Mainly agriculture and hydropower driven, Arunachal Pradesh aims for a balanced and sustainable economy. Its potential lies in utilising its natural resources responsibly.
As per the Companies Act of 2013, a Private Limited Company is such a type of company that has its shares owned by private people and not the general public. These shares are not up for trading on the stock exchange. Because the shares can't easily change hands, some special perks and exceptions are available to such private limited companies in India.
What are the Eligibility criteria for Private Limited Company Registration in Arunachal Pradesh?
The basic eligibility criteria to be met for Private limited company registration comprises:
- Minimum requirement of 2 shareholders and 2 directors.
- At least one director should be an Indian resident, having spent a minimum of 182 days in India in the previous year.
- The proposed business in Arunachal Pradesh should have a registered office address for conducting operations.
- Directors of the company need to obtain a Digital Signature Certificate for online filing authorisation.
- Director Identification Number is also required for the directors.
- Business owners must draft legal documents, including shareholders' agreement, Memorandum of Association and Articles of Association.
Documents Required for Private Limited Company Registration in Arunachal Pradesh
A detailed list of the documents needed for company registration in Arunachal Pradesh comprises:
A copy of the PAN (Permanent Account Number) Card for all directors and shareholders is mandatory. This serves as a unique identification number for taxation purposes.
Valid identity proof is required for all directors and shareholders, which could be as Aadhaar Card, Voter ID, Passport or Driving License.
Documents such as Aadhaar Card, Voter ID, Passport or Driving License can be submitted as address proof.
- Registered Office Address Proof:
Proof of the registered office address must be provided, which can be as utility bill, rent agreement, etc.
- Memorandum of Association and Articles of Association:
The MOA and AOA are those set of documents that outline the company's objectives, rules and regulations.
What is the Procedure for Private Limited Company Registration in Arunachal Pradesh?
The process to Register a private company in the Arunachal Pradesh is as provided below:
Ensure eligibility requirements:
Make sure you meet all the eligibility requirements for incorporating the specific business entity.
Obtain Digital Signature Certificate (DSC) and Directors Identification Number (DIN):
Founding members and directors should apply for DSC and DIN through the online portal of the Ministry of Corporate Affairs (MCA).
Reserve the company name:
File an application to reserve the company name, providing up to 6 preferences. The MCA will conduct an online search and allot a name based on availability.
Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) for the company. Seeking assistance from professionals like StartupFino is recommended for this step.
Pay fees to the Registrar of Companies (RoC):
Pay the required fees, including stamp duty and processing fee, to the RoC.
Review and verification by the RoC:
The regional RoC office will review and verify the submitted details. If satisfied, the RoC will issue the certificate of incorporation to the business.
Obtain additional registrations:
After receiving the certificate of incorporation, apply for the Company PAN and TAN for tax purposes. Additional registrations may be required based on the nature of the proposed business.
What are the Services Offered by StartupFino for Private Limited Company Registration in Arunachal Pradesh?
StartupFino is a company that specialises in offering complete services for Private Limited Company registration in Arunachal Pradesh. We can help you with all requirements from providing advice in the initial phase to ensuring that you meet all the necessary requirements, while also keeping your Company in good legal standing in Arunachal Pradesh.