+91 7305 345 345Company Registration in Mumbai
Mumbai is called the “Financial Capital of India.” It is not only the centre of India’s economy, but it is also a place full of business opportunities and other benefits. From the big companies to the small shops, everyone can grow here in a fruitful manner. With the help of good infrastructure, banks, investors and the skilled people, Mumbai gives your business the right environment to grow and succeed. If you want to start a business or expand your current one, then the first step is company registration. Registering your company in Mumbai gives you legal recognition, trust, and better chances of growth.
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Company Registration in Mumbai
Company registration in Mumbai means making your business legal under the Companies Act, 2013, with the Ministry of Corporate Affairs (MCA).
After getting registered, your business becomes a separate legal identity. This means that your company can open a bank account, buy property, pay taxes and continue to exist even if the ownership changes or alters.
Since Mumbai is home to the Bombay Stock Exchange (BSE), Reserve Bank of India (RBI), and many corporate offices, it is the best place to start or grow a company.
Why Register a Company in Mumbai?
- Legal identity: Your company gets recognition from the government.
- Trust: Customers, partners, and investors take you seriously.
- Tax benefits: Some deductions and government schemes are available.
- Easier loans and funding: Banks and investors prefer registered companies.
- Growth opportunities: Mumbai offers better business connections and partnerships.
- Limited liability: Your personal money and property are safe if the company has losses.
Types of Companies You Can Register in Mumbai
You can choose the type of company depending on your needs:
- Private Limited Company: Good for startups and small to medium businesses. Gives limited liability and investor trust.
- Public Limited Company: Best for large businesses that want to raise money from the public.
- One Person Company (OPC): For solo entrepreneurs. One owner and one nominee are enough.
- Limited Liability Partnership (LLP): A mix of partnership and company. Gives flexibility with limited liability.
- Partnership Firm: Easy to start with 2 or more partners. Can be registered or unregistered. Partners have unlimited liability.
- Sole Proprietorship: One person owns and manages everything. Very simple, but no separate legal identity.
- Section 8 Company: For charitable or non-profit activities.
Eligibility for Company Registration in Mumbai
- Private Limited Company: At least 2 directors and 2 shareholders.
- Resident Director: At least 1 director must live in India for 182+ days in a year.
- Registered Office: You must have a physical office address in Mumbai.
- One Person Company (OPC): Only 1 owner and 1 nominee needed.
- Capital Requirement: No minimum capital required (₹1 lakh is common).
Documents Needed for Private Limited Company Registration in Mumbai
- Identity Proof: PAN (for Indians), Passport (for foreigners).
- Address Proof: Aadhaar, Voter ID, Driving License, or Passport.
- Photos: Passport-size photos of directors and shareholders.
- Office Proof: The Utility bill (not older than 2 months), rent agreement or the ownership proof.
- NOC from Landlord: If using a rented office.
- MOA & AOA: Signed by all subscribers.
Step-by-Step Process of Private Limited Company Registration in Mumbai
The process is online and handled by the MCA.
- Get Digital Signature Certificate (DSC): Needed for signing online forms.
- Apply for a Director Identification Number (DIN): Every director must have one.
- Reserve Company Name: Apply online through the MCA portal.
- Prepare MOA & AOA: These documents explain your company’s goals and rules.
- Submit Forms: File the SPICe+ form with MCA along with documents.
- Pay Fees and Stamp Duty: It is totally based on your company’s overall capital.
- Verification by Registrar of Companies (ROC): Authorities check and verify the required records and documents.
- Certificate of Incorporation (COI): Once it gets approved, your company will officially exist.
- Get PAN, TAN and GST: Required for tax purposes.
Timeline for Company Registration in Mumbai
- DSC & DIN: 1–2 days.
- Name Approval: 2–3 days.
- Document Filing & Verification: 3–5 days.
- Certificate of Incorporation: 7–10 days.
In total, registration takes around 10–15 working days, if all documents are correct.
Benefits of Registering a Company in Mumbai
- Prime Location: Mumbai connects you to banks, investors and the major markets.
- Skilled People: Easy to find qualified employees.
- Funding Options: Angel investors, venture capitalists, and banks are available.
- Trust: Customers believe in registered companies more.
- Limited Liability: Your personal money stays safe.
- Continuity: The company runs even if the ownership alters or changes.
- Government Schemes: Eligible for the subsidies, MSME benefits and the startup incentives.
Compliances After Registration
Once your company is registered, you need to follow certain rules:
- Appoint Auditor: Within 30 days.
- Open Bank Account: In the company’s name.
- Issue Share Certificates: Within 60 days.
- File Annual Returns: With ROC every year.
- Pay Taxes: File income tax returns.
- GST Registration: If turnover crosses the limit.
- Board Meetings: Hold meetings and keep proper records.
Why Choose Us?
- Expert Team: Professional help for smooth registration.
- Complete Service: We deal with everything from the beginning to the finish.
- Affordable Fees: We provide affordable and transparent pricing with no hidden charges.
- Fast Process: Quick turnaround with accurate paperwork.
- After Support: Our team help with the compliance, tax filing and legal advice.
Frequently Asked Questions
How much does it cost to register a company in Mumbai?
The cost depends on the element like company type, structure, capital and the professional fees. For a private limited company, it usually costs between ₹8,000–₹20,000.Can I register a company without an office?
No. A registered office address is compulsory. But you can use a rented property or co-working space with the landlord’s NOC.Is there a minimum capital needed to start a private limited company?
No. You can start with any amount of capital. Earlier ₹1 lakh was needed, but now there is no minimum.How many directors are required?
At least 2 directors for a private limited company and three directors for a public limited company.Can a foreigner or NRI register a company in Mumbai?
Yes. But at least one director must be a resident of India.What makes Us Different
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