Startup Registration Process in India: A Step-by-Step Guide

Dec 24, 2024
Private Limited Company vs. Limited Liability Partnerships

Starting a new business venture is always an exciting journey, but it can also come with its own set of challenges. In India, the government has been increasingly supportive of entrepreneurs, introducing several initiatives and programs designed to streamline the process of starting a business and offer resources for growth.

One of the most prominent initiatives for entrepreneurs in India is Startup India, a flagship program launched by the Government of India to foster innovation, promote entrepreneurship and simplify the regulatory environment for startups. The program offers many benefits, such as tax exemptions, funding opportunities and recognition, which can be vital to your business's success in the early stages.

In this blog, we’ll walk you through the steps involved in registering a startup with Startup India, along with the key features of the Fund of Funds program that can help boost your venture.

Table of Contents

What is a Startup?

Let us first define a startup. A startup is a company or organisation in its early stages, typically characterised by high uncertainty and risk. Such companies are formed when the founders find some negative aspects in the existing system they have been working in and intend to solve the issues by creating a new company.

Startup India Scheme is an initiative by the Indian government, headed by Prime Minister Narendra Modi, to promote the growth of startups in India. It was announced on 16th January 2016 in New Delhi.

Steps to Register Your Startup With Startup India

Registering a startup in India through Startup India is a multi-step process. The steps are straightforward but require you to meet specific eligibility criteria and follow the proper procedure to ensure your business gets the recognition and benefits it deserves.

Here’s a step-by-step guide to the startup registration process:

Step 1: Incorporate Your Business

Before registering your startup with Startup India, you must legally incorporate your business. You can choose from several options, such as:

  • Private Limited Company: Private Limited Company is a popular option for small and medium-sized businesses.
  • Limited Liability Partnership (LLP): Registering your company as LLP provides the flexibility of a partnership with the benefits of limited liability.
  • One Person Company (OPC): OPC are Ideal for individual entrepreneurs who want the benefits of a private limited company but with a single founder.

Once you choose the business structure that suits your needs, you’ll need to obtain the required legal documents, such as your company's Certificate of Incorporation and PAN Card.

{{company-reg-cta}}

Step 2: Register with Startup India

After incorporating your business, you can proceed to register with Startup India. This registration is crucial to avail of the various benefits provided by the government. To register, you must visit the official Startup India website and fill out the application form. You will need to provide details about your business, such as its name, industry and nature of operations.

The registration process is online. Once you submit the application, you will receive an acknowledgement email confirming your registration.

Step 3: Get DPIIT Recognition

To avail of additional benefits like tax exemptions and access to funding, your startup must get DPIIT (Department for Promotion of Industry and Internal Trade) Recognition. The recognition process is simple and can be done through the Startup India portal.

You will need to provide basic details about your business, including the nature of innovation and whether it is scalable and sustainable.

Step 4: Recognition Application

After you have gathered all the necessary details, you can apply for DPIIT recognition. The application form asks for information such as:

  • The type of business (technology-driven or innovative)
  • A brief about the product or service
  • Market potential and scalability

Once your application is processed, the DPIIT will provide you with a Recognition Certificate.

Step 5: Documents for DPIIT Recognition

To ensure a smooth startup registration process, keep the following documents handy:

  • Incorporation Certificate of the company or LLP
  • PAN Card of the business
  • GST Registration (if applicable)
  • Trademark Registration (if applicable)
  • A brief description of the product or service offered by your startup
  • Director’s details, including their names, contact information and any other business-related information

Step 6: Recognition Number

Once your application is processed and approved, you will be given a Recognition Number. This number is essential as it signifies your official recognition as a startup by the Government of India.

This number can be used when applying for various benefits, including tax exemptions and funding from the Fund of Funds

Step 7: Other Areas

In addition to registering your startup with Startup India, you may also need to:

  • Apply for a PAN and TAN for tax-related matters.
  • Register for GST if your business turnover exceeds the prescribed limit.
  • Apply for MSME registration, which is essential for availing government schemes and credit support.

Covering all these areas will ensure that your startup complies with the necessary legal requirements and has access to a range of benefits.

The Startup Eligibility Criteria

What makes you a startup under the Startup India program?

