Government Fee for Company Registration

 

Government Fee for Company Registration

The company is a popular choice for start-ups & businesses with higher growth aspirations to start up business in India. The company Pvt Ltd is registered under the Companies Act of 2013 and is guided by the MCA.

Required Documents for Company Registration:

• A copy of the directors’ PAN card.
• The Directors’ Passport Size Photo.
• Directors’ Aadhaar Card/Voter Identity Card
• Copy of the contract for rent (If rented property).
• Water bill for electricity (Business Place).
• Property documents copy (If owned property).
• NOC Landlord (Format will be provided).

Registration process for the company.

• Identification of the name.

The first step of the company incorporation is to determine the name of the company to be approved for MCA. Ideally, approval names should be unique and should be linked to the enterprise’s business activities.

• Apply for DSC and DPIN:

The following step in the start-up registration process is to apply for a digital signature and a DPIN. A digital signature is an online signature used for signing e-forms, and DPIN is the Registrar’s Director’s identification number.

• Submission of the MOA and AOA.

After the name has been approved, the Memorandum of Association and Articles of Association, which contain the company’s rules and rules and regulations that govern its activity, must be prepared. And both MOA and the AOA are submitted to the MCA along with the subscription statement for authentication and approval.

• Forms and documents should be prepared.

Fill out the application forms entirely, attach the required documents, get them verified by a professional, then file the form with the ROC and pay the fee.

• Obtain a certificate of incorporation.

The incorporation certificate is issued by the registrar after all of the paperwork is completed and deposited with the government. The certificate of incorporation contains important details about the business, such as the CIN number, the company’s name, and the date of incorporation.

• Submit an application for a bank account.

After receiving the incorporation certificate, you can send a copy of the certificate, as well as the MOA, AOA, and PAN, along with the bank’s account opening form, to open your bank account.

At a first quick look, if we see that Private Limited Company’s registration costs/fees seem to be very high. A lot of changing market enthusiasts do not want to start a private company even though they feel that there would be very massive costs and expenses for registration and operation of the Private Limited Company.

Registration fees for One Person and Small Companies according to nominal share capital are as follows: –

Nominal share capital	Registration fees
Limited to Rs 10,00,000	2,000
Rs 10,00,000 to Rs 50,00,000	Rs 2000. Rs.200 will be added for every increase of Rs. 10,000 of nominal share capital.
Rs 50,00,000 to Rs one crore	Rs 1,56,000. Rs.100 will be added for every increase of Rs. 10,000 of nominal share capital.
More than Rs one crore	Rs 2,06,000. Rs.75 will be added for every increase of Rs. 10,000 of nominal share capital subject to a maximum of Rs. 250 crore.

Registration fees for companies other than one person and small companies according to nominal share capital are as follows: –

Nominal share capital	Registration fees
limited to Rs. 1,00,000	Rs 5,000
Rs. 1,00,000 to Rs. 5,00,000	Rs. 5,000. Rs. 400 will be added for every increase of Rs. 10,000 of nominal share capital.
Rs. 5,00,000 to Rs. 50,00,000	Rs 21,000. Rs. 300 will be added for every increase of Rs. 10,000 of nominal share capital.
Rs. 50,00,000 to Rs. one crore	Rs 2,06,000. Rs. 100 will be added for every increase of Rs. 10,000 of nominal share capital.
More than Rs one crore	Rs 2,06,000. Rs. 75 will be added for every increase of Rs. 10,000 of nominal share capital subject to a maximum of Rs. 250 crores.

Registration fees for companies without share capital according to the members stated in MOA and AOA are as follows: –

Members	Registration fees
Limited to 20 members declared in MOA	Rs 2,000
20 to 200 members declared in MOA	Rs 5,000
Exceeds 200 members declared in MOA on the condition that the number of members stated in the AOA isn’t unlimited	Rs 5,000. Extra Rs 10 will be added for every member increase after the first 200, subject to a maximum of Rs 10,000.

Recording Fee for submitting the Documents with ROC

Companies with Share Capital recording fees for submitting the documents with ROC are as follows: –

Nominal share capital	Recording fees
limited to Rs 1,00,000	Rs 200
Rs 1,00,000 to Rs 5,00,000	Rs 300
Rs 5,00,000 to Rs 25,00,000	Rs 400
Rs 25,00,000 to Rs 1,00,00,000	Rs 500
More than Rs 1,00,00,000	Rs 600

The registration fee for companies without share capital is fixed at Rs 200.

Application fees paid to Central Government

Authorized share capital	Application fees
limited to Rs 25,00,000	Rs 1,000 in the case of OPC’s and Small Companies, and Rs 2000 in the case of other companies.
Rs 25,00,000 to Rs 50,00,000	Rs 2500 in the case of OPC’s and Small Companies, and Rs 5,000 in the case of other companies.
Rs 50,00,000 to Rs 10,00,00,000	No fee for OPC’s and Small Companies, and Rs 5,000 in case of other companies.
More than Rs 10,00,00,000	No fee for OPC’s and Small companies, and Rs 20,000 for other companies

Company Limited by Guarantee but without a Share Capital

OPC’s and Small Companies will not be charged any fee, and other companies will be levied with a fee of Rs 2,000.

Advantage of Company Registration 

Professional fees for each of the above-mentioned compliance requirements would be as per the consultancy firm fee structure.

The registration of a private limited company is one thing and the successful management of the company is the other altogether. The cost of registration for Private limited is one time, but after registration, there are a lot of compliances that would add to the fee/cost of Private Limited. The company’s registration in India.

Small Company – Revised Definition for Small Companies. 

Ministry of Corporate Affairs has increased paid-up share capital and turnover limit to qualify as a Small Company as defined U/s 2(85) of the Companies Act, 2013. Now,

• Paid-up share capital limit has been increased from Rupees 2 crores to rupees 4 crores* and
• Turnover limit from Rupees 20 crores to Rupees 40 crores

About www.carajput.com :  Rajput Jain and Associates, Chartered Accountants Firm is an inspired & progressive company run by like-minded persons. It helps a wide range of small, medium, and large enterprises to comply with all the prerequisites of the Indian Laws. Please contact us for a free discussion at singh@carajput.com or call 9555-555-480