SETTING UP A COMPANY

Getting the Company Name approved

You then send your company’s name to be approved by the ROC in the state/Union Territory in which you will maintain its registered office. The approval is subject to certain conditions no existing company should have the same name, and the name must incorporate the words Private Ltd at the end, if a private company, and Limited if public.

Pay a registration fee

Next you pay a registration fee, scaled according to the company’s share capital, which is stated in its Memorandum. Once you obtain all the documents described in Step 1 and the registration fee, the ROC grants the certificate of incorporation to you (the applicant).