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Company Registration in Gurgaon

Company Registration in Gurgaon is not tough when you have the best consultants. Get your Company Formation in Gurgaon, Company registration in Gurgaon. Contact us + 91 98101 58561

Company incorporation services in India

Company incorporation services in India is not tough when you have the best consultants.Get the lowest price. To Know more about process of Company incorporation services in India. Contact us + 91 98101 58561

Company Formation services in India

Company Formation services in India has gained significant momentum in recent years due to the country's robust economy, favorable business environment, and a growing startup ecosystem. With numerous opportunities and a dynamic market, entrepreneurs and investors from around the world are increasingly turning to India for company incorporation. When it comes to choosing a reliable and efficient partner for company formation, Company Formation India emerges as the leading service provider. Offering a comprehensive suite of services tailored to meet the specific needs of businesses, Company Formation India has established itself as the go-to destination for hassle-free and successful company formation in the country.

Expertise and Experience: Company Formation India boasts an extensive team of highly skilled professionals with deep expertise and experience in the field of company formation. They possess a thorough understanding of the legal and regulatory frameworks governing company incorporation in India. This enables them to provide accurate guidance and assistance at every step of the process, ensuring that clients' businesses comply with all necessary requirements. Whether it's registering a private limited company, a public limited company, or a limited liability partnership (LLP), Company Formation India possesses the knowledge and skills to handle the intricacies of each business structure.

Comprehensive Range of Services: Recognizing that every business has unique requirements, Company Formation India offers a wide range of services to cater to diverse client needs. From initial consultation and business planning to company registration, tax registration, and compliance management, they cover every aspect of the company formation process. Their services encompass assistance with obtaining necessary licenses and permits, drafting legal documents, opening bank accounts, and even providing virtual office solutions. By providing end-to-end services, Company Formation India eliminates the need for entrepreneurs to navigate the complexities of company formation alone, ensuring a smooth and efficient process.

Legal Compliance and Documentation: One of the most critical aspects of company formation is complying with the legal and regulatory requirements of the Indian government. Failure to adhere to these norms can lead to complications, penalties, and potential business disruptions. With Company Formation India, clients can rest assured that their company formation process will be handled meticulously and in compliance with all legal requirements. The team ensures that all necessary documents, such as Memorandum and Articles of Association, director identification numbers, and digital signatures, are prepared accurately and submitted on time, reducing the risk of delays or rejections.

Customer-Centric Approach: Company Formation services in India places utmost importance on customer satisfaction and aims to provide an exceptional experience to clients throughout their company formation journey. Their customer-centric approach involves understanding the unique goals and requirements of each client and tailoring their services accordingly. They offer transparent pricing structures, ensuring no hidden costs, and maintain open lines of communication to keep clients informed and updated at every stage of the process. This commitment to customer service has earned them a reputation for reliability and excellence in the industry.

Company incorporation in India

Company incorporation in India is not tough when you have the best consultants.Get the lowest price. To Know more about process of Company incorporation in India. Contact us + 91 98101 58561

Company formation in Gurgaon

Company formation in Gurgaon is not tough when you have the best consultants.Get the lowest price. To Know more about process of Company Formation in Gurgaon. Contact us + 91 98101 58561

Foreign Company Registration in India | Foreign Company Formation in India |Foreign Company Incorporation in India .

We assist NRI's in Foreign Company registration in India. It helps to people for their Foreign Company formation in India ,registration of foreign companies.

Company Formation in Delhi

"We provides services like Company Registration, Incorporation, Formation in Delhi, Gurgaon, India. Get the lowest price. To Know more about process of Company Formation in India .

Have you ever seen food shops being vacant? Even a small tea shop flourishes and increases incredible response from people. Yes! Food always gets more courtesy than expected. If you are forecasting to do a business, you can very well start with the food business. No food business can be begun unless a valid license for food is attained, therefore, it becomes vital to get a license.

The process is mentioned below to do the same:

STEP 1 – Filling Application Form B Whether you are looking to get a new license or renew the existing one, the application form leftovers the same. According to the Food Safety and Standards (Licensing and Registration of Food Businesses), Regulations 2011, you require to fill out the application form B. Read the directions carefully and fill out the form.

