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B.S.SRIDHAR & CO., |
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CHARTERED ACCOUNTANTS CHENNAI |
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Private Limited Companies can be incorporated with a minimum share capital of Rs.100000/- and Public Limited Companies can be incorporated with a minimum share capital of Rs.500000/- subject to conditions. |
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For a Private Limited Company , 2 directors are required at the time of incorporation and during the life time of the Company. In case of a Public Limited company it is 3 Directors. |
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For a Private Limited Company , minimum number of shareholders is 2 and in case of a Public Limited Company , minimum number of Share holders are 7. |
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Company Formation/Registration/Incorporation FAQ’s |
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In respect of Companies with Share Capital , two types of Companies namely Private Limited Company & Public Limited Company can be incorporated in India. |
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What are the types of Companies that can be Incorporated in India ? |
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How many shareholders are required for Incorporation of a Company in India ? |
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How many directors are required at the time of incorporation of a Company in India? |
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What is the minimum capital with which a Company can be incorporated in India? |
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There is no requirement to have a Resident Indian Director, But it is advisable to have a resident Indian Director in the Board , in order to comply with the meeting/resolution requirements of the Company in India. |
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Is it Compulsory to have a resident Indian Director ? |
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What is the Process of registration of a Private Limited Company in India? |
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This depends on the Sector in which the Company is going to do the business. According to the sector of the Company , the foreign holding in the Indian Company differs. There are sectors where 100% FDI (Foreign Direct Investment) is allowed and in respect of other sectors , cap on FDI is prevelant. For Sector Specific queries , please send an Enquiry to us |
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Is there any restriction in Foreign Holding in an Indian Company? |
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There are sectors where 100% FDI is allowed and in respect of those sectors , there is no Specific permission is required for FDI. In respect of others , FDI permission has to be obtained. For Sector specific queries , please send an Enquiry to us |
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Is it necessary to obtain approval from Indian Government for Foreign Investment? |
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Want to know more about Company Incorporation , CLICK HERE to send an Enquiry |
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We provide Company registration in Chennai , Company Incorporation in Chennai & Company formation in Chennai. We also provide Company formation registration in Coimbatore. CLICK HERE to request for Quote for Company registration in Chennai |
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The proposed Company name shall not be identical/Similar/Resembling to the existing Company names. Click here to view the List of Companies already registered |
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How to name the Company? |
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STEP |
PROCEDURE |
TIME TAKEN(DAYS) |
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Step 1 |
Obtaining Director Identification Number(DIN) for 2 Directors of the Proposed Company |
7
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Step 2 |
Obtaining Digital Signature for one of the Directors of the Proposed Company |
2 |
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Step 3 |
Application for Name Availability & Obtaining the Name for the Proposed Company |
5 |
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Step 4 |
Drafting ,Stamping of Memorandum of Association & Articles of Association for the Company and Vetting the same with Registrar of Companies |
5 |
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Step 5 |
Obtaining Certificate of Registration |
3 |