Private Limited Company (Startup)

Rs. 6998 (10 days Guaranteed Delivery)

• – Two Digital Signature Certificates
• – Two Director Identification Numbers
• – Two Company Name Application
• – Stamp duty on Rupees. One Lakh Authorized Capital
• – Copy of e-MOA & e-AOA
• – e-PAN
• – e-TAN
• – e-copies of Share Certificates
• – Certificate of Incorporation

Timeline- Ten days

Digital Signature Certificate (One day)

Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate

Name Approval ( Upto 3 days )

The applicant can submit two proposed names for approval in the order of preference. In case the applied names are not available for registration, the ministry will give one chance to resubmit the application with another set of two names for approval.

Incorporation Process ( Upto 6 days )

After taking name approval, we prepare MoA (Constitution of company) and AoA (Internal regulation of company) once all these documents are ready and completed, the applicant may file for the incorporation of company

Cost to Client :

Company Name Search                    Free

Consultancy (24*7)                             Free

GST Certificate                                     Free

Two Digital Signature                          2000

Name Application fees                       1000

Stamp Duty                                           1600*

PAN and TAN fees                                 131

Professional fees                                  2268

Grand Total                                                      6998

*stamp duty fees of Kerala, Madhya Pradesh and Punjab are extra

* above fees are calculated on authorized capital of Rs 1,00,000

Documents Required- Only Scanned Copies:

For Directors

• – PAN
• – Aadhaar
• – Passport size photograph
• – Latest Bank Statement or utility bill not older than 2 months

For Registered office

• – Utility bill in the name of owner (not older than 2 months)

Frequently Asked Questions :

1. What is authorized capital and paid up capital?

Authorized capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders.

2. What is limited liability protection?

Limited liability is the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, the liability of the shareholders with respect to the company’s liabilities is limited.

3. Can NRIs register a company?

Yes, NRIs can register a company and invest in India. However, incorporation rules in India require for one Indian national to mandatorily be a part of the company on the Board of Directors.

4. Is an address required in India for starting a company?

Yes, every company registered in India must have a registered office where all official communication is sent by the MCA.

5. How to choose the name while registering a Private Limited Company?

• – A name must not resemble with the name of an existing company or LLP or registered trademark
• – Usage of singular or plural form of words will not be a new name
• – The Phonetically similar name will not be a unique name
• – One shall not use the following undesirable names :
•            1. Prohibited names under the Emblems and Names Act
•            2. Offensive words
•            3. Using words related to finance, investment, securities, etc. if the business activity is not such

6. How do I check the availability of names for my company?

Process to check availability of name of the company   

The name must be checked on MCA portal as well as Trademark portal.

• – To check the name on MCA, open tab CHECK COMPANY NAME from the website of MCA.
• – One should check the name by entering only the first word.
• – One must know the trademark class for goods and services to check the availability under the trademark.
• – Open trademark search from the trademark portal and enter the name and class.
• – One must check by selecting “phonetic” also as MCA also compares phonetically similar names.

7. How do I open a current account?

Once the company is incorporated, a current account needs to be opened in the name of the company for transactions. Choose the bank that you want to open the account with and get the documents like certificate of incorporation, Memorandum and Articles of Association, board resolution, copy of PAN allotment letter and utilities bill.

8. Is GST registration mandatory at this stage?

GST registration is mandatory for certain businesses. Companies dealing with e-commerce operations or any other interstate activity and companies with turnover of more than Rs. 40 Lakhs are required to obtain the same. GST registration takes just 3-5 working days.

9. What about the compliance for a private limited company?

A company is required to maintain certain compliances once it is incorporated. An auditor needs to be appointed within 30 days and income tax filing and annual return filing needs to be done every year. Apart from these, mandatory compliances like ‘Commencement of Business’ forms, and DIN eKYC also needs to be done.