Member-only story
What is the cheapest way to register a Company in india? How much is the Costs? How long does it take?
3 min readOct 24, 2024
Registering a company in India can be done at varying costs, depending on the type of company. Here are some options:
- One Person Company (OPC): ₹7,000 — ₹10,000 ¹
- Ideal for sole owners looking to limit their liability
- Tax holiday for first 3 years under Startup India, higher benefits on depreciation, and no tax on dividend distribution
- Limited Liability Partnership (LLP): ₹7,000 — ₹15,000 ¹
- Suitable for service-oriented businesses or those with low investment needs
- Tax holiday for first 3 years under Startup India and benefit on depreciation
- Private Limited Company: ₹6,000 — ₹30,000 ¹
- Suitable for businesses with high turnover
- Tax holiday for first 3 years under Startup India and higher benefits on depreciation
To register a company in India, you’ll need to follow these steps:
- Obtain a Digital Signature Certificate (DSC) ¹
- Get a Director Identification Number (DIN) ¹
- Register on the MCA portal and fill out the SPICe+ form ¹
- Obtain a Certificate…