Fast and Efficient Company Registration
Do you want to run a business but find it hard to establish and sustain it smoothly? No matter whether you are a startup or an existing business owner who wants to scale up your business, CAAQ Consultancy is frequently supporting you through this exciting journey of registering a company in Bangalore. We have a highly qualified team of CAs, CSs, corporate lawyers, and experienced consultants who know how to address every query related to online company registration, cost, fees, and compliance benefits.
Hassle-Free Company Registration
For streamlining the process of a company registration in Bangalore, we follow the Companies Act, 2013, which is ideally outlined for this purpose only. Its governance lies in the hands of the Ministry of Corporate Affairs (MCA), which formally establishes your company as a legal identity. Being a legal venture, the company procures the right to own assets, sign contracts, and raise funds while enjoying legal benefits in its name.
Typically, there are a few company registrations that are the cup of tea of new companies or startups. We comprehend your business goals and hence, suggest these company registrations:
- Private Limited Company: This company offers its stakes to a specific group of shareholders, enclosing limited liability. Besides, a private company can easily raise funds privately.
- Public Limited Company: For those who want to own a large-scale business, raising funds through stock exchanges and maintaining a crystal-clear financial and compliance report are must-dos in this case.
- One Person Company (OPC): This is a company owned and operated by an individual legally. Like benefits, it enables the owner to leverage limited liability and benefits without sharing with anyone else. It is recommended for those who want legal protection for the company.
- Limited Liability Partnership (LLP): This is a hybrid business model that attracts the benefits of a partnership and a company together. As ownership, its liability is restricted to its partners only, but no other external people. Ideally, it is for those professionals and small businesses that cannot endure much compliance burdens.
- Partnership Firm: Opposite of LLP, this business model is based on sharing profits and losses according to agreed terms written in the partnership deed. With us, its registration is not that complex, but you cannot enjoy limited liability if you choose it.
- Sole Proprietorship: The self-dependent owner, who accounts for all liabilities and profits, requests to register it. It is the easiest of all and the least regulated business model, which works well for small businesses and freelancers.
- Section 8 Company: The setup of this company is suggested if your aim is to encourage social welfare, art, education, and many other charitable objectives. The earned profits are not for savings or personal benefit but to reinvest for the cause. Certainly, it allows the owner to leverage tax exemptions and benefits.
Why Register Your Company?
1. Legal Recognition: A registered company allows you to legally trade or meet business objectives without litigation.
2. Access to Funding: Investors find it credible to invest and win stakes.
3. Credibility: Customers, vendors, and partners believe in investing and cooperating with the company.
4. Tax Benefits: Various tax deductions and incentives will be of the owners.
5. Limited Liability: If you choose registration, it provides legal protection to your personal assets from business liabilities.
Cost and Fee Structure for Company Registration in Bangalore
The cost & fee structure is unique according to the type of company you want to register. Typically, it involves government fees (as per business types), professional fees, additional costs for DSC, DIN, etc.
Step-by-Step Online Process for Company Registration
Getting a certificate of incorporation in Bangalore can be simplified online. CAAQ Consultancy is reliably present to address your concerns related to these steps.
Step 1. Obtain a Digital Signature Certificate (DSC) to attest and proceed with electronic documentation.
Step 2. Apply for Director Identification Number (DIN), which can be done by filing FORM DIR-3 on the MCA portal.
Step 3. Reserve your company name by consulting with us. We check and guide in selecting a unique name and then apply for its registration by filing FORM SPICe+ (Part A) on the MCA portal.
Step 4. File SPICe+ Form (Part B) thereafter to ultimately obtain the incorporation certificate.
Step 5. Apply for PAN and TAN, which are automatically assigned post SPICe+ approval.
Step 6. Register with CAAQ for further details and consultation regarding how to raise authorized capital above a certain bracket.
Step 7. Pay the service fee via net banking, credit/debit cards, or UPI.
Step 8. Finally, receive the Certificate of Incorporation from MCA with a Corporate Identification Number (CIN).
Checklist of Documents Required
1. For Directors: PAN card, Aadhaar card/passport, address proof, and photograph.
2. For the Company Details: Proof of registered office, NOC from the property owner, and utility bill.
3. Other Documents: Memorandum of Association (MoA) and Articles of Association (AoA).
Want to register your company with ease and confidence? Get free consultation from CAAQ Consultancy and make this process way easier in Bangalore. Inquire to get your query for company registration answered today!