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Are you planning to start a private limited company in Mysore? Registering a private limited company is a crucial step towards establishing your business legally and gaining credibility in the market. In this post, weu2019ll provide you with a comprehensive guide to private company registration in mysore, covering everything you need to know to get started.<br>For a detailed guide on Private Company Registration in Amravati, visit www.chhotacfo.com/blog/private-company-registration-in-mysore/
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PRIVATE COMPANY REGISTRATION IN MYSORE A STEP-BY-STEP GUIDE www.chhotacfo.com
Introduction What is a Private Company? • A privately held business entity with limited liability and a separate legal identity. • Governed by the Companies Act, 2013. Why Register a Private Company? • Legal recognition and protection. • Access to funding and loans. • Credibility in the market. www.chhotacfo.com
Types of Private Companies Private Limited Company (Pvt Ltd): • Minimum 2 shareholders and 2 directors. • Maximum 200 shareholders. One Person Company (OPC): • Single shareholder and director. • Suitable for solo entrepreneurs. www.chhotacfo.com
Benefits Benefits of Private Company Registration • Limited liability protection for shareholders. • Separate legal entity. • Easy transferability of shares. • Access to funding and investments. • Perpetual succession (company continues even if owners change). www.chhotacfo.com
Documents Documents Required for Registration For Directors and Shareholders: For the Company: • PAN card. • Aadhaar card or passport. • Address proof (electricity bill, rent agreement, etc.). • Passport-sized photographs. • Proposed company name. • Registered office address proof. • Memorandum of Association (MOA). • Articles of Association (AOA). www.chhotacfo.com
Steps Steps for Private Company Registration 4. File Incorporation Forms: 1. Obtain Digital Signature Certificate (DSC): Submit SPICe+ Form (INC-32) along with MOA and AOA. Required for signing electronic documents. 2. Apply for Director Identification Number (DIN): 5. Pay Fees and Stamp Duty: Unique identification for directors. Based on the company’s authorized capital. 3. Reserve Company Name: 6. Receive Certificate of Incorporation: Submit name options via the RUN (Reserve Unique Name) service on the MCA portal. Issued by the Registrar of Companies (RoC). www.chhotacfo.com
Compliance Post-Registration Compliance 1. PAN and TAN Application: Apply for Permanent Account Number (PAN) and Tax Deduction Account Number (TAN). 2. GST Registration: Mandatory if turnover exceeds ₹40 lakh (₹20 lakh for services). 3. Bank Account Opening: Open a current account in the company’s name. 4. Annual Filings: File annual returns and financial statements with the RoC. www.chhotacfo.com
Why Choose Professional Help? • Expert guidance for error-free registration. • Timely submission of documents and forms. • Assistance with compliance post-registration. • Saves time and effort. www.chhotacfo.com
THANK YOU For more information, visit Website: https://www.chhotacfo.com/blog/private-company-registration-in-mysore/ Email: mgmt@chhotacfo.com Phone: +91-97397 36999 www.chhotacfo.com