Fast Company Registration in India — 5 Days (2026 Guide)

Last updated: 2026-08-28 · By Harsha Chadalavada

Types of Companies in India

The Companies Act, 2013 allows several structures. The two Bentham incorporates are: Private Limited Company (most popular for startups — limited liability, 2-200 shareholders, restricted share transfer, can issue shares and ESOPs) and Limited Liability Partnership, or LLP (partners and capital contribution rather than shares — cheaper to run, but cannot take on outside equity investment). Most startups planning to raise funding choose Private Limited; most services firms and small businesses with no funding plans choose LLP.

Private Limited vs LLP — Which to Choose

Choose Private Limited if you intend to raise outside capital or issue ESOPs — it has shares, so it can take on an investor and run an employee option pool. Choose LLP if the business is owned and run by the same small group of people with no plan to bring in outside equity — it is cheaper to run, since a Private Limited Company needs a statutory audit from its first year regardless of turnover, whereas an LLP only needs one once it crosses either of two thresholds under Rule 24 of the Limited Liability Partnership Rules, 2009 — annual turnover exceeding ₹40 lakh, or total partner capital contribution exceeding ₹25 lakh. Both structures give limited liability — 2 directors for a Private Limited Company, 2 designated partners for an LLP. An LLP can be converted to a Private Limited Company later, but it costs time and money, so decide against where you expect to be in two or three years.

Requirements for Private Limited Company

A minimum of 2 directors and 2 shareholders, a registered office address in India, and a unique company name approved by the MCA. There is no minimum authorised capital requirement — the Companies (Amendment) Act, 2015 removed it. Bentham recommends setting authorised capital at ₹10 lakh regardless: the government fee is the same whether you set it at ₹1 lakh or ₹10 lakh, and ₹10 lakh gives you enough headroom to raise a seed round — or even a Series A — without needing to increase it later. Directors need a DIN (Director Identification Number) and a DSC (Digital Signature Certificate); if a director does not already have a DIN, one is generated as part of the incorporation itself.

Step 1: Digital Signature Certificate (DSC)

Every director needs a Class 3 DSC to sign electronic documents with the MCA. Bentham arranges DSC generation for all directors as part of the incorporation process — our Company Secretary reaches out to you directly to complete this step, which requires PAN, Aadhaar, email and phone.

Step 2: Name Availability Check

Bentham's AI checks your proposed name against the MCA database and gives you a probability estimate on acceptance before you file, so you know where you stand before committing to a name.

Step 3: File SPICe+ (INC-32)

SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) is the integrated form that handles company registration, DIN allotment, and PAN & TAN application, along with related registrations — all in one form. It has two parts: Part A (name reservation) and Part B (incorporation details).

Step 4: Prepare MOA and AOA

The Memorandum of Association (MOA) defines the company's objects, authorised capital, and subscriber details. The Articles of Association (AOA) sets internal rules — share transfer, board meetings, dividends, and similar matters. Bentham drafts both based on your inputs, and our Company Secretary reviews all documentation before submission.

Step 5: E-Signatures and OTPs

E-signatures are collected on the Bentham platform through a secure signing flow. Once legal review is complete, OTPs are collected on the platform itself as part of the same flow — no separate portal visits.

Step 6: Filed with the MCA

Once filed, the MCA issues your Certificate of Incorporation with your CIN (Corporate Identity Number), along with PAN and TAN. With Bentham, you receive your Incorporation Certificate within 5 working days of us receiving your documents.

Documents Required

For directors: PAN, Aadhaar, a passport-size photograph and address proof — plus, if a director doesn't have an active DIN, a bank statement not older than two months for that director. For the registered office: a No Objection Certificate from the property owner and an electricity bill not older than two months. You can register at your home address if you own the property, or if your landlord provides the NOC.

Company Registration Cost in India (2026)

Government fees include stamp duty, which varies by state, in addition to filing fees. Bentham's all-inclusive package covers name approval filing, DSC arrangement for all directors (coordinated by our Company Secretary), SPICe+ filing, MOA & AOA drafting, PAN & TAN application, and professional review — government fees are additional and disclosed upfront, with no hidden charges.

