PROCEDURE

PRIVATE LIMITED COMPANY

A Private Limited Company is a Company limited by shares in which there can be Maximum 200 shareholders and minimum number of shareholders is two Company Registration Coimbatore.No invitation can be made to the public for subscription of shares or debentures cannot make or accept deposits from Public and there is restriction on the transfer of shares. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him Company Registration Coimbatore.

Procedure for Incorporation of Private Limited Company:

       1.      Apply for Digital Signatures and Directors Identification Number for the proposed directors of the company.

       2.      Selection of name for the proposed company and applying for approval of name with the concerned ROC of the state.

       3.      Drafting of Memorandum and Articles of Association.

 4.      E-filing of various forms and documents with the Registrar. 

 5.      Obtaining Certificate of Incorporation. 

ONE PERSON COMPANY

The concept of One Person Company [OPC] is a new form of business, introduced by The Companies Act, 2013, thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework. One Person Company is a hybrid of Sole-Proprietor and Company form of business Company Registration Coimbatore.

Features of One Person Company (OPC)

1. ONLY ONE SHAREHOLDER

Only a natural person, who is an Indian citizen and resident in India shall be eligible to incorporate a One Person Company.

2. Nominee for the Shareholder:

The Shareholder shall nominate another person who shall become the shareholders in case of death/incapacity of the original shareholder. Such nominee shall give his/her consent and such consent for being appointed as the Nominee for the sole Shareholder. Only a natural person, who is an Indian citizen and resident in India shall be a nominee for the sole member of a One Person Company.

3. Director: Must have a minimum of One Director, the Sole Shareholder can himself be the Sole Director Company Registration Coimbatore.

Steps to Incorporate One Person Company (OPC) 

1.      Apply for Digital Signatures and Directors Identification Number for proposed directors of the company.

2.      Selection of name for the proposed company and applying for approval of name with the concerned ROC of the state.

3.      Draft Memorandum of Association and Articles of Association [MOA & AOA]. 

4.      Sign and file various documents including MOA & AOA with the Registrar of Companies electronically. 

5.      Payment of Requisite fee to Ministry of Corporate Affairs and also Stamp Duty. 

6.      Receipt of Certificate of Registration/Incorporation from ROC