We at Orlanda understand the importance of our clients registration as
this is a process by which a company files required documents detailing the particulars of a business establishments, business address so that it can be under the jurisdictions of government of India.

• GST Registration
• GST Registration for Foreigner
• Professional Tax
• TAN Registration
• ESI Registration
• EPF Registration
• MSME Registration
• Import Export Code
• FSSAI Registration
• Digital Signature
• Trade Mark Registration
• Copyright Registration
• Patent Registration

GST stands for Goods and Services Tax. It will be imposed by the state and central governments and will be subsume most of the indirect taxes such as VAT, Service Tax, etc.Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim input tax credit of GST paid or could be penalised. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.
Documents Required for Sole proprietorship / Individual:
 Copy PAN card and ID Proof of the Individual with Photograph
 Copy of Cancelled Cheque or Bank Statement
 Copy of electricity bill/landline bill, water Bill
 Rent agreement (in case premises are rented)
 NOC OF OWNER
Documents required for Private Limited Company (Pvt Ltd)/Public Company (limited company)/One person company (OPC):
 PAN card of the company
 Registration Certificate of the company
 Memorandum of Association (MOA) /Articles of Association (AOA)
 Copy of Bank Statement
 Copy of Board resolution
 PAN and ID proof of director with Photograph
 Copy of electricity bill/ landline bill/ water Bill, of Registered Office
 Rent agreement (in case premises are rented)
Documents required for Partnership:
 PAN card of the Partnership
 Partnership Deed
 Copy of Bank Statement
 PAN and ID proof of designated partners with Photograph
 Copy of electricity bill/landline bill, water Bill of Registered Office
 Rent agreement (in case premises are rented)

GST Registration for Foreigner(Non Resident)
“Non-resident taxable person” means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India.
A non-resident taxable person making taxable supply in India has to compulsorily take registration. There is no threshold limit for registration. A non-resident taxable person cannot exercise the option to pay tax under composition levy.
Non-resident taxpayers are required to obtain GST registration as a Non-Resident Foreign Taxpayer 5 days prior to the undertaking business in India. An application for GST registration for foreign non-resident taxable person must be made through an authorised agent in India. Once, an application for GST registration is filed, a transaction number would be generated. Using the transaction number, GST deposit must be made by the taxpayer to obtain GST registration in India.
Orlanda can help you obtain GST registration in India and maintain GST compliance. The average time taken to obtain GST Certificate is about 10 – 15 working days, subject to government processing time and client document submission.

Professional Tax
Professional tax is a tax that is levied by a state government and has to be compulsorily paid by every member of staff employed in private companies.
Professional tax is collected by the employers from the monthly salaries. This tax is levied based on slab rates depending on the gross income of the individual. In case of other class of Individuals, this tax is liable to be paid by the person himself. Orlanda can help obtain professional tax registration in India.

TAN Registration
TAN or Tax Deduction and Collection Number (TAN) is mandatory required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government.
The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government – quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source.
However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, etc.
To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents. Orlanda can help obtain TAN

ESI Registration
Employee State Insurance (ESI Registration) Registration is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit, disablement benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family.
ESI contribution (Contribution of 4.75% by employer and 1.75% by employee) is mandatory for employees whose earnings INR 21,000 or less per month. This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948,
Documents required:
 registration certificate or a license obtained under Shops and Establishment Act or Factories Act.
 Certificate of registration (Memorandum and Articles of Association in case of a private limited company, partnership deed for LLPs, etc).
 Certificate of registration for all entities and commencement of production for factories.
 A list of employees with their monthly compensation, in detail.
 A list of directors, partners and shareholders of the company.
 The PAN card of the business and address proof of the establishment/firm.
 Bank statements of the organization, with evidence of commencement of operation.
ADVANTAGES OF ESI REGISTRATION
 It provides complete medical benefits
 It includes dependant
 It can be used at different ESI dispensaries and hospitals
 Any payments made will be reimbursed
 It takes the needs of the disabled into account
 Access to Medical care in ESI Dispensaries/Hospitals
MSME Registration
MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act. Though the MSME registration is not statutory.
The registration for a medium enterprise which is engaged in manufacturing is necessary to be registered for other enterprises registration is optional.
Benefits:
 Cheaper Bank Loans
 Tax Benefits
 Preference During The Tender Process
 Access To Various Schemes And
 Incentives Of Government.
EPF Registration
Employees Provident Fund (EPF) is one of the main platform of savings in India for nearly all people working in Government, Private or Public sector organizations. It is implemented by the Employees Provident Fund Organization (EPFO) of India. Companies which have employees (contractual and permanent ) strength of 20 or more are required to be registered with PF Department.
The EPF is a social security scheme having the government guarantee to its members. Smaller organisations which do not have the minimum strength can voluntarily register themselves. Companies which grow to a strength of 20 members are expected to register themselves within one month from the time of attaining this strength, with penalties applicable for delays in registration. Employees Provident Fund is done through Orlanda.
Document Required for:
 PAN Card copy of Proprietorship/firm/company/society/trust
 Address Proof of establishment (Rent agreement, Water/Electricity/Telephone Bill in the name of establishment)
 Cancelled cheque (bearing pre-printed name & a/c no)
 Partnership deed (In case of partnership)
 Certificate of Registration (In case of Proprietorship/ Partnership)
 Certificate of incorporation (In case of company/ society trust)
 copy of memorandum and Articles of Association (Public and Private Limited Companies)
EPF Registration Procedure for Employers:
 Employers need to provide the following details:
 Name and address of company
 Head office and branch details
 Mention date of incorporation/registration of company
 Fill up details of employees – total employee strength
 Activity the business/enterprise is involved in – i.e. manufacturing, production, service, etc.
 Legal details – This pertains to legal status of a company, i.e. whether it is a private firm/public company, partnership or society, etc.
 Owner details, including designation and address of Directors and partners
 Particulars related to wage component of employees, i.e. total wage disbursed during a month
 Details of bank with whom company has banking relationship
 PAN details
 Basic details of employee (name, date of joining, salary, etc.)

