The private limited company registration is one of the best parts of registration of your business in India. that helps many ways for the business to under register on this.
The company is the origination or a separate entity for the business. The company is separately able to file a tax return and responsible for income and expenses. The private limited company registration helps the business to register according to the terms and condition and fallow the separate process that required for the business registration.
The private limited company is one of the spectrum is an individual - who is taxed for income, who needs to file GST returns every month. AN individual can start a "proprietorship" which is an entity that exists in name only, but the taxes are borne by the individual. So I can start an "SEO company in Navi Mumbai" proprietorship which can earn income - I can get the bank account on this name, but the net income of that business is charged to me personally and I pay income tax in the name Rohit kaurav.
How to register a private company in India?
For registering the private limited company in India you need to discuss with the ca in Mumbai, which is the person who is working to register any company. The process of company registration is blown.
The business name of the company will able to depend on the reserve unique name (run), the portal will allow the business owner to search the name ability or already register a company name so if the name is available then the business will choose on that name. The income tax consultant will helps you to give detail information about this.
Name approval can also be sought while filing the (INC-32) form. This process requires the certification of the documents are:
Resolution from the parent company for the use of trademark/main name and intention to incorporate an Indian subsidiary
Charter or certificate of incorporation
The digital signature is the electronic copy of the company owner identity that who are able to be the director of the company and it will help for the New Company Registration and It will take the time approximately 3 to 7 working days.
In the company, all of the directors have the digital signature which is valid for two years.
The foreigner is able to certify by the process of submitting their passport copy and that also certified by the Indian embassy of that particular country.
Every director of a company must possess an eight-digit DIN. An individual is allowed to possess only one DIN, even if he/she is a director in multiple entities.
Once acquired, a DIN never expires and does not necessitate any further filings.
INC-32 is an extremely detailed online form covering the application for DIN, reservation of company name, and incorporation of a company.
Memorandum of Association
Articles of Association
Copy of utility bills (not more than two months)
Proof of office address (conveyance/lease deed/rent agreement with receipts) etc.
Overall the business register under the PVT ltd company registration in India, It will get many benefit on this. The government also provides many facilities on this kind of company registration. It also helps to promote the business.
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