GST Registration

Important Decisions to Register a Company

Minimum Requirements for Company Registration

 



GST Registration


Import Export Code


Trademark Registration


MSME Registration


Shop & Establishments Registration


Professional Tax Enrollment

 

Documents Required For Company Registration

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NOC from owner

No Objection Certificate from owner(s) of the premises of registered office.

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Photograph

Latest Passport size Color photograph of all the promoters (Shareholders and Directors)

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Registered office Proof

Latest & Clear Telephone Bill/Electricity Bill/ /Water/Gas Bill of the registered office address

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Pan Card

PAN Card of all shareholders and Directors. Foreign nationals must provide a valid passport.

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Address Proof

Latest Bank Statement/Telephone Bill/Electricity or Gas Bill/Water Bill of Shareholders and Directors

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Identity Proof

Any of the following ID: Passport, Voter ID/Driving License of Shareholders and Directors.

Get GST Registered in 4 Steps



For cases where all the proposed directors or shareholders are Indian citizens and ordinarily residents of India. Must be in India at the time of documentation.

This pack covers cases of NRI/PIO, resident outside India and the proposed company is with No Repatriation BenefitThis package is for cases involving any foreign citizen, whether resident or non-resident & to incorporate a subsidiary of the foreign corporation. 

Popular Packages for Company Registration

Six Stages of Company Registration in India

Capture 1

Start with placing an order with us. We have ready-made plans for you. For any help contact us

2

Then arrange the required documents and submit them online to us. Visit: Submit Documents Online.

3

We would make an application for the issue of digital signature for all the promoters.

4

Then proceed for Name Availability Check and Drafting of the main business objective of the company.

5

Well, now draft the MOA & AOA of company and file Spice Plus form for Incorporation of the company.

6

Finally, the ROC shall issue the certificate of Incorporation, ePAN & TAN. Your startup is set for business now.

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Advantages & Disadvantages of Private Limited Company

  1. Limited Liability implies that the owners or shareholders of the company are not personally liable to pay debts of the business. They are only responsible for the unpaid shares of the capital of the company. In order to reap the Limited Liability Benefit, the owner needs to comply with all laws.
  2. Perpetual Existence implies that the company is unaffected by the death of the owner or the transfer of its shares to a new establishment. The best part of perpetual existence is that a company will continue to exist, no matter how many directors, officers, and shareholders join or leave.
  3. The shares of a company are considered as movable property and are freely transferable. A shareholder can transfer shares to any person by just executing a share transfer form and handing over the share certificate of the Company. However, such share transfer must be done under the applicable provisions of the articles of association.
  4. The companies can be sold or transferred in its entirety, and the entire process of selling the company is easy and straightforward. You must have seen many exits at a very high premium price to the potential buyer of the company, for example, the sale of Flipkart to Walmart.
  5. Like a person a private limited company can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its own name. Moreover, no claim can be made upon the property of the company by the shareholder as long as it exists.
  6. The tax rate for a company incorporated in India is the lowest in the world. For a manufacturing company, the tax rate is 15% whereas for all other kinds of companies such as trading, services etc. the Income Tax Rate is 22%. There are some nominal surcharge and cess on and over the above said corporate Income Tax Rates.
  7. Raising money in a proprietary concern, partnership, or LLP is complicated and cumbersome. A company can get investment from a closed group of people up to 200 shareholders by way of private placement is straightforward for a company. The company can either allot new shares to the investors/angel investors on a price higher than the valuation of the stock. Since the companies act prescribes a clear and precise method to raise funds; hence this is a preferred choice for new startups
  8. Traditionally the FDI comes to a company form of business, and The Indian companies may allot new shares to an overseas investor, or enter into a joint venture and create a new company for a specific purpose. When it comes to funding and FDI, the company is the best choice.
  9. Private Limited Companies enjoy the advantage to carry out legal proceedings and to bring a suit in the court of law. Just like any other type of person, a company being an independent legal entity, can initiate legal action against any other person and similarly can be sued in the court of law.

  1. The private limited companies can not issue shares to the public at large because of two main reasons. The maximum number of the shareholder in a private limited company can be only up to 200, and a private limited company can not issue prospectus neither it can advertise calling public at large to subscribe to its shares. In case you wish to avail the benefits of the public issue, then you should incorporate a public limited company.
  2. The details of the company are available for public inspection and view at the website of the ministry of corporate affairs. On payment of a nominal fee, any person can obtain copies of the records of a company from the MCA. Every year a company is required to file an annual return after its AGM, the forms submitted at the time of filing the annual return is also available for public view. The data of a private limited company thus can be used by competitors. Though in a way, we can say that this is not a disadvantage because stakeholders can very well verify the genuineness of a company.
  3. Every company is required to get its books audited at the end of the financial year, and file ROC Returns after holding the annual general meeting of the company. For the companies which are doing good business and growing, the audit and statutory disclosures are in a way useful to protect the interest of the shareholders of the company. However, where the number of transactions is meagre and in some cases where the company is in losses, the legal cost of compliance is high if you compare with an LLP Form of business. Hence, where the scale of operations is going to be less, then we recommend registering an LLP.
  4. The concept of a company involves investment by several persons in the company and with the dilution of the stake the control on the company also weakens as other stakeholders will also have a proportional say in the decision making. Though most of the decisions of the company can be taken by a simple majority vote in the shareholders meeting, however for certain critical decisions, a special resolution is required. For passing a special resolution consent of 75% or more is needed.
  5. A private limited company is a closed group of people; hence the entry of outsiders is restricted. The new issue of shares needs to be offered first to the existing shareholders before selling to outside investors. Similarly, for the transfer of shares to any third party, the consent of the board of directors is required.

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