Private limited company incorporation and documents

WHY TO REGISTER A COMPANY?

Have you been considering about the company registration process needs for all kinds of business ? Not all business fields needs the registration process. It is particularly for the small scale sectors. Any other kind of business should register their business involving the company incorporation. So, the business needs to be registered with the commencement of DBA.

DOING BUSINESS AS (DBA) The company transactions are registered legally. The business enterprises may be already or newly completed and established with the company registration procedures. The registration must wants their business to follow this DBA. The Company’s legal name should be the business organization or the name of the person.

Do all business entities needs DBA? The DBA procedure changes for the city or country were the business is live for the company registration process. The common rule for the businesses requires following DBA.

Partnership Company If you are start a new company without using any real name then DBA is need to be followed for the below registration.

LLP COMPANY ď‚ĄIf your business is already been incorporated and established needs to change the

company name then DBA procedure is followed. The DBA procedure is for getting an identification, but it is not compared to trademark registration procedures for the type of business. So trademark protection is varied from DBA for the company’s transactions and assets.

Company Registration

The legal form of company registration in LLP, Partnership or any other form of business.

Simply, the common type of business entities in India is Private Limited Company. So, company registration process is mandatory for every business success in their market.

GET LICENSE ď‚Ą The license is important for every business to start their new company. The business

entities or their field are different, but their license process is to perform their regular activities. It is the rule to follow by the government point of view. After getting your company registration certificate, you can get any kinds of license for your business needs.

Tax authority registration

Business owners are to pay their tax for their business activities. It should be maintained by getting the rights to permit from tax authorities. So company registration is the best requirement for the business and their actions are safe in the market. Legal support is important for every business sectors to avoid problems with the tax authorities and public. If the business enterprises who wants to register their company can contact the professionals from Solubilis Bangalore at any time.

PRIVATE LIMITED COMPANY REGISTRATION DETAILS

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.

DIGITAL 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 one’s 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.

Director 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

BASIC DOCUMENTS ARE NEEDED FOR DIRECTOR AND SHAREHOLDERS



Proof of identity



Proof of residence

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

 NAME AVAILABILITY

ď‚Ą 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).

DOCUMENTATION  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.

 Articles of Association (AOA)  Memorandum of Association (MOA)  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.

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).

DOCUMENTS REQUIRED FOR COMPANY REGISTRATION

Entrepreneurs in the procedure of starting a company registration are focused in knowing about the list of documents required for the process. In this article, we can know about, what are the documents required for company registration.

DIRECTORS FOR INDIAN NATIONALS ď‚Ą The following documents are required for Indian Nationals for company

incorporation in India.

PAN CARD

ď‚Ą For company registration Pan card is required for proposed directors of the

company. Permanent Account Number or PAN is a unique identification number given by the Income TAX of department of India. During the company registration process, it is mandatory for directors who are Indian Nationals to submit PAN.

ADDRESS PROOF

 The proposed director must submit their address proof with PAN card copy. The director name must

be mentioned in the PAN Card that has the address proof. It must be the current address of the proposed director. The documents are not older that two months.

 The following documents are valid as a address proof for Indian Nationals :  Aadhaar card  Telephone bill  Electricity bill  Ration card  Driving license  Passport  Voter Identity card or Election card

RESIDENTIAL PROOF  A residential proof must be submitted during the company incorporation to prove the present address of

the director. As mentioned in address proof, the residential proof must also include the director name as specified in the PAN card and must not be older than two months.

 Mobile bill  Telephone bill  Electricity bill  Bank statement

DIRECTOR FOREIGN NATIONALS

Passport ď‚Ą Passport is required for foreign nationals as a proof of their identity. The passport must be

Apostilled or Notarized in the country. The documents are in foreign language, it must be changed by an official translator to English and apostilled or notarized. If the passport does not contain date of birth of the holder. Then you must submit an additional document that contains the date of birth of the director. It must be duly attested or certified or apostilled or notarized.

ADDRESS PROOF  The proposed director must submit an address proof which is also apostilled or

notarized. The director names must contains in the address proof with their name mentioned in the passport. It is the present address of the director. The documents must not older than one year for foreign nationals.

The following documents are valid for foreign nationals :  Bank statement  Residence card  Driving license

RESIDENTIAL PROOF

ď‚Ą The resident proof and address proof for identifying the directors.

The proof must be provided to confirm the registered office of the company. During the company registration procedures, the following documents must be submitted as proof of registered office or with in 30 days of incorporation of the company.