Private Limited Company Registration in Ahmedabad
Introduction
A Private Limited Company is considered one of the most popular structures for small, medium, and large businesses in India. Anyone looking to build a new scalable business can choose to register a private limited company online. Some of the most important advantages and features of a private limited company (Pvt Ltd) include limited liability of shareholders, separate legal entity, ease in raising funds, lower tax burden, and ease in registering and managing a business. Ahmedabad is one of the popular options for private limited company registration amongst startups since it is the largest city in the state of Gujarat. And plays a vital role as one of the economic and industrial hubs for industries like pharma, chemical, and manufacturing in India. Company registration in Ahmedabad will undoubtedly help in easily managing and growing your business with immense resources at your disposal in the form of talent, location, and finances.
Legalwiz. provides expert services online related to business registrations, legal compliances, and tax-related matters. We have been part of many startups and SME journeys with a team of competent professionals having vast industry experience. Let’s have a look at how to register a company in Ahmedabad, the required fees, and the documents required for Private Limited Company Registration in Ahmedabad.
Prerequisite for company registration in Ahmedabad
If you’re wondering how to register a company in Ahmedabad, then first you must know the following are the requirements for Private Limited Company Registration in Ahmedabad:
- Firstly, the proposed company needs a minimum of 2 directors. Also, at least one director should be a permanent resident of India.
- Moreover, a minimum of 2 shareholders is required.
- Additionally, an authorized capital of INR 1 Lakh is a must. (Tip: While the minimum requirement is 1 lakh, however, it is advisable to keep the paid-up capital more than the face value of shares of the company.).
- Finally, a registered office in Ahmedabad is a must for Private Limited Company Registration in Ahmedabad.
Process for company registration in Ahmedabad
Ministry of Corporate Affairs (MCA) governs new company registration in India. All PVT LTD companies in Ahmedabad are registered with ROC (Registrar Of Company) Ahmedabad online. The following is the 3 simple step guide on How to Register a Company in Ahmedabad:
1. Apply for the Digital Signature Certificate (DSC) of all Directors and shareholders.
2. After that apply for Name Reservation for company via RUN (SPICe+ Part A form). To use the SPICe+ form, you need to first register on the MCA website.
3. Finally, draft and file of web forms i.e., SPICe+ Part B, Agile Pro, SPICe+AOA(Article of Association), SPICe+MOA (Memorandum of Association).
Document Checklist for Private Limited Company Registration in Ahmedabad
Recent and updated documents of directors/shareholders along with registered office are required. All the proofs should not be older than 2 months. Below is the list of documents required for Company Registration in Ahmedabad:
In the case of the director/shareholder who is an Indian National:
- Self-Attested copies of PAN and Aadhar of all the directors and shareholders
- Passport size photograph
- Self-Attested Proof of Identity i.e, Voter ID/Passport/Driving License
- Self-Attested Address Proof i.e, Mobile Bill/Telephone Bill/Electricity Bill/Latest Bank Account Statement not older than 2 months
In the case of a director/shareholder who is a Foreign National:
Notarized and apostilled proofs should be provided in the case of a foreign director/shareholder:
- Passport size photograph
- Proof of nationality i.e, a copy of a passport
- Address proof like driver’s License/Bank Statement/utility bill
Documents for Registered Office:
- Business address proof i.e, Electricity Bill/Telephone Bill/Water Bill/Gas Bill
- Copy of Rent Agreement in case of rented property
- No objection Certificate from the owner of the Property
- Self-attested copies not older than 2 months
Government Fees
When it comes to private limited company registration fees in Ahmedabad, there are 2 types of government fees. One is stamp duty which is based on authorized capital and the state of company registration. Another one is MCA form filing fees which are as per slab based on authorized capital. Government fees start from INR. 820 for a company with a minimum authorized share capital of INR. 1,00,000 in Ahmedabad and is subject to change as per MCA notification. In case someone wants to apply for a particular name for the proposed company, for each RUN form filing fees of INR. 1,000 is applicable. All the government fees are paid online through the MCA portal.
5 Key Benefits of Company Registration in India
- Credibility & Trust: Stand as a legitimate entity, attracting investors and customers.
- Limited Liability Shield: Protect your personal assets from business debts.
- Funding Magnet: Secure loans and attract investors, fueling your growth.
- Professional Edge: Foster transparency and attract top talent.
- Brand & Market Strength: Build a strong brand identity and gain a competitive edge.
Conclusion
In summary, opting for the registration of a Private Limited Company in Ahmedabad presents a strategic choice with manifold advantages, making it a preferred structure for businesses across scales. This structure’s key features, including limited liability, distinct legal identity, and simplified fundraising, create an environment conducive to sustained growth. Ahmedabad, serving as a prominent economic and industrial centre, further accentuates its appeal, especially for startups in sectors like pharma, chemicals, and manufacturing.
Frequently Asked Questions
How long does it take to register a company in Ahmedabad?
The average time taken to register a new company in Ahmedabad is 10-15 working days. However, it might take longer since it is subject to approval by the MCA online.
What are the fees to register a company in Ahmedabad?
There are two elements to it. One is a government fee and another is a professional fee charged for registration. Government fees can vary depending on the authorized capital limit set and the state of registration. The registration process with legalwiz.in starts at INR. 7,999 inclusive of all charges and subject to changes.
Who can be a director of a company?
An individual who has attained the age of 18 years and of sound mind can be appointed as a director of the company. The shareholders appoint directors of a company and are part of the Board of Directors (BOD) of the company.
Can I use my residential address in Ahmedabad as the registered office address of a company?
Yes, you can use your residential address as the registered office address of a company. However, property tax will be applicable at a higher rate if the residential property is used for commercial purposes. In case the property is owned by another family member No Objection Certificate (NOC) will be required.
Hiral Vakil
She is a Chartered Accountant by profession with 5+ years of experience in the fintech startup ecosystem. She enjoys writing content and sharing her knowledge on topics related to accounting, taxation, and corporate finance.