The Basic Steps Required For Private Limited Company Registration

When you have set foot in the business world by the establishment of a private limited company, an important step in it is its registration. By registering, you put it into the existence. In this article, I’ll be staying at the point with the topic of the private limited company registration. You’ll find things in step by step instructions so you have a clear idea on how to approach the process of the private limited company registration in India.
Have a look on the steps mentioned below to follow the registration procedure of a private limited company.

1. Application of DSC & DPIN:

The very first step to Private Limited Company Registration is DSC and DIN short abbreviations for director identification number. A DSC is an online form of signature which is to be used for filing online forms, whereas DIN is something issued by the ministry of corporate affairs or MCA. If in case of directors already have a DSC and DIN, then this step could be skipped and moved to the next step.

2. Name approval:

A name for your online Company Registration in Delhi must have been unused and requires an approval. For this step, you will have to come up with 3 different name options and provide it to the ministry of corporate affairs for approval of one of them. The name being unused has to be ideally unique and representative of the activities of your respective private limited company.

3. MOA & AOA submission:

Once you get your name approval, next would be drafting a memorandum of association and article of association also known in short as MOA and AOA. Both MOA and AOA are to be filed with the ministry of corporate affairs and then get a statement of subscription so as to finally get an incorporation certificate.

4. Get incorporation certificate:

The process of getting an incorporation certificate takes about 15 to 25 days’ time. This is to form a private limited company and getting the incorporation certificate. This incorporation certificate is the proof that your private limited company has been created. This also includes your CIN which is a short abbreviation for corporate identity number.

5. Apply for PAN, TAN and Bank Account:

The last and 5th step is an application for a PAN and TAN both can be received within 7 working days. After this, you will be able to submit the incorporation certificate, the MOA, and AOA along with PAN to the bank in order to open a bank account.
These are the basic steps that you have to follow when you have made your mind to register your private limited company and if you need to hire experts then go through Google Search engine and you will find that Swarit Advisors is one of them. We are available to offer you hassle-free online services anytime.
Minimum Requirements for Private Limited Company Registration
The minimum requirement that is required for the registration of the private limited company is as mentioned below: –

• Minimum 2 Shareholders
• Minimum 2 Directors are required
• DIN for all the Directors of your private limited company.
• At least one of designated partner should be the resident of India.

What Are The Documents Required For Private Limited Company Registration?

• Copy of PAN Card of directors
• Passport size photograph of directors
• Copy of Aadhaar Card/ Voter identity card of directors
• Electricity/ Water bill (Business Place)
• Copy of Property papers(If owned property)
• Copy of Rent agreement (If rented property)
• Landlord NOC (Format will be provided)

You will require these documents to be submitted with your application if you find it difficult then contact us anytime. We are the top most leading online legal service provider firm. Customer satisfaction is utmost important to us hence we always focus on delivering the best services to our customers whenever they need us.

Source url: https://swaritadvisorsindia.wordpress.com/2018/07/07/the-basic-steps-required-for-private-limited-company-registration/

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How Can We Apply Online For Nidhi Company Registration In India?

We will be discussing everything basic regarding the Nidhi Company Registration in this article and some really basic steps that you might require to know regarding Nidhi Company in India.

Firstly let’s see What Nidhi Company is?

A Nidhi Company is simply a kind of a company that belongs to the category of a non-banking financial company sector or an NBFC for short. The Nidhi Company Registration comes under the section 406 of the Companies Act of 2013. The very basic and the core business activity of a Nidhi Company is giving and taking money in the form of lending and borrowing. This is done among the members of the Nidhi Company. The Nidhi Company can very easily accept any deposits from its respective members as well as lend them money too.

The reserve bank of India has the power to direct these members in the matters that are relating with the deposits from the members. The rule is that the Nidhi Company cannot accept any deposits from any individuals other than the members of its own.

