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Aidan Healy, at Healy Consultants, helping businesses to set up and expand in India
Written 27 Jun
On January 16, 2016, the Prime Minister of India, Shri Narendra Modi announced a new
initiative called Start-Up India initiative, fostering the promotion of entrepreneurship by
creating a system that is conducive for start-ups.
This initiative will provide budding entrepreneurs and experienced businessmen an easier
access to funding and incubators by offering them an easy-to-use platform that can be
downloaded on to any smartphone device.
Key points of the initiative:
Single window clearance, and creation of App
10,000 Crore funds of funds
80% reduction in patent registration fee
90-day exit window
Exempted from capital gain tax
Tax exemption on profits for 3 years
Reduction in red tape
New compliance system (self-check)
IPR (Intellectual Property Rights) protection
Additional reading: How can young entrepreneurs benefit from the Make in India
campaign started by Mr. Modi?
In order for a start-up to be considered eligible for the initiative, it needs to meet the
following requirements:
Registration of Start-up
Option 1: An entity can register itself through MCA or Registrar of Firms using the existing
processes and subsequently register itself on the Startup India portal and mobile app as a
Startup to avail the benefits.
Option 2: An entity can register itself through the Startup India portal and mobile app
using a seamless process. This facility would be made available in the second phase of the
Startup India portal and mobile app launch.
1. Log in to Startup India Portal
In order to make your venture easy, Healy Consultants will be pleased to assist you in
registering a start-up. Read this guide of company registration in India prepared by Healy
Consultants.
94.6k Views View Upvotes
If I register a new company in India which makes mobile apps, will I get tax
exceptions under startup India tax exceptions?
How do I register a new company & TIN for a company? What is the procedure and
what are the documents needed to apply for it in India?
How much should it cost to hire an accountant for annual tax filing for a 2-year-old
non revenue generating SaaS startup, registered as a C-Co...
The Partner of the registered Partnership firm can file a case against the firm or
other partners of the firm
Case can be filed against Third Party by having the partnership firm as one of
the Parties
One Person Company
One Person Company is the improvement over Sole Proprietorship firm which gives
complete control to one founder and gives a benefit of Limited Liability to the founder.
OPC is registered with Registrar of Companies (RoC) under Ministry of Corporate Affairs
(MCA)
The private limited company is the most successful business type in India. The business
owners hold all shares of the company privately. Shareholders may operate the business
themselves, or hire directors to manage the company on their behalf. Forming a private
limited company results in protection of personal assets, access to more resources, financial
assistance and greater tax cuts.
Registering new business in India, some official procedures a company has to follow in
order to register them in Indian official records, MCA (ministry of Corporate Affairs) has to
made registration process online few years back.
The registration includes some must follow rules and some registration like Digital
Signature Certificate (DSC), Director Identity Number (DIN), Filing an eForm or New user
registration and Incorporate the company.
1. A private limited company should have a minimum capital of Rs 1 lac. The
registration fee and stamp duty depends on the capital of the company and the
state in which the company is registered.The company name should reflect the
business objects of the company. It should be such that it does not resemble the
name of any existing companies. If the proposed names resemble any existing
business entity, the Registrar of companies may reject the name application.
2. Partnership firms are not a separate legal entity; hence the partners and the
partnership firm are the same. However, for income tax purposes, partnership
firms are treated as a separate entity and hence need to obtain PAN from the
income tax dept and file income tax returns.
3. Only a natural person can form a One Person Company. A private company
or an LLP can NOT start an OPC. The member should also be a resident on
India.
For more details on registering Pvt ltd,Partnership,NGO,Trust,Sole Proprietorship firm
contact :
India Startup Company Registration Firm
Email: info@indiastartup.in
Phone No.: +91 87227 50204
39.7k Views View Upvotes
Nithin Muniswamy
Written 8 Aug
If you are starting a company to bring some change through their new Product/Services, you
must go for Private limited firm. Reason for this is easy to raise funds.
Registration of Company
1. Name Selection: Check whether your desired company name is available or
not at MCA website. Name must be unique & must resemble with business you
intend to do.
2. Registration of Name at ROC: Name approval usually takes maximum of 14
days. This is done online through MCA website. Moreover, you need to apply
with at least 4 names for approval with a writeup about significance of names
with main business of the company.
a. Documents Required:
i.
