Starting your own company made easy

BENEFITS OF A COMPANY

Separate legal entity

This is one of the most important benefits. It means the company is a distinct/different person from its members.

Borrowing and funding

Banks/Venture capitalist are more likely to provide a company funding than a partnership or a properitorship

Limited Liability

The liability of the members of a company is limited to the share capital held in the company.

Transferability

It is relatively easy to transfer the ownership of a company. Ownership can be transferred just by the transfer of shares.

Other Benefits

  • Number of members – a private company can have upto 200 members

 

  • Capital requirement – MCA has done away with the capital requirement. Hence as of now, there is no minimum capital requirement

 

  • Right to acquire property –  a company can acquire property (or other assets) in its own name

 

  • Perpetual existence –  Insolvency, death of a member doesn’t end the existence of the company

Open a private limited company

Choose the package that matches your requirements. The packages start from Rs. 9,999/- for incorporating a private limited company

12,499/-

Rs

9,999/-

Company formation with

  • 2 DSCs
  • 2 DINs
  • MOA and AOA
  • PAN and TAN

13,999/-

Rs

11,499/-

Company formation with

  • 2 DSCs
  • 2 DINs
  • MOA & AOA
  • PAN & TAN
  • GST Registration

15,499/-

Rs

12,999/-

Company formation with

  • 2 DSCs
  • 2 DINs
  • MOA and AOA
  • PAN and TAN
  • GST Registration
  • ADT -1 Filing (RoC)

Requirements for Incorporting a Private Limited Company

Mandatory Requirements

The Following are necessary for starting a company

  1. All Directors must have a PAN card
  2. All Directors must have a DSC (Digital Signature)
  3. All Directors must have a DIN (We provide these with our packages)
  4. The Company must have a Registered Address [This can be self owned, rented/leased]

ID Proof

ID proof of all the directors will be required.

Proofs acceptable –

  1. PAN card of the Directors; and
  2. Aadhaar Card or Voter ID; and
  3. Photos of all the Directors;
  4. Incase of Foreign Nationals –
    1. Notarised Copy of Passport
    2. Notarised Copy of MOA and AOA
    3. Incase of visit to India, Proof of Valid Business Visa

Address Proof

Address proof of the registered address will be required.

Proofs acceptable –

  1. Sale Agreement/Purchase Agreement [in case of self owned property];or
  2. Rent Agreement incase of rented property and NOC from the Landlord; and
  3. Latest Utility Bill [ Electricity/water bill]

The Process

Obtain DSC

All Directors must have a DIN. For obtaining a DIN, a Digital Signature (DSC) is required. A DSC can be obtained in 1 to 3 days. A normal class 2 digital signature can be used at the MCA website.

Name Reservation

The next thing to do is apply for a name. We use the Latest RUN forms for application of names. 2 names have to be submitted to MCA for approval. These names should not be similar to any of the names of the existing companies or registered trademarks. We’ll explain you the naming guidelines once we get started.

The approval process usually takes 2-3 working days.

Documentation

Once the name is approved, the application for incorporation is prepared.

The Articles of Association(AOA) and Memorandum of Association(MOA) are prepared/modified. These along with the application for incorporation and the necessary attachments are prepared and reviewed by us.

Registration

The AOA and the MOA along with all the documents are submitted to the ROC [MCA] for approval. As a result of the recent changes in procedures, applications are typically processed within 3 working days. The company receives its incorporation certificate after which it can start its operations.

Open a one person company (opc)

Choose the package that matches your requirements. The packages start from Rs. 9,999/- for incorporating a One Person Company (OPC)

11,999/-

Rs

9,999/-

Company formation with

  • 1 DSC
  • 1 DIN
  • MOA and AOA
  • PAN and TAN

13,499/-

Rs

11,499/-

Company formation with

  • 1 DSC
  • 1 DIN
  • MOA & AOA
  • PAN & TAN
  • GST Registration

14,999/-

Rs

12,999/-

Company formation with

  • 1 DSC
  • 1 DIN
  • MOA and AOA
  • PAN and TAN
  • GST Registration
  • ADT -1 Filing (RoC)

Frequently asked questions

Anyone can open a company. There are no eligibility requirements.

On an average, it takes 15 days to incorporate a company. However, given the best of conditions, a company can be opened within a week.

A registered address of a private company is the official address of the company. It is usually the place where the books are kept and the management decisions are made.

Yes it can. It is usual for companies to be started with the registered address being the address of the home of one of the directors.

Getting the name approved from the RoC is a tedious task. The chances of the name getting rejected are always there. Thats why we suggest to be ready with 4 names for you company. These names should be selected carefully as anyone of these can be selected.

There is no restriction on the number of companies one can open.

For more information reach out to us. Contact Us

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