  1. The firm has to be a Private Limited Company or a Limited Liability Partnership.
  2. The company remains a startup for the first ten years after registration. In recent years, the Indian government changed that to 10 years from 7 years to give companies longer-term opportunities and tax exemptions.
  3. The company remains a startup if its turnover per year does not cross the Rs 100 crore mark in any of the 10 years. Once the company crosses the mark, it no longer remains eligible to be called a startup. The Indian government has also improved the mark of Rs 100 crore in recent times from Rs 25 crore.
  4. The firm should have the Department of Industrial Policy and Promotion (DIPP) approval.
  5. The firm should be funded by an Incubation Fund, an Angel Fund or a Private Equity Fund.
  6. A patron guarantee from the Indian Patent and Trademark Office is necessary.
  7. You must have a recommendation letter from an incubation.
  8. The firm must come up with innovative ideas and schemes.
  9. All the details regarding the funding must be registered with SEBI (Securities and Exchange Board of India).

{{company-reg-cta}}

Key Features of the Fund of Funds

The Fund of Funds for Startups is an initiative under the Startup India scheme designed to provide financial assistance to startups. Managed by SIDBI (Small Industries Development Bank of India), this fund aims to support innovative startups by providing them with access to venture capital and funding from various sources.

Here are some key features of the Fund of Funds:

  • The Fund of Funds is managed by the Small Industries Development Bank of India (SIDBI), with Life Insurance Corporation (LIC) acting as a co-investor.
  • The Fund of Funds contributes up to 50% of the capital to SEBI-registered Venture Funds (referred to as "daughter funds"). To qualify for this contribution, the daughter fund must have already secured the remaining 50% of its funding.
  • The fund supports startups by providing financial assistance to eligible venture funds that, in turn, invest in startups.
  • The Fund of Funds specifically targets startups that are involved in innovation, technology development and scalable businesses.
  • The Fund of Funds doesn’t directly provide money to startups. Instead, it works through registered venture capital funds.
  • The fund supports startups from various sectors, including manufacturing, IT, healthcare, agriculture and more.

Frequently Asked Questions

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

Who can register with Startup India?

Any business that meets the definition of a startup under the Startup India initiative can register with the program. To qualify, your business must:

  • Be a Private Limited Company, Limited Liability Partnership (LLP) or a One Person Company (OPC).
  • Have been incorporated within the last 10 years.
  • Have an annual turnover of less than ₹100 crores.
  • Be working towards the development or improvement of a product, process or service that is innovative, scalable and has the potential for high growth.

What are the benefits of signing up with Startup India?

Registering with Startup India offers a wide range of benefits, including:

  • Tax Exemptions: Up to 3 years of tax holidays in the first 7 years, allowing you to reinvest profits back into the business.
  • Easy Access to Funding: Through the Fund of Funds for Startups, there is easier access to venture capital and angel investors.
  • Self-Certification: Reduced compliance requirements, including easier labour law and environmental law registrations.
  • Faster Patent Process: Reduced fees for patent and trademark filing and expedited processes for startups.
  • Incubation and Mentorship: Access to various incubators, accelerators and mentorship programs.
  • Government Schemes: Eligibility for government schemes, grants and tax rebates designed for startups.

What kind of business structure should I choose for my startup?

The choice of business structure depends on your business goals and funding needs. The most common structures for startups in India are:

  • Private Limited Company
  • Limited Liability Partnership (LLP)
  • One Person Company (OPC)

What can I do to attract investors to a startup?

Attracting investors to your startup involves showcasing a strong business case, including:

  • Solid Business Model: Ensure your business model is clear, scalable and profitable.
  • Strong Market Opportunity: Provide evidence of a growing market for your product or service.
  • Traction: Demonstrate early traction in terms of users, revenue or partnerships.
  • Innovative Product/Service: Highlight what makes your product or service unique and innovative.
  • Clear Vision and Team: Show that your team has the skills, commitment and experience to execute the plan.
  • Financials: Have solid financial projections and a clear plan for managing funding.

What is the cost of startup registration?

The cost of Startup India registration itself is free, as the entire process is handled online. However, there may be associated costs depending on the type of business you are registering, such as:

  • Incorporation fees: Varies based on your business structure (Private Limited Company, LLP, etc.).
  • Professional Fees: If you hire a consultant or legal expert to handle the registration process, they may charge for their services.

The DPIIT recognition (which qualifies you for the Startup India benefits) is also free, but some businesses may need to pay for additional services like trademark registration or GST registration.

Which registration is best for a startup?

