Business Setup in India Company Registration Requirements

Company Registration Requirements

Company Registration Requirements

Registering a business in India has been a complex procedure that has taken quite a long time over the past years. The INC-29 Form and Digital Signature program launched today has made Company Registration a simple operation, thanks to the efforts of the Ministry of Commerce. The process has become so simple that anybody who wants to sign their business can do so sitting at their comfortable location and logging in at a convenient time. Nonetheless, certain specific criteria for registering one's Company have been stipulated. Let us look briefly at those criteria.

Meet and register the company with these criteria

  • When the company you want to register is a private corporation, make sure that at all times there are at least two shareholders
  • The maximum number of private limited company shareholders is maybe 200
  • The number of shareholders a Public Limited Company may have no ceiling
  • Any person or business may be a shareholder

The following individuals are liable for the same in respect of the ownership of shares

  • Someone who is Indian Citizen
  • Any Indian Company
  • Whoever is from another country
  • Any international Business
  • Any foreign national is permitted to hold an Indian Company's share, provided that FDI requirements are followed
  • No shareholder is responsible for having any correspondence address in respect of India

Condition Regarding Directors

  • The person elected to oversee, monitor, and manage the entire Company is eligible for the position of Director
  • The shareholders choose or assign the Company's directors
  • In the case of Private Limited Company, it is required that at least two directors should be in the positions at all times
  • By default 15 individuals will be the company's director and that number can be increased by passing a resolution on the board
  • Also, living persons may be counted as Directors. This is to ensure that no Organization is regarded as an independent company to be treated as a Director
  • All Directors must be older than 18 years
  • Between the two Directors, during the previous calendar year, at least one Director must have continuously resided in India for one hundred and eighty-two days.
  • When one of the directors is in a foreign country, getting an address for correspondence in India is not a requirement

Standards regarding Office Premises

  • Every business planned to be registered in India must have an office address in India and it will be named the registered office.
  • All civil and regulatory matters affecting the Business shall be dealt with in compliance with the scope of jurisdiction in which the Company's premises are situated
  • This registered office will remain the location where all records relating to the activities of the Company are kept. This will also be the contact address for the public at any time, and the issue of legal notices
  • It will remain the company's registered office for as long as the company operates. If at any point in time a change of location is a must, the same can be achieved by informing and obtaining permission from the Ministry of Corporate Affairs

Main things to remember when New Business files

  • The promoters must intimate the state of incorporation before registering a company so that they may apply for the name of the company
  • After the name has been obtained, the company can join the registration process.
  • Although the registered office address does not need to be given during registration, the same must be required within 15 days of the company's registration date
  • Once the office is established after providing all the details requested, it is the Directors' responsibility to keep the ROC informed about the company's incorporation within 30 days.

For more details regarding the Registration of a company

Disclaimer: The content of this post isn't considered to be professional or legal advice, We aren't responsible for any damages arising from your access to the location content & must not be relied on or used as a substitute for legal advice from a lawyer professional in your jurisdiction. CARajput is among India's big digital compliance services platform which committed to helping people have started & developed their businesses. We had started with the goal of creating it easier for start-ups to start out their business. Our main aim is to assist the businessman with applicable laws & regulations compliance and providing support at each & every level to make sure the business stays compliant and growing continuously. For any query, help or feedback you may in touch on or Call or what’s-up on 9-555-555-480

Share This Post

Related Articles

Related Videos

Need help?

Request a call
from a RJA
Business Advisor.


Private Limited Company

Popular Categories

Browse Blogs

Recent Posts

Key Updates and Recommendations from the 53rd GST Council Meeting

Key Updates and Recommendations from the 53rd GST Council Meeting

 Futures and Options transactions may attract higher tax rate

Futures and Options transactions may attract higher tax rate

All about the Social Stock Exchange (SSE):

All about the Social Stock Exchange (SSE):

Myths about Chartered Accountants Examination Preparation

Myths about Chartered Accountants Examination Preparation

India Should Implement 2% Wealth Tax & 33% Inheritance Tax to Tackle Rising Inequality

India Should Implement 2% Wealth Tax & 33% Inheritance Tax to Tackle Rising Inequality

Connect with a RJA Advisor

Fields marked with an * are required

Enquire Us

Please send us your query and we feel very happy helping you


  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

    A US consultancy group

  • Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.

    A Leading Service Provider

  • We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.

    A Leading Consultancy Firm in Dubai

Money Back Guarantee

Not happy with the service? You can request a refund at anytime within 30 days!

24/7 Support

Get support through phone, email, mobile app or live chat - 24/7, 365 days.

EMI Payment

Easily pay online with EMI payments, credit or debit card, net banking, PayPal and more.

Get In Touch--

Rajput Jain & Associates

Add: P-60, Connaught Circus, Connaught Place, New Delhi-110001


Phone: 9555555480

Legal Disclaimer--

The information contained on this website merely provides details of our firm to persons who have shown interest in knowing more about us and is not intended to solicit work or advertise our capabilities in any manner. The information provided on this website is general in nature and should not be used as a basis of decision-making without further professional advice. The third party site links are only provided for ready reference of the users and CA Rajput Jain & Associates neither controls their content nor undertakes any responsibility regarding them.

© 2016 Rajput Jain & Associates. All Rights Reserved | Sitemap

Call Email