Company Registration Services Looking to register a new company in India? Our company registration services and new company incorporation services make the process seamless and hassle-free. We specialize in new company registration, offering guidance every step of the way. With our expertise in online company registration in India, you can quickly and efficiently register a new company from the comfort of your home or office. Let us handle the legal formalities while you focus on building your business. Welcome to Mera Registration – Your Trusted Partner for Company Registration in India At Mera Registration, we simplify the process of starting your business with our comprehensive company registration services. Whether you are an entrepreneur with a new idea or a growing company looking to expand, we are here to assist you register a new company without any hassle. Why Choose Mera Registration? Hassle-Free Company Incorporation ServicesOur team of experts ensures a seamless process for company incorporation services, handling all the paperwork, compliance, and legal requirements for you. Online Company Registration in IndiaSave time and effort with our online company registration in India services. Complete the registration process from the comfort of your home or office, with expert assistance at every step. Customized Solutions for New Company RegistrationWe understand that every business is unique. Our services are tailored to your specific needs, ensuring a smooth and personalized experience for new company registration. Our New Company Registration Services Include: Private Limited Company Registration LLP Registration One Person Company Registration Proprietorship and Partnership Firm Registration Etc How Our Company Incorporation Services Works: Consultation: Our experts discuss your business goals and guide you on the best registration option. Document Collection: We assist in preparing and collecting all necessary documents. Filing & Approval: Sit back as we handle the submission and approval process. Company Setup: Once approved, your business is officially registered! Start Your Business Journey Today! With Mera Registration, starting your business is no longer a complex task. Let us take care of the formalities while you focus on what you do best – building your dream business. Contact us now to explore our company registration services and take the first step toward success! Check how private limited company registration works: WHAT IS A PRIVATE LIMITED COMPANY IN INDIA? A Private Limited Company in India is a form of business entity that is privately held and offers limited liability protection to its shareholders. This implies that the liability of each shareholder is limited to the number of shares they own. Private Limited Companies are popular among entrepreneurs due to their advantages, such as ease of formation, separate legal entity status, and limited liability protection. They require a minimum of two shareholders and two directors, with at least one director being an Indian resident. The shares of a Private Limited Company cannot be publicly traded, and the number of shareholders is capped at 200. This structure provides a balance between operational flexibility and legal protection, making it a preferred choice for small and medium-sized enterprises in India. WHAT LEGISLATION GOVERNS THE INCORPORATION OF PRIVATE LIMITED COMPANIES IN INDIA? A Private Limited Company in India is incorporated under the Companies Act, 2013. This act, governed by the Ministry of Corporate Affairs, provides a comprehensive framework for the formation, regulation, and dissolution of companies in India. The Companies Act, 2013, ensures that a Private Limited Company is a registered corporate structure that offers a separate legal identity from its owners. To register a Private Limited Company, a minimum of two directors and two shareholders are required, and the company must comply with various statutory requirements and regulations as stipulated in the act. WHAT ARE THE INITIAL STEPS REQUIRED TO INCORPORATE A PRIVATE LIMITED COMPANY IN INDIA? Incorporating a Private Limited Company in India involves several structured steps, ensuring compliance with the Companies Act, 2013 and other legal requirements, which are outlined below: Step 1: Acquisition of Digital Signature Certificate (DSC) The first step is to obtain a Digital Signature Certificate for the proposed directors of the company. The DSC is crucial for signing electronic documents. It is issued by certifying authorities and requires submitting identity and address proof. Step 2: Obtaining the Director Identification Number (DIN) Next, the prospective directors must apply for a Director Identification Number for each director, which is a unique number assigned by the Ministry of Corporate Affairs (MCA) by filing the form DIR-3 along with the required documents. Step 3: Filing the Name Reservation Application The proposed company must apply for name reservation through the RUN (Reserve Unique Name) service with MCA. This involves selecting a unique company name, which must comply with the MCA naming guidelines to avoid