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Company Registration

PRIVATE LIMITED COMPANY | PUBLIC LIMITED COMPANY | ONE PERSON COMPANY

Rs. 8999/-
ONE PERSON COMPANY
What you get
  • 1 Digital Signature
  • 1 DIN
  • 5 Copies (MOA + AOA)
  • PAN Card + TAN Card
  • Authorized Capital: 10,00,000
  • COI
Rs. 11299/-
PUBLIC LIMIETD COMPANY
What you get
  • 3 Digital Signature
  • 3 DIN
  • 5 Copies (MOA + AOA)
  • PAN Card + TAN Card
  • Authorized Capital: 10,00,000
  • COI

How much time will it take?

9-10 Days



Obtaining DSC of All the Subscribers (1 working day)

Reservation of Name (2 to 3 working days)

Filing of Incorporation Documents ( Form INC 32, Form INC 33 E-MOA and Form INC 34 E-AOA) (2 working days provided all the documents and payment is received)

Issue of Incorporation Certificate (3 working days from the date of filing of incorporation documents)

Note: Above mentioned time is tentative and standard. In actual above mentioned time may vary depending on the processing of documents by official of Ministry of Corporate Affairs.

ONE PERSON COMPANY

Section 2(62) of the Companies Act, 2013 ( "Act" ) defines OPC as a company which has only one person as a member. OPC can be registered only as a private company which means that all the provisions applicable to private company will be applicable to an OPC, unless otherwise expressly excluded in the Act or rules made thereunder.

Advantages

  • Only one person can form One Person Company
  • Separate Legal Entity
  • Limited Liability
  • Continued Existence unlike Sole Proprietorship
  • Preferred by Banks and Financial Institutions
  • Corporate Body Status
  • Eligible to be registered as Startup

Features

  • One person company name should have word OPC for example ABC (OPC) Private Limited
  • One person can be member and director to form an OPC
  • In one person company number of member is limited to one, but there can be more than one director who is not a shareholder.
  • Maximum turnover for a person can be Rs. 2 crore.
  • One Person company can be converted into Private Limited Company or Public Limited Company
  • To form a one person company consent of nominee is required. Nominee give consent to act as member and/or director of the company in case of death, incapacity to contract or insolvency of existing member.
  • Individual can act as member of only one OPC at a time.

Frequently Asked Questions



Answer

In case of One Person Company number of members is limited to one only.

Answer

Minimum Authorized share capital should be Rs. 1 Lakh and maximum authorized share capital can be Rs. 50 Lakhs. Paid-up share capital can be any amount but can not exceed authorized share capital.

Answer

Authorized Share capital can be increased any time after incorporation provided cannot exceed maximum limit i.e. Rs. 50 Lakhs.

Answer

Minimum number of directors should be One and maximum can be 15.

Answer

Member can be individual.

Answer

No. Package amount includes all the fee and charges, no additional amount is demand any point of time.

Answer

Our attempt is to made entire process online no hard copy is required unless it become mandatory for the processing of the incorporation forms.

Answer

Registered office means a premises at which all the statutory registers are kept for inspection by members or government official and all correspondence is done. Registered office can be home, shop or any other premises owned by any of the director, taken on rent by any of the director or owned by the parents/guardian of director.

Answer

Registered office can be changed after incorporation with in the local limit of the city, within same state or from one state to another state.

Answer

Every individual who is willing to work as Director should have DIN. DIN is mandatory for every director. One individual is allotted only one DIN. Through One DIN you can be appointed as director in more than one company.

Answer

Yes. OPC can be converted into Private Limited Company or Public Limited Company in any of the following case:
Voluntary: OPC can convert into Private Limited or Public Limited if it find beneficial to do so provided two years has been lapsed since incorporation.
Mandatory: If paid up share capital exceeds Rs. 50 lakhs or average turnover of three financial years exceeds Rs. 2 crore, OPC has to be convert into Private Limited or Public Limited.

PRIVATE LIMITED COMPANY

A Private limited company is a type of privately held business entity which is most famous corporate entity amongst small, medium and large businesses in India due to its long list of merits.

For the incorporation of a private limited at least 2 directors are mandatory. So, Foreign nationals, NRIs, foreign corporate entities are allowed to be a part of the company( As a director, shareholder or both) with foreign direct investment. There is a limit to number of directors in private limited which cannot go beyond 15. Minimum number of shareholders in a private limited should be 2 for its incorporation whereas maximum limit is 200.

In India , Private limited company registration is controlled by the Ministry of Corporate Affairs, Companies Act, 2013 and The Companies Incorporation Rules 2014. Private Limited Company is the most attracted option for various type of businesses amongst which Start-ups top the list due to its long list of advantages.