Import Export Code
Import Export Code is required for any person importing or exporting goods and services to or from India.All importers must mention their IE Code while clearing customs when their goods arrive in India. All exporters must mention their IE Code while exporting their goods from India. Additionally, now RBI requests person importing or exporting services to also mention IE Code in foreign remittances in bank account. Therefore, IE Code is required for anyone involved in import or export in India.
IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes when issued can be used by the entity throughout its existence and doesn’t require any renewal or filing.
IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 10 – 15 working days.
Document Required for:
 Digital Photograph of of Proprietor/ Managing Partner/ Director.
 Copy of PAN card.
 Copy of Passport (first & last page)/Voter’s I-Card/ Driving Licence/UID (Aadhar card) (any one of these) of Proprietor/ Managing Partner/ Director
 Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased; or latest electricity /telephone bill.
 Bank Certificate as per ANF 2A(I)/ Cancelled Cheque bearing pre-printed name of applicant and A/C No.
 Copy of Partnership Deed/Certificate of incorporation as issued by the RoC.
FSSAI Registration
Food Safety and Standards Authority of India (FSSAI) has been established under the Food Safety and Security Act of 2006 that sets standards for food products based on science and regulates their production, storage, distribution, sales and imports to ensure they are safe for consumption.
FSSAI Registration is essential for all the operators of Food Business weather wholesalers, manufacturers, suppliers, traders, Re-packers, etc. There are different types of FSSAI Registration & the type of FSSAI Registration depends upon the annual turnover of the Food Business. No person shall commence or carry on any food business except under a license with exception of a tiny food business operator, but they shall register themselves with food authority.
Orlanda can help your business obtain FSSAI Registration/ Renewal quickly.

Digital Signature
The digital equivalent of a handwritten signature or stamped seal, but offering far more inherent security, a digital signature is intended to solve the problem of tampering and impersonation in digital communications.
Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically.
Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc.,
There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature.
Class I type of Digital Signatures are only used for securing email communication.
Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department.
Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions.

Trade Mark

A Trademark is a “brand” or “logo” which may be a word, name, device, label or numerals used by a business to distinguish your product from those of your competitors. A registered trademark is an intangible asset or intellectual property for a business. Through trademark registration you can protect your brand or logo by restricting other people from using the same. Proposed trademarks that are similar or identical to an existing registered trademark cannot be registered.
Trademarks in India are registered by the Controller General of Patents Designs and Trademarks, Ministry of Commerce and Industry, Government of India. Trademarks are registered under the Trademark Act, 1999 and provide the trademark owner with a right to sue for damages when infringements of trademarks occur. Once a trademark is registered, R symbol can be used and the registration will be valid for 10 years. Registered trademarks nearing expiry can be easily renewed by filing a trademark renewal application for a period of another 10 years.

Document required for Trademark Registration:
 Identity and Business Proof
Identity proof like passport, drivers license, aadhaar card, voters id or ration card for the trademark owner or person authorised by the trademark owner for filing the trademark application.In case of legal entity or registered body, then partnership deed or incoporation certificate or registration certificate is required.
 Logo with Tagline
If the trademark application is made for a word, logo is not required. In all other cases, logo must be submitted preferably in black and white format. The logo must contain the exact words mentioned in the trademark application.
 Form-48 and User Affidavit
Form-48 authorises an Attorney to file a trademark application on your behalf with the Trademark Registrar. In case a claim for previous use is made on the trademark application, then trademark user affidavit must be submitted.

