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Registration of a company is very important nowadays, and it has become hassle-free now. It is the standard method of running a company at the present time. After delivering various documents (for example, the memorandum of association signed by a minimum of two members, a statutory declaration that the requirements of the Companies Acts have been complied with) to the Registrar of Companies, the Registrar will then register the name of the company in the company's register and issue a certificate of incorporation.
Company registration fees in India vary upon different factors and this is fully based on the Company Registration Act 2013 under the Ministry of Corporate Affairs. The fees for registering a company mainly depend upon the Stakeholders and the number of directors the company has.
The registering fees include expert opinion and authority charges which can start from Rs.1500/- to Rs.15000/- and can vary upon state taxes, different states charge different amounts upon registration.
Under Section 403 of the Companies Act, 2013 the documents which may be submitted and petitioned for realities expected to be enrolled underneath the Act will be submitted inside the time specified close by the arrangement on a charge of costs.
Private Company Registration Fees: Private company is the most famous and popular kind of business in India, the registration method of a private company falls under The Company Registration Act 2013 and the Companies Incorporation Rule 2014. The Cost to register a Private Limited Company in India/ Registration of Pvt Ltd Company could range from INR 5000/- to INR 35,000/-depending on the number of Directors, No. Of contributors, legal percentage capital and Professional charges.
Nidhi Company Registration: Under Section 406 of the Companies Act of 2013 and the Companies (Nidhi Companies) Rules of 2014 it contains every one of the arrangements which are corresponding to the "joining and administration of the Nidhi Companies in India".The rules and orders for the Nidhi Companies are additionally given by the Reserve Bank of India. These are essentially connected with monetary exercises and speculations by organisations including the NBFCs.In light of "Nidhi Companies" being occupied with the matter of stores and credits by its individuals, certain exclusions have been given to these organisations by the RBI. The interest charged on the advances under a Nidhi Company is very sensible. The reasons these are looked for, incorporate, fabricating/redesign of houses or kid's schooling, and so forth The advances are given against security as it were. The stores under Nidhis don't procure a lot of revenue when contrasted with stores in the coordinated financial area. The registration fees start from Rs 12000/- to 25000/- and can vary according to expert opinion.
Section 8 company registration fees: The principal rationale of enrolling a Section 8 Company in West Bengal is to advance Non-benefit targets like an exchange, business, expressions, a noble cause, instruction, religion, natural assurance, social government assistance, sports, research, and so forth To join a Section 8 Company in West Bengal, at least two chiefs are required. Likewise, there is no necessity of least settled up capital on account of Section 8 organisation.
There are a lot of advantages if your company is registered, some of them are mentioned below:
Legal Identity: The company is a legal identity that has a real existence. He is an artificial man-made by law, his existence is different from his directors and shareholders. It is a legal identity incorporated under company law. The word "legal person" means to personify an identity as a person under the law. He may bring an action and bring an action in his own name. A joint-stock company has its own rights, fulfils its own obligations and manages its own legal procedure. By incorporation, society acquires its own personality. It has a broader legal capacity, as the company can own and lend its assets, which means that individual members of the company are not liable to the company's debtors.
Owning Property: The Company may acquire, own, use and designate property in its own name. The shareholder is not entitled to own the company's assets because he is not the owner of the company. The shareholder has only a share in the company, which results from the company's articles of association, which measure the amount of liability. The shareholder has no right to participate in the company's profit. However, it is covered by the treaty in the statutes. Commercial property is therefore not the property of an individual member.
Authority to sue: A person can take legal action on behalf of his name. Similarly, a company, as a separate legal entity, may take legal action against another person on its own behalf. This includes a change of company name, merger or division.
Borrowing capability: Businesses have the privilege of borrowing funds. They have the capacity to issue and receive bonds from the public. The company calls on banks or other financial institutions to provide more financial assistance.
Passport.
Election Card or Voter Identity Card.
Ration Card.
Electricity Bill.
Telephone Bill.
Aadhaar Card.
Driving License.
Registering a company makes your company secure from any type of legal obligations and gives you a boost to run the business securely.
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