Incorporations

June 5, 2016

startup

Trust


Trust is consensus between two parties, these parties are trustee. It also provide platform for social, cultural, literary, charitable and scientific purpose

Process of Trust Formation
It will take 20-25 working days for register subject to approval from local authority.

Drafting Trust Deed
Trust deed is drafted as per the nature of activities to be carried out by Trust

Documents Submission
Once drafting is done, all documents are submitted to the respective authority.

Certificate
Concerned Authority issues registration certificate once all requirement is filled.

Society


Societies Act was brought in to existence in 1860 that provides a platform for social, cultural , literary , charitable and scientific purpose. It can be registered at Indian level and State level depending on the strength and location of members.

Process of Society Formation
It will take 30-40 working days for register subject to approval from local authority.

Drafting Memorandum and Rules
Memorandum and Rules of society is drafted as per the nature of activities to be carried by society

Documents Submission
Once drafting is done, all documents are submitted with a request letter to the respective authority.

Certificate
Concerned Authority issues registration certificate once all requirement is filled.

Indian Subsidiary


India as a one of the fastest growing economy has become a very lucrative place for investment. Any foreign national and any foreign company can make investment in India subject to provisions of FDI (Except foreign national and foreign company of Pakistan and Bangladesh). Minimum one Indian director is required who is resident of India to incorporate a Indian Subsidiary. As far investment is concerned it can be made through direct route or after approval from the Government as per applicability.

Process of Indian Subsidiary
It will take 15-20 days for incorporation subject to ROC approvals

DSC & DIN
Digital Signature Certificate and Director Identification Number is required for the proposed Directors

Name Approval
Minimum one and maximum six names can be submitted and name is being approved subject to availability.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.

Section 8 Company


Section 8 company is same as trust and society but is registered with Central Government (MCA) unlike trust and society which are being registered under State Government. Section 8 company has better recognition and credibility

Process of Section 8 Company
It will take 25-30 working days for incorporation subject to ROC approvals

DSC & DIN
Digital Signature Certificate and Director Identification Number is required for the proposed Director

Name Approval
Minimum one and maximum six names can be submitted and name is being approved subject to availability. There after license must be approved.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.

One Person Company


Concept of OPC has been introduced by Companies Act 2013. It can be started with one member only but there should be one nominee who will become the owner in case of disability of existing owner. An OPC need to converted in to private limited if its crosses the annual turnover of Rs 2 Cr.

Process of One Person Company
It will take 15-20 working days for incorporation subject to ROC approvals

DSC & DIN
Digital Signature Certificate and Director Identification Number is required for the proposed Director

Name Approval
Minimum one and maximum six names can be submitted and name is being approved subject to availability.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.

Limited Liability Partnership


Concept of LLP has been introduced in 2008. It has partial feature of private limited and partial of partnership firm. It has got benefit over partnership firm in terms of identity and reliability.

Process of LLP
It will take 15-20 working days for incorporation subject to ROC approvals

DSC & DPIN
Digital Signature Certificate and Designated Partner Identification Number is required for the proposed Partners

Name Approval
Minimum one and maximum six names can be submitted and name is being approved subject to availability.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.

Private Limited Company


A company that limits the liability of Members but does not allows to sells shares in public to raise capital. Minimum of two directors and two members required. It has got benefit over partnership firm in terms of reliability and identity.

Process of Private Limited Company
It will take 15-20 working days for incorporation subject to ROC approvals

DSC & DIN
Digital Signature Certificate and Director Identification Number is required for the proposed Directors

Name Approval
Minimum one and maximum six name can be submitted and name is being approved subject to availability.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.

Public Limited Company


A company that limits the liability of Members and allows to sells shares in public to raise capital.. Minimum of three directors and seven members required. It has all features of private limited but benefit to have any numbers of members.

Process of Public Limited Company
It will take 15-20 working days for incorporation subject to ROC approvals

DSC & DIN
Digital Signature Certificate and Director Identification Number is required for the proposed Directors

Name Approval
Minimum one and maximum six names can be submitted and name is being approved subject to availability.

Incorporation
Once name of proposed name is approved, final documents are submitted on approved name.