Q. What is a startup Company? And how to register a startup Company in India?

Practically, there is no term like Startup Company. Private Limited Company is popularly known as Startup Company in India because it is the only form of business which can raise funding easily.

Q. What is a difference between Sole Proprietorship and Pvt Ltd Company?

Private Limited Company is the superior form of business than Sole proprietorship in India and offers various advantages over the sole proprietorship form of business in India

Q. How to check company registration number online?

To verify any company registration number, which is commonly known as CIN number, can be verified from the Ministry of Corporate Affairs (MCA) website, i.e. mca.gov.in.

Q. What do you mean by Registrar of Companies (ROC) in India?

Registrar of Companies (ROC) is the government post who takes care about the company’s record within its jurisdiction.

Q. What do you mean by incorporation of Private company under Companies Act, 2013?

Incorporation is another word for Private Company registration in India. The word incorporation is generally used in connection with company registration in India.

Q. What are the documents required for bank account opening of Private Ltd Company?

The lists of documents required for opening the bank account of Private Limited includes Certificate of Incorporation, PAN Card Acknowledgement, MOA and AOA, Board Resolution as per the format given by Bank, Bank Account opening form as per respective bank.

Q. Why should startup register Private Limited Company in India?

Startup are the innovative category of business man who wants to grow very fast within a short span of time like the previous startups did like Flipkart, Ola, PayTM etc. They could only become so big because they were able to raise the capital in a timely manner.

Q. How many people are required to register Private Limited Company in India?

The minimum requirement to start a private limited company is 2 person which can be increased to maximum of 200 people. Further, in case you are a sole person and wants to start a private limited company, then you can choose to register a One Person Company (OPC).

Q. What is a difference between directors and shareholders?

Shareholders are the person who holds the shares of the company whereas Directors on the other hand, are the employees of the company who runs the company.

Q. What is the minimum capital amount required to register a company in India?

There is no requirement of minimum capital, as the government has done away with the requirement of having the minimum share capital.