{"id":24293,"date":"2021-01-16T13:03:03","date_gmt":"2021-01-16T07:33:03","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=24293"},"modified":"2021-01-16T14:01:40","modified_gmt":"2021-01-16T08:31:40","slug":"do-you-know-the-cost-of-registering-a-company-of-your-choice","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/do-you-know-the-cost-of-registering-a-company-of-your-choice\/","title":{"rendered":"Do you Know the Cost of Registering a Company of Your Choice?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The cost of\nregistering a company in India depends on various factors. One of the primary\nfactors is the authorized share capital with which you want to register your\ncompany.&nbsp;If you wish to register your entity with fewer requirements, then\nthe registration cost will be less. <\/p>\n\n\n\n<p>The cost of the <a href=\"https:\/\/corpbiz.io\/company-registration\"><strong>company registration<\/strong><\/a> tends to escalate with the increase in the authorized share capital.&nbsp;This blog will provide a pinpoint estimation of the cost of company registration for the privately held organization.&nbsp;As we mentioned earlier, the cost of registering a company depends on many factors. Let us shed some light on the same.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Factors Outlining the Cost of\nRegistering a Company <\/h2>\n\n\n\n<p><em><strong>Following are the key factors that outlined the overall cost of registering a company, which are as follows:-<\/strong><\/em><\/p>\n\n\n\n<ul><li>Initial\nauthorized share capital&nbsp;<\/li><li>Stamp duty<\/li><li>Professional Fee\ncharged by a Company Secretary or Chartered Accountant.&nbsp;<\/li><\/ul>\n\n\n\n<p>The involvement of the Company Secretary or CA is necessary to register a company in India.&nbsp;Wherever you register, the cost for the first three factors is more or less identical with the only difference in stamp duty charges.&nbsp;The major difference to the registration cost in the case of a privately held entity will depend on the fees charged by the Company secretary or CA.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important\"><a href=\"https:\/\/corpbiz.io\/learning\/significance-and-advantages-of-company-registration-for-smbs\/\">Significance and Advantages of Company Registration for SMBs<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cost of Registering a Company from Ministry of Corporate Affairs <\/h2>\n\n\n\n<p><em><strong>Fees liable to be paid with SPICe+ web application may be classified as follows:<\/strong><\/em><\/p>\n\n\n\n<ul><li>Filing fee for a web form viz <a href=\"https:\/\/corpbiz.io\/learning\/new-spice-plus-form-launched-by-mca\/\"><strong>SPICe +<\/strong><\/a> form.<\/li><li>Registration fee for Memorandum of Association <\/li><li>Registration fee for Article of Association <\/li><li>Filing fee for URC-1, if applicable. <\/li><li>Stamp duty applicable to SPICe + form\/AoA\/MoA.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Fee applicable to the Integrated\nIncorporation Form <\/h3>\n\n\n\n<p>Following is the tabular\nrepresentation of the fees applicable to the Integrated Incorporation Form. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">In\ncase if the company Posses Share Capital<\/h4>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Nominal Share Capital <\/strong>\n  <\/td><td>\n  <strong>&nbsp;Fee to be borne by applicant <\/strong>\n  <\/td><\/tr><tr><td>\n  Up to 15,00,000\n  <\/td><td>\n  Not applicable\n  <\/td><\/tr><tr><td>\n  More than 15,00,000\n  <\/td><td>\n  INR 500\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h4 class=\"wp-block-heading\">Fees\nborne by the Company without Share Capital <\/h4>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>No of Members <\/strong>\n  <\/td><td>\n  <strong>&nbsp;Fee to be borne by applicant <\/strong>\n  <\/td><\/tr><tr><td>\n  Up to 20 members \n  <\/td><td>\n  Not applicable\n  <\/td><\/tr><tr><td>\n  More than 20 members \n  <\/td><td>\n  INR 500\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h3 class=\"wp-block-heading\">Registration fee for Memorandum of\nAssociation <\/h3>\n\n\n\n<p>The table below comprises of amount payable\nto the MCA as a registration fee for Memorandum of Association. