Incorportion of Company
Incorporation of Company in Mumbai, India / Business Formation
India is one of the fastest growing economies in the world with plenty of opportunities for business startups. Therefore, many new players are always looking to enter the Indian markets or expand their existing businesses to leverage India’s competitive advantage. Whether it be a foreign company eyeing a business set up in India, or an Indian company looking to expand, The Companies Act, 2013 governs all such entities and makes it necessary for them to register. We at MACO cater to all the requirements regarding Incorporation of Company in India.
The Incorporation of a company in Mumbai, India refers to the legal process that is used to form a corporate entity or a company. An incorporated company is a separate legal entity on its own, recognized by the law. These corporations can be identified with terms like ‘Inc’ or ‘Limited’ in their names. It becomes a corporate legal entity completely separate from its owners.
The following steps are involved in the Incorporation of a company in India:
1. Application for the Digital Signature Certificate (DSC):- It involves making application for the DSC to the authorities authorised by the Government. List of documents required is mentioned herein below.
2. Application for Availability of Name:- After Obtaining of DSC and approval of DIN application, an application is made to the Registrar of Companies for checking the availability of name in e-form.
3. Drafting of Incorporation Documents:- Once the name is approved the next step is to draft all the documents required for the incorporation such as Memorandum and Articles of the company, Forms and Declaration after getting name approval.
4. Execution of Documents:- Get the documents signed from the promoters and directors.
5. Filing of Incorporation Documents:- File necessary e-forms online with the Ministry of Corporate Affairs. The necessary fees and stamp duty in this regard, will be paid online.
6. Representations before Registrar of Companies (if required):- Appearing before Registrar of Companies for providing explanation & Clarifications with regard to documentation.
7. Receipt of Certificate of Incorporation & Corporate Identification Number:- After being satisfied, the corrections the Registrar of Companies office (Authority established under the Ministry of Corporate Affairs.) will register the Company and issue Certificate of incorporation.
We provide a one-stop solution to tackle all your requirements right from taking care of the documentation to the ongoing follow up services till your business set up in India is ready to function. Some of our services include:
Legal Set-up
- Company formation / Incorporation of Company in India
- Government approvals for foreign investment in a wholly owned Indian subsidiary or a joint venture company
- Establishment of a Liaison Office, Branch Office and Project Office after getting due governmental approvals
- Tax Registrations under various laws like GST, Excise, Income Tax, ESIC, Foreign Trade, etc.
Physical Set-up
- Assistance with locating office space for your new establishment in India - Providing the communication address - Assistance with lease agreements
Ongoing Services
- Audit and Assurance Services - Taxation Services - Compliance Services - Secretarial Services - Legal Support Services - General Business Support and Advisory Services
Our consultancy excels at setting up of LLCs, limited liability partnerships, joint ventures and wholly owned subsidiaries of foreign companies looking to foray into Indian markets. We have the legal expertise and the experience to help you decide which legal entity would be the right choice for you. We can consult you not just on the legal matters but also the subsequent company registration and financial questions. We also assist in forming following entities like:
- Incorporation of public & private limited companies viz. company limited by shares or by guarantee
- Obtaining licenses and incorporation of section 8 companies (for promoting commerce, art, science, etc.)
- Incorporation of Part I Companies (e.g. Producer Companies)
- Incorporation of Limited Liability Partnership (LLP)
- Conversion of existing business entities into Company / LLP
- Registration of foreign companies in India (Branch offices / Liaison offices / Project offices)
- Registration of a wholly owned subsidiaries outside India
- Registration of Company with RBI as NBFC, Primary Dealers, Assets Reconstruction Companies, etc.
- Registration of Company with SEBI as Mutual Fund, Stock and Sub Brokers, Portfolio Managers, Venture Capital Funds, Merchant Bankers and other intermediaries
- Joint Ventures / Foreign Collaborations
- Registration of business entities under Central/ State / Local Authorities
- Registration as financial intermediaries interalia including distribution, financial advisors.
