Lucknow is the capital of Uttar Pradesh, which is vibrant and needs a strategic roadmap and a solid foundation. Lucknow has a rich cultural heritage and expanding business opportunities, providing a promising environment for businesses. The article is all about the company registration in Lucknow along with the essential steps and needs. From selecting a unique business name to examining the digital aspects of submission of documents.
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Necessary documents for Company Registration in Lucknow:
Here are the necessary documents for company registration:
- In case of Registered office: NOC from property owner, utility bill (gas, electricity, water) not older than two months, and registered office proof.
- Company: Board resolution for authorization, MOA, AOA, power of attorney, compliance declaration, Director’s consent (DIR-2), and board resolution.
- For Shareholders and Directors: Need passport-sized photographs, passport, email address, Aadhar card, PAN Card, voter ID
- Other required documents: Director’s DSC & DIN; PAN & TAN of the company; and Name Approval Certificate.
- Additional Documents for foreign nationals: Bank statement, passport, proof of address, and bank statement.
- Additional Documents for LLP: Consent of partners, agreement of LLP, and Form 7 for partners.
Process of Company Registration:
Procedure that needs to be followed by company registration :
Significance of Company Registration :
The Significance of Company Registration:
- Registration gives your business legal recognition.
- Limited liability is significant for a private limited company as it provides to its shareholders.
- Safeguarding from others using identical or similar names.
- Registered companies open the gate for sources of funding like private investments, bank loans, and venture capital.
- Have several tax benefits and incentives given by the government.
- Registered companies generally have more trust and higher credibility in front of suppliers, consumers, and potential business partners.
- Easy to transfer the ownership of a company.
- Entities enjoy the global expansion of their business.
FAQs related to Company Registration in Lucknow:
1.What kinds of business entities can be registered in Lucknow?
Ans. There are several types of business entities can be registered in Lucknow:
- Sole proprietorship;
- Partnerships;
- Limited Liability Partnerships (LLPs);
- Private Limited Companies registration in Lucknow
2.How long does it take to register a company in Lucknow?
Ans. There are 15 to 20 business days timeline for company registration services in Lucknow.
3.Can someone register a company online in Lucknow?
Ans. Yes, the whole procedure of company registration can be done online by the MCA portal.
Conclusion
We conclude that the journey of Company registration is a thrilling adventure with a critical undertaking for business. We have explored the procedure along with solving certain queries. The certificate of incorporation obtained from the RoC is not about the legal document, it is a symbol of commitment to a dynamic business ecosystem of Lucknow. In Lucknow, there are several opportunities and company registration is key to unlocking all of them.