{"id":9404,"date":"2020-11-15T17:25:55","date_gmt":"2020-11-15T11:55:55","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=9404"},"modified":"2025-12-22T00:49:59","modified_gmt":"2025-12-21T19:19:59","slug":"kind-of-business-structures-can-be-made-in-india","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/","title":{"rendered":"Kind of business structures in India"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d638de3b8b8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d638de3b8b8\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Kind_of_business_structures_can_be_made_in_India\" title=\"Kind of business structures can be made in India\">Kind of business structures can be made in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Common_Business_structure_in_India\" title=\"Common Business structure in India\">Common Business structure in India<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#1_One_Person_Company\" title=\"1) One Person Company\">1) One Person Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#2_Sole_Proprietorship\" title=\"2) Sole Proprietorship\">2) Sole Proprietorship<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#3_Partnership\" title=\"(3) Partnership\">(3) Partnership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#4_Limited_Liability_Partnership_LLP\" title=\"(4) Limited Liability Partnership (LLP)\">(4) Limited Liability Partnership (LLP)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#5_Private_limited_company\" title=\"(5) Private limited company\">(5) Private limited company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#6_Section_8_Company\" title=\"6) Section 8 Company\">6) Section 8 Company<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#What_is_Process_Private_Limited_Company_Registration_in_Delhi\" title=\"What is Process Private Limited Company Registration in Delhi?\">What is Process Private Limited Company Registration in Delhi?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Frequently_Asked_Question_On_business_structures_for_setting_up_an_entity\" title=\"Frequently Asked Question On business structures for setting up an entity\">Frequently Asked Question On business structures for setting up an entity<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_Is_the_Minimum_Director_Requirement_for_a_One-Person_Company_Incorporation\" title=\"Q.: What Is the Minimum Director Requirement for a One-Person Company Incorporation?\">Q.: What Is the Minimum Director Requirement for a One-Person Company Incorporation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_is_the_minimum_capital_requirement_for_registration_in_India_for_private_limited_companies\" title=\"Q.: What is the minimum capital requirement for registration in India for private limited companies?\">Q.: What is the minimum capital requirement for registration in India for private limited companies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_is_the_best_way_to_start_a_new_business\" title=\"Q.: What is the best way to start a new business?\">Q.: What is the best way to start a new business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_How_and_where_do_I_request_registration_for_an_online_company_in_India\" title=\"Q.: How and where do I request registration for an online company in India?\">Q.: How and where do I request registration for an online company in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_exactly_is_SPICe_Form\" title=\"Q.: What exactly is SPICe+ Form?\">Q.: What exactly is SPICe+ Form?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_the_required_documents_are_for_incorporate_the_company\" title=\"Q.: What the required documents are for incorporate the company?\">Q.: What the required documents are for incorporate the company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_Can_a_person_residing_outside_of_India_become_a_director_of_a_private_limited_company\" title=\"Q.: Can a person residing outside of India become a director of a private limited company?\">Q.: Can a person residing outside of India become a director of a private limited company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_Is_it_Possible_for_me_to_incorporate_Company_by_Myself\" title=\"Q.: Is it Possible for me to incorporate Company by Myself?\">Q.: Is it Possible for me to incorporate Company by Myself?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_Is_registering_a_company_mandatory_in_India\" title=\"Q.: Is registering a company mandatory in India?\">Q.: Is registering a company mandatory in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_How_does_a_Pvt_Ltd_company_operate\" title=\"Q.: How does a Pvt Ltd company operate?\">Q.: How does a Pvt Ltd company operate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_How_long_does_registration_in_India_take_for_a_company\" title=\"Q.: How long does registration in India take for a company?\">Q.: How long does registration in India take for a company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_Is_a_persons_physical_presence_required_for_company_registration\" title=\"Q.: Is a person&#8217;s physical presence required for company registration?\">Q.: Is a person&#8217;s physical presence required for company registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Q_What_is_the_procedure_for_verifying_a_companys_registration_number\" title=\"Q.: What is the procedure for verifying a company&#8217;s registration number?\">Q.: What is the procedure for verifying a company&#8217;s registration number?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#We_are_providing_Following_Chartered_Accountants_Services_In_India\" title=\"We are providing Following Chartered Accountants\u2019 Services In India\">We are providing Following Chartered Accountants\u2019 Services In India<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/carajput.com\/blog\/kind-of-business-structures-can-be-made-in-india\/#Import_and_Export_registration\" title=\"Import and Export registration\u00a0\">Import and Export registration\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Kind_of_business_structures_can_be_made_in_India\"><\/span><span style=\"color: #ff0000;\">Kind of business structures can be made in India<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><a style=\"font-size: 16px;\" href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Company-Sturcture-.