Company Registration in Kerala: A Comprehensive Guide
Business Registration in Kerala: An In-Depth Manual
Embark on your entrepreneurial journey in the vibrant city of Kerala! Secure your business future with seamless company registration. Let’s build success together! In this blog will explore the Company Registration in Kerala: A Comprehensive Guide to Secure your business future with seamless experience.
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1. Step-by-Step Procedure for Company Registration in Kerala:
- Name Reservation:
- Choose a unique name for your company and check for availability.
- Apply for name reservation with the Registrar of Companies (RoC).
- Digital Signature Certificate (DSC): Secure a Digital Signature Certificate (DSC) for the nominated directors of the company.
- Secure a Digital Signature Certificate (DSC) for the appointed directors of the company.
- Director Identification Number (DIN): Apply for DIN for all the directors through Form DIR-3.
- Incorporation Application: File the incorporation application (SPICe Form) with the necessary documents.
- MOA and AOA: Draft your company’s Memorandum of Association (MOA) and Articles of Association (AOA).
- Registered Office: Provide the address of the registered office for the company.
- PAN and TAN Application: Apply for PAN and TAN for your company.
- Certificate of Incorporation: After verification, the RoC will issue a Certificate of Incorporation.
- Bank Account: Open a company bank account using the Certificate of Incorporation.
2. Documents Required for Company Registration in Kerala:
- Identity and Address Proof of Directors
- Address Proof of Registered Office
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Declaration of Compliance
- Affidavit from Directors and Shareholders
- Director Identification Number (DIN) of Directors
- Digital Signature Certificate (DSC)
- Proof of Name Reservation
3. Benefits of Company Registration in Kerala:
- Legal Recognition: Gain legal recognition as a distinct business entity.
- Limited Liability: Enjoy little liability protection for directors and shareholders.
- Business Opportunities: Access a broader range of business opportunities.
- Fundraising: Easier access to capital through shares and debentures.
- Perpetual Existence: Continuity of existence even if directors change.
Latest 15 FAQs for Company Registration in Kerala:
- How long does the registration process take?
- Typically, it takes around 15-20 days.
- Is it possible for a foreign national to serve as a director?
- Indeed, a foreign national can assume the role of a director.
- What are the statutory compliances post-registration?
- Compliance includes filing annual returns and audited financial statements.
- Is a physical office necessary?
- Yes, a registered office is mandatory.
- What is the capital requirement?
- There is no minimum capital requirement.
- Can a single person form a company?
- Yes, a single-person company (OPC) is allowed.
- What is the Registrar of Companies (RoC) role?
- RoC oversees company registrations and compliance.
- Can a company own property?
- Yes, a company can own property in its name.
- Are there tax benefits for registered companies?
- Companies enjoy certain tax benefits.
- Can I change the company’s registered office?
- Yes, by following a prescribed process.
- What is the minimum number of directors?
- At least two directors are required.
- How often should I file annual returns?
- We should file annual returns every year.
- Is it mandatory to have a company secretary?
- It is not mandatory for private companies, but it is advisable.
- Can a company be converted into another type?
- Yes, conversion is possible, subject to certain conditions.
- How is the company’s name protected?
- We protect the registered name from unauthorized use.
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