Many businesses avoid incorporating a private limited company because they believe that it is an expensive process. Know more about the Cost of starting a Private Limited Company. However, with the introduction of online company registration, the cost scenario has significantly changed for the better. Nowadays, company incorporation can be completed in a short period at a significantly lower cost. 

Additionally, the MCA has waived off incorporation fees for all those start-ups with an authorized capital of up to ₹15, 00,000. This drastically brings down the cost of incorporation for those looking to establish a micro business in India.

Forming a Private Limited Company

The cost of forming a PVT Ltd company in India is determined by a variety of factors, from authorised capital to the number of partners, to stamp duty.

Many young entrepreneurs are sceptical about forming a private limited company due to misconceptions about the costs involved. This misconception may have been true even five years ago, but with the advent of online company registration, new enterprises can easily form a private limited company without burning a hole in their pockets.