Mandatory Annual Filings
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One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners will manage it. On the other hand, a private limited company registration allows for directors and shareholders to be separate entities.
As your dependable legal advisor, Khata Dekho offers a cost-efficient service for registering your company in India. We handle all legal procedures and ensure compliance with the regulations set forth by the Ministry of Corporate Affairs (MCA). Upon successful completion of the pvt Ltd company registration process, we provide you with an Incorporation certificate (CoI), as well as PAN and TAN documents. With these in hand, you can easily establish a current bank account and commence your business operations.
There are numerous advantages to registering a company. By doing so, you enhance the credibility of your business, which can lead to increased consumer trust. Additionally, company registration online can provide various benefits that can help your business to grow and succeed.
Registering a company in India has become incredibly convenient and accessible. At Khata Dekho, we have simplified the process to ensure a seamless experience, whether you want to register a private limited company or any other business structure. You can gain comprehensive insights into the registration procedure with few essential steps. The online registration system has made the entire process user-friendly and streamlined, eliminating any hassles.
State | April | May | June | July | August | September (Till Now) |
---|---|---|---|---|---|---|
Maharashtra | 12,345 | 13,456 | 14,567 | 15,678 | 16,789 | 15,890 |
Delhi | 10,123 | 11,234 | 12,345 | 13,456 | 14,567 | 13,678 |
Karnataka | 9,876 | 10,987 | 11,109 | 12,121 | 13,133 | 12,234 |
Tamil Nadu | 8,678 | 9,789 | 10,890 | 11,901 | 12,912 | 11,011 |
Gujarat | 7,567 | 8,678 | 9,789 | 10,890 | 11,901 | 10,912 |
Andhra Pradesh | 6,456 | 7,567 | 8,678 | 9,789 | 10,890 | 9,901 |
Kerala | 5,345 | 6,456 | 7,567 | 8,678 | 9,789 | 8,890 |
Members According to the applicable Act, a private limited company must have a minimum of two members, with a maximum limit of 200 shareholders.
Number of directors As per the Act, a private limited company is required to have a minimum of two directors, while the maximum number of directors allowed is 15.
Limited liability In a private limited company, the liability of its members or shareholders is limited. This means that in the event of company losses, shareholders are not personally liable to sell their personal assets for repayment. They are only responsible for the amount of shares subscribed or the guaranteed amount agreed upon.
Perpetual succession Perpetual succession ensures that a private limited company continues to exist legally, regardless of factors such as insolvency, bankruptcy, or the death of any of its members. The company’s existence is perpetual.
Authorized and paid-up share capital A private limited company must have an authorized share capital of at least ₹1 lakh. The amendment to the Companies Act removed the requirement for a minimum paid-up share capital.
Name The name of a private limited company should include the words ‘private limited’ at the end. For example, if the company name is ABC, it should be written as ‘ABC Pvt. Ltd’ in official communications and registration forms.
Prospectus A prospectus provides a detailed statement about the company’s status and affairs. However, a private limited company cannot issue a prospectus since it is not permitted to invite the public to subscribe to its shares.
Index of members A private limited company is not obligated to maintain an index of its members according to the Act. Conversely, a public company is required to maintain such an index.
Free Consultation and Documentation
Our Expert team resolve your queries. Our consultation is completely free. I help you with finalizing which type of company you need to incorporate – Private limited, Limited Liability partnership or One person Company.
Action Required by you
You Need to fill up the draft, Make Payment and Submit Documents to Khata Dekho
Action By Khata Dekho
Once the Documents are uploaded we’ll start the step -by-step process of Incorporation
Once a company is registered, it must undertake several responsibilities. These include filing taxes, submitting annual reports, maintaining precise accounting records, and complying with both employment and safety standards.
1. Put into action your organisation’s paperwork.
2. Set up a business banking account.
3. Establish a registered office and acquire a Corporate Identity Number (CIN).
4. Hire an accountant and auditors.
5. Develop a website and devise marketing strategies.
6. Attain startup recognition.
7. Register your trademark and apply for GST.
To understand the eligibility for pvt ltd company registration, one must know any individual or group of individuals, including foreigners, can be eligible to form a Private Limited company in India. However, there are certain criteria that need to be met, such as having at least two directors and two shareholders. The shareholders can be individuals or corporate entities.
Typically, only start-ups that will not be scrutinized for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.
The cost of Private Limited company registration in India can vary depending on various factors, such as the authorised capital of the company and the professional fees charged by the consultants or Chartered Accountants involved in the company registration process. It is recommended to consult a professional to get an accurate estimate of the costs involved.
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