Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business:

• Shield from personal liability and protects from other risks and losses
• Attract more customers
• Procure bank credits and good investment from reliable investors with ease
• Offers liability protection to protect your company’s assets
• Greater capital contribution and greater stability
• Increases the potential to grow big and expand

Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have FiNODHA as our professionals can help you with every step of the private limited company registration process.

• Step 1: Obtain DSC
• Step 2: Apply for the DIN
• Step 3: Application for the name availability
• Step 4: Submission of MoA and AoA to register a private limited company
• Step 5: Apply for the PAN and TAN of the company
• Step 6: RoC issues a certificate of incorporation with a PAN and TAN

If you have all the documents in order, it will take no longer than 14 Working days. However, this is dependent on the workload of the registrar.

No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

All directors must provide identity and address proof, as well as a copy of the PAN card (for Indian nationals) and passport (for foreign nationals). No objection certificate must be submitted by the owner of the registered office premises.

Yes, so long as the annual compliances are met, the private limited company will continue to exist. If you do not comply with the requirements, it will go dormant, until it is struck off the register altogether.

Yes, a private limited company must hire an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation. Compliance is important with a private limited company, given that penalties for non-compliance can run into lakhs of rupees and even lead to the blacklisting of directors.

These documents contain the rules, vision and mission of your organisation, and define, among other things, the exact business and the roles and responsibilities of shareholders and directors.

Yes, a minimum of 2 directors are needed for a private limited company. The maximum number of members can be 200. You can register as a one-person company if you are the sole owner of the company.

There is no minimum capital required for starting a private limited company.

Yes, a salaried person can become the director in a private limited, LLP or OPC private limited company. One needs to check the employment agreement if that allows for such provisions. In a lot of cases, the employers are quite comfortable with the fact that their employee is a director in another company.

No, one cannot convert an LLP into a private limited company as it is not an MCA. The LLP Act, 2008 and the Companies Act, 2013, both don’t have any provisions for the conversion of the LLP into a private limited company. However, if one wants to expand their business they can register a new private limited company with the same name. The LLP company needs to just issue a no objection certificate.

Finodha can integrate a private limited company in 14-15 Working days. The time taken also depends on the relevant documents provided by the applicant and the speed of approvals from the government. To ensure speedy registration, kindly pick a unique name as the proposed company name and also ensure that you have all the required documents prior to the start of the registration process.

Yes, the company can be registered at the owner’s home address. A copy of the utility bill is required to be submitted.

Yes, it is good to register a family member as a partner. At a later stage one can change this or transfer shares of the directors.

The entire procedure is done online and one does not have to be present at our office or any other place for the incorporation. A scanned copy of the documents has to be sent via mail. They get the company incorporation certificate from the MCA via email or courier at the business address.

Yes, an NRI or a foreign national can become a director of a private limited company. He or she must obtain a DIN from the Indian RoC. They can also hold a controlling stake in the company. As long as at least one director on the board of directors is an Indian resident.