Skip to main content

REQUIREMENTS FOR REGISTRATION OF A PRIVATE COMPANY

 REQUIREMENTS FOR REGISTRATION OF A PRIVATE COMPANY

A private limited company is held for small businesses and is widely prevalent among corporate legal entities. It is the most preferred type of business entity among the Angel Investors, Banks, Venture Capitalists, and other such budgetary organizations. 

Below are a few mentioned documents that are required for the Incorporation of a private company

KYC requirements for directors (with self-attestation)

  • Latest passport size photo.
  • Copy of Pan card of Directors 
  • Copy of Aadhaar Card
  • Copy of Voter Identity card/ driving license/passport of the director
  • In the case of NRI or foreign nationals, a passport copy has to be notarized at the Indian Embassy of the particular country.
  •  Notarized utility bill of the particular country where the NRI or foreign national resides.
  • Latest bank statement of not less than two months old.

KYC requirements for the registered office

  • Registered office proof of the company stating if the property is rented/ leased, 
  • Copy of the rental agreement or lease agreement.
  • Copy of electricity/water bill (business place)
  •  In the case of own property, a copy of the sale deed and electricity bill is sufficient
  • Copy of no objection certificate from the owner of the property

Conclusion

The most common kind of business entity is a private limited company (Pvt Ltd). Aavana is the best solution if you're an entrepreneur seeking a private limited company registration procedure. We will guide you through the full process of forming a private limited business.

We've also taken care of online private business registrations, so you can rest easy. Our courteous and devoted personnel will assess your requirements and provide the appropriate services without delay.

Comments

Post a Comment

Popular posts from this blog

Private Limited Company Registration by ACSPL

Image
  Private Limited Company Registration  by ACSPL What Do You Get After Incorporation Are you planning to register a company? Read about a few ways through which you can  Save Taxes in a Private Limited Company. Private Limited Company Registration At Affordable Rates Aavana Corporate Solutions will also help in online private company registration. We specialize in company registration with a wide range of business entities like Private limited,  One-Person Company (OPC) ,  Limited Liability Partnership (LLP) , and  Public Limited Company.  What’s impressive is that we offer all these services are provided at cheaper rates without compromising on the quality. Contact Us Trust our dedicated professionals to get your  Pvt ltd registration  done on time.  Get in touch  with us today and get a  FREE  consultation! Count on us to handle all your  Accounting  and  Taxation  services as well
Read more

Compliance under Provident Fund

Image
  EPF is generally a scheme that is introduced to provide wider benefits for the employees on the completion of their employment. Every company that employs 20 or more employees falls under the EPF scheme. Here is the compliance checklist under EPF Act Eligibility Any person employed for work at an establishment or by a contractor in or in connection with an establishment and drawing a salary of Rs 15,000 per month is eligible under the EPF Act. The salary is calculated as basic salary and dearness allowance. Rate of contribution Employer – 12% Employee – 12% 1.6% to the central government Pension Fund All employees who fall under the Provident Fund become a member of the Pension Scheme. If a person earns Rs 15000 per month, 8.33% of the basic salary is contributed towards the pension scheme from the employers share of contribution. A minimum contribution of ten years is required to receive monthly pension. Compliance Checklist Employers PF dues – 15th of the following month Employ...
Read more

AFTER INCORPORATION OF A COMPANY WHAT ARE THE STEPS TAKEN

Image
 AFTER INCORPORATION OF A COMPANY WHAT ARE THE STEPS TAKEN After the incorporation of the company, there are a few compliance’s that need to be done before 30 days from the date of incorporation. However, other requirements need to be done on whether or not in 30 days. These compliances are regulated by the Registrar of Companies. Any violations of such compliances will cause further problems and attract penalties. A few steps that need to be initiated after the incorporation of a company are mentioned below Company name board After the incorporation of a company, it is important to have a name board for the company and needs to contain the following details Name, registered office address, CIN number, GSTIN Number, etc. Letterhead of a company Letterheads help in better communication between two parties. For businesses of all sizes, be it individual business, a small company, or a large corporation, a letterhead must be used by all. Print the below-specified details on all busines...
Read more