STEP 2 – Required Documents After filling out the application form, you have to attach the following documents:

A self-attested declaration as per in the format of Annexure-1

Copies of documents required in Annexure-2 of the Regulations.

Fees prescribed in Schedule 3 are dependent upon the category your food business falls in.

Direct these documents along with the filled application form to the Licensing Authority whether to State or Central. In case, if they need any additional information, you will be informed within 15 days from the time you apply. Accordingly, you require to submit your application according to the time period revealed.

STEP 3 – Application ID number When the completed application has been received by the authority, you will get an Application ID number. This number will be supportive in all your future references to communicate with you and the Licensing Authority.

STEP 4 – Inspection by the Authority According to the Food Safety and Standard Authority regulation of India, once you get the ID number, you can suppose an inspection that will be carried out by the Licensing Authority to the grounds where the business is likely to get opened. The inspection officer may check and guide you through obligatory steps to be taken or changes to be made in your locations to ensure general sanitary and hygienic conditions. Within the time period mentioned by the Licensing Authority, you need to carry out the required fluctuations. After 30 days from the inspection time period, the concerned Licensing Authority shall deliberate the application and either may grant a license or reject the application.

STEP 5 – Issue of License When all the procedures are done and cleared and if the licensing authority has decided to provide you with a food license, then it will be allotted in Format C beneath Schedule 2 of the Food Safety and Standard Authority of regulation. It is prudent to display a true copy of the license issued within your business sites.

Online method The entire process can be completed via an online medium as well. Fill out the details 00 online forms which can be found on the Food Safety and Standard Authority website. You will obtain a unique reference ID for the application. After receiving the reference ID take out a print of the ‘Acknowledgment’ and ‘Online Application Form’ and submit the fee and attach supported required documents. Submit your application to the State Authority or Regional Office of Food Safety and Standards Authority of India, within 15 days from the date of online submission of the application.

These steps will definitely guide you through attaining a food license for your business. If you want help, you can approach Food License Consultant.

Collectors Told to Enforce New Rules on Hotel Service Charge

The Central Consumer Protection Authority (CCPA) has focused on district collectors to confirm enforcement of guidelines issued in regard to service charges by hotels and restaurants. On receiving grievances, the district collectors have been directed to inspect and submit the report to the CCPA within 15 days.

The CCPA has also printed to chief secretaries of all states and district collectors across India to establish wide publicity of the guidelines along with its immediate implementation for fortification of consumer interest, the department of consumer affairs (DMCA) held in a note.

Last week, CCPA ordered restaurants and hotels to evidently inform consumers that service charge is voluntary, optional, and at the consumer’s decision, and they can also not restrict entry or disagree services based on a collection of service charge. ,” the guidelines stated that “Service charge should not be collected by calculating it along with the food bill and imposing GST on the total amount.

All about Nidhi Company Registration

Nidhi Company is the most popular form for giving loans to its member and accepts deposits from its members. Its main objective is to lend and borrow money amongst its members and to cultivate the habit of savings amongst its members. Nidhi Company is governed by the Provision of Companies Act, 2013 and Nidhi rules 2014.

It provides loans and accepts Deposits you have to register. Nidhi Company is referred to as one of the kinds of NBFC. It is also called a mutual benefit company. But no RBI approval is required to incorporate a Nidhi company as it is the exempted category Nidhi Company will always be a public limited company and its name should end with ‘Nidhi Limited’, Presently Nidhi Company becomes very popular for lending business.

How to Register a Nidhi Company? • Application for Approval of name. • Preparations and drafting of Incorporation documents. • Application for incorporation of Nidhi company with ROC • Signing of Incorporation documents. • Obtaining DSC for all members and directors.

Nidhi Company Registration: 1) Instant access to Nidhi software and compliances. 2) Lowest cost across India. 3) It takes 10 or 15 days for Nidhi Company Registration.