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9408\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Company-Sturcture-.png\" alt=\"www.carajput.com; Business structure in India\" width=\"733\" height=\"282\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Company-Sturcture-.png 733w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Company-Sturcture--300x115.png 300w\" sizes=\"(max-width: 733px) 100vw, 733px\" \/><\/a><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Common_Business_structure_in_India\"><\/span><span style=\"color: #ff0000;\">Common Business structure in India<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27349\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India.jpg\" alt=\"Kind of Business Structure in India\" width=\"920\" height=\"1280\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India.jpg 920w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India-216x300.jpg 216w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India-736x1024.jpg 736w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India-768x1069.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Kind-of-Busness-Structure-in-India-800x1113.jpg 800w\" sizes=\"(max-width: 920px) 100vw, 920px\" \/><\/p>\n<ul>\n<li>The most important thing to do when beginning your own company is to comply with the legal requirements to ensure the safe functioning of your business enterprise.<\/li>\n<li>Registration of a corporation is the first step in the process that gives you legal permission to operate a business. It requires compliance with a set of regulations set out in the Companies Act.<\/li>\n<li>Company incorporation is the primary method that all company owners need to conduct. The Companies Act 2013 sets out the various forms of companies that can be established in India.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Compliance.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-10565\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Compliance.jpg\" alt=\"\" width=\"824\" height=\"462\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Compliance.jpg 1011w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Compliance-300x168.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Compliance-768x431.jpg 768w\" sizes=\"(max-width: 824px) 100vw, 824px\" \/><\/a><\/p>\n<ul>\n<li>So before you move on to the <a href=\"https:\/\/carajput.com\/services-company-registration.php\">company registration process<\/a>, take a look at the various types of companies in India that you can register.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"1_One_Person_Company\"><\/span><strong>1) <a href=\"https:\/\/carajput.com\/services\/one-person-company-registration.php\">One Person Company<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One Person Company is the new entrant to various types of companies registered in India. It was implemented under the Companies Act 2013 for the benefit of entrepreneurs who have the capacity to operate a company on their own but successfully. The minimum paid-up capital of the shares in the OPC shall be INR 1 Lakh.<\/p>\n<p><strong>List of following details or documents are required for the One Person Company Registration<\/strong><\/p>\n<p><strong>FOR THE REGISTERED OFFICE<\/strong><\/p>\n<ul>\n<li>Copy of Latest bank statement or mobile bill or phone or gas bill. or electricity<\/li>\n<li>A Copy of Notarized Rental Agreement.<\/li>\n<li>Copy of NOC from the property owner.<\/li>\n<li>The Copy Sale Deed\/Property Deed in English (for the owned property).<\/li>\n<\/ul>\n<p><strong>List of below documents required to Submitted by OPC member <\/strong><\/p>\n<ul>\n<li>Copy of PAN Card or passport (Foreign Nationals and NRIs).<\/li>\n<li>A Copy of Aadhar Card\/ Voter&#8217;s ID\/Passport\/Driver&#8217;s License.<\/li>\n<li>Copy of current Bank Statement or Telephone or Mobile Bill or Electricity or Gas Bill.<\/li>\n<li>The Copy of passport-sized photo.<\/li>\n<li>Copy of Specimen autograph or impression.<\/li>\n<\/ul>\n<p>This latest addition to the various kind of companies in India was a welcome change in India, as it allowed a single individual to take over the affairs of the company, while other types of companies needed at least two persons to serve as representatives of any <a href=\"https:\/\/carajput.com\/learn\/the-rules-for-incorporation-of-the-one-person-company.html\">company.<\/a><\/p>\n<p>It is very useful for small businesses that do not need partners. Much in the same way, One Person Company is considered to be a separate legal body from its members.<\/p>\n<p>Shareholders here have limited liability rights and this type of business is easy to incorporate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Sole_Proprietorship\"><\/span><strong>2) <a href=\"https:\/\/carajput.com\/services\/proprietorship-registration.php\">Sole Proprietorship<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Sole Proprietorship is a kind of company registration in which a single individual controls the entire business management. The Proprietorship and the owner shall be regarded as one identity and shall bear himself the benefit or loss made therein.<\/p>\n<p><strong>List of below documents required for Sole Proprietorship<\/strong><\/p>\n<ul>\n<li>KYC documents of the Bank.<\/li>\n<li>Utility Bill of the business place.<\/li>\n<li>A license issued through the Shops and Establishment Act.<\/li>\n<li>Income Tax Returns of the Proprietor.<\/li>\n<li>Any 2 of the documents could be submitted for the Bank Account opening with the Identity and Address Proof of the proprietor.