When planning to start a Nidhi Company and wishing to get one registered, you can reach out to the professionals that will guide you through the documents as well as take the responsibility of smoothly getting you through the whole process. We at Swarit Advisors are the one who has gained notoriety among other online legal service providers.

What Documents do you require to apply for Nidhi Company Registration?

• A digital signature for 3 directors of the Nidhi Company.
• Their director identification numbers (DIN).
• A search for trademark name search and Nidhi Company name approval.
• Memorandum of association and the article of association.
• The fees required by the MCA.
• Nidhi Company’s PAN card copy.

What Are the Advantage of Nidhi Company Registration?

• Limited Liability-The limited Liability is there for the members and the directors of the Nidhi Company. This means that under limited liability, if this company suffers from any kind of financial distress or loss because of the primary activity that’s being carried out, then the members and the directors of the Nidhi Company will not be liable to deal with them beyond the invested capital with no risk to their personal properties and savings. Nothing from their personal assets will be ceased by the government.
• Better Credibility – A Nidhi Company can enjoy better credibility when compared with any other membership based organizations or institutions. Like the trust or co-operative society or certain NGO. Nidhi Companies are under the authority of MCA or the ministry of corporate affairs.
• Less Compliance-The directors of a Nidhi Company can easily be added or removed by filing just a simple form with a regional registrar of the company registration. The activities of the Nidhi Company are controlled by the board of the Nidhi Company.

Nidhi Company Registration Process:

• Get a DSC or digital signature certificate.
• Director identification number for the minimum of 3 directors.
• Name approval for the Nidhi Company Registration online.
• The final incorporation by filing for the form to the registrar of the companies along with a required list of documents. Like the address proofs and declaration of the directors.

Requirements for a Nidhi Company Registration

• PAN Card of all directors and shareholder
• Latest Bank Statement/Telephone or Mobile Bill
• Voter’s ID/Passport/Driver’s License
• Passport-sized photograph of all directors and shareholder
• Scan copy of Signature (signature should same as on PAN Card)
• Scanned copy of Notarized Rental Agreement from the owner of the property in case it’s rented.
• A NOC from the owner of the rented property to start and operate the Nidhi Company.
• For Proposed Registered office (Residential or commercial)
• Any Utility bills
• Minimum 7 shareholders
• Minimum 3 Directors
• Minimum Capital of Rs 5 lacs
• DIN for all directors

Minimum Requirements After The Nidhi Company Registration is Done

• Minimum number of 200 Members ( Within 12 Months )
• A net owned fund must be Rs. 10 Lakh and above
• Unencumbered deposits of not less than 10% of the outstanding deposits
• Net own fund vs deposits of the members should not be more than the ratio of 1:20.

If you want any help from the professionals then reach Swarit Advisors as we have years of experience to give a hassle free service to our customers.

Source url: https://swaritadvisorsindia.wordpress.com/2018/07/06/how-can-we-apply-online-for-nidhi-company-registration-in-india/

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How Can We Apply For Import Export Code Or IEC Registration online?

An IEC code is required for the businesses that are involved in import or export transactions. It avails them with benefits under the schemes like SEIS and the MEIS. I’ll be now simply explain the point and tell you the procedure of IEC Registration in India.

What Are The Documents Required for IEC Registration?

• A copy PAN number, Aadhaar number, voter ID, driving licence of passport.
• Bank account details.
• Copy of a cheque that’s been cancelled by you and has your account details printed on it.
• A copy of recent entry of bank account statement of the applicant.
• A passport sized photo.
• Your office ID along with proof of registered office.
• No objection certificate or NOC from the property owner where the exchange will be commenced. Furthermore copy of utility bills which should not be older than 2 months from the date of application. A notarized copy of your rental agreement with the property owner. Or registry proof and the house tax receipt in case it’s your own property.

What do you need to get to run import export business?

• DSC- A digital signature of the two directors so they can digitally sign the documents.
• IEC registration certificate with IEC number
• Acknowledgement notification slip with the details of payment.

