Online CA for Private Limited Company Registration in India

Online Company Registration in India is not difficult now. Ovakil provides services for business registration which include different type of company registration, sole proprietorship, partnership etc. Total process of registration is generally takes 10-12 working days will all document completion and process. 

As per the Company Act 2013, We need CS or CA for Company registration. These professionals complete all documents and signature the documents were required.


Process of Online Company Registration in India

Step 1 Name Approval: We need to apply for name approval in the RUN form provided on the website of MCA for Private limited Company Registration.

Step 2 Digital Signature: All directors of new company must have valid digital signature (DSC) for singing the PDF documents which to be upload on the government portal.

Step 3 Preparations of Documents: For Company registration in India we need consider that all documents should be forwarded by client to our CA for Company registration. All documents should be properly scanned and clear image from phone can be taken for forwarding Documents,

CA will collect and create MOA and AOA for Online Company Registration in India. These documents along with the normatl KYC and address proof will be uploaded on the government for approval.

We need to understand that at the time of submitting documents to the department the Chartered accountant who are getting your company ready will fill the form of PAN card. So on the certificate of the company there are PAN number will be written on original copy.

Step 4 Company Auditor: After submitting all documents and receiving approval from the department all new company needs to appoint the auditor for company within 30 days from the date of approval.

This auditor will appoint up to the conclusion of first AGM which will take place after 31^st march 2018.

At the time of company formation director don’t need to be present in person in front of chartered account or department. CA only need properly scanned documents for working.

Company can be registered at home address?

General question usually come in mind while at the time of company formation is whether it’s possible to open new company at home address or specific commercial area is required. 

There is no specific area is required for company formation. Resident address of director can work for company registration. We just only need No objection certificate for registration of Private limited Company.

Difference Between Composition And Regular GST Registration

(1) What Is Gst Registration?

GST registration is new form of taxes comes in India in the place of various taxes like vat, service tax, custom, entertainment tax etc. It is a one nation tax which has a dream of Indian government for so many years. Now you only need to pay GST in place of other indirect taxes, which has been mentioned above.

(2) Types Of Gst Registration?

There are two types of GST registration one in regular which further divides in to mandatory or optional and the other one is composition registration.

(3) What Is Regular Mandatory And Optional Registration?

Every person whose turnover exceeds 20 lacs or want to sale interstate sale (from one state to another) irrespective of turnover shall, mandatory register themselves in GST registration. 

When a person whose turnover does not exceed 20 lacs but voluntary they want to register themselves it’s called optional registration.

(4) What Is Composition Registration?

Where a businessman who does not want to maintained books of account , or taking input tax credit, or setting off output tax liability, they register themselves in a composition dealer and give flat @1% tax on sale, neither they maintained books nor maintained any details.

(5) Is There Any Monetary Limit For Composition Dealer Registration?

Under GST registration a person can opt for composition registration whose turnover does not exceed 75 lacs can opt for composition scheme.

(6) Is Person Can Change From Composition To Non-composition Or Vice Versa?

Yes, you can change from composition to non-composition or vice versa, but that can be done after on year only, because once you choose for composition or out from composition, that will remain for one year, and you can change after that financial year.

(7) Who Cannot Opt For Composition Scheme?

There are two types of tax payers who cannot opt for composition scheme

(i) Who’s turnover is more than 75 lacs

(ii) Who want to sale interstate sale.

(iii) Service sector industry cannot opt for composition scheme

(8) What Are The Benefits Of Composition Scheme?

There are few benefits available in composition scheme in GST registration , these are

(i) Cannot required to maintained detail records

(ii) Submit tax and tax returns quarterly

(iii) Flat rate of tax @1% on sale

(iv) No need to claim input tax credit

(v) Businessperson does not require following too much guidelines.

(9) What Are The Drawbacks Of Composition Scheme?

There are few drawbacks also available on composition scheme, these are:

(i) No Input tax credit available, hence taxes paid on input would ultimately increase the cost of the product

(ii) No big house is interested to purchase goods from a person who opts for composition scheme, because they cannot claim input tax credit, which they paid on purchase.

(iii) Cannot sale interstate sale.

(10) Is Any Survey Or Inspection Will Be Required For Gst Registration?

Yes, department will conduct a survey , on the premises where you register yourself in GST registration, and give you survey report, but no time has been prescribed in GST act for conducting survey.

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