Title: Company Registration Procedures in Bangalore
1Company registration procedures in Bangalore
2Company registration in Bangalore
- The most popular place for starting your new
business start up is Bangalore city. There are
many peoples from different places have started
their new company in Bangalore. Most of the
important information technology placed companies
are located in Bangalore. Every new companies
have their plan for secured business and safe
transactions. Bangalore is the second largest
information technology companies in India. Once a
company is confirmed their business in Bangalore,
then the business service will be developed in a
few months.
3Company registration Procedures in Bangalore
- Today, people may be know about the types of
business they are going to proceed. But not
everyone have the knowledge of the company
registration procedures. Based on the business
requirements and the nature of jobs included the
legal form for the business can be choose. The
company registration have certain regulations. As
you know there are various types of business is
existing in India to get register in any specific
legal form as per the guidelines. - If you dont have a knowledge about your new
company registration process. It is advisable by
approaching a Company registration consultants in
Bangalore. They will give you a guidance of your
registration procedures. Some people many not
have the plans to execute their business deeds in
the right way. So those people will get help for
the business services from consultants like
Solubilis in Bangalore. We are the leading
company registration consultancy focusing to the
market of business registration only in the city
for our precious investor in Bangalore. Mostly
the private limited companies are suggested and
preferred for many business people in India.
4Company Registration Types in Bangalore
- Before starting a business it is very crucial for
the business person to set up a blueprint of his
business. It contains a business plan which act
as a way for planning. Starting a company in
Bangalore requires one to decide a form of
business entity. In India one can select from
five different kinds of legal entities to manage
business. - This involves Limited Liability partnership
(LLP), One Person Company, Private Limited
Company, Public Limited Company, Partnership
Firm and Sole Proprietorship. The most important
documents is to be submitted in Memorandum of
Association (MOA) and Articles of Association
(AOA) for incorporation of a company. In
Bangalore, the company registration is to be done
within 10 to 15 working days in Bangalore.
5Incorporating a Company
- The incorporation of a company is the approval
of the name by the (ROC) Registrar of Companies
in Bangalore. - The approval is produced subject to certain
provisions. - An existing company has the same name, In the
case of a private limited company, the last words
of the name is to be Private Limited. - In the case of a Public limited company, the last
words of the name is to be Limited. - The application should noticed at least four
eligible names of the proposed company.
6 Incorporating a Company
- The Registrar of Companies (ROC) normally
announces the applicant within 7 days from the
date of the application. - Whether the name is available or not.
- Once the name is approved by the registrar, it
has a period of six months validity. - The documents should be filed within the period
of Memorandum of Association (MOA) and Articles
of Association(AOA) together. - If the documents should not file within a period
of six months, then paying an additional fee for
their name is to be renewal. Once the company
name is approval, it takes two to three weeks to
incorporate a company. In Bangalore it takes 10
to 15 days.
7Stamps and fees on registration
- Cost of registration
- Stamps and fees are payable by a company seeking
new registration. - Stamps
- Stamps are to be affixed on articles, memorandum
and on the declaration to be filed in Form No.1
of the Companies (central government) general
rules and forms. - Fees
- Fees are payable on the new company registration
and also for filing the Articles of
Association(AOA) and Memorandum of Association
(MOA) in the case of a company having share
capital.
8Private Limited Company Registration Details
9Private Limited Company Registration
- Private Limited Company is one of the important
business entity in India. A company is that the
financial liability of shareholders is limited to
their shares. This Company shares are owned by
Directors and Promoters. Private Limited
Companies minimum number of shareholders should
be 2 only and maximum 50. It is compulsory to
register your company in India. If anyone to know
how to register a private limited company. We can
guide you to the complete registration process.
10Digital Signature of Directors
- Digital Signature Certificates (DSC) is an
electronic format of physical or paper
certificates. Few Examples of physical
certificates are drivers licenses, passports. It
can be presented electronically to prove ones
identification, to make services or information
on the Internet or to sign certain documents
digitally. For company registration, DSC is
required to incorporate your company.
11Director Identification Number
- Director Identification Number (DIN) is a unique
identification number given to an existing or
potential director of any company which is
incorporated. The main purpose of DIN was to keep
the data base of the Directors of incorporated
companies and completed information about the
directors so they not able to cheat anyone. - Name Availability Check Application for Name
Reservation/ Approval. - Minimum Requirements 2 share Holders and 2
Directors (share Holders and directors can be
same Person). - One of the directors shall be resident in India.
