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There are various forms of business entities in India:
- Private Ltd Company
- Public Ltd Company
- Unlimited Company
- Sole proprietorship
- Joint Hindu Family business
- Partnership
- Cooperatives
- Limited Liability Partnership(LLP)
- Liaison Office
- Branch Office
- Project Office
- Subsidiary Company
under the “Companies Act of 2013 –
- Types of Companies Based on Size: Micro, Small, and Medium companies
- Types of Companies Based on Number of Employees: Private, Public, and One Person companies
- Types of Companies Based on Control: Holding, Subsidiary, and Associate companies
- Types of Companies Based on Liability: Unlimited and Limited by shares
- Types of Companies Based on Capital Accessibility: Listed and Unlisted companies
a private limited company should meet the following criteria:
- It should consist of at least two directors and utmost fifteen directors.
- One director must be an Indian resident.
- The minimum and maximum shareholders of the company should be two and 200, respectively.
- It should possess a reliable capital fee of a minimum of ₹1,00,000.
- It should have a registered office address within India.
Required Documents for Registration
- PAN card of all company directors
- Electricity and water bills of the company
- Passport size photo IDs of all directors
- Directors Aadhar card/Voter Id card
- Property documents
- Rental agreements
- Authorization letter from the landowners
- Initially, directors should apply for the digital signature and DPIN (Director PIN assigned by the MCA).
- Select any three names for your company and provide them to the MCA. Then, MCA chooses any one of them.
- Submit MOC and AOA.
- Get a company establishment certificate as legal proof for your business, where you can also get a CIN number.
- Finally, apply for the PAN, TAN, and Bank accounts, submitting the necessary documents such as MOA, AOA, and PAN.