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Company PAN and TAN
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MOA & AOA
Incorporation Certificate
2 Digital Signature Certificate
2 Director’s Identification Number
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Extra fees may apply for additional directors or authorised capital.

Company Registration in Mumbai

Mumbai, the pulsating heart of India's economy, stands as the bustling metropolis on the western coast. Acknowledged as the financial capital, it houses key institutions like the Bombay Stock Exchange and the Reserve Bank of India, contributing significantly to the nation's economic landscape.

Start Your Company- Expert Guidance for Company Registration in Mumbai.

Mumbai's skyline is characterized by a blend of historic landmarks and modern skyscrapers, housing the headquarters of numerous Indian and multinational corporations like ICICI Bank, Accenture, Deloitte, etc.

Number of Companies Registered in Mumbai

During this financial year, Mumbai experienced a notable surge in the registration of companies across a myriad of sectors. The diverse landscape of registered businesses ranged from technology-driven enterprises and financial institutions to manufacturing entities.

The city displayed a flourishing startup ecosystem, with more than 24,000 businesses actively contributing to its already expanding economy.

Private Limited Companies
Limited Liability Partnerships (LLPs)
One Person Companies (OPC)
Public Limited Companies
FY 2023-24*
15225
7650
814
373

*Data till October, 2023

Types of Companies You Can Register in Mumbai

In Mumbai, you can register companies based on your business requirements and structure preferences. Here are some common types:

  • Private Limited Company: A preferred choice for startups and businesses, the Private Limited Company operates under the regulation of the Companies Act.

Register your Private Limited Company in just ₹6,999

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  • One Person Company (OPC): Designed for individuals seeking to establish a company with limited liability and single ownership.

Register your One Person Company in just ₹6,999

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  • Limited Liability Partnership (LLP): Established in accordance with the Limited Liability Act of 2008, an LLP provides limited liability and is commonly favored by professionals and service providers.

Register your Limited Liability Partnership in just 5,999

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  • Public Limited Company: A Public Limited Company, characterized by the issuing shares to the public for fundraising, is a regulated business structure suitable for large multinational corporations.
  • Sole Proprietorship: Sole Proprietorship is ideal for small businesses and freelancers, with a single owner personally liable for all business obligations.
  • Partnership Firm: As per the Indian Partnership Act, a Partnership is established when two or more individuals jointly assume responsibilities, share profits, and shoulder liabilities.

    Company Registration Authorities in Mumbai

    Ministry of Corporate Affairs (MCA)

    The MCA serves as a regulatory authority tasked with overseeing corporate affairs and governance.

    It holds a pivotal position in monitoring the operations of corporate entities and verifying adherence to statutory obligations.

    Additionally, individuals can leverage the official website of the MCA to obtain crucial reports and avail themselves of various services across different domains by registering through the portal.

    Ministry of Micro, Small and Medium Enterprises (MSME)

    The Ministry of MSME is a government body in India dedicated to fostering the growth and support of micro, small, and medium-sized enterprises (MSMEs) throughout the nation.

    Although not obligatory, seeking MSME/Udyam registration allows you to leverage a range of benefits, including tax advantages, simplified business establishment procedures, access to credit facilities, and eligibility for diverse financial incentives and loans.

    Udyam registration is a valuable step for MSMEs in India, offering official recognition and facilitating access to several government schemes and support mechanisms.

    If your business operates in manufacturing, service industries, or wholesale and retail trade, you have the opportunity to apply for MSME registration, provided you meet the eligibility criteria based on annual turnover and investment.

     Micro
    Small
    Medium
    Investment
    < Rs.1 Crore
    < Rs. 10 Crores
    < Rs. 50 Crores
    Annual Turnover
    <Rs. 5 Crores
    < Rs. 50 Crores
    < Rs. 250 Crores

    Registrar of Companies (RoC)

    The Registrar of Companies (RoC), operating within the framework of the Ministry of Corporate Affairs (MCA), holds a regulatory role, including responsibilities such as approving the registration of new companies and limited liability partnerships (LLPs) in India.

    Its crucial function lies in overseeing the compliance of incorporated entities, which includes, but is not limited to, processes like appointing and resigning directors, appointing auditors and company secretaries, and fulfilling obligations such as filing annual returns, submitting annual financial statements, and adhering to post-incorporation compliances.

    Maharashtra has two RoCs, one in Mumbai and the other one in Pune. The current details of RoC (as of November 2023) for the Mumbai Region:

    ROC- Mumbai
    Email- roc.mumbai@mca.gov.in 
    Address- Registrar Of Companies, 100, Everest, Marine Drive,Mumbai- 400002, Maharashtra

    Registrar of Firms (RoF)

    RoF is the authority responsible for overseeing the registration and regulation of Partnership Firms. In India, partnership firms are governed by the Indian Partnership Act, and the Registrar of Firms plays a vital role in managing the registration process and maintaining the records of registered partnerships.

