Skip to main content

Famous Private Limited for Annual Filing in Chennai

Famous Private Limited for Annual Filing in Chennai



If you are planning to start a business in Chennai, then you must incorporate your business. As a matter of fact, it is the only way for your business to survive in a competitive environment. This is why the government of India is encouraging local businesses to incorporate in Chennai. Moreover, this step is required to avail government incentives. It also allows you to take advantage of future strategic collaborations and contracts with big firms.

The government of India has introduced a series of financial packages for small and medium-sized enterprises. These packages are meant to promote growth of the local supply chain. In order to qualify for the schemes, a company must register in Chennai and be active on the MCA portal.

A private limited company is a business entity that is limited to 50 shareholders. The company has to adhere to strict legal formalities. For example, the company must hold an Annual General Meeting, approve draught financial statements, and submit a Balance Sheet.

The registration process for a company in Chennai depends on the type of business you are planning to set up. Private limited companies are regulated by the MCA. Generally, they require a private director who has to sign digitally.

Similarly, public limited companies need to follow strict legal formalities. Besides, their directors must obtain a Director Identification Number (DIN).

Despite the complexity of the incorporation process, there are several online services that can help you incorporate a business. In fact, the government has simplified the incorporation process.

 

Comments

Post a Comment

Popular posts from this blog

How To Find TDS exemption certificate online

Welcome to iMaster Blog +91 95000 83333 For Zero Tax certificate consultants in Chennai How To Get TDS exemption certificate online? If you have any income, but do not want to pay TDS, you can apply for a TDS Exemption Certificate online. You need to know which income types fall under the exempt category. There are several ways to get this certificate. The most convenient way is to file an application through your employer. If you meet the requirements, you can get the certificate within minutes. To do so, you must have a valid PAN.   If you are an NRI, you can file Form 13 first. The assessing officer will then expedite issuance of a TDS exemption certificate online . You can attach a copy of this certificate to an invoice you send to your client. You must note that the certificate is valid if the assessing officer does not cancel it. This means that you are not subject to lower tax rates on any income you receive .   Once you have your TDS exemption...
Post a Comment
Read more

Introduction to Accurate Private Limited Annual Filing Service

Introduction to Accurate Private Limited Annual Filing Service   In order to run a successful business, it is important that you follow all rules and regulations laid down by the government. Having a valid certificate of good standing from the state is one such requirement. However, non-compliance can have severe consequences. These include administrative dissolution of a domestic company, falling out of good standing, and losing many benefits of operating as an LLC. Private Limited Companies in India are governed by MCA (Ministry of Corporate Affairs). They are legal entities, and must abide by laws and regulations. This is why it is important to file a ROC annual return. The ROC form has to be filed within 60 days from the AGM. If the annual returns are not filed within the required time, the company may face penalties. Another important factor to remember when filing a ROC is that the company must maintain books of accounts. This helps you to identify an...
Post a Comment
Read more