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Get your business registered now for a short space of time with SOFTRE
Get your business registered now for a short space of time with SOFTRE
One of the most common types of corporate entities in India is a private limited company, or Pvt. Ltd.A minimum of two directors or individuals make up the group. The goals in the Memorandum of Association and Articles of Association serve as the definition for Private Limited Company registration in India.The company entity may be held by a group of individuals known as shareholders, with a minimum of two shareholders. 200 people can subscribe to a private limited corporation at most. A private limited business no longer exists after surpassing the cap and transforms into a public limited corporation with more onerous compliance standards.Indian startups and enterprises typically choose a Private Limited Company because shareholders determine the company’s ownership, making it ideal for attracting investment and building up to new heights.Through the 2013 Companies Act, a private limited company is acknowledged as a company. Please visit the website mca.gov.in to learn more about the regulating body, the Ministry of Corporate Affairs.
One of the most common types of corporate entities in India is a private limited company, or Pvt. Ltd.A minimum of two directors or individuals make up the group. The goals in the Memorandum of Association and Articles of Association serve as the definition for Private Limited Company registrationin India.The company entity may be held by a group of individuals known as shareholders, with a minimum of two shareholders. 200 people can subscribe to a private limited corporation at most. A private limited business no longer exists after surpassing the cap and transforms into a public limited corporation with more onerous compliance standards.Indian startups and enterprises typically choose a Private Limited Company because shareholders determine the company’s ownership, making it ideal for attracting investment and building up to new heights.Through the 2013 Companies Act, a private limited company is acknowledged as a company. Please visit the website mca.gov.in to learn more about the regulating body, the Ministry of Corporate Affairs.
Utility Bill must be the most recent and be no older than 30 days.
NOC from owner of premises + Rental agreement OR sale deed
Signed Declaration (s) from Promoter.
Email of company
Mobile of company
Bank statement or passbook with transactions recorded that are less than 30 days old
Recent 30-day electricity bill in the promoter’s name
Any mobile bill that is less than 30 days old, such as a phone bill
Utility bills with promoters’ names on them, such as a recent Gas Bill
Photographs of Directors,
PAN Card of Each Director,
AADHAAR,
Passport if available,
Address Proof of Promoter ,
Mobile Number (personal),
Email (personal)
Utility Bill must be the most recent and be no older than 30 days.
NOC from owner of premises + Rental agreement OR sale deed
Signed Declaration (s) from Promoter.
Email of company
Mobile of company
Bank statement or passbook with transactions recorded that are less than 30 days old
Recent 30-day electricity bill in the promoter’s name
Any mobile bill that is less than 30 days old, such as a phone bill
Utility bills with promoters’ names on them, such as a recent Gas Bill
Photographs of Directors,
PAN Card of Each Director,
AADHAAR,
Passport if available,
Address Proof of Promoter ,
Mobile Number (personal),
Email (personal)
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According to the 2013 Companies Act, we must ensure that the requirements specified on the checklist are met.
Two Directors:
A private limited company can have a maximum of fifteen directors or a minimum of two. At least one Indian citizen must be among the board of directors of the company.
Distinctive Name:
The name of your business must be unique. The proposed name cannot be the same as any companies or trademarks that have already been registered in India.
Minimum Capital Contribution:
There is no predetermined minimum capital requirement for companies. A firm needs to have at least one lakh in authorized share capital.
Registration Address:
The registered office of a firm need not be a place of business. The registered office may also be situated in a rented property if the landlord offers a NOC.
According to the 2013 Companies Act, we must ensure that the requirements specified on the checklist are met.
Two Directors:
A private limited company can have a maximum of fifteen directors or a minimum of two. At least one Indian citizen must be among the board of directors of the company.
Distinctive Name:
The name of your business must be unique. The proposed name cannot be the same as any companies or trademarks that have already been registered in India.
Minimum Capital Contribution:
There is no predetermined minimum capital requirement for companies. A firm needs to have at least one lakh in authorized share capital.
Registration Address:
The registered office of a firm need not be a place of business. The registered office may also be situated in a rented property if the landlord offers a NOC.
Depending on the number of Directors, Members, Authorized Share Capital, and Professional Fees, the cost of Private Limited Company Incorporation / Registration of Pvt Ltd Company would range from INR 5,000 to INR 20,000+
Depending on the number of Directors, Members, Authorized Share Capital, and Professional Fees, the cost of Private Limited Company Incorporation / Registration of Pvt Ltd Company would range from INR 5,000 to INR 20,000+
In India, the Registrar of Companies (RoC), which is a division of MCA, requires applicants to follow by a few naming conventions.Because some of them are arbitrary, the officer evaluating your application may choose whether or not to approve it.. However, your chances of acceptance are increased the more closely you follow to the guidelines provided below.
The name should not be identical to another name or be protected by a trademark in its first section. The business sector should be described in the second portion or suffix. The name is going to Amazon Internet Services Private Limited, as an illustration
Abbreviations, adjectives and generic words are rejected.
For specialised guidance on obtaining the legal name for your business, contact us.
In India, the Registrar of Companies (RoC), which is a division of MCA, requires applicants to follow by a few naming conventions.Because some of them are arbitrary, the officer evaluating your application may choose whether or not to approve it. However, your chances of acceptance are increased the more closely you follow to the guidelines provided below.
The name should not be identical to another name or be protected by a trademark in its first section. The business sector should be described in the second portion or suffix. The name is going to Amazon Internet Services Private Limited, as an illustration
Abbreviations, adjectives and generic words are rejected.
For specialised guidance on obtaining the legal name for your business, contact us.
You Must First Provide Us With The Following Information:
The Documents Required Are:
To register a One person Company, it takes minimum of 5 working days* to process if all documents are received without any issues.
