DETAILS OF VARIOUS COMPANY REGISTRATION PROCESSES
A. private limited company registration Package Includes: · 2 DSC (Digital Signature Certificates) · 2DIN (Director identification number) · MOA/AOA (Memorandum of Association/Articles of association) · COI (Certificate of Incorporation) · PAN (Permanent Account Number) · TAN (Collection Account Number) REGISTRATION COSTS Xyz arrow fees 1999 2 DIN 0 2 DSC 3000 GOVT FEES 175 STAMP DUTY VARIES PLACE TO PLACE TAXES 360 Why Choose Private Limited Company? There are several reasons why more individuals choose to register private ltd companies.The advantages of a private limited company include: A Private Limited Company is a legal entity. the company’s finances are separate from its owner’s finances. Protection from personal liability to Limited company owners. Advantages One advantage of owning a private limited company is that the financial liability of shareholders is limited to their shares. Therefore, if a private limited company will be in financial trouble and need to close the Company then shareholders will not risk losing their personal assets. Disadvantages Disadvantages of owning a private limited company are: Shares cannot be sold on a public stock exchange. Limited growth and restricted number of shareholders. Documents Required For Private Limited Company Registration FOR DIRECTORS PAN (Permanent Account Number) of all proposed directors. Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed Directors. Latest passport size Photographs of all directors. Additional Address proof with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement FOR SHARE HOLDERS PAN (Permanent Account Number) of all proposed Share Holders Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed Share Holders Latest passport size Photographs of all Share Holders. Additional Address proof with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement FOR REGISTER ADDRES Electricity Bill along with Rent Agreement OR Ownership proof OR NOC PROCESS INVOLVED 1. Incorporation Documents Incorporation Documents are prepared and sent for Signatures. 2. Apply for Digital Signatures Once ID proofs and signed documents are received, Digital Signature is applied for Directors 3. Apply for DIN After DSC, application is filed with MCA for getting the DIN Number 4. Incorporation Form SPICe Incorporation Application is prepared and filed with ROC 5. Incorporation Approval MCA check and Approves the Incorporation Application. 6. Incorporation Certificate with PAN and TAN As per the new process PAN and TAN is Allotted and mentioned on Incorporation certificate by ROC Click here FOR PRIVATE LIMITED COMPANY REGISTRATION B. One Person Company Registration Package Includes: · 1 DSC (Digital Signature Certificates) · 1DIN (Director identification number) · MOA/AOA (Memorandum of Association/Articles of association) · COI (Certificate of Incorporation) · PAN (Permanent Account Number) · TAN (Collection Account Number) REGISTRATION COSTS Xyz arro fees 1999 1 DIN 0 1 DSC 1500 GOVT FEES 175 STAMP DUTY VARIES PLACE TO PLACE TAXES 360 What is the Difference between OPC & Sole Proprietorship? One Person Company is a separate Legal entity with just one member. Unlike a private limited company which requires minimum 2 shareholders and 2 directors, an OPC can be formed with only one shareholder. The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. Advantages One Person Company is a Private Limited Structure. It is Most popular Structure in the world. An individual can start its business without the restriction to have 2 directors in One Person Company. Disadvantages OPC is suitable only for small business. OPC can have maximum paid up share capital of Rs.50Lakh and turnover of Rs. 2 Crores otherwise OPC need to be converted into Private Limited Company. Documents Required For OPC FOR DIRECTORS PAN (Permanent Account Number) of all proposed directors. Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed Directors. Latest passport size Photographs of all directors. Additional Address proof with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement FOR SHARE HOLDERS PAN (Permanent Account Number) of all proposed Share Holders Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed Share Holders Latest passport size Photographs of all Share Holders. Additional Address proof with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement FOR REGISTER ADDRES Electricity Bill along with Rent Agreement OR Ownership proof OR NOC PROCESS INVOLVED 1. Incorporation Documents Incorporation Documents are prepared and sent for Signatures. 2. Apply for Digital Signatures Once ID proofs and signed documents are received, Digital Signature is applied for Directors 3. Apply for DIN After DSC, application is filed with MCA for getting the DIN Number 4. Incorporation Form SPICe Incorporation Application is prepared and filed with ROC 5. Incorporation Certificate MCA check and Approves the Incorporation Application. 6. PAN and TAN PAN is applied based on Incorporation Certificate after that TAN is applied Once we receive copy of PAN card Click here FOR ONE PERSON COMPANY REGISTRATION C. Public Limited Company Registration Package Includes: · 3 DSC (Digital Signature Certificates) · 3DIN (Director identification number) · MOA/AOA (Memorandum of Association/Articles of association) · COI (Certificate of Incorporation) · PAN (Permanent Account Number) · TAN (Collection Account Number REGISTRATION COSTS Xyz arro fees 9999 3 DIN 0 3DSC 4500 GOVT FEES 7300 STAMP DUTY VARIES PLACE TO PLACE TAXES 1800 What are the Features of Public Limited Company? A public company shall have minimum 7 members and 3 directors. Every private limited company which has a subsidiary of public company shall be treated as public company in the eyes of law. The Liability of each member or shareholder of a public company is limited. Advantages Better Access to capital; ie raising share capital from existing or new investors. Liquidity; Shareholders are able to buy and sell their shares if they are quoted on the stock exchange. Disadvantages The Company can be expensive to establish, maintain and wind up. The reporting requirements
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