The best registration for your startup depends on your goals:

  • Private Limited Company (PLC) is the most common choice for startups, especially if you plan to raise funding and scale quickly.
  • Limited Liability Partnership (LLP) is suitable if you are starting with a small team and need flexibility in management but still want to limit your liability.
  • One Person Company (OPC) is ideal for solo entrepreneurs who want the benefits of limited liability without the complexities of a private company.

What is the age limit for a startup?

To register as a startup under Startup India, your business should be less than 10 years old. However, there is no age limit for the founders themselves. So, whether you're in your 20s or 50s, you can still launch a startup as long as it meets the eligibility criteria.

Nipun Jain

Nipun Jain is a seasoned startup leader with 13+ years of experience across zero-to-one journeys, leading enterprise sales, partnerships, and strategy at high-growth startups. He currently heads Razorpay Rize, where he's building India's most loved startup enablement program and launched Rize Incorporation to simplify company registration for founders.

Previously, he founded Natty Niños and scaled it before exiting in 2021, then led enterprise growth at Pickrr Technologies, contributing to its $200M acquisition by Shiprocket. A builder at heart, Nipun loves numbers, stories and simplifying complex processes.

Read More

Related Posts

One-Person Company (OPC) Registration Process: Step-by-Step Guide

One-Person Company (OPC) Registration Process: Step-by-Step Guide

In the dynamic world of entrepreneurship, One-Person Companies (OPCs) have emerged as a game-changing business structure for solo entrepreneurs. These entities offer limited liability protection and the simplicity of a sole proprietorship. It empowers individuals to have a business without the complexity of managing multiple partners.

Table of Contents

Overview of One-Person Company Registration

A One-Person Company (OPC) is a business entity that allows a single individual to establish a company with limited liability. Unlike traditional business structures, OPCs provide entrepreneurs with a legal framework that protects personal assets while offering the flexibility of single ownership. This model bridges the gap between sole proprietorship and traditional multi-member companies.

Eligibility Criteria for the Incorporation of One-Person Company

To register an OPC in India an individual must be an Indian resident and can be both the director and shareholder. The company requires a minimum authorised share capital of ₹1 lakh, and the proposed company name must be unique. Also, the individual can be a member of only one OPC and they should not have any criminal record.

One-Person Company Registration Steps

OPC registration process has following steps:

Step 1: Initial Preparation

Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) using the MCA portal. Select a unique company name that complies with Companies (Incorporation Rules) 2014.

Step 2: Nominee Appointment

Identify and secure consent from a nominee who can become a director in case of the original promoter's incapacitation. Ensure the nominee meets legal and professional eligibility criteria.

Step 3: OPC Documentation

Compile essential documents including proof of registered office, director identification, address proof, and business plan. Maintain the mandatory minimum authorized capital of ₹1 lakh.

Step 4: Online Registration

Complete registration through the MCA portal by uploading the required documents, verifying DIN, and submitting all necessary forms.

Step 5: Certificate and Compliance

Receive the Certificate of Incorporation within 3-5 days after verification. Subsequently, maintain ongoing regulatory compliance like annual filings and adherence to OPC-specific requirements.

{{opc-cta}}

Documents Required for One-Person Company Registration

  • Identity proof (PAN card, Aadhaar card)
  • Residence proof (utility bills, bank statements)
  • Proof of registered office (rent agreement or ownership documents)
  • Nominee consent documents
  • Digital Signature Certificate

Timelines for OPC registration

You can obtain their Digital Signature Certificate (DSC) and Director Identification Number (DIN) within one day. The Certificate of Incorporation typically takes between 3 to 5 days to process. From start to finish, the entire incorporation process can be completed in approximately 10 days.

Post-Incorporation Formalities for OPC

After registering an OPC company, you must complete several key steps as highlighted below:

  • Open a dedicated company bank account and deposit share capital within 60 days.
  • Issue share certificates to shareholders within two months as proof of ownership.
  • Register for GST if goods or service supply exceeds thresholds.
  • Maintain statutory registers to document company activities.
  • Prepare for annual tax return filing and ensure ongoing regulatory compliance.

Features of One-Person Company (OPC)

  1. Single Ownership: Allows a single individual to form a company, providing complete control and ownership under Section 3(1)(c) of the Companies Act.
  2. Innovative Nominee System: Requires a nominee who can take over company ownership in case of the original member's death or incapacitation, ensuring business continuity.
  3. Flexible Management: Permits 1-15 directors, with minimal administrative complexity and no minimum paid-up capital requirement.
  4. Limited Liability Protection: Separates personal assets from business risks, offering entrepreneurs crucial financial security.
  5. Simplified Compliance: Provides a streamlined approach to business registration and management, making corporate structure accessible to individual entrepreneurs.