<\/li>\n<\/ul>\n<p>The Business in Proprietorship is registered only on behalf of one single Individual. All accounting shall be conducted on the owner&#8217;s account for income tax and GST compliance purposes under the pan no of the owner. In this scenario, the owner must bear unlimited business liability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Partnership\"><\/span><strong>(3) <a href=\"https:\/\/carajput.com\/services\/partnership-registration.php\">Partnership<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>This is one of the different types of firms where company deals and transactions are done by partners. The legal partnership agreement specifically specifies the obligations, positions, and number of shares withheld by the two parties.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>List of following details or documents are required for the partnership firm Registration<\/strong><\/span><\/p>\n<ul>\n<li>The date when each partner joined the corporation.<\/li>\n<li>Complete names in full &amp; addresses of the partners.<\/li>\n<li>The place or principal place of business of the corporation.<\/li>\n<li>Names of any other places where the partnership carries on the entity<\/li>\n<li>The duration of the partnership and other details as below\n<ul>\n<li>Proof of ownership or rent\/lease of the location of the business.<\/li>\n<li><a href=\"https:\/\/carajput.com\/services\/permanent-account-number-pan.php\">PAN Card<\/a> copy of partners.<\/li>\n<li>Aadhaar Card\/ Voter identity card Copy.<\/li>\n<li>required a Statement in Form 1 with the prescribed fees.<\/li>\n<li>Notarized True Copy of the Partnership Deed declaring:<\/li>\n<li>Name of the firm.<\/li>\n<li>The nature of the business of the corporation.<\/li>\n<\/ul>\n<\/li>\n<li>The Statement should be signed by all the partners of the corporation and need to be verified by affidavit in a specified manner.<\/li>\n<li>As specified in the agreement, the gains or losses sustained by the company are split among the partners.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4_Limited_Liability_Partnership_LLP\"><\/span><strong>(4) <a href=\"https:\/\/carajput.com\/services\/limited-liability-partnership.php\">Limited Liability Partnership (LLP)<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Limited Liability Partnership includes a minimum of 2 partners. It is also a recently launched corporate business arrangement that incorporates the words &#8216;Company&#8217; and &#8216;partnership firm.&#8217; The LLP is a distinct legal entity that distinguishes among relationships and personal &amp; business properties.<\/p>\n<p><span style=\"color: #000080;\"><strong>List of following details or documents are required for the <a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/learn\/limited-liability-partnership-llps-requirements-at-the-time-of-incorporation.html\">LLP Registration<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #000080;\"><strong>Documents required by Limited Liability Partnership:<\/strong><\/span><\/p>\n<ul>\n<li>Proof of the address of the registered office: proof must be given during registration or within 30 days of its incorporation. A tenancy contract or No Objection Letter from the landlord must be sent to the registered office for leasing.<\/li>\n<li>The liability of the partners shall be determined by the number of their share capital. Compared to Sole Proprietorship and Partnership, the Limited Liability Partnership is more trustworthy among its investors. This is due to the proper maintenance of incorporation documents, financial records, and tax records.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Below Documents required from the partners of Limited Liability Partnership:<\/strong><\/span><\/p>\n<ul>\n<li>Copy of Current bank statement, phone bill, telephone bill, or gas bill must be submitted as proof of residence by the Partners.<\/li>\n<li>A Copy of Partners must also have a photo of their plan background passport size.<\/li>\n<li>Copy of <a href=\"https:\/\/carajput.com\/services\/permanent-account-number-pan.php\">PAN<\/a> card or ID Partner proof.<\/li>\n<li>The Copy of Address proofs of partners, such as Voter ID, Passport, Driver&#8217;s License, or Aadhar Card. Proof of identities, such as a driving license, bank statement, residence card, or any government-issued identification card that contains an address, is necessary for all foreign nationals who wish to register as a partner in the Limited Liability Partnership.<\/li>\n<li>Copy of Passport is required for NRIs. and foreign nationals.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5_Private_limited_company\"><\/span><strong>(5) <a href=\"https:\/\/carajput.com\/services\/private-limited-company-registration.php\">Private limited company<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A <a href=\"https:\/\/carajput.com\/learn\/benefits-of-a-private-limited-company.html\">Private Limited Company<\/a> is a privately owned company registered for small companies. According to the requirements of the Companies Act 2013, a minimum of 2 members and a maximum of 200 members may be members of a corporation. In this type of business, there is a group of shareholders, and the total capital is composed of shares owned by each member.<\/p>\n<p><strong>Below details and documents required for Private Limited Company Registration<\/strong><\/p>\n<ul>\n<li>Aadhaar Card\/ Voter Id card copy of directors.<\/li>\n<li>Rent agreement copy (for the rented property).<\/li>\n<li><a href=\"https:\/\/carajput.com\/services\/permanent-account-number-pan.php\">PAN<\/a> Card copy of directors.<\/li>\n<li>Scan copy Property papers (for the owned property).<\/li>\n<li>Attached Landlord NOC.<\/li>\n<li>Copy of Electricity\/ Water bill (Business Place).<\/li>\n<li>Copy of Passport size photo of directors.