Fast Company Incorporation in India — 5 Days (2026 Guide)
Last updated: 2026-08-26 · By Bentham Legal Team
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 and both need a minimum of two people. 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 incorporation, 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 and Aadhaar, address proof, a photograph, and — if you don't have an active DIN — a bank statement not older than two months. 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 Incorporation 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.
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