Patnaconsultant is best consultant for Online Company registration in Motihari from year 2001. We will make you comprehend about Company formation in Motihari, How to register company in Motihari in this article.
Details roughly Company Registration in Motihari
Most famous form of situation is Company registration in Motihari. Company has some give support to that other form of situation 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 an extra 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 only one shareholder, that’s why, its called one person company.
b. Public Limited Company- Public Companies can lift funds from public by exaggeration of issue 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 accept deposits and have the funds 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 set sights on 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 great features that further forms of business that does not have, like;
- Company is separate true entity: Company and its owners are two alternative persons in eyes of laws
- Company has timeless life: Means it will never die by its own
- Company can purchase assets, hold properties and sell properties in its own name
- Company can sue others or be sued in its name
- Companies’ pan number is alternative 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 finished online. So, its good news for you. You do not have to visit our office to get your company registered. You can send your self attested documents through mails or whatsapp. We will do everything other things done. You can pay fees by online or through paperwork apps etc.
Company Registration fees?
Company registration fees correct 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 Motihari
According to the bill in the Company Act, 2013 in order for any company to be registered in India, the below 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 personal 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 certification by these professionals are necessary. Various professionals such as company secretary, chartered accountant, cost accountant etc are required to make their certification at the time of company incorporation.
- Obtaining digital signature certificate– In today’s futuristic world all is over and done with online. All documents are submitted electronically and for that, every company must purchase a digital signature certify which is used to avow the authenticity of the documents. A digital signature is obtained by anything 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 name of your thing must be unique. The suggested state should not match in the announce of any existing companies or trademarks in India.
Limitations of Private Companies
Despite anything the advantages they offer, private companies furthermore have the with 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 raise funds from public. It can only raise funds from private sources such as connections and intimates members of directors etc..
Question: 3. What does Limited word mean?
In a limited company, the liability 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 clear to call or Whatsapp at +91-8540099000 or Fall us an email at info@meerad.in