Private Limited Company Registration in Andaman & Nicobar Islands

A Private Limited Company (Pvt Ltd) is a formal business structure under the Companies Act, 2013. Pvt Ltd company registration offers limited liability (protecting owners’ personal assets), a separate legal identity, and perpetual succession, making it a strong and reliable choice for serious entrepreneurs.

In the Andaman & Nicobar Islands, this model is especially appealing, given the region’s growing economic opportunities in tourism, marine industries, blue economy, and infrastructure. Several factors make it a preferred structure:

• Tourism Growth – The Islands recorded around 7.1 lakh domestic tourists in 2024, reflecting strong and rising tourism demand.
• Improved Inter-Island Connectivity – Under the Andaman & Nicobar Island Connectivity Programme, the 26 km Andaman Trunk Road (NH‑4) has been upgraded for seamless traffic flow, improving inter-island connectivity.
• Marine Economy Strength – Marine products contribute around 85% of the Islands’ total exports, showing huge potential in fisheries, aquaculture, and blue-economy startups.

With rising opportunities and increased economic activity in the Andaman & Nicobar Islands, the Pvt Ltd structure stands out. This is because it offers credibility, easier fundraising, and a strong legal base for growing island-based businesses.

The Andaman & Nicobar Islands are seeing steady economic growth driven by tourism, hospitality, marine services, handicrafts, fisheries, wellness, and eco-friendly ventures. Because of this rising business momentum, entrepreneurs in the Union Territory prefer the Private Limited Company model. Some benefits of this structure include:

1. Limited Liability Protection: Your personal assets stay protected even if the business faces financial losses or legal disputes.
2. Separate Legal Identity: The company can independently own property, sign contracts, operate bank accounts, and raise loans. It functions separately from its owners.
3. Perpetual Succession: The company continues to exist even if directors or shareholders change. This ensures long-term business stability, important for Island-based businesses serving tourists and locals year-round.
4. High Credibility: Private Limited companies are trusted by banks and government bodies, helping businesses secure loans, partnerships, and tourism-related contracts easily.
5. Better Access to Funding: A Private Limited Company can raise capital through:

• • Equity and private investors
  • Bank loans
  • Government schemes such as:
    • Startup India incentives
    • CGTMSE collateral-free credit
    • UT-level MSME benefits for tourism, fisheries & handicrafts
    • Subsidies for eco-tourism & sustainable business activities

6. Easy Transfer of Ownership: You can transfer shares smoothly, making it simple to add new partners or investors.
7. Built for Growth: This structure is ideal for businesses looking to expand, including:

• • Resorts & homestays
  • Scuba diving and water sports companies
  • Seafood processing units
  • Travel agencies
  • Eco-friendly product brands
  • Wellness & Ayurveda centres

8. Stronger Governance: A Pvt Ltd framework promotes compliance and builds trust with customers, tourists, and B2B partners. This is crucial in high-trust sectors like hospitality and tourism.
9. No Minimum Capital Requirement: You don’t need large funds to start. Even ₹1 capital is enough to incorporate your company. This is especially helpful for new entrepreneurs, students, small service providers, and island-based startups to begin without a financial burden.

Entrepreneurs planning to register a Private Limited Company in the Andaman & Nicobar Islands must follow both UT-level regulations and Ministry of Corporate Affairs (MCA) guidelines. Below are the essential requirements for a smooth and legally compliant incorporation:

1. Registered Office in Andaman & Nicobar Islands: You must provide a valid residential or commercial address within the UT as your registered office. This address will receive all official communication from government authorities. You may use a temporary address during incorporation and update it later within 30 days through Form INC-22. For rented spaces, a No Objection Certificate (NOC) from the property owner is mandatory.
2. Directors and Shareholders: You need at least two directors and two shareholders for incorporation, and the same individuals can hold both roles. At least one director must be an Indian resident who has stayed in India for a minimum of 182 days in the previous financial year.
3. UT-Level Compliance in Andaman & Nicobar Islands: Depending on your business activity, you may require:

• • Trade License from the local municipal/gram panchayat authority
  • GST Registration for businesses operating in the Islands
  • Shops & Establishments license applicable under UT regulations

Businesses involved in tourism, scuba diving, hospitality, seafood processing, eco-tourism, transportation, and marine activities may require additional sector-specific approvals.

