Overview of Online Company Registration

A private limited company is a sort of privately held small corporate entity in which the liability of the owners is restricted to their shares, the firm has 200 or fewer shareholders, and the shares are not publicly traded. When a company registers online, it becomes a legal entity with its own identity. The Ministry of Corporate Affairs’ Companies Act, 2013, and the Companies Incorporation Rules, 2014 govern private limited internet company registration.

Anyone wishing to start a scalable firm should choose a private limited company, which is the most common legal structure. In India, it is one of the most prevalent legal structures for businesses. A private limited corporation must have a minimum of two members and a maximum of two hundred members in order to be registered. A director of a private limited corporation is only liable to creditors to a certain extent. In the event of a default, banks/creditors can only sell the company’s assets, not the directors’ personal assets. Due to its numerous benefits, a private limited company is one of the most popular corporate formations among India’s small, medium, and big businesses.
Online company registration in India is preferred by start-ups and developing enterprises because it allows them to conveniently acquire outside capital, limit the liabilities of their shareholders, and offer employee stock options to attract top talent. These businesses are more credible than a Limited Liability Partnership (LLP), One Person Company (OPC), or General Partnership since they must hold board meetings and file yearly returns with the Ministry of Corporate Affairs (MCA). We are always accessible at Registration Arena to assist you with registering a private limited company. Registration Arena offers online company registration in India in all major cities, including Hyderabad, Mumbai, and New Delhi, as well as Chennai, Kolkata, and other Indian cities.

Advantages Of Online Company Registration

  • Preferred by banks, VCs & investors
  • The separate legal entity which limits your liability
  • Easy to allocate and redistribute shares to investors or other directors
  • Easy to register, manage & run
  • Easy to dissolve or wind-up
  • Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company

Minimum Requirements For Online Company Registration

  • Minimum 2 Shareholders
  • Minimum 2 Directors are required
  • At least one Director should be an Indian Resident
  • Minimum 2 Rupees Share Capital
  • DIN & DSC’s for all the Directors

Documents Required For Online Company Registration

Identity and Address Proof: All directors and shareholders of the incorporated firm will need to provide proof of identity and address. A PAN card is required in the case of an Indian national. An apostilled or notarized copy of the passport must be presented for international nationals. All of the documents you send should be legal. The evidence of residence documentation, such as a bank statement or an electric bill, must be less than two months old.

Registered Office Proof: A registered office in India is required for all businesses. A recent copy of an electricity bill, gas bill, water bill, or telephone bill must be given to confirm admission to the registered office. A letter from the landlord granting permission to use the office as the company’s registered office should be submitted along with the rental agreement, utility bill, or sale deed, and a letter from the landlord granting permission to use the office as the company’s registered office.

List of documents to be submitted by the Director and the Shareholders

  • Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
  • Scanned copy of Voter’s ID/Passport/Driver’s License
  • Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  • Scanned passport-sized photograph
  • Specimen signature (blank document with signature [directors only])
  • Note: Any one of the directors must self-attest the first three documents. In the case of foreign nationals and NRIs, all the documents must be notarized (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).

For the Registered Office

  • Scanned copy of Latest Telephone or Electricity or Gas Bill or Water bill
  • Scanned copy of Notarized Rental Agreement in English
  • Scanned copy of No-objection Certificate from the property owner
  • Scanned copy of Sale Deed/Property Deed in English (in case of owned property)
  • Note: Your registered office need not be a commercial space; it can be your residence, too.