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Company Registration Cost in India

Company Registration Cost in India

Company registration cost depends on many factors like authorized capital, number of members and stamp duty as per the state. The cost is bifurcated into government and professional fees. The government fees depend on the stamp duty of the state. The professional fees depend on consultant. 

Your also need to pay the price of Digital Signature Certificate and name approval. Fees for name approval is charged by the MCA official portal and DSC is issued by the certifying authority.


Company Registration Cost in India for Private Companies

The cost for registering Private companies under the Companies Act, 2013 depend on many aspects. One of the major aspects is authorized share capital.  Currently, there is no minimum authorized share capital required for incorporating the company and now pvt ltd registration fees covered professional fees and othe miscellaneous expenses.  

The MCA platform has made online registration of companies quick and efficient. The time and fees required for incorporation have been reduced in India.

A Single Integrated SPICe+ Form for incorporation is used for the following:

  • Name approval 
  • Company Incorporation
  • DIN for directors
  • Application for PAN and TAN is made in the same form

The Ministry of Corporate Affairs has introduced ease of business by reducing the processes.

ROC Filing Fees Calculator for Private Companies

The amount of ROC filing fees for private limited companies for documents are as follows:

  • For a company with a nominal share capital of up to Rs. 1,00,000 is Rs. 200
  • For a company with a nominal share capital of up to Rs. 1,00,000 to Rs. 5,00,000 is Rs. 300
  • For a company with a nominal share capital of up to Rs. 5,00,000 to Rs. 25,00,000 is Rs. 400
  • For a company registration cost of the nominal share capital of up to Rs. 25,00,000 to Rs. 1,00,00,000 is Rs. 500
  • For a company with a nominal share capital of more than Rs. 1,00,00,000 is Rs. 600


Compliances For Private Companies

The MCA has specified the compliances to be made to the Registrar of Companies by the filing of the form, declarations, annual filing forms, etc.

The following are the list of compliances and company registration cost to be made in the defined timeline:

  • First Board Meeting

The first meeting of the board shall be held within 30 days of the incorporation of the company. The notice shall be given in writing and sent at least seven days before the meeting.

  • Disclosure of Interest of Directors

The director should disclose the interest in the first meeting of the board or when there is a change in disclosures. He/she shall disclose the interest in Form MBP-1 with any related party transactions with relatives or interest in a company, firm, or any form of association of individuals. The record of disclosures with company registration cost must be maintained by the company.

  • Subsequent Board Meetings

There must be four board meetings every year with a maximum of 120 days of the gap in consequent meetings.

  • Appointment of First Auditor

A company is required to file within 30 days of incorporation appointment of an auditor which shall be appointed till the conclusion of the first annual general meeting.

  • Annual General Meeting (AGM)

Every company shall hold an AGM on or before the 30th of September the working hours excluding a public holiday; whether in the registered office or a place within the city where the registered office is located. There must be a notice sent to the members with company registration cost for directors, and auditors, 21 days before the meeting is duly convened.

  • Filing of Financial Statements as well as Annual Returns

The company is required to file a Balance sheet with a profit and loss statement and board’s report within 30 days of conveying the Annual General Meeting.

  • Statutory Audit of Accounts

Every company must maintain the records of accounts and conduct an audit by a statutory auditor who must be a chartered accountant at the end of a financial year. The Auditor prepares an auditor report and reports the qualification in the same report and files it with the ROC.

  • Event-Based Compliances

The change in registered office in Form INC-22, change in directors or KMP in Form DIR-12, an increase in authorized capital in Form SH-7, filing of resolutions and agreements in Form MGT-14, change in borrowing by creating a charge in Form CHG-1, application for KYC of directors in Form DIR-3 KYC, Commencement of business in Form INC-20A.

Benefits of Company Registration Online in India

A company is registered under the Companies Act, 2013 and provides several advantages as follows:

  • It helps in building goodwill and customer attraction
  • It is more reliable by the bank, other financial institutions, and other investors
  • It provides a commitment to stability in the long-term
  • It increases the growth and expansion of the company
  • It protects the assets of the company with the responsibility
  • It protects against unseen future losses, damages, or personal obligations.

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A private limited has a simple process of registration with minimum requirements. It offers benefits for small and innovative businesses. The registration cost of companies has been reduced after the waiver of Pvt ltd company registration govt fees. At Online XBRL you will get the best solutions at affordable prices for registration of a company in India.