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"> In case if the company posses share capital <\/h4>\n\n\n\n<table class=\"table table-bordered\">\n<tbody>\n<tr>\n<td rowspan=\"2\" width=\"170\">\n<p><strong>Nominal Share capital (INR)<\/strong><\/p>\n<\/td>\n<td colspan=\"2\" width=\"264\">\n<p><strong>Other than One Person Company and Small<\/strong><\/p>\n<p><strong>Companies<\/strong><\/p>\n<\/td>\n<td colspan=\"2\" width=\"275\">\n<p><strong>One Person Company and Small Companies <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"132\">\n<p><strong>Fixed<\/strong><\/p>\n<\/td>\n<td width=\"132\">\n<p><strong>For every 10, 000<\/strong><\/p>\n<p><strong>or part thereof<\/strong><\/p>\n<\/td>\n<td width=\"114\">\n<p><strong>Fixed<\/strong><\/p>\n<\/td>\n<td width=\"161\">\n<p><strong>For every 10, 000<\/strong><\/p>\n<p><strong>or part thereof<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>Up to 1, 00, 000<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"114\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"161\">\n<p>Not Applicable<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 1,00,000 up to<\/p>\n<p>5,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"114\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"161\">\n<p>Not Applicable<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 5,00,000 up to<\/p>\n<p>10,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"114\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"161\">\n<p>Not Applicable<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 10,00,000 up<\/p>\n<p>to 15,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"132\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"114\">\n<p>Not Applicable<\/p>\n<\/td>\n<td width=\"161\">\n<p>Not Applicable<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 15,00,000 up<\/p>\n<p>to 50,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 51,000 +<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 300<\/p>\n<\/td>\n<td width=\"114\">\n<p>INR 12,000 +<\/p>\n<\/td>\n<td width=\"161\">\n<p>INR 200<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 50,00,000 up<\/p>\n<p>to 1,00,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 1,56,000 +<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 100<\/p>\n<\/td>\n<td width=\"114\">\n<p>INR 1,56,000 +<\/p>\n<\/td>\n<td width=\"161\">\n<p>INR 100<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"170\">\n<p>More than 1,00,00,000<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 2,06,000 +<\/p>\n<\/td>\n<td width=\"132\">\n<p>INR 75<\/p>\n<\/td>\n<td width=\"114\">\n<p>INR 2,06,000 +<\/p>\n<\/td>\n<td width=\"161\">\n<p>INR 75<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n<p>If fee payable on\nthe authorized capital is surpassing INR 2.5 Crore then the fee applicable will\nbe limited to INR 2.5 crore&nbsp; <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Fees borne by the Company without\nshare capital<\/h4>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Number of members<\/strong>\n  <\/td><td>\n  <strong>Fee applicable<\/strong>\n  <\/td><\/tr><tr><td>\n  Up to 20 members\n  <\/td><td>\n  Not applicable\n  <\/td><\/tr><tr><td>\n  More than 20 but up to 200 members\n  <\/td><td>\n  INR 5,000\n  <\/td><\/tr><tr><td>\n  More than 200 members (If no of members not cited as unlimited\n  in Article of Association)\n  <\/td><td>\n  INR 5,000 + Rupees 10 for every member, after the first 200\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p>The maximum fee applicable to the new company without share\ncapital has been capped at INR 10,000. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Registration fee for Article of\nAssociation <\/h3>\n\n\n\n<p>The following table exhibits the amount of fees payable to the\nconcerned authority for registering the Article of Association.&nbsp; <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">In\ncase if the company posses share capital<\/h4>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Nominal\n  Share Capital<\/strong>\n  <\/td><td>\n  <strong>Fee\n  applicable<\/strong>\n  <\/td><\/tr><tr><td>\n  Less\n  than 1,00,000\n  <\/td><td>\n  Not Applicable\n  <\/td><\/tr><tr><td>\n  1,00,000\n  to 4,99,999\n  <\/td><td>\n  Not Applicable\n  <\/td><\/tr><tr><td>\n  5,00,000\n  to 15,00,000\n  <\/td><td>\n  Not Applicable\n  <\/td><\/tr><tr><td>\n  15,00,001\n  to 24,99,999\n  <\/td><td>\n  INR 400\n  <\/td><\/tr><tr><td>\n  25,00,000\n  to 99,99,999\n  <\/td><td>\n  INR 500\n  <\/td><\/tr><tr><td>\n  1,00,00,000\n  or more\n  <\/td><td>\n  INR 