any similarities with existing companies or trademarks. Step 4: Preparation and Execution of Documents Several documents need to be prepared, including: Memorandum of Association (MOA): This document outlines the company’s constitution and permissible activities. Articles of Association (AOA): This contains the by-laws governing the company’s operations. Form INC-9: Proclamation by the subscribers and first directors. Form DIR-2: Consent to act as a director. These documents must be signed by the subscribers and directors and then notarized. Step 5: Submission of the Incorporation Application The SPICe+ (Simplified Performa for Incorporating Company Electronically) form is used to submit the incorporation application to the Ministry of Corporate Affairs (MCA). This form includes the details of the directors, subscribers, and company, along with the MoA and AoA. The application must be accompanied by the required documents, including the DIN, DSC, and proof of registered office address. Step 6: Payment of Fees and Stamp Duty Upon submission of the SPICe forms, the requisite fees and stamp duty must be paid. The amount varies based on the authorized capital of the company and the state in which it is being incorporated. Step 7: Issuance of Certificate of Incorporation Once the application is reviewed and approved by the Registrar of Companies (ROC), a Certificate of Incorporation (COI) is issued. This certificate serves as proof of the company’s legal existence and includes its Corporate Identity Number (CIN). Step 8: PAN and TAN Application Along with the incorporation forms, applications for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are also submitted. These are essential for tax-related purposes. Step 9: Post-Incorporation Compliance Following incorporation, the company must comply with several post-incorporation requirements: Opening a Bank Account: A corporate bank account must be opened in the company’s name. Issuing Share Certificates: Share certificates must be issued to the subscribers. Stipulating Statutory Registers: Maintaining statutory registers, such as the register of members, directors, and charges. Commencement of Business: Filing a declaration of commencement of business within 180 days of incorporation. WHAT DOCUMENTS SHOULD YOU HAVE HANDY? For the registration of a Private Limited Company in India, the following documents are required: Documents for Shareholders and Directors (Indian Nationals) PAN Card Identity Proof (Aadhaar Card, Passport, Voter ID, Driving License) Residential Proof (Latest Electricity Bill, Telephone/Mobile, Bank Statement, Gas Bill) Coloured Passport-sized Photograph Consent to Act as Director Documents for Registered Office Proof of Address (Rent Agreement/ Sale Deed) No Objection Certificate (NOC) from Property Owner (if renting) Latest Utility Bill (not older than 2 months) for the office address WHAT IS THE GENERAL TIMELINE OUTLINED FOR THE COMPANY INCORPORATION PROCESS? The process of incorporating a Private Limited Company in India usually takes around 12-18 business days from the submission of all required documents. This timeframe can vary depending on several factors, including the completeness of the documents provided, the responsiveness of the regulatory authorities, and the efficiency of the registrar processing the application. WHAT SIGNIFICANT BENEFITS ARE AVAILABLE TO A PRIVATE LIMITED COMPANY IN INDIA? Incorporating a private limited company in India offers several benefits that can significantly contribute to the growth and stability of a business. Here are the key advantages. Limited Liability Protection One of the most vital advantages of a private limited company is that it provides limited liability protection to its shareholders. This implies that the personal assets of shareholders are secured in case of any legal or financial liabilities incurred by the company. The members are accountable for paying the debts only to the extent of how much they owe towards their shareholding, i.e., the face value of the shares. Separate Legal Entity A private limited company enjoys the prominence of a separate legal entity, distinctive from its members. This legal identity authorizes the company to own assets, enter into contracts, and pursue legal actions in its name. There is a separation of management and proprietorship in this form of corporate structure. Perpetual Succession A private limited company has perpetual succession, meaning that the company’s existence is not affected by the death or departure of its shareholders, directors, or founders. The business continues to operate seamlessly, ensuring stability and continuity even amidst changes in ownership. Multiple Sources of Funding Private limited companies can raise funds easily through various means, including issuing shares, debentures, convertible securities, and loans from banks and financial institutions. Venture capitalists and angel investors also prefer to invest in private limited companies due to their associated benefits, such as limited liability, exit options, and compulsory audit requirements. Enhanced Credibility Incorporating a private limited