Starting Business in India

Starting a Business in India
This table summarizes the procedures and costs associated with setting up a business in India.
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STANDARDIZED COMPANY
Legal Form: Private Limited Company
City: Mumbai

Registration Requirements:
|No:   |Procedure                                                           |Time to complete:               |Cost to complete:                                       |
|1     |Obtain director identification number (DIN)                         |1 day                           |no charge                                               |
|2     |Obtain digital signature certificate                               |4 days                         |INR 400 to INR 2,650                                   |
|3     |Present name of company for approval to the Registrar of Companies |2-3 days                       |INR 50                                                 |
|     |(ROC); Get the memorandum and articles of association vetted by the|                               |                                                       |
|     |Registrar and printed                                               |                               |                                                       |
|4     |Make an application to the Superintendent of Stamps or an           |1 day                           |INR 200 (for MOA) + INR 1000 (for AOA) for every INR   |
|     |authorized bank requesting for stamping of the memorandum and       |                               |500,000 or part thereof + INR 100 (stamp paper for     |
|     |articles of association.                                           |                               |declaration Form 1)                                     |
|5     |Present the required documents along with the registration fee to   |5-10 days                       |see comments                                           |
|     |the Registrar of Companies to get the certificate of... [continues]

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