Documents Required for Nidhi Company Registration: • PAN • Address Proof • Registered Office • Id Proof • Passport Photo • Latest Bank Passbook/Statement of Electricity/Broadband bill

Benefits of Nidhi Company: Simple Formation of Nidhi Company: • The formation Of the Nidhi Company is a very easy process. • It requires only 7 members out of which 3 members would be the directors. • Nidhi Company does not require obtaining a license from RBI. • The documents of required registration are very less. • It takes hardly 10 or 15 days to get registered.

Limited RBI registration: • There would be the least intervention of RBI. • Nidhi Companies are exempted from main provisions otherwise applicable to be an NBFC in India. • These Companies follow Nidhi Rules 2014 issued by the center in respect of the activity and working of the Company.

Benefits of member: • It works with the objective of increasing the savings of its member. • Easy to make donations and get loans from the Company. • Loan is given at a lower rate. • The risk of non-payment is less than the other finance business.

Restrictions on Nidhi Company: • The period of repayment of the loan should not exceed one year. • Only secured loans can be given i.e. insecurity of any gold, silver, or any other valuable jewel. • Nidhi Company cannot do any chit fund activity, hire purchase, and lease financial activities. Nidhi Company cannot lend or borrow money from any person other than its members. • It’s not allowed for Nidhi Company to issue preference shares, debentures, or any debt instruments. • Minimum paid-up capital requirement is Rs 5,00,000

Updated Return under Income Tax Act

Updated Income Tax Return Filing

Finally, the provision of filing an updated Income Tax Return has been presented in Income Tax with effect from 01.04.2022. An assessee, whether he has filed or not, an income tax return (whether it be the original return, the delayed return of the revised return), may now provide an updated return of income, within two years from the end of the applicable assessment year. For e.g.: For the AY 2022-23 (i.e. Financial Year 2021-22), the updated return could be filed up to 31st March 2025. The updated return can be also fitted out only once for an assessment year. Though the updated return cannot be filed, if it:

a) is a return of loss or b) has the outcome of decreasing the tax liability determined as per previously filed return or c) grades in a refund or increases the refund determined as per previously filed return

Who cannot file an updated return A person will not be entitled to file an updated return for the applicable assessment year and any year preceding that, if in the relevant previous year –

a) a search or survey has been initiated/ directed against him or b) books of accounts/other documents/ any assets are requested or c) a notice has been issued to the effect that any asset detained or requisitioned in the case of any other person, belongs to him or d) a notice has been allotted to the effect that any books of account or documents, seized or requisitioned in the case of any other person, relates/pertains to him For e.g.: If the search has been originated against the person in FY 2022-23, then the updated return cannot be filed for the relevant AY 2023-24 or any former assessment year.

The updated return cannot be filed for the year in respect of: a) which has any assessment/reassessment/re-computation/revision of income is incomplete or has been completed b) which has hearing chronicles have been initiated c) the assessing officer has any information about the assessee, under double taxation avoidance agreements or under the following Acts, which has already been transferred to him, prior to the filing of such return – i. The Smugglers and Foreign Exchange Schemers (Forfeit of Property) Act, 1976 ii. The Ban of Benami Property Transactions Act, 1988 iii. The Prevention of Money-laundering Act, 2002 iv. The Black Money (Unnamed Foreign Income and Assets) and Nuisance of Tax Act, 2015

The circumstance where the filing of updated return is mandatory for succeeding years too If any person has formally filed a return of loss for any previous year, duly within the time allowed for filing the original return, then he shall be permitted to provide an updated return, if the updated return is a return of income, irrespective of the time limit of two years from the end of the relevant assessment year. However, in such a case, the assessee will have to deliver an updated return for each subsequent previous year, if a) such loss or even the unabsorbed reduction has been carried forward or b) tax credit in respect of tax paid on supposed income relating to certain companies or tax credit for substitute minimum tax is to be condensed as a significance of filing the updated return.

Tax on Updated Return The taxation norms in case of an updated return would though be somewhere different from the normal income tax return. The assessee will have to pay an “additional income tax” along with the tax and interest figured to be payable if filing an updated return.

