Company Formation in India

Overview

Companies Act
Companies incorporated or registered in India are governed by the Companies Act 1956.
Shareholders and Directors

  • There is no need to appoint local director to incorporate a company in India.
  • Foreign nationals can incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB). More...

FAQ on Indian Companies

What is a Private Limited Company? A Private Limited Company is a Company limited by shares in which there can be maximum 50 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders isMore...

Procedures in Registration of a Company

Applicable law
The Indian Companies Act, 1956
The Companies Act of 1956 sets down rules for the establishment of both public and private companies.

Allotment of Director Identification Number (DIN)
Application in Form DIN-1 shall be made online and provisional DIN number of the person intending to become director of the Company shall be generated. More...

Check List of Information Required

Details of proposed company to be incorporated

  • Proposed names of the company in order of preference.
  • Main objects of the company.
  • Authorized share capital of the company. More...
 
     
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