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Company Registration In Bangalore
Complete your Pvt Ltd company registration in bangalore online in just a single click at Juststart. We can help you in the process till you get your company registration in Bangalore. All the process are online and hassle free with us.
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OVERVIEW
Easy Registration of Private Company Bangalore: JustStart
Welcome to JustStart, your partner in streamlining PVT LTD (Private Limited) Company Registration in Bangalore. Our expert guidance ensures you swipe away your worries and concerns about private company registration tasks. We are here to help you start your entrepreneurial journey with confidence and ease. Learn from our experts on company registration in Bangalore in easy and simple steps. Get our help in everything and anything you need in your private company’s registration process.
About PVT LTD Company Registration in Bangalore
PVT LTD (private limited) Company Registration in Bangalore is a step taken to establish a business as a distinct legal entity. This not only enhances the credibility of the business but also limits the liability of its owners. Business owners who want to scale and thrive their business should register it as a private limited company in Bangalore
TYPES OF COMPANY
PVT LTD Company Types in Bangalore
The Companies Act of 2013 put forth a set of rules that apply to all kinds of companies in India. Whenever incorporation of any company takes place, it is under this act.
Generally, the Private Limited Company incorporation in India is either limited by shares or by Guarantee:
- Limited By Shares: A Private Company limited by shares means that owners have limited liability, which is up to the amount of their paid-up share capital, including any unpaid amount. That means, in case the company makes a loss, the shareholders are liable only up to the amount due on their shares.
- Limited By Guarantee: private company limited by Guarantee is ideal for organizations like sports clubs and co-operatives. These are ‘not-for-profit’ or ‘charitable organizations,’ meaning they retain the profits made by the business and put them to better use. The amount of liability you assumed at the time of private limited company incorporation will be the maximum liability you have in this company as a member.
PROCESS
Process for Private Limited Company Registration in Bangalore
To register a PVT LTD(Private Limited) company in Bangalore, you must follow the following steps:
Obtain DSC (Digital Signature Certificate)
A digital signature is mandatory to file the forms for Pvt Ltd Company formation. You may obtain a DSC from government-recognized certifying authorities or online in just two days.
To obtain your DSC, you are required to do three types of verifications: documents, video, and phone verification. The cost of obtaining a DSC may vary as it depends upon the certifying authority.
Get Name Approval
Go to the RUN portal of the Ministry of Corporate Affairs, which is part of SPICe+Form, and there, apply for a unique name. You may use tools to search for such names that do not exist anywhere. While applying for the name, define the industrial activity code and object clause of the company.
Fill out the SPICe Form (INC-32)
Once the company name gets approved, start filing the company registration details in the SPICe+ Form. It requires you to
- Complete company details.
- Provide member and subscriber information.
- Apply for a Director Identification Number (DIN).
- Apply for PAN and TAN.
- Directors and Subscribers Declaration.
- Professional Declaration and Certification.
File MOA and AOA
SPICe e-MoA and e-AoA are essential forms that you must draft while applying for private company registration in Bangalore. These documents define the internal workings and management of the company. MoA is defined under section 2(56) and AoA under section 2(5) of the Companies Act, 2013.
Issuance of Certificate of Incorporation
The Ministry of Corporate Affairs (MCA) will authorize the registration and issue a Certificate of Incorporation if the form is accurately completed and submitted with the necessary paperwork. You will receive a CIN (Corporate Identity Number) upon approval, which you can monitor via the MCA portal.
DOCUMENT REQUIRED
Essential Documents for Pvt Ltd Company Registration in Bangalore
For PVT LTD Registration in Bangalore, one requires the following documents:
Documents of All Directors & Shareholders of The Company
- Identity Proof – Aadhar Card/Driving License/Passport
- PAN Card/ DIN (Directors Identification Numbers)
- Email Address and Mobile Number
- Utility bills (may include electricity bill, water bill, broadband bill, etc.)
- Latest Bank Statements (up to the past two months acceptable)
Address Proof of Registered Office
- Latest utility bill (electricity/mobile/broadband bill)
- Rent or Lease papers
- No objection Certificate (NOC)
Note – If the company does not own a commercial space, then a residential address is acceptable for PVT LTD Company Registration in Bangalore.
Documents Issued After Company Registration in Bangalore
Upon completion of the registration of your private limited company in Bangalore, you will receive the following documents:
- Certificate of Incorporation (COI)
- Memorandum of Association (MoA)
- PAN of the Company
- TAN of the Company
- Articles of Association (AoA)
- Digital Signature Certificate (DSC)
- Company Master Data
- Director Identification Number (DIN)
BENEFITS
Benefits of PVT LTD Company Registration in Bangalore
Perpetual Existence
Enjoy continuous existence, unaffected by changes in ownership, ensuring stability and longevity. It helps in building relationships and securing contracts.
Tax Advantages
Benefit from lower tax rates, deductions, and exemptions available to private limited companies, minimizing the overall tax burden for shareholders.
Separate Legal Entity
Private limited companies are distinct from their owners, which means the company goes on forever – it remains unaffected by the change in ownership or lifespan of its owners.
Limited Liability
PVT LTD Company Registration in Bangalore offers limited liability, safeguarding your assets from company liabilities during financial challenges or legal disputes.
Access To Funding
Having a registered company attracts funding more easily because investors prefer to invest in a company structure where there is limited liability protection available and a clear framework of ownership exists.
Why JustStart
Why Choose JustStart
JustStart offers seamless PVT LTD Company Registration in Bangalore, ensuring a hassle-free process for entrepreneurs. Here are the key features of our services that make us your best assistant for private company registration in Bangalore:
- Expert Guidance: Professional assistance at every step.
- Cost-Effective Solutions: Competitive pricing for registration.
- Time Efficiency: Swift and timely registration process.
- Transparent Process: Clear communication and transparency.
- Customer Support: Responsive and helpful customer service.
- Proven Track Record: Trusted by successful businesses.
FAQ
LET'S CLEAR ALL THE DOUBTS!
Typically, it takes around two days to obtain a DSC. You get it once you complete your document, video, and phone verification process.
The MOA and AOA are necessary for the registration of a private limited company because they define the company’s internal workings and management structure. MoA specifies the company’s objectives, while AoA outlines the rules for its internal governance.
Yes, if the company does not own a commercial space, it can use a residential address to complete the registration process. However, certain documents, such as rent or lease papers and a No Objection Certificate (NOC), may be required.
The Corporate Identity Number (CIN) is assigned by the Ministry of Corporate Affairs (MCA) upon approval of the PVT LTD Company Registration in Bangalore. It serves as a unique identification for the company and can be monitored through the MCA portal.
Some key benefits of PVT LTD (private limited) Company Registration in Bangalore include perpetual existence, tax advantages, separate legal entity status, limited liability protection, and easier access to funding. These advantages contribute to the stability, longevity, and growth potential of the business.
The total registration cost for a PVT LTD (private limited) Company Registration in Bangalore is ₹8,899, covering government and professional fees. This includes Digital Signature Certificate fees, government stamp duty, and professional fees for the registration process.
Yes, a private limited company can be registered online in Bangalore. For that, you must obtain Digital Signature Certificates (DSC) for directors, apply for Director Identification Number (DIN), file for name approval, draft and file incorporation documents, and obtain the Certificate of Incorporation from the Ministry of Corporate Affairs.
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