iMaster India Pvt. Ltd. is a leading business registration consultants for company registration in Chennai, India and having morethan 10 years experience. Established in the year 2010, iMaster India Private Limited is a professionally managed organization, managed by a team of Chartered Accountants, Company Secretaries, Corporate Lawyers and Expert Company Registration Consultants offering Financial Accounting, Taxation Advisory, Audit, and Company Formation services in Chennai, Coimbatore, Tamilnadu and Bangalore.
The complete services in company incorporation / business formation in Chennai; our Corporate Services Experts will take care of entire process of company formation in Chennai for your , whether it is private Limited or LLP registration Online.
“We complete your Company name availability search & Private Limited Company registration process in Chennai with in 15 working days “
Company Incorporation Procedures in India
Easy Steps for Company Registration service
Document Requirements for Pvt Ltd Registration : Every Director must have PAN Card issued by the Income Tax department as an Identity proof and one address proof in his/her name(Voter ID/Passport / Driving License). Two passport size photographs of each Director are required.
Company Name Availability : It is advisable to conduct a Name Search for the proposed company name to make sure that there is no identical or similar LLP/Company already registered in India or for which an application for registration has been submitted. Name should not be in general.
Payment of Fees (Full Payment) : We provide you following payment options: 1. Cash, 2. Cheque and 3. Online Transfer(NEFT). Cheques are subject to realisation.
Application of DIN & Digital Signature : We will prepare and send all the required documents for signatures..
Name Application : We will draft the Main Objects of the Company after due discussion with the promoters. On the approval of the Promoters, our team will forward Company name application with the concerned Registrar of Companies.
Filing of Incorporation documents : We will prepare all the relevant documents along with eForms, Memorandum of Association (MOA) and Articles of Association (AOA) required for the company incorporation in chennai and will file the same with the authorities
Final Process : After completion of the process, we provide you a file containing all documentation made for Company formation in chennai.
Long Term Relationship : We look forward to a very long term relationship with all our Clients. We provide all kinds of recurring secretarial services in chennai required by the Company in the form of Annual Return filing and various Event Based Compliances.
As you aware , Corporate Secretarial Compliance is an essential part of a corporate function failing which stringent penalties are imposed under the provisions of Companies Act and LLP Act.Within the company, secretarial compliances in chennai imply the adherence of the process and procedures designed under the Companies Act and Rules while carrying out a particular change. For eg. Appointment / Resignation of Directors, Increase of Authorised Capital and Issue of further shares etc. The Management of the company vests with the Board of Directors.
The Board of Directors has power to manage the day to day affairs of the company subject to the provisions of Companies Act. The decisions at the meeting of directors are carried by way of resolutions. There is certain decision that requires the approval of Shareholders Meeting by way of a resolution. Considering the requirements of majority for passing, resolutions can be classified in to Ordinary resolution and Special resolution.
The Board has to meet least once in every three months and at least 4 meetings shall be held in every year. Every year, the company has to convene an Annual General Meeting (AGM) of the shareholders for adopting the Annual Accounts and appointment of Auditors for the following year. Any meetings of shareholders other than the Annual General Meeting are called Extra Ordinary General Meetings (EGM). It is required to keep the minutes of Board Meeting and General Meetings of the company recorded and signed by the Chairman of the meetings.
Every company having a paid up capital of Rs.5 Crore or more shall appoint a whole time Company Secretary and every company having a paid-up share capital of Rs.10 Lakhs to Rs.5 Crore shall obtain the Secretarial Compliance Certificate from a Company Secretary in whole-time practice and have to file the same with the Registrar of Companies. Compliance mechanism under Companies Act and LLP Act mandates to file Returns / Forms to Ministry of Corporate Affairs (MCA) to ensure the regulatory compliances.
Compliance related filing of returns / documents with the office of Registrar of Companies can be broadly classified in two categories:
Annual Statutory Compliances
Event Based Compliances
Annual Statutory Compliances
Filing of Annual Accounts.
Every company has to prepare financial accounts consisting of Balance Sheet and Profit and Loss account on a yearly basis and the same has to be placed before the Annual General Meeting of the company. Copy of the Annual Accounts has to be filed with the Registrar of Companies duly audited by a Chartered Accountant.
Filing of Annual Return.
Every year a company shall file a return with the Registrar of Companies with in 60 days of AGM containing the particulars such as address of registered office, register of its members, register of its debenture holders, shares and debentures, indebtedness, members and debenture holders, past and present, and directors, managing directors, past and present.
Event Based Compliances
The following are few instances that require a filing of a return with the Registrar of Companies.
Change of Name
Increase Authorised Capital / Issue of Shares
Creation / Modification / Satisfaction of Charges on the Assets of Company
Change in Registered Office of the company
Obtaining Certificate of Commencement of Business
Statutory Meeting of a Public Limited Company
Resolutions Passed by the Board / General Meetings and Agreements entered by the company
Appointment of Directors / Managing Director and changes among them.
Advantages of Company Registration
Easy Bank loans
Companies can easily get bank loans. Banks and creditors are more incline to offer funds to companies rather than individuals or partnership businesses.
Company Longevity-Long Existence
A Company continues to exist for generations and generations to come unlike sole proprietorship or partnership that gets closed due to death/bankruptcy of the owner
Owner’s Personal asset safety
Limited liability of business feature is an attractive feature of a company. This feature safeguards the personal assets of shareholders from the risk of company creditor’s claims.
Easy to register
Company registration is totally an online process. You can get your company registered within a week through our registration professionals in India.
Company enjoy lower tax rate and host of other tax deductions when compared to other business structures
Unique company name
Once you register your business as company/LLP, no other company can register in the same name. Hence it is one of the top attractive feature of a company
FAQ – Company Registration Process Online
Company Registration in India
We are here to support you from name approval to company incorporation to issue of share certificate either for indian nationals or for foreign nationals. As you know, share holders are personally not liable for all activities done by the directors. As a limited liability company, it is a best business structure to register a company.
Digital Signature Certificate for Incorporation ( DSC )
MCA21 brought a efiling Process for company registration. We need DSC for filing incorporation eforms. Spice Plus is main eform which we need fo file online. Digital Signature Certificate ( DSC ) is a documents saved in the USB Drive in secured manner. It works on Public-Private Encryption Mechanism.
Business Name Approval Process
Name Approval of a Private Company is a easy process with us. We are here to get your name approval online and start your business smoothly. Our Company Registration Consultants in Chennai will guide you to check company name and verify registered trademark details. This is a first step to start a business. Always do not infringe registered trademarks.
Company Registration Fees
Registration Cost of Company will vary Based on your Company Capital and number of directors. We have to pay government fee and stamp duty at the time of filing company incorporation form.
Share Certificates and CIN
We will help you to issues share certificates after company registration in chennai. ROC will issue Corporate Identification Number along with Certificate of Incorporation. As a Director of a company, you have to issue share certificate along with CIN, Share Folio Number , Company Common Seal.
Company Registration Certificate
It is an final evidence about your company registration in India. Incorporation Certificate is an electronic document which is confirmation about corporate existance and separate legal entity.
Company Registration Online
Online Process of Company Formation is an perfect solution who wants to start a startup registration in India. We at iMaster, register your company and handover after completing all incorporation formalities.
Free Company Registration in India
Free Company Formation is an better option for fulfilling your entrepreneurship dream. It starts from the process of of designing, launching and running a new small business. The Government of India gives a better option to start a Zero Fee Startup Company with iMaster India Private Limited. This best offer saves around Rs.2500/- instantly. You have to pay Company Registration Consultants fee, DSC Cost, Stamp Duty , Name Approval Fee and Other charges.
Registering Company Limited By Shares
Setting Up a Seperate Legal Business Entity is a one of the popular business structure in India. Private Limited Registration with a minimum capital and minimum documents required will give you benefits of Startup Company Registration in India. We also help you to open a New Bank Account, GST Registration, FSSAI Registration, MSME Registration and Startup Registration.
iMaster helps you with a complete range of Corporate Services and Corporate Secretarial Compliance for your company. If you have any further questions regarding the above, please Click Here
“Professional approach, organized Procedures and timely delivery in Company Registration services at unbelievable cost”
How to register a startup company in chennai / Udyam Registration Online?
Top Consultants support you to register a startup company in Chennai / Udyam Registration Online for your success. imaster.in helps you to register Startup company registration online after roc chennai company search and Company Name Approval. You will get Ceritificate of Incorporation , Documents and Registration Number after setup process from the Registration Office.
How long does it take to complete an Company Formation?
If you are ready, we can complete a company registration within 5 working days. It helps you to complete Startup Registration immediately with our Company Formation Agents.
How can iMaster.in help in incorporating your company?
We are the best company registration consultants.You are coming to the right place where you can buy the best services at a reasonble price.
Advantages of company incorporation
Quickly acquire funds- Legally registered companies can acquire funds easily for business from lenders like banks, financial institutions, and private lenders.
Put down business roots- By registering your company, your target audiences get the impression that you are not the business of vanish-over-the-night type. When you put down business roots with a registered company, consumers honor you with their trust and reliability
Dependable and Trustworthy-Trust and reliability of target audiences like consumers, investors, creditors and other third party is critical in the business world. When you are a legally registered organization, people believe that you are a serious business entity not a gone-over-the-night type of business. This makes your business more reliable and builds up your target audience’s confidence in your business.
Create Professional Persona- A legally registered business presents you as a professional organization that is staying in the business field for a long period of time.
Easy Business current Accounts with banks- Many banks are eager to have business current accounts maintained at their bank branches for various registered businesses. A separate business account with banks also creates a positive business image.
Added advantages- The further registered company can enjoy benefits like easy transfer of ownership, protection of business owner’s personal assets, tax benefits, etc.
Minimum requirements to register a private limited Company
In India who can start a company? Who is eligible to be a director or shareholder of a company? A resident of India can be a director or shareholder of a company. He can be involved in the management of the company or employ managerial personnel too. Here the meaning of Indian resident means that the person should have stayed in India for a period 182 days in the previous year.
A salaried person can also start a company in India provided there is no conflict in his employment contract. Even minor people can be shareholders and directors of a company through their guardian. Even entities like OPCS, companies, LLPs etc can become shareholders of a company. Foreigners or foreign businesses, NRIs and persons of Indian origin can start a company in India. Can Foreigners, foreign business entities, NRIs Setup Company in India? Can they become shareholders and Directors in India? Yes. Foreigners, foreign business entities, NRIs Setup Company in India and persons of Indian origin (PIO) can set up Company in India subject to the condition that at least 1 director of the proposed company is an Indian resident. Abroad investments from Foreign citizens, foreign entities, PIOs, and NRIs can be routed directly into the company without any approval. The ownership of shares depends on the Industry. They can have 100% shares in the majority of the companies but for few sectors like defense, insurance, etc. FDI policy in India has made FDI investments in India very easy for aspiring business entrepreneurs.
If you want to be a director of a company, then DIN is essential. All company directors should have DIN. A person can be a director in more than one company or LLP. Active directors of the company need to obtain a digital signature-DSC.
How to Check Company Name Availability in India?
Company Name Check is a important option to verify before applying for name approval. Company Online Registration is the next process after Startup Company Name Registration in Chennai India. We have provided a bookmark to Search in the MCA Master Database and Trademark Registry Database Online. It helps during Startup Company Registration in India Chennai. Get Pvt Ltd Company Name Suggestions easily for a New Company Name Search. We are here to support you at all times.
What are the benefits of hiring Auditors for Company Registration?
Auditors are the professionals who is thorough knowledge about Indian Startup System and Taxation. It will help us to get more benefits.
What is the difference types of Company Formation?
There are many types for company setup. LLP, Partnership , OPC , Partnership are the difference.
1. Regular Private Limited Registration
2. OPC Company Registration
3. Limited Libility Partnership Registration
4. Partnership Registration
5. Sole Proprietorship
6. Public Limited Company
7. Sec 8 – Non Profit Company
8. Unlimited Liability Company
9. NBFC Company Registration
Selecting the right type of business registration can be tough task for majority of business promoters. They may have vague knowledge about few forms of business but do not have in depth knowledge about pros and cons of all types of business structures. Under such scenario, company registration consultants in Chennai or Auditors in Chennai can be of immense help to you. Filing Point can guide you right from company registration, allied business registration, tax and business advisory, filings and compliance etc.
What is the meaning of Private Company Limited By Shares?
Any Limited Liability Companies like Public Limited Companies or Private Limited Companies must bring Paid Up Capital. It is called Limited by Shares. Your libility is limited by your total investment in shares. It is equal to companies nominal value of shares.
Do we need Company Secretary / Company Secretarial Services for the limited company?
Under the Companies Act,2013, Eventhough appointment of Company Secretary is not mandatory for small companies, we have to maintain registers, minutes of meetings and other documents. Hence it is suggested to hire a professionals who provides Company Secretarial Services at a resonable cost.
How can a Private Company Increase Paid Up Capital and Advantages?
Raising Capital is an Smart for all types of Companies. Your Paidup Capital Cannot Exceed your authorised capital. You can increase upto your authorised capital or you need to increase your authorised capital first. You can increase your Paidup Share Capital by way of receiving funds from existing shareholders or bringing a new shareholders. You have to pay additional stamp duty for the increased authorised capital. Main Advantage is a company will get financial strength immediately after increasing capital. Please note that increasing capital will dilute your existing share holding percentage.
How to get Trademark Registration?
Trademark Registration is a very easy task with your Business Name or Tradename / Brands. It will give you the benefits of Distinctiveness, Exclusive Rights, Property Rights, avoid unfair competition. Examining Attorney or Other experienced gents will verify existing trademarks registered in India and find out how to register wordmark/trademark. Registering a comprehensive trademark will you Intellectual Property Rights to a Trademark Holder. You can take legal action against any person relating to Trademark Infringements. Some of our clients are registering trademarks for domain names also.
How can I find MOA Main Objects of Digital Marketing Company?