Companies Act, 2013

Income Tax Act, 1961

Goods and Services Tax (GST) Laws

Foreign Exchange Management Act (FEMA)

SEBI Regulations

Information Technology Act, 2000

Ministry of Corporate Affairs (MCA)

Registrar of Companies (ROC)

Income Tax Department

Reserve Bank of India (RBI) for FDI cases

Distinct legal entity

Limited liability for shareholders

Perpetual succession

Enhanced credibility for investors and banks

Legal protection and recognition

Personal asset protection

Access to loans and venture funding

Easier asset transactions and transfer of ownership

Eligibility for government incentives

Continuity despite changes in ownership

Higher regulatory compliance and legal formalities

Operational costs are higher than proprietorships or partnerships

Public disclosure of financial data

Easier asset transactions and transfer of ownership

Share transfer restrictions as per Articles of Association

Complex and time-consuming winding-up process

For Directors/Shareholders:

• PAN, Aadhaar

•Address proof, photo

• Email, mobile number linked with Aadhaar

For Foreign Directors:

• Passport, visa, overseas address proof, notarized documents

Registered Office Proof:

• Utility bill, rent agreement, NOC from

Company Documents:

• MOA, AOA, proposed name options

• Shareholding pattern, business objectives

1. Obtain DSC (Digital Signature Certificate)

2. Acquire DIN (Director Identification Number)

3. Apply for name approval via MCA’s RUN service

4. Draft MOA and AOA

5. File SPICe+ Form with MCA

6. Receive Certificate of Incorporation (with CIN, PAN & TAN)

Annual Returns (MGT-7) & Financial Statements (AOC-4)

Minimum 4 board meetings annually

Maintain statutory registers

Tax filings: ITR, TDS, GST

CSR obligations for eligible companies