Private Limited Company Registration in Bangalore
@ Rs. 6,800 All Inclusive
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Company registration in Bangalore I Company Formation in Bangalore
Looking for Company Registration in Bangalore for your startup? Secure your registration and consulting services with A N Bhutada & CO. Our firm boasts a dedicated team of business registration consultants, ensuring a hassle-free company registration process. We offer prompt and cost-effective company registration services in Bangalore. The entire process can be completed within 10 to 15 days from the actual working day. Experience straightforward processing, timely updates, and no hidden fees.
In India, amongst small, medium, and large businesses, a Private Limited Company stands out as one of the most popular legal structures. Optimal for those aiming to build a scalable business, its registration mandates a minimum of two members and a maximum of two hundred members. Because of its location and the available logistics, technological, and operational support at an affordable cost, Company Registration in Bangalore has become vital. Let's explore the eligibility criteria and the comprehensive services we offer to delve deeper into the process, fees, and required documents for private limited (Pvt Ltd) company registration in Bangalore.
Minimum Requirement for Private Limited Company Registration In Bangalore
- Members: Minimum 2 members are required
- Capital: The minimum capital required to start the Private Limited Company is 100,000
- DiN: For 2 members.
- DSC: Digital Signature Certificate will be required for all directors
- Address: Address proof like Rent agreement 1 Light Bill [or the registered address is required.
- Indian: Minimum of 1 Director must be resident of India
Benefits of Private Limited Company Registration in Bangalore
Distinct Legal Entity
A Private Limited Company has a distinct legal identity in the eyes of law. The act of Company is different from the act of its members. Just like a natural human being it has its own identity whereby it can enter into contract on its own name, be owner of properties.
Flexibility in Share Transfer
In case of Private Limited Company it is easy to transfer interest of shares from one person to another but comparatively if we look into Proprietorship Firms and Partnership firms transferability of interest of business is difficult.
Owner of Property and Assets
As a company has its own individual identity and is different from its members, it can own various properties and assets in its own name.Be a shareholder in any other company. Even in certain cases a Body Corporate can be 99% shareholder in any Company.
Sue and can be sued
As the Company is completely a distinct identity in the eyes of law thus it has ability to sue and get sued like natural person. To sue means to initiate a legal proceeding against or to bring the proceeding in the court of law. Thus it has complete independent legal entity.
Limited Liability
The liability in case of Company is limited as compared to Partnership firms and Proprietorship firms, especially if we look at Proprietorship firms the liability of the Sole Proprietor is unlimited.
Easy Funds Raising
Private Limited Companies enjoys easy fund raising from various sources like issue of debentures or issue of various securities in form of shares, easily availability of loans from banks etc, but in case of Partnership or Proprietorship raising of funds is not so easy.
Documents Required for Company Registration in Bangalore
ID Proof (Directors details) & Address Proof
What We Offer in Private Limited
Company Registration in Bangalore
- Name Approval
- Certificate of Incorporation
- AOA & MOA
- PAN & TAN
- Digital Signature
- 2 DIN of Director
- GST
- Accounting Software
- ESIC
- PF Registration
Process for Private Limited Company Registration in Bangalore
Digital Signature
DSC for Directors is mandatory
DIN Application
Making online Application to opt for DIN i.e Directors Identification Number
Name Approval
Making Application for proposed name of the Company from Options given by directors
Incorporation through SPICE (Simplified Proforma for Incorporating Companies Electronically)
Making an application to MCA through newly launced online process i.e SPICE (Simplified Proforma for Incorporating Companies Electronically) whereby documents like Memorandum & Articles of Association of the Company is submitted online through forms INC-33 & INC-34 promoting paperless through go green concept simultaneously submitting all required documents and keeping follow up for Certificate of Incorporation and applying for PAN & TAN of the Company.
Start up a Company
Once Certificate of Incorporation is opted, the directors can commence its business
Send me all information about Private Limited Company registration in my mailbox
Government Fees
Total government fees for company registration in Bangalore amount to Rs. 3020. This includes government fees for one name reservation, an authorized capital of one lakh, and two directors. The initial fee for company name reservation in Thane is Rs. 1000. The remaining Rs. 1300 is allocated for stamp duty related to the authorized capital of Rs. 1 lakh. It's worth noting that government fees for company registration may vary from state to state in India. Karnataka stands out with one of the lowest company formation fees. To streamline the payment process, these government fees can be conveniently settled online through internet banking on the MCA site.
What Are next Registration
After Company Formation ?
- Bank A/c:Apply for Bank Account opening
- Shop Act:Apply for Shops and and establishment act license
- PT: Apply for Professional Tax Registration
- GST : Apply for GST Registration if applicable
Best CA or CS Services for Company Registration in Bangalore ?
A N Bhutada & Co is having team of Best CA & CS providing services for Company Registration in Bangalore. Right from consulting to company formation we ensure we cater all your queries and guide you in business formation. We also provide post company compliances of Auditor appointment , DIN KYC , GST Filing , Audit etc.
What are the compliances after
Private Limited Registration and cost ?
- Issue Share Certificate
- Deposit share capital in company account
- File INC 20A
- Conduct Annual General meeting
- Conduct statutory audit
- File Income Tax Return
- DIN KYC & ROC Filing