Patnaconsultant is best consultant for Online Company registration in Barh from year 2001. We will make you comprehend about Company formation in Barh, How to register company in Barh in this article.
Details about Company Registration in Barh
Most famous form of concern is Company registration in Barh. Company has some relieve that new 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 lift funds from public. Private Limited company has an additional 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 single-handedly one shareholder, that’s why, its called one person company.
b. Public Limited Company- Public Companies can lift funds from public by way of business of shares, bonds, debentures etc.
Apart from this, Company Act, 2013 has mentioned some special types of companies after that like:
c. Nidhi Company: Nidhi company can take deposits and present loans to its members
d. Producer Company: Producer company is formed by farmers for their mutual benefits
e. Section 8 Company: Company that has plan to spend profits upon 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 extra forms of matter that does not have, like;
- Company is separate genuine entity: Company and its owners are two swap persons in eyes of laws
- Company has timeless 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 stand-in 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 certificate is filed
- Application for company registration is filed
- Company is registered and Incorporation endorse of company is issued by the registrar of companies
Can you gain Online Company Registration done?
- Government of India has made company registration to be curtains online. So, its good news for you. You do 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 handing out apps etc.
Company Registration fees?
Company registration fees change depending on capital, location, types of company and also on basis of number of shareholders and directors that company would have.
Requirement for Company registration in Barh
According to the take effect 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 house 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 endorsement at the become old of company incorporation.
- Obtaining digital signature certificate– In today’s modern world anything is over and done with online. All documents are submitted electronically and for that, every company must attain a digital signature certificate which is used to support the certainty of the documents. A digital signature is obtained by everything 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 reveal of your situation must be unique. The suggested post should not match later than any existing companies or trademarks in India.
Limitations of Private Companies
Despite anything the advantages they offer, private companies as well as have the bearing in mind limitations:
- Private companies cannot freely transfer shares to the public.
- They locate it more hard than public companies to access 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 lift funds from public. It can only lift funds from private sources such as friends and intimates members of directors etc..
Question: 3. What does Limited word mean?
In a limited company, the answerability 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 new 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.
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