600\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h4 class=\"wp-block-heading\">Fees borne by the Company without\nshare capital<\/h4>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  Number of members\n  <\/td><td>\n  Fee applicable\n  <\/td><\/tr><tr><td>\n  Up to 20 members\n  <\/td><td>\n  Not applicable\n  <\/td><\/tr><tr><td>\n  More than 20 members\n  <\/td><td>\n  INR 200\/ document\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h3 class=\"wp-block-heading\">Filing fee for URC-1, if applicable\n<\/h3>\n\n\n\n<p>The fees related to\nURC-1 is chargeable as per the fee cited for URC-1<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Stamp duty applicable to SPICe +\nform\/AoA\/MoA <\/h3>\n\n\n\n<p>Charges\nassociated with the Stamp duty varies from state to state depending on the\nlocation of your company registration. Stamp duty is applicable on MOA, AOA,\nand SPICe+ registration. In some states, the estimation of the registration\nfees is done based on the company&#8217;s authorized capital.&nbsp;<\/p>\n\n\n\n<p>These\nregistration fees are calculated based on the authorized capital of the\ncompany. Feel to visit CorpBiz to get the exact estimation on the Stamp Duty\ncharges for all states.&nbsp;<\/p>\n\n\n\n<p>After\npinpointing the stamp duty charges for your state, you can add other expenses\nsuch as fees charged by the CA or company secretary for registering a company.\nYou may have to invest in the range of Rs 10000-20000 to pay fees against the\nservices provided by these professionals.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Obtaining Digital\nSignature Certificate<\/h3>\n\n\n\n<p>Digital Signature Certificate (DSC) is an imperative part of the company registration process. The absence of DSC would not allow you to fill in mandatory e-forms for obtaining the company registration.&nbsp;It should be noted the use of DSC has been mandated under the new provisions of the <strong><em>Company Act 2013<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Companies_Act_2013\"><strong><em>[1]<\/em><\/strong><\/a><\/sup>.<\/p>\n\n\n\n<p>You do not need\nto hire a charted accountant or CS to obtain the Digital Signature Certificate\n(DSC). You can get it from the authority certified by the relevant authorities.&nbsp;In\nour country, you can obtain a Digital Signature Certificate (DSC) with two\nyears of validity by paying the amount Rs. 1500 to Rs. 2,000 to the certified\nauthority.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>You have to approach systematically to avail the hassle-free registration for your company. If you run into some issues either on the documentation part or other requirements, it&#8217;s advisable to hire an expert without any second thought. At <a href=\"https:\/\/corpbiz.io\/\"><strong>CorpBiz<\/strong><\/a>, you can avail end to end support on the company registration process.&nbsp; Approach our professional if you seek best of the guidance on the cost of registering a company in India. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important\"><a href=\"https:\/\/corpbiz.io\/learning\/benefits-of-private-company-registration\/\">Exciting Benefits of Private Company Registration That You Can\u2019t Ignore!<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost of registering a company in India depends on various factors. One of the primary factors is the authorized share capital with which you want to register your company.&nbsp;If you wish to register your entity with fewer requirements, then the registration cost will be less. The cost of the company registration tends to escalate [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":24299,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[1435],"acf":{"service_id":"1"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":4318,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24293"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=24293"}],"version-history":[{"count":11,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24293\/revisions"}],"predecessor-version":[{"id":24333,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24293\/revisions\/24333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/24299"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=24293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=24293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=24293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}