies Act.

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Memorandum of Association (MOA)

Outlines the company’s objectives and scope.

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Articles of Association (AOA)

Details the internal management rules, including shareholder and director duties. Details the internal management rules, including shareholder and director duties.

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Digital Signature Certificate (DSC)

All directors must sign documents digitally.

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Director Identification Number (DIN)

Obtainable online via the Ministry of Corporate Affairs.

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Additional Documents (if applicable)

This may include board resolutions, consent letters, or NOCs based on specific registration requirements.

company formation in india
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Different Business Establishments in India

Particulars Private Public OPC LLP
Min Directors 2 3 1 2 Designated Partner
Max Directors 15 15 15 N/A
Min Members 2 7 1 2
Max Members 200 Unlimited 1 No Limit
Resident Director 1 Mandatory 1 Mandatory 1 Mandatory 1 Designated Partner
Transfer of Ownership Ownership can be transferred Ownership can be transferred Ownership can be transferred to nominee in the event of death of owner Ownership can be transferred
Subscription of shares Public subscription not allowed Public subscription not allowed Public subscription not allowed Public subscription not allowed
Managerial Remuneration No limit for managerial personnel Shareholder approval is required, if remuneration payable is above limits NA Remuneration is based on LLP agreement
Commencement of Business/Operations Declaration to be filed prior to commencement Declaration to be filed prior to commencement Declaration to be filed prior to commencement Immediately after obtaining certificate of incorporation
Legal Status Pvt Co is a separate legal entity registered under Companies Act, 2013. The Directors are liable for defaults made under the act Public Co is a separate legal entity registered under Companies Act, 2013. The Directors are liable for defaults made under the act OPC is a separate legal entity registered under Companies Act, 2013. The Directors are liable for defaults made under the act LLP is a separate legal entity registered under LLP Act, 2008. The Designated partners of LLP are liable for contraventions under the act
Governing Act/ Law Companies Act, 2013 Companies Act, 2013 Companies Act, 2013 LLP Act, 2008
Annual Statutory Filings Annual statement of accounts & annual return with ROC Annual statement of accounts & annual return with ROC Annual statement of accounts & annual return with ROC Annual statement of solvency & annual return with ROC
Annual Filings & Audit IT return to be filed. Audit mandatory IT return to be filed. Audit mandatory IT return to be filed. Audit mandatory IT return to be filed. Audit mandatory in case turnover exceeds INR 40 lakhs or contribution exceeds INR 25 lakhs

Process of Company Registration in India

Minimum Requirements:

Now, you can understand the company registration process through the following steps.

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Company Formation in India - FAQs
Yes, a registered office address in India is mandatory for company incorporation. It is used for all official communications and must meet all legal requirements.
Investors need to register statutory documents, including the articles of association and memorandum of association, signed by a company secretary. They must also pay registration fees, including stamp duty. Once these steps are completed, they’ll receive a certificate of incorporation to proceed with tax registrations and other essential operations.
The registration timeline for a company in India typically ranges from 15 to 30 days, depending on the company type, documentation accuracy, and the Registrar of Companies (ROC) processing time.

Setting up a company in India offers legal protection from business risks, builds trust with customers and investors, and strengthens market credibility. It also improves access to funding, attracts skilled employees, and ensures a smooth exit process with minimal paperwork.

The process usually takes 10-15 working days, subject to the company type, document readiness, and regulatory approvals.

The requirements vary by company type. A Private Limited Company requires at least two directors and two shareholders. A One Person Company (OPC) needs one director and one shareholder.
In India, a sole trader or individual entrepreneur operates a business under their own name, managing all aspects single-handedly. They bear full personal liability for financial issues such as debts and bankruptcy due to no legal separation from the business. However, they benefit from straightforward registration and minimal regulatory requirements.

To check a company’s name availability in India, visit the Ministry of Corporate Affairs (MCA) portal and use the name search tool to confirm uniqueness and compliance with the Companies Act.

Yes, but at least one director must be a resident of India, having stayed in the country for a minimum of 182 days during the financial year.

As per the Companies Act 2013, a company in India must have at least two directors, a unique name, a minimum capital contribution, and a registered office.

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