Private Limited Company Registration in Assam
Looking to register a Private Limited Company in Assam? Well, this process is a smart move for entrepreneurs, as Assam offers a growing economy and a business-friendly environment. Moreover, by opting for Private Limited Company Registration in Assam, you can benefit from limited liability protection, which keeps your personal assets separate from business debts. In fact, with just two shareholders and directors required, it’s easier to raise capital and build trust with investors.
Additionally, the Private Limited Company Registration process in Assam involves choosing a unique company name, gathering the necessary documents, and submitting them to the Registrar of Companies. Once your application is approved, your company will have its own legal identity, giving you a competitive edge in Assam’s market. Therefore, in summary, going through the Private Limited Company Registration process in Assam is an excellent choice for any business looking to grow in one of India’s most promising states.
Start your business today
Steps to Establish a Private Limited Company in Assam
Private Limited Company Registration in Assam: Easy Step-by-Step Guide
- Choose a Unique Name: Pick a company name that’s different from others and follows MCA rules.
- Get Digital Signatures: Directors and shareholders need Digital Signature Certificates (DSCs).
- Apply for DIN: Directors must get a Director Identification Number (DIN).
- Prepare Documents: Collect important documents like ID proofs, office address proof, MoA, and AoA.
- Submit Incorporation Application: Fill out and submit the SPICe+ form online through the MCA portal.
- Receive Certificate of Incorporation: Once approved, the Registrar of Companies (RoC) will issue this certificate.
- Get PAN and TAN: Apply for these from the Income Tax Department for tax-related purposes.
- Open a Bank Account: Use the Certificate of Incorporation and PAN to open a company bank account.
- Register for GST: Register for GST if your business meets the required turnover and operation criteria.
- Maintain Compliance: Regularly file annual returns, keep statutory records, and follow all regulatory requirements.
This guide simplifies the process of setting up a Private Limited Company in Assam, ensuring a smooth and efficient registration. Follow these steps to speed up incorporation and avoid delays, so you can focus on building your business.
Required Documents for Online Private Limited Company Registration in Assam
- Identity Proof: Aadhaar card, passport, voter ID, or driver’s license for each director and shareholder.
- Address Proof: Utility bills, bank statements, or rent agreements for directors and shareholders.
- Office Address Document: Utility bill, lease agreement, or NOC from the property owner.
- Photos: Recent passport-sized photos of all directors and shareholders.
- Company Goals (MoA): A document outlining the company’s objectives.
- Company Rules (AoA): A document that sets out the company’s internal rules and management.
- Director’s ID Number (DIN): A unique ID required for each director.
- Digital Signature (DSC): Needed for signing documents online.
- Tax ID (PAN Card): Permanent Account Number for the company, directors, and shareholders.
- SPICe+ Form: The main online application form for registration on the MCA portal.
These documents will help you easily complete the online registration of your Private Limited Company in Assam.
All-in-One Solution for Starting a Private Limited Company in Assam
Our Transparent Pricing Package for Starting a Private Limited Company in Assam with our clear pricing, there are no hidden fees or upfront payments. Our all-inclusive package includes:
- MoA and AoA Drafting: We prepare and file the Memorandum of Association (MoA) and Articles of Association (AoA) for you.
- Name Reservation: We cover all costs for reserving your company name.
- Government Fees & Stamp Duty: All required government fees and stamp duties are included.
- PAN Card: We help you get your company’s PAN card.
- TAN: We also handle the process for obtaining your Tax Deduction and Collection Account Number (TAN).
- PF & ESIC Registration: We manage the registration for Provident Fund (PF) and Employees’ State Insurance Corporation (ESIC).
- MSME Registration: We assist with registering as a Micro, Small, and Medium Enterprise (MSME).
- DIN for Two Directors: We secure Director Identification Numbers (DIN) for two directors.
- DSC for Two People: We provide Digital Signature Certificates (DSC) for two individuals.
- Bank Account Setup: We help you open a bank account in your company’s name.
- Share Certificates: We prepare and issue share certificates.
- Filing of INC-20A: We file the INC-20A form to declare the start of your business.
- Submission of Auditor ADT-1: We handle the submission of ADT-1 to appoint your auditor.
Choose our service for an easy and efficient Private Limited Company registration in Assam.
What You Need to Register a Private Limited Company Online in Assam
- Director and Shareholder Requirements
- Choosing a Company Name
- Office Address for Registration
- Securing Additional Documentation
- Digital Signature Certificate (DSC)
- Director Identification Number (DIN)
- Approval of Company Name
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Proof of Address and Identity
- Proof of Registered Office Address
Types of Business Structures for Registering a Company in Assam
- Sole Proprietorship
- Partnership Firm
- One Person Company (OPC)
- Private Limited Company (Pvt Ltd)
- Limited Liability Partnership (LLP)
- Public Limited Company (Ltd).
Advantages of Setting Up a Private Limited Company in Assam
Thriving Economy of Assam
Assam’s GSDP has surged from ₹1.27 lakh crore to ₹16.19 lakh crore in the past two decades. The Chief Minister aims for the state to contribute to India’s $5 trillion economy goal, targeting a $1 trillion economy by 2030.