Copyright Registration
Copyright registration in India is enrolled under Copyright Act, 1957.Copyright is a form of intellectual property protection like trademark and patents. A copyright is a legal right given by the law to creators of literary, dramatic, musical and artistic works and producers of cinematographic films and sound recordings. Sometimes even businesses and start-ups get copyright registration related to instruction manuals, product literature and user guides.
Copyright provides a kind of safety so that the work carried out by the creator of work cannot be copied by anyone and to restore the uniqueness of the product. There are bundles of rights under Copyright like communication to the public, the rights of reproduction, adaptation, and translation of the work. Usually, copyright is possessed by a creator of the work, but sometimes even the employer of its creator or the person who has authorised the work can own the copyright.

Documents Required for Copyright Registration
PERSONAL DETAILS
 Name, Address & Nationality of the Applicant
 Nature of the Applicant’s Interest in the Copyright
(State whether the applicant is the author of the work or the representative of the author.)
NATURE OF THE WORK
 Class & Description of the Work
(Literary or artistic work, for example)
 Title of the Work
(In case of a website, give the URL of the website
 Language of the Work)
(Whether English or Hindi, or any combination of languages)
 If Published, the Date of Publication
(Publication in internal magazines, like a company magazine or a research paper submitted to a professor does not count as publication.)

Reasons to Register a Copyright
Legal Protection
The creators or owners of original work can always protect their work through copyright registration. It helps them against infringement.
Market Presence
With copyright registration, our creative work is gets promoted among mass in a single go. It can be easily used for publicising or for marketing in the mind of the customer.
Rights of the Owner
Rights over dissemination, translation, reproduction and adaptation of work have been fully assigned to the creator of work.
Protection
Copyright registration helps us in protecting our unique work and will act as an evidence in the court of law over ownership of the work.
Restricts Unauthorised Reproduction
It restricts to produce duplicity of the unique work and give more preference to the owner of work.
Creation of Asset
It generates an intellectual property. Registered copyrights can be sold, commercially contracted or franchised with the prior permission of the owner.

Branding or Goodwill
As it is always said, branding plays an important role in promoting your work. So, Copyright registration can even help you to create a sense of goodwill and quality in the minds of your customer.
Global Protection
India allows or provides privilege to the work which copyrighted in many other countries and vice-versa. Copyright registration in India is accorded protection in many other countries.
Makes Work Known
People come to know about registered work easily and it is easily searchable on many platforms with the registered database.
Procedure for Copyright Registration
Application Preparation
We will prepare copyright application within 2 – 3 working days based on the information provided.
Copyright Filing
Once, the copyright application is prepared and signed by you, we can file it with the Copyright Registrar electronically or manually.
Copyright Registration
Once the copyright application is filed with the Registrar, the Government processing will start. Copyright registration takes anywhere between 2 – 3 months.

Patent Registration
http://www.leintelligensia.com
A patent registration helps you to get a patent of an itellectual property right to an invention carried out by an individual or firm. IP department has been initiated by Indian government to grant you the full right to register your invention under patent (but only if it is unique). In return the inventor must produce all the proofs related to the invention as asked by the government. It also ensures that owner gets more preference over other person for your particular invention.
In India, Patent is being governed by the Patent Act 1970 & Patent Rules 1972. By patenting an invention, the patentee is able to control the making, using, selling or importing of the patented product or process for producing that product without his/her consent. Patent registrations have a validity of 20 years from the date of filing of patent application, irrespective of whether it is filed with provisional or complete specification.
Patent registration applications are handled by the The Patent Office, Controller General of Patents, Designs & Trade Marks. Patent applications can be filed electronically with provisional or complete specification, at the appropriate Patent Office. Orlanda can help you file a patent application in India.
Reasons to Register a Patent
 Protection for a period of 20 years in India
 Get royalty by licensing your patent
 Legal Protection:Only owners of registered patents are allowed to take action or sue for damages in case of patent infringement. Patent protection is not enforceable for inventions that are not registered.
 Stop others from using your invention without your permission
 Creation of Asset
 Global Patent Protection

Procedure for Patent Registration
Prepare Application
we will prepare the patent application for your business based on your requirements and information. (5 Working Days )

Patent Submission

After the final review, we will file the Patent application with Indian Patent office Electronically. (2 Working Days)
Application Tracking

After submitting all the documents and Patent application, we will mail you the acknowledgement regarding same and the Government processing will start.

Complying with Indian tax laws requires effort, time and knowledge, particularly as the risk of non-compliance has increased significantly.This includes corporate income taxes, GST, Custom Duty, social security taxes, state/ provincial and municipal income taxes, land transfer taxes, stamp duties and taxes.

