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A Private Limited Company (Pvt Ltd Co.)is an entity which limits the liability of its owner and restricts the transfer of its shares. It is owned by Non-governmental organsiations or by a small shareholder group. It has certain features:
Under Pvt Ltd Company: Categories comes:
Identity proof of Directors- PAN/Aadhar/Driving License/Passport
Proof of address of Directors- Latest Electricity Bill/Latest Telephone Bill/ Rent Agreement/ Bank Account statements having address.
Passport Size of Photographs of all Proposed Directors
Proof of address of Company: Rent Agreement if rented/ Latest Electricity and Telephone bill in case of owned Property.
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To obtain a DSC, you need to apply with your identity and address proofs, and once verified, the DSC will be issued, allowing you to digitally sign documents.
Yes, non-residents can form a company in India, but they need at least one resident director. The non-resident directors must also comply with DIN and DSC requirements and adhere to FDI guidelines.
You can obtain a DIN by filing Form DIR-3 on the Ministry of Corporate Affairs (MCA) website. You will need to provide your personal details, proof of identity, and proof of address, and the form must be signed using your Digital Signature Certificate (DSC).
As of now, there is no minimum capital requirement for forming a private limited company or a one-person company in India. However, Company Should have sufficient funds for the business needs.
After incorporation, companies must comply with various legal requirements, including holding annual general meetings (AGM), filing annual returns and financial statements, maintaining statutory registers, and complying with tax regulations.
The chosen name should be unique and should not infringe on any existing trademarks. It must comply with the guidelines set by the Ministry of Corporate Affairs (MCA), including the avoidance of prohibited words and obtaining necessary approvals for specific words.
Converting a partnership firm into a private limited company involves several steps, including obtaining a new certificate of incorporation, transferring assets and liabilities, updating bank accounts, and notifying all relevant authorities and stakeholders.
The ROC is responsible for the registration and regulation of companies in India. They ensure companies comply with statutory requirements, maintain records, and oversee the incorporation process.
To protect your IPR, you should register your trademarks, patents, and copyrights with the respective authorities. This ensures legal protection against unauthorized use and helps in building a strong brand identity.
Companies in India are subject to various taxes, including corporate tax, Goods and Services Tax (GST), and other statutory levies. It’s crucial to understand the tax structure and ensure compliance with all tax-related obligations to avoid penalties.
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