Additional Income-Tax The additional income-tax due in case of an updated return shall be equal to – I. 25% of the aggregate tax and interest payable, if the updated return is furnished after the expiry of time offered for filing the belated return of the revised return but before the completion of twelve months from the end of the pertinent assessment year. II. 50% of the collective tax and interest payable, if the updated return is furnished after the expiry of twelve months but before the completion of twenty-four months from the end of the applicable assessment year. Also, the proof of payment of tax, additional income tax, interest, and fee shall attend such return.

Conclusion: At this, one may accomplish that the introduction of a provision for filing an updated return would result in escaping litigation to a good extent. If any income has been left to be reported by the assessee in the return initially filed or the revised return, then the updated return results in an opportunity to rectify such a mistake. Otherwise, assessment chronicles would have been initiated against him, which the assessee always wants to avoid, as he will have to sustain the consulting fees of professionals for responding to the proceedings and then will pay the tax on that income at the conclusion of such proceedings.

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Company Incorporation Services In India

What is the procedure for Incorporation of Company in India? Know the Step by Step Process

Under the New Companies Act 2013, the Ministry of Corporate Affairs has mandated the procedure for the incorporation of company in India.

In this article, we will discuss the step-by-step process and required documents for the incorporation of company in India.

There are two sectors of companies i.e. Public and Private.

In this article, we will emphasis on private company incorporation, as per the new Companies Act 2013.

Besides the required documents, we will also discuss about private limited company registration fees and director’s identification number meaning, which is baffling for new business owners.

Step by Step Process for Incorporation of Company in India

Step 1: Reservation of Company’s Name Under RUN or Spice

The initial and prime footstep in the company registration process is preserving the name of the company.

There are two methods to do this: RUN and Spice. RUN or Reserve Unique Name is a online form on the website of the Ministry of Corporate Affairs, wherein aspirants can checked if their new company name is existing or not and then can apply for a required name for the company.

The aspirants must provide two names in privileged order and then must follow all the norms of the naming convention.

Once MCA approves a company name, it’s reserved for 20 days within which the applicant must complete all the residual steps vital for company registration. You may visit the RUN web service by the Ministry of Corporate Affairs.

Ministry of Corporate Affairs checks three major factors while approving the company name:

1. The name should be exclusive, and no another company whether public or private should be using that name.

2. The name should not be violent.

3. The name should not give an imprint that it’s linked with the government.

By filling of the Spice-32 form is another way to settle the name, but you can opt only one option and if, it’s rejected, you will need to do again all documentation.

The applicant must also decide the names of the Directors of the company. In a private limited company, at least two names of the Directors are to be provided.

Step 2: Procuring Digital Signature Certificate

After the company name has been approved by Ministry of Corporate Affairs and registered, then the next step is procuring a Digital Signature Certificate of your private limited company.

Digital Signature Certificate is a arrangement of a digital key, which contains all the vital information about the registered signatory like authorized person name, address, email, phone number, and the authority which has provided the certificate.

Digital Signature for a registered company permits the authorized signatory to prove its identity and sign the documents electronically. For E-Filing, Digital Signature’s Certificate is a mandatory prerequisite.

Step 3: Applying for Director Identification Number or DIN

DIN or Director Identification Number is the Unique Identification Number for Directors of a registered company. Once Director Identification Number is approved, only then corporation documents can be filed under Registrar Form No.-DIR-3.

Note: Here, that the name approval process for the company can be filed before applying for Directors Identification Number (DIN), and there is a fee of Rs 500 is applicable for this process, and it may take seven days for DIN to be activated and approved.

Step 4: Writing Memorandum of Association (MOA)

Under the Section-4(6) of The Companies Act, 2013, Memorandum of Association or MOA must be in a respective form mentioned in a Table A, B, C, D and E of Schedule-I.

MOA is similar to the Constitution of the Company. It will highlight all the fundamental info about the company, its directors’, stakeholders and their relationship with the company. The objective of the company, liabilities associated, the state in which the company is functioning, and other related information are presented in this document.

Step 5: Writing Articles of Association (AOA)

Articles of Association or AOA is the article that procures the purpose of the company, how its business will run and how its Directors have been appointed and much more.

Step 6: Application for the Incorporation of Company

Once all these documents are arranged and finalized, the applicant may file for the incorporation of the company and under Section 7 of the Companies Act 2013, the application requests to be filed with the registrar under whose jurisdiction the company’s address is sited.

