Company Registration – An Overview
A company registration is one of the most robust and legal ways to establish a business in India. It is ideal for entrepreneurs and businesses seeking a formal structure with limited liability, distinct from the personal assets of the owner. Registering a company provides access to various opportunities such as raising capital, gaining government recognition, and expanding the business across borders.
Limited Liability: Company registration offers limited liability protection, meaning the personal assets of the owners are protected.
Access to Capital: A registered company can raise funds through equity or debt, providing more growth opportunities.
Government Recognition: By registering, your firm can avail various benefits such as MSME registration, GST registration, and the ability to participate in government tenders.
Documents Required for Company Registration
To successfully register your company in India, the following documents are required:
Directors’ Aadhaar Cards
Directors’ PAN Cards
Passport-size Photographs of Directors
Address Proof of Directors (Electricity Bill/Rent Agreement)
Proof of Registered Office Address (Utility Bill, Rent Agreement)
Mobile Number and Email ID of Directors
Company Registration Timeline
The timeline for getting company registration approval is generally 7 to 10 working days. Completing the entire process, including GST registration, MCA approvals, and bank account setup, may take around 15 to 20 days.
Frequently Asked Questions
- What is a Company?
- Is Registration Mandatory for a Company?
- Can I Convert My Proprietorship into a Private Limited Company?