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Company Incorporation

About This Plan

SSI offers a comprehensive solution to get a Company incorporated in India in the most professional, fast, and diligent manner.

With the assurance of covering all the compliances and statutory requirements, our aim is to provide you a hassle-free one-stop solution in order to facilitate the ease of doing business.

 

Our highly qualified professionals ensure that not even a single client at SSI is ever bothered to participate in a cumbersome procedure(s) while starting their business; We take this as our responsibility to solve the complex trails of statutory compliances for you and save your time and effort in starting a business.

SSI adheres to Industry Best Practices and has an automated internal framework which reduces the time taken in filing applications, forms, and other procedural formalities in the process of Company Incorporation.

Bundled services provided by SSI, in the package for Incorporating a Company in India are:
 

  1. Application of Company Name and purpose via Simplified Proforma for Incorporating Company Electronically Plus (SPICe+)
     
  2. Class 2 DSCs' for up to 2 Directors/ Subscribers, as applicable.
     
  3. Payment of Government Fees, Stamp duty for Authorized Capital up to Rs. 1 Lakh
     
  4. Preparation & filing of Memorandums and Articles of association with the ROC
     
  5. PAN Registration
     
  6. TAN Registration
     
  7. GST Registration
     
  8. Current Account opening assistance

How It's Done

 

  • Class 2 DSCs' for Directors/ Subscribers are processed and obtained within 2 hours of affirmation of client for the package.

  • Company Name Reservation via SPICe+, Approval of which comes in 3 to 5 business days.

  • Filing of e-Forms with ROC, which usually takes 3 business days to process.

  • Receipt of Incorporation Certificate; which usually comes in 3 to 7 business days from the date of filing of all e-forms at the MCA portal.

Information Guide

Documents required for Company Incorporation:

  1. PAN card of all proposed Directors
     
  2. Passport Size photograph of all proposed Directors
     
  3. Identity Proof of all proposed Directors (Aadhar Card, Passport, Voter ID Card, Driving License, etc)
     
  4. Address Proof of all proposed Directors (Recent one-month bills of Electricity or Landline Telephone, or Mobile Phone or Bank Statement)
     
  5. Self Declaration of all directors about their directorship in other companies
     
  6. NOC from the owner of Premise where the company has to be registered
     
  7. Rent Agreement between the owner of the property and the proposed company, to use the said premise as a registered address of the office
     
  8. Recent 2 months of Utility bills for the registered address verifying the ownership details mentioned in the NOC/ Rent Agreement.

FAQs

Advantages of company registration in India
Company registrations in India provide several advantages and make a business look genuine, traceable, and enhances the business’ credibility and repute in the eyes of both an investor and a customer.

A registered company structure protects the shareholders from personal obligations, liabilities & claims arising out of the day to day commercial trade and activities.

A legitimate identity that comes with statutory registration of a company also promotes transparency to banks, regulatory authorities & other stakeholders of the company.
Is it mandatory for a company to appoint Auditors?
Yes,
A private limited company must hire an auditor, irrespective of any revenue-based limits.
In fact, an auditor must be appointed within 30 days of incorporation. Penalties for non-compliance on not hiring an Auditor can run into lakhs of rupees and even lead to the prosecution & fines on directors.
How many days does it take to register a company with MCA?
The government of India and the Ministry of Corporate Affairs has recently made it easier to register companies by the introduction of several online tools like SPICe+

Provided an applicant has all the required documents in place, it takes anywhere between 10 to 15 days for a company to be registered.
Is the company incorporation process completely online in India?
Yes, company registration is completely online and can be done only through the MCA portal.

The E-forms required for company incorporation are uploaded at the MCA portal and are then processed at the Central Registration Centre (CRC) in a robust manner.

Upon successful registration of a company, a digitally signed Certificate of Incorporation is sent by CRC, MCA which can be verified by all the stakeholders at www.mca.gov.in
What are MOA & AOA to be documented for Incorporation of a company?
MOA is a Memorandum of Association and AOA is Articles of Association.

These are the bylaws or rules based on which important matters like the domains of business activities, nature & scale of operations, etc are decided.

These are standard legal documents mandatorily required to be prepared and filed with the Ministry of Corporate Affairs (MCA)
What is the minimum paid-up capital required to Incorporate a company?
A Private Limited company can now be incorporated with a capital contribution as low as INR 10,000/-
Can NRIs and foreign nationals register a private limited company in India?
Yes,
NRIs/ foreign nationals/ entities can register a company and invest in India, subject to the Foreign Direct Investment norms set by the RBI.
However, incorporation rules in India require one Indian national to be on the Board of Directors of such a company being incorporated.
Is the rate of Income Tax lower for Companies than LLP, Proprietorships, etc?
Yes, for AY 2021-22:

Where a company has opted for section 115BA, 115BAA, 115BAB the rates for Income Tax are 25%, 22% & 15% respectively as against a rate of 30% on other business structures like LLP, Partnership firms, Proprietorships, etc.

Note: The Income-tax rates mentioned above are subject to applicable surcharges and cess imposed by the Central Board of Direct Taxes from time to time.
When are the shareholders required to deposit the Initial capital contribution?
The capital mentioned in the MOA (Memorandum of Association) must be deposited in a current account and a commencement certificate must be obtained from the MCA within 180 days from the date of Incorporation of the company.
Is is Mandatory for a company to have a commercial address for Incorporation?
No, commercial office space/ address is not mandatory.

A Company can be registered at a residential or rented home address as well. This office address can be changed at any time after the incorporation of the company.
Once your company is set up and you are ready to move to a corporate space you can change the registered office address by informing the ROC in an online application.

Price available on request

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