To register a company in India, follow below steps if you are Indian residents
Determine the type of company you want to register. There are 3 types of companies that can be registered in India:
Private limited company: This is the most common type. Private Limited company is owned by its shareholders, who are not liable for the company's debts beyond the amount of their investment.
Public limited company: owned by its shareholders, who are liable for the company's debts up to the amount of their investment. Public limited companies can raise capital by issuing shares to the public.
Limited liability partnership (LLP): hybrid between a partnership and a company. The partners in an LLP are not liable for the debts of the LLP beyond the amount of their investment.
Select name for your company. The name of your company must be unique and cannot be the same as the name of any other company that is already registered in India.Â
Check the availability of a company name on the Ministry of Corporate Affairs (MCA) website.
Get a Digital Signature Certificate (DSC). A DSC is a digital certificate that is used to sign electronic documents. You will need a DSC to file your company registration documents online. You can apply for a DSC from a licensed Certifying Authority (CA).
Obtain a Director Identification Number (DIN). A DIN is a unique identification number that is issued to directors of companies. You can apply for a DIN online on the MCA website.
File your company registration documents with the MCA. You can file your company registration documents online on the MCA website. The documents that you need to file include:
Memorandum of Association (MoA): This is the document that sets out the rules and regulations of your company.
Articles of Association (AoA): This is the document that sets out the rights and obligations of the shareholders and directors of your company.
Form INC-32: This is the form that is used to register a company.
Payment of the registration fee: The registration fee for a private limited company is INR 10,000.
Obtain a Certificate of Incorporation (CI). Once your company registration documents have been processed, you will be issued a Certificate of Incorporation (CI). The CI is a document that proves that your company has been registered with the MCA.
Open a bank account for your company. You will need to open a bank account for your company in order to conduct business. When you open the bank account, you will need to provide the bank with your company's CI and other relevant documents.
Get an Income Tax Identification Number (TIN) for your company. A TIN is a unique identification number that is issued to companies by the Income Tax Department. You can apply for a TIN online on the Income Tax Department website.
Get a Permanent Account Number (PAN) for your company. A PAN is a unique identification number that is issued to individuals and companies by the Income Tax Department. You can apply for a PAN online on the Income Tax Department website.
Get a Goods and Services Tax (GST) registration for your company. If your company is going to be selling goods or services in India, you will need to get a GST registration. You can apply for a GST registration online on the GSTN website.
After all of these steps, your company will be registered and ready to start doing business in India.