COMPANY INCOPORATION / REGISTRATION

The Registration of companies in India is governed under the Indian Companies Act, 1956; there are basically two types of companies that can be established in India.

• Private Limited Company with minimum requirement of two shareholders and two directors with a Minimum paid capital & Authorized capital of Rs.1,00 000/-

• Public Limited Company with minimum requirement of seven shareholders and three directors with Minimum paid up & Authorized capital of Rs. 5,00 000/-

POST INCORPORATION FORMALITIES:

• Generating DIN-1 Only
• Generating Digital Signature
• Finalizing application and 
• Obtaining approval for the corporate name of the  Indian Company from Registrar of   Companies.
• In case Shares are to be subscribed by a Foreign Company:
• Board Resolution
• Charter Documents
• No Objection
• Drafting Memorandum of Association
• Drafting Articles of Association
• Form 1, Form 18, Form 32 etc.
• Certificate of Incorporation
• Drafting minutes of the first board meeting of the company.
• Letters to the auditors
• Share certificate
• Common seal.
• Bank account
• In case FDI is involved, then RBI Formalities