Company Incorporation Fees | With and Without Share Capital
"A
journey of a thousand miles begins with a single step," said LAO
TZU. Company Registration
Online is equal to taking modest steps on a journey that could last a
long time. But nothing comes for free. So, the Government Company Incorporation
Fees in India is discussed in this article.
Private Limited Company Incorporation Fees
Basically,
the costing and fees of a private limited company are determined by a variety
of parameters ranging from authorised capital to the number of partners and
stamp duty.
To
summarise, company registration online fees in India is estimated by the
following factors:-
- Number
of Directors
- Share
Capital
- Professional
fees by CA, CS or Business Service Provider
- Stamp
Duty in the state where you intend to register your company.
You
cannot register a Private Limited Company in India without the assistance of a
professional such as a Chartered Accountant, Company Secretary, or Lawyer since
it requires their authorised signatures in the form of DSC.
The
majority of the costs include stamp duty and professional fees.
What does the Company Incorporation Fees include?
The
company incorporation fees charged by the online service provider starts
from Rs. 7000, which includes the following:
Digital Signature Certificates
Firstly,
we must apply for DSC or digital signature certification. Basically, you don't
need a chartered accountant to receive a DSC. You can apply for it through
business service providers or agents. They may supply you with a Digital
Signature at a very low cost.
So, if
you establish a company with an agent or online through a service like
Starteazy, they will already have purchased the DSC in bulk and will be able to
offer you lower pricing.
In
general, it costs between Rs. 1500 and Rs. 2000 rupees for a two-year validity
period.
The
service providers generally offer 2 DSC registration free along with company
registration. But, in case you have more than two directors, they charge
Rs.1000 extra per additional director.
DIN Registration
The next
step is to apply for a DIN number. The Director Identification Number, or DIN,
is assigned by the Ministry of Corporate Affairs.
The
following costs are included in the DIN application:
a) DIN
Application Fee, which is 500 Rupees every DIN;
b) Stamp
Paper for Affidavit, which is 20 Rupees per DIN.
c) Notary
Fees – 50 Rupees per DIN
d)
Chartered Accountant's Professional Fee for Certifying Your Application
Company Incorporation Fees for Name Approval
After
you've completed your DIN and DSC, you'll need to submit a name approval form
for company registration. Approval for company registration will cost you
roughly 1000/- Rupees.
Once the
name is authorised, only one company can incorporate in India with the same
name, which is especially advantageous for LLPs and private limited companies.
Company Incorporation Fees for filling the
registration forms
Filing of
Private Limited Company Registration Forms
It is the
final and most important step in the registration process. During the Company
Registration phase, you will have to spend a significant amount of money to
register your company in India.
The cost
of this phase is determined by and varies depending on the company's authorised
share capital. As a result, you'll need to fill out some paperwork, including
the Company's MOA and AOA.
Company Incorporation Fees from a CA or Online
Service Provider
So the
aforementioned pricing is the standard government fee for private limited company
registration online in India.
If we
include the professional charge of a Chartered Accountant, it ranges from
5000/- to 10000/- Rupees in different areas and expertise of CA's or Online
Portals, according to our research.
Depending
on the number of directors, members, authorised share capital, and professional
expenses, the cost of incorporation/registration of a Pvt Ltd company can range
from INR 6,000 to INR 30,000.
You may
calculate the cost of a professional by the task's complexity.
Fees for
certain key registrations for a private limited company include: India has a
diverse range of business types, businesses, and services. Regardless of the
sort of business, all of them require some form of government
registration.
For
example, GST registration, VAT registration, IEC registration if you are in the
import-export business, Professional Tax registration, EPF registration if you
are in some type of profession, MSME registration if you are a small and
medium-firm, and so on.
Company Incorporation Fees with 1,00,000 to 2.5
crores Share Capital
The
following is the pricing structure for registering firms other than one person
and small businesses:
- The
registration price is Rs. 1,00,000 – Rs. 5,000 for organisations with a
nominal share capital of less than Rs. 1,00,000.
- The
registration price is Rs. 5,000 for organisations with a minimal share
capital of Rs. 1,00,000 to Rs. 5,00,000. For every Rs. 10,000 or fraction
thereof in nominal share capital, Rs. 400 would add.
- The
registration price for organisations with a minimal share capital of Rs.
5,00,000 to Rs. 50,00,000 is Rs 21,000 - Rs 21,000. For every Rs. 10,000
or fraction thereof in nominal share capital, Rs. 300 would add.
- For
organisations with a nominal share capital of between Rs. 50,00,000 and
Rs. one crore, the registration price is Rs 2,06,000. For every Rs. 10,000
or fraction thereof in nominal share capital, Rs. 100 would add.
- The
registration charge for companies with a nominal share capital of more
than one crore rupee is Rs 2,06,000. For every Rs. 10,000 or part thereof
in nominal share capital, an additional Rs. 75 will add, up to a maximum
of Rs. 2.50 crores.
Company Incorporation Fees without Share Capital
Companies
without a share capital are obliged to pay the following fee:
- The
registration fee for companies with a maximum of 20 members as stated in
the MOA is Rs 2,000.
- Registration
price for companies with more than 20 members as specified in the MOA is
between Rs 200 and Rs 5,000.
- The
registration price for firms with more than 200 members in the MOA Is Rs
5,000, providing the number of members in the AOA is not "unlimited."
After the first 200 members, Rs.10 will add to each member's account, up
to a maximum of Rs 10,000.
Conclusion
To
conclude, you must ensure that the new firm provides you with an MCA
Registration Fee Calculator so that you can determine the number of
registration fees you will pay. The fees charged by registration consultants
range from Rs.3000 to Rs.15000. It will be easy for you to choose a company
once you know the expenses, and you will be able to use their services to find
the greatest rates.
Online
Business Formation Consultants will show you how to determine the registration
fee and how to obtain complete information about Virtual Enterprise
Setup.
There are
numerous companies in India that provide this type of registration fee calculator.
However, not all of them provide you with the same benefits. As a result, you
should check to see if these services are provided by several companies before
settling on one.
The
government fee for a one-person company, a private limited company, or a limited
liability partnership (LLP) will vary depending on the capital, state, and
other relevant aspects.
Government
fees for forming a private limited company range from Rs.2000 to Rs.3500. The
new Digital Signature will set you back roughly Rs.900/- for a DSC Token with a
two-year validity period.
Comments
Post a Comment