The issues arise when there is name mismatch between identity documents of directors.
We will help you with all the documents through our Documents verification team.
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Registering a business has a lot of benefits. If you register your company, it will seem more legitimate. Your business gains from this:
Safeguards from additional risks and losses as well as personal responsibility.
More successfully attract clients
Liability insurance is readily available from respected investors and banks, protecting the financial resources of your company.
Increased stability and investment in capital
Increases the possibility of expansion and growth.
Registering a business has a lot of benefits. If you register your company, it will seem more legitimate. Your business gains from this:
Safeguards from additional risks and losses as well as personal responsibility.
More successfully attract clients
Liability insurance is readily available from respected investors and banks, protecting the financial resources of your company.
Increased stability and investment in capital
Increases the possibility of expansion and growth.
According to the 2013 Companies Act, we must ensure that the requirements on the checklist are met.
Two Directors: There must be at least two and no more than fifteen directors in a private limited corporation. At least one Indian citizen must be among the board of directors of the company.
Special Name: The name of your business needs to stand out. Any businesses or trademarks that have previously been registered in India cannot share the same name as the one being proposed.A firm is not required to contribute any minimum amount of capital. A company needs at least Rs. 1 lakh in authorised capital.
Registered Office: A firm need not have a physical location for its registered office. Even a rented home may be used as the registered office if a NOC is in place, provided that a NOC is acquired from the landlord.
According to the 2013 Companies Act, we must ensure that the requirements on the checklist are met.
Two Directors: There must be at least two and no more than fifteen directors in a private limited corporation. At least one Indian citizen must be among the board of directors of the company.
Special Name: The name of your business needs to stand out. Any businesses or trademarks that have previously been registered in India cannot share the same name as the one being proposed.A firm is not required to contribute any minimum amount of capital. A company needs at least Rs. 1 lakh in authorised capital.
Registered Office: A firm need not have a physical location for its registered office. Even a rented home may be used as the registered office if a NOC is in place, provided that a NOC is acquired from the landlord.
A total 45 classes can be used to group product and services. You must indicate the class(es) on your trademark application based on the goods and services you are marketing because each class has a lengthy list of goods and services. The trademark would only be registered and protected under those classes.
If your trademark contains geographical names, everyday words, would hurt religious sentiments, or is the exact same as an application that already exists. It would also be disregarded if it was likely to confuse.
As soon as you submit the form and receive an acknowledgement, you can use the TM symbol. Once the registration procedure is complete, you can use the ® symbol.
Even if your brand name has already been registered, it may still be used in a different class. Unless the brand is extremely well-known, your application will likely be accepted.
You cannot access the word, but all is not lost. Instead, you might design a unique logo for your business that incorporates the name. There is a solution, although it would be best to have a unique name.
The following prerequisites must be satisfied in India before a private corporation can be registered:
1. There must be a minimum of two directors, one of whom must be an Indian citizen.
2. There must be a minimum of 2 shareholders for this registration. In this situation, an individual may choose to hold the positions of both shareholder and director.
3. An Indian company must have its registered office at that address.
A permitted capital amount of at least INR 1 Lakh must be provided for registration. The government has opted to do away with the minimum paid-up capital requirement as part of its effort to simplify the procedure for registering a business in India. However, each shareholder must subscribe for at least 1 share during the registration process in order to introduce the required amount for business operation.
To come up with a firm name, apply the technique described above. Applicants may list up to two names on the RUN form in the order of their preference. The Act or the regulations must be followed by the applicant. The registrar may ask that the application be resubmitted with a different name in the event that names do not satisfy the standards of originality, relevance, or other requirements.
After obtaining a Director Identification Number, any natural person who is at least 18 years old may join the organisation as a director (DIN). The job of director is also open to international individuals since there are no specific requirements regarding citizenship or residency. Up to three DIN can be requested by combining the application for the establishment of a firm with the application for DIN allocation.
The Ministry of Corporate Affairs issues a Director Identification Number to individuals in whose names applications are made, allowing them to act as Designated Partners in LLPs or Directors in any organization.
Certified authorities provide a token with a digital signature certificate. The applicant’s DSC must be included with any form filed for online company registration in India. Additionally, subscribers to MOA must have DSC in order to submit e-forms for incorporation, and directors must have DSC in order to apply for DIN.
Authorized capital is the maximum amount of capital that a company can currently or in the future raise through the issuance of shares. On the other hand, Paid-Up Capital refers to the actual amount that a company raises, which is the amount that shareholders pay when shares are issued. In India, a company may be registered with any paid-up capital that is not less than, equal to, or greater than the authorized capital.
A Private Company may operate more than one business, provided that each business is stated in the MoA and received registrar approval. The company may list multiple companies that are involved in the same industry or are of a similar kind. Unrelated activities cannot be registered under the same firm, such as fashion designing, event management, or construction.
You can register a private company at either your home or place of business by providing the required documentation. Any correspondence from the MCA or other relevant authorities, if any, is delivered to a company’s registered office. This address can be seen on the Ministry portal as well.
NRIs or foreigners are allowed to own shares as long as they abide by the FDI requirements. However, the corporation will become a foreign business if foreign ownership exceeds 50%.
Once the company has been registered, it should give top importance to the following requirements:
opening a business current account within 30 days of getting a PAN card.
Appointing a Statutory Auditor and depositing the paid-up capital stated during registration
Distribution of shares and issues
The Company shall conduct at least four board meetings and one annual general meeting (AGM) per financial year (one in each quarter). The finances and financial statements must also be independently audited. Then, within the allowed time, it must file forms AOC – 4 and MGT – 7 as part of Annual Compliance.
