Company Registration in Begusarai

Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Registering a company offers many benefits. GetmyCA offers Company Registration in Begusarai in which registered company makes your business genuine and increases the authenticity of your business. Company Registration in Begusarai is a popular option to start a business in Begusarai by startups and businesses with higher growth aspirations.

Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. One of the primary steps in Company Registration is to ensure that the company name has not already been taken by another legal entity. We can run a company name search to check the availability of the particular name in India against the MCA and trademark database.

Two Shareholders/Directors	Minimum 2 shareholders and 2 directors required. A natural person can be both a director and shareholder.
Unique Name	The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
Minimum Capital	No minimum capital amount required. However, a company should have an authorized capital of at least Rs. 1 lakh.
Registered Office	The registered office does not have to be a commercial space. Even a rented home can be the registered office, so long as an NoC is obtained from the landlord.

If you want to start a business with company registration in Begusarai then make sure your company is registered â€” it should be your first priority. A registered company has multiple advantages i.e. easy to register to easy to dissolve. You can totally rely on GetMyCA for company formation procedures.

Registration Requirements

Private Limited Company Benefits

It is flexible and has limited liability.
Greater capital contribution and greater stability.
Possibility to grow big and expand.
Continued Existence.
Tax Benefits.

Requirements For Company Registration

Minimum 2 Shareholders.
Minimum 2 Directors are required.
Minimum 1 Lac Share Capital.
DPIN for all the Directors.
At least one Designated partner should be an Indian Resident.

Benefits of Private Company

Separate Legal Entity

Private Limited Company is a legal entity different from its members â€” it can open bank accounts, hire employees, take on equity or obtain licenses as an independent corporate entity. Members have no personal liability to creditors for company's debts.

Owning Property

A Private Limited Company can acquire, own, enjoy and alienate property in its name â€” machinery, building, intangible assets, land, residential property, factory, etc. No shareholder can claim upon the property of the company as long as it is a going concern.

Uninterrupted Existence

Private Limited Company has 'perpetual succession' â€” uninterrupted existence until it is legally dissolved. It is unaffected by the death or other departure of any member and continues to exist irrespective of changes in ownership.

Borrowing Capacity

Private Limited Companies can raise equity funds in India. Companies can issue equity shares, preference shares, debentures and accept deposits with RBI permission. Banks prefer to provide funding to a company rather than partnership firms or proprietary concerns.

Want to Improve Business

Every business, no matter how small, needs a financial and tax advisor. Every business success depends on how you committed to your vision statement. Take action to make your vision statement come true: Use it as the basis of your business planning.

Before you start developing your business plan, you need a clear idea of what you want to accomplish. Share it with potential partners, staff, and employees if you have them. Private Limited Company Registration is the most popular legal structure to take step further in business plans.

Documents Required For Company Registration in Begusarai

Director Documents

Copy of PAN Card of directors
Passport size photograph of directors
Copy of Aadhaar Card / Voter identity card

Office Documents

Electricity / Water bill (Business Place)
Landlord NOC (Format will be provided)
Copy of Rent agreement (If rented property)

GetMyCA Services Included

Director Identification Number
Digital Signature Certificate
Name Search and Approval
MOA / AOA Submission
TAN & PAN

Steps for Company Registration

1

Reserve Unique Name

Apply for name reservation through the MCA portal to ensure your company name is unique and not already taken by another legal entity.

2

Apply Digital Signature Certificate

Obtain DSC for all directors. This is mandatory for signing the electronic forms during the registration process.

3

Prepare Form Spice & MOA/AOA

Prepare the SPICe+ form along with Memorandum of Association (MOA) and Articles of Association (AOA) for submission.

4

Prepare Supporting Documents

Compile all supporting documents including Income Form, director KYC documents, registered office address proof, etc.

5

Submission of Documents

Submit all forms and documents through the MCA portal. GetMyCA handles the entire submission process on your behalf.

6

Get Incorporation Certificate

Once approved by the Ministry of Corporate Affairs, receive your Certificate of Incorporation along with CIN, PAN and TAN.

Frequently Asked Questions

What is the minimum requirement for Company Registration?+

To register a private limited company, a minimum of 2 shareholders and 2 directors are required. A natural person can be both a director and shareholder. The company should have an authorized capital of at least Rs. 1 lakh and at least one director must be an Indian resident.

Does the registered office need to be a commercial space?+

No. The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as an NoC (No Objection Certificate) is obtained from the landlord.

What are the benefits of Private Limited Company?+

Key benefits include: limited liability protection, separate legal entity status, ability to own property, perpetual succession (uninterrupted existence), better borrowing capacity from banks, tax benefits, and the ability to raise equity funds in India by issuing shares.

What does GetMyCA provide with Company Registration?+

GetMyCA provides: Director Identification Number (DIN), Digital Signature Certificate (DSC), Name Search and Approval, Income Form Submission, MOA/AOA Submission, and TAN & PAN â€” all as part of the company registration package.

Company Registration in Begusarai

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Inquire for Company Registration