Private Limited Company-Uttrakhand (Upto 1 Lac Capital)(Excluding Goverment fees)

8,900.00

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Private Limited Company-Uttrakhand

A Private Limited Company (PLC) is a popular business structure in India, including Uttarakhand, offering limited liability to its shareholders. Here’s a detailed guide on the formation process:

1. Digital Signature Certificate (DSC)

  • Obtain DSC for Directors: All directors of the company must possess a Class II or III Digital Signature Certificate (DSC). This is essential for electronic filing of documents with the Ministry of Corporate Affairs (MCA).

2. Name Approval

  • Unique Name Selection: Choose a unique name for your company. It should not be identical or similar to an existing company name.
  • File Form SPICe INC-32: Submit Form SPICe INC-32 to the Registrar of Companies (RoC) for name approval.

3. Incorporation Documents

  • Memorandum of Association (MoA): This document outlines the company’s constitution, including its name, registered office address, objects of the company, and share capital.
  • Articles of Association (AoA): This document details the internal rules and regulations governing the company’s operations, such as the powers of the directors, shareholders’ rights, and procedures for meetings.

4. Director Identification Number (DIN)

  • DIN for Directors: Every director of the company must have a unique Director Identification Number (DIN).
  • File DIN Application: Submit a DIN application form along with necessary documents to the MCA.

5. Filing of SPICe INC-32

  • Complete Form SPICe INC-32: This form incorporates various forms and declarations required for company incorporation.
  • Attach Required Documents: Along with the form, attach the following documents:
    • MoA and AoA
    • PAN card copies of directors
    • Address proof of directors
    • NOC from the property owner for the registered office address
    • Affidavit from directors
    • DSC of directors

6. Certificate of Incorporation

  • MCA Approval: Upon verification of all documents and approval from the RoC, the MCA issues a Certificate of Incorporation.
  • Legal Entity Creation: This certificate signifies the official birth of your company.

Additional Considerations:

  • Minimum Share Capital: The minimum paid-up share capital for a Private Limited Company in India is Rs. 1.
  • Number of Directors: A Private Limited Company must have a minimum of two directors and a maximum of 200 members.
  • Registered Office: The company must have a registered office address in India.
  • Compliance: After incorporation, the company must adhere to various statutory compliances, such as filing annual returns, conducting annual general meetings, and maintaining statutory records.

Professional Assistance:

While it’s possible to incorporate a Private Limited Company independently, seeking professional assistance from a Chartered Accountant or company secretary can streamline the process and ensure compliance with all legal requirements. They can help with:

  • Drafting MoA and AoA
  • Filing necessary forms and documents
  • Obtaining necessary approvals
  • Adhering to statutory compliances

By following these steps and seeking expert guidance, you can successfully establish a Private Limited Company in Uttarakhand.

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