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Company Registration for Retail Business

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Company Registration for Retail Business

The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. Retail Industry in India accounts for over 10% of India's gross domestic product (GDP) and around 8% of employment. India is the world’s fifth-largest global destination in the retail space. India ranked 73 in the United Nations Conference on Trade and Development's Business-to-Consumer (B2C) E-commerce Index 2019. India is the world’s fifth-largest global destination in the retail space and ranked 63 in World Bank’s Doing Business 2020.

As the country recovers from the pandemic, the retail industry In India has resumed its growth trajectory and is likely to witness 10 per cent annual growth to reach approximately USD 2 trillion by 2032, driven by socio-demographic and economic factors such as urbanization, income growth and rise in nuclear families. On the other hand, the Indian e-commerce industry is expected to cross the $350 bn mark by 2030, growing at a CAGR of 23%.

Minimum Requirements for Company Registration in India

Minimum 2 Shareholders
Minimum 2 Directors
One Director must be an Indian Resident
No Minimum Authorised Share Capital
DIN for 2 Directors
Directors & Shareholders can be same person
Digital Signature Certificate
Secure Digital Documentation

Documents Required for Company Registration

From Directors

  • Copy of PAN (Resident) / PAN Declaration (Non-Resident)
  • Copy of Passport (for non-residents)
  • Declaration in Form INC-9 for First Directors*
  • Identity Proof (Voter ID / DL / Passport)
  • Residential Proof (not older than 2 months)
  • Consent to act as directors*
  • Disclosure of interest in other entities*

From Subscribers

  • Copy of PAN (Resident)
  • Copy of Passport (Non-Resident)
  • Identity Proof (Voter ID / DL / Passport)
  • Residential Proof (not older than 2 months)

From Company

  • Sale Deed / Lease Deed
  • Utility Bill of Registered Office
  • NOC from Property Owner*
  • MOA & AOA*

Note 1: Foreign directors/subscribers documents must be notarized and apostilled/consularized.

Note 2: *Drafts will be provided by our team.

Note 3: Additional documents are required if the subscriber is another company.

Types and Requirement for Company Registration for Retail Business

Advantages of a Private Limited Company Formation

Explore the major benefits of registering your business as a Private Limited Company.

Separate Legal Entity

The company and its members are treated as separate legal persons with distinct identities.

Perpetual Succession

The company continues to exist even after death, insolvency, or resignation of shareholders or directors.

Limited Liability

Members are liable only up to the unpaid amount on the shares held by them.

Easy Ownership Transfer

Shares can be transferred easily, making ownership transition simple and structured.

100% FDI Allowed

Foreign investors and entities can invest directly in a Private Limited Company.

Builds Credibility

Company information is publicly available, increasing transparency and trustworthiness.

Online Company Registration Customised by Cities

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