Company Registration
Private Limited Company Formation in Jaipur
One Person (OPC) Company Formation in Jaipur
Private Limited Company Formation in Jaipur
A Private Limited Company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them.Shares of Private Limited Company cannot be publically traded.
Limited Company Formation in Jaipur
One Person (OPC) Company Formation in Jaipur
Private Limited Company Formation in Jaipur
A Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholde
One Person (OPC) Company Formation in Jaipur
One Person (OPC) Company Formation in Jaipur
One Person (OPC) Company Formation in Jaipur
The concept of One Person Company (OPC) in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in an OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP).
Nidhi Company Formation in Jaipur
Non Banking Finance Company (NBFC)
One Person (OPC) Company Formation in Jaipur
A Nidhi Company is a type of company in the Indian non-banking finance sector, recognized under section 406 of the companies Act 2013. Their core business is borrowing and lending money between their members.
Non Banking Finance Company (NBFC)
Non Banking Finance Company (NBFC)
Non Banking Finance Company (NBFC)
NBFC is Non-Banking Financial Company; these companies are involved in providing a wide range of financial services which includes insurance, stock-broking , loans for homes, machinery, mobile phones etc. they even accept deposits from people, but they do not provide conventional banking to them.
Company Formation Process in Jaipur
Step 1 - Name Approval
Step 2 - Obtain Digital Signature
Step 3 - Collection of necessary documentary evidences
Step 4 - Preparation of Documents
Step 5 - Filing of necessary forms
Step 6 - Uploading of the forms and payment of requisite fee to the government
Company Formation in Jaipur
Companies Act
Companies incorporated or registered in India are governed by the Companies Act 2013
Shareholders and Directors
- There is no need to appoint local director to incorporate a company in India.
- Foreign nationals can incorporate company in India and hold foreign equity to the extent of 100%, which is dependent upon sector in which company will operate and is subject to approval from either Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Memorandum & Articles of Association
The Memorandum of Association states the main, ancillary / subsidiary and other objects of the proposed company. The Article of Association contains the rules and procedures for the routine conduct of the proposed company. It also states the authorized share capital of the proposed company and the names of its first / permanent directors. After that Memorandum of Association and Article of Association are required to be stamped.
A stamp duty is required to be paid on Memorandum of Association and Article of Association. The stamp duty depends on the authorized share capital.
Share Capital
Shares must be expressed in a fixed amount. “No par value” or “bearer” shares are not permitted. Shares to be subscribed must be expressed in Indian rupees
Accounts & Auditors
Every company is required to appoint an auditor each year at its AGM. An auditor must be qualified by virtue of the Institute of Chartered Accountants of India Act 1949 and completely independent of the company. Audited accounts of the company serve as tool for various stakeholders like creditors, bankers, investors and revenue authorities
Public Filings
The names and personal particulars of the directors and secretary, register of charges, share capital, registered office address etc. must be filed with the Companies Registry for public inspection upon incorporation and if there is any change thereafter
Annual Meetings
An annual general meeting (AGM) must be held once in every financial year and not more than 6 months after the end of financial year. However, a company need not hold its first AGM until 9 months of the date of closing of first financial year.
B K Goyal & Co Chartered Accountants (CA in Jaipur) - All Rights Reserved.
B K Goyal & Co Chartered Accountant - CA in Jaipur