Advantages of One-Person Company Registration

  • One of the biggest advantages of an OPC company is that the OPC structure provides a separate legal entity status that helps protect the individual's personal assets from business liabilities.
  • This model enables easier fundraising opportunities, as banks and financial institutions typically prefer lending to registered companies over sole proprietorships.
  • OPCs also provide a clear path for business continuity through the mandatory nominee appointment, ensuring the potential for perpetual succession.
  • The simplified management structure allows for quick decision-making.

Disadvantages of OPC

While One-Person Companies present numerous benefits, they also come with certain limitations that you should carefully consider:

  • The OPC structure is primarily suitable for small business operations, with strict restrictions on expanding ownership or raising additional capital.
  • There are notable limitations on business activities, particularly prohibiting non-banking financial investment activities.
  • The close alignment between ownership and management can create potential challenges, as the sole member may have unchecked control over business decisions.
  • As the business grows, the OPC model may become restrictive, potentially requiring a transition to a more complex business structure.

Frequently Asked Questions

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

How to do OPC registration?

Obtain a Director Identification Number (DIN) and Digital Signature Certificate (DSC). Choose a unique OPC name and get MCA approval. File incorporation documents with the Registrar of Companies (RoC), including MOA, AOA, and proof of address, identity, and ownership. Receive the Certificate of Incorporation upon approval.

What is the minimum capital for a one-person company?

A one-person company (OPC) can be established with an authorised capital of at least ₹1 lakh, but there is no requirement for a minimum paid-up capital.

What is the cost of one person company registration in India?

OPC registration fees start at INR 900 and depend on authorized capital, ranging from nil to ₹2,06,000+.

Is audit compulsory for OPC?

Yes, an audit is compulsory for an OPC.

What documents are required for OPC?

  • Proof of Identity of the sole director (e.g., Aadhaar, PAN)
  • Proof of Address (e.g., utility bill, bank statement)
  • Passport-sized Photograph of the director
  • No Objection Certificate (NOC) from the owner of the registered office
  • DIN and DSC of the director
  • Memorandum of Association (MOA) and Articles of Association (AOA)

What is a necessary step in setting up an OPC?

The most necessary step in setting up an OPC is to choose a suitable name for the company and ensure it complies with the Ministry of Corporate Affairs (MCA) naming guidelines.

Appointment of Company Secretary: Roles and Responsibilities Explained

Appointment of Company Secretary: Roles and Responsibilities Explained

When building a company, compliance is not just a checkbox- it’s the backbone that ensures smooth functioning, legal validity, and market trust. Among the key professionals steering compliance, the Company Secretary (CS) plays one of the most critical roles.

This blog discusses the appointment of a Company Secretary in India, their roles, responsibilities, eligibility criteria, and the complete procedure for appointment and removal, as guided by the Companies Act, 2013.

Table of Contents

Who is a Company Secretary?

A Company Secretary (CS) is a key managerial professional responsible for ensuring that a company complies with legal, regulatory, and governance requirements. In India, a Company Secretary serves as the compliance officer, legal advisor, and corporate governance guide.

The core duties include:

  • Overseeing compliance under the Companies Act, 2013
  • Drafting, filing, and maintaining legal documentation
  • Facilitating communication between the board of directors and shareholders
  • Distributing dividends and handling investor relations
  • Maintaining statutory records and registers
  • Organising and recording minutes of board and shareholder meetings
  • Drafting policies and internal documents for the company
  • Ensuring compliance with stock exchanges (for listed companies)
  • Managing corporate actions like mergers, acquisitions, and restructuring

Eligibility Criteria of a Company Secretary

To qualify as a Company Secretary in India:

  • One must pass the ICSI (Institute of Company Secretaries of India) exam and hold an active membership with ICSI.
  • Listed companies are required to appoint a full-time Company Secretary.
  • Public and private companies with paid-up share capital of ₹10 crore or more must mandatorily appoint a whole-time CS.

This ensures that companies above a specific size have strong compliance and governance oversight.

Importance of the Company Secretary in the Business Environment

A Company Secretary is more than a compliance officer—they are strategic advisors who ensure a business operates within legal frameworks while fostering governance and ethical practices.

