Documents Required for Company Registration - PowerPoint PPT Presentation

About This Presentation
Title:

Documents Required for Company Registration

Description:

According to the 2013 Act, a private corporation must have a minimum of two members and a maximum of 200 members to be incorporated. The shareholders of any private limited business are not required to liquidate their assets in the event of financial risk, meaning they should have limited liability. Private limited companies have been around forever. – PowerPoint PPT presentation

Number of Views:4
Slides: 10
Provided by: taxguru1
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: Documents Required for Company Registration


1
Documents Required for Company Registration
2
  • According to the 2013 Act, a private corporation
    must have a minimum of two members and a maximum
    of 200 members to be incorporated. The
    shareholders of any private limited business are
    not required to liquidate their assets in the
    event of financial risk, meaning they should have
    limited liability. Private limited companies have
    been around forever. A private limited company
    continues to operate even if one or more of its
    members pass away or declare bankruptcy. Two
    directors are required for online business
    formation, and a firm may have up to 15 directors
    in total. The prospective director must be at
    least 18 years old. Any private limited company
    in India may elect a foreign national as a
    director. For the registration of a private
    limited company, there is no minimum paid-up
    capital requirement. Every private limited
    company must follow its name with Pvt.Ltd. The
    private limited company has no connection to the
    public and is not permitted to demand any
    security from any public or public sector.
    Individuals are not liable for the transfer of
    shares in a private limited company, protecting
    them from takeover attempts by large
    corporations.

3
  • Advantages of Registering a Private Limited
    Company in India
  • There are numerous benefits to starting a private
    limited company, including
  • Limited Liability Because a private limited
    company is a distinct legal entity, each members
    liability is limited to their share
    only.Separate Legal Entity
  • A private limited corporation is a distinct legal
    person with full legal standing and access to the
    courts. It takes the place of a fake person and
    has the authority to purchase real estate.
  • Credit Availability
  • In addition to its stockholders, a private
    limited company may also raise money from
    debenture holders. A Registered Private Limited
    Company is regarded as a corporate entity that
    draws various venture capitalists and angel
    investors, assisting them in expanding and
    raising money for the development of their
    business and company.
  • Perpetual Existence
  • A private corporation exists forever. Private
    limited corporations are seen as distinct legal
    entities that exist independently of their
    owners. This means that they cannot be dissolved
    or come to an end as a result of any of their
    members, directors, or shareholders passing away,
    retiring, or going insane.

4
  • Enhanced Value In Market
  • An officially registered private limited
    corporation is seen as being more reliable than
    one that is not. The Ministry of Corporate
    Affairs website makes it simple to find
    information on registering a private limited
    business. They are preferred by investors,
    suppliers, and customers over other company
    forms. As a result, it raises the firms brand
    value among consumers, other investors, and
    vendors.
  • Ease In Transfer Of Ownership
  • In a private corporation, it is quite simple to
    issue additional shares and transfer equity to
    new shareholders.
  • What are the Basic requirements of Online Company
    Registration?
  • Before starting a Private Limited Company in
    India, it is important to be aware of the
    following requirements

5
  • The name of the private limited business must be
    distinctive and distinct from that of any other
    registered companies or trademarks.
  • A private limited corporation must have at least
    two directors to operate.
  • Additionally, it is important to remember that
    the private limited company needs at least two
    shareholders.
  • A digital signature certificate that will be
    needed to register a private limited company
    should be owned by each director and member.
  • For the creation of a private limited
    corporation, there is no minimum capital needed.
  • Making sure your company name is distinctive can
    help you register your business quickly. The
    procedure of registering a corporation online is
    pretty straightforward.
  • For the registration of a private limited
    business, According to section 3 of the 2013
    Act, two or more people may form a private
    company by providing their names and following
    the registration procedure guidelines outlined by
    the said Act.

6
  • The registrar must receive the forms and data
    listed belowAll of the subscribers to the
    memorandum have properly signed both the
    memorandum and the articles in the way specified.
  • An affirmation that all registration requirements
    specified by the Act have been met by the
    advocate, chartered accountant, cost accountant,
    or company secretary engaged in the incorporation
    of the company, as well as by the individuals
    named in the companys articles as directors,
    managers, or secretaries.
  • A declaration from each subscriber to the MOA and
    the first director named in the AOA of the
    company stating that they have never been
    convicted of fraud or breaching the companys
    agreements and that they have never been
    convicted of any offenses connected to the
    formation, management, or promotion of the
    company.Read more at https//taxguru.in/company
    -law/documents-required-company-registration.html
    Copyright Taxguru.in

7
  • What are the Documents Required for Online
    Company Registration
  • Documents required for company registration 
  • AOA
  • MOA
  • Outside Country body corporates incorporation
    certificate
  • a decision made by the international Company
  • a statement of advice made by the advertising
    company
  • The interest of the directors from other
    entities 
  • Nominees assent
  • Identity proof and residential proof
  • The Declaration of the unregistered companies
  • Digital Signature Certificate
  • Declaration
  • The subscribers and directors declarations in
    form INC-9 must be automatically created in PDF
    format and delivered online. A professional
    recommendation, such as one from a company
    secretary, chartered accountant, or cost
    accountant, must also be submitted by the
    applicant.

8
  • Documents Required for Company Registration 
  • What are the Documents That Can Be Used As
    Address Proof?Voter Identity Card/Election
    Card.
  • Ration Card.
  • Aadhaar Card.
  • Passport Driving license.
  • Telephone Bill.
  • Electricity Bill. 
  • What are the Documents That Can Be Used As A
    Residential Proof?
  • Bank Statement.
  • Electricity Bill
  • Mobile Bill
  • Are You Looking for a Company Registration Guide
    At MUDS?
  • List of Assistance That The Online Company
    Incorporation Form, or SPICe Form, Will Provide
  • Directors license number (DIN) 
  • Company PAN Allotment Incorporation 
  • Issuance of the TAN for the Company
  • Registration of the Company with EPFO as an
    Employer
  • ESIC Registration for the Corporate Career
    Opening a bank account for the State of
    Maharashtras tax registration.
  • Company GST Tax Payer 

9
  • What is the Process for Online Company
    Registration in India?
  • Company Registration Process in India According
    to the SPICe form, three central government
    agencies and departmentsthe Ministry of Labour
    Department of Revenue, Ministry of Finance, and
    Ministry of Corporate Affairsdedicate 10
    services. According to reports, the new SPICe
    Plus form saves time and has been used since
    February 23 for all new firms. The forms
    AGILE-PRO, SPICeAoA, and SPICeMoA must also be
    submitted with SPICe.Select SPICe from the
    list of MCA Services.
  • Next, select New Application if there are
    already applications, select Existing
    Application next, enter the application number
    and the chosen or authorised name. Then choose
    Type of Company.
  • Select the Class of Company and Category of
    Company buttons.
  • The Main Division of Industrial Activity of the
    Company must then be specified. The Main
    Division of Industrial Activity of the Company
    must then be mentioned.
  • The specifics of the proposed or authorized
    name must then be provided. In line with the
    regulations governing the name, choose
    Auto-check. Submit Part A for name
    reservation or continue with incorporation.Read
    more at
  •  https//taxguru.in/company-law/documents-require
    d-company-registration.htmlCopyright
    Taxguru.in
Write a Comment
User Comments (0)
About PowerShow.com