IEC Registration process

Step1 – For IEC code application, one can take the professional help for smooth process. You’ll be assisted in preparation of the application. You must first collect all the documents listed above and arrange them well so as to avoid any possibility of rejection of your IEC Registration application.

Step 2 – This step can take 2 to 3 working days. Once you’ve gathered all the desired documents including copies of your identity proof, address proof, passport size photographs of the respective directors or proprietors or partners. The details of their current accounts, in case you have a private limited company, then you need to submit the memorandum of association and the articles of association along with the certificate of incorporation of your company. In case you have a partnership firm, then you need to submit the partnership deed document. In case you are a certain manufacturer or have an MSME Registration certificate, just submit a copy of the certificate and copy of the company’s letterhead is also required.
Your application is to be filed in the required Aayat Niryaat form number 2A – ANF 2A format. This is to be filed to the regional authority of the foreign trading in that regional registered office where you find it most suitable.

Step 3 –Takes about 3 to 5 working days, it’s the approval by the government. Within these 3 to 5 days, ICE code number will be ready and granted to you after examination of your submissions.
If you find it difficult to follow the procedure that we have shared with you then call on our number or drop us an email we will shortly respond you to resolve your issues. We are the renowned online legal service provider firm known as Swarit Advisors who are constantly available to serve you in the best possible ways. All you have to do is to reach us so that we can help you immediately.

Original Source: https://swaritadvisorsindia.wordpress.com/2018/07/06/how-can-we-apply-for-import-export-code-or-iec-registration-online/

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Follow The Five Step Procedure For Company Registration In India

A private limited company in India is the most common and prevalent or popular kind of legal corporate entity. The company registration is governed by the ministry of corporate affairs also known as MCA. As per the Companies act 2013 and Companies rules of 2014, to incorporate a new company registration, a minimum of 2 shareholders and 2 directors are required. The directors can also be the shareholders like a natural person can be both a director as well as the shareholder while the corporate entity can be only the shareholder. Furthermore, most of the foreign nationals and/or the foreign corporate entities like the NRIs are allowed to be the directors and/ or shareholders of the supposed company with a straight and direct investment from foreign making this a preferred choice of a legal entity for foreign promoters.

Have a look at the following steps to apply for company registration in India

1. Arrange all the list of required documents of the directors.
2. Apply for a digital signature if you haven’t got any. It’s also known as DSC
3. Preparation of the MOA and AOA and other legal documents.
4. Filing the incorporation form with ROC.
5. Get the final company registration certificate for incorporation.

Benefits of a company registration and a company’s rights

The reasons can be numerous, following are few mentioned.

• It is a separate legal entity – A private limited company is a separate legal entity and it is established under the companies act which gives it is firm’s legal right which also therefore makes your company a separate entity from your company’s shareholders and its directors.
• Ownership of the property – since your company has its own identity, it can also have its own property in its own name. This property could be anything, furniture, land, machinery or a building.
• It’s capacity for borrowing – any type of funds can be raised by a private limited company like –
                         a) equity shares
                         b) Preference shares
                         c) Debentures issued by the company etc.
• Easy to raise funds and loans –The limited liability partnership or the private limited company can enjoy a wide range of options for raising funds through the bank loans, the angel investors, also the venture capitalists in comparison with the regular general partnership firm or sole proprietorship.
• Limited Liability Protection to Partner's personal assets–A lot of the times start-ups require to borrow money and take things on credit. In case of regular partnerships, the partners would normally have to put in their own savings and property in case they can’t rely on bank loans but it’s not the case for registered private limited companies with limited liability partnership.
• It’s favourite business structure for foreign investors. –These foreign investors love to investing a registered private limited company as it is structured so that less strings are attached to the investors.
• Easy to Sell–Registered private limited companies are easy to sell, very less documents are required and less cost is involved.

