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TAXAJ Bangalore
TAXAJ Bangalore
Chartered Accountants in Bengaluru

Private Limited Company Registration in Bangalore

Are You Looking for Private Limited Company Registration in Bengaluru? Get your registration and consultancy services with TAXAJ. Our Firm has a dedicated business registration consultants team to process private limited company registration in Bengaluru in a hassle-free. We provide quick and cost-effective Private Limited Company Registration Services in Bangalore to you. This process might complete within 7 to 10 days of the actual working day. Enjoy simple processing, fast updates, and no hidden fees.

Bengaluru is one of the fastest-growing cities in India. It is an IT hub since it provides various advantages to companies. One of the primary benefits of a company registered in Bangalore is the availability of a highly skilled workforce comprised mainly of technologically inclined professionals. 

Bangalore’s cutting-edge infrastructure and favourable business laws form a sustainable economic framework for start-ups. Moreover, it is home to world-class tech companies luring fresh talent across the country and a well-known start-up epicentre. There is immense scope for new company registration in Bangalore.

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About This Plan

Get your private limited company registered in bangalore in the fastest possible manner.

Created by potrace 1.15, written by Peter Selinger 2001-2017

Timeline

It usually takes 7 to 10 working days.

Services Covered
Who Should Buy
How It's Done
Documents Required
Services Covered

  • DSC (2 nos)
  • Filing of SPICe+ Form
  • Issue of Incorporation Certificate along with PAN and TAN
  • Includes Govt Fees & Stamp duty for Authorised Capital upto Rs. 1 Lakh except for the states of Punjab, Madhya Pradesh and Kerala
  • Excludes foreign national / Body Corporate as director or business needing RBI/SEBI approval
  • Assistance in Opening Bank Account
Who Should Buy

  • Businesses looking to expand or scale operations on higher level
  • Startups looking to raise capital and issue ESOPs
  • Businesses looking to convert their existing firm structure into private limited company
  • Businesses aiming to work globally or with reputed clients
How It's Done

  1. DSC Application

  2. Name approval form filing

  3. Preparation of Incorporation Documents

  4. Getting those docs signed by the respective stakeholders

  5. Filing of e-Forms with ROC

  6. Receipt of Incorporation Certificate with PAN, TAN, GST, EPF, ESI & Bank Account.

Documents Required

  1. Name, Contact Number and Email Id of all the Stakeholders.

  2. Directors Identification Number, if already.

  3. Self Attested PAN, Aadhar & Passport size photo of all the Stakeholders.

  4. Apostilled Passport, Mobile Bill and other KYC docs in case of NRI Stakeholder.

  5. Latest Month Personal Bank statement of all the Stakeholders.

  6. Specimen Signatures of all Stakeholders.

  7. Few Proposed Business Names along with Objects.

  8. Latest Electricity Bill/Landline Bill of Registered Office.

  9. NOC from owner of registered office, If Owned. (Download Template)

  10. Rent Agreement from Landlord, If Rented/Leased. (Download Template)

  11. Brief description of main business activities of the proposed Company.

  12. Shareholding pattern (50:50 or 60:40) between the Stakeholders.

  13.  Authorised & Paid Up Share Capital of the Company.

  14. Fill This Sheet For Remaining Details

Different Types of Company Registration in Bangalore

The Company Registration process is provided under the Companies Act, 2013 and is governed by the Ministry of Corporate Affairs (MCA). The following are the types of companies that an entrepreneur can incorporate in Bangalore:

  • One Person Company (OPC): OPC is suitable for a single individual who wants to start a company with limited liability. There can be only one member in an OPC.
  • Limited Liability Partnership (LLP): LLP is ideal for a close group of people wishing to start a company with limited liability and minimal external contribution.
  • Private Limited Company: A private limited company is best suited for a group of people planning to raise funds for their business in the future.
  • Public Limited Company: A public limited company is a company that offers its shares to the public. Any individual can buy the company stock. It is stringently regulated under the Companies Act, 2013 and SEBI Act, 1992.

Requirements for Company Registration in Bangalore

Entrepreneurs must have the following requirements before applying for company registration in Bangalore:

  • The company must have a unique name, i.e. not similar to an already registered company name or trademark.
  • The company must have the minimum directors (One director for OPC, two for a private company and three for a public company).
  • Foreign nationals can be directors of the company, but at least one director must be an Indian citizen.
  • All the directors must have a Director Identification Number (DIN).
  • The company must have the minimum members (One member for OPC, two for a private company and seven for a public company).
  • All the directors and shareholders must have a Digital Signature Certificate (DSC) to sign documents and forms.
  • The company must have a registered office address in Bangalore.
  • The company must prepare its Memorandum of Association (MOA) and Articles of Association (AOA).