• Income Tax Filing
• GST Filing
• TDS Return
• ESI return

• Proprietorship
• Partnership
• LLP

• Name Change
• Registered Office Change
• Add Partner
• Winding up of LLP/Partnership

Main Income Tax Return Types
ITR -1 (SAHAJ)
An Individual having :
 Income from other sources
 Salary
 Pension
 Income from one house property
 Agriculture Income less than Rs. 5,000.
 Total Income is less than Rs. 50 lakh.
ITR -2
An Individual or Hindu Undivided Families(HUF) having :
 Income from items in ITR 1 which is more than Rs. 50 lakh.
 Income from capital gains.
 Foreign Income.
 Agricultural Income more than Rs. 5,000.
 Income from Business or Profession under a Partnership firm.
ITR-4 (Sugam)
An Individual or Hindu Undivided Families(HUF) having :
 Income from a proprietary business or profession.
ITR-5
Used By:
 Firm
 Limited Liability Partnerships
 Association of Person
 Body of Individuals
 Artificial Juridical Persons
 Local Authority or Co-operative Society
ITR -6
Used By Companies:
 One Person Company
 Private Limited Company
 Public Limited Company
 Other For-Profit Companies.
ITR -7
Used By:
 Persons
 Political Parties
 News Agencies
 Universities
 Entities In Receipt Of Income From Property Held Under Trust For Charitable Or Religious Purposes.
Reasons For Income tax Filing:
 Filing of ITR Return is basically a legal obligation.
 It also helps in getting bank loans.
 Visas
 For claiming refund against excess income tax paid.
 As a proof of income certificate.
 And most importantly for tax payer’s self-satisfaction.

Procedure:
 Document Collection
 Return Preparation
 Return Filing
GST filing
GST return filing is mandatory for all entities having GST registration, irrespective of business activity or sales or profitability during the return filing period. Hence, even a dormant business that obtained GST registration must file GST return.All entities having GST registration are required to file GST returns, as per the GST return due date schedule mentioned below.

Procedure:
 Information Collection
 GST Return Preparation
 GST Return Filing
Advantages of GST Return Filing:

 Single Tax System
 Ease of Business
 Lower Taxes
 Unified Platform
 Large Tax Platform

TDS Return
TAN is an alphanumeric 10 digit number required by a person who is liable to deduct Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. TDS is the amount deducted from payments of various kinds such as salary, contract payment, commission etc. This deducted amount can be adjusted against the tax due of the deductee. It is the duty of the person who is making payment to someone for specified goods or services to deduct TDS and file TDS return.

TYPES OF TDS FORMS:

TDS Return Due Date:

ESI Return
Employee’s State Insurance(ESI) registration is mandatory once a company or any other entity employs 10 or more low-earning employees. According to the Act, any employee earning less than Rs. 21,000 per month needs to contribute 1.75% of his/her pay towards the ESI, while 4.75% will be contributed towards his/her ESI by the company. ESIC’s registered companies have to file their return annually. ESI managed by Employees’ State Insurance Corporation(ESIC)under the Ministry of Labour and Employment.

Documents for ESI Returns
The following documents must be maintained regularly for filing ESI returns.
1. Attendance register
2. Register for Form 5
3. Register of wages
4. Register of any accidents on the premises
5. Inspection book
6. Monthly challans and returns submitted for ESI
Proprietorship Compliance
Proprietorship firms are required to maintain compliance, mainly includes filing of income tax return. In addition to the basic compliance, proprietorship firms may also be required to comply with TDS regulations, GST regulations, ESI regulations and others. The compliance requirement for a business would vary based on the type of entity, industry, state of incorporation, number of employees and sales turnover.