4. Drafting of MoA and AoA: The Memorandum of Association (MoA) defines your business objectives, while the Articles of Association (AoA) define internal company rules. Both documents are filed digitally using e-MoA (INC-33) and e-AoA (INC-34) through the SPICe+ form.
5. DIN for Directors: Every director must have a Director Identification Number (DIN). Through SPICe+, up to three DINs are issued automatically during incorporation.
6. DSC for Digital Filing: All directors and shareholders must have a Digital Signature Certificate (DSC) to sign and submit documents electronically on the MCA portal.
7. PAN and TAN Allotment: The company’s PAN and TAN are allotted automatically after incorporation through the SPICe+ process. There is no need for separate applications.
8. Minimum Age Requirement: Each director must be at least 18 years old. There is no upper age limit for forming a company.
9. Unique Company Name: Your company name must be unique and MCA-approved. It cannot be identical to or confusingly similar to any existing company, LLP, or registered trademark in India.
10. Authorized Capital Declaration: You must declare your authorized share capital, which represents the maximum shares your company can issue. There is no minimum paid-up capital requirement under the current law.
11. KYC-Compliant Documents: All directors and shareholders must submit valid identity and address proofs such as PAN, Aadhaar, Passport, or Driving Licence. Foreign nationals must provide notarized or apostilled documents as per MCA norms.

Registering a Private Limited Company in the Andaman & Nicobar Islands is a completely online process through the MCA portal (mca.gov.in).

Below is the step-by-step process:

Step 1: Obtain a DSC and a DIN

• Get a DSC for all directors and shareholders. This allows you to sign incorporation documents electronically on the MCA portal.
• Get a DIN by filing the SPICe+ form during incorporation.
• First-time directors do not need to apply for DIN separately, as it gets automatically allotted through the SPICe+ form.

Step 2: Reserve a Unique Company Name

• Pick a unique name that isn’t identical or too similar to any existing company or trademark.
• You can use the Reserve Unique Name (RUN) service or fill out the SPICe+ (Part A) form on the MCA portal to apply for name reservation. The RUN (Reserve Unique Name) service is now only available to existing companies (e.g., for name changes).
• Keep 2–3 backup names ready in case the MCA rejects your first choice.

You can choose the perfect name for your company using the company name check tool.

Step 3: Draft the MoA and AoA

• The MoA defines the objectives of your company.
• The AoA defines your company’s internal rules and management structure.
• Draft both documents carefully and upload them via the MCA portal during SPICe+ filing.

These documents create the legal foundation of your company in the Andaman & Nicobar Islands.

Step 4: File the SPICe+ Form for Incorporation

A SPICe+ form (Simplified Proforma for Incorporating Company Electronically Plus) is a single integrated form that simplifies the incorporation process. It includes applications for PAN, TAN, EPFO registration, ESIC, and bank account opening.

• Fill the SPICe+ form via the MCA portal to apply for DIN, PAN, TAN, and certificates, including incorporation.
• Provide key details such as directors’ and shareholders’ information, the registered office address in Andaman & Nicobar Islands, and the company’s share capital.
• Attach supporting documents such as address proof, identity proof, and No Objection Certificate (NOC) from the property owner (if rented).

Note: The SPICe+ form is integrated with AGILE-PRO-S, enabling simultaneous registration for EPFO, ESIC, GSTIN, and opening a bank account.

Step 5: Receive the CoI

• Once approved by the Registrar of Companies (RoC) Chennai, your company will be officially incorporated.
• Download the digitally signed Certificate of Incorporation (CoI).
• Your CoI includes a Corporate Identity Number (CIN).
• You will also receive your company’s PAN and TAN, which serve as official proof of your company’s existence in the Andaman & Nicobar Islands.

Ready to register your Private Limited Company in Andaman & Nicobar Islands?
Let RegisterKaro handle everything, from documentation to MCA filing, to ensure a quick, smooth, and hassle-free incorporation anywhere across the islands.

To register a Private Limited Company in the Andaman & Nicobar Islands, the MCA requires a set of documents from Indian citizens, foreign nationals, and for the proposed registered office.

