Company registration in India is regulated by the Companies Act, 1956 and is administered by the Ministry of Corporate Affairs (MCA - www.mca.gov.in) through the Offices of Registrar of Companies (ROC) in each State. Types of companies that can be registered in India are Private Companies and Public Companies Private Companies should have Minimum Capital of Rs.1 Lakh and Public Company should have Minimum Capital of Rs.5 Lakhs for registration Private Limited Company is formed with minimum of 2 members and 2 Directors. Maximum number of members in a private company is restricted to 50 and Public Limited Company is formed with minimum of 7 members and 3 Directors. There is no restriction on maximum number of members
1-What is DIN?
Director Identification Number (DIN) is a unique identification number for an existing director or a person intending to become the Director of a company. DIN is a Mandatory for appointing a Director in the Company.
2-What is Digital Signature?
Digital Signature is the electronic signature of a person that will be used in the filling the forms with ROC.
Company is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it, capable of rights and duties of its own and endowed with the potential of perpetual succession.
4-Can I register a Company anywhere In India?
Yes, You can register a Company anywhere in India.
5-What are the types of Companies which is suitable to start a Business?
Private Limited Company or
Public Limited Company
6-How to start a Company?
Formation of the Company can take place in three Simple Steps:
Apply for DIN and DSC.
Apply for Name
File Incorporation Forms.
7-How many People required starting a Company?
In case of Private Limited Company it is 2 and In case of Public Limited Company it is 7.
8-How much Investment to be made to start a Company?
The minimum paid up capital for
Private Limited Company – Rs.1,00,000/-
Public Limited Company – Rs.5,00,000/-