Patnaconsultant is best consultant for Online Company registration in Banka from year 2001. We will make you comprehend about Company formation in Banka, How to register company in Banka in this article.

Details practically Company Registration in Banka

Most famous form of event is Company registration in Banka. Company has some help that extra form of event such as proprietorship firm, partnership firm, or Limited Liability Partnership does not have. We will discuss them in brief in this article. By company registration here we mean, registration of company as per provision of Company Act, 2013. Company Act, 2013 has prescribed many types of companies such as:

a. Private Limited Company- Company which can not raise funds from public. Private Limited company has any more type such as one person company:

One Person Company- This is a special type of private limited company. Unlike general private limited company, it has forlorn one shareholder, that’s why, its called one person company.

b. Public Limited Company- Public Companies can lift funds from public by showing off of thing of shares, bonds, debentures etc.

Apart from this, Company Act, 2013 has mentioned some special types of companies then like:

c. Nidhi Company: Nidhi company can take deposits and find the allowance for loans to its members

d. Producer Company: Producer company is formed by farmers for their mutual benefits

e. Section 8 Company: Company that has point toward to spend profits on its objectives. Means it works for social welfare and is generally categorized as NGO company.

Why to register company?

Company has some good features that further forms of matter that does not have, like;

Company is separate real entity: Company and its owners are two alternating persons in eyes of laws
Company has eternal life: Means it will never die by its own
Company can buy assets, hold properties and sell properties in its own name
Company can sue others or be sued in its name
Companies’ pan number is oscillate form that of its owners
Company can lift as much capital as it wants from public

Process of Company Registration:

Preparation of documents
Application for Digital Signature sanction is filed
Application for company registration is filed
Company is registered and Incorporation certify of company is issued by the registrar of companies

Can you get Online Company Registration done?

Government of India has made company registration to be done online. So, its great news for you. You reach not have to visit our office to gain your company registered. You can send your self attested documents through mails or whatsapp. We will do all other things done. You can pay fees by online or through dealing out apps etc.

Company Registration fees?

Company registration fees adjust depending upon capital, location, types of company and also upon basis of number of shareholders and directors that company would have.

Requirement for Company registration in Banka

According to the undertaking in the Company Act, 2013 in order for any company to be registered in India, the under conditions have to be met.

Minimum capital contribution: There is no minimum capital amount required for registration of a company.
Registered Office: The registered office of a company does not have to be a want ad space. Even a rented home can be the registered office, so long as an NoC is obtained from the landlord.
Professional certificate: Professional certification- In a company there are many professionals which have required for many purposes. For incorporating a private limited company endorsement by these professionals are necessary. Various professionals such as company secretary, chartered accountant, cost accountant etc are required to make their official approval at the epoch of company incorporation.
Obtaining digital signature certificate– In today’s highly developed world anything is done online. All documents are submitted electronically and for that, every company must get bond of a digital signature certificate which is used to support the certainty of the documents. A digital signature is obtained by whatever the directors which are marked on anything the documents by every director.
Two Directors: A private limited company must have at least two directors and at most, there can be 15. Of the directors in the business, at least one must be a resident of India.
Unique Name: The pronounce of your event must be unique. The suggested publish should not match like any existing companies or trademarks in India.

Limitations of Private Companies

Despite everything the advantages they offer, private companies along with have the following limitations:

Private companies cannot freely transfer shares to the public.
They locate it more difficult than public companies to permission external financial support.
Shareholders have greater risks and liabilities.

FREQUENTLY ASKED QUESTIONS

Question: 1. Who is the owner of private limited company?

Shareholders are persons whose names are entered in the Register of Members of the Company. Shareholders are owners of Company.

Question:2. What is Pvt Ltd Company?

Private limited company is company which can not raise funds from public. It can only lift funds from private sources such as contacts and intimates members of directors etc..

Question: 3. What does Limited word mean?

In a limited company, the responsibility of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. The former may be extra divided in public companies and private companies.

Question: 4. How much does it cost to register a Pvt Ltd Company in India?

Cost for registration of company may start from Rs. 2000 and go upto any amount depending upon number of directors, shareholders and amount of authorised capital of company.

For Company Registration, NGO registration, ISO certification, FSSAI license, Trademark Registration, Website Development or registration of your businesses, please feel pardon to call or Whatsapp at +91-8540099000 or drop us an email at info@meerad.in