Options for names for the proposed Company
ii.
Amount of Share Capital; proposed shareholding ratio
iii.
A paragraph on the proposed major line of business of the
company
iv.
City of Registered Office.
v.
Copy of ownership deed/sale deed(if you own the premises)
vi.
Copy of rent agreement with NOC (if premises is rented)
vii.
Copy of latest electricity bill/telephone bill/mobile bill for both
directors
viii.
Copy of latest electric bill/telephone bill for the registered office
proof.
3. Obtaining DIN & DSC:
a. Documents Required
i.
PAN Card copies for directors and shareholders.
ii.
Voter ID/Passport/Driving License for directors and
shareholders.
iii.
Occupation of the Directors for directors and shareholders.
iv.
E-Mail IDs of all directors and shareholders.
v.
Phone Numbers for all directors and shareholders.
vi.
Photos for directors and shareholders
4. Company Incorporation: After above mentioned formalities have been
completed, we need to file following forms/docs in Rs 100 stamp paper:
a. Affidavits for non- acceptance
b. INC 9, INC 10
c. DIR 2
d. NOC : This is required to be filed by the owner of the property on which
your company will be situated.
e. Subscriber Sheets of MOA & AOA
f. Documents required for filling MOA & AOA
i.
Must be filled on OWN handwriting
ii.
Passport size photos
iii.
Sheets needs to be witnessed by CA/CS/Advocate
Obtaining PAN/TAN: After company gets incorporated, you have to pay
for tan application fees in order apply for PAN/TAN .
Trade Licence in case you are selling PRODUCTS: This is required in
some places for carrying out sales. You can obtain this from local Municipality.
VAT/CST registration for selling Products: For selling intra-state, you
need VAT registration & for selling inter-state, you need to register for CST.
1. Documents Required:
a. Trade Licence
b. Company Incorporation Certificate
c. PAN card of company as well as of all the directors
d. Proof of residence of Directors
e. Proof of occupancy of place of business (Rent agreement/ ownership
deed, Rent Bills etc)
f. MOA & AOA of company
g. Current Account in the name of company in any national bank
11.7k Views View Upvotes
Minimum 2 Shareholders
Minimum 2 Directors(The directors and shareholders can be same person
No Minimum Capital Required
DIN (Director Identification Number) for all the Directors
BV Johnawest
Written Nov 5
Are you looking for best CA to give you the right solution?
Are you looking for the professional person who can help with your company
registration?
It could be firm registration, private limited, public limited, proprietorship, sole trader,
LLC, etc., all kinds of company related things, it is really a tough task to make things happen
successfully.
To make your company registration process smoothly without any stop, i would like to
recommend a very experienced CA from Hyderabad, India. He has over 20+ years of
experience in this field and believe me very friendly person in assisting the entire process.
When we get in touch with this company called Chanakya Tax Filing you will be relax
and works will be done like a flow. So are you interested to have a discussion with the
concern professional?
Click here to contact the company registration specialist from Hyderabad,
India.
Personally I suggest Chankaya Tax Filing Hyderabad for you company registration and
other financial services. They served us better and we are happy with their services.
I would like to suggest Chanakya Tax Filing as the best to register companies in Hyderabad.
In order for a start-up to be considered eligible for the initiative, it needs to meet the
following requirements:
H G, hgcorporates.com
Updated Nov 30
To Register a Startup company in India youll need to take help of professional & licensed
company registration service providers like us.
We will get your company registered in less than 10 days, with all inclusive price of Rs.
13,700/-.
We shall consult with you and draft your Memorandum of Association &
Article of Association for your kind perusal so that your Company is
incorporated with the best drafted Memorandum & Articles.
Form 1 has been replaced with Form INC-7: For Application of Incorporation of
Company.
Documents Required: Memorandum of Association (To be prepared by us)
Article of Association (To be prepared by us)
Affidavit from Subscriber (Non Acceptance of Public Deposit Format
to be provided by us)
Id Proof of Subscriber (/Passport/Voter Id/Aadhar/Driving License Any
ONE)
Residential Proof of Subscriber (Latest Bank Statement/Latest Mobile
Bill/Latest Telephone Bill / Latest Electricity Bill)
INC 9 & INC 10 as attachment in Notarized Stamp-paper (Format shall be
provided by us)
4. Company Address Form 22 for situation of Office Address:
We shall apply for Name Approval with the ROC. A maximum of 6 Names can be
provided for Name approval.