Post-Incorporation Compliance

Within 30 days of incorporation, you must appoint an auditor (Form ADT-1). Within 180 days, you must file INC-20A (declaration of commencement of business), confirming every subscriber has paid their subscription amount — the company cannot start business operations until this is filed. Ongoing annual compliance (MGT-7, AOC-4, director KYC, and others) is required every year regardless of revenue.

Why Bentham is the Fastest Incorporation Service in India

Traditional CAs typically take 2-4 weeks and require multiple office visits. Bentham completes registration in about 5 days, fully online — no office visits needed. AI handles instant document preparation and name-conflict checking; a Company Secretary reviews everything before MCA submission. If you need fast company registration in India or quick online incorporation, Bentham is the fastest option available.

Frequently Asked Questions

How long does it take to register a company in India?+

With Bentham, a Private Limited Company is incorporated within 5 working days of us receiving your documents. The statutory process is name approval, then SPICe+ (INC-32) filing, then MCA processing — traditional CAs typically take 2-4 weeks for the same steps.

What is the minimum number of directors and shareholders for a Private Limited Company?+

A Private Limited Company in India requires a minimum of 2 directors and 2 shareholders (the same two people can be both). An LLP instead requires a minimum of 2 designated partners. At least one director must be resident in India.

Is there a minimum capital requirement to register a company in India?+

No. The Companies (Amendment) Act, 2015 removed the minimum authorised capital requirement, so there is no legal minimum. Bentham recommends setting authorised capital at ₹10 lakh regardless — the government fee is identical whether you set ₹1 lakh or ₹10 lakh, and ₹10 lakh gives headroom to raise a seed round or Series A without having to increase it later.

Can I register a company at my home address in India?+

Yes. You can use your home as the registered office if you own the property, or if your landlord provides a No Objection Certificate (NOC). For the registered office you will need a No Objection Certificate from the property owner and an electricity bill not older than two months.

What documents do I need to incorporate a company?+

From each director: PAN, Aadhaar, a passport-size photograph and address proof — and, if a director does not already have an active DIN, a bank statement not older than two months for that director. For the registered office: a No Objection Certificate from the property owner and an electricity bill not older than two months.

What happens if the MCA rejects my proposed company name?+

The MCA rejects names that are identical or deceptively similar to an existing company or a registered trademark, or that breach naming rules. If a name is rejected you can resubmit — the SPICe+ Part A name reservation gives you resubmission opportunities. Bentham's AI checks your proposed name against the MCA database and gives you an acceptance-probability estimate before you file, so you know where you stand before committing to a name.

What compliance is required after incorporating a company?+

Within 30 days of incorporation you must appoint an auditor (Form ADT-1). Within 180 days you must file INC-20A (declaration of commencement of business) before the company can start operations. After that, annual compliance — MGT-7, AOC-4, director KYC and others — is due every year regardless of revenue. Bentham handles all of this.

Should I register a Private Limited Company or an LLP?+

Choose a Private Limited Company if you intend to raise outside capital or issue ESOPs — it has shares, so it can take on investors and run an employee option pool, which is why institutional investors fund companies and not LLPs. Choose an LLP if the business is run by the same small group with no plan to bring in outside equity — it is cheaper to run, since an LLP only needs a statutory audit once it crosses either of two thresholds under Rule 24 of the Limited Liability Partnership Rules, 2009 — annual turnover exceeding ₹40 lakh, or total partner capital contribution exceeding ₹25 lakh, whereas a Private Limited Company needs one from its first year regardless of turnover.

Do I need to visit an office to register my company?+

No. The entire incorporation is fully online with Bentham — no office visits. Document preparation, e-signatures, DSC generation coordination and OTP collection all happen on the platform. Our Company Secretary reaches out directly for the DSC step and reviews all documentation before it is filed with the MCA.

About the author

Harsha Chadalavada

Advocate, Telangana High Court · Founder & CEO, Bentham

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