Registration of a New Company - Help Required
Manas
(Querist) 17 December 2010
This query is : Resolved
planning to start a project which will be based on domestic housekeeping sector. For this purpose, we need some advice related to companies act & regulations and service tax.
Could you please help me to get some info on the following points:
New Company Registration (for Pvt. Ltd. Company)
* Registration Process
* Required Documents
* Number of Directors Required (Also pl let me know whether we can add or remove Directors in future)
* DIN registration process
* Others
* Approx. Expense
* If all the law are same across India or differ on state to state bcz we have option of registering it at Delhi/ Gurgaon (Haryana)/ UP.
* Please also check if the registered office and operating offices are located in different state than what difference it makes compare to when both are in the same state.
Service Tax :-
* Is service tax applicable for the this kind of business.
* I believe that it is centralized and doesn't differ state to state. please check
* Applicable Service Tax (if any)
* Process of service tax registration ( if applicable)
Apart from above mentioned points, if you can or suggest someone who can can guide on labor laws as well related to this (like Registration, Labor Law, Minimum wages policy etc.)
A V Vishal
(Expert) 17 December 2010
The procedure for incorporating a private liited company in India is as under
1. Obtain Director Identification Number (DIN) and Digital Signature Certificates (DSC) for each Director / Promoter before making any application to ROC.
2. Apply for the name availability of the proposed company to ROC. For this one has to fill Form 1A and submit online along with requisite fee with ROC.
3. Once Name is approved and made available by the ROC it remains valid for 60 days. If you do not incorporate the proposed company within 60 days you can renew the name by paying prescribed fee for another 30 days but not beyond that.
4. After getting the name following documents are prepared
1. Memorandum of Association
2. Articles of Association
3. Letter of authority to a person for carrying out corrections
4. Form 32 for the Directors
5. Form 18 for registered office address
6. Payment in favour of Registrar of companies for the prescribed amount towards registration fee in any designated bank only.
Memorandum and Articles of Association are to be duly stamped before filing with ROC
7.ROC will scrutinize the online papers and if any modification is required he will direct to make such changes accordingly.
8. Once ROC is satisfied and scrutiny is completed he will issue certificate of Incorporation. The company would come into existence from the date of certificate of incorporation.
Minimum Shareholders required = 2
Minimum Directors required =2
Minimum Paid up Capital - INR 100,000
The registration fee and Stamp Duty depends upon the authorized capital of the proposed Company.