    In India, the RoF operates at the state level, and therefore, Maharashtra (Mumbai) has its own RoF responsible for partnership registrations within that jurisdiction.

    The current details of RoF (as of November 2023) for the Mumbai Region:

    Registrar of Firms, Maharashtra State, Mumbai
    New Administrative Building, 6th Floor, Near Chetna College, Govt. Colony, Bandra (East), Mumbai- 400 051
    Ph No. 022-26551149 & 022-20860591

    Government of Maharashtra

    Depending on the nature of the business, the Maharashtra Government may be involved in granting licenses and permits necessary for specific activities. This includes coordination with local authorities for trade licenses and Professional Tax registration for businesses.

    The state government collaborates with other regulatory authorities in formulating and implementing industrial policies that impact the registration and growth of businesses.

    • The Department of Goods and Services Tax of Maharashtra is responsible for the implementation and administration of GST within the state. It operates under the broader framework of the Goods and Services Tax Council, which is a constitutional body responsible for formulating policies and making recommendations on issues related to GST.
    • For businesses operating in Mumbai, local municipal authorities, including the Brihanmumbai Municipal Corporation (BMC), may be involved in granting specific licenses and registrations related to local business operations like Trade Licenses, Professional Tax Enrolment Certificate (PTEC), and Professional Tax Registration Certificate (PTRC). These are essential registrations for businesses operating in Maharashtra and various other states.
      PTEC enables a business entity to pay its professional tax, covering both the company and its directors or owners, professionals, and sole proprietors. Conversely, PTRC empowers employers to deduct and remit professional tax from the employees, ensuring compliance with government regulations.
    • If a business is set up in an industrial area, Maharashtra State Industrial Development Corporation (MIDC) plays a role in providing industrial infrastructure and assisting in the establishment of industries in Maharashtra. The Ease of Doing Business portal facilitates the approvals required in starting a business in Maharashtra through Single Window Clearance.

    Income Tax Department

    A regulatory body responsible for managing the tax-related aspects of enterprises, including the issuance of Permanent Account Number (PAN) and ensuring adherence to income tax regulations.

    The Mumbai Region has 11 territorial Chief Commissioners of Income Tax, 2 Chief Commissioners of Income Tax (Central), one Chief Commissioner of Income Tax (TDS), one Chief Commissioner of Income Tax (IT & TP) and one Director General of Income Tax (Investigation).

    For businesses operating in sectors like insurance, financial services, broadcasting, and defense-related services, you must obtain additional approvals and clearances from certain regulatory bodies such as the Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), Securities and Exchange Board of India (SEBI), Ministry of Defence, etc. This Is often necessary for lawful and secure operations.

    Company Registration Process in Mumbai

    The process of registering a company in Mumbai involves several stages, and it is crucial to adhere to the legal requirements set forth by the Ministry of Corporate Affairs (MCA).

    The Registration Process in Mumbai is as follows:

    • Egestas ornare
    • Obtain DSC for all Directors/Partners.
    • Select an appropriate and unique company name and obtain MCA approval for the same.
    • Fill the requisite forms (SPICe+ for Private Limited and OPCs; FiLLiP for LLPs), upload documents, and pay registration fees and stamp duties, if any.
    • Following a thorough review and compliance verification, the Certificate of Incorporation (COI) is issued, signifying the successful registration of the business with a distinct legal identity.

    The procedures might differ for various types of companies, and additional steps may be necessary depending on the characteristics and the industry your business operates in.

    Documents Required for Company Registration in Mumbai

    The essential documentation for the registration process typically includes:

    • Identity Proof and Address Proof (Passport, Aadhar card, Voter ID, or Driver's License) of directors and shareholders.
    • Utility bills or Bank Statements as proof of address.
    • Ownership Documents (Electricity Bill or Corporation Tax receipt) in the owner's name as Proof of the Registered Office.
    • If the office is not owned by directors, a No Objection Certificate (NOC) from the owner.

    For detailed information on specific documents required for various company registrations, refer to respective pages and procedural steps.

    Selection of a Company Name in Mumbai & Trademark Process

    Before proceeding with company registration, it is recommended to conduct a comprehensive search to ensure compliance with MCA guidelines for your chosen name and mark.

    Subsequently, the next step, the Trademark Registration process, grants exclusive rights and establishes a unique identity. This involves selecting a distinctive trademark, categorizing it appropriately, and submitting an application to the Trademark Registry with the required documentation.

    Tap into our free instant search feature for Company Names, Trademarks, Domain Names, and Social Media Handles linked to your business name. Dive into a curated hub for accurate data directly sourced from the Trademark Database, MCA Database, and more – all at your fingertips!

    Searching for a company name?

    Check company name availability using our powerful name search tool.

