A Company is a legal entity formed to conduct business. It is separate from its owners and has perpetual succession.
| Type | Description | Suitable For |
|---|---|---|
| Private Limited Company | Limited liability, up to 200 members, no public shareholding | Startups, SMEs |
| Public Limited Company | Can raise public funds, minimum 7 members | Large businesses, listed companies |
| One Person Company (OPC) | Single owner, limited liability | Sole entrepreneurs |
| Section 8 Company | Non-profit organization | NGOs, Charities |
PAN Card and Aadhaar Card of Directors
Proof of Registered Office (rental agreement or ownership documents)
Digital Signature Certificate (DSC) for directors
Director Identification Number (DIN)
MOA (Memorandum of Association) and AOA (Articles of Association)
Passport-size photographs of directors
Obtain DSC & DIN for proposed directors
Name Approval via MCA portal (apply for 2-3 names)
File Incorporation Forms (SPICe+ form)
Submit MOA and AOA
Pay registration fees
Receive Certificate of Incorporation
Apply for PAN & TAN (Tax deduction account number)
Usually takes 7-15 working days depending on document accuracy and government processing
Separate legal entity & limited liability protection
Easier to raise funds & bank loans
Brand credibility with clients & partners
Perpetual succession
Ability to enter contracts and own assets
