Making Company Registration Digital & Easier
Cochin, or Kochi, is one of the fastest-emerging commercial cities in India. Its ecosystem, like excellent port facilities and business-friendly policies, is favorable for startups or new businesses. CAAQ Consultancy offers start-to-finish guidance on how to register a company in Cochin. Our team of qualified and experienced CAs, CSs, solicitors, and business consultants always stays ready to help you discover the perfect fit business structure and documentation requirements without hassles.
However, multiple business structures are available. We understand your concerns and requirements. Accordingly, you apply for the business structure of your dream.
Types of Companies You Can Register in Cochin
These are some popular types of companies that can be registered in Cochin:
- Private Limited Company (Pvt Ltd) - A private limited company offers limited liability protection to its shareholders without trading shares in public. With a minimum of two directors, it can be registered under the Companies Act, 2013.
- Limited Liability Partnership (LLP) - Suitable for professionals and service-based businesses.
- A Limited Liability Partnership (LLP) - This is for professionals or service-based entrepreneurs who want to operate a business while securing their personal assets from business debts and liabilities. Many startups and professionals choose it for enduring minimum compliance requirements and tax efficiency. It can be started in partnership also.
- One-Person Company (OPC) - It is ideally for single entrepreneurs who leverage the benefits of a private limited company while enjoying a secure liability framework.
- Sole Proprietorship - It is the most economical and simplest structure of a business. Unfortunately, it does not favor minimum liability.
- Partnership Firm - It’s an incorporation of two or more entrepreneurs who share their responsibilities and risks together.
- Public Limited Company - If you run a large-scale enterprise and are willing to raise public investment, this company structure can be an ideal choice.
- Section 8 Company - This is an NGO concept, which is for those who want to set up their companies as non-profit organizations.
Step-by-Step Process for Company Registration in Cochin
Now that you have discovered the types of company structures, let’s help you to learn about the process of company registration.
Step 1. Choose a Business Structure
The very first thing is to select your business structure after considering factors like liability, taxation, and investment opportunities.
Step 2. Obtain Digital Signature Certificate (DSC)
Since the government has shifted the registration process to online, all directors must apply and procure a digital signature certificate (DSC) to sign electronic documents.
Step 3. Get Director Identification Number (DIN)
Directors must apply for a DIN through the Ministry of Corporate Affairs (MCA) portal.
Step 4. Reserve Company Name (RUN Service)
Now, you need to examine whether your company name is unique or matches with another company’s name. Use the MCA’s RUN (Reserve Unique Name) service to check.
Step 5. Draft and File Incorporation Documents
Get these documents compiled to submit to the Registrar of Companies (ROC).
- Memorandum of Association (MoA)
- Articles of Association (AoA)
- PAN & Aadhaar of directors
- Address proof of registered office
- Declaration by directors
Step 6. Obtain Certificate of Incorporation
As the verification is over, the ROC will issue a Certificate of Incorporation. Its issuance is an indication that your company is legally existing.
Step 7. Apply for PAN, TAN, and GST Registration.
For further transactional tracking and compliance, you need to apply these documents:
- Permanent Account Number (PAN)
- Tax Deduction and Collection Account Number (TAN)
- Goods and Services Tax (GST) registration (if applicable)
Step 8. Open a Business Bank Account
Finally, open a corporate bank account to conduct business transactions. Enclose the Certificate of Incorporation, PAN, and other relevant documents to open an account in the name of your company.
Documents Required for Company Registration
For Directors & Shareholders:
- PAN Card
- Aadhaar Card
- Passport (if foreign national)
- Address proof (bank statement, utility bill, etc.)
- Photographs of passport size
For Registered Office Address:
- Rental agreement (if rented)
- Utility bill (electricity, water, or gas bill not older than 2 months)
- NOC from the landlord (if applicable)
- Additional Documents for LLP & Private Limited Companies:
- MoA & AoA
- Board Resolution (if applicable)
Cost of Company Registration in Cochin
The cost of company registration comprises the government service fee according to the business structure and professional service charges like consultation fees.
Let’s simplify your company registration in Cochin with expert guidance from our expert consultants. Reach out to CAAQ Consultancy for personalized company registration solutions today!