The Companies Act 2013, which is overseen by the Ministry of Corporate Affairs, governs company registration in India. Various business entities, such as Private Limited Companies, Person Companies, Small Producer Companies, etc., have different registration fees in India. The Cost of Company Registration reports under Section 385 of the Act is Rs. 6000 per form, and the cost to remove a company’s name from the (ROC) Registrar of Companies under Section 248(2) of the Act is Rs. 5000. In this article we will discuss Cost of Company Registration in India.

Cost of Company Registration

The documents that are presented & filed for information that is required to be registered under the Act must be submitted within the time frame indicated in the provision on payment of fees as prescribed here, according to Section 403 of the Companies Act, 2013^[1].

1. The Cost of Company Registration without any equity

• The fee for organizations that have 20 registered members is Rs 2000.
• The fee for organizations that register with members numbers more than 20 is Rs 5000.
• Companies that are registered with more than 200 members but not 200 unlimited members will be charged Rs 5000 in addition to an extra Rs 10 fee for each additional member.
• Companies with unlimited members who register will pay a fee of Rs 10,000.

2. Cost of Company Registration other than small businesses and sole proprietorships with share capital

• Any time the nominal share capital is between Rs. 1,00,000 and Rs. 5,000
• When the nominal share capital falls between Rs. 1,00,000 and Rs. 5,00,000, Rs. 400 is applied for every Rs. 10,000 or a portion thereof.
• When a nominal share capital is greater than 5,000 and less than 50,000, there is a payment of 300 rupees for every additional ten rupees.
• When the nominal share capital is between 50,000 and 1 crore, there is a ratio of 100 rupees for every ten rupees or a fraction thereof.
• When the nominal share capital is greater than Rs 1 crore and falls between Rs 10 000 and afterward, Rs 75.

3. Cost of Company Registration sole proprietorships and small businesses with equity

• When the nominal share capital is between 10,000 and 2,000 rupees
• When a nominal share capital exceeds Rs 10,000 and falls between Rs 50,000 and Rs 50,00,000, Rs 200 is added for each additional Rs 10,000 or a fraction thereof.
• When the nominal share capital is between Rs 1 crore and Rs 1,56,000 and over Rs 50,000. then for every Rs 10,000 of it, Rs 100 will be added.
• When a share’s nominal value is between Rs 1 crore and Rs 2,06,000, an additional Rs 75 will be added for every Rs 10,000, up to a maximum of Rs 250 crore.

Late Fees Charges for Forms 

In addition to paying extra fees for an increase in nominal share capital, companies will also be charged extra fees for late filing of paperwork. Delay will be indicated by the following:

• The fee will be the standard filing fee amount for delays of up to 15 days.
• There will be a cost equal to twice the standard filing fee for delays of around 16 to 30 days.
• The price will be four times the standard filing fee for delays of approximately 31 to 60 days.
• The charge will be six times the standard filing price for delays of approximately
• The charge will be ten times the regular filing fee for delays of about 91 to 180 days.
• The price is 12 times the standard filing fee for delays of more than 180 days to 270 days.

Factors that Influence Cost of Company Registration

The following are the factors that influence a company’s fees for both companies with and without share capital:

• For businesses that have a share capital
• The cost to register a business for an entity with a maximum nominal share capital of one million rupees will be Rs 200.
• The fees for organizations whose official share capital totals at least Rs 1,00,000 but is limited to not more than Rs 5,00,000 will be Rs 300.
• For organizations whose official share, capital totals Rs 5,000,001 but is limited to not more than Rs 25,001,000, the registration price is Rs 400.
• For organizations whose official share capital totals Rs 25,00,000 but is limited to not more than Rs 1 crore, the registration price for a corporation is Rs 500.
• For organizations with an official share capital of at least Rs 1 crore, the registration price is Rs 600.

Cost of Company Registration according to share capital

1. The following fees apply to applications for businesses whose maximum permitted share capital is Rs 25,00,000.

• Rs. 1,000 for OPCs and small businesses
• In the case of other companies, Rs 2000.

2. The following fees apply to applications for businesses whose authorized share capital exceeds 25,00,000 but does not exceed 50,00,000:

• In the case of OPCs and small businesses, Rs. 2500
• For other companies, Rs 5000.

3. The following fees apply to applications for corporations whose authorized share capital exceeds 50,00,000 but does not exceed Rs 5 crore.

• No cost for OPCs and small businesses
• In the case of other companies, Rs 10,000

4. The following fees apply to applications for corporations whose authorized share capital exceeds Rs 5 crore but does not exceed Rs 10 crore.

• No cost for OPCs and small businesses
• In the case of other companies, Rs. 15000

5. The following fees apply to applications for corporations whose authorized share capital exceeds Rs 10 crore.

• No charge for OPCs and small businesses
• Rs 20,000 for further businesses.

Conclusion 

The application fees for Company Registration and other associated paperwork determine the overall Cost of Registration in India. Companies with a current license under Section 8 of the Act would be assessed a Rs 2,000 cost. Small businesses and OPCs are exempt from payment obligations because they won’t be assessed any fees. Our consultants at Bizadvisors.io can provide you with extensive advice regarding your Cost of Company Registration.

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