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HOW TO REGISTER AN AUTOMOBILE COMPONENT COMPANY IN INDIA?

by Tax Consultants

Call Our Experts: +91-72999-72500

Introduction: Drive Success by Registering Your Automobile Components Business

The Indian automobile sector is racing forward at full speed. With the rise of electric vehicles (EVs), government policies promoting domestic manufacturing, and increasing demand for quality parts, the automobile components industry has become a high-growth sector. If you are planning to manufacture or supply vehicle parts, accessories, or systems, it is crucial to legally register your automobile components company in India.

At Filing Point, we help engineering innovators and auto entrepreneurs build legally compliant businesses. With our step-by-step assistance, company registration, GST filing, and MSME documentation become easy and hassle-free. Call us today at +91-72999-72500 to get started with expert registration services tailored for the auto industry.

Automobile Components Sector—India’s Manufacturing Backbone

India is one of the world’s largest automotive markets, and its auto components industry contributes over 2.3% to the GDP. With global OEMs like Tata Motors & Mahindra, relying on suppliers, the demand for components such as engine systems, electrical parts, transmission assemblies, brake components, and EV modules is growing fast.

The industry also benefits from exports to Europe, the US, Africa, and Southeast Asia. But to participate in this supply chain, legal registration and formal compliance are essential. Registered companies gain access to tenders, vendor partnerships, and financing.

Selecting the Right Structure for Your Auto Parts Business

Before starting production or taking orders, it is important to establish your company legally. The choice of business structure influences your operations, investment potential, and liability.

Private Limited Company

Highly recommended for automobile component manufacturers or exporters. Offers:

  • Limited liability for promoters
  • Professional brand image
  • Easy access to institutional funding
  • Recognition from OEMs and Tier-1 vendors

One Person Company (OPC)

Suitable for individuals starting a small-scale unit or design-based venture. Offers full control with limited liability and simplified compliance.

Limited Liability Partnership (LLP)

Ideal for two or more technical founders looking to manufacture or design components collaboratively. Provides legal protection and operational flexibility.

At Filing Point, we do not advise launching as a Sole Proprietorship, Public Limited Company, or applying for a Shops & Establishment License or doorstep DSC. These options lack scalability or relevance in the modern manufacturing space.

Step-by-Step Guide to Register an Automobile Components Company in India

Step 1: Choose the Right Business Format

Our consultants guide you in selecting the most appropriate format—Private Limited, OPC, or LLP—based on your operational scale, number of partners, and funding goals.

Step 2: Decide a Unique Company Name

Your brand name should reflect engineering strength and not resemble existing companies. Filing Point checks availability and files SPICe+ Part A for name reservation with MCA.

Step 3: Get Digital Signature Certificates (DSC)

All proposed directors or partners must obtain DSCs to digitally sign incorporation forms. We complete this process quickly using online verification.

Step 4: Obtain Director Identification Number (DIN)

A DIN is mandatory for directors. We collect your proofs and submit the forms to get the DIN without delays.

Step 5: Draft the MOA and AOA for Your Auto Business

We prepare your Memorandum of Association (MOA) and Articles of Association (AOA) that outline your company’s purpose—be it manufacturing, supply, R&D, or design of automobile components.

Step 6: File the SPICe+ Incorporation Forms

Using SPICe+ Part B, we apply for:

  • Certificate of Incorporation
  • PAN and TAN
  • PF and ESI registration
  • GST application (if needed)

Your company is officially registered with the issuance of a Certificate of Incorporation, CIN, PAN, and TAN within 7–10 business days.

Open a Business Current Account

Once incorporation is complete, a current account is opened in your company’s name to accept vendor payments, manage expenses, and receive customer orders. Filing Point supports documentation and liaises with top banks.

Register Your Company Under MSME (Udyam)

Your components manufacturing unit or design consultancy is eligible for Udyam (MSME) registration, which offers:

  • Access to government tenders
  • Low-interest loans
  • Subsidies for machinery or R&D
  • Easier invoice financing

We help register your company under MSME and unlock all the benefits that come with it.

Apply for IEC – For Exporting Auto Components Globally

India exports parts like axles, gearboxes, chassis, wiring harnesses, and batteries to over 160 countries. To export, your company needs an Import Export Code (IEC) issued by DGFT.

We help you apply and receive the IEC, so you can:

  • Sell to overseas buyers
  • Receive foreign payments
  • Join global supply chains

GST Registration – A Must for Automobile Component Suppliers

Auto parts and accessories are taxable under GST. If you are supplying to OEMs, distributors, or B2B channels, GST registration is compulsory. It allows:

  • Legal invoicing
  • Input tax claims
  • e-Invoicing for B2B sales
  • Monthly return filing

Filing Point ensures that your GST registration is complete and helps with timely return filings.

Compliance After Incorporation – Stay Legal and Operational

Annual ROC Filings

As a registered company, you must file:

  • AOC-4: Annual financials
  • MGT-7: Annual return
  • ADT-1: Auditor details
  • DIR-3 KYC: Director updates

Our experts handle your ROC filings to ensure full compliance.

Bookkeeping and Tax Filing

Auto component companies manage high volumes of raw material, job work, packaging, and logistics. Our accounting services include:

  • Monthly bookkeeping
  • Profit and loss statements
  • GST and TDS computation
  • Tax audit preparation

Leading Registered Auto Component Companies in India

Some of the top registered component manufacturers in India include:

  • Motherson Sumi Systems – Electrical distribution systems
  • Endurance Technologies – Shock absorbers and suspension
  • Bosch India – Fuel systems, sensors
  • Varroc Engineering – Lighting and polymers
  • Sundaram Clayton – Brake and die-casting components

These companies began with formal legal registration. Your company can grow in a similar direction with the right foundation.

Call Our Experts: +91-72999-72500

Mistakes to Avoid

Starting an automobile component company without registration or compliance may result in:

  • Supplier rejection by OEMs
  • Disqualification from tenders
  • Inability to raise capital
  • Legal notices and penalties
  • Lack of input tax claims

Filing Point ensures that your business avoids such costly errors by providing end-to-end support.

Registration Cost and Timeline

We provide packages that include:

  • Legal consultation
  • Name reservation
  • DSC and DIN
  • SPICe+ incorporation
  • PAN, TAN
  • MSME, IEC, GST
  • ROC compliance

The process usually takes 7–10 working days, and our team ensures transparency and speed at every stage.

Why Choose Filing Point?

We specialize in company registration and compliance for businesses in automobile, engineering, and manufacturing sectors. Trusted by clients in Chennai, Coimbatore, Pune, Hosur, Bengaluru, and Gurugram, we offer:

  • Business structure advisory
  • GST, MSME, IEC, and compliance services
  • Accounting and tax management
  • Quick turnaround time
  • Fixed, transparent pricing

Final Words: Shift Gears with the Right Legal Setup

The automobile components industry in India is full of opportunity—but success begins with a legally registered company. Your ability to scale, export, and supply to major OEMs depends on the strength of your business foundation.

Let Filing Point help you register your automobile components company and stay compliant throughout your journey.

Call now at +91-72999-72500 to build your automotive dream on solid legal ground—with Filing Point, India’s expert company registration partner.

Call Our Experts: +91-72999-72500

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