COMPANY REGISTRATION IN CHANDIGARH
Thinking of starting your new business or
expanding the existing one in India? It is highly preferred to choose company
registration in Chandigarh because of its easy process as well as tax and
regulatory benefits values over other business establishments. The Ministry of
Corporate Affairs (MCA) oversees the registration of a company in India, and it
regulates all stages of incorporation including meeting other formalities.
Our team at eFiling Company, top-rated
company registration consultant in Chandigarh is committed to providing you
with guidance during your registration in Chandigarh so that you can have your
papers within 7-12 working days. You focus on planning for your business while
we take care of all paperwork and fulfilment.
The following are documents required for
company registration:
- Photocopies of PAN Cards
- Copies of Passport Photos
- Voter ID cards / Aadhaar Card copy
- Lease Agreement Copy (if property is rented)
- Electricity/Water Bill for Business Place
- Photocopy of Property Papers (if property is owned)
- Landlord NOC (Format available)
The Process to Register a Company in
Chandigarh
1. Digital Signature Certificate (DSC) and
Directors Identification Number (DPIN) Application
In the beginning, partners have to ask for
the certificates of digital signature and DPINs. DSC is an electronic signature
used for filing while DPIN means Director PIN number given by MCA. If directors
hold DSCs and DPINs already, this step can be skipped.
2. Approval of Name
You are required to provide three options
of distinct names for your company to MCA from which one will be chosen. The
chosen names should ideally be unique and suggestive of what the company does.
3. Submitting Memorandum of Association
(MOA )and Articles of Association (AOA )
After that, MOA and AOA should be prepared
on approval of name selected by you .These documents are both submitted to MCA
together with statement on subscription.
4. Get the Certificate of Incorporation
For establishment of a Private Limited
Company as well as getting incorporation certificate it takes 15-25 days generally.
The certificate signifies that the company has been established and also
contains Corporate identification number(CIN).
5.Application For PAN, TAN And Opening Of
Bank Account
Subsequently, you should also apply for
Permanent Account Numbers (PAN) and Tax Deduction and Collection Account
Numbers (TAN). Normally, PAN and TAN are received in just seven working days.
Upon this, incorporation certificate, MOA, AOA and PAN may be supplied to open
a bank account.
Are you ready to turn your business dreams
into reality? Then, eFiling Company, top-rated company registration consultant
in Chandigarh, can be the portal through which you may achieve this. Here’s
why:
-
Legal Protection and Credibility:
Registering your company makes it a separate legal entity from you. This
prevents personal assets from being applied in business liabilities and adds
credibility to the business, making customers, investors and partners trust it.
-
Tax Benefits: There are countless tax
advantages that come with registering a company. Lower taxation rates on
business expenses to deductions resulting into potential large-scale tax
savings will hence improve your bottom line.
-
Access to Funding: Do you need money to
expand your operations? Registered firms find it much easier to access
financing alternatives like bank loans, venture capital or angel investments.
In addition, investors prefer companies registered over them for the
transparency and accountability they provide.
-
Brand Protection: The name of your company
as well as its logo are very important assets. By registering your enterprise
legally, it secures its brand identity thereby stopping others from using
similar names or trademarks that would dilute its value.
-
Business Expansion: By registering your
business, you will have a good base to expand your operations. As a result, it
can be allowed to step in fresh markets, engage in partnership and even merge
or acquire easefully which would enable long term growth and success.
-
Government Contracts and Opportunities:
Most government contracts are only limited to registered firms. This
registration exposes you to fat government tenders that could open new avenues
for generating revenue.
Our eFiling Company, top-rated company
registration consultant in Chandigarh, recognizes the importance of company
registration in realizing one’s entrepreneurial dreams. The professionals we
have on board are qualified enough to take you through the process with much
ease without breaking any laws that govern us. Start building your fiefdom with
eFiling Company today.
Checklist for Registering a Company in Chandigarh
The Companies Act, 2013 has defined many
things that would be fulfilled in order to register any company in India.
-
Two Directors at Least: A private limited
company can have minimum of two directors and maximum number of them should not
be more than that. Among these directors, there should be at least one citizen
of India.
-
Company Name Registration: It is not
possible to give your business the name which is already being used by other
companies or trademarks available on the market today.
-
Minimum Capital Contribution: There is no
lowest limit of capital that a firm must start with. A firm as such should have
an authorized capital of Rs.100000/-
-
Registered Office Address: The registered
office of the company need not necessarily be a commercial space; even a rented
house would suffice provided there are no objections from the landlord.
FAQs for Company Registration in Chandigarh
Q. What are the conditions required to
include a Private Limited Company?
A. The prerequisites for company
registration in Chandigarh or incorporating a private limited company are as
follows:
- A minimum number of two and a maximum of 200 members.
- Directors and shareholders should be at least one each.
- Every Director must have a Director Identification Number (DIN).
- PAN Card Copy of directors/shareholders & passport copy for NRI
subscribers.
Q. Can we use our home address for Company
Registration?
A. Yes, the company has to produce proof of
address during incorporation but residential address can be used as the
registered office of the company as allowed by Ministry of Corporate Affairs
(MCA). This means any Address you want could be provided.
Q: What does MOA and AOA stand for?
A: Memorandum of Association (MOA) is
defined under section 2(56) of the Companies Act 2013. It describes how the
Company is established, including its powers, structure and objects.
The Articles of Association (AOA) are
defined under section 2(5) of the Companies Act in which it prescribes all
regulations, rules relating to management of a company
Q: What are the attachments
to Form 8?
A: The documents to be attached with Form 8
are:
-
Disclosure under Micro, Small and Medium
Enterprises (MSME) Development Act, 2006 is a mandatory attachment.
-
In statement of contingent liabilities
should be attached in case of any contingent liability.
-
Any other relevant documents may be
provided as an optional attachment.
Q. Is it mandatory to file eMOA and eAOA
along with SPICe+?
A. Yes, it is necessary to file eMOA and
eAOA in the following cases:
- Individual subscribers are Indian
nationals.
- If individual subscribers are foreign
nationals, they must have a valid DIN and DSC and also submit proof of a valid
business visa.
- Non-individual subscribers based in
India.