Tuesday 6 August 2019

Company Formation in Gurgaon

Company Formation

Looking to Incorporate company in India! let us help you in taking care of your legal business needs taking your hassle away and let you concentrate on your core business needs
Company FormationPrivate LimitedPublic Limited
(Cost Inclusive Of Taxes)16,000/-30,000/-
Authorized CapitalRs100,000Rs 500,000
DIN Application
(Director Identification No )
2 Directors3 Directors
DSC (Digital Signature of Director )2 Director3 Director
Application Of NameYesYes
Drafting MOA & AOAYesYes
Certificate Of IncorporationYesYes
Certificate Of CommencementYesYes
Total Time Taken15 working days (Approx)15 working days (Approx)
PAN & TAN ApplicationYesYes
1 Year Corporate AdvisoryYesYes


Legal Structure of Company in India

In India incorporation of company is governed as per the Provisions of Companies Act 2013 and authority approving the company registration is Registrar of Companies.
In India Company existence can be in the form of Private limited or Public limited
Private Limited
Public limited
Minimum authorized capital required
RS 100,000
Rs 500,000
Registered Office
Must be in India
Must be in India
Minimum and Maximum Number of  Share holder
Minimum 2 and Maximum 200
Minimum 7 and Maximum No limit
Minimum and maximum no of Directors
Minimum 2 And Maximum 15
Minimum 3 and Maximum 15
Foreign Investment
Yes as per the FDI policy **
Yes as per the FDI policy **
Corporate Taxation rate (for upto Rs. 10 crore income)
(However, from AY 2017-18, basic tax rate is 29% if turnover does not exceed Rs. 5 crore.)
Yes Yearly
Yes Yearly
Filing of Financial Statements with the Registrar Of Companies
Yes Yearly
Yes Yearly
Acceptance of deposits
Restriction On transfer Of shares
Board Meeting
Once in Every Qtr
Once in Every Qtr
Annual General Meeting (Shareholders)
Once in a Year
Once In a Year
**Foreign Direct Investment (FDI) in any form is prohibited in any Indian entity, whether incorporated or not, which is engaged or proposes to engage in the following activities:
  1. Lottery Business including Government/private lottery, online lotteries, etc.
  2. Gambling and Betting including casinos etc.
  3. Business of chit fund.
  4. Nidhi company.
  5. Trading in Transferable Development Rights (TDRs).
  6. Real estate business (However, FDI is permitted in development of townships, construction of residential/commercial premises, roads or bridges educational institutions, recreational facilities, city and regional level infrastructure, townships), or construction of farm houses
  7. Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  8. Activities / sectors not open to private sector investment e.g. Atomic Energy and Railway Transport (other than Mass Rapid Transport Systems).

Documents Required Company Formation

We will need following details/ documents
  1. PAN card copy for proposed directors for Indian resident, for Non-resident copy of Passport (self-attested).
  2. Address proof for proposed directors, (self-attested).
  3. PAN card copy for proposed shareholders for Indian resident for Non-resident copy of Passport, (self-attested)
  4. Address proof for proposed shareholders, (self-attested)
  5. One photograph of each proposed director and shareholders,
  6. Valid mobile No. and mail id,
  7. Name of the company proposed, 6 names in order of priority,
  8. Proposed state in which the registered office will be situated for the Company,
  9. Address of registered office & proof of registered address (i.e. Electricity Bill, Telephone/Mobile Bill, Gas Bill),
  10. Address of the police station in whose jurisdiction registered address of the company lies,
  11. Authorized share capital of the proposed company
  12. Main object for the proposed company.
  13. Digital signature of any one of the director.

Thanks & Regards
CA. Ashwani Rastogi
Partner, ARJS & Associates
Chartered Accountants 

Address- 2029, Bank St, Near Shreem Jewellers, Block 47, Beadonpura, 
Karol Bagh, New Delhi, Delhi 110005
Mobile Number+91-9990999281
Office Number: 011-42137042 Website- ww.globaltaxation.in

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