Registration of Company in Bangalore

The company registration process in Bangalore is completely online and paperless. The company registration forms and the required documents are filed online through the MCA website, and the Central Registration Centre (CRC) processes the same. 

Upon completion of the registration formalities, the Offices of Registrar of Companies (ROC) in each state issue a digitally signed Certificate of Incorporation. The stakeholders of a company can verify the certificate of company incorporation issued by the ROC on the MCA website. In Karnataka, the Registrar of Companies, Bangalore (ROC, Bangalore), is the authority for company and LLP registration and regulation.

The address of the Office of Registrar of Companies, Bangalore is as follows: Registrar Of Companies, E Wing, 2nd Floor, Kendriya Sadan, Koramangala, Bangalore – 560034, and the email ID is as follows: roc.bangalore@mca.gov.in

Company Registration Process in Bangalore

1. Decide on Business Structure: Determine the business structure you want to establish, such as a Private Limited Company, Limited Liability Partnership (LLP), Sole Proprietorship, or Partnership Firm.


2. Choose a Unique Name: Select a unique name for your company and ensure it complies with naming guidelines. Check the availability of the name through the Ministry of Corporate Affairs (MCA) website or the trademark database.


3. Obtain a Digital Signature Certificate (DSC)for a Digital Signature Certificate (DSC) for the proposed directors or partners of the company. This is necessary for the online filing of registration forms.


4. Obtain Director Identification Number (DIN): Each company director must obtain a Director Identification Number (DIN) from the MCA. Submit an online application with the required documents to obtain DIN.


5. Prepare and File Incorporation Documents: The necessary documents, including the Memorandum of Association (MOA) and Articles of Association (AOA). File the incorporation documents online through the MCA portal.


6. Pay Registration Feesthe required fees online through the MCA portal. The fee amount depends on the authorised capital of the company.


7. Obtain Certificate of Incorporation: The MCA will issue a Certificate of Incorporation (COI) after verifying and approving the documents. This document serves as proof of company registration


8. Apply for Permanent Account Number (PAN): Once you have the COI, apply for a Permanent Account Number (PAN) with the National Securities Depository Limited (NSDL) or UTI Infrastructure Technology and Services Limited (UTIITSL) by submitting Form 49A. (If Not Already Allotted)


9. Apply for Tax Deduction and Collection Account Number (TAN): If your company must deduct or collect taxes at source, apply for a Tax Deduction and Collection Account Number (TAN) with NSDL by submitting Form 49B. (If Not Already Allotted)


10. GST Registration: If your business turnover exceeds the GST threshold, register for Goods and Services Tax (GST) with the Goods and Services Tax Network (GSTN) by submitting the necessary documents online.


11. Register for Professional Tax: If you will have employees, register for professional tax with the Professional Tax Department of Karnataka within 30 days of employing staff.


12. Open Bank Account: Open a bank account in the company's name by providing the necessary documents, including the COI, PAN, and KYC documents. Ensuring a perfect banking process (as in many private banks, a minimum withdrawal has been reduced to 25,000 rupees. Thus, before choosing government banks in Bangalore, the minimal charges and penalties are checked for.)


13. Obtain Required Licenses and Permits: Depending on the nature of your business, you may need to obtain specific licenses and permits from relevant authorities. This may include trade licenses, environmental clearances, and health permits.

14. Comply with Labor Laws: Ensure compliance with labour laws, such as employee provident fund (EPF), employee state insurance (ESI), and other applicable regulations.

Documents Required for Company Registration in Bangalore

  • PAN card of every director and shareholder.
  • ID proof of every director and shareholder, which can be any one of the below documents:
    • Aadhaar card.
    • Voter ID card.
    • Driving license.
    • Passport (in case of foreign nationals).
  • Address proof of every director and shareholder, which can be any one of the below documents:
    • Bank account statement.
    • Latest electricity, water or internet bill.
    • Mobile bill not older than three months.
    • Resident card, bank statement or driving license (in case of foreign nationals)
  • Proof of registered office address of the company, which can be any one of the below documents:
    • Electricity, gas, internet or water bill.
    • Rental agreement and NOC from the owner (in case building premises is leased).
    • Latest property tax receipts.
    • Sale deed or property registration deed (in case building premises is own).