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Nagpur is a lively and exciting city to endeavour enterprises in Maharashtra. If someone is ready to transform and expand their business in Nagpur, this article will help you to provide comprehensive guidance to Company Registration in Nagpur. Furthermore, we will discuss documentation for company incorporation along with its procedure. Now, whether you are a new entrepreneur or a seasoned businessman, it is significant to know about the benefits of company registration.
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Require documentation for Company Registration in Nagpur
The documentation required for company registration in Nagpur:
- Company documents:
- Draft a MOA & AOA;
- Declaration of Compliance;
- For Shareholders/ Directors:
- Passport-sized photos;
- Address proof and identity proof;
- Residence proof;
- DIN
- For Registered office:
- Recent utility bills;
- Proof of ownership like rental agreement, sale deed, etc.
- Further documents:
- All directors require a Digital Signature Certificate (DSC);
- Pass board resolution;
- Consent letters from shareholders and directors;
- Fill forms INC-9 and DIR-2;
- For Foreign Nationals (if applicable):
- Notarized copy of passport;
- Address proof needs foreign address proof;
- No objection certificate (NOC)
Benefits of Company Registration in Nagpur
Company registration in Nagpur provides various benefits to the businesses:
- Company registration attains legal recognition to businesses;
- Increase the business credibility and trustworthy suppliers, consumers and potential partners;
- Easier to attract more investment and secure loans;
- Limited liabilities;
- A company incorporated enjoys the perpetual existence;
- Companies are eligible for several tax benefits;
- Ownership transfers easily;
- Company registration secures the business name and brand;
- Registered companies can attract skilled and talented employees;
- Company incorporation is eligible to participate in government contracts and tenders;
- Company formation attracts international markets and partnership opportunities for global business opportunities;
- Comply with necessary legal regulations.
Process of registering a business name in Nagpur
- Decide company structure and size;
- Select a different and suitable business name for your company and check availability by the MCA Portal;
- Get a DSC & DIN;
- Collect and file required documents online with the MCA;
- Fill forms like SIPCe on the MCA portal along with the submission of requisite fees;
- Verification and approval from RoC;
- Receive a Certification of Incorporation;
- Apply for PAN & TAN;
- Open a bank account by using a Certificate of Company Incorporation;
- Fulfil post-company registration compliance line GST Registration; annual filing returns; and appointment of statutory auditors.
Takeaway
In conclusion, navigating the procedure of company registration in Nagpur is a bit difficult, however, having the right knowledge and guidance brings a management and rewarding experience. The supportive ecosystem of Nagpur makes it an ideal destination for businessmen to set up and enhance their ventures. By accomplishing of company registration process, one cannot just make a business entity, but become an integral part of Nagpur’s entrepreneurial tapestry.
