Company Incorporation

Ignorance of the law is no excuse: a company can be penalised for a mistake it did not even know it was making. It takes a lot of vigour to start a business, and a compliance mistake not only takes a toll on scarce business bandwidth but also drives away investment prospects.

It is therefore better to seek professional help from the very outset of setting up your business than to pay penalties when things have already gone wrong.

• A unique name that reflects the company's vision and mission. The proposed names must comply with the Ministry of Corporate Affairs (MCA) guidelines.
• The business structure. Does your business actually need a company structure, and if so, which kind would suit it better — a One Person Company, a Pvt. Ltd. Company or a Public Company?

There is no minimum amount of share capital required. The amount of capital you start with should be determined by the investment planned in your company.

The time to incorporate depends on various factors. For example, the Registrar of Companies (RoC) may not approve the proposed name, or a Director Identification Number (DIN) application may be rejected, so it is wise to keep a margin of a few days.

• For each director: self attested copies of PAN card, Aadhaar and bank statement, photographs, and the DSC form filled up.
• Each director's information, such as educational qualification, contact details and address.
• The desired names of the company, in order of preference.
• Address proof of the place of business — for a rented property or office, the latest electricity bill and the NOC or leave and licence agreement; for an owned property or office, the latest electricity bill and the property tax receipt or maintenance bill.

Once the documentation is submitted, the RoC issues the Certificate of Incorporation with the company's Corporate Identification Number (CIN). Mere incorporation is not enough to commence business: the company's PAN and TAN are also mandatory.

We also provide accounting, taxation, financial and legal services. A long-term retainership saves you the business bandwidth of outsourcing to multiple service providers, and the cost of changing service providers when the business grows.