Partnership Compliance
Partnership firms are required to maintain compliance, mainly includes filing of income tax return. Partnership firms having annual turnover of over Rs.100 lakhs are also required to obtain a tax audit. In addition to the basic compliance, Partnership firms may also be required to comply with TDS regulations, GST regulations, ESI regulations and others. The compliance requirement for a business would vary based on the type of entity, industry, state of incorporation, number of employees and sales turnover.
LLP Compliance
LLP refers to Limited liability partnership and is governed by Limited Liability Partnership Act 2008. LLPs mandatorily have to maintain their financial year, as April 1st to March 31st. Hence, the Statement of Account & Solvency is to be filled on or before October 30th of every financial year and the annual return for LLPs is due on May 30th every year. LLPs are separate legal entities; therefore, it is the responsibility of the Designated Partners to maintain proper book of accounts and file annual return with the MCA each financial year.
Limited Liability Partnerships are required to file their Statement of Account & Solvency within a period of thirty (30) days from the end of six (6) months of the financial year and Annual Return within sixty (60) days from the end of the financial year.
Limited Liability Partnerships are not required to audit their books of account except where their annual turnover is more than INR 40 lakhs or if the contribution is more than INR 25 lakh. Hence, an LLP is not required to get their books of account audited if it fulfills the above-mentioned condition, making the process of annual filing simpler.
Private ltd co
Private Companies in India must conduct an Annual General Meeting at the end of each financial year and file an annual return with the Ministry of Corporate Affair to maintain compliance. For newly incorporated Companies, the Annual General Meeting should be held within 18 months from date of incorporation or 9 months from the date of closing of financial year, whichever is earlier. Subsequent Annual General Meeting should be held within 6 months from the end of that financial year. In India, normally the financial year starts on April 1st and end on 31st March. So a Company’s annual return would be on September 30th.
Annual return consists of information and documents that include the Balance Sheet of the Company, Profit & Loss Account, Compliance Certificate, Registered Office Address, Register of Member, Shares and Debentures details, Debt details and information about the Management of the Company. The annual return would also disclose the shareholding structure of the Company, changes in Directorship and details of transfers of securities.
Name Change
The name of a company or LLP can be changed by the promoters at anytime after incorporation. Some of the major reasons for change of company name are business model change, change of promoters, rebranding, etc., To change the name of a company, shareholders approval is required along with approval from the Ministry of Corporate Affairs. The change of name of a company or LLP however has no impact on the legal entity or its existence. Hence, all assets and liabilities of the entity would continue, while only the name of the company would have been changed.
Change of company name requires passing of a board resolution, obtaining name approval from MCA, passing of a special resolution and applying for approval of new company name to the MCA. If the MCA accepts the application, a new certificate of incorporation is issued. After obtaining the new certificate of incorporation, changes must be made to incorporate and change the MOA and AOA of the company as well.
Procedure for Private Limited Company Name Change:
Step 1: Board Resolution
A Board meeting must be convened to pass a resolution for change of name of the company and to authorize a Director or Company Secretary to make an application to the MCA for ascertaining availability of proposed name. At the same Board meeting, a resolution to convene an extraordinary general meeting for changing the name of the company, and altering the Memorandum of Association and Articles of Association can also be passed.
Step 2: Check Company Name Availability
Once a resolution is passed ascertaining availability of proposed company name, the authorized person can make a name application to the MCA. The procedure for name application is similar to that of the name application procedure followed during incorporation of a private limited company. Therefore, the name must be as per the Companies Act 2013 Naming Guidelines.
Step 3: Pass Special Resolution for Company Name Change
Once a name is approved by the MCA, the Company must conduct an extraordinary general meeting and pass a special resolution for change of company name, and consequential changes to the Memorandum of Association and Articles of Association.
Step 4: Application for approval of Company Name Change
Once the special resolution for change of company name is passed, the special resolution and application for approval of company name change must be filed with the Registrar of Companies. An application for company name change must be made in Form 1B along with the requisite fee.
Step 5: Issuance of New Certificate of Incorporation
If the Registrar of Companies is satisfied with the company name change application, the Registrar would issue a new certificate of incorporation. It is important to note that the company name change is said to be complete and effective on issuance of new incorporation certificate by the Registrar of Companies.
Step 6: Make Changes to MOA and AOA
Subsequent to the issuance of the new incorporation certificate, steps must be taken to incorporate the new company name in all the copies of Memorandum of Association, Articles of Association and Certificate of Incorporation issued by the Registrar.

