Mumbai is the financial, entertainment, and commercial capital of India also it is on second number in terms of population, after Delhi. So, many startups are established here and achieve heights in the business world.
Most of the headquarters are located in Mumbai, such as RBI, and SEBI. The corporation procedure in Mumbai is done as per the guidelines of the Companies Act of 2013. The offices of the Registrar of Companies are in Mumbai as well as Pune. The following areas are covered under the jurisdiction of RoC Pune, these are as follows:
To register a company anywhere in India - read our dedicted article - Company Registration Process
Meanwhile, the RoC in Mumbai monitors the registration of companies in other districts. The process is regulated by the Ministry of Corporate Affairs and Central Registration Centre.
Registering a company in Mumbai is a 100% online process. However, India's most popular business structure is a Private Limited Company because it has additional benefits compared to other structures like OPC and limited company. Below, check other types of business structures that an entrepreneur can choose based on the goals and employees.
The types of company registration in Mumbai are as follows:
The following are advantages to register a company in India are as follows:
The following is the procedure to register a company in Mumbai, steps are as follows:
To register a company in Mumbai, with an application you have to submit some documents, so these are the following documents which are required:
PAN card
Aadhar card
Driving License
Voter Identity card
Passport
Utility bills not older than three months
Bank account statements
The current stamp duty rates of Mumbai depend on the area such as urban or rural. Although the current stamp duty rates are mentioned in the table below:
The registration charges in Mumbai are Rs. 30 thousand for a property worth Rs. 3 lakhs. The value of the property is 1% which is less than Rs. 3 lakhs.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
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