If you want to know more about the online company registration process then you must reach our experts who are well qualified, skilled and have years of experience in handling the issues that may occur in online legal processes. We at Swarit Advisors are the best in offering the expert consultation to our customers for any sort of online legal registration. We give complete guidance and step-by-step procedure to follow so that you don’t miss a single point and submit your application without any error. Feel free to contact us anytime we are 24/7 hr available at your end.

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Expert Consultation For Online FSSAI Registration Process

FSSAI Registration process can be done online and one can apply for it any day. FSSAI Registration is an essential step to start a food business. You could be the wholesaler of food products, a manufacturer of food items, the supplier of the ingredients used in food or someone that repackages it etc. All of these people must get an FSSAI Registration done, the reason being it’s lawfully mandatory to do so.  Not doing FSSAI Registration will end you up in a legal mess easily.

You might be wondering how to do it in the 1^st place?  Either you can go on the official website of FSSAI Registration and license and file an application there, or hire professionals that will simply do that for you. 

What is FSSAI & why is it Necessary?

It’s a short abbreviation it is a “food safety and standards authority in India”. This authority was established in India to exercise their granted powers. And to perform their respective functions that have been assigned. It’s under food safety and standards authority act or FSSAI act, which regulates the quality and safety of all the foods registered through it. The FSSAI head office is located in New Delhi capital city of India along with other regional offices across the country. 

When you get your registration done through a consultancy firm, they will consult you regarding your responsibilities, your liabilities, and procedure of food recall. And with their years of experience, you can easily get your FSSAI Registration certificate or license online. This food safety and standards authority comes under Indian government of the ministry of health. This act was established in 2006. The authority has some set standards on safety and quality of food products based on scientific studies and it is involved with their regulation for the food products, their storage, their distribution, sales and also the import of food products. All this to ensure their safety for consumption.

Different types of FSSAI Registrations. 

It is categorized on the basis of the annual turnover of the food businesses. There is no way any food business operator is allowed to commence any food-related work without an FSSAI Registration in India. Under the FSSAI Registration license, the food business operators get an FSSAI Registration based on their turnover annually. 

Those of who are looking for the FSSAI Registration license renewal will have to apply through for FSSAI Registration in form B this isn’t that big task as there is just one form to be filed.

Whenever you get your FSSAI Registration, you will be given a unique 14 digit Registration number, also mentioned on your certificate. This FSSAI Registration license number must be printed on all your food products packages.

And based on annual turnover following are the Registration categories: -

1) Below the Rs12 lakh – FSSAI Registration should be done via form A.

2) Rs12 lakhs and above, but not exceeding Rs20 lakhs, this comes under the state license form B.

3) Above Rs20 lakhs is a central FSSAI license Delhi and filed under via form B.

 
So what are you waiting for? Get you FSSAI Registration done under the complete guidance of highly skilled professionals who are 24/7 hr available at your end. We can fix the issues that you might face during the process as we are a leading firm to provide online legal services and are very well aware of the procedure and documents required in the process.

Original Source: http://swaritadvisors.flazio.com/

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What Is The Necessity & Advantages Of Trademark Registration In India?

When you are an owner of a business and you want to flourish in the market. You want something to be the symbol of it which represents your business, the basis and the type of it. So you think of a logo, a brand name and a tagline. These things need to be catchy unique and attractive. But it’s only an idea and once out there with no acknowledgment about its attachment or ownership, it can be used by anyone. So how would do you protect it?
If you have your brand logos ready, it’s time to get a trademark registration for it. You can get help from agencies, they can make things pretty easy for you since they are the experts and do the same thing every day. All you will need to do is to submit the required documents to them and they’ll assist you throughout the process.
Know more about trademark registration application process

• Complete a simple form filling your details as to get started with your online trademark registration application.
• Next is the filing of the trademark registration application.

