Till last year, it was not possible to form a private limited company without two subscribers or shareholders. With the introduction of new Companies act 2013, an individual can set up companies alone without taking another subscriber or shareholder. With this new concept, small entrepreneurs can set up a one person company (OPC) without sharing their profits with another … [Read more...] about Starting One person company (OPC) in India
Company Formation in India
Cost of company registration in India – For a private limited company
Company registration cost in India depends on so many factors. One of the major factor is the authorized share capital with which you want to register your private limited company. If you want to register your private limited company with the minimum requirements then cost of company registration will be less. Cost of company registration will go up with the increase in … [Read more...] about Cost of company registration in India – For a private limited company
Job of a Chartered Accountant or CS in company registration Process
Chartered accountants (CA) or company secretaries (CS) are the persons who are authorized to approve and certify all the documents that are required in company registration process. At each steps of company registration process, you need to obtain their approval before uploading it to MCA website. Approval of DIN Director Identification Number (DIN) is required before the … [Read more...] about Job of a Chartered Accountant or CS in company registration Process
What is Memorandum of Association (MOA) – A beginner’s guide
Memorandum of association (MOA) is a statement which is prepared and uploaded by the subscriber at the time of company’s registration. You can take help of a professional like a CA or CS for drafting of memorandum of association (MOA). Contents of Memorandum of Association - MOA MOA has to be prepared and to be filed while incorporating a new company in India. Countries like … [Read more...] about What is Memorandum of Association (MOA) – A beginner’s guide