The application for company’s registration can be done thru e-Form (Simplified Proforma for Incorporating a Company Electronically) accompanied by SPICe MOA and AOA.

Once the outstanding procedures are completed, the Registrar of Companies grants a Certificate of Incorporation, which is the best evidence of the company’s existence.

The certificate of incorporation of a private limited company has under mentioned three critical information:

1. Company Identification Number (CIN)

2. Permanent Account Number (PAN)

3. Director Identification Number (DIN)

The list of documents required for the incorporation of company includes an Aadhaar Card, PAN Card, Address Proof, Digital Signature Certificate attested by the aspirants.

Private Limited Company’s Registration Fees

Private Limited Company’s Registration cost is zero if, the company is small. In 2019, the Government of India abandoned off the registration fees for new companies which are incorporating under the private limited category. This abandonment of registration fees is applicable only for those private limited companies whose authorized capital is less than Rs 15 lakh. Only stamp duty requires to be paid in such a case. However, small companies availing fee abandonments for registration cannot raise any capital till one year. Registration fees for a private limited company having more than Rs 15 lakh capital and less than Rs 50 lakh capital are Rs 2000. In case, if it is not a small company, then registration fees are Rs 36,000. Don’t get dazed when it comes to considerate the procedure for the incorporation of company in India! We at () are here to provide you with expert guidance and mentorship.

Accountant in India

Monetary tasks including an organization's records or other cash-related issues require explicit consideration, particularly while working in India as an outsider. An expert's help can likewise support understanding how the tax collection framework in this nation works.

Anything that type of monetary exchange you wish to finish, an accountant in India is one of the experts you'll need to depend on.

Our India organization development specialists team up with qualified bookkeeping experts to offer complete types of assistance to the neighborhood and global financial backers and entrepreneurs, and we welcome you to look further into a portion of these administrations underneath.

If you have any desire to know how to shape an organization in India, the least complex response is that the methodology is equivalent to what it is in some other regions of the planet, and it involves setting up the records on which the Companies Register will give the business' Certificate of Registration, as well as getting the necessary duty enlistment and GST number, as well as applying for the expected permit to operate or allow, contingent upon the area of movement of your business.

Our organization development specialists will deal with the joining system, while our Indian bookkeeper will deal with the duty and GST enrollment processes, permitting you to start tasks straight away.

Getting an expense number suggests recording the organization's enlistment papers with the Central Board of Direct Taxes in India.

As per Section 44, businesses and professionals are required to take care of the Books of Accounts under Section 44AA, once they fulfil certain criteria and obtain them audited under Section 44AB in every fiscal year for the aim of tax .

COMPANY INCORPORATION SERVICES IN INDIA

Under the New Companies Act 2013, the Ministry of Corporate Affairs has ordered the strategy for the consolidation of organizations in India. In this article, we will examine the bit-by-bit process and required archives for the consolidation of organizations in India. There are two areas of organizations example Public and Private. In this article, we will accentuate privately owned businesses joining, according to the new Companies Act 2013. Other than the expected archives, we will likewise examine private restricted organization enrollment expenses and the chief's ID number significance, which is bewildering for new entrepreneurs

Private Limited Company's Registration cost is zero if, the organization is little. In 2019, the Government of India deserted the enrollment charges for new organizations which are consolidating under the private restricted class. This relinquishment of enrollment charges is pertinent just for those private restricted organizations whose approved capital is not as much as Rs 15 lakh. Just stamp obligation expects to be paid in such a case. Be that as it may, little organizations benefiting from expense abandonment for enrollment can't raise any capital till one year. Enrollment charges for a private restricted organization having more than Rs 15 lakh capital and not as much as Rs 50 lakh capital are Rs 2000. On the off chance that, on the off chance that it's anything but a little organization, then enlistment expenses are Rs 36,000. Try not to get shocked with regards to circumspect the system for the consolidation of organization in India! We at Company arrangement India are here to furnish you with master direction and mentorship.

