Introduction
The Ministry of Corporate Affairs governs the Registration of Companies (ROC). Registration of the Company's workings occurs by following the Companies Act, 2013. The Companies Act, 2013 consists of the rules and regulations guiding the formation and working of the Companies and the offences and their Penalty. The Act makes sure that the Companies and LLPs are thoroughly following all the guidelines mentioned in the statute of the Act. The administrative control over the ROC is governed by the Government and their respective regional directors.
Company Registration in Gujarat
In Gujarat, company registration is a very critical step that requires all the huge as well as minute details of the Company and its directors. The documents that are submitted must be verified beforehand to confirm the authenticity of the Documents and that the company or the LLP is abiding by the rules and regulations of the Companies Act, 2013. To comply with the guidelines of the law, it is advised to assign professional assistance because it might be useful for company incorporation and Registration of the Company (ROC).
Gujarat is known to have all the pro-business policies and has both markets, domestic and International markets. Gujarat government have provided many financial incentives and promotes industrial growth in the State. Gujarat has some distinct features which are more streamlined compared to other states in India.
Online Company registration in Gujarat can take up to 7 to 14 days.
Benefits of Company Registration in Gujarat
Registering a Company in Gujarat has some effectual benefits, such as,
Access to Market
Growth of Infrastructure
Business-friendly working condition
Single-Window clearance
Support Entrepreneurship
Networking opportunity
Startup Ecosystem
Quality of Life
Sector-Specific Support
Minimum Requirement for Company Registration in Gujarat
In a Private Limited Company, a minimum 2 directors are required
In a Public Limited Company, a Minimum 3 Directors
The legitimate age of the Director must be Above 18
The registered office address should be in Gujarat A A
Digital Signature must be obtained
Director Identification Number (DIN)
Minimum capital Paid-up Capital share
Minimum 2 shareholders.
Valid Company name.
Registered Office
At least one Director must be of Indian Nationality
Documents required for the company for registration in Gujarat
In Gujarat, the Company registration requires details of the Company, Directors, proof of Registered Office,
1. Company’s details- Name of the corporation and purpose of the Company,
2. Director’s Details- PAN card details, photographs of all the directors
3. Adhaar card of the directors
4. Email and cell number of the directors
5. Other legally valid document such as Driving license, Voter ID or Passport
6. Last but not least, any particular bank document of all the directors, such as Bank statement or passbook etc
7. Proof of the Registered Office- Latest Utility Bill, Ownership proof via sales deed or property tax, and if the place is rented the NOC of the Company
8. Digital Signature Certificate (DSC)
Procedure for Company Registration in Gujarat
To register the Company in Gujarat, one must go through the following procedure:
1. Submission of Digital Signature Certificate (DSC)
2. The above-mentioned documents are required to be attached for the online registration of the company
3. Government fees and Professional fees, together required for the registration. The fees start from Rs. 9,499
Below is the fee structure for the registration of the company in Gujarat-
Online Company Registration in Gujarat | Registration Fees |
Government fees (Stamp Duty) | Rs.2,500 |
Professional Fees | Rs.3,999 |
Digital Signature Certificate | Rs.3,000 |
Total Fees | Rs.9,499 |
NOTE: The amount of the fees may vary, and it depends on the members or the value of the Capital.
4. After the payment of the fees, the registrar will inspect the document submitted and then the Certificate of Incorporation will be issued.
Conclusion
To register a company in Gujarat, which is one of the known trader states of India, one must have all the necessary documents of the Company, its locality, Directors and members.
The business culture in Gujarat promotes entrepreneurship and innovation, it has a more streamlined work frame in the Country in comparison to other states in India.
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