Expert Consulting for Company Formation in Ahmedabad
Are you looking to set up your business in Ahmedabad, but stuck with the registration process? Well, CAAQ Consultancy is here to help you on every step. Ahmedabad is a promising location that offers a lot of opportunities to grow as a business. Our skilled team of qualified CAs, CSs, and solicitors leaves no stone unturned to help you set up your own business without any barrier. With many years of experience, we guide you some proven ways to navigate all roadblocks involved in the company registration in Ahmedabad. So, let’s share a comprehensive guide on it.
Types of Business Entities in Ahmedabad
Though, you have your own choice, we introduce you to the most common types of companies that can help you meet your business goals.
1. Private Limited Company (PLC)
- It’s an ideal choice for startups and growing businesses.
- You need at least 2 directors and 2 shareholders to start it.
- It offers a limited liability framework for owners.
2. Public Limited Company (PLC)
- It’s the best alternative for businesses that want to invite stakeholders from the public for funds.
- With at least 3 directors and 7 shareholders, you can start it.
3. One-Person Company (OPC)
- For solo entrepreneurs, it is an appropriate choice that comes with limited liability protection.
- With only one shareholder and a director, this business can be commenced.
- You cannot leverage the feature of fund-raising from the public.
4. Limited Liability Partnership (LLP)
- If you want to leverage the benefits of a partnership and a corporation, it can be your choice.
- You need at least 2 partners who can share limited liability.
- The compliance requirements are limited if you compare it with a private limited company.
- A single owner can think of starting it.
- It minimally requires compliance, but the liability remains unlimited.
- There remains no legal distinction between owner and business in this case.
- If you want to incorporate with one or more partners who are ready to share profits and losses, this can be your choice.
- Partners bear unlimited liability. .
7. Section 8 Company (Non-Profit Organization)
- This is the perfect fit for those who want to run non-profitable NGOs, charitable trusts, and social welfare organizations.
- The profit earned via it must be reinvested for social welfare.
- These organizations can harness tax exemptions and government grants.
Steps for Company Registration in Ahmedabad
Step 1: Choose the Business Structure
Thoroughly analyze the type of company that can be the best-fit according to your business objectives, future growth plans, and legal considerations.
Step 2: Obtain Digital Signature Certificate (DSC)
A Digital Signature Certificate (DSC) is mandatory for directors who have to sign documents digitally for registration of the company. We guide on where you can get it easily from.
Step 3: Apply for Director Identification Number (DIN)
For all directors again, the Director Identification Number or DIN is necessary, which can be obtained from the Ministry of Corporate Affairs (MCA).
Step 4: Name Approval through RUN (Reserve Unique Name)
Now that your directors documents are ready, proceed with the name proposal of the company. Search on the MCA portal through the RUN form and find a unique name for your company.
Step 5: Prepare and File Incorporation Documents
Decide your company’s objectives, rules, and workflows to jot down in the Memorandum of Association (MOA) and Articles of Association (AOA) with other documents.
Step 6: Obtain the Certificate of Incorporation
Once your application is verified, the MCA issues a Certificate of Incorporation officially. It recognizes your business as a legal entity.
Step 7: Apply for PAN, TAN, and GST Registration
Now, to finally operate in the market and do transactions, you need a PAN (Permanent Account Number), TAN (Tax Deduction and Collection Account Number), and GST if your capital allows.
Step 8: Open a Business Bank Account
As the certificate is received, you can finally open a current account in the name of your company for financial transactions and compliance.
Documents Required for Company Registration
- For Directors/Shareholders:
- PAN Card
- Aadhaar Card
- Passport-size photographs
- Address proof (utility bill/bank statement)
- For Registered Office Address:
- Rental agreement or property ownership document
- NOC from the property owner
- Utility bill (electricity/water bill)
- Additional Documents:
- MOA and AOA
- Declaration by directors
Cost of Company Registration in Ahmedabad
The fee structure of the business registration in Ahmedabad is bound to the government fee structure, which may be revised over time. It includes a consultation fee also.
If you want to start your business in Ahmedabad, get it registered without any hassles. Schedule a meeting or consultation to discover how to do it. Send an email for details.