5. DIR-12 for information regarding the Directors:
Declaration by Director (Format to be provided by us). Consent Letter by
Director (Format to be provided by us)
6. Getting Incorporation Certificate:
After Uploading the Forms, generally within 3-7 working days, a Company Incorporation
Certificate is received.
Minimum Requirements for Private Limited Company Registration
Startups can get income tax exemption for 3 years in a block of 5 years, if they are
incorporated between 1st April 2016 and 31st March 2019.
For Entrepreneurs and Startup wants to know about Modi's Startup India Initiatives. There
are lot of confusion between startup's like how they can register with the Startup India
Initiatives.
All these initiatives have been launched in tune with Modis Startup India vision. A number
of initiatives were launched after the announcement of Startup India.
Startup India Hub has been launched an interactive online learning and development
module to educate Startups and aspiring entrepreneurs, through various stages of their
entrepreneurial journey. The learning and development module is available through the
Startup India portal (Startup India)
The hub has been able to resolve 23,290 queries received from Startups through telephone,
email and Twitter. One can get in touch with the Hub on Toll-Free number: 1800115565 or
email: id dippstartups@nic.in
1.8k Views View Upvotes
Company Registration is an important part of your start-up business and you should make a
long term relationship with your accounting manager/company.
I would like to suggest Akshara Finserv private limited as a best accounting company
offering private limited company registration in Hyderabad, India.
Click here to Contact us for to know about your company registration
Where-ever you are from, we will register your company. Dont worry, contact to to clear
your doubts. We are offering all india wide Private Limited company registration service
from Online. We collect your documents through online and make the process done.
The idea of One Person Company (OPC) in India was introduced to give a boost to
entrepreneurs who have great potential to start their own venture by allowing them to
create a single person company. One of the main benefits for OPC registration is that only
one member is required in an OPC, while a minimum of two members are required for
forming and maintaining a Private Limited Company or a Limited Liability Partnership.
Since an OPC is a separate legal entity it ensures protection to owner by limiting his liability,
easy to set up and maintain comparatively.
Click here to Contact us for to know about your company registration
Limited Liability Members personal assets are safe and liability of members is
limited to the assets of the company.
Separate Legal Entity- A private limited company is a legal entity and a juristic
person established under the Act.
Uninterrupted Existence-A company has perpetual existence and stays
unaffected by the death of any of its members or change in ownership.
Borrowing capacity- Banks and financial institutions prefer lending to a
company rather than proprietary firms. So it is preferable to register your
startup as a One Person private limited rather than proprietary firm.
Get your registration done through Akshara Finserv Pvt Ltd. It is the best legal Service
provider of all business related and offers effective and efficient services.
Click here to Contact us for to know about your company registration
In order for a start-up to be considered eligible for the initiative, it needs to meet the
following requirements:
Registration of Start-up
Option 1: An entity can register itself through MCA or Registrar of Firms using the existing
processes and subsequently register itself on the Startup India portal and mobile app as a
Startup to avail the benefits.
Option 2: An entity can register itself through the Startup India portal and mobile app
using a seamless process. This facility would be made available in the second phase of the
Startup India portal and mobile app launch.
1. Log in to Startup India Portal
2. Choose your legal entity
3. Input your incorporation/registration number
4. Input your incorporation/registration date
5. Input PAN number (optional)
6. Input your address with postal code & state
7. Input authorized representative details
8. Input director(s)/partner(s) details
9. Choose and upload supporting documents and self-certification
10. Incorporation/registration certificate of company/LLP/Partnership
11. Registration to avail tax and IPR
12. Certify the official notification terms and conditions
In order to make your venture easy, Akshara Finserv Pvt Ltd will be pleased to assist you in
registering a start-up. Read this guide of company registration in India prepared by
Akshara Finserv.
6.3k Views View Upvotes
If you want to start company in India as Private Limited Company, you need the Follow the
following procedure:
1.
2.
3.
4.
Further, Some affidavits and declarations are also required to be executed by the Director
and Shareholders at the time of Incorporation
Additionally following Doc are also required :
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