+91 99622 60333 support@virtualauditor.in

COMPANY REGISTRATION IN BANGALORE

 

You are an Entrepreneur, The Birth of new startup unicorn begins here.
Company Registration in Bangalore

Why Registration

company Registration in Bangalore is the easiest way of meeting capital requirement in an LLP is increase of contribution limit of each partner in LLP. Since, contribution of partners are in and accordance by LLP agreement, any increase in contribution of partners capital may amount to alteration of LLP Agreement.

Many, LLP partners profit share is linked with contribution and any change in the the contribution have impact on profit share. If LLP is increasing the contributions of each proportionality to the present contribution, simple amendment to partners contribution will address issue.

But if some of the partners contribution is increased and others not affected, and contribution have direct relation with partners profit, them before making such changes, till the date partners accounts need to be settled and necessary entries need to be made in partners account.

Company Registartion

Startup Coaching

Co-Legal Management

Steps For Company Registration in Bangalore?

N

REGISTRATION PROCEDURE EXPLAINED

Step 1: Obtain a DIN.

Step 2: Submit RUN or Reserve Unique Name Form, to know more regarding name availability.

Step 3: Obtain Form SPICE INC-32 (E Form is utilized during Company Registration) and DSC.

Step 4: Drafting of AOA in the SPICE form and MOA in the SPICE INC-33 form for company registration.

Step 5: Apply for TAN and PAN details with Form SPICE INC-32 (E Form is utilized during Company Registration)

Step 6: Once the procedures mentioned above have been duly completed, the RoC shall issue a Certificate of Incorporation.

It’s important to be aware of AoA and MoA while registering your private limited company. Since we have completed covering a basic overview of the steps involved in company registration, let’s take a look at other crucial details concerning company registration.

N

NAME APPROVAL

A minimum of one and a maximum of two proposed names must be submitted to the MCA, if only one name is submitted it can be processed in SPICE 32 Forms ( Integrated Incorporation Form). Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 1 to 2 working days.,

N

OBTAINING DSC

Digital Signature Certificate(DSC)  is required for the proposed Directors of the Private Limited Company. DSC can be obtained for the proposed Directors within 1 to 2 days.

N

COMPANY REGISTRATION

DOCUMENTS REQUIRED FOR COMPANY REGISTRATION

 

Documents Needed for Pvt Limited Company Registration via SPICE (INC-32)

 

For Indian Directors/Shareholders

 

  • FORM INC 9; along with a notarized affidavit stating the fact that the company’s directors haven’t been convicted for any crimes leading to their disqualification.
  • PAN Card details of the subscribers and directors
  • Office Address Proof – Passport or Voter ID
  • Utility Bill Copies – (Bank Statements or Telephone Bills), which are no less than 2 months old (This step is mandatory for company incorporation)
  • Rental Agreement copies – if the business operates on rented property
  • A NOC certificate issued by the property owner
  • EB Bill/EB Card of the premises or Telephone bills or Property Tax bills, which can provide legal proof of address for the company.

 

For Foreign Shareholders / Directors

 

  • INC-9 Form
  • A No-Pan Declaration, which is also counter-attested by Indian embassy officials
  • Passport (Apostilled or Notarised in the country of residence) & counter attested by Indian embassy officials
  • Address Proof: Government-issued identification that contains an address, a residence card, or a driving license.
  • Utility Bill Copies: Address proof: Driving license, Residence card, Government issued a form of identification containing an address

REASONS TO DO COMPANY REGISTRATION AS A PRIVATE LIMITED

 

You don’t need to break the budget to register your company. Pvt ltd Company Registration fees are completely nil, which means that DSC, TAN, PAN, and all other fees and duties associated with company creation are lower compared to the charges under previous rules. Startups can take advantage of this fact.

 

  1. Complying with the Companies Act Is a Hassle-free Affair – After company registration procedures have been completed, complying with all other accompanying procedures is a smooth affair.

 

  1. You Can Focus Better on Your Business – In order to achieve success, it is imperative that your mind be free to focus on the challenges facing the company. You can engage the services of experts like Virtual Auditor for all compliance-related issues and save yourself a ton of headaches, while completing your company registration in Bangalore.

 

  1. Closure Cost: Indian laws make it easy to launch your company. However, complying with every government procedure can cost you precious time. In case you’ve been in the business for a while now and are looking for an easy way out, you can contact us to solve your problems.

 

  1. Fundraising Becomes Easier – Every fund house and angel investor want only a specific corporate structure, which protects their investments. Hence, they prefer to invest mostly in private limited companies. Swiggy, OLA, Flipkart are some examples of successful startups that are also private limited companies. Being registered this way opens up a lot of opportunities.

 

DETAILS OF COMPANY REGISTRATION AND ITS PROCEDURES

 

The Directors’ DSC and DIN (Director Identification Number) happens to be a unique eight-digit number, which is issued by Central Government authorities. Once a DIN has been allotted, it is valid throughout the director’s lifetime until it gets deactivated, surrendered, or canceled. Here are the documents required for company registration:

 

  • Passport-sized photographs of the applicants

  • Self-attested address proofs of the applicants 
  • Self-attested PAN Card details of the applicants 
  • DSC or Digital Signature Certificate – Any firm or organization is allowed to apply for digital signature certificates for transactions that involve the MCA. In case you’ve already been issued a DSC, you can continue using the same without the need to request another one. Agencies issue digital signature certificates with a validity of 1-2 years, after which, it has to be renewed. DSC is compulsory to register a company.

 

  • AOA – The Articles of Association or AoA are a list of documents, which define the company’s operations and purpose. It contains the regulations applicable to the company and details of procedures for activities like financial record management and appointment of company directors.

 

  • MOA – The Memorandum of Association is mandatory for registering a company. It defines the scope of power and the constitution of the company. It’s the foundation of the company.

 

  • PAN and TAN – All companies are mandatorily required to furnish their TAN and PAN information using Form 49B and Form 49A respectively. These forms will be automatically generated by the system once the SPICE form has been submitted.

 

  • Certificate of Incorporation – This is a document that pertains to the company’s formation. The State government issues the certificate of incorporation, allowing the formation of a corporation or a non-governmental corporation/entity. It is also a form of valid documentation, which proves the registration of the company. Here, at Virtual Auditor, we can help you complete company registration in Mumbai and obtain your certificate of incorporation easily

Contact us

Call Us

Land line : ‭080-61935527
Mobile : +91 9513939333

Email Us

support@virtualauditor.in

Our Location

7th Floor, Mahalakshmi Chambers, 29, MG Road, Yellappa Garden, Yellappa Chetty Layout, Ashok Nagar, Bengaluru, Karnataka 560001 ( Next To Trinity Metro Station )

Get in touch

Chat on WhatsApp
Hey thanks for connecting, how can I help you?