Company registration
This query is : Resolved
17 March 2013
We are looking for a registration of Limited company in the name of India Housing Ltd. Is registration is possible with this name with the authorised capital of Rs. 500000. Pls also inform me the additional compliance and requirements in the case of Limited company registration pre and post registration.
Pls help us soon.....
Pls help us soon.....
19 March 2013
Pls help me soon. I am looking for ur advice.
19 July 2024
Yes, it is possible to register a company with the name "India Housing Ltd." provided it complies with the Companies Act, 2013 and the rules and regulations set by the Ministry of Corporate Affairs (MCA). Here are the steps and requirements for registering a limited company in India, along with pre-registration and post-registration compliance:
### Pre-Registration Requirements:
1. **Director Identification Number (DIN)**: Obtain DIN for all proposed directors. DIN can be obtained by filing Form DIR-3 online with the MCA.
2. **Digital Signature Certificate (DSC)**: Obtain DSC for at least one director. DSC is required for digitally signing the incorporation documents. DSC can be obtained from authorized certifying authorities.
3. **Name Approval**: Apply for name availability in Form INC-1. Check the availability of "India Housing Ltd." and reserve it if available. The name should not be similar to any existing company names.
4. **Memorandum of Association (MoA) and Articles of Association (AoA)**: Draft MoA and AoA specifying the objects and rules of the company. These documents are required to be filed with the MCA during incorporation.
5. **Registered Office**: Provide the address of the registered office of the company. This can be a residential or commercial address.
### Registration Process:
1. **Incorporation Application**: File Form INC-32 (SPICe - Simplified Proforma for Incorporating Company Electronically) along with Form INC-33 (MoA) and Form INC-34 (AoA). These forms can be filed online through the MCA portal.
2. **Payment of Fees**: Pay the prescribed registration fees based on the authorized capital of Rs. 500,000.
3. **Issue of Certificate of Incorporation**: Upon approval of the application and documents by the Registrar of Companies (RoC), the RoC will issue a Certificate of Incorporation (CoI). This document signifies the formation and existence of the company.
### Post-Registration Compliance:
1. **Opening of Bank Account**: Open a bank account in the name of the company using the CoI and other incorporation documents.
2. **Statutory Registrations**:
- **PAN**: Obtain Permanent Account Number (PAN) from the Income Tax Department.
- **TAN**: Obtain Tax Deduction and Collection Account Number (TAN) for deducting TDS (if applicable).
- **GST**: Register under Goods and Services Tax (GST) if the turnover exceeds the threshold limit.
3. **Share Certificates**: Issue share certificates to the shareholders within 2 months from the date of incorporation.
4. **Compliance Calendar**:
- Hold Annual General Meetings (AGMs) and file annual returns with the RoC.
- Maintain statutory registers and books of accounts as per the Companies Act, 2013.
- Comply with other regulatory requirements such as board meetings, resolutions, and filings with the MCA.
5. **Tax Compliance**: File income tax returns (ITR) annually and comply with other tax obligations.
### Additional Compliance:
- **Director's Report**: Prepare and file a director's report along with financial statements at the AGM.
- **Audit**: Get the accounts audited by a practicing chartered accountant as per the Companies Act, 2013.
- **Director's and Auditor's Appointment**: Ensure proper appointment and compliance with terms related to directors and auditors.
### Conclusion:
Registering a limited company involves several steps and compliance requirements both before and after incorporation. It is advisable to seek professional guidance from a chartered accountant or company secretary to ensure compliance with all legal and regulatory requirements throughout the process and subsequent operations of the company.
### Pre-Registration Requirements:
1. **Director Identification Number (DIN)**: Obtain DIN for all proposed directors. DIN can be obtained by filing Form DIR-3 online with the MCA.
2. **Digital Signature Certificate (DSC)**: Obtain DSC for at least one director. DSC is required for digitally signing the incorporation documents. DSC can be obtained from authorized certifying authorities.
3. **Name Approval**: Apply for name availability in Form INC-1. Check the availability of "India Housing Ltd." and reserve it if available. The name should not be similar to any existing company names.
4. **Memorandum of Association (MoA) and Articles of Association (AoA)**: Draft MoA and AoA specifying the objects and rules of the company. These documents are required to be filed with the MCA during incorporation.
5. **Registered Office**: Provide the address of the registered office of the company. This can be a residential or commercial address.
### Registration Process:
1. **Incorporation Application**: File Form INC-32 (SPICe - Simplified Proforma for Incorporating Company Electronically) along with Form INC-33 (MoA) and Form INC-34 (AoA). These forms can be filed online through the MCA portal.
2. **Payment of Fees**: Pay the prescribed registration fees based on the authorized capital of Rs. 500,000.
3. **Issue of Certificate of Incorporation**: Upon approval of the application and documents by the Registrar of Companies (RoC), the RoC will issue a Certificate of Incorporation (CoI). This document signifies the formation and existence of the company.
### Post-Registration Compliance:
1. **Opening of Bank Account**: Open a bank account in the name of the company using the CoI and other incorporation documents.
2. **Statutory Registrations**:
- **PAN**: Obtain Permanent Account Number (PAN) from the Income Tax Department.
- **TAN**: Obtain Tax Deduction and Collection Account Number (TAN) for deducting TDS (if applicable).
- **GST**: Register under Goods and Services Tax (GST) if the turnover exceeds the threshold limit.
3. **Share Certificates**: Issue share certificates to the shareholders within 2 months from the date of incorporation.
4. **Compliance Calendar**:
- Hold Annual General Meetings (AGMs) and file annual returns with the RoC.
- Maintain statutory registers and books of accounts as per the Companies Act, 2013.
- Comply with other regulatory requirements such as board meetings, resolutions, and filings with the MCA.
5. **Tax Compliance**: File income tax returns (ITR) annually and comply with other tax obligations.
### Additional Compliance:
- **Director's Report**: Prepare and file a director's report along with financial statements at the AGM.
- **Audit**: Get the accounts audited by a practicing chartered accountant as per the Companies Act, 2013.
- **Director's and Auditor's Appointment**: Ensure proper appointment and compliance with terms related to directors and auditors.
### Conclusion:
Registering a limited company involves several steps and compliance requirements both before and after incorporation. It is advisable to seek professional guidance from a chartered accountant or company secretary to ensure compliance with all legal and regulatory requirements throughout the process and subsequent operations of the company.
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