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Business Registration

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  ₹ 2,999  |  ₹ 2,999   |  ₹ 2,499  |  ₹ 2,999  

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What is Business Registration

Choosing the right business structure is as important as picking the industry of the respective business because of the long-term implications entailed in the process. Business structure defines the footing of an enterprise and as a founder, you need to choose a business structure that provides you with the right balance of legal rights and protection. Considering the striving competitive environment where one needs to focus all the energy and concentration on the core activities of the business, the entrepreneurs should outsource the activities related to legal and accounting compliances to the professionals who are versed with the process. They will help you do a careful analysis of your expectations from the prospective business and inputs that are required. Every business structure comes with its pros and cons and one needs to consult the specialists for a smooth business registration process.

For every business, different compliances need to be accomplished. Like, a sole proprietor has to file only an income tax return while a company needs to file annual returns with the registrar of companies along with income tax return. An entrepreneur must be clear in his head about the legal compliances he is ready to deal with while the business registration process goes on. And, the process of company registration including private limited company registration can be way too tedious than expected. One should have a deep process knowledge for a company registration which is full of legal procedures. For a complete company registration process, you are going to need the signature of a CA or CS anyways. So, why to lose precious time surfing via websites and collecting the legit documents when the same work can be done efficiently and effectively by us with you focusing on the core business?

Factors to consider for Business Registration

 Distinct Legal entity

Willingness to bear the entire liabilities

When you do business registration as Private Limited Company registration or Limited Liability partnership registration or One Person Company registration, you are a different entity from your company which provides you legal liability protection. Getting your business registered will assist you by not being held personally liable for certain accidents and other liabilities i.e. you will not be personally responsible for the liabilities of the business which means you can take risks without the fear of losing everything. But in case you set-up business registration as sole proprietor or partnership firm then you personal wealth can be used to pay of the liabilities of your business.

Limited liability

Compliance Cost

Given business registration as Limited Liability Company registration or Private Limited Company registration or One Person Company registration has limited liability and this protection comes at some cost. Limited Liability partnership (LLP) and One Person Company (OPC) registration has lower compliance cost as compared to Private Limited company registration. compliance cost for sole proprietor or partnership firm is minimal but has unlimited liability. Private Ltd Companies are taxed at a rate of 22% with a surcharge of 10% and cess of 4% making the effective tax rate as 25.17% which is lower than LLP registration which is taxed at 30%.

Brand Image

Brand image

Private Limited Company registration or Limited Liability Company registration or One Person Company registration has better brand image as compared to sole proprietor or partnership firms Generally, large business firms prefer to deal with companies instead of sole proprietor firms. There might be a requirement of tender or job work, which can be applied only by the company.

Fund Raising

Easy Fund Raising

All financial institutions prefer to lend money to any company or LLP registration instead of proprietary firms. The features of transparency and perpetual succession of the company/LLP give it benefits over any other business form. The Private Limited Company registration or Limited Liability Company registration or One Person Company registration has better governance, which provides more comfort to all the financial institutions.

Different types of Business Registration

One-person company registration

Private limited company registration

Public limited company registration

Limited liability partnership - LLP

Partnership firm

Sole proprietorship

Cooperative society

Nidhi (finance) company

Section 8 company

Process for Business Registration

Step 1: Touch base with Patron Expert

Name of one person company registration is a crucial step for new company registration. Two proposed names in order of preference, objective/purpose of business activity along with statutory fees are submitted to MCA. The proposed name should be unique and shouldn’t have punctuation marks. In case MCA has any observation then the form comes for resubmission, and in case of more than one resubmission, statutory fees is to be paid again. Once the name is approved, it is valid for 20 days (including weekends or other holidays), and all other formalities must be completed within this period.

Step 2: Understanding your objectives

Digital Signature is an online signature used for filing documents online. Digital Signature Certificate (DSC) is required for all shareholder and director for One Person company registration. It can be applied in parallel with applying for name approval as there is no DSC requirement in the name application. If the director or shareholder of the One Person Company registration already has DSC, this step can be skipped.

Step 3: Brainstoming by experts

After getting DSC and name approval, the next step is to file forms- Spice + Part, Agile Pro, Spice MOA, Spice AOA, and INC 22 forms with MCA. These forms consist of information regarding registered office, authorised, paid-up capital, shareholding pattern, directors, shareholders details such as an address, education qualification, etc. Some of this information is required to be supported required proof like rent/title deed of registered office, PAN card, indentity proof, resident proof etc.

Step 4: Communcating Recommendation to you

After submitting all the documents and getting verified by the Registrar of Companies (ROC), you will receive a Certificate of Incorporation within 7-12 days. This certificate of incorporation will act as a birth certificate for your company registration, and the company registration process ends here. The certificate of incorporation consist of company name, registered address, 21 digits alpha-numeric number Corporate Identity Number (CIN) approved by MCA and notified on the registered companies.

Step 5: Getting Business Incorporation

After getting the Incorporation certificate, a bank account needs to be opened in the name of your company. One needs to submit an incorporation certificate, MOA, AOA and other necessary documents required by the bank. Before the commencement of business, proposed paid-up capital must be deposited with the bank, and INC-20A needs to be filled with MCA to get the certificate of commencement.

Why Patron Accounting

Data Privacy

Data Privacy

Data is new fuel which make it most important asset for the business house. Strict policy within our organisation is to ensure no compromise on data confidentiality and data is not shared with the third party. Your information is safe with us.

Qualified Team

Highly Qualified Team

Our team consists of CA's, Lawyers, CS, IIM, graduate, Actuaries and other supporting staff to make sure you get best services. With 10+ years of experience, our experts uses flexible and customized solutions to provide hassle-free services to any industries.


Kaizen Philosophy

Patron Accounting has ISO 9001:2015 certifcation in place. We continuously improve our existing process and try to find new ways for doing the same tasks. We are committed to reduce the time taken to process any task and give unquie experience to our customers.

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Yes, the whole process of company incorporation is online. You don't need to visit anywhere physically. Contact us Now.

There is a requirement of at least 2 directors to incorporate a private limited company. But in OPC company structure, even 1 director is sufficient to incorporate a company.

Normally, it take 1-2 weeks time for company registration provided all documents are supplied on time.

Directors Identification Number (DIN) is issued to a person who will be appointed as a director in the company. It is mandatory to have DIN before any person can be appointed as a director.

A Digital Signature Certificate (DSC) is the digital equivalent of physical papers or certificates required to sign the form electronically. Yes, as both directors need to sign various documents to incorporate a company, thus all the directors must have DSCs.

The Authorized Capital is the maximum amount of capital that a company is authorized to issue to the shareholders. This authorized share capital will always or be equal to the paid-up share capital.

A portion of authorized capital that has been issued and paid by shareholders.

A non-profit organisation in India can be registered as a Trust or Society under the Registrar of Societies as a private limited non-profit company under Section 8 of the Companies Act, 2013. Section 8 company can only use its profits to promote its activities, and any profit earned cannot be distributed among its shareholders. Section 8 Companies are generally incorporated to promote commerce, art, science, research, sports, social welfare, education, charity, religion, protection of the environment, or any object.

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