Private Limited Company Bangalore

 

Private Company Registration

 

The private Company is a simple and popular choice for starting a new business in India.

Private Company controlled by the Companies Act, 2013, where the rules and regulations of the Company and the Directors must comply.

 

To start a new private limited company, two people must be 21 year and above and hold basic documents like Pan, Aadhar, and bank accounts.

 

A Private Company plays an important role as a vehicle to carry the ideas of the promoters in the form of a Company.

 

Before starting any business, you must be clear about the following:

Make the name choice which shall be unique, and catchy, and it should not violate the name guidelines as per MCA.

 

Then, collect the required basic documents from proposed company promoters.

You can approach Team IN Filings, Bangalore, to start the Company Registration.

 

Plus point of Private companies

·         The promoter's risk is limited to their investment in their shares only

·         A Private Company can be registered with minimum two people

·         A private Company allows easy transfer the shares from one to another

·         A quick registration, You can register your Private Company within 2 days of time

·         Private Company gives you dual relation as a Director aswell as promoter

·         Under privateCompany, you can raise a loan in the name of the Company

 

Registration of Private Company always wins

When it comes to goodwill in the general public, other stake holders, registered companies obviously wins out.

 

If you're ready to make a planned business with careful investment, check out our Company Registration Team today.

 

Steps to register your Private companies

Below are the steps to be taken to start a new private company with the help of Team IN Filings

·         Selection of suitable name as per name guidelines by Mca

·         Apply the name reservation with Mca

·         Finalization of terms and conditions in the form of MoA and AoA

·         Filing the e-forms with Roc central office for Registration.

 

 

The main types of companies are:

·         Private Limited Company

·         One Person Company (OPC)

·         Limited Liability Firm (LLP)

·         Nidhi Company Limited

·         Chit fund company

·         Finance Company

 

A company name check is the First step.

If you plan to start a new company in India, you must check the name available with MCA.gov.in and Trade Mark authority. If the name is available, submit your finalized name along with the objective to team@teamIndia.co.in for free, our Team IN filings can go ahead for name reservation application to the Ministry of Corporate Affairs (MCA). We have to make the name reservation application before registering the Company.

The procedure of Company Registration in India

After the name gets approved from Team IN filings, you can provide the documents below for further Registration of the Company.

·         All the promoters, directors Pan, Aadhar, recent month Bank statement

·         Email, mobile, photo of the director

·         Rent agreement in the company name, Electric bill

·         Noc from the building owner

 

Once you submit the above documents, our Team will process the Digital signature and then prepare the MoA and AoA and other documents for review with you.

 

Preparation of Memorandum of Association

After the name gets approved, Team IN filings helps you prepare the company documents. The Main documents in the Company are the Memorandum of association and Articles of association of the Company.

 

MoA – Memorandum of association

MoA talks about the Company’s business activities and other functions. The objectives of the Company have to be classified into main and associated objectives.

The Main objective is all about the Company’s main purpose, like retail, wholesale, etc.

The associated objective is related to the main business objective, for example, marketing, advertisement etc.

Clauses of Memorandum of association(MOA)

The MoA clauses must be arranged in the right structure keeping in mind the Company’s core business. Also, there won't be prohibited business to be taken under this.

 

Fee for Registration of the Company in India

Most company's Registration in Bangalore is completed with Team IN Filings.

 

The cost and time involved have been given on approx. Basis only.

For Private Limited company: fee is Rs.5000 plus Govt. fee, Time: 3 working days.

For One Person Company: fee is Rs.4000 plus Govt. fee, Time: 3 working days.

For Firm, LLP Company: fee is Rs.5000 plus Govt. fee, Time: 10 working days.

For Nidhi, chit fund Company: fee is Rs.15000 plus Govt. fee, Time: 10 working days.

For Proprietorship, Gst: fee is Rs.5000 plus Govt. fee, Time: 10 working days.

 

Company Registration Certificate, full set of certificates.

During the process of the company registration, you will get a complete set of Registration like;

·         Registration Certificate

·         Company Pan

·         Company Tan

·         Company PF

·         Company ESI

·         Company Gst

·         Company Bank A/c

·         Directors/ Promoters DSC

·         MoA

·         AoA

 

Benefits of Company Registration in India

A company is a vehicle; you carry your business without any limit.

The main benefits of Company registration are:

·         It gives you legal status like Pvt. Ltd, LLP etc., to your business

·         It has a perpetual succession of your business

·         The promoters risk is limited to his investment amount only

·         The company can sue and be sued

·         Company promoters play a dual role, one as director and another as promoter

·         The company has the power to borrow money in its name

·         Capital raising is also easy

 

 

The Team In filings Bangalore based Ca and CS professionals practising for the last ten years in Company Registration, GST services, Tax return filing as well as Gst advice Services, Tax consultancy, and Management have been providing various tax planning, business setup filing-related services from the 15 years in India.

 

Team IN Filings provide end to end services on

·         Formation Companies like Pvt Ltd, LLP, OPC etc

·         Business Licenses of GST, Fssai, Trademark

·         Incorporation of a new Company

 

And other License services for meeting all the compliances for your business.

If you have any questions before starting the best business type of Company, please reach us to answer.

 

 

Find your Team IN Filings Company Registration consultant to get your New Company fast and efficiently with our Team members and get expert advice to help you with Company compliance. This includes Tax planning, GST invoicing software and free filing software. GST invoicing, cloud-based filing software, as well as Accountants Assistance. Companies 5K+ are registered. Rapid and reliable Company service provider in Bangalore. Karnataka

 

 

Contact Team IN Filings

Trust our dedicated Team of professionals to get your private Limited Company ready within three working days. 

 

Get in touch with our Team today and get a FREE consultation!

Reach us to manage your Accounting, Gst, Tax services, and Trademark.

 

Call at +91-7019827351 team@teamIndia.co.in to get your Private Limited Company done!