Company and Firms Registration in India

Share this post:

Business registration in India is very important when we think of starting a business in India. In today’s era, we have the facility of registering our business online. Online business registration involves less cost, less time and efforts and we don’t have to visit a consultant’s office every time as nowadays we can get these services online within a reasonable price.

For business registration in India, we first have to decide the type of business structure we want to choose among different types of business structure available in India.

Company registration in India

Online Firm Registration Process in India

Sole Proprietorship Firm Registration:

This structure is most suitable when your business is small and there is only one owner. It is the one which involves the least cost and has very fewer compliance.

Online firm registration process in India:

  • Open a current bank account
  • For opening a current bank account, we can either opt for MSME registration or have GST registration.

Partnership Firm Registration:

This structure is most suitable when there are two more persons come together to form a business as partners and divide the profits thereof in an agreed ratio. It is easy to form and have fewer compliances as compared to a company.

Online firm registration process in India:

  • Form a partnership deed on stamp paper with notarized  
  • Obtain PAN and TAN
  • Open a current bank account
  • For opening a current bank account, we can either opt for MSME registration or have GST registration.
  • As per the Partnership Act, 1932 registration of partnership firms is optional and is entirely depends on partners whether they want to register a partnership firm or not.

Company Registration Process in India

GST Registration

Company Private Company Registration Process in India:

As per Companies Act, 2013 private limited company should be registered with Ministry of Corporate Affairs. There should be at least 2 members who can also act as directors of the company. The private limited company registration process on India is as follows:

  • Apply for DSC
  • Apply for DIN in the form DIR-3
  • Register for company name in India via e-form RUN
  • Filing forms SPICe-INC-32 Form, e-MOA(INC-33) and e-AOA(INC-34) with MCA along with the required documents
  • Issue of Certificate of Incorporation
  • Open a current bank account

One Person Company Registration Process in India:

As per Companies Act, 2013 One Person Company should be registered with Ministry of Corporate Affairs. There are only 1 director and member. The online company registration process on India is as follows:

Limited Liability Partnership (LLP) Registration Process:

As per Companies Act, 2013 One Person Company should be registered with Ministry of Corporate Affairs. It has the benefits of both partnership firm and company into a single form of organization. The online firm registration process in India for LLP is as follows:

  • Apply for DSC
  • Apply for DIN in the form DIR-3
  • Register for the company name in India via e-form LLP-RUN
  • Incorporation Application in the form FiLLip
  • File LLP Agreement in form 3
  • Open a current bank account

The company registration process or online firm registration process in India is somewhat complex and involves tedious documentation part, along with also requires professional certification via chartered accountant, company secretary, cost and management accountant. You can search such said professionals on online directory of CAONWEB near you who can help you in online firm registration process in India or company registration process or for register company name in India or any other service related to licensing, registration or taxation.

Also Read these topic:-

How can a Non Resident person start a company in India?

How To Register Pvt Ltd Company in India?

, ,

About caonwebteam

With an experience of registering more than 500 companies and being counted as one of the top consultants recognised by India Excellence Award 2017, CA ON WEB PVT. LTD. is one of the most trusted legal consulting companies in India. We are most trusted company for Cross-border business.With some best industry experts working for us, we are trusted by well-known companies like Alibaba, Club Factory, Krazybee in China and recently Partnered with PayTM in India.
View all posts by caonwebteam →