Company Registration in Chennai – Virtual Auditor

You have an idea and a business plan, and planning to do company registration in Chennai?

Great, there’s a big difference between having a great idea and transforming it into a successful startup company.

Do you know and have what it takes to form a start-up company?

If your answer is yes, then you need to know how to register your company and turn it into a startup company.

For those of you who have never started a business before, it can sound like an intimidating task.

We at Virtual auditor make company registration task and easy, and cost-effective for our clients in Chennai

Company Registration in India can be done through Virtual Auditor in all major cities, including Hyderabad, Mumbai, and New Delhi, Chennai, Kolkata & all other Indian cities.

The turn around time for company registration in Chennai is within 7 to 10 working days, subject to document availability.

Know why the private limited company is the best option, 5 Reasons why Private Limited company registration Is the best choice!

As an entrepreneur, you may not have much experience in business registration, but it is always good to have some knowledge. Here are some important things that you need to know.

There are many places in Chennai that offer registration of company in Chennai. However, the best place to go on the internet is Virtual auditors. There are many websites that will provide you with all the necessary information about these types of companies.

How to register your company in Chennai?

We encourage you to start your dream business and begin your journey to success, Now!

We at Virtual Auditor Specialize in Private Limited Company Registration, LLP Registration in Chennai, One Person Company(OPC) Registration in Chennai, GST registration, Trademark registration, Accounting Services and offer Tax Returns Fillings.

Mainly in the business, you need the 2 types of registration –

1.Business Registration
2.Tax registration

Types of Legal entity with Directors and Shareholders a guide

When you start company registration in Chennai, you may be a the tech or non-technical partners or single founders. Bangalore, being a start up hub and the investment capital of India

• Private limited company
• LLP (limited liability Partnership)
• One Person Company.

Types of Company registration 

1. One Person Company Registration
2. Private Limited Company Registration
3. Public Limited Company 
4. Limited liability Partnership 

One Person Company Registration

You are a single person and want to remain as a proprietor but want the benefit of a limited liability then choose One person company, Note you turnover should exceed 2 Crore is qualify as One person Company

• Choose One person limited if you need only a single shareholder
• A One person  company registration can have only 1 Shareholders and number of directors can be more than 1 without shareholding
• The government has removed the  minimum paid-up capital requirement for all companies (you can do a company registration even with Rs 100/- as capital)
• Shareholders appoint the board of directors who in turn operate the business
• The biggest advantage of forming a one-person company is its liability is limited to the extent of the paid-up share capital invested
• This works similar to a private limited with much lesser legal compliances.
• Appointment of the nominee is mandatory this to continue the business in case of director’s demise.
• Aone person company cannot exceed the turnover limit of Rs 2 Crores (OPC).
• In case turnover exceeds, OPC must Within a period of 180 days it should be converted as a private limited with a minimum of two directors and shareholders.

Private Limited Company Registration

• A Private limited company registration can be done with 2 directors who also act as shareholders

• The government has removed the  minimum paid-up capital requirement for all companies (you can do a company registration even with Rs 100/- as capital)

• Shareholders appoint the board of directors who in turn operate the business

• The biggest advantage of forming a private limited company is its liability is limited to the extent of the paid-up share capital invested

• Startups who intend to raise funds or capital from investor then private limited company registration is mandatory

PUBLIC LIMITED COMPANY REGISTRATION

• Choose Public limited if you need more shareholders and free transferability of shares
• A Public  limited company registration can be done with a minimum of 3 directors and 7 shareholders
• The government has removed the  minimum paid-up capital requirement for all companies (you can do a company registration even with Rs 100/- as capital)
• Shareholders appoint the board of directors who in turn operate the business
• The biggest advantage of forming a public limited company is its liability is limited to the extent of the paid-up share capital invested

Limited liability partnership (LLP)

• LLP registration can be done with 2 partners who also act as shareholders

• The government has removed the  minimum  capital requirement for all companies (you can do a company registration even with Rs 100/- as capital)

• Partners of the LLP will run  operate the business

• The biggest advantage of forming a LLP  is its liability is limited to the extent of the capital invested

• No partner is liable for misdeed or misconduct or any decision taken individually partner
• LLP has lower compliance than a private limited company

LLP is a new corporate body which is just an extended version of a partnership firm. Like a company LLP stands as a separate entity apart from its partners. An LLP requires a minimum of 2 designated partners. Anyone, who is a citizen of India and runs a business as per law can be registered as an LLP. No partner is liable for an independent misconduct of other partners. If the liability arises due to partner’s misconduct then the liability is unlimited. A statement of accounts should be filed in behalf of LLP every year.

Company Registration Procedure

• A Private limited company registration in Chennai can be done with 2 directors who also act as shareholders
• The government has removed the  minimum paid-up capital requirement for all companies (you can do a company registration even with Rs 100/- as capital)
• Shareholders appoint the board of directors who in turn operate the business
• The biggest advantage of forming a private limited company is its liability is limited to the extent of the paid-up share capital invested
• Startups who intend to raise funds or capital from investor then private limited company registration is mandatory.

Documents Required for Private limited company registration

• PAN CARD: Copy of Pan Card of All Directors
• Address Proof: Any one of the below-mentioned documents
  • Passport Copy of All directors,
  •  Voter Identity Card
  • Driving License
  • Aadhaar Card

Residential Proof: As required under Rule 16(2) of Company Incorporation Rules 2014, the residential proof must contain the name of the Director.

Care should be taken that that residence proof must not be older than two months. The following documents are only considered as residential proof any one of this document is compulsory :

• Bank Statement
• Electricity Bill
• Telephone Bill
• Mobile Bill

Step 1: Apply RUN ( Reserve Unique Name Form ) (Name Availability)

Step2: Obtain DSC and Form SPICE INC-32 (E Form used for Company Registration)

Step3: Drafting of MOA in SPICE INC – 33 and AOA In SPICE form company registration

Step4: PAN and TAN Application Along with Form SPICE INC -32 (E Form used for Company Registration)

Step5: After completion of the above-mentioned process of company registration, RoC

Step 6: Issues Certificate of Incorporation

Step 7: Apply for GST Registration , ESI PF Registration along with Company Registration in Chennai in The application for incorporation of a company under rule 38 shall be accompanied by e-form AGILE (lNC 35) containing an application for registration of the following numbers, namely.

WHAT IS COMPANY REGISTRATION IN CHENNAI COST?

The Cost of company registration in Chennai would cost around Rs 10,000 Rs which included company name , DSC , DIN and all other approvals

LOOKING FOR BEST COMPANY REGISTRATION CONSULTANTS IN CHENNAI?

virtual auditor is the best company registration consultants in chennai , For assistance on company registration contact virtual auditor on

Mobile 9962230333/ 9962260333 

Landline : 044 48560333

email: [email protected]

PROCESS AFTER COMPANY REGISTRATION 

Registered your company can you commence your business?

The short answer Yes!!

What other Registration you need to have

1. Register for GST
2. IE Code Registration ( Import Export Code Registration)
3. Registration under Shop and establishment act
4. Register for Professional Tax
5. PF , ESI , and much more

Virtual Auditor assists you in writing of your startup a success through the hassle-free Company registration process.

Wishing all the entrepreneurs doing their company registration in Chennai, all the very best for their business and corporate success.

For company incorporation online in chennai Your Experts Virtual Auditor is here to support you For any assistance on  company registration near me in Chennai  and Private Limited company registration in Chennai contact virtual Auditor support team at [email protected] or contact 99622 60333 and 99622 30333, we will help you with the process

For Support on private limited company registration in Bangalore please contact