Advantages

  • Separate Legal Entity
  • Limited Liability
  • Continued Existence unlike Partnership Firm and Sole Proprietorship
  • Preferred by Banks and Financial Institutions
  • Can expand to any limit as there in no limit on maximum capital and maximum numbers of members can be 200
  • A director can be a Shareholder too
  • Corporate Body Status
  • Eligible to be registered as Startup

Features

  • Even in case of death, bankruptcy or insolvency of any of the members, the company does not dissolves rather keeps on existing in the eyes of the law.
  • It is necessary for all private companies to use Private Limited in suffix of the company's name.
  • In a Private limited there is no need to issue a prospectus as it does not invite people to subscribe to its shares.
  • If a company goes under loss in any circumstances, then shareholders can sell their own assets for payment, thus preventing personal or individual assets from any risk.
  • It is not mandatory to have a proper office address to incorporate a Private Limited. It is possible to register a residential address as a registered office address for your business with Ministry of Corporate Affairs.
  • There is no minimum requirement for Paid-up share capital, but it is mandatory for each shareholder to hold for at least one share.
  • A Private Limited may be struck off from the records of ROC , if the company has not begun any business within a period of 1 year from the date of incorporation or if the company has not compiled with annual filing compliance.

Frequently Asked Questions



Answer

Minimum numbers of members should be 2 and it can be extended to 200 excluding employees of the company.

Answer

Minimum Authorized share capital should be Rs. 1 Lakh. There is no limit on maximum authorized share capital. Paid-up share capital can be any amount but can not exceed authorized share capital.

Answer

Authorized Share capital can be increased any time after incorporation.

Answer

Minimum number of directors should be Two and maximum can be 15. To increase number of Directors beyond 15 Central Government Approval is required.

Answer

Member can be individual/ any corporate body, Foreigner, NRI.

Answer

No. Package amount includes all the fee and charges, no additional amount is demand any point of time.

Answer

Our attempt is to made entire process online no hard copy is required unless it become mandatory for the processing of the incorporation forms.

Answer

Registered office means a premises at which all the statutory registers are kept for inspection by members or government official and all correspondence is done. Registered office can be home, shop or any other premises owned by any of the director, taken on rent by any of the director or owned by the parents/guardian of director.

Answer

Registered office can be changed after incorporation with in the local limit of the city, within same state or from one state to another state.

Answer

Shares can be issued to maximum number of 200 persons. Private Limited Company can not issue share to public.

Answer

Every individual who is willing to work as Director should have DIN. DIN is mandatory for every director. One individual is allotted only one DIN. Through One DIN you can be appointed as director in more than one company.

Answer

Yes. Private Limited Company can be converted into Public Limited Company or LLP as per your requirement.

Answer

New director can be added to the existing Board of Director with the approval of board of director. Any existing director can resign from the directorship of the company any point of time provided minimum limit of director is maintained.

PUBLIC LIMITED COMPANY

A Public Limited Company (or PLC) can be best defined as a legal destination of a Limited Liability Company whose shares can be freely sold and traded to the public. A Public Limited is governed under the Indian Companies Act 2013.

Advantages

  • Separate Legal Entity
  • Unity of Direction
  • Efficient management
  • Limited Liability
  • Continued existence unlike Partnership firm and Sole Proprietorship
  • Capital investment is not bound to any limits
  • No limit on maximum number of members
  • Corporate Body Status
  • Shares of a PLC are freely transferable
  • Eligible to be registered as a startup
  • Can rise and shine to any limits

Features

  • It is necessary to have at least 7 members for the registration of a Public LImited but there is no bar on the number of maximum numbers.
  • Minimum number of directors in Public Limited Company is 3 and maximum is 15.
  • Minimum Authorized Share Capital for Public Limited Company is Rs. 500000/-, there is no limit on maximum capital.
  • Capital for a PLC is collected by selling its shares and the buyers of those shares are known as members and the amount thus collected is called as Share Capital.
  • Shares of a PLC can be freely transferred and that too without any prior consent of other shareholder or without any notice to the company.
  • A PLC ensures separation of ownership and management as the shareholders of the company do not have any right to participate in various management related activities of the company.
  • All decision making rights resides with the Board of Directors and all policy decisions are made at the board level by the majority level, thus ensuring Unity Of Direction.
  • A PLC is not affected by the death, retirement or liquidation of any shareholder.

Frequently Asked Questions



Answer

Minimum numbers of members should be 3 and there is no limit on the maximum number of members.

Answer

Minimum Authorized share capital should be Rs. 5 Lakh. There is no limit on maximum authorized share capital. Paid-up share capital can be any amount but can not exceed authorized share capital.

Answer

Minimum number of directors should be 3 and maximum can be 15. To increase number of Directors beyond 15 Central Government Approval is required.

Answer

Yes. Public limited company is eligible to issue shares to public without upper limit on the number of members.

Documents Required

Photograph

Latest passport size photograph.

Directors PAN

Scanned copy of PAN Card of all directors.

ID Proof

Scanned copy of Voter ID/ Passport/ Driving License.

Directors Address Proof

Latest Bank statement/ Utility bill in the name of director which should not be older than 2 months.

Company Address Proof

No Objection Certificate (NOC) from the owner, Utility bill (should not be older than two months) and Notarized Rent agreement (in case of rented property)/ Registry Proof or House Tax Receipt (in case of owned property).

Get Your Dream Registered

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Contact Us

Quick Biz Online, 95, Saraswati Mandir, Surajkund Road, Meerut, U.P, INDIA-250001

+91 6395-7467-84

info@quickbizonline.com