Here your work is done in case of getting a service from an agency, just fill up their simple questionnaire form and submit the copies of your required details.
Who can file Trademark Registration application?
Well, any person that claims to be the owner of a trademark along with the details of their business-related goods and services associated with their respective company. In case of any query, you may take the help of experts in order to avoid any mistake.
What are the essentials for the trademark registration?
It’s simply includes two things: -

• It must be essentially capable of being distinguished from others similar goods and services.
• Trademark must have to be used for the goods or services for which it has been obtained. 

What are the advantages of Trademark Registration?

• The trademark registration is a necessary step if you want your respective business to have recognition in the business market.
• A trademark registration that’s been checked with vigilance by authorities gives an indication that the products you sell have some quality in them.
• The proprietor who has done the trademark registration has exclusive right over it. Hence making it not possible for infringement of the trademark.
• A trademark registration certificate can be preserved for generations, subject to renewal time to time.
• You’ll get the right to establish the trademark registered logo, it’s words, the colours or their combinations
• A trademark registration will prevent unnecessary theft of idea, as it will prevent others from registering similar names or logos. This is the reason why trademark search is done before filing for the application.

 So, here in our blog, you must be completely aware of the fact that why anyone must opt for trademark registration and what are its benefits. If you want to apply for Trademark Registration but are hesitating because of the complicated process then reach Swarit Advisors where our professionals can tell you how to prepare documents what you will be requiring in details.

Original Source url: https://swaritadvisors.site123.me/blog/what-is-the-necessity-advantages-of-trademark-registration-in-india

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Why Do We Need To Apply For Company Registration In India

When you own a business its better get a company registration.For being eligible for company registration, your start-up must fulfill basic requirements under the Companies act 2013. Company registration process can be easily completed in just 5 simple steps. Following is it’s summery.

Follow 5 Simple Steps for Company Registration in India.

1. Start by arranging basic documents of directors of your company and apply for DSC.
2. You have a choice to reserve a unique name for your company through RUN service available on MCA portal.
3. Now prepare the memorandum of association and article of association along with other documents.
4. Now next will be filing SPICe Form along with incorporation documents with ROC.
5. After considering the application, ROC will company’s COI.

Why Get a Company Registration for Your Company?

You might wonder at times why get company registration done? Why register start-ups as a company? But it has its advantages and benefits along with mandatory requirements in some cases. The benefits are listed below: –

Separate Legal Identity

In case of the regular or general partnerships, the personal possessions like the savings and the properties of the partners would be at risk. Like when a business is incapable of making their payments for the loans they took. But in case of a registered company only the investments in the business is lost the personal possessions of the directors remain completely safe.

Funds and loans can be raised easily

After the online company registration procedure, the company will enjoy a wide variety of options for raising funds through the bank loans, the angel investors and venture capitalists in comparison with the regular or a normal partnership.

The favorite business structure for the investors.

Most investors usually love to make an investment in a private limited company, so when you have a company registration, you will surely get these benefits. A company is usually well structured and has usually less of the strings attached. And the most important thing to mention here is that it’s very easy to exit from a private limited company when you wish.

It’s Easy to Attract Quality Team with a Company Registration.

For any of the start-ups, tobuild a team and retaining them for a long time is a challenge in itself and due to confidence attached with the company structure, it’s rather easy to hire key employees as well as to motivate them with corporate designations and the stock options.

Easy to Sell

A registered company is easy to sell.as regular compliances ensure minimal documentation requirement and less costing for sale of the private limited company.

Minimum Requirements for Company Registration

• Minimum of 2 shareholders
• Minimum of 2 Directors
• OPC should be minimum 1 shareholder and one that’s been the nominee for the director and shareholder.

Hope it brings in some clarity for company registration, in case of further queries reach experts at Swarit Advisors we can provide reliable support and help anytime when you require. Get your registration done in a hassle-free way. Our professionals have years of experience in handling the queries and issues occurring while applying to the online registration process. Rest assure us we will help you with the best solution.

Source url: https://swaritadvisorsindia.wordpress.com/2018/06/28/why-do-we-need-to-apply-for-company-registration-in-india/

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