Meghalaya (মেঘালয়া) is famous for Handicrafts, Tourism, Agriculture. The popular commerical areas in Meghalaya are Shillong, Tura, Jowai, Nongpoh. As per our estimates, the number of company registration in Meghalaya is in the range of 30-50 in a year.
Private limited or well known as Pvt Ltd Co is the most popular
organised business structure in Meghalaya. Due to its corporate governance, stakeholder's trust,
business friendly government policies, as well as protection to directors through limited
liability it has become the first choice of the entrepreneurs. Private limited company gets
approval of incorporation from the Ministry of corporate affairs (MCA) after proper
documentation checks that gives it legal recognition worldwide. Any person whether
Indian or Non-Resident Indian can register private limited company in India after meeting certain eligibility criteria.
Private limited Company gets its own identity after registration which means it has its own separate legal independent status. Pvt
ltd company registration can have multiple legal business objects as defined in its Memorandum
of Association (MOA) and its Articles of Association (AOA). At BizFoc, we understand your business
requirements, offers complete end to end support to do company registration at best value
for money.
A Private Limited Company is mainly a type of business entity that is privately owned and has limited liability. Private Limited Company registration has become an ideal structure for businesses that seek to protect owner's personal asset while enjoying the benefits of a separate legal entity and limited liability. It is particularly suitable for small to medium-sized enterprises that do not need to raise capital from the public. Hence, it is one of the most common forms of business structure used by small and medium-sized enterprises (SMEs) in India.
The important features of Private Limited company registration are as follows:
In India, a Private Limited Company is governed by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA). Below are the eligibility criteria to register a Private Limited Company in India:
It is important to understand the documents required for private limited company registration for incorporating business. The documents required are as follows:
The private limited company registration is completely online nowadays. The business owners need not physically visit the MCA or any other office for getting the company registration. The process for Private Limited Company Registration is as mentioned below:
The very first step is that all directors must have a DSC i.e., Digital Signature Certificate, which is used for signing electronic documents. It can be obtained from certifying authorities like eMudhra, Sify, etc.
The second step is to apply for DIN i.e., Director Identification Number for all proposed directors. This can be done through the SPICe+ i.e., (Simplified Proforma for Incorporating Company Electronically) form.
Apply for the reservation of the company name through the RUN (Reserve Unique Name) service or along with the SPICe+ form. Ensure the company name is unique, original, and distinct from the name of any other business. It must be trademark-worthy, not infringing the trademark rights of others, and adhere to the naming guidelines provided by MCA.
Draft the Memorandum of Association (MOA) and Articles of Association (AOA). These documents outline the company's objectives, rules, and regulations.
Fill and submit the SPICe+ form (INC-32) along with the MOA (INC-33) and AOA (INC-34) to the Registrar of Companies (ROC). This form also includes the application for PAN and TAN for the company.
Pay the required registration fees and stamp duty, which can vary based on the authorized capital of the company and the state in which it is being registered.
After verification, and upon satisfaction of all the documents, the ROC will issue a Certificate of Incorporation. This certificate includes the Company Identification Number (CIN) and confirms that the company is legally registered.
The major benefits of private limited company registration in Meghalaya include:
To check company registration details online in Meghalaya, you can use the Ministry of Corporate Affairs (MCA) website. Here is a step-by-step guide:
Incorporating a private limited company in Meghalaya costs around ₹6499 (Including government fee). The breakdown of the fees is as follows:
Company Registration fees in Meghalaya | Amount in ₹ |
---|---|
BizFoc Professional Fees | 2,999 |
DSC for 2 Directors | 2,000 |
Name Approval Govt Fees | 1,000 |
Stamp Duty Fee (Varies State Wise) | 500 |
Total Fees | 6,499 |
The duration of private limited company registration in Meghalaya is 7-10 working days. Name is generally approved in 2-3 working days and company incorporation is approved in 3-4 working days. Breakdown of time taken by us:
After the company is registered, there are several compliance requirements that must be met:
BizFoc is a one-stop solution that you can trust to register your company. Our team of qualified Chartered Accountants, Lawyers, Company Secretaries are specialists in business incorporation services. We simplify the process, advise on business requirements, and support business beyond starting. We get your name applied within 4 hours of our engagement and our success rate for name reservation stands at 98.5%. Start now with BizFoc as your trusted business partner for all your legal and business registration services!
In India, from new startups to well-established & largely profitable entrepreneurs, choose this business structure as the ideal business entity. We offer cost-effective service for Private Limited Company Registration in Meghalaya. Our professionals will handle all legal company incorporation documentation & procedure and ensure compliance with all the regulations laid out by the Ministry of Corporate Affairs (MCA). Once your Private Limited Company in Meghalaya is incorporated as per the Companies Act, you're set to take your business to new heights.
The steps to incorporate company in Meghalaya includes getting the name reservation, making DSC, submission of final incorporation documents with MCA. BizFoc team got you covered at every step for Pvt Ltd company incorporation.
The company registration is completely online, you don't need to visit physically to any government office.
You should rely on company registration consultant who will register your company smoothly. The expert will get the soft copy of documents sign digitally, professionally draft documents (MOA & AOA) and get your company registered without getting any errors or re-submissions avoiding delays. The specialist will get the company incorporated within 7-10 working days.
The cost to register private limited company in Meghalaya is ₹6,499 which includes digital signatures for two director and certificate of incorporation.