The best and easiest way to get your Company registered is through Sahyog Tax where you can enjoy all the benefits of Timely Consulting and advice that helps you to convert your dream into reality.
To register your Company, just follow 5 simple steps
Complete the checklist which contains all the information needed to register a Company.
Apply for the name as proposed by you
After name approval, apply for DSC
Share the signed copy of all the necessary Documents.
After Incorporation, Enjoy your Startup.
One of the most prevalent types of "legal structure" for all organizations in India is the establishment of a private limited company. A private limited company may have up to fifty members, with a minimum of two. A private limited company's directors are only partially liable to creditors. Banks and creditors only have the right to sell the company's assets in the event of a default; they are not permitted to sell the directors' personal assets and moreover it comes with several benefits, including “it is easy to register and also easy to dissolve”. The "Private limited company" structure is preferred by startups and growing businesses because it makes it simple to raise capital through outside investment and minimizes the investors' liability. At every stage of the company creation process, we will help you, and our professionals and experts will answer your entire query.
It is mandatory for partners to apply for a DPIN and a digital mark. The digital signature is an electronic signature used for filing, and the "DPIN" is the Director's PIN that the "MCA" issues to each and every Director. This stage can be bypassed if the directors are already in possession of both a DSC and DPIN.
The "MCA" will choose one of the three options you provide for the name of your organisation. The names used should be original and evocative of the company's line of work.
A "Memorandum of Association (MoA)" and "Articles of Association (AoA)" must be written after the "name" has been approved. The "MCA" must receive both the MOA and the AOA, and both must have "Digital Signature Certificates (DSC)" attached.
Forming a "Private limited company" and obtaining the joining certificate typically take 15 to 25 days. The joining certification serves as evidence that the business has been established. Your CIN number is also included.
You must submit applications for both the PAN and TAN after completing the aforementioned tasks. Both are delivered in about 7 business days. In order to open a bank account, you can later present the incorporation certificate, MoA, AoA, and PAN to a bank.
Your company's name is important. It is the first thing that "Purchasers, providers, and partners" will notice about your business. Therefore, it is crucial that it be distinctive, enticing, and appealing. When choosing a name for your business, there are several things to keep in mind.
The name ought to be short and to the point. From the first moment they either hear it or read about it, people should be able to pronounce and remember the name of your business.
Your business should be linked to your company's name. It must complement the branding of the business. Infosys, for instance, makes references to IT or data framework developments.
Your business name shouldn't be the same as or confusingly similar to any brand or entity that already exists. Visit search.legalraasta.com to see if the name of your business is similar to others'. The "plural version factor," such as "Flipkart's," as well as simple letter case changes or punctuation additions should be avoided when adopting an established company's name.
If your company is a limited liability partnership or a private limited company, the name of your organisation should finish in either "LLP" or "Private Ltd."
Your firm name shouldn't be forbidden by the law. It should not violate any religion's customs or principles or be harmful to them.
|Business structure||Tax rate||Effective tax rate|
|Domestic company:||(Base rate)||(Base rate+ surcharge + CESS)|
|Not availing any exemptions or incentives||22%||25.17%|
|Manufacturing companies incorporated after 1st October 2019 and not availing any incentives or exemptions||15%||17.16%|
|Availing any incentives or exemptions||25%||25%+ surcharge + CESS (4%)|
|In any other case||30%||30%+ surcharge + CESS (4%)|