Key importance includes:

  • Ensuring compliance with corporate and securities law
  • Advising leadership on legal and governance risks
  • Playing a critical role in board meetings and influencing policy decisions
  • Building trust with investors, regulators, and the public through transparent reporting

By law, only those with ICSI membership or equivalent recognised qualifications can be appointed, ensuring professional credibility.

Functions of Company Secretaries

Under Section 205 of the Companies Act, 2013, the functions of a Company Secretary include:

  • Ensuring the company complies with the secretarial standards issued by ICSI
  • Reporting compliance status to the Board of Directors regularly
  • Performing duties as prescribed by the Companies Act and other applicable laws

This formalises their role as the company’s governance backbone.

Duties of a Company Secretary

According to Rule 10 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the duties of a CS include:

  • Guiding directors on their statutory responsibilities
  • Convening and recording minutes of board and general meetings
  • Ensuring approvals for company actions like the issue of shares, loans, or mergers
  • Representing the company before regulators, tribunals, and government bodies
  • Assisting the board in company affairs and decision-making. Ensuring compliance with corporate governance standards and best practices

Responsibilities of a Company Secretary in India

In India, a Company Secretary carries responsibilities that go beyond legal compliance:

  • Facilitating business operations by ensuring all approvals are in place
  • Conducting secretarial audits to verify compliance
  • Advising on corporate transactions such as mergers, acquisitions, and share issues
  • Promoting corporate governance through ethics, transparency, and accountability
  • Acting as a communication link between management, regulators, and investors

Rules of Company Secretary Appointment in India

As per Section 203 of the Companies Act, 2013, and Rules 8 & 8A:

  • Every listed company must appoint a whole-time Company Secretary.
  • Every public or private company with a paid-up share capital of ₹10 crore or more must also appoint a CS.
  • Smaller companies may appoint a CS, though it is not mandatory.

Company Secretary Appointment Procedure in India

The process for appointing a Company Secretary involves:

  1. Notifying directors through a Board Meeting under Section 173
  2. Passing a Board Resolution for the appointment
  3. Filing Form DIR-12 with the Registrar of Companies (ROC) within 30 days
  4. Submitting Form MGT-14 (where applicable) with prescribed fees
  5. Updating statutory registers as per Section 170 of the Companies Act, 2013
  6. For listed companies, informing the stock exchange about the appointment

Procedure for the Removal/Resignation of Company Secretary

If a Company Secretary resigns or is removed:

  • The company must hold a Board Meeting to pass a resolution
  • File DIR-12 with the ROC (and MGT-14 in the case of public or listed companies)
  • Inform stock exchanges in case of listed entities

Update the register of directors and key managerial personnel as per Section 170

Frequently Asked Questions (FAQs)

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

Who appoints Company Secretaries?

The Board of Directors of a company appoints a Company Secretary through a board resolution. The decision is recorded in the company’s board meeting minutes.

What is Rule 8 of the appointment of a Company Secretary?

Under Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, every listed company and every public company with a paid-up share capital of ₹10 crore or more must appoint a whole-time Company Secretary.

Is MGT-14 required for the appointment of a Company Secretary?

Yes, the appointment of a Company Secretary is a board resolution, and filing of Form MGT-14 with the Registrar of Companies (ROC) is required under Section 117(3) of the Companies Act, 2013.

What is the time limit for appointing a CS?

The appointment of a Company Secretary must be made within 30 days from the date on which the company becomes legally obliged (i.e., when it crosses the prescribed paid-up capital threshold or is incorporated as a listed company).

Is it mandatory to appoint a Company Secretary?

  • For private limited companies: Appointment of a CS is not mandatory, regardless of share capital.
  • For public companies: It is mandatory to appoint a whole-time CS if the paid-up share capital is ₹10 crore or more.
  • For listed companies: Appointment of a CS is always mandatory.

Swagatika Mohapatra

Swagatika Mohapatra is a storyteller & content strategist. She currently leads content and community at Razorpay Rize, a founder-first initiative that supports early-stage & growth-stage startups in India across tech, D2C, and global export categories.

Over the last 4+ years, she’s built a stronghold in content strategy, UX writing, and startup storytelling. At Rize, she’s the mind behind everything from founder playbooks and company registration explainers to deep-dive blogs on brand-building, metrics, and product-market fit.

