Yes, you can show your own residential or rented home address as the registered office address of the Company. If you take a place for rent, and the bills are in the owner’s name, a ‘No Objection Certificate’ is required from the owner of the property.

Director: Any Individual over 18 years of age - Indian, NRI, Foreigner, Resident in India (May or may not be shareholder in the company). At least one of the Directors must be a resident in India.
Shareholder: Any Individual over 18 years of age, Any body corporate (PLC, LLP, OPC, Public Company, Foreign Company, Trust, etc.). At least one of the shareholders must be a resident in India.
The term 'resident in India' means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one financial year.

A private limited company must have at least two directors and shareholders, and can have a maximum of 15 directors and 200 shareholders. The directors and shareholders can be same or different people.
At least one of the Directors show be a Resident in India.

No, the complete process can be carried online. Wazzeer has developed Standard Operating Processes that seamlessly delivers Business Registration 100% online. We might need you sign a few documents and courier the hard copies.

Broadly, the name has three components:

• Unique component: This is the prime name of your company. It should be unique, not already been trademarked, and should not contain phrases and words that are blacklisted by the RBI. Even if a name meets the these criteria, the RoC might reject the name application on grounds of it being similar to already existing names.
• Description of business: There should be a word or phrase which follow the Unique Component of the name which describes or indicates the main business of the Company. Some of the popular descriptive words are Technology/ies, Internet of Things, Chemicals, Builders, etc. The words bank, exchange and stock exchange, unless approved by RBI or SEBI, would also be rejected.
• Suffix: A Private Limited Company should Compulsorily have a Suffix Private Limited (Pvt. Ltd.). A Limited Liability Partnership Firm will have a suffix LLP and an One Person Company will have a suffix (OPC) Private Limited

Things to keep in mind while selecting the unique component of the name:

• It must be short and simple: The name must be concise and not be too long. People should be able to say it easily and they should be able to recollect your company’s name the first time they read it or hear it
• It must be meaningful: The name of the company should be related to the business. It must fit the company’s branding.
• It must be unique: The name of the company mustn’t be the same or identical to an already existing company or a trademark. One must preferably avoid the plural version

With the amendments to the Companies Act in 2015, there is no prescribed minimum paid up capital amount. You can choose how much do you want to start your company with and go up to a maximum of the Authorised Share Capital (again decided by you). However, as a general practice, most entrepreneurs start the company with a paid up capital of Rs 1 lakh.

The DSC is an instrument issued by certifying authorities (TCS and n-Code are two of them) by which you can sign electronic documents. No person can be appointed as a Director without DIN and having duplicate DIN is an offence. DSC to be PAN encrypted as going forward, all filings relating to Income Tax has to be done by a director who’s DSC is PAN encrypted.

Director Identification Number (DIN) is a mandatory document for all directors (or proposed directors) of a company. It is an 8-digit Unique Identification Number allotted to all directors. This is issued by Central Government and has lifetime validity.

Yes, a private limited company must appoint an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation.

Memorandum of association is a document that regulates a company's external activities and must be drawn up on the formation of a registered or incorporated. As the company's charter, it (together with the company's articles of association) forms the company's constitution. Article of Association is a document where the articles are the regulations for the management of registered companies that governs the running of a company. It sets out the voting rights of the shareholders‟ and directors‟ meetings, powers of the management, etc.

We have covered this extensively in our blog. You can access that here.