Making Company Registration Digital & Easier
Do you have a hard time registering your own company in Mumbai? Or, are you confused over which company will be the best fit according to your corporate goals? Take off from these hassles and get end-to-end consultation from CAAQ Consultancy. No matter whether you are a startup or existing business owner. We guide you through the complex process of company registration in Mumbai effortlessly. With our highly qualified CAs, CSs, corporate lawyers, and experienced consultants, addressing challenges involved in its online process is no big deal.
Making Company Registration Easier Than Ever
The Companies Act 2013 in India makes it mandatory to legally incorporate a business entity, which is also called company registration. The Ministry of Corporate Affairs, or MCA, is the account to administer this task, enabling entrepreneurs to establish their businesses as a distinct legal corporate entity that hosts its own assets and leverages monetary and legal benefits.
Typically, we guide people to pick up the most suitable company in Mumbai as an alternative for registration that resonates with the goals. These are:
- Private Limited Company: It’s a privately held venture that is run by a specific group of shareholders. This is ideally for those who want to bear limited liability and earn easy fundraising opportunities privately.
- Public Limited Company: This is for those who want to set up a large-scale business, with the ability to raise capital through shares in the stock exchanges. We guide these companies’ owners to maintain financial reports as a must for compliance.
- One Person Company (OPC): For this company, the entrepreneur should be the one to run it, enjoying limited liability and benefits. Overall, we guide solo business owners to prefer it for legal protection.
- Limited Liability Partnership (LLP): This type of company is registered to leverage the benefits of both a partnership and a company. In this case, owners have to bear its liabilities. So, all professionals and small businesses that don’t want to bear much pain of compliance, it is for you.
- Partnership Firm: For those who agree to share profits and liabilities as per the partnership deed. Though simpler to register, it lacks the advantage of limited liability.
- Sole Proprietorship: This is registered in the name of a single owner who has to endure all liabilities. Likewise, he or she accounts to claim the profit. This company registration does not require stringent compliance management, but the least regulations can be managed. It is ideal for self-dependent freelancers and small business entities.
- Section 8 Company: A non-profit company that is dedicated to do social welfare, art, education, or any other charitable things as a social cause. This type of company cannot use profit but reinvests for social welfare while leveraging tax exemptions and benefits.
Cost and Fee Structure for Company Registration in Mumbai
The cost of a company registration in Mumbai is split into a government fee as per its type, a consultation fee of the CAAQ Consultancy, and an additional cost for DSC, DIN, and stamp duty.
Step-by-Step Online Process for Company Registration
In Mumbai, the process of acquiring the certificate of incorporation in the name of your company involves an online process. CAAQ Consultancy will guide you through this process:
Step 1. Get ready with a Digital Signature Certificate (DSC), which is necessary for electronic documentation.
Step 2. It requires you to file FORM DIR-3 on the MCA portal to apply for a Director Identification Number (DIN).
Step 3. Brainstorm and reserve a unique company name by submitting FORM SPICe+ (Part A) on the MCA portal.
Step 4. Now, you need to file SPICe+ Form (Part B) in order to get the incorporation certificate.
Step 5. For banking transactions, apply for PAN and TAN, which is automatically issued once you receive SPICe+ approval.
Step 6. Finally, you need to pay out the service fee via net banking, credit/debit cards, or UPI.
Step 7. Ultimately, the approvals will lead to delivering the Certificate of Incorporation with a Corporate Identification Number (CIN).
Supporting Documents Required for Verification
1. For Company Directors: PAN card, Aadhaar card/passport, address proof, and photograph.
2. For the Company: Proof of registered office, NOC from the property owner, and utility bill.
3. Miscellaneous Documents: Memorandum of Association (MoA) and Articles of Association (AoA).
For in-depth inquiry and personalized consultation on how to register a company in Mumbai, CAAQ Consultancy is unfailingly there to answer your queries. Get the consultation and experience that you find nowhere else.