Registered office change
The registered office of a Company or LLP is the principle place of business for a private / public limited company and all official correspondence from the Ministry of Corporate Affairs is sent to this location. The registered office of a Company or LLP can be changed within the local limits of any city, town or village where such office is situated by just giving a Notice of every change of the situation of the registered office, verified in the manner prescribed, after the date of incorporation of the company, shall be given to the Registrar within fifteen days of the change, who shall record the same.
Resolutions to be passed by the Company
 The Company has to pass a special resolution in a general meeting, if it wants to change the Registered office to a place which is outside the local limits of the city, town or village in which the registered office is presently located.
 The Company will have to pass a Board Resolution to authorise a director to sign and submit form INC-22.
Approvals required for change of registered office within the same state but with a different ROC
 If the company wants to change the registered office from the jurisdiction of one ROC to the jurisdiction of another ROC within the same state, the company has to apply for the approval of the Regional director (RD) in the prescribed manner (Form INC-23). Once the change is confirmed by the RD, the company has to file such confirmation to the ROC within a period of sixty days from the date of confirmation of the RD.
 The registrar shall confirm the change of the registered office within 30 days from the date of filing of the confirmation.
Change of Registered office from one state to another state
 For changing the Registered office from one state to another, the company needs to amend the MOA.
 A special resolution needs to be passed by the company for alteration in the MOA. This special resolution also needs to be filed to the ROC in Form MGT-14 within 30 days of passing the resolution.
 For changing the Registered office from one state to another, the company needs to get the approval of the CG in form INC-23. Following documents are to be attached alongwith the application in form INC-23 for change of registered office from one state to another:
 A copy of the memorandum and articles of association;
 a copy of the notice convening the general meeting along with relevant Explanatory Statement;
 a copy of the special resolution sanctioning the alteration by the members of the company;
 a copy of the minutes of the general meeting at which the resolution authorizing such alteration was passed, giving details of the number of votes cast in favour or against the resolution;
 an affidavit verifying the application;
 the list of creditors and debenture holders entitled to object to the application;
 an affidavit verifying the list of creditors;
 the document relating to payment of application fee;
 a copy of board resolution or Power of Attorney or the executed Vakalatnama, as the case may be.
 The Central Government shall dispose of the application for change of registered office outside the state within a period of sixty days and before passing its order may satisfy itself that the alteration has the consent of the creditors, debenture-holders and other persons concerned with the company.
 The approval of the CG shall be filed with the Registrars of both the states in which the old and the new registered office of the company are situated.
 Registrar of the State where the registered office is being shifted to, shall register the change, and shall issue a fresh certificate of incorporation indicating the alteration.
Add partner
Partners in a LLP are responsible for the carrying on the business of the LLP. To add a Partner to a LLP, the person proposing to become a Partner must obtain a digital signature certificate (DSC) and director identification number (DIN). DIN can be obtained for any person who is above the age of 18. The nationality or residency status of the DIN applicant does not matters. Hence, Indian Nationals, Non-Resident Indians and Foreign Nationals can obtain DIN and be appointed as Partner of a LLP in India.
 All the existing partners of the LLP will call a meeting and pass a resolution to add a designated partner in the partnership deed.
 A supplementary partnership deed will be drafted in which the new partner’s name will be added.
 Then the consent of the incoming partner will be taken in writing.
 After these documents are prepared, Form – 4 of LLP will be filed within 30 days of the appointment.
 After filing this form, FORM – 3 will be filed, along with the supplementary and the original partnership deed within 30 days of appointment.
 After the filing of all these forms, the name of the designated partner will be added and will be seen on the site if the Ministry of Corporate Affairs.
Winding up of LLP/Partnership
A LLP winding up can be initiated voluntarily or by striking off or by a Tribunal. If a LLP is to initiate winding up voluntarily, then the LLP must pass a resolution to wind up the LLP with approval of at least three-fourths of the total number of Partners. If the LLP has lender’s, secured or unsecured, then the approval of the lenders would also be required for winding up of the LLP.
To begin the process for winding up of LLP, a resolution for winding up of LLP must be passed and filed with the Registrar within 30 days of passing of the resolution. On the date of passing of resolution of winding up of LLP.
Documents Required To Close a Limited Liability Partnership:
 A Board Resolution in favor of winding up
 Consent Letter of the Creditors
 Report regarding the current valuation of the assets of the LLP, by a recognized Valuer
 Statement of Accounts
 Statement of Assets, Liabilities, Debts, etc. of the LLP at the time of closure
 Affidavits from the Designated Partners
 Indemnity Bonds

Members’ Voluntary Winding Up
To start the liquidation process for a LLP, a greater part of the designated partners, will have to make a declaration that the LLP has no debt or that it will be competent to pay the debts in full within a period of not more than 1 year from the start of winding up.
The LLP has to appoint a liquidator or provisional liquidator to wind up its affairs and file the necessary notifications required under the LLP Act. Voluntary winding up will be deemed to start on the date of passing of resolution for the reason of voluntary winding up. The declaration for winding up of LLP, statement of assets and liabilities and other documents for winding up of the LLP must be submitted to the Registrar of Companies within a period of 15 days from the date of passing of the resolution.
Creditors’ Voluntary Winding Up
An LLP may decide to opt for creditors’ voluntary winding up if its partners are of the opinion that it cannot by reason of its liabilities continue its business. The LLP will have to convene a meeting of its creditors to allow them to consider its proposal for the company to be wound up. If the creditors agree, the LLP has to appoint a liquidator or provisional liquidator to wind up its affairs and file the necessary notifications required under the LLP Act.
Compulsory Winding Up
An LLP may be wound up under an Order of the Court under certain circumstances e.g. the LLP is unable to pay its debts. The Court may appoint a liquidator to wind up the affairs of the LLP. Where no liquidator is appointed by the Court, the Official Receiver shall be the liquidator of the LLP. The liquidator will file the necessary notifications required under the LLP Act.
Winding Up by Tribunal
Winding up of LLP can be initiated by a Tribunal for the following reasons:
 The LLP wants to be wound up.
 There are less than two Partners in the LLP for a period of more than 6 months.
 The LLP is not in a position to pay its debts.
 The LLP has acted against the interests of the sovereignty and integrity of India, the security of State or public order.
 The LLP has not filed with the Registrar Statement of Accounts and Solvency or LLP Annual Returns for any five consecutive financial years.
 The Tribunal is of the opinion that it is just and equitable that the LLP should be wound up.

