Company formation
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company's share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company's interested shareholders. At an annual general meeting (AGM), directors of the company present the company's financial performance and shareholders vote on the issues at hand.
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company's share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company's interested shareholders. At an annual general meeting (AGM), directors of the company present the company's financial performance and shareholders vote on the issues at hand.
A Private Limited Company is a Company limited by shares in which there can be maximum 200 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares.The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 2.
A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 7.
The choice of entity depends on circumstance of each case. Private Limited Company has lesser number of compliance requirements. Therefore, generally where there is no requirement of raising of finances through a public issue and the ownership is intended to be closely held by limited number of persons, Private Limited Company is the best choice.
The minimum paid up capital at the time of incorporation of a private limited company has to be Indian Rupees 1,00,000 (though it has been omitted by Companies Act 2013). There is no upper limit on having the authorized capital and the paid up capital. It can be increased any time, by payment of additional stamp duty and registration fee.
The authorized capital is the capital limit authorized by the Registrar of Companies up to which the shares can be issued to the members / public, as the case may be. The paid up share capital is the paid portion of the capital subscribed by the shareholders.
An application in Form No. INC-1 needs to be filed with the Registrar of Companies (ROC) online through Digital Signature of one of the proposed director. The details to be furnished in the said application are as follows: Alternative names for the proposed company. (The name can be coined names from the objects of the proposed company or the name of the directors, etc. but should definitely be indicative of the main object of the company. Justification for the name needs to be specified along with the application)
Names and addresses of the promoters (Minimum 7 for a public company while 2 for private company).
Authorized Capital of the proposed company.
Main objects of the proposed company.
Names of other group companies.
On submitting the application, the ROC scrutinizes the same and sends the approval / objections in about 3-4 days to the applicant through e-mail.
The following documents are required to be executed before they are submitted to the ROC:
MOA and AOA – These are required to be signed by the promoters in their own handwriting in presence of a witness stating their full name, father’s name, residential address, occupation and number of shares subscribed for, etc.
Form INC-7-with incorporation of a new company (other than OPC).
Form INC-8 – – This is a declaration to be executed on a non-judicial stamp paper by one of the directors of the proposed company or other specified persons such as Attorneys or Chartered Accountant stating that all the requirements of the incorporation have been complied with.
Form INC22 – This is a form to be filed by one of the directors of the company informing the ROC the registered office of the proposed company.
Form DIR-12 – – This is a consent obtained from all the proposed directors of the proposed company to act as directors of the proposed company. (Not required in case of private company).
FForm DIR-2– This is a form stating the fact of appointment of the proposed directors on the board of directors from the date of incorporation of the proposed company and is signed by one of the proposed directors.
INC-9- Declaration by first directors in case of new company
Power of Attorney signed by all the subscribers of MOA authorizing one of the subscribers or any other person to act on their behalf for the purpose of incorporation and accepting the certificate of incorporation.
Filing fees as may be applicable.
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company’s share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company’s interested shareholders. At an annual general meeting (AGM), directors of the company present the company’s financial performance and shareholders vote on the issues at hand.
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company’s share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company’s interested shareholders. At an annual general meeting (AGM), directors of the company present the company’s financial performance and shareholders vote on the issues at hand.
A Private Limited Company is a Company limited by shares in which there can be maximum 200 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares.The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 2.
A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 7.
The choice of entity depends on circumstance of each case. Private Limited Company has lesser number of compliance requirements. Therefore, generally where there is no requirement of raising of finances through a public issue and the ownership is intended to be closely held by limited number of persons, Private Limited Company is the best choice.
The minimum paid up capital at the time of incorporation of a private limited company has to be Indian Rupees 1,00,000 (though it has been omitted by Companies Act 2013). There is no upper limit on having the authorized capital and the paid up capital. It can be increased any time, by payment of additional stamp duty and registration fee.
The authorized capital is the capital limit authorized by the Registrar of Companies up to which the shares can be issued to the members / public, as the case may be. The paid up share capital is the paid portion of the capital subscribed by the shareholders.
An application in Form No. INC-1 needs to be filed with the Registrar of Companies (ROC) online through Digital Signature of one of the proposed director. The details to be furnished in the said application are as follows: Alternative names for the proposed company. (The name can be coined names from the objects of the proposed company or the name of the directors, etc. but should definitely be indicative of the main object of the company. Justification for the name needs to be specified along with the application)
Names and addresses of the promoters (Minimum 7 for a public company while 2 for private company).
Authorized Capital of the proposed company.
Main objects of the proposed company.
Names of other group companies.
On submitting the application, the ROC scrutinizes the same and sends the approval / objections in about 3-4 days to the applicant through e-mail.
The following documents are required to be executed before they are submitted to the ROC:
MOA and AOA – These are required to be signed by the promoters in their own handwriting in presence of a witness stating their full name, father’s name, residential address, occupation and number of shares subscribed for, etc.
Form INC-7-with incorporation of a new company (other than OPC).
Form INC-8 – – This is a declaration to be executed on a non-judicial stamp paper by one of the directors of the proposed company or other specified persons such as Attorneys or Chartered Accountant stating that all the requirements of the incorporation have been complied with.
Form INC22 – This is a form to be filed by one of the directors of the company informing the ROC the registered office of the proposed company.
Form DIR-12 – – This is a consent obtained from all the proposed directors of the proposed company to act as directors of the proposed company. (Not required in case of private company).
FForm DIR-2– This is a form stating the fact of appointment of the proposed directors on the board of directors from the date of incorporation of the proposed company and is signed by one of the proposed directors.
INC-9- Declaration by first directors in case of new company
Power of Attorney signed by all the subscribers of MOA authorizing one of the subscribers or any other person to act on their behalf for the purpose of incorporation and accepting the certificate of incorporation.
Filing fees as may be applicable.
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Company Formation in India
Company formation is the process of incorporating (registering) a business as a limited company.
We take off all the compliance hassle from your shoulders and bring to you efficient and prompt services in this regard. We also help foreign nationals to incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company’s share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company’s interested shareholders. At an annual general meeting (AGM), directors of the company present the company’s financial performance and shareholders vote on the issues at hand.
Share Capital
Share capital of a company refers to the amount invested in the company for it to carry out its operations. The share capital may be altered or increased, subject to certain conditions. A company’s share capital may be divided into small shares of different classes.
Accounts & Auditors
Auditors are professionals who work for a company to check whether it is following the correct legal and ethical guidelines. They also help the company to make changes to its policies and procedures if necessary. They also help the company to make changes to its policies and procedures if necessary.
Public Filings
ROC filing means the filing of audited financial statements, and annual returns, by the company to the ROC. Under section 129 and 137 of the Companies Act, 2013, every company should file the audited financial statements with the ROC.
Annual Meetings
An annual general meeting (AGM) is the yearly gathering of a company’s interested shareholders. At an annual general meeting (AGM), directors of the company present the company’s financial performance and shareholders vote on the issues at hand.
A Private Limited Company is a Company limited by shares in which there can be maximum 200 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares.The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 2.
A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 7.
The choice of entity depends on circumstance of each case. Private Limited Company has lesser number of compliance requirements. Therefore, generally where there is no requirement of raising of finances through a public issue and the ownership is intended to be closely held by limited number of persons, Private Limited Company is the best choice.
The minimum paid up capital at the time of incorporation of a private limited company has to be Indian Rupees 1,00,000 (though it has been omitted by Companies Act 2013). There is no upper limit on having the authorized capital and the paid up capital. It can be increased any time, by payment of additional stamp duty and registration fee.
The authorized capital is the capital limit authorized by the Registrar of Companies up to which the shares can be issued to the members / public, as the case may be. The paid up share capital is the paid portion of the capital subscribed by the shareholders.
An application in Form No. INC-1 needs to be filed with the Registrar of Companies (ROC) online through Digital Signature of one of the proposed director. The details to be furnished in the said application are as follows: Alternative names for the proposed company. (The name can be coined names from the objects of the proposed company or the name of the directors, etc. but should definitely be indicative of the main object of the company. Justification for the name needs to be specified along with the application)
Names and addresses of the promoters (Minimum 7 for a public company while 2 for private company).
Authorized Capital of the proposed company.
Main objects of the proposed company.
Names of other group companies.
On submitting the application, the ROC scrutinizes the same and sends the approval / objections in about 3-4 days to the applicant through e-mail.
The following documents are required to be executed before they are submitted to the ROC:
MOA and AOA – These are required to be signed by the promoters in their own handwriting in presence of a witness stating their full name, father’s name, residential address, occupation and number of shares subscribed for, etc.
Form INC-7-with incorporation of a new company (other than OPC).
Form INC-8 – – This is a declaration to be executed on a non-judicial stamp paper by one of the directors of the proposed company or other specified persons such as Attorneys or Chartered Accountant stating that all the requirements of the incorporation have been complied with.
Form INC22 – This is a form to be filed by one of the directors of the company informing the ROC the registered office of the proposed company.
Form DIR-12 – – This is a consent obtained from all the proposed directors of the proposed company to act as directors of the proposed company. (Not required in case of private company).
FForm DIR-2– This is a form stating the fact of appointment of the proposed directors on the board of directors from the date of incorporation of the proposed company and is signed by one of the proposed directors.
INC-9- Declaration by first directors in case of new company
Power of Attorney signed by all the subscribers of MOA authorizing one of the subscribers or any other person to act on their behalf for the purpose of incorporation and accepting the certificate of incorporation.
Filing fees as may be applicable.
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