Read more
Form DPT-3: Due Date, Purpose, Return Date

Form DPT-3: Due Date, Purpose, Return Date

Running a business in India comes with its fair share of challenges—managing finances, growing revenue, and keeping up with endless compliance requirements. One such crucial yet often overlooked filing is Form DPT-3.

This annual filing is mandatory for all companies in India—except government companies—to report details of deposits, loans, and non-deposit receipts. The Form DPT-3 due date is June 30th each year, making it essential for businesses to meet this deadline to avoid penalties and maintain good standing with regulatory authorities.

Table of Contents

What is Form DPT-3?

Form DPT-3 is an annual return form that companies must file to report deposits and outstanding loan details. It is a statutory requirement under the Companies Act 2013, ensuring that businesses remain compliant and transparent in their financial dealings. The form covers:

  • Deposits received by the company
  • Non-deposit loans taken from directors, shareholders, or other sources
  • Any other amounts that are classified as financial liabilities

The primary objective of this filing is to prevent malpractices related to undisclosed financial transactions and to strengthen corporate governance.

<H2> Applicability and Requirements for DPT-3 Form

Form DPT-3 filing applies to all companies except government companies. This includes:

Key requirements for DP3 include:

  • Annual Filing Deadline: Companies must submit Form DPT-3 by June 30 each year, covering financial transactions for the previous fiscal year.
  • Financial Year Coverage: The form includes details of financial liabilities up to March 31 of the relevant financial year.
  • Auditor Verification: Companies must ensure that the reported figures are verified by auditors to maintain accuracy and compliance.

Penalties for Non-Compliance with Form DPT-3 Filing

Failure to file Form DPT-3 on time can result in significant penalties under the Companies Act 2013. The penalties include:

  • A flat penalty of up to ₹5,000 for the company.
  • Additional daily fines of ₹500 per day for continued non-compliance.
  • Officers responsible for the filing may also be penalised with additional fines.

Ensuring timely submission is essential to avoid legal repercussions and unnecessary financial burdens.

Preparing for the DPT-3 Filing

To ensure a smooth DPT-3 filing process, companies should follow these steps:

  1. Review Financial Transactions: Examine all deposits, loans, and non-deposit receipts received during the financial year.
  2. Obtain Audit Reports: Work with auditors to verify and validate the data before submission.
  3. Gather Necessary Documentation: Collect supporting documents such as loan agreements, receipts, and auditor reports.
  4. Consult Experts: If there are complexities in reporting, seek advice from compliance professionals or legal experts.

Information Required to Fill DPT-3 Form

Companies need to provide the following details while filling out Form DPT-3:

Other financial liabilities as per the balance sheet-

  • Net Worth of the Company: The net worth is calculated as total assets minus total liabilities based on the most recent financial year-end.
  • Particulars of Charge (if any): Companies must disclose any charges or encumbrances on their assets. This includes mortgages, liens, or any other security interests held against company-owned properties or resources.
  • Total Amount Outstanding as of March 31st, 2020 including-  
  • Deposits received from individuals or entities.
  • Loans borrowed from banks, directors, or other companies.
  • Any other non-deposit receipts that need disclosure.
  • Particulars of Credit Rating (If Applicable): Companies with an assigned credit rating should provide: Name of the credit rating agency (e.g., CRISIL, ICRA, CARE, etc.) and the rating assigned

Form DPT-3 Due Date

The due date for filing Form DPT-3 is June 30th of every financial year. Companies should ensure timely submission to avoid penalties and maintain regulatory compliance.

Documents Required to File DPT-3 Form

To complete the Form DPT-3 filing, companies must submit:

  • List of Depositors
  • Deposit Insurance Contract
  • Copy of the Trust Deed
  • Copy of the Instrument Creating Charge
  • Details of Liquid Assets
  • Outstanding Receipts of Money or Loans
  • Auditor’s Certificate

Looking to register your company online? Get started with Razorpay Rize’s Company Registration services! 

Conclusion

Form DPT-3 is a critical compliance requirement for companies in India. Filing this might feel like just another compliance task, but it’s actually a crucial step in keeping your business financially transparent and legally sound. Missing the deadline can lead to penalties, unnecessary stress, and last-minute scrambling. Instead of rushing at the last minute, take a proactive approach—review your records, coordinate with your auditors, and get your documents in order well in advance.

Frequently Asked Questions

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

Is Form DPT-3 mandatory?

