Private Limited Company Registration

Authorized capital is nothing but the maximum value of the equity shares that can be issued by the company. Also authorized capital can be increase any time after the company incorporation to issue additional shares to the shareholders.

Normally it takes close to 15 to 20 days but at Vyaapar Seva Kendra we will get the company incorporated in 10 working days provided the documentation part should be on time from the clients.

Limited liability is the status of being legally responsible only to a limited amount for the debs of a company. Unlike the proprietorship or partnership, in private limited company the liability of the shareholder in respect of the company’s liability is limited.

As per the MCA norms any living individual above the age of 18 years can become a director in the company. Also, there is no restriction in terms of the residency or citizenship.

DIN is Director Identification Number. It is a unique identification no like Pan card no which is required for an individual to become a director. DIN is issued by ROC (Registrars of Companies) office which comes under MCA.

DSC is Digital Signature. It is an electronic signature in the code forms. The same is use for signing the electronic forms, filed with ROC for company incorporation. The DSC cannot be used on the physical documents.

GST is not mandatory for all businesses initially but companies dealing in e-commerce or any other interstate business have to opt for the same. Also, once services-oriented companies cross turnover of 20 lacs & Manufacturing oriented companies cross turnover of 40lacs, GST is mandatory. Though it is advisable to have GST from day one as no one wants to deal with unregister tax vendor in the market.

You need to appoint an auditor in 30 days after company incorporation. The regular GST filings, TDS filings, Income tax filings and the annual return filings need to take care timely basis. Other than this there are few other compliances depends on the nature of business will also need to take care. But don’t worry at Vyaapar Seva Kendra we will be taking care for the same on behalf of you, so you can focus on the business growth.