COST OF REGISTERING A PRIVATE COMPANY IN INDIA

COST OF REGISTERING A PRIVATE COMPANY IN INDIA

The most prevalent and well-liked entity in the Indian market is the private limited company. A Private Limited Company's members are subject to a fixed financial obligation that is solely based on the amount of shares each member personally owns. In India, the Private Limited Company registration procedure is governed by the Companies Act, 2013, and the Companies Incorporation Rules, 2014. A private limited corporation must have a minimum of two shareholders and two directors in order to be registered.

The incorporation of a private limited company involves several steps and submission of paperwork. Government fees and professional service costs are included in the total amount for company registration. The government fees for registering a pvt ltd company covers the cost of obtaining a DSC, PAN, TAN, and reserving a unique name (RUN), as well as any relevant stamp duty. The state of incorporation and the authorised share capital affect the stamp duty on Pvt Ltd Company registration fees. Business registration services are provided by service providers like CA and CS. Professional fees (service costs) typically make up a higher portion of the overall cost. Online professional service providers like Companies Next provide quick turnaround, streamlined procedures, and cost-effective pricing starting from Rs. 10,000/-.

Components of Cost  

DSC : A DSC (Digital Signature Certificate) is necessary for all of the company's directors and shareholders. Each DSC typically costs INR 1,000 to purchase. DSCs for electronic authentication are issued by Controller of Certification Agencies (CCA). The same DSC (Class III) can be utilized for incorporation if you already have one.

DIN: In accordance with Sections 153 and 154 of the 2013 Companies Act, individuals who are appointed as directors of the company are given a DIN (Director Identification Number). The DIN application is filed on the SPICe+Part B form.

SPICe+Part A: Filing of the SPICe+Part A form is an optional step. Using this form, you can reserve a special name for your business. In this form, you have two name options. Each filing requires a filing fee of INR 1,000. There is only one chance for resubmission if neither of the two options is available.

SPICe+Part B: The SPICe+Part B form contains particular information concerning the incorporation, such as shareholders' and directors' information, share capital subscription, stamp duty, PAN, and TAN.

  • PAN and TAN are issued by National Securities Depository Limited (NSDL), and there is a fee of INR 131.

  • The amount of stamp duty varies from state to state depending upon the authorized capital. 

At CompaniesNext, we have a dedicated team of professionals for providing quality services with accuracy and within given timelines. We provide a complete transparent and online platform for registration of your private limited company.

Our private company registration service include:

  •  DSC of Subscribers and Directors

  • 2 DIN

  • Company Registration fees and stamp duty

  • Certificate of Incorporation

  • Company’s PAN and TAN

  • Comapny's EPFO and ESIC Registration

  • Professional Tax Registration (Maharashtra)

  • Opening of Bank Account

  • Drafting of Memorandum and Articles of Association

  • Drafting of requisite declaration(s), consent letters, etc.

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