The definition of ‘Company’ signifies any enterprise which is formed under the Companies Act, 2013. The procedure of company registration relies upon the type of company, which you want.
Types of Company Registration in India as per Companies Act 2013:
Private Limited Company:
A private limited company is a corporation that is privately held for small businesses. The legal obligation of the members of a Private Limited Company is limited towards the number of shares respectively held by them.
Documents Required For Company Registration:
Copy of PAN Card of directors.
Electricity/Water bill (Business Place).
Passport size photo of directors.
Copy of Aadhaar Card/Voter Id card of directors.
Copy of Rent agreement (for the rented property).
Copy of Property papers (for the owned property).
Landlord NOC.
Partnership
A Partnership Company is quite similar to a sole proprietorship. The main difference between partnership and sole proprietorship is that more than one individual is involved in a partnership. There is a legal partnership agreement where the roles, duties, and shares of each partner are explicitly defined.
Documents required for the registration:
Statement in Form 1 with the stated fees.
Notarized True Copy of the Partnership Deed.
Proof of ownership or rent/lease of the location of the business.
Copy of PAN Card of partners.
Copy of Aadhaar Card/Voter identity card.
Limited Liability Partnership:
The Limited Liability Partnership is a separate legal entity from the partnership entity, in which the business assets are separate from the personal assets of the partners.
Documents required for the registration:
PAN Card or ID Proof of partners.
Address proof of partners, like Voter’s ID, Passport, or any government-issued identification card that comprises the address is essential for all Foreign nationals who want to register as a partner in LLP.
Passport is needed for Foreign Nationals and NRI’s.
One Person Company:
One-person company has been introduced in the Companies Act, 2013. The major intent was to support businesspersons capable of starting a venture, by them. This is also done by allowing them to create a single-person economic entity.
Documents required for the registration:
Scanned copy of PAN Card or passport (Foreign Nationals and NRIs)
Scanned copy of Aadhar Card/Voter’s ID/Passport/Driver’s License.
Scanned copy of current Bank Statement or Telephone or Mobile Bill or Electricity or Gas Bill.
Specimen autograph or impression.
Sole Proprietorship:
In this form of business, a single individual handles the entire business operation. The individual is the only person who shall enjoy profit and bear the loss. There is no particular law that directs the sole proprietorship.
Documents required for the registration:
Utility Bill of the business place.
KYC documents of the Bank.
The license issued through the Shops and Establishment Act.
Income Tax Returns of the Proprietor.