Step Of Private Limited Company Registration In Mumbai
The incorporation of a business enables enterprises to legitimize their company, which is why it is necessary to choose the structure of the business. Thanks to the latest technological advancement, the Indian Government has devised an online process to enhance the ease of doing business. However, several factors still exist that the entrepreneur should consider and know before opting for private limited company registration. In this article, we will provide you with company registration steps in Mumbai.
What Is Company Registration?
Mumbai is nation’s one of the highest populated cities after Delhi. Thousands of businesses have made Mumbai their home. Moreover, it is also India’s entertainment, financial, and commercial capital and an important hub. Primary headquarters from RBI to SEBI are all situated in Mumbai.
According to the Companies Act of 2013, the company registration process provides entrepreneurs with liability. Maharashtra’s registrar companies have an office in Pune and Mumbai. Following are the quick areas under their jurisdiction.
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Pune
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Ahmednagar
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Kolhapur
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Satara
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Sindhudurg
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Sholapur
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Ratnagiri
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Sangli
Eligibility Criteria For PVT LTD Company Registration
All private companies must have at least 2 shareholders. Moreover, a registered company should have at least 2 directors, and individuals can become designated directors of the company, and they should be an Indian citizen. The company must choose a name for the PVT LTD company registration in Mumbai.
Process Of Company Registration In Mumbai
There are several steps and processes which the company owner will have to go through to register their company.
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Initially, business owners should work with a legal expert and decide on the company structure to incorporate.
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Depending on the chosen structure, business owners should opt for the appropriate name of the company and ensure that the name is accessible or not.
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Once the name is approved, make sure to get all the necessary documents in hand.
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Once you have the documents, choose a lawyer and file for company registration with RoC via the SPICe incorporation process.
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Enterprises with an authorized share capital of fewer than 15 lakhs will not have to pay the registration fees. However, companies must pay the needed stamp duty for their filings and processing fee.