<\/li>\n<\/ul>\n<p>In a private limited company, the liability of the shareholders is limited to the number of shares owned by the members. Company assets and personal assets shall be handled separately. Shares of a private limited company can be sold or transferred to persons who in turn, become shareholders of the company. Shares, however, cannot be publicly traded. Private Limited Company could be further listed as:<\/p>\n<figure id=\"attachment_9399\" aria-describedby=\"caption-attachment-9399\" style=\"width: 831px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9399\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type-1024x567.png\" alt=\"www.carajput.com; Company Structure\" width=\"831\" height=\"461\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type-1024x567.png 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type-300x166.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type-768x425.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/Company1-Type.png 1233w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><\/a><figcaption id=\"caption-attachment-9399\" class=\"wp-caption-text\">www.carajput.com; Company Structure<\/figcaption><\/figure>\n<p>(a) Company limited by shares<\/p>\n<p>It is the most general type of a private limited company. Here the liability of the shareholders is limited by a memorandum to the amount, if any, not paid on the shares owned by themselves.<\/p>\n<p>(b) Company Limited By Guarantee<\/p>\n<p>In this form of a private limited company, the liability of the shareholders is limited by the memoranda to the amount that the members may contribute to the company&#8217;s assets in the event of bankruptcy.<\/p>\n<p>(c) Unrestricted Business<\/p>\n<p>There is no limit to the liability of the members in this type of company. This ensures that in the case of a loss if the assets of the corporation fall short of paying off the creditors, the private assets of the owners are then consumed for debt relief. The risk factor here is exceptionally high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Section_8_Company\"><\/span><strong>6) <a href=\"https:\/\/carajput.com\/services\/section-8-company.php\">Section 8 Company<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>This form of <a href=\"https:\/\/carajput.com\/learn\/nongovernment-organisation-management.html\">company registration is a non-profit organization (NPO)<\/a>.<\/li>\n<li>The purpose of the NPO is primarily to promote the arts, trade and different aspects of social welfare in the form of education, charity, religion, and environmental protection to name but in case any income if produced, shall be used here for the achievement of the aforementioned purpose.<\/li>\n<li>Dividends shall also not be charged to their shareholders.<\/li>\n<\/ul>\n<p><strong>List of following details or documents are required for the <\/strong><strong>Section 8 Company<\/strong><strong> registration<\/strong><\/p>\n<p><strong>For the Registered Office<\/strong><\/p>\n<ul>\n<li>Copy of Latest bank statement or mobile bill or phone or gas bill. or electricity<\/li>\n<li>A Copy of Notarized Rental Agreement.<\/li>\n<li>Copy of NOC from the property owner.<\/li>\n<li>One Copy Sale Deed\/Property Deed in English (for the owned property).<\/li>\n<\/ul>\n<p><strong>Below details and documents required for <\/strong><strong>Section 8 Company<\/strong><strong> limited registration<\/strong><\/p>\n<ul>\n<li>Copy of Aadhaar Card\/ Voter Id card copy of directors.<\/li>\n<li>A Copy of Rent agreement copy (for the rented property).<\/li>\n<li>one Copy of PAN Card copy of directors.<\/li>\n<li>The Copy of Property papers (for the owned property).<\/li>\n<li>Copy of Attached Landlord NOC.<\/li>\n<li>In Copy of Electricity\/ Water bill (Business Place).<\/li>\n<li>Copy of Passport size photo of directors.<\/li>\n<\/ul>\n<p><strong>7) <a href=\"https:\/\/carajput.com\/services\/public-limited-company-registration.php\">Public Limited Company<\/a><\/strong><\/p>\n<p>Public Limited Company shares can be owned by the general public. The company must have three directors and a minimum of seven shareholders. There is no limit on the number of shares in the Public Limited Company.<\/p>\n<p><strong>Below details and documents required For Public Limited Registration<\/strong><\/p>\n<ul>\n<li>Aadhaar Card\/ Voter Id card copy of directors.<\/li>\n<li>Rent agreement copy (for the rented property).<\/li>\n<li>Attached Landlord NOC.<\/li>\n<li>Scancopy of Electricity\/ Water bill (Business Place).<\/li>\n<li>Copy of Passport size photo of directors.<\/li>\n<li>PAN Card copy of directors.<\/li>\n<li>Scan copy Property papers (for the owned property).<\/li>\n<\/ul>\n<p>The shares are listed on the stock exchange and can be freely exchanged. These corporations are owned by their founders. Companies in this group need a ROC certificate before beginning their business operations.<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9402\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis-941x1024.png\" alt=\"www.carajput.com; Company Structure\" width=\"828\" height=\"902\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis-941x1024.png 941w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis-276x300.png 276w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis-768x836.