We provide extensive services for setting up a Private Limited Company Formation in India. We follow well defined service plan and are supported by professionals holding rich industry experience. Incorporation of Company in India includes Private Ltd. Incorporation Company Registration India. Moreover, we also emphasize on every detail while maintaining close proximity with clients regarding best legal advice.

Private Ltd. formation in India is the most prevalent and popular sort of corporate legal entity in India. Private Ltd. registration is governed by the businesses Act, 2013 and the Companies (Incorporation) Rules, 2014.

To register a personal Ltd., a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a company legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a corporation with Foreign Direct Investment, making it the well-liked choice of entity for foreign promoters.

Our team of strategic professionals provide our clients with one stop solutions for Company Formation in India, Business Advisory and legal services in India and all parts of the world. The organization’s aim is to serve all our clients with the best quality of service in Business Consultancy and Advisory, wherein we cater to tailor made requirements at best competitive prices, which makes us different from the rest.

All about Nidhi Company Registration

Nidhi Company is most popular form for giving loan to its member and accepts deposits from its members. Its main objective is to lend and borrow money amongst its members and to cultivate the habit of savings amongst its members. Nidhi Company is governed by the Provision of Companies Act, 2013 and Nidhi rules 2014.

It providing loan and accepting Deposits you have to register. Nidhi Company is referred to as one of the kinds of NBFC. It is also called mutual benefit company. But no RBI approval is required to incorporate a Nidhi company as it is the exempted category Nidhi Company will always be public limited company and its name should end with ‘Nidhi Limited’, Presently Nidhi Company is become very popular for lending business.

How to Register a Nidhi Company? • Application for Approval of name. • Preparations and drafting of Incorporation documents. • Application for incorporation of Nidhi company with ROC • Signing of Incorporation documents. • Obtaining DSC for all member and director.

Nidhi Company Registration: 1) Instant access to Nidhi software and compliances. 2) Lowes t cost across India. 3) It takes 10 or 15 days for Nidhi Company Registration.

Documents Required for Nidhi Company Registration: • PAN • Address Proof • Registered Office • Id Proof • Passport Photo • Latest Bank Passbook/Statement of Electricity/Broadband bill

Benefits of Nidhi Company: Simple Formation of Nidhi Company: • The formation Of Nidhi Company is very easy process. • It requires only 7 members out of which 3 members would be the directors. • Nidhi Company does not require obtaining a license from RBI. • The documents of required registration are very less. • It takes hardly 10 or 15 days to get registered.

Limited RBI registration: • There would be least intervention of RBI. • Nidhi Companies are exempted from main provisions otherwise applicable to be an NBFC in India. • These Companies follow Nidhi Rules 2014 issued by the center in respect of activity and working of Company.

Benefits of member: • It works with the objective of increasing saving of its member. • Easy to make donations and get loans from the Company. • Loan given at Lower rate. • The risk of non-payment is less than the other finance business.

Restrictions on Nidhi Company: • The period of repayment of the loan should not exceed one year. • Only secured loans can be given i.e. insecurity of any gold, silver, or any other valuable jewel. • Nidhi Company cannot do any chit fund activity, hire purchase, and lease financial activities. Nidhi Company cannot lend or borrow money from any person other than its members. • It’s not allowed for Nidhi Company to issue preference shares, debentures, or any debt instruments. • Minimum paid-up capital requirement is Rs 5,00,000

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BOARD MEETINGS PROCEDURES

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How to Register your own Company in India from USA

BUSINESS REGISTRATION IN INDIA Business Registration in India is not tough when you have the best consultants by your side. with our guided expertise and you will see that you do not need to worry about yourCompany Formation in India. So, go ahead and set up Private Company in India without having to worry about a thing. To know more, Visit: http://companyformationindia.com/business-registration-in-india.html

Business Setup Services Providers in India Brooks Consulting Private Limited, was established by a team of dedicated and trained professionals to be the single stop for Company Formation in India, business and legal services for clients in India and abroad. We also provide financial services,Company Registration in Delhi, Company incorporation in India with best investment plans. The aim of the company is to provide best quality consultancy service at affordable prices to service the specific requirements of the clients in various spheres of business.To know more, Visit: http://companyformationindia.com/business-registration-in-india.html

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