company enhances the credibility of the business. It is perceived as a more stable and reliable entity by customers, suppliers, and financial institutions. This can lead to better business opportunities and relationships. Tax Benefits and Incentives Private limited companies are entitled to a range of tax perks and incentives provided by the government, enshrined within various provisions of the Indian tax law. These benefits include lower tax rates, deductions for business expenses, and exemptions for certain forms of income. Furthermore, the government often offers sector-specific incentives in the form of tax holidays or reduced tax rates for businesses in special economic zones (SEZs), R&D, startups, and renewable energy. Limited Compliance Requirements Private limited companies have fewer regulatory obligations than public limited companies, resulting in less administrative burden and costs. This streamlined compliance procedure allows management to focus more on business operations and strategic growth initiatives. Higher Transparency Private limited companies are required to prepare financial statements, including balance sheets, statements of profit and loss, and cash flow statements, which are shared with regulatory authorities like the ROC and shareholders. Additionally, incorporation details for the company are available on the MCA website, making it more transparent. Flexibility in Management Structure Private limited companies offer elasticity in management and decision-making. The shareholders can appoint directors to manage the company’s operations, and the directors can make decisions without the need for shareholder approval in most cases. This permits seamless and effective management. Easy Transfer of Shares Shares in a private limited company can be transferred easily to other shareholders, making it simpler to manage ownership and control. Intellectual Property Protection A private limited company can own and protect intellectual property such as trademarks, patents, and copyrights. This ensures that the company’s innovations and creations are legally protected from infringement. To wrap up, in India, setting up a limited company involves obtaining a DSC, DIN, name reservation, and filing incorporation documents with the Registrar of Companies (RoC). This process takes 10-18 working days based on document accuracy. The benefits include limited liability protection for shareholders, enhanced credibility, ease of raising capital, and perpetual succession for continuity despite ownership changes. This approach not only offers legal protection but also promotes business growth and investment opportunities in the Indian market. What do we offer in our Private Limited Company Registration Package? Our package for registering a Private Limited Company includes the following cluster of services: Digital Signature Certificate Director’s DIN Company’s PAN and TAN Annual Compliance filling to the Registrar of Companies Company Incorporation Certificate Business Consultant Company Name GST Registration Tax Compliance Furthermore, we are pleased to offer a complimentary initial consultation for clients who proceed with their full incorporation process through our services. This ensures you receive expert guidance from the start, setting a strong foundation for your business. Benefit from our professional support at no initial cost. WHY CHOOSE MERA REGISTRATION? At Mera Registration, we offer a comprehensive suite of professional services to assist you in establishing and fostering the growth of your business with unparalleled efficiency. Here’s why our services stand out: Business Setup Assistance: We provide specialized guidance throughout the entire process of business formation, from incorporating a company to forming a partnership firm. We offer personalized support to ensure your new business structure aligns with your vision and objectives. Trademark and IP Services: Protecting your brand and intellectual property is paramount. Our legal experts ensure robust protection against potential infringements to secure and uphold your rights, thereby safeguarding your market presence and competitive advantage. Licensing and Registration: Navigating the complexities of licensing and registration requirements can be challenging. Our team of experienced professionals assists in obtaining all necessary permits and approvals, ensuring full compliance with legal and regulatory frameworks, thus allowing you to focus on your core business operations. Legal Drafting: Our team excels in drafting precise and comprehensive legal agreements and policies that contribute to the efficient and smooth running of your business operations. By handling these crucial elements, we empower you to focus on advancing your strategic goals and business growth. Unlock The Full Potential of Your Business with Mera Registration: Partner with us for a seamless and hassle-free experience from inception to successful execution. We take pride in managing the complexities, and ensuring compliance and regulatory conformity, so you can dedicate your efforts to driving business development and advancement.