For Indian Directors and Shareholders

• Self-attested copy of Aadhaar Card, Voter ID, Driving License, or Passport as identity proof
• Self-attested copy of PAN Card
• Recent utility bill or bank statement (not older than 2 months) as address proof
• Digital Signature Certificate (DSC) of directors
• Passport-size photograph of each director and shareholder

For Foreign Nationals

• Residential address proof, such as a utility bill, bank statement, or driving license (not older than 2 months)
• Notarized and apostilled copy of Passport (mandatory)
• Passport-size photograph
• DSC for foreign directors, which must be obtained in India
• Notarized and translated documents in English if they were originally issued in another language

For the Registered Office in Andaman & Nicobar Islands

• Ownership documents or a valid rent agreement, along with a No-Objection Certificate (NOC) from the property owner
• A copy of the latest electricity bill, water bill, or property tax receipt as proof of the registered office address

Note: In remote island regions, digital or scanned copies are acceptable during the initial filing, but original documents may be required later for verification.

Having these documents for Private Limited Company registration ensures smooth verification and approval by the RoC.

A Simple Checklist of All the Documents You Will Need

• Address proof (utility bill, bank statement, or government-issued ID)
• PAN Card of all Indian directors and shareholders
• Passport (for foreign nationals)
• Digital Signature Certificate (DSC)
• Passport-sized photographs

Registering a Private Limited Company in the Andaman & Nicobar Islands involves MCA fees along with professional service charges. The total cost may vary depending on the number of directors, capital structure, and state-level compliances required within the Union Territory.

Below is the detailed fee breakdown:

Note: Stamp duty in the Andaman & Nicobar Islands is generally lower compared to many Indian states. It usually ranges from Rs. 135 to Rs. 15,020 for an authorized share capital up to Rs. 1 lakh. The exact amount may vary based on share capital and UT-specific regulations.

Hidden or Additional Costs to Consider in Andaman & Nicobar Islands

Even though most charges are straightforward, some additional expenses may arise:

• Notarization and attestation of identity/address documents
• Resubmission charges in case of documentation errors during MCA filing
• Increased stamp duty if the authorized share capital is raised
• UT-specific registrations such as GST, Trade License, Shops & Establishments registration (depending on business type)
• Courier or document shipment costs due to island logistics

After your Private Limited Company is incorporated in the Andaman & Nicobar Islands, several post-registration compliances must be completed under the Companies Act, 2013. These ensure your company remains legally compliant and operationally sound.

1. Opening a Company Bank Account

Open a current account in your company’s name at any recognized bank located in the Andaman & Nicobar Islands. This bank account is essential for all financial transactions, including depositing share capital and managing day-to-day business operations.

2. First Board Meeting Within 30 Days

Conduct the first board meeting within 30 days of incorporation.

Key discussions include:

• Appointment of the first auditor
• Approval of statutory registers
• Issuance of share certificates

You must also file Form ADT-1 with the RoC Chennai to formally record the auditor’s appointment.

3. Appointment of the First Auditor

Appoint the company’s first auditor within 30 days of incorporation, as required under Section 139 of the Companies Act, 2013. The auditor ensures proper accounting practices, financial transparency, and statutory compliance.

4. Issuance of Share Certificates

Issue share certificates to all shareholders within 60 days of incorporation. This should only be done after the company’s bank account receives the share capital amount.

5. Filing for Commencement of Business (Form INC-20A)

Submit Form INC-20A with RoC Chennai within 180 days of incorporation. This declaration confirms that the company has received its share capital and is ready to begin business operations legally.

6. Annual Compliance to Keep in Mind

Every Private Limited Company registered in the Andaman & Nicobar Islands must fulfill annual compliance obligations under the Companies Act, 2013. Key Private Limited Company compliance includes:

• Filing annual return (Form MGT-7), which includes details of directors, shareholders, shareholding changes, and company structure.
• Filing financial statements (Form AOC-4), which requires submitting the balance sheet, profit & loss statement, and all relevant financial documents to ensure statutory transparency.
• Conducting at least two board meetings every year to help review business performance, approve compliance actions, and plan growth strategies.
• Maintaining statutory registers and updated records, keeping the Register of Members, Register of Directors, Register of Charges, and other mandatory records updated at the registered office in the Islands.

Staying compliant helps your company avoid penalties, build trust with banks and investors, and maintain a strong legal standing in the Andaman & Nicobar Islands.