Company Formation in India

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The company formation is the beginning of an ambitious project wherein ideas, commitment, and goals come together to form a tangible entity.

Starting a company in India is simpler than it seems, especially when you have trusted partners guiding you through each step. With our team of experienced professionals, navigating the process of forming your own company becomes effortless, allowing you to focus on your business goals without the hassle.

Mercurius is a one-stop solution for all your business needs. We provide pre and post-incorporation support that helps you run your business smoothly. Our major services include:

  • Business Set-up Consultation
  • Company formation
  • Post Incorporation Support
  • Bookkeeping
  • Tax Compliances
  • Audit and Assurance
  • Payroll Processing
  • Tax Planning
  • Various Registrations (FSSAI, MSME, Trademark, IEC, LEI etc.)
  • Other Tailor-made Services Based on Requirements.

Introduction

Private Limited Company is the preferred choice for business setup in India; It's loved for its easy registration, fewer hassles with rules, and smooth closure process.

This type is more popular among new businesses and growing companies, giving shareholders limited liability while delivering beneficial features. It's the cornerstone for many successful companies.

Minimum Requirements

Requirements 
CapitalNo minimum capital requirement
Subscribers/Members2 Minimum / 200 Maximum
Directors2 Minimum / 15* Maximum
Authorized RepresentativeRequired in case of wholly owned subsidiary.
Resident DirectorAt least 1 director who stays in India for 182 days during the financial year and each of the subsequent financial year.

* More than 15 persons can be appointed as directors by passing a Special Resolution

Step of Incorporation

Step 1: Obtain a Digital Signature Certificate

Step 2: Perform Name Availability Search

Step 3: Draft Charter Documents

Step 4: File Relevant Form for Approval of Name

Step 5: File Relevant Forms for Incorporation

Step 6: Obtain Post-Incorporation Registrations

Step 7: Deposit the Subscription Amount into the Bank

Step 8: File Relevant Form for Commencement of Business

Step 9: Report FDI inflow to RBI

Deliverables

  • Digital Signature Certificates
  • Certificate of Incorporation
  • Director Identification Number/DPIN
  • Tax Registration :
    1. a) Permanent Account Number (PAN)
    2. b) Tax deduction / Collection Account Number (TAN)
  • Memorandum Of Association & Articles Of Association
  • Share Certificates

Documents Required

  1. For Directors / Shareholders / Members / Authorized Representatives 
  2. Permanent Account Number (Mandatory for Indian residents)
  3. Passport (Mandatory for foreigners/NRI)
  4. Voter ID /Driving Licence/Passport  (any one) - Identity Proof
  5. Bank Statement/Electricity Bill/ Telephone Bill (Not older than 2 months) - Address Proof
  6. Photograph Passport Size (3.5 X 4.5 cm)

For Registered Office:

i) If Owned by Subscriber / Director

  • Ownership Deed / House Tax receipt
  • Utility Bill (Not older than 2 months)

 

ii) If Rented

  • Rent Agreement
  • No Objection Certificate from Landlord
  • Utility Bill (Not older than 2 months)

For Foreign Entity

  • Certificate of Incorporation
  • Address Proof – Bank Statement / Utility Bill (not older than 2 months)
  • Board Resolution for Incorporating a Subsidiary in India

Information Required - For Directors / Shareholders / Members / Authorized Representatives

  • Father’s Name
  • Place of Birth
  • Duration of Stay at Present Address
  • Occupation
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