GST REGISTRATION

Private Limited Company is one of the highly recommended ways to start a business in India as it offers limited liability to its shareholders with certain restrictions on ownership. In Private Limited Company registration, directors may or may not be different from shareholders. Minimum two shareholders and two directors are required to register a private limited company. A natural person (human being) can become the director as well as shareholder of the company whereas a corporate entity can only be a shareholder.

Taxcom is a leading Business Consultant, offering quick Online Company Registration Service in India with five simple steps:

1) Preparation of Digital Signature Certificate (DSC) and Director Identification Number (DIN)

2) Choosing Unique Name for your Company.

3) Preparing Forms, Documents, AOA & MOA of your Company.

4) Filing e-forms with MCA.

5) Allotment of COI, PAN & TAN.

After this, you can open a current bank account with the Certificate of Incorporation and begin your business operations.

Why Choose Company Registration in India?

Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business –

Shields from personal liability and protects from other risks and losses.
Attracts more customers
Procures bank credits and good investment from reliable investors with ease.
Offers liability protection to protect your company’s assets
Greater capital contribution and greater stability
Increases the potential to grow big and expand

You will also get Zero Balance Current Account – Powered by DBS Bank *

Checklist for Registering a Company in India

As defined under the Companies Act 2013, we have to ensure the requirements of checklist

Two Directors:

A private limited company must have at least two directors and at most, there can be 15 directors. Among all the directors in the business, at least one must be a resident of India.

Unique Name

The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.

Minimum Capital Contribution:

There is no minimum capital amount for a company. A company should have an authorized capital of at least Rs. 1 lakh.

Registered Office:

The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as an NOC is obtained from the landlord.

How to Register Company Online – A detailed registration process

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed following the law.

Step 1: Application for DSC (Digital Signature Certificate).
Step 2: Apply for the DIN (Director Identification Number)
Step 3: Application for the name availability.
Step 4: Filing of the EMoa and eAoA to register a private limited company
Step 5: Apply for the PAN and TAN of the company
Step 6: Issued certificate of incorporation by RoC with PAN and TAN
Step 7: Opening a current bank account on the company name

Search a company before Company Registration

One of the primary steps in Company Registration is to ensure that the company name has not already been taken by another legal entity. We can run a company name search to check the availability of the particular name in India against the MCA and trademark database.

We recommend the businesses to come up with three to four alternative names during the approval stage of Private Limited Company Registration. The Ministry of Corporate Affairs will be the final authority to approve the name based on the availability rules and regulations.

If you are disappointed that a preferred name is taken, do remember that the name of your company doesn’t have to be your brand name. However, if you’re going to trademark your brand name, also check if it has already been trademarked or not.