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No. Registration of a new company is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

If all the documents are in order it should not take longer than 10-12 working days. However, it is also dependent on the workload of the registrar.

The required documents are the directors’ and Subscribers valid identity proof and valid address proof. Further a valid registered office address proof will also be required.

As such there is no minimum capital requirement. However, we recommend a minimum of ₹1 lac should be provided as authorized capital.

We believe in transparency – the costs mentioned are the only costs which will be charged to you

A minimum of 2 directors are required for company formation. If you are a single director, you can register a One Person Company.

A minimum of 2 shareholders are required for company formation.

The DSC is an instrument issued by certifying authorities (TCS and n-Code are two of them) by which you can sign electronic documents. As all documents needed are electronic, partners need a DSC.

Yes, a salaried person can be the director of a private limited company subject to his employment agreement. In most cases, employers are comfortable with their employees being directors in private limited companies.

Any individual/organization can become a member of a private limited company including NRI/foreigners. Nonetheless, the individual must be 18+ above in terms of age and should hold a valid PAN card. Kindly note that the rates of our packages differ in case of setting up a subsidiary company of a foreign company.

Yes, we have a team of professional accounting and tax consultants who can assist you with all your requirements.

Every business is different. We can discuss your business structure and recommend accordingly.

The corporate tax liability of 22% subject to conditions prescribed under the Act. Further, there are certain tax exemptions and incentives for individuals. Our consultants will be happy to guide you.

GST registration is mandatory for certain businesses. Companies dealing in good only, or into any other interstate activity and companies with turnover of more than INR 40 lacs are required to obtain the same. Rest of the entities need to obtain the registration if the turnover exceeds INR 20 lacs. Our consultants will be happy to assist you with the registration.

We are a full-service provider taking care of full corporate secretarial compliances, direct and indirect tax compliances, accounting and payroll.

Our package includes assistance in opening a current account with certain banks for your private limited company.

This is bank specific requirement. But under most of the cases banks will visit you physically for bank account opening and KYC procedures.

It takes approx. 7 to 10 working days provided all the KYC documents are proper.

We work with all Indian private banks and major foreign banks having presence in India.

Yes, that is permitted. One needs to submit the latest utility bill copy of the same. The address on the utility bill will exactly be the registered address of the company

These are the documents that govern the functioning of the company. These documents contain the main object clause, rules and regulations of the company and also define the the roles and responsibilities of shareholders and directors.

As soon as you obtain Certificate of Commencement of Business. For obtaining such certificate, a bank account needs to be opened and subscription money is to be deposited in the account.

Yes, it is compulsory for a private limited company to have its books of accounts audited every year under company’s act. An auditor must be appointed within 30 days of incorporation.

Only the below stated entities qualify as a “Startup” for the purpose of Government schemes

• Private Limited Company
• Registered Partnership Firm
• Limited Liability Partnership

Further conditions are:

• Not more than 5 years have passed from the date of its incorporation/ registration
• Turnover for any of the financial years has not exceeded ₹25 crore

It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property

The statutory cost can be divided into four categories – set up cost, accounting and auditing, statutory compliances and miscellaneous. All combined, you can expect a cost of ₹40,000 for the first year.

In case, you already have a DSC, our consultants will offer you some concession accordingly on the above package.

You will need to have exactly the same details on all your documents to incorporate your company.

Yes, NRIs and Foreign Nationals can become directors in a private limited company. They need to get a DIN from the Indian ROC. This is subject to the condition that at least one director on the board of directors of the company should be an Indian Resident. Additional documents required:

1. Copy of Passport Copy Which is apostilled by Consulate of Indian Embassy and notorised by Foreign Public Notary. These rules are country specific.
2. Copy of Bank Statement, Telephone Bills, Mobile Bills or Electricity Bills which is apostilled by Consulate of Indian Embassy and notorised by Foreign Public Notary. These rules are country specific.

Note that if the NRI is residing outside India at the time of the application, then he or she needs to get the PAN, Aadhaar, present address (in the country of residence) apostilled by Consulate of Indian Embassy and notorised by Foreign Public Notary, permanent Indian address . Any incidental charges here is not covered in the package. RBI intimation is required for foreign capital contribution. Compliances under FEMA shall be charged separately Our consultants will advise you on the applicable charges. Kindly note that the rates of our packages differ in case a foreign national is a director or shareholder.