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Q&A for How to Register a Company in India
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QuestionCan I do everything by myself?NileLarsCommunity AnswerThe incorporation procedure prescribed under Indian Companies Act of 2013 mandates the involvement of professionals (CS - CA) for certification of documents.
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QuestionWho could be the possible stamping authority on MoA and AoA?NileLarsCommunity AnswerThe payment of stamp duty on MoA and AoA is now paid online through the MCA portal only.
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QuestionI am a salaried working professional. Can I register a company in my name?Community AnswerYes, but registering a company in your name would almost certainly violate the employment contract with your current organization. It would be better if you quit or had someone from your family register the business on your behalf.
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QuestionCan I start a company with the name of my farm?Community AnswerYou can use any name approved by the MCA. Go to the MCA website and check on the availability of the proposed name.
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QuestionWhat would be the ideal total cost involved when registering a company in India?Community AnswerIt depends on state to state and other factors such as capital, number of directors, etc. For example, in Delhi, if a company capital is 1 Lakh and there are 2 directors, then the fees would be around 8-10k.
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QuestionCan I register a company in India completely online?Sumit JindalCommunity AnswerYes, you can register a company online in India. It's now a very simple process. You don't need to go anywhere. If you have all the documents, then one can open a company in maximum of 2-3 days.
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QuestionI am a salaried working professional. Can I start a company with my name for part-time self employment?Community AnswerYes. You can start your proprietorship with just your PAN Card and any one other registration which may apply to your business. If you do not need a bank account PAN Card is sufficient to start a business.
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