All you need to know to register a company in Kolkata
To register any type of company in Kolkata, whether it be a Private Limited Company, a Limited Liability Partnership (LLP), a Nidhi Company, or a One-Person Company (OPC), company registration services can be of immense help. Here a few FAQs which will definitely help you understand the registration process better: 1.What are the documents required for company registration?
Following documents are necessary to register a company:
i. ID Proof of Directors and Shareholders (PAN in case of Indian Nationals and Notarised Copy of Passport for Foreign Nationals) Address Proof of Directors and Shareholders (Passport/
ii. Driver’s License/ Aadhaar Card and Electricity Bill or Bank Statement) Proof of Registered Office in India (All companies MUST have a registered office in India.
iii. As a proof, you can submit Rental agreement or Sale deed and a copy of the recent Electricity Bill, Property Tax receipt, NOC from landlord to use premises as Registered Office.
iv. Incorporation Documents (Digital signature application in Hard Copy. Upload Soft Copy of other Incorporation Documents)2. For how long is the incorporation of a company valid?
Once a company is incorporated, it will stay in existence as long as the annual compliance's are met with on a regular basis. In case the annual Compliance's are not met, the company will become a Dormant Company and may be removed from the register after a period of time. Once struck off, a company can be revived for a period of up to 20 years. 3. How long does it take to register a company?
Depending on the type of company you are looking to register, it can take anywhere between 7 to 30 days. Also, the processing time will vary from a case to case basis depending on the availability of correct documents and the time taken by the government to process the documents. 4. On an average, the time taken to register various types of companies is: i. One-person company:
7 to 15 days ii. Private limited company:
10 to 15 days iii. Nidhi Company:
20 to 30 days 5. What is the minimum requirement to be a Director in a company?
Any person over the age of 18 years can become a director in a company, irrespective of his/her residency or citizenship. 6. Can a foreign national become the Director of an Indian company?
Yes, they can! A foreign national need to obtain a DIN (Director Identification Number) and become the Director of an Indian company. The DIN can be obtained after applying to the Ministry of Corporate Affairs, as is the case with Indian Nationals. 7. Can NRIs and foreign nationals/entities register a company in India?
Yes, foreign nationals/entities can register a company in India and invest here, subject to the FDI norms stated by the RBI. However, as per the Incorporation rules in India, one Indian National must be a part of the company on the Board of Directors. 8. What is the capital required to start a private limited/one person company?
A private limited and one-person company can be started with any amount of capital. But during incorporation, a fee needs to be paid to the Government for issuing a minimum of shares worth Rs. 1 Lakh
(which is the Authorised Capital Fee). It is not required to show proof of capital invested during the incorporation process.
To start a Nidhi Company, the minimum approved capital is Rs. 5 Lakhs
. There is no upper limit and it can be increased to any amount.