Minimum Amount for the Company Registration in India ?
The minimum amount required for company registration in India depends on the authorized share capital of the company. As of my knowledge cutoff in September 2021, the minimum requirements for company registration are as follows:
- Private Limited Company:
- The minimum authorized share capital requirement for a private limited company is Rs. 1 lakh (INR 1,00,000). This means that the company must issue shares worth at least Rs. 1 lakh to the shareholders.
- One Person Company (OPC):
- The minimum authorized share capital requirement for an OPC is also Rs. 1 lakh (INR 1,00,000).
It's important to note that the minimum authorized share capital represents the value of shares that the company can issue. However, it does not mean that the entire amount needs to be paid upfront during the registration process. The paid-up share capital, which is the actual amount contributed by the shareholders, can be less than the authorized share capital.
Additionally, the company registration fees and other charges, such as stamp duty and professional fees, are separate from the share capital requirements. The registration fees can vary depending on the authorized share capital, as mentioned in my previous response.
It is advisable to consult with professionals, such as chartered accountants or company secretaries, for accurate and up-to-date information on the minimum requirements and fees for company registration in India. The professionals can guide you through the registration process and assist in determining the appropriate share capital and compliance requirements based on your specific business needs.