Register your startup company as private limited with Online Legal India™ at the lowest Fees. Online Legal India is an MCA (Ministry of Corporate Affairs) & MSME registered company in India. Our experienced (10 Yrs+) CA/CS will draft & complete all the documentations on the same day.
Setting up a successful business is the dream for all entrepreneurs but to accomplish your dream you need to first complete your company registration in Bangalore. Online legal India is India’s number one online legal platform that provides all the legal assistance to its customers. Here you can get your company registered in a few simple steps under the supervision of the experts.
Private Limited Company registration in Bangalore is one of the popular forms of business entities. Approximately 90% of companies in India are registered under Private Limited Company. There are more than 150,000 companies that are being registered on a yearly basis. It is a separate legal entity with limited liability and perpetual existence incorporated now under the Companies Act, 2013.
Company registration in Bangalore is the most preferred business instrument that gives you a beneficial position. If your company is registered then it will create a better brand value and recognition helping you to attract more customers. After the company registration has been done you can apply for other services like GST, import-export code and many others. Now let us discuss our plan so that you can understand it in a better way.
At first, you need to understand the criteria that you have to fulfil under the procedure of company registration.
Online Legal India is now recognized by Department for Promotion of Industry and Internal Trade under Startup India.
Online Legal India is a ISO certified body, assuring the quality professional services to aspiring startups.
The Ministry of corporate affairs (MCA), Government of India reduced the fee for private limited company registration in Bangalore, but you cannot register your business for free. The charges are minimal but they are not free.
The One Person Company (OPC) may be transformed right into a Private Limited Company (PLC) as per Section 18 of the Companies Act, 2013 and the provisions of Companies (Incorporation) Rules of 2014. The conversion of OPC right into a private limited company will now no longer have an effect on the prevailing debts, liabilities, duties or contracts of the OPC. The necessities which are important for the conversion of OPC are changes with inside the Memorandum of Association (MOA) and Articles of Association (AOA) of the OPC (As consistent with the provisions supplied in phase 18 of the Companies Act, 2013, alongside phase 122 of the Act). For incorporating a personal constrained organization their desires to be no less than contributors and directors. To follow for conversion of OPC to a personally constrained organization, you want to fill the shape INC-6, to the Ministry of Corporate Affairs, Govt. of India.
Company registration in Bangalore is a scrutinizing process and thus there are few companies that get rejected under certain rules. Some of the rules are:
These are some of the major points out of many other points of rejection.
Digital Signature is a digital code that is attached to the documents to signify equal authority as of the handwritten signature on the document. It is the proof for the authenticity of the document by the owner of the company.
Director Identification Number is an 8-digit identification number that is unique. It is allotted to every individual wanting to become a director or is already a director by the central government. The DIN once allotted has a lifetime validity. The DIN helps the government keep track of all the directors. It is used on all official documents that requires the signature of the Director.
There are various types of company registrations in Bangalore that are available in India that one can register for: They are:
Authorized Capital and Paid-up Capital? Answer: The Capita of a company is the money given by the shareholders to conduct the business activities. It is mandatory under the Capital clause of the Memorandum of Association (MOA). The main differences between the authorized capital and the paid-up capital of a company are described below.
Authorized Capital
Paid-up Capital
For the company registration in Bangalore various documents are required to be submitted. The required documents are:
Providing these documents will enable a smoother registration process.
Digital Signature Certificates (DSCs)in the age of technology has become an integral part. A DSC is required for signing a document or application digitally. There are various reasons why a DSC is required and thus based on their requirements, one can obtain any one of the following three classes of digital signature certificate in India:
Class-1 DSC: This class of DSCs is issued to private subscribers and individuals to help them in securing their email communications, and authentication of their individual identity.
Class-2 DSC: These DSCs are issued to company directors and other signatory authorities of a company/firm/organization.
Class-3 DSC: This class of DSC is useful for participation in e-Tenders and e-Auctions, conducted anywhere in entire India.
MOA stands for Memorandum of Association whereas AOA stands for Articles of Association. Both the documents are important sources of information for shareholders and other stakeholders of a Company.
MOA is used in providing information regarding:
It helps understand the relationship of a Company with the others.
AOAs on the other hand helps provide the necessary documents when the company is incorporated with the Registrar of Companies (ROC). AOA and MOA in conjunction are called the Constitution of the Company.
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