Company incorporation establishes a separate legal identity and limited liability enabling fundraising and statutory compliance.
Company incorporation confers a separate legal identity, limited liability, perpetual succession, and improved access to funding. Core company types include private limited companies for multi investor growth, one person companies for sole entrepreneurs with nominee arrangements, and Section 8 non profit companies that must retain surpluses for charitable purposes and may receive tax benefits. The incorporation process requires DSCs and DINs, name reservation via RUN or SPICe+, drafting and filing of the Memorandum and Articles of Association, payment of registration fees and stamp duty, and receipt of a Certificate of Incorporation; thereafter statutory annual filings, board meetings, tax compliance and audit obligations apply. (AI Summary)