DISSOLUTION OF FIRM:

Dissolution of a firm means a firm ceases to exist. The relationship existing between the partners discontinues. The whole firm is dissolved and the partnership terminates. The dissolution of partnership between all the partners of the firm is called the DISSOLUTION OF THE FIRM’ [sec.39].Dissolution puts an end to the right of the partners to exist as a going concern and is followed by its liquidation.
Dissolution of a firm is different from dissolution of partnership. Dissolution of partnership involves a change in the relationship of partners and a new firm is reconstituted.For eg:- A, B and C are partners in the firm and C retires.The partnership between A, B and C comes to an end and partnership between A and B comes into being. Thus retirement of a partner does not dissolve the firm. It merely severs the relation between retiring partner and continuing partners.
Mode of Dissolution:
https://www.scribd.com/doc/21261009/Dissolution-of-firm-project-report

A.Term Loan
B.Working Capital
C.Collateral Free Loan
D.CMA Report Preparation

Term Loan
The Term loan is a type of loan, which has to be paid in regular installments over time. Term loans are typically sanctioned for an acquiring or constructing or installing capital assets. Term loans in India are provided for a tenure of anywhere between 3 to 10 years based on the project, projected financial and other factors. The interest rate for the term loan will be based on the credit worthiness of the borrower and is usually a fixed spread over the banks base lending rate.

Types of Term Loan:
Long Term
Intermediate Term Loan
Short Term Loan

Purpose of Term Loan:

Capital Expenditure
New Industrial Undertaking
Expansion of Existing One
Acquisition of Movable Assets

Documents Required For Term Loan:
Audited Financial Statement of last 3 years along with Income Tax Return Acknowledgement.
Provisional Balance Sheet for Current Year.
Projection of Sale, Purchase, Stock & Raw material Consumption for the next year.
Quotation of Machinery that you will Purchase.
Installed Capacity , Licensed Capacity -Existing & Proposed, Envisaged Capacity Utilization.
Details of Raw Material Requirement, Calculation, How desired? Source of Supply And Supply Position. The cost of raw material supported by current quotation.
Maintenance arrangement & costs thereof.
Detailed Project report & Project implement Schedule.
Additionally, you have to mention the cost already incurred.
Sources of such Expenditure.
The request Letter.

Procedure For Term Loan:

Submission of Loan Application
Initial Processing of Loan Application
Appraisal of the Proposed Project
Issue of Letter of Sanction
Acceptance of Terms & Conditions
Execution of Loan Agreement
Creation of Security
Disbursement of loan
Monitoring
Advantages of Term Loans:
The loan is cheap for the borrower.
The interest that the borrower pays on the term loan is tax deductible and hence can avail tax benefit on the interest paid.
The term loans are negotiable and hence the terms and conditions of the loan are not rigid.
The term loans represent debt financing and the interest of the equity shareholder is not weakened.
The lender will have a collateral security and hence the loan is not a huge risk to the financial institution.
Since the borrower will be making regular payments towards the principal loan amount and interest, the lender will have a regular and steady income.
Since the loan can be converted to equity, the lender can get the right to control the affairs of the business or firm.

Working Capital

Working Capital Loan can be defined as a loan availed by the firms for covering their daily operational expenses. These loans are the excellent way for the businesses to become more focused on their growth and generate capital. The working capital loans in India have become popular among the business owners for tackling with their financial needs. These loans are not used for buying long-term assets and generally used for covering wages, accounts payable and other similar operations.

This loan is applicable for the small & medium enterprises for augmenting their working capital needs and meeting the daily operational expenditure. The majority of the working capital loans is unsecured, however the loans with high risks need some guarantee. The usual duration of a working capital in our country is from 6 to 12 months.

Types of Working Capital Loans:

Bank Overdraft Facility :
An overdraft allows business to borrow money through their current account. One advantage of this is that the borrower only pays interest for the amount that has been overdrawn.

Bank Guarantees:
A bank guarantee is when the lending institution guarantees that the liabilities of the debtor will be met, if the debtor fails to settle a debt.

Letter of Credit:
A letter of credit from a bank guarantees that the seller will receive his specified amount on a specified date if the delivery conditions are met as decided.

Packing Credit (PC):
Packing Credit is offered to exporters to help them finance the purchase and import of raw materials, and the processing and packing of the goods meant for export.

Post Shipment Finance:
Post Shipment Credit is offered to exporters to help them finance export sales receivables, after the date of shipment of goods till the date of realization of export proceeds.

Bill Discounting :
While discounting a bill, the Bank buys the bill (i.e. Bill of Exchange or Promissory Note) before it is due and credits the value of the bill after a discount charge to the customer’s account.

Buyer’s Credit :
A loan facility extended to an importer by a bank or financial institution to finance the purchase of capital goods or services and other big-ticket items. Buyer’s credit is a very useful mode of financing in international trade, since foreign buyers seldom pay cash for large purchases, while few exporters have the capacity to extend substantial amounts of long-term credit to their buyers. A buyer’s credit facility involves a bank that can extend credit to the importer, as well as an export finance agency based in the exporter’s country that guarantees the loan.

