Best answer: What is required to start a business in Maharashtra?

S.No. Procedure
1 Obtain director identification number (DIN) on-line
2 Obtain digital signature certificate on-line
3 Reserve the company name with the Registrar of Companies (ROC) on-line
4 Stamp the company documents either at the Superintendent or an authorized bank

How can I start a company in Maharashtra?

Steps for Company Registration in Maharashtra

  1. Step 1: Acquire Digital Signature (DSC) …
  2. Step 2: Apply for DIN (Director Identification Number) …
  3. Step 3: Apply for Name Approval. …
  4. Step 4: Form SPICe (INC-32) …
  5. Step 5: e-MoA (INC-33) and e-AoA (INC-34)

What registration is required to start a business?

You must first incorporate your business as a Private Limited Companyor a Partnership firm or a Limited Liability Partnership. You have to follow all the normal procedures for registration of any business like obtaining the Certificate of Incorporation/Partnership registration, PAN, and other required compliances.

What certificates are needed to start a private company?

As per section 11 of Companies Act, 2013, now all newly incorporated Public and Private Companies having Share Capital would be required to obtain a certificate of commencement of business from concerned Registrar of Companies before commencing the business or exercise of borrowing powers.

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What are the licenses required to start a business in India?

Licenses Required for Business

  • Company or LLP Registration. …
  • GST Registration. …
  • Udyog Aadhar Registration. …
  • FSSAI License or Registration. …
  • Import Export Code. …
  • Shop and Establishment Act License. …
  • Gumastha licence. …
  • Other Licenses and Registrations.

Which business is best in Maharashtra?

Top-10 Business Ideas for Maharashtra

  1. Textile Business. Maharashtra is one of the largest textile manufacturing states in India. …
  2. Organic Fruits and Vegetable Store. …
  3. Fast-Food Centre. …
  4. Tourism Business. …
  5. Real Estate Agent. …
  6. Recruitment Firm. …
  7. Mobile Repair and Recharge Shop. …
  8. Book Store.

What is the fees for company registration?

Government fees for company registration

Nominal share capital Registration fees
Rs. 1,00,000 to Rs. 5,00,000 Rs. 5,000. Rs. 400 will be added for every increase of Rs. 10,000 of nominal share capital.
Rs. 5,00,000 to Rs. 50,00,000 Rs 21,000. Rs. 300 will be added for every increase of Rs. 10,000 of nominal share capital.

Can I start a company without registering?

To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.

How do I get a startup certificate?

Eligibility Criteria for Startup Recognition:

  1. The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership.
  2. Turnover should be less than INR 100 Crores in any of the previous financial years.

Which is better LLP or Pvt Ltd company?

LLP is a preferable form of organization as it provides benefits of both the private limited and partnership firm. Llp is a legal entity separated from its partners.

Difference Between Private Limited Company & LLP – Analysis.

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Statutory audit Mandatory Not required unless partners contribution exceeds 25 lakhs and annual turnover exceeds 40 lakhs.

What can be the maximum no of members in a private company?

Number of Members:

In case of private companies, the maximum limit has been increased by the new Companies Act, 2013 from 50 to 200. There is however no maximum limit on the no. of members in a public company. The minimum number of members in case of a public company is seven and in case of a private company is 2.

How much turnover is required for Pvt Ltd?

There is a clause of mandatory conversion of OPC into private limited company in case the paid up capital exceeds Rs. 50 lakh and the average annual turnover (past three years) is more than Rs. 2 crore.

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