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company3-comprative-anylsis.png 1314w\" sizes=\"(max-width: 828px) 100vw, 828px\" \/><\/a><\/p>\n<table style=\"height: 36px;\" width=\"824\">\n<thead data-start=\"92\" data-end=\"208\">\n<tr data-start=\"92\" data-end=\"208\">\n<th data-start=\"92\" data-end=\"106\" data-col-size=\"sm\"><strong data-start=\"94\" data-end=\"105\">Feature<\/strong><\/th>\n<th data-start=\"106\" data-end=\"132\" data-col-size=\"md\"><strong data-start=\"108\" data-end=\"131\">Sole Proprietorship<\/strong><\/th>\n<th data-start=\"132\" data-end=\"142\" data-col-size=\"md\"><strong data-start=\"134\" data-end=\"141\">LLP<\/strong><\/th>\n<th data-start=\"142\" data-end=\"165\" data-col-size=\"md\"><strong data-start=\"144\" data-end=\"164\">Partnership Firm<\/strong><\/th>\n<th data-start=\"165\" data-end=\"197\" data-col-size=\"md\"><strong data-start=\"167\" data-end=\"196\">Private Limited (Pvt Ltd)<\/strong><\/th>\n<th data-start=\"197\" data-end=\"208\" data-col-size=\"md\"><strong data-start=\"199\" data-end=\"206\">HUF<\/strong><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<div>\n<table>\n<tbody>\n<tr data-start=\"322\" data-end=\"642\">\n<td data-start=\"322\" data-end=\"336\" data-col-size=\"sm\"><strong data-start=\"324\" data-end=\"335\">Meaning<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"336\" data-end=\"396\">Owned and managed by one person; no separate legal entity<\/td>\n<td data-col-size=\"md\" data-start=\"396\" data-end=\"463\">Combines partnership and company features; separate legal entity<\/td>\n<td data-col-size=\"md\" data-start=\"463\" data-end=\"519\">Two or more share profits; not separate from partners<\/td>\n<td data-col-size=\"md\" data-start=\"519\" data-end=\"578\">Privately held, limited liability, separate legal entity<\/td>\n<td data-col-size=\"md\" data-start=\"578\" data-end=\"642\">Joint family pooling assets for tax benefit; headed by Karta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"643\" data-end=\"858\">\n<td data-start=\"643\" data-end=\"659\" data-col-size=\"sm\"><strong data-start=\"645\" data-end=\"658\">Structure<\/strong><\/td>\n<td data-start=\"659\" data-end=\"689\" data-col-size=\"md\">Owner and business are same<\/td>\n<td data-start=\"689\" data-end=\"728\" data-col-size=\"md\">Body corporate, perpetual succession<\/td>\n<td data-col-size=\"md\" data-start=\"728\" data-end=\"782\">Operated by partners; liability generally unlimited<\/td>\n<td data-col-size=\"md\" data-start=\"782\" data-end=\"833\">Separate entity, perpetual, managed by directors<\/td>\n<td data-col-size=\"md\" data-start=\"833\" data-end=\"858\">Governed by Hindu law<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"859\" data-end=\"1046\">\n<td data-start=\"859\" data-end=\"875\" data-col-size=\"sm\"><strong data-start=\"861\" data-end=\"874\">Formation<\/strong><\/td>\n<td data-start=\"875\" data-end=\"900\" data-col-size=\"md\">No formal registration<\/td>\n<td data-col-size=\"md\" data-start=\"900\" data-end=\"933\">Registered under LLP Act, 2008<\/td>\n<td data-col-size=\"md\" data-start=\"933\" data-end=\"969\">Governed by Partnership Act, 1932<\/td>\n<td data-col-size=\"md\" data-start=\"969\" data-end=\"1008\">Registered under Companies Act, 2013<\/td>\n<td data-col-size=\"md\" data-start=\"1008\" data-end=\"1046\">Automatically comes into existence<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1047\" data-end=\"1213\">\n<td data-start=\"1047\" data-end=\"1063\" data-col-size=\"sm\"><strong data-start=\"1049\" data-end=\"1062\">Liability<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1063\" data-end=\"1094\">Unlimited personal liability<\/td>\n<td data-col-size=\"md\" data-start=\"1094\" data-end=\"1120\">Limited to contribution<\/td>\n<td data-col-size=\"md\" data-start=\"1120\" data-end=\"1155\">Unlimited liability for partners<\/td>\n<td data-col-size=\"md\" data-start=\"1155\" data-end=\"1181\">Limited to shareholding<\/td>\n<td data-col-size=\"md\" data-start=\"1181\" data-end=\"1213\">Members liable as per shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1214\" data-end=\"1371\">\n<td data-start=\"1214\" data-end=\"1229\" data-col-size=\"sm\"><strong data-start=\"1216\" data-end=\"1228\">Taxation<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1229\" data-end=\"1258\">Taxed as individual income<\/td>\n<td data-col-size=\"md\" data-start=\"1258\" data-end=\"1276\">Flat 30% + cess<\/td>\n<td data-col-size=\"md\" data-start=\"1276\" data-end=\"1294\">Flat 30% + cess<\/td>\n<td data-col-size=\"md\" data-start=\"1294\" data-end=\"1334\">Corporate tax rates + surcharge + MAT<\/td>\n<td data-col-size=\"md\" data-start=\"1334\" data-end=\"1371\">Taxed under individual slab rates<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1372\" data-end=\"1599\">\n<td data-start=\"1372\" data-end=\"1384\" data-col-size=\"sm\"><strong data-start=\"1374\" data-end=\"1383\">Audit<\/strong><\/td>\n<td data-start=\"1384\" data-end=\"1429\" data-col-size=\"md\">Not required unless turnover exceeds limit<\/td>\n<td data-col-size=\"md\" data-start=\"1429\" data-end=\"1483\">Mandatory if turnover &gt; \u20b925L or contribution &gt; \u20b940L<\/td>\n<td data-col-size=\"md\" data-start=\"1483\" data-end=\"1537\">Mandatory if turnover &gt; \u20b91 Cr (\u20b950L for profession)<\/td>\n<td data-col-size=\"md\" data-start=\"1537\" data-end=\"1558\">Mandatory annually<\/td>\n<td data-col-size=\"md\" data-start=\"1558\" data-end=\"1599\">Must file return and maintain records<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1600\" data-end=\"1757\">\n<td data-start=\"1600\" data-end=\"1617\" data-col-size=\"sm\"><strong data-start=\"1602\" data-end=\"1616\">Compliance<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1617\" data-end=\"1637\">Minimal paperwork<\/td>\n<td data-col-size=\"md\" data-start=\"1637\" data-end=\"1672\">Fewer compliances than companies<\/td>\n<td data-col-size=\"md\" data-start=\"1672\" data-end=\"1694\">Less than companies<\/td>\n<td data-col-size=\"md\" data-start=\"1694\" data-end=\"1732\">High compliance (ROC filings, AGMs)<\/td>\n<td data-col-size=\"md\" data-start=\"1732\" data-end=\"1757\">Must maintain records<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1758\" data-end=\"1911\">\n<td data-start=\"1758\" data-end=\"1772\" data-col-size=\"sm\"><strong data-start=\"1760\" data-end=\"1771\">Funding<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1772\" data-end=\"1793\">Difficult to raise<\/td>\n<td data-col-size=\"md\" data-start=\"1793\" data-end=\"1822\">Easier than proprietorship<\/td>\n<td data-col-size=\"md\" data-start=\"1822\" data-end=\"1851\">Easier than proprietorship<\/td>\n<td data-col-size=\"md\" data-start=\"1851\" data-end=\"1892\">Can raise capital via