I. Pre-Incorporation Services:

• Company Name Availability Check:
  • Guide clients on choosing an appropriate and unique company name that complies with MCA (Ministry of Corporate Affairs) naming guidelines.
  • Conduct name availability searches on the MCA portal to ensure the chosen name is not already in use.
  • Help reserve the approved name.
• Director Identification Number (DIN) Application:
  • Assist proposed directors in obtaining their DINs, which are mandatory for incorporating a company.
  • Guide them through the online application process and document submission on the MCA portal.
• Digital Signature Certificates (DSC):
  • Advise clients on the types of DSC required for company incorporation and other e-filings.
  • Facilitate the process of obtaining DSCs from authorized Certifying Authorities.

II. Incorporation & Registration:

• Memorandum of Association (MOA) & Articles of Association (AOA) Drafting:
  • Draft a comprehensive and legally sound MOA, defining the company’s objectives, powers, and scope of operations.
  • Draft customized Articles of Association (AOA), outlining the internal rules and regulations of the company.
  • Ensure the documents comply with the Companies Act, 2013, and are tailored to the client’s specific business requirements.
• Filing Incorporation Documents:
  • Prepare and file all necessary incorporation documents (MOA, AOA, declaration forms, etc.) with the Registrar of Companies (ROC) in the relevant state.
  • Ensure accurate and complete submissions to avoid delays or rejections.
• Certificate of Incorporation Acquisition:
  • Track the application status and communicate with the ROC.
  • Obtain the Certificate of Incorporation, which officially establishes the company as a legal entity.

III. Post-Incorporation Compliance:

• PAN & TAN Application:
  • Assist the newly incorporated company in obtaining a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Income Tax Department.
• GST Registration:
  • Determine if the company is liable for GST registration based on its business activities and anticipated turnover.
  • Guide the company through the online GST registration process.
• Bank Account Opening:
  • Advise on choosing a suitable bank and assist in opening a current account in the company’s name.
• Registered Office Setup:
  • Ensure the company has a registered office address that meets the requirements of the Companies Act.
  • Assist with documentation (e.g., rental agreement, utility bills) to prove the registered office address.

IV. Ongoing Compliance & Secretarial Services:

• Annual Compliance:
  • Guide companies on their annual compliance obligations, including:
    • Holding the Annual General Meeting (AGM)
    • Filing annual returns with the MCA (e.g., AOC-4, MGT-7)
    • Preparing and filing financial statements.
• Secretarial Services:
  • Provide ongoing secretarial support, including:
    • Maintaining statutory registers
    • Preparing board resolutions and minutes
    • Handling share transfers and other corporate actions.

V. Value-Added Services:

• Business Planning & Strategy:
  • Help startups develop business plans, define their target market, and create a go-to-market strategy.
• Funding & Investment:
  • Advise on fundraising options, connect startups with potential investors, and assist with documentation for funding rounds.
• Virtual Office Solutions:
  • Provide virtual office services, including a registered office address and communication support, for companies that don’t need a physical office space.

FAQs: Private Limited Company Incorporation – Your Questions Answered by The CauseConnect Team

1. What is a Private Limited Company, and what are its benefits?

A Private Limited Company is a popular business structure in India that offers:

• Limited Liability: Shareholders’ personal assets are protected from business liabilities.
• Separate Legal Entity: The company is a distinct legal entity from its owners, allowing it to own assets, enter into contracts, and sue or be sued in its own name.
• Enhanced Credibility: A Private Limited Company is often perceived as more credible and trustworthy by customers, suppliers, and investors.
• Easier Fundraising: It’s generally easier to raise capital through equity or debt financing as a registered company.
• Perpetual Existence: The company continues to exist even if shareholders change or pass away.

2. How many directors and shareholders are required to form a Private Limited Company?

• Minimum Directors: Two
• Maximum Directors: Fifteen
• Minimum Shareholders: Two
• Maximum Shareholders: Two hundred (except for One Person Companies)

3. What are the key steps involved in incorporating a Private Limited Company?

• Step 1: Obtain a Digital Signature Certificate (DSC): All directors must obtain DSCs to sign electronic documents.
• Step 2: Apply for a Director Identification Number (DIN): Every proposed director needs a DIN.
• Step 3: Reserve a Company Name: Apply for name approval through the MCA’s RUN (Reserve Unique Name) web service.
• Step 4: Draft the MOA and AOA: Prepare the Memorandum of Association (MOA) outlining the company’s objectives and the Articles of Association (AOA) outlining its internal rules.
• Step 5: File Incorporation Documents: File the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form along with the MOA, AOA, and other required documents with the Registrar of Companies (ROC).
• Step 6: Obtain the Certificate of Incorporation: Once the ROC approves your application, you will receive the Certificate of Incorporation, officially registering your company.

4. What is SPICe+ and how does it work?

SPICe+ is a simplified, integrated web form introduced by the MCA to streamline the company incorporation process. It combines multiple filings (name reservation, incorporation, DIN allotment, PAN & TAN application, etc.) into a single form.

5. What are the recent updates to the Companies Act, 2013, that I should be aware of?

The Companies Act is regularly amended. Some recent key changes include:

• Company Law Settlement Scheme, 2023: Offers companies an opportunity to rectify past defaults or non-compliances with certain provisions of the Act.
• Amendments to CSR Provisions: Changes in the rules for spending and reporting on Corporate Social Responsibility (CSR) activities.
• Relaxations for Startups: Various exemptions and simplified procedures have been introduced for startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).
• Increased Use of Technology: The MCA is increasingly moving towards digital processes, including e-filings, online company data access, and electronic signatures.

6. How can The CauseConnect Team help me with Private Limited Company incorporation and compliance?

We offer end-to-end support:

• Name Availability Check & Reservation: We guide you on choosing a suitable name and ensure its availability before you proceed.
• DIN & DSC Application: We assist directors with obtaining DINs and DSCs, essential for online filings.
• MOA & AOA Drafting: We draft customized and legally compliant MOA and AOA based on your business needs.
• SPICe+ Filing: We handle the entire incorporation process, including form preparation, document compilation, and online filing through SPICe+.
• Post-Incorporation Support: We assist with PAN, TAN, GST registration, and bank account opening.
• Ongoing Compliance: We provide annual compliance services, including AGM conduct, annual return filings, and secretarial support.

7. What are the benefits of choosing ?

• Expertise: Our team stays updated on the latest MCA regulations and compliance requirements.
• Accuracy & Efficiency: We ensure that all filings are accurate and timely, minimizing the risk of rejections or penalties.
• Time & Cost Savings: We handle the complex paperwork and legal formalities, freeing up your time and resources.
• Peace of Mind: We provide expert guidance, ensuring your company is incorporated and operating in full compliance with the law.

8. What are your fees?

We offer competitive pricing and transparent fee structures. Our fees are based on the complexity of the incorporation process and the specific services you require.

• Contact us for a free consultation and a personalized quote.

9. How do I get started with The CauseConnect Team?

Contact us today!

TSincerely,

The CauseConnect Team
+91 8076222021

 WhatsApp: https://wa.me/918076222021
causeconnect@trustngoprojects.org
https://trustngoprojects.org/ngo-support/ https://trustngoprojects.org/professionals-support/
Trustngo Projects and Innovation
310, Wadhwa Business Center, D-288-289/10, Laxmi Nagar, Delhi – 110092 India