    Explore details like Company Identification Number (CIN), Allocation status, Incorporation date, and the current state of an existing company, empowering you with comprehensive information for well-informed decisions.

    GST Requirements for Business Registration in Mumbai

    GST, known as Goods and Services Tax, is a value-added tax levied on the consumption of goods and services in India. It is compulsory if your business is engaged in buying, selling, or providing services once the turnover crosses the specified threshold.

    Obtaining GST Registration is mandatory when the business turnover exceeds Rs. 40 Lakhs (for goods) and Rs. 20 Lakhs (for services). However, there are certain businesses for which registration is compulsory, even if their turnover is within the pre-defined threshold. Registration under GST is mandatory for all e-commerce operators irrespective of the sales turnover.

    The overall registration process outlines:

    • Visit the GST Portal.
    • Select "Register Now."
    • Fill in the details in the "Part A" form.
    • Complete "Part B" by providing business information and uploading required documents.
    • Essential documents comprise PAN, Aadhar, business registration papers, bank statements, and photographs of the proprietor/partners/directors.
    • Following submission, verification, and approval, a GST registration certificate is issued.
    • The GST Certificate incorporates a GSTIN, a 15-digit state-wise identifier for businesses. The first 2 digits of the GSTIN represent the GST code of the state/territory, which for Mumbai (Maharashtra) is 27.
      Example of GSTIN in Mumbai: 27AAAAP0267H2ZN

    Once registered, issue GST-compliant invoices for the taxable supplies, comply with regular GST return filing obligations, including GSTR-1, GSTR-3B, and others, depending on the nature of the business. You can also claim an Input Tax Credit on the GST paid on the purchases related to the business.

    It is crucial to adhere to the rules and guidelines set by the government under the GST framework to avoid facing penalty charges.

    Register Your Business Hassle-free with Razorpay Rize

    Choose Razorpay Rize for a seamless and online company registration experience, with no hidden charges.

    Register your Company starting at just ₹5,999

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    Our package includes:

    • Company Name Registration
    • 2 Digital Signature Certificates (DSCs)
    • 2 Directors’ Identification Numbers (DINs)
    • Certificate of Incorporation(COI)
    • MoA & AoA [Applicable for Private Limited Companies and OPCs]
    • LLP Agreement [Applicable for LLPs]
    • Company PAN & TAN

    *Prices and documents can differ based on the company type.

    What Our Mumbai Founders Say About Us

    The process was very smooth and everything was taken care of by the team. I also referred one of my friend to get his company registered with you guys.
    Sahil Laheru
    Yogi Business Solutions LLP, Thane
    It was very quick and efficient, my company got incorporated within a week's time. I'm really happy with the service.
    Ashok
    A2Z EXPO INDUSTRIES LLP, Thane
    Seamless experience. Quick response from Poorva who was handling our case.
    Neeraj Sonaniya
    Kalpify Fashion Private Limited

    A Closer Look at Mumbai

    FAQs

    Do I need to register my company in Mumbai?

    Company Registration in Mumbai offers numerous benefits:

    • Legal Protection
    • Financial Accessibility
    • Improved Credibility
    • Basic foundation for growth and sustainability

    How long does the company registration process take in Mumbai?

    The registration process usually spans 10-15 days, although the duration may fluctuate depending on document submission and government processing.

    What is the registration cost for a company in Mumbai?

    The cost associated with registering a company in Mumbai may differ based on factors like the company type, authorized capital, professional fees, and other incidental costs. For an estimated cost, you can refer to the respective types on our website.

    What steps should I take to register my business in Mumbai?

    Simplify your company registration with Razorpay Rize:

    • Select Your Company Type.
    • Pay Fees.
    • Submit Documents effortlessly for a hassle-free registration process.
    • Relax as We Handle the Rest!

    How can I verify the status of my company registration application?

    To verify the status of your company registration application, follow these general steps:

    • Visit the MCA website.
    • In the "MCA Services" section, select "View Company/LLP Master Data."
    • Enter your Corporate Identification Number (CIN) and click "Submit."
    • The platform will then display the current status of your company.

    In the case of a Partnership Firm, access the Registrar of Firms records via their official website.

    What are the various compliances after company registration in Mumbai?

    Here's a breakdown of some common post-registration compliances:

    • File Annual Returns and Financial Statements
    • Conduct Board Meetings and document Board Resolutions:
    • Conduct Audits to ensure compliance with financial reporting standards.
    • Maintain Statutory Records
    • File Annual Income Tax Returns and comply with GST regulations if applicable.

    Certain industries have unique compliance requirements. For example, pharmaceutical companies may need to adhere to health and safety regulations or environmental standards.

    Can my company operate in states other than Mumbai after registration?

    With company registration, you have the freedom to operate throughout India without any inherent limitations. However, it's important to note that compliance with local regulations is essential, and you may need additional licenses and approvals from relevant authorities in different states to ensure legal adherence.

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