equity and loans<\/td>\n<td data-col-size=\"md\" data-start=\"1892\" data-end=\"1911\">Limited options<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table style=\"height: 29px;\" width=\"825\">\n<tbody>\n<tr data-start=\"1912\" data-end=\"1968\">\n<td data-start=\"1912\" data-end=\"1939\" data-col-size=\"sm\"><strong data-start=\"1914\" data-end=\"1938\">Perpetual Succession<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1939\" data-end=\"1944\">No<\/td>\n<td data-col-size=\"md\" data-start=\"1944\" data-end=\"1950\">Yes<\/td>\n<td data-col-size=\"md\" data-start=\"1950\" data-end=\"1955\">No<\/td>\n<td data-col-size=\"md\" data-start=\"1955\" data-end=\"1961\">Yes<\/td>\n<td data-col-size=\"md\" data-start=\"1961\" data-end=\"1968\">Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table>\n<tbody>\n<tr data-start=\"1969\" data-end=\"2110\">\n<td data-start=\"1969\" data-end=\"1986\" data-col-size=\"sm\"><strong data-start=\"1971\" data-end=\"1985\">Management<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1986\" data-end=\"2014\">Complete control by owner<\/td>\n<td data-col-size=\"md\" data-start=\"2014\" data-end=\"2047\">Managed by designated partners<\/td>\n<td data-col-size=\"md\" data-start=\"2047\" data-end=\"2069\">Managed by partners<\/td>\n<td data-col-size=\"md\" data-start=\"2069\" data-end=\"2090\">Board of Directors<\/td>\n<td data-col-size=\"md\" data-start=\"2090\" data-end=\"2110\">Managed by Karta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table style=\"height: 39px;\" width=\"819\">\n<tbody>\n<tr data-start=\"2111\" data-end=\"2229\">\n<td data-start=\"2111\" data-end=\"2133\" data-col-size=\"sm\"><strong data-start=\"2113\" data-end=\"2132\">Transferability<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2133\" data-end=\"2145\">Difficult<\/td>\n<td data-col-size=\"md\" data-start=\"2145\" data-end=\"2154\">Easier<\/td>\n<td data-col-size=\"md\" data-start=\"2154\" data-end=\"2184\">Needs all partners\u2019 consent<\/td>\n<td data-col-size=\"md\" data-start=\"2184\" data-end=\"2216\">Restricted transfer of shares<\/td>\n<td data-col-size=\"md\" data-start=\"2216\" data-end=\"2229\">Difficult<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table style=\"height: 40px;\" width=\"813\">\n<tbody>\n<tr data-start=\"2230\" data-end=\"2337\">\n<td data-start=\"2230\" data-end=\"2251\" data-col-size=\"sm\"><strong data-start=\"2232\" data-end=\"2250\">No. of Members<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2251\" data-end=\"2257\">One<\/td>\n<td data-col-size=\"md\" data-start=\"2257\" data-end=\"2277\">Minimum 2, no max<\/td>\n<td data-col-size=\"md\" data-start=\"2277\" data-end=\"2316\">2\u201350 (non-banking), max 10 (banking)<\/td>\n<td data-col-size=\"md\" data-start=\"2316\" data-end=\"2324\">2\u2013200<\/td>\n<td data-col-size=\"md\" data-start=\"2324\" data-end=\"2337\">Minimum 2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table style=\"height: 40px;\" width=\"814\">\n<tbody>\n<tr data-start=\"2338\" data-end=\"2475\">\n<td data-start=\"2338\" data-end=\"2358\" data-col-size=\"sm\"><strong data-start=\"2340\" data-end=\"2357\">Governing Law<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2358\" data-end=\"2376\">No separate law<\/td>\n<td data-col-size=\"md\" data-start=\"2376\" data-end=\"2392\">LLP Act, 2008<\/td>\n<td data-col-size=\"md\" data-start=\"2392\" data-end=\"2423\">Indian Partnership Act, 1932<\/td>\n<td data-col-size=\"md\" data-start=\"2423\" data-end=\"2445\">Companies Act, 2013<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<ul>\n<li>No enterprise registration can be considered as a company in India, unless it is registered with the company registrar under the Companies Act 2013. Only after incorporation does a corporation become a distinct legal entity from its owners.<\/li>\n<li>Business registration is therefore an important and vital step in realising your dream of being a prosperous entrepreneur. Use this information and get started!<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Process_Private_Limited_Company_Registration_in_Delhi\"><\/span>What is Process Private Limited Company Registration in Delhi?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9401\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company-1024x582.png\" alt=\"www.carajput.com; Company Structure\" width=\"829\" height=\"472\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company-1024x582.png 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company-300x170.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company-768x436.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/11\/company4-Pragistration-process-of-company.png 1236w\" sizes=\"(max-width: 829px) 100vw, 829px\" \/><\/a><\/p>\n<ul>\n<li>We must apply to the DSC for the Private Limited Company Registration in Delhi.<\/li>\n<li>The next step must apply for the DIN for the Private Limited Company Registration in Delhi.<\/li>\n<li>Very Next Step we must apply for approval by the ROC of the Pvt Limited Company Registration in Delhi.<\/li>\n<li>Next step we must apply for registration with the latest SPICe Plus forms for registration of a Pvt limited company in Delhi.<\/li>\n<li>Get the Registration Certificate (COI) after completion of the registration process of the company.<\/li>\n<\/ul>\n<p>Here seem to be a couple more posts relevant to business registration for the purpose of brushing up your knowledge:<\/p>\n<p><strong>Read More about :<\/strong><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/\">Everything Know about company fresh start scheme,2020<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/process-of-company-registration-in-india\/\">Process of Company Registration in India<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/companies-act-2\/\">Know about Companies act, 2013<\/a><\/strong><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Question_On_business_structures_for_setting_up_an_entity\"><\/span><span style=\"color: #ff0000;\"><strong>Frequently Asked Question On <\/strong><strong>business structures for setting up an entity<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_Is_the_Minimum_Director_Requirement_for_a_One-Person_Company_Incorporation\"><\/span><span style=\"color: #000080;\"><strong>Q.: What Is the Minimum Director Requirement for a One-Person Company Incorporation?