Name: Private Limited Company Registration
Brand: Vakilsearch
SKU: 15
Rating: 4.7 (11342 reviews)

Question 1

What are the compliances after a company is registered?

Accepted Answer

Once a company is registered, it must undertake several responsibilities. These include filing taxes, submitting annual reports, maintaining precise accounting records, and complying with both employment and safety standards.

Question 2

What are the steps after the company registration is complete?

Accepted Answer

1. Put into action your organisation's paperwork.
2. Set up a business banking account.
3. Establish a registered office and acquire a Corporate Identity Number (CIN).
4. Hire an accountant and auditors.
5. Develop a website and devise marketing strategies.
6. Attain startup recognition.
7. Register your trademark and apply for GST.

Question 3

How to register a company in Tamil Nadu?

Accepted Answer

To know how to register a company in Tamil Nadu, you need to follow the guidelines provided by the Ministry of Corporate Affairs (MCA) in India. The company registration process involves obtaining Digital Signature Certificates (DSC), Director Identification Numbers (DIN), selecting a suitable company name, preparing the necessary documents, filing an application with the Registrar of Companies (RoC), and paying the required fees.

Question 4

Who Is Eligible for Pvt Ltd Company?

Accepted Answer

To understand the eligibility for pvt ltd company registration, one must know any individual or group of individuals, including foreigners, can be eligible to form a Private Limited company in India. However, there are certain criteria that need to be met, such as having at least two directors and two shareholders. The shareholders can be individuals or corporate entities.

Question 5

How can I check if a company is registered?

Accepted Answer

You can check the company registration process in India by visiting the official website of the Ministry of Corporate Affairs (MCA) or using the MCA21 portal. There, you can search for the company's name or Corporate Identity Number (CIN) to verify its registration details.

Question 6

What is the cost of Private Limited company registration in India?

Accepted Answer

The cost of Private Limited company registration in India can vary depending on various factors, such as the authorised capital of the company and the professional fees charged by the consultants or Chartered Accountants involved in the company registration process. It is recommended to consult a professional to get an accurate estimate of the costs involved.

Question 7

What are the types of incorporation in India?

Accepted Answer

In India, there are several types of company incorporation including Private Limited Company, Public Limited Company, One Person Company (OPC), Limited Liability Partnership (LLP), and more. Each type has its own characteristics, legal requirements and limitations.

Question 8

Which is better, OPC or Private Limited Company?

Accepted Answer

The choice between an OPC and a Private Limited Company depends on various factors, such as the number of members, the structure of ownership, liability protection, and long-term goals. OPC is suitable for single entrepreneurs, while Private Limited Company offers more flexibility and scalability for businesses with multiple founders or investors.

Question 9

Can I run a startup without registering?

Accepted Answer

While it is technically possible to operate a startup without registering a company, it is generally advisable to register your business entity for legal and operational purposes. Registering a company provides a separate legal identity, limited liability protection, access to funding, and credibility in the market.

Question 10

Can I register a company myself in India?

Accepted Answer

Yes, you can register a company yourself in India by following the prescribed procedures and guidelines provided by the Ministry of Corporate Affairs (MCA). However, the company registration process can be complex and time-consuming, so it is recommended to seek professional assistance or consult a Chartered Accountant to ensure accurate and efficient registration. ‘Talk to CA’ today.

Question 11

Do I need a CA to register a company in India?

Accepted Answer

While it is not mandatory to hire a Chartered Accountant (CA) to register company in India, it is highly recommended to seek professional assistance. A CA can provide expert guidance, help with document preparation, ensure compliance with legal requirements, and expedite the company registration process. If you need assistance with company registration, you can contact Vakilsearch to talk to an expert and get professional support throughout the company registration process.

Question 12

Who can be a director in a Private Limited company?

Accepted Answer

Any individual who is above 18 years of age and not disqualified by law can become a director in a Private Limited company. The director can be an Indian citizen or a foreign national, and there are no restrictions based on gender or residency.

Question 13

What is the minimum capital required to start a Private Limited company?

Accepted Answer

As per the Companies Act, 2013, there is no minimum capital requirement to start a Private Limited company in India. You can choose any authorised capital for your company based on your business needs and goals. It is important to note that the authorised capital does not need to be fully paid-up at the time of company incorporation.

Question 14

How do I check my company status on MCA?

Accepted Answer

You can check the company formation status on the Ministry of Corporate Affairs (MCA) website or through the MCA21 portal. By searching for your company's name or Corporate Identity Number (CIN), you can access information about its registration status, active or dormant status, directors, filings, and more.

Question 15

Is a Private Limited company allowed to issue shares to the general public?

Accepted Answer

No, a Private Limited company is not allowed to issue shares to the general public. Private Limited companies are restricted from making public offers of shares and are typically owned and operated by a limited number of shareholders.

Question 16

What happens if my company name is already taken?

Accepted Answer

If your desired company name is already taken or resembles an existing company's name, you will need to choose a different name that is unique and not already registered. It is advisable to conduct a thorough name availability search before finalising your company name to avoid conflicts or rejection during the online company registration process.

Question 17

How many days does it take to register a company?

Accepted Answer

The time taken to register a company can vary depending on various factors, such as the completeness of the documentation, the workload of the Registrar of Companies (RoC), and the efficiency of the registration process. On average, it can take anywhere from 10 to 20 days to register a company in India.Even if you try company registration online

Question 18

Is a physical presence of a person needed for company registration?

Accepted Answer

No, a physical presence is not required for company registration in India. The entire registration process can be completed online, including the submission of documents and the payment of fees. However, certain documents may need to be notarized or attested, which may require physical presence at the notary's office.

Question 19

Is the company registration process completely online in India?

Accepted Answer

Yes, the company registration process in India has been digitised, and most of the steps can be completed online through the Ministry of Corporate Affairs (MCA) portal. From obtaining DSC and DIN to filing the application and submitting documents, the process can be done electronically, making it convenient and efficient.

Question 20

Can subscriber pages of MOA and AOA be altered?

Accepted Answer

No, the subscriber pages of the Memorandum of Association (MOA) and Articles of Association (AOA) cannot be altered after incorporation. These documents represent the founding documents of the company and contain the signatures of the initial subscribers. Any changes to the MOA and AOA can be made through subsequent amendments following the prescribed legal procedures.

Question 21

Is it possible to register a startup company at a residential place?

Accepted Answer

Yes, it is possible to register a startup company at a residential place in India. There is no requirement for a separate commercial or office space for registration. You can provide your residential address as the registered office address of the company, subject to certain conditions and compliance with local regulations.

Question 22

Can I get a company registered without having an address?

Accepted Answer

No, you cannot get a company registered without having an address. Every company in India is required to have a registered office address, which serves as the official communication address for the company. It can be a residential or commercial address, but it must be a valid and accessible location.

Question 23

What is the role of a Registrar in company registration?

Accepted Answer

The Registrar of Companies (RoC) is a government authority appointed under the Ministry of Corporate Affairs (MCA) in India. The RoC plays a crucial role in the company registration process by examining and approving the incorporation documents, maintaining a register of companies, and ensuring compliance with the Companies Act And other relevant laws. The RoC also handles the filing of annual returns, changes in company details, and other necessary filings throughout the lifecycle of the company.

Private Limited (Pvt Ltd) Company Registration Online In India

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