Yes, Form DPT-3 is mandatory for all companies (except government companies) that have received deposits, loans, or other non-deposit receipts. It must be filed annually, as per the Companies Act of 2013, to ensure financial transparency and regulatory compliance.

What is the penalty for delay in DPT-3?

If a company fails to file Form DPT-3 on time, penalties may include:

  • A fine of ₹5,000 for the company.
  • An additional fine of ₹500 per day for continued non-compliance.
  • Officers in default may also face penalties, which can go up to ₹2 lakh.

What is the fee for DPT-3?

The filing fee for Form DPT-3 depends on the company’s authorised share capital:

  • ₹200 for companies with capital up to ₹1 lakh
  • ₹300 for ₹1-5 lakh
  • ₹400 for ₹5-25 lakh
  • ₹500 for ₹25 lakh-1 crore
  • ₹600 for ₹1 crore or more

Late filing attracts additional fees, increasing with the delay period.

Is DPT-3 applicable to LLPs?

No, Form DPT-3 is not applicable to LLPs (Limited Liability Partnerships). It applies only to private and public limited companies, as LLPs are governed by the LLP Act of 2008 and have different compliance requirements.

Can we file DPT-3 after the due date?

Yes, you can file DPT-3 after the due date, but it will attract late filing fees and penalties. To avoid unnecessary financial and legal consequences, it is advisable to file before the June 30 deadline.

Is DPT-3 mandatory every year?

Yes, DPT-3 is an annual compliance requirement that must be filed every year by June 30, reporting financial data from the previous fiscal year.

What is the purpose of filing DPT-3?

The purpose of Form DPT-3 is to:

  • Ensure financial transparency by reporting deposits, loans, and non-deposit transactions.
  • Help regulators track company borrowings and financial stability.

Ensure compliance with the Companies Act of 2013 and avoid penalties.

Rize.Start

Hassle free company registration through Razorpay Rize

in just 1,499 + Govt. Fee
With ₹0 hidden charges

Make your business ready to scale. Become an incorporated company through Razorpay Rize.

Made with ❤️ for founders

View our wall of love

Smooth onboarding, seamless incorporation and a wonderful community. Thanks to the #razorpayrize team! #rizeincorporation
Dhaval Trivedi
Basanth Verma
shopeg.in
Exciting news! Incorporation of our company, FoxSell, with Razorpay Rize was extremely smooth and straightforward. We highly recommend them. Thank you Razorpay Rize for making it easy to set up our business in India.
@foxsellapp
#razorpayrize #rizeincorporation
Dhaval Trivedi
Prakhar Shrivastava
foxsell.app
We would recommend Razorpay Rize incorporation services to any founder without a second doubt. The process was beyond efficient and show's razorpay founder's commitment and vision to truly help entrepreneur's and early stage startups to get them incorporated with ease. If you wanna get incorporated, pick them. Thanks for the help Razorpay.

#entrepreneur #tbsmagazine #rize #razorpay #feedback
Dhaval Trivedi
TBS Magazine
Hey, Guys!
We just got incorporated yesterday.
Thanks to Rize team for all the Support.
It was a wonderful experience.
CHEERS 🥂
#entrepreneur #tbsmagazine #rize #razorpay #feedback
Dhaval Trivedi
Nayan Mishra
https://zillout.com/
Smooth onboarding, seamless incorporation and a wonderful community. Thanks to the #razorpayrize team! #rizeincorporation
Dhaval Trivedi
Basanth Verma
shopeg.in
Exciting news! Incorporation of our company, FoxSell, with Razorpay Rize was extremely smooth and straightforward. We highly recommend them. Thank you Razorpay Rize for making it easy to set up our business in India.
@foxsellapp
#razorpayrize #rizeincorporation
Dhaval Trivedi
Prakhar Shrivastava
foxsell.app
We would recommend Razorpay Rize incorporation services to any founder without a second doubt. The process was beyond efficient and show's razorpay founder's commitment and vision to truly help entrepreneur's and early stage startups to get them incorporated with ease. If you wanna get incorporated, pick them. Thanks for the help Razorpay.

#entrepreneur #tbsmagazine #rize #razorpay #feedback
Dhaval Trivedi
TBS Magazine
Hey, Guys!
We just got incorporated yesterday.
Thanks to Rize team for all the Support.
It was a wonderful experience.
CHEERS 🥂
#entrepreneur #tbsmagazine #rize #razorpay #feedback
Dhaval Trivedi
Nayan Mishra
https://zillout.com/