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The minimum number of directors for a one-person company is one (1), with an additional requirement of one member and nominee.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_is_the_minimum_capital_requirement_for_registration_in_India_for_private_limited_companies\"><\/span><span style=\"color: #000080;\"><strong>Q.: What is the minimum capital requirement for registration in India for private limited companies?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The company Act 2013 specifically requires all private limited companies, before they actually start business, to maintain a minimum paid-up capital of Rs1 lakh.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_is_the_best_way_to_start_a_new_business\"><\/span><span style=\"color: #000080;\"><strong>Q.: What is the best way to start a new business?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>There are different types of enterprises in India such as sole\u00a0proprietor, partnership companies, cooperative companies, companies, etc. The choice of the appropriate organizational structure for every particular company will depend on factors such as ownership, capital availability, scale of businesses, etc.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_How_and_where_do_I_request_registration_for_an_online_company_in_India\"><\/span><span style=\"color: #000080;\"><strong>Q.: How and where do I request registration for an online company in India?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The application must be submitted on-line along with the required\u00a0documents on the department portal as prescribed. You will receive the email from the department if there is any discrepancy or approval.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_exactly_is_SPICe_Form\"><\/span><span style=\"color: #000080;\"><strong>Q.: What exactly is SPICe+ Form?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>SPICe stands for Simplified proforma for incorporating a company electronically, and it serves as an application form for company registration in accordance with the Ministry of Corporate Affairs&#8217; guidelines (MCA). SPICe+ is an updated version of the SPICe form that was implemented\u00a0on February 15, 2020.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_the_required_documents_are_for_incorporate_the_company\"><\/span><span style=\"color: #000080;\"><strong>Q.: What the required documents are for incorporate the company?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Significant documents required for company registration include directors&#8217; Pan Card and Aadhar card, passport size photos, conveyance deed or rent agreement, energy bills, and so on, in addition to the prescribed documents, which can be prepared with the assistance of a professional.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_Can_a_person_residing_outside_of_India_become_a_director_of_a_private_limited_company\"><\/span><span style=\"color: #000080;\"><strong>Q.: Can a person residing outside of India become a director of a private limited company?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Yes, a person resident outside India\/ NRI or Foreign National may become a Director in a Private Limited Company, but at least one Director on the Board must be an Indian Resident.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_Is_it_Possible_for_me_to_incorporate_Company_by_Myself\"><\/span><span style=\"color: #000080;\"><strong>Q.: Is it Possible for me to incorporate Company by Myself?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Yes, you can complete all of the company&#8217;s documentation on your own, but it is recommended that you seek professional assistance because verification from a chartered accountant or company secretary is required to certify that all of the required compliances have been met.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_Is_registering_a_company_mandatory_in_India\"><\/span><span style=\"color: #000080;\"><strong>Q.: Is registering a company mandatory in India?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Yes, before beginning business activities, you must have your company registered with the Registrar of Companies. To take advantage of the advantages associated with various types of businesses, you must ensure that the proper company registration procedures are followed.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_How_does_a_Pvt_Ltd_company_operate\"><\/span><span style=\"color: #000080;\"><strong>Q.: How does a Pvt Ltd company operate?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Every private limited company operates in a unique and distinct manner. However, the promoters, who have the final say on how the organisation operates, are the final deciding authority. A private limited company operates solely at the discretion of its owner. Because the company&#8217;s shareholding power is concentrated in a few hands, decision making is quick and smooth, unlike in a public limited company.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_How_long_does_registration_in_India_take_for_a_company\"><\/span><span style=\"color: #000080;\"><strong>Q.: How long does registration in India take for a company?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Once the documents are submitted and the application fee is paid, it usually takes 7-10 days to receive the company&#8217;s incorporation certificate.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_Is_a_persons_physical_presence_required_for_company_registration\"><\/span><span style=\"color: #000080;\"><strong>Q.: Is a person&#8217;s physical presence required for <a href=\"https:\/\/carajput.com\/learn\/company-registration-services-in-india.html\">company registration<\/a>?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>No, for registration of companies in India, physical presence is not required. You can register a company online in a much more easy and simple way.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_is_the_procedure_for_verifying_a_companys_registration_number\"><\/span><span style=\"color: #000080;\"><strong>Q.: What is the procedure for verifying a company&#8217;s registration number?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Registration of a company is also referred to as Company Identification No. (CIN), assigned to each company in accordance with the 2013 Act, regardless of size and format. With the help of the following steps, you can check online your company register details:\n<ul>\n<li>Go to the site of\u00a0MCA.<\/li>\n<li>Drop the menu bar of Services of MCA .<\/li>\n<li>Company services.<\/li>\n<li>Search for CIN.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"We_are_providing_Following_Chartered_Accountants_Services_In_India\"><\/span><span style=\"color: #000080;\">We are providing Following Chartered Accountants\u2019 Services In India<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Proprietorship<\/li>\n<li>Annual Filing<\/li>\n<li>Appointment And Resignation Of Directors<\/li>\n<li>Auditing<\/li>\n<li>Book Keeping Outsourcing<\/li>\n<li>Bookkeeping<\/li>\n<li>Business Analysis<\/li>\n<li>Business Valuations<\/li>\n<li>CA Certification<\/li>\n<li>Ca Services<\/li>\n<li>Change In Share Capital Of Company<\/li>\n<li>Company Annual Filing<\/li>\n<li>Company Closure<\/li>\n<li>Company Formation<\/li>\n<li>Company Formation Registration<\/li>\n<li>Company Registration<\/li>\n<li>Company Secretarial<\/li>\n<li>FDI Advisory<\/li>\n<li>FDI Compliance<\/li>\n<li>Financial Planning<\/li>\n<li>Financial Reporting<\/li>\n<li>Food License<\/li>\n<li>Shop License<\/li>\n<li>Trademark Registration<\/li>\n<li>Trust Formation<\/li>\n<li>Warehouse Registration<\/li>\n<li>APEDA Registration<\/li>\n<li>Foreign Remittance Compliance<\/li>\n<li>Foreign Taxation<\/li>\n<li>Income Tax Consulting<\/li>\n<li>Income Tax Return<\/li>\n<li>Investment Advisory<\/li>\n<li>MSME Registration<\/li>\n<li>One Person Company<\/li>\n<li>One Person Company Registration<\/li>\n<li>Organic Product Certification<\/li>\n<li>Other<\/li>\n<li>Partnership Firm<\/li>\n<li>Payroll Consulting<\/li>\n<li>Private Limited Company Registration<\/li>\n<li>Proprietorship Firm<\/li>\n<li>Registered Address Change Of A Company<\/li>\n<li>Risk Management Advisory<\/li>\n<li>ROC Filing<\/li>\n<li>Director Kyc<\/li>\n<li>DSC<\/li>\n<li>Due Diligence<\/li>\n<li>Statutory Reporting<\/li>\n<li>Statutory Voluntary Audits<\/li>\n<li>Limited Liability Partnership<\/li>\n<li>LLP Annual Filing<\/li>\n<li>Tax Filing Expert<\/li>\n<li>Tax Planning<\/li>\n<li>E-commerce Startup Consulting<\/li>\n<li>Family Business Consulting<\/li>\n<li>Wealth Creation And Management<\/li>\n<li>NRI Registration<\/li>\n<li>FSSAI Registration<\/li>\n<li>IEC Registration<\/li>\n<li>Startup Recognition<\/li>\n<li>Business Consultancy<\/li>\n<\/ul>\n<p><strong>Read More about :<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/blog\/applicability-of-pan-requirement-for-foreign-nationals-at-the-time-of-company-incorporation\/\"><strong>Requirement pf PAN for company Incorporation for foreign nationals<\/strong><\/a><\/span><\/li>\n<li><span style=\"color: #000080;\"><strong><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/blog\/common-compliances-which-a-private-limited-company-has-to-mandatorily-ensure\/\">Mandatory compliance of <\/a><a style=\"color: #000080;\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-needed-to-register-a-private-limited-company\/\">Private Limited Company<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #000080;\"><strong><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/services-business-india.php\">Business Setup in India<\/a><\/strong><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"color: #000080;\"><strong><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/\">Everything Know about company fresh start scheme,2020<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #000080;\"><strong><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/blog\/process-of-company-registration-in-india\/\">Process of Company Registration in India<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #000080;\"><strong><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/blog\/companies-act-2\/\">Know about Companies act, 2013<\/a><\/strong><\/span><\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Import_and_Export_registration\"><\/span><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/\">Import and Export registration\u00a0<\/a><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Kind of business structures can be made in India Common Business structure in India The most important thing to do when beginning your own company is to comply with the legal requirements to ensure the safe functioning of your business enterprise. Registration of a corporation is the first step in the process that gives you &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9906],"tags":[9173,9448,9450,9041,9452,9451,9449],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9404"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=9404"}],"version-history":[{"count":6,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9404\/revisions"}],"predecessor-version":[{"id":30747,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9404\/revisions\/30747"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=9404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=9404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=9404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}