Protect Your Assets
Registering a PVT Ltd, LLP, or OPC in Assam protects your personal assets from business liabilities, safeguarding your wealth from legal or financial issues faced by the company.
Establish a Legal Entity
When you register your business as a Private Limited Company, LLP, or OPC online, you create a distinct legal entity separate from its owners. This separation, therefore, allows the company to acquire assets, sign contracts, engage in legal actions, and operate independently of its founders.
Enhance Funding Opportunities
Registering as a Private Limited Company, LLP, or OPC opens up diverse funding options, including equity investments, debt financing, angel investors, venture capital, and bank loans. As a result, this status enables you to issue shares and debentures, attracting public investment and expanding your capital base.
Tax Advantages
Opting to register as a Private Limited Company or startup in Assam offers several tax benefits under the Income Tax Act of 1961. For instance, these benefits include deductions for business expenses, asset depreciation, and more favorable corporate tax rates compared to other business structures.
Step-by-Step Guide to Registering a Private Limited Company Online in Assam
Legal Kamkaj offers a streamlined process for registering a Private Limited Company online in Assam, completing it in just 4 simple steps:
Step 1: Document Collection
Initially, our team will gather all the necessary documents. Subsequently, we will authenticate these documents to ensure everything is prepared correctly for the incorporation process. By doing so, we ensure that the documentation is accurate and compliant with regulations.
Step 2: DSC Application and Name Reservation
Next, we will apply for the Digital Signature Certificate (DSC) on your behalf. Additionally, we will secure approval for your company’s name from the Ministry of Corporate Affairs (MCA). This step ensures that your business name is unique and reserved, establishing your company’s identity.
Step 3: Preparation and Submission of MOA and AOA
Subsequently, we will draft the Memorandum of Association (MOA) and Articles of Association (AOA) for your company. Once prepared, we will file these documents along with the necessary forms with the Registrar of Companies (ROC) for the final incorporation stage. This ensures that your company’s structure and governance are properly documented and submitted.
Step 4: Issuance of Company Incorporation Certificate
Finally, we will complete the registration process with the appropriate government authorities. Upon review and approval of the documents, you will receive your company incorporation certificate directly from the MCA. This step finalizes your company’s legal standing and registration.
Note: Ensure that all documents are submitted within the specified time frame and are accurate to comply with government regulations and avoid delays. Legal Kamkaj will manage and assist you throughout the entire registration process, ensuring a seamless and efficient experience.
Business Compliance Rules in Assam
Operating a business in Assam undoubtedly requires strict adherence to local, state, and national regulations. In fact, these regulations encompass various aspects, such as operations, taxation, licenses, and statutory obligations. Moreover, to operate legally, businesses must maintain accurate records, ensure transparency, and additionally fulfil all regulatory requirements. Therefore, to help you stay compliant with these regulations, our team of specialists offers thorough support, so that you can focus on expanding your business, while we handle the complexities of regulatory compliance.
Compliance Requirements:
- ADT -1 – Appointment of Auditor
- INC 20A – Certificate of Commencement of Business
- AOC 4 – Filing of financial statements
- MGT 7 – Filing of annual returns
- DIR 3 KYC – Directors KYC
- DPT 3 – Return of Deposits
Our Services for Registering a Private Limited Company in Assam
Starting a company in Assam is now simpler with our guidance. Moreover, to successfully launch your business, it’s crucial to comply with state regulations. In addition, key requirements include:
- First, obtain a DIN and DSC for two Directors to initiate the process.
- Next, draft the MoA and AoA to establish the company’s objectives and governance structure.
- Pay the registration fees and stamp duty to complete the legal formalities.
- Once done, you’ll receive the company incorporation certificate, officially recognizing your business.
- Then, secure the company PAN and TAN for tax compliance.
- Lastly, open a zero-balance current account to manage your business finances efficiently.
To establish your private limited company, first and foremost, follow these essential steps. Additionally, it’s highly advisable to consult with professionals to make informed decisions. Moreover, doing so will help ensure the smooth growth of your company. As a result, this thorough approach not only helps you build a strong foundation, but also ensures that you meet all regulatory requirements. In the end, taking these steps will pave the way for your company’s success.
Frequently Asked Questions About Private Limited Company Registration in Assam
Registering a Private Limited Company in Assam typically takes 15 to 30 days, depending on document completeness and the MCA’s processing speed. Timely and accurate submission can speed up the process, while issues may cause delays.
Registering a Private Limited Company in Assam typically takes 15 to 30 days, depending on document completeness and the MCA’s processing speed. Timely and accurate submission can speed up the process, while issues may cause delays.
The cost typically includes registration fees, stamp duty, and professional charges. Moreover, it can greatly vary depending on how complex the process is and, crucially, the level of assistance you require. Therefore, for an exceptionally accurate estimate, it is highly advisable to consult with a service provider.
A Private Limited Company must have at least two directors and two shareholders. There is no maximum limit on the number of shareholders, but the company can have up to 200 shareholders. This setup provides flexibility while keeping the number of shareholders within a manageable range.
Yes, you need to provide proof of a registered office address in Assam. This can be a leased property, a rented space, or even a residential address. However, the address must be valid and verifiable to meet legal requirements. Ensuring the address is accurate and appropriate will help make the registration process smoother.