Company Registration Consultancy Services in Odisha

Making Company Registration Digital & Easier

Are you unsure about the documents required for company registration? Or, are you facing delays or rejection in registering your company in Odisha?

Starting a business in Odisha requires proper legal registration under the Companies Act, 1961. So, whether you’re a startup, entrepreneur, or an established business, get your business registered without hassles. CAAQ Consultancy is trusted to set up a company for hundreds of business owners for national and international customers. Our team has certified CAs, CSs, business consultants, and solicitors that provide personalized support for legal company registration in Gwalior without hassles in a short span.
 

Beforehand, it’s necessary to discover which business model will go smoothly with your business objective. 

Types of Business Entities in Odisha

We, at CAAQ Consultancy, offer end-to-end consultation to select the best business entity. 

1. Private Limited Company (PLC) – This is a suitable business model for startups and small-scale businesses that can easily attract funds from the stock market for scalability.
2. Public Limited Company (PLC)—This is typically for those who want to set up a large-scale entity with limited liability. It allows an opportunity to raise capital from the public and list itself on the stock exchange. 
3. One Person Company (OPC)—This type of business entity is for a single-owner business of freelancers or small businesses, who holds the director position and enjoys limited liability benefits.
4. Limited Liability Partnership (LLP)—A hybrid structure, consisting of the features of a partnership and a company together, offers flexibility for the owner to run and own limited liability.
5. Sole Proprietorship—This is the perfect choice for small businesses, which do not want to struggle with intense compliance. 
6. Partnership Firm—It’s for two or more entrepreneurs who want to jointly run a business together, sharing profit, loss, and liabilities together as mentioned in the partnership deed.
7. Section 8 Company—It’s a non-profit organization that allows its owners to promote art, culture, sports, the environment, or anything related to social causes. It offers tax exemptions and government grants easily, provided that the profit is reinvested for the social cause.

Steps for Company Registration in Odisha

The aforesaid business models will help you decide the best fit for your business. Now, let’s step into the process of its registration.

Step 1. Obtain Digital Signature Certificate (DSC) – The process is going to take place online. So, the director of the company should obtain a digital signature certificate from the MCA portal. We guide you through this process. 

Step 2. Procure a Director Identification Number (DIN)—All directors of the company should procure their Director Identification Number (DIN), which we help you to secure. 

Step 3. Reserve Company Name (RUN Application) – Now, propose your company name, which must be unique and does not match with existing companies. We help you to check it through the RUN application on the MCA portal. 

Step 4. Draft Memorandum of Association (MoA) & Articles of Association (AoA) – Decide the company’s objectives, guidelines, and operational workflows to share with the ROC in the outlined Memorandum of Association and Articles of Association.

Step 5. File SPICe+ Form (INC-32) – Now, fill out an incorporation form online, which is the SPICe+ (INC-32) Form available to file for the legal venture registration on the MCA portal. Enclose all supporting documents and certificates for verification and approval from the ROC. 

Step 6. Obtain Certificate of Incorporation (COI) – As your application is verified, you will receive an official approval in the form of an Incorporation Certificate from the Registrar of Companies (ROC). 

Step 7. Apply for PAN & TAN—With the Certificate of Incorporation, you can apply for a PAN and TAN to legally carry out financial transactions and file taxation. 

Step 8. Register for GST (if applicable) – Compute your annual turnover and discover whether it exceeds the GST threshold. If yes, then apply for the GST number for its filing and return.

Step 9. Open a Business Bank Account—Now, you need a current account in the name of your company. With all documents in your hand, apply for the bank account in its name by passing through its KYC.

Documents Required for Company Formation in Odisha

This checklist will help you to establish your company conveniently.

• Identity and address proof of directors (Aadhar, PAN, passport, voter ID)
• Registered office address proof (electricity bill, rent agreement, NOC from owner)
• MoA & AoA
• Declaration and consent of directors (DIR-2 form)
• Digital signature certificate (DSC)

Estimated Cost of Company Registration in Odisha

Considering its estimation, the cost of the company registration varies. It depends on the type of business entity and professional fees for documentation, like DIN, DSC, AoA, MoA, etc. Furthermore, the consultation charges will be additional. 

If you are thinking about legally setting up your company but are unsure where to start, here is the solution. Schedule a consultation with CAAQ Consultancy today and see how our experts simplify this process by guiding you through every step without lags or hassles.