Want to start a company in Noida? don't know where to start.
Don't worry, at StartEazy, it's our goal to help you if you have a concern about where to start.
Let's go through the requirements and process in brief.
Requirements for company registration:
Minimum 2 Directors - maximum of 15 Directors. (One should be an Indian resident).
Minimum 2 Shareholders, Maximum 200 Shareholders.
Can be started with any amount of money/capital.
Noida office address. (One can also use a home/flat address)
Passport-size photograph of directors
Copy of PAN Card of directors
Adhar card / Voter identity card of directors
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers(If owned property)
For online transactions such as tax return filings, company filings, and e-tendering, a digital certificate is important.
In electronic filings, the DSC verifies the identity of the directors.
It is mandatory to have two directors DSCs as part of the registration process.
When you register your company in Noida, your agent will use your DSC with approval. This is a safe and standard practice.
Our experts assist you in getting your DSC when registering your company.
The second step in incorporation is applying for a Director Identification Number.
DIN is a mandatory requirement for anyone looking to be appointed as a director of a company incorporated under the Companies Act in India to be assigned a unique identification number.
Similar to DSC, two directors' DIN is mandatory as part of the registration process.
The most important step is to decide a name for a company that will be applied to MCA for approval.
Things to keep in mind while finalizing your company name:
The name should be unique and available for patent.
It should be relevant to business activities.
Avoid offensive or prohibited words that may hurt anyone's sentiments.
After finalising the name, go for trademark consideration.
Our company name approval service also helps you if your name is rejected.
Our experts resubmit the application/file the SPICe form again with another name.
The complete process takes around 2-3 days.
A Memorandum of Association (MOA) and Articles of Association (AOA) must be prepared after the company name has been approved, which contain the rules and bylaws that govern the business' operation.
The compulsory clauses of an MOA of a company are as follows:
Registered Office Clause
Our team will help you with the process of registration of MOA and AOA registration.
After verifying the documents, the registrar issues the Incorporation Certificate and allots CIN (Company Identification Number) within 1-3 days.
Incorporation certificates contain a company's name, date of incorporation, registered office address, Corporate Identity Number (CIN), and type of company (e.g., private limited, public limited).
The Corporate Identity Number (CIN) is a unique alphanumeric identification code assigned to a company upon its incorporation.
First digit: Corporate Identity Number (CIN) series (L for Limited Companies)
Next five digits: Industry code
Next two digits: State code
Next four digits: Year of incorporation
Last seven digits: Registration number assigned during incorporation.
After the receipt of the incorporation certificate, you can submit a copy of the Incorporation certificate, MOA, AOA, and PAN along with the account opening form of the bank to open your bank account.
The Goods and Services Tax (GST) certificate is a document issued by the Indian government that certifies a business's GST registration.
GST certificates are required for any business registered with the Indian government for GST. This applies to both online and offline businesses.
Documents required in registration of GST in Private Limited:
PAN Card of the Company
Certificate of Incorporation
Memorandum of Association (MOA) and Articles of Association (AOA)
Photograph of Directors
Address Proof of the Company
Bank Account Details of the Company (Cancelled Cheque or Bank Statement)
Mobile Number and Email Address of Authorised Signatory
The StartEazy team will assist you in getting your GST registration.
Depending on the nature of your business, you may need to obtain additional registrations such as Employee Provident Fund (EPF) and Employee State Insurance Corporation (ESIC).
These are the vital steps for registering a company in Noida which is mentioned above.
As we are discussing the process for Noida, let's see some factors of establishing a company in Noida:
Over the past few years, Noida has made great progress in terms of infrastructure development.
It is home to a wide range of commercial and residential spaces, as well as state-of-the-art office buildings.
Additionally, it is connected to metro lines and expressways, which makes it a desirable location.
A variety of technology-related startups have established themselves in Noida, which has become a leading IT hub.
There are a lot of skilled IT professionals in the region, giving tech-driven companies an advantage.
Affordable Real Estate:
There are affordable real estate options in Noida when compared with other business hubs in the country.
This is a great option for startups who don't want to blow their budget on an office.
A wide range of policies have been implemented by the government in Uttar Pradesh to promote entrepreneurship and create a business-friendly environment.
They're making the registration process faster and providing startups with comprehensive support.
Whether you live in Noida or anywhere else, limited liability is a valuable feature.
Investors are only responsible for losses up to the amount of their investment.
It gives people peace of mind if they're uncertain about the company's future
Scope of Expansion:
Entities falling under the Companies Act 2013 generally enjoy greater potential for expansion.
The robust structure of their organization allows them to successfully navigate the ever-changing legal requirements that come with expansion.
Quality of Living:
Noida offers a high quality of life, providing modern facilities, well-designed residential complexes, and recreational spaces.
This feature makes it a captivating location for professionals looking for employment opportunities in the region.
To Sum up:
Starteazy is the best choice for Company Registration services because it provides professional and effective management of your private limited company registration.
By simplifying the process, we allow you to focus on your business objectives while we handle legal issues.
Starteazy can assist you in registering your company so that you can begin your entrepreneurial journey with confidence.
How long does it take to register a company in Noida?
Ans: It typically takes around 15 to 20 days, but it can vary based on how thorough your documents are, the processing times of the government, and other related factors.
What types of companies can be registered in Noida?
Ans: Various types of companies can be registered in Noida, including Private Limited Companies, Public Limited Companies, and One Person Companies (OPCs). The choice of company type depends on the business structure and requirements.
Is it necessary to have a physical office in Noida for company registration?
Ans: Indeed, when registering a company, you'll need to have a registered office address in Noida. This specific address will be used as the official means of communication.
What is the process of registration of a company as One Person Companies (OPC)?
Ans: The process of registering a company will be very similar to that of a Private Limited company. Instead of two, you will only need one Director Information Number (DIN) and one Digital Signature Certificate (DSC).