1. What details are required to set up a Pvt. Ltd. company in India?
You need to arrange very simple details of directors like photograph, PAN card and one address proof. For more details, please fill the above details and Get Started Now.
2. Do I have to have office (commercial) space to start a Company?
No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of the Company. This office address can be changed at any time after incorporation of the company.
3. Is Private Limited Incorporation to be renewed every year?
No. Once the company is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year companies have to file very basic returns with ROC office.
4. What is a DIN?
Director Identification Number (DIN) is a unique identification number required for a person to become a director of a company. DIN is issued by ROC office (Ministry of Corporate Affairs). It is similar to a PAN Card number.
5. What is a DSC?
A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used in physical documents.
6. What is Company name search? Why it is important for new Incorporation?
Company name is very important part in registration of company. It is divided into 3 parts: Brand name, Business activity, and Business type (Pvt. Ltd.). It should not match existing names or trademarks.
7. What is MOA & AOA of company?
MOA stands for Memorandum of Association and AOA stands for Articles of Association. These define the rules, business objectives, and internal management of the company.
8. What is capital of the Company?
Capital is the investment made by shareholders. Authorized capital is the upper limit allowed for share issuance. Paid-up capital is the actual amount received and deposited in the company account.
9. Do we have to deposit Share Capital in a Bank at the time of Incorporation?
No, you can deposit the share capital anytime within 2 months after incorporation into the company’s bank account.
10. Does my business have to have some level of turnover to start Private Limited?
No. There is no requirement of minimum turnover. You can start even from scratch with zero revenue.
11. Does PF, GST is automatically applicable to Private Limited?
No. PF and GST are only applicable if you cross the relevant thresholds. These are not automatically applicable just by incorporating a company.