Incorporate Your Company in Mumbai
Mumbai is India's financial capital and the base for many venture funds, angel networks, fintech, media and consumer brands. Founders here usually incorporate a private limited company because it is the only common structure that can issue shares to investors, run an ESOP pool, and take foreign investment cleanly.
CompanyFX sets up the company with the investor round in mind: the right authorised capital, a clean shareholding, articles that can be amended for a term sheet, and statutory registers maintained from day one.
Requirements
- At least two directors and two shareholders; one director resident in India
- No minimum paid-up capital
- A registered office in Mumbai: home, rented office or co-working space with NOC
- A unique name, checked against existing companies and trademarks
Documents Required
- PAN and Aadhaar of Indian directors and shareholders
- Passport and address proof of foreign directors, notarised or apostilled
- Recent bank statement or utility bill of each director
- Registered office utility bill and NOC from the owner or co-working operator
- Board resolution and incorporation documents for any corporate shareholder
Registration Process
- DSC and name: digital signatures for directors and name reservation through SPICe+ Part A.
- Charter documents: e-MoA and e-AoA drafted for your business; Maharashtra stamp duty paid online.
- SPICe+ and AGILE-PRO-S: incorporation together with PAN, TAN, GSTIN if required, EPFO, ESIC, Maharashtra professional tax and the bank account.
- Certificate of Incorporation: issued with CIN; the company falls under ROC Mumbai.
Planning for Investors from Day One
- Founder shareholding: issue shares at incorporation so founder ownership is clear before any investor arrives.
- ESOP pool: leave room in authorised capital and set up board processes for options.
- Foreign investment: FC-GPR reporting to RBI within 30 days of allotment, with valuation reports where needed.
- Clean records: statutory registers, minutes and filings in order, which is what investor due diligence checks first.
Not raising external money? An LLP in Mumbai may suit you better, with lighter compliance.
Serving Clients Across Mumbai
Bandra-Kurla Complex, Lower Parel, Worli, Nariman Point, Fort, Andheri, Powai, Goregaon, Malad, Vikhroli, Thane, Vashi and Belapur, all handled online.
₹7,999
Starting price
- DSC for two directors
- Name reservation
- MoA and AoA drafting
- Certificate of Incorporation
- PAN and TAN
- GST, PT, EPFO and ESIC through AGILE-PRO-S
Frequently Asked Questions
Can I use a co-working space in BKC or Lower Parel as the registered office?
Yes. A co-working desk or office can be the registered office if the operator provides a no-objection certificate and a recent utility bill or rent agreement in its name. Make sure the operator agrees to receive and forward official notices.
Can a foreign national or a foreign company be a shareholder?
Yes. Most sectors allow 100% foreign investment under the automatic route. Foreign directors need notarised or apostilled documents, at least one director must be resident in India, and share allotments to foreign investors must be reported to RBI in Form FC-GPR within 30 days.
How much authorised capital should a Mumbai startup choose?
Enough for the shares you will issue to founders at incorporation, plus headroom for an ESOP pool if you plan one soon. Stamp duty in Maharashtra and the MCA fee both rise with authorised capital, so we set it at a sensible starting level that can be increased when you raise funds.
How long does incorporation take in Mumbai?
Typically 7 to 15 working days, depending on DSC issue, name approval and MCA processing. Companies registered in Mumbai come under the jurisdiction of the Registrar of Companies, Mumbai.
What must be done after incorporation?
Open a bank account and receive share capital, file the commencement of business declaration (INC-20A) within 180 days, appoint the first auditor within 30 days, register for Maharashtra professional tax and Shops and Establishment, and keep statutory registers and board minutes from day one.
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