12Basic Documents are needed for Director and
shareholders
- Proof of identity
- Passport
- Election (voter identity) card
- Aadhar Card
- Driving license
- Proof of residence
- Proofs Like as Electricity bill, Landline bill or
Mobile Bill and should be in the name of
applicant - Additional information Requirements
- Rent Agreement
- Place of Registered office of the Company EB
Bill, Gas Bill, House Tax Receipt - NOC from the land owner for proof of Registered
office of the Company
13 Name Availability
- Company Registration in Bangalore starts with
filing of an application for the name of the
company. The chosen for your company name should
be unique. Normally, the concerned ROC approves
the company name within 2 days. If the applied
name of your company is not same or similar to
any other existing company name, the proposed
name is in accordance with the regulations for
availability of name is provided by the Ministry
of Corporate Affairs (MCA).
14Documentation
- On obtaining the company name from ROC, the
following documents are required to be drafted in
line with the needs of companies act under the
rules 2013. - Memorandum of Association (MOA)
- Articles of Association (AOA)
- The MOA and AOA is finalizing your registration
process, the necessary stamp duty requires to be
paid the same. It should be signed/subscribed by
the promoters in his own hand and signature. The
promoter is writing his name, fathers name,
residential occupation and address with his own
handwriting. A registered company can approve
these documents through a treater is certified by
specific power of attorney by the company.
15 Filing and Registration
- After completion of MOA and AOA, the following
forms are filed in the MCA website - Form 1 (Declaration)
- Form 32 (Director Details )
- Form 18 (Registered Office of the company
details). - The ROC office will audit the company
incorporation documents. If the documents are
found in laws, the Company will be registered and
the registrar will issue the Certificate of
Incorporation. - Private Company can start their business
immediately after receiving the Certificate of
Incorporation. As a leading business consultant
in Bangalore, we help our customers to meet their
required services with immediately.
16Private limited company and LLP company
registration
17Private limited company and LLP
- The private limited company and (LLP) Limited
Liability Partnership both company registration
process for a business provided entire saving for
the helps. The company registration is based up
on the Companys act 2013 to every business
entities. There are certain procedure for
incorporating every company registration process
in Bangalore. - The nature of business and the persons related in
it subjects for the decision of top legal form to
register. There are some legal forms in India can
be suit to register for the companies. The most
important business entity is Private limited
company and (LLP) Limited Liability Partnership
company. Here we are known about the basic
differences in LLP company and Private limited
company registration in some factors. There are
certain legal forms as follows for both private
limited company registration and LLP company
registration.
18Company Registration Process
- The private limited company registration and LLP
company registration has processed under the
Ministry of Corporate Affairs. But, the both
companys act has may be varied. There are
certain rules for incorporating every companys
in India. When you are compared to other states
in India, the private limited company
registration mostly done in Bangalore cities.
19Limited Liability Partnership (LLP)
- The Limited Liability Partnership (LLP) has two
forms of business associations namely the
company and the partnership firm . Every
limited liability partnership have at least two
directors. The LLP company registration is
processed with the ministry of corporate affairs
(MCA) under the LLP act 2008. - Any individual or body corporate is a partner in
LLP under the act 2008. Any person who becomes a
partner in LLP in accordance with the LLP
agreement. An LLP is body corporate incorporated
and formed under the LLP act 2008. It is a legal
entity apart from that of its partners. Upon
registration, an LLP shall become a separate
legal entity. - Every LLP have two designated partners and It is
mandatory one of them is a resident in India.
Every partner in the LLP may take part in the
company managements. The LLP use the word
Limited Liability Partnership or LLP as the
last of the company name. A LLP registered under
the LLP act 2008.
20 Private Limited Company
- A private company can have a maximum of 200
members, up from 50 in the companies act 1956.
The private limited company registration contains
two or more persons to be formed a private
company under the act 2013. The name Private
Limited is included with your company name at
the last word. The registration of a company is
processed with the ministry of corporate affairs
(MCA) under the act 2013. - If a company limited by shares, that members
liability is limited with outstanding amount ,
if any on the shares held by them. In the case of
a company limited by guarantee, the amount is
contributed with each members of the company. The
private limited company has a separate entity and
it is being registered under the companies Act
2013. On the registration of the memorandum of a
company, the registrar issued a certificate that
the company is incorporated.