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Company Registration

The basic requirements for company registration are:·       

  • At least two members

  • Limited liability

  • Minimum of two directors

  • No minimum capital requirement

  • Should use the words private limited

When we talk about the formation of a company, Private limited company is the most accepted form of corporate legal entity in India. The registration for the company is governed under Companies Act 2013 and the companies incorporation Rules, 2014. 

To register as a private limited company there should be a minimum of two shareholders and two directors. But lately, Ministry of corporate affairs has implemented some important changes making the process simpler.

Private limited company:

For registration as a private limited company, there is a minimum requirement of two directors. And it can have a maximum of 15 directors. One of them should be an Indian citizen and residing in India. The other directors can be from foreign nations.

Two persons are required as shareholders of the company. The shareholders can be normal persons or artificial legal entity. Thus a company can be owned by two corporate, which are from India or Abroad.

Document Required

In the registration process of the company, the following documents:

  • PAN Card: PAN Card of shareholders and Directors. Foreign nationals must provide a valid passport

  • Identity Proof: Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors

  • Director’s Address Proof: Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors

  • Photograph: Latest Passport size photograph of Shareholders and Directors.

  • Business Address Proof: Latest Electricity Bill/ Telephone Bill of the registered office address

  • NOC from the owner: No Objection Certificate to be obtained from the owner of registered office

  • Rent Agreement: Rent Agreement of the registered office should be provided if any

Note :In case of NRI or Foreign National, documents of the partner must be notarized or apostilled

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Co-Fonder and Director

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