Get the right answer to your tax questions!
Worried about income tax? We can help!
About This Plan
Are you planning to incorporate? Buy this plan and get your Private Limited Company incorporated in no time.
Prices may differ according to your capital during the incorporation. The applicable price shall be informed to you by our tax expert during consultancy.
Services covered under this plan
- 2 DSCs or The Digital Signature Certificates will be provided
- SPICe Form (form of Incorporation) will be filed
- Name Approval by RUN or Reserve Unique Name
- MOA and AOA will be drafted
- Applicant's PAN
- Applicant's TAN
- Certificate of Incorporation
- Govt Fees and Stamp Duty for Authorized Capital of upto Rs. 1 Lakh will be covered under this plan (except for Punjab, Madhya Pradesh & Kerala)
- Foreign national or Foreign Body Corporate as a director or business that needs approval from RBI, SEBI or IRDA for incorporation will not be included in this plan.
- DIN or Director Identification number of up to 3 directors will be obtained.
Who can buy this plan?
- Businesses planning to expand and incorporate
- Start-ups that are planning expansion
- Businesses planning to convert to Private Limited Company
How the Plan works?
- Buy the Plan
- DSC will be applied
- Company’s name will be reserved with RUN
- E-forms will be filed with ROC
- Incorporation Certificate will be provided
Documents Required
- Director’s Passport Size Photo,
- Director’s address proof, Director’s photo ID Proof,
- Specimen Signature,
- Self-Declaration of directorship in other companies,
- Registered office Address Proof-Electricity Bill along with rent agreement/ownership proof and NOC,
- PAN Card/Passport of Directors,
- Aadhaar Card of Directors
FAQ
What is a Private Limited Company? A type of company that offers limited liability, or legal protection for its shareholders but that places certain restrictions on its ownership.
What is the process of Company Incorporation in SPICe? Simplified Proforma for Incorporating Company electronically or SPICe is a fast track registration procedure initiated by Ministry of Corporate Affairs or MCA, that enables a single form application process for company registration. The general registration process can take up to 30 days, but if SPICe is followed the whole process can be completed within 7 days. Tax Experts at All India ITR focus at rendering premium services and delivering it in a quick manner. The incorporation services shall be delivered following the SPICe process.
How can I become eligible to get benefits under the Startup India Initiative? Only Private Limited Company, Registered Partnership Firm, Limited Liability Partnership qualify as a “Startup” for the purpose of Government schemes. Further conditions are: (a) Not more than 7 years have passed from the date of its incorporation/ registration or upto ten years in case of Startups in Biotechnology sector. (b)Turnover for any of the financial years has not exceeded INR 25 crore (c) It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property. (d)Entity should not have been formed by splitting up or reconstruction a business already in existence. Our experts shall guide you on how you can get registered under the Startup India Initiative and avail the benefits.
Is Stamp Duty necessary for Incorporation process? Yes, Stamp duty charges are imposed by the state in which the registered office is proposed to be located. The charges are on MOA, AOA & form INC 32. Our Tax Experts will guide you about the extra charges, if any.
Is the physical presence required, while the process happens? No, you are not required to be present physically, while this process is going on.
I need to raise capital from external sources. I am considering approaching Investors. Do i get any advantage on getting registered as a private limited company over other forms? 1)The capital structure of a private limited company can easily accommodate equity funding. So Venture Capitalists prefer Pvt. Ltd. over any other structure.
2)Being a regulations compliant entity, it becomes easy to attract capital infusion from financial institutions like banks, NBFCs etc.
What is the government fee applicable for a Plc incorporation? Below are the charges applicable for DIN and other government forms:
- DIN (2 Nos): Rs.1000
- RUN Form: Rs.1000
- AoA & MoA : Vary from state to state
How much time is needed to set up a private limited company? The registration process gets completed when you get a certificate of incorporation(COI) issued by the registrar. The application gets processed within 7 working days.
Can an NRI also become a director in company? And what additional documents will be required to be submitted? Yes, an NRI or any foriegn national can become a director in a private limited company. But such person can be taken as a director only when there is one director who is a Resident of India. Additional documents required:
- Copy of Passport Copy Which is attested by Consulate of Indian Embassy or Foreign Public Notary.
- Copy of Driving License/ Bank Statement or Electricity Bills copy or Any Property Tax Payment Receipt which is attested by Consulate of Indian Embassy or Foreign Public Notary.
RBI approval is required for foreign capital contribution. Additional charges will be applicable for RBI approval. Our experts will advise you on the applicable charges.
Attention Required: Save your Money
There have been incidents where people get COD / VPP couriers after incorporation of their company / LLP.
After the incorporation of a company, its data is freely available on MCA website and is used by many fraudsters to make money.
They take printouts of the available data from MCA websites and send the same to registered address of company via VPP / COD and ask you to pay some money to receive the courier.
Please do not accept these couriers!
All your company registration documents shall be provided to you by All India ITR without any extra cost.