Factoring or Advances:
The Factoring working capital loan works in a similar way as the accounts receivable loans, the only dissimilarity is that the value of the loan is based on the future credit card receipts. This type of loan is perfect for the businesses who accept the credit card payments.

Short-term loan:
A short-term loan comes with a fixed interest rate for a maximum term of 12 months. The business’s good credit history and relationship with the lender can allow them to get a short-term loan without securing any collateral.

Equity funding from investors or personal resources:
This type of loan is perfect for a new business that does not have a good credit history. Equity funding is generally obtained from personal resources.

Benefits of Working Capital Loan:

 Cash credit or overdraft facility to meet day to day business requirements.
 Export credit facility to offer pre and post shipment capital to exporters.
 Wide range of bank guarantees to meet obligations of performance and finances.
 Buyer’s credit and letters of credit as non-fund based facilities for clients.
 Easy processing and disbursal.
 Available from a wide range of lenders and at competitive rates.
 Ensure continuation of day-to-day operations without worrying for short term financial needs.
 Large amounts for eligible clients.

Collateral Free Loan
A special type of collateral free loan scheme is available in India under the Credit Guarantee Fund Trust Scheme for Micro & Small Enterprises (CGTMSE). Under this scheme, the micro and small enterprises (MSEs) are eligible for collateral free loans up to Rs.1. crore in value. Under the MUDRA loan scheme loan of upto Rs.10 lakhs is provided for setting up and operating of micro and small enterprises in the manufacturing, processing, trading and service sector.

Documents Required for Collateral Free Loan:
Company Registration Certificate:
The certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form a corporation issued by the state government. Its precise meaning depends upon the legal system in which it is used.

MSME registration:
The registration of the business under the MSMED Act.

Individuals IT returns for three years:
Every individual filer who earns a certain amount of income must file this type of tax return – the statement of earnings from various sources of income, tax liability thereon, details of tax paid and any refunds that have to be given by the government. If company is in business for over a year then the company IT returns too.

Business proposal:
The written documents stating the sell from the seller to the prospective buyer.

Provisional balance sheet:
The financial document widely used by companies to prepare for financial audits or report financial information for any reason.

Project Report:
A document which gives an account of the project proposal to ascertain the prospects of the proposed plan/activity. The project report contains detailed information about –
Land & building required
Manufacturing capacity per annum
Manufacturing process
Machinery & equipment along with their prices & specifications
Requirements of raw materials
Power & water required
Manpower needs
Marketing
Cost of the project and production
Financial analyses & economic viability of the project

Benefits of Collateral Free Loans:
Collateral free loans are highly beneficial for people who don’t have collateral to show against a loan. Major benefits include:

 No collateral or third party guarantee needed.
 Attractive and subsidised rate of interest.
 Flexible repayment tenures up to 5 years.
 Letter of credit/bill discounting up to 180 days.
 No track record requirement.
 Product development funding.
 Moratorium period on repayment.
 Quick and hassle free processing of applications, largely due to a special cell taking charge of these requests.

CMA Report Preparation

CMA Report stands Credit Monitoring Arrangement Report. CMA data is required for Project Loans, Term Loans and Working Capital Limits. It is the report to be presented to bank to show your past financial history, current financial position and future financial planning. CMA Data is a systematic analysis of working capital management of the borrower and the purpose of this statement is to ensure the use of funds effectively.

while preparing CMA Data:
 The current ratio should be at least greator than 1.33.
 The sales should be generally 4 or 5 times of the amount of loan.
 There should be sufficient stock to act as collaterally to the loan amount.
 In case, there is another loan, the bank requires the status of the loan and defaults made, if any.
 The loan payback capacity of the firm identified by the cash and bank balance, debtors collection period etc.
Various ratios are to be computed related to working capital and assets. The capital contribution in relation to the loans and liabilities.

DOCUMENTS/INFORMATION REQUIRED TO PREPARE CMA:
 Past 2 years Audited Financial
 Provisional Financial for the current year; in the absence of provisional financial, details of the top line shall be essential
 Latest Sanction letter (in case of renewal)
 Term Loan Repayment Schedule, if any
 Details of proposed enhancement (if any) along with the terms and conditions

BENEFIT OF SUBMITTING CMA REPORT:
By submitting CMA data report with right ratios and proper presentation of usage of funds, your chances of getting the loan has been increased. Provided you follow other procedures and requirements of banks.

Organizations often face demanding financial decisions and situations requiring expertise that’s outside the realm of their internal resources – resources that may already be stretched thin.
Maybe you’re acquiring a target or integrating an acquisition, thinking of going public, facing a lawsuit, or restructuring to better position your organization for changing market conditions. Perhaps you need financial reporting or process improvement help or access to more of your cash to help grow the business.
Our Financial Advisory Services professionals deliver the specialized, objective financial advice you need to clearly understand your options, opportunities and exposures

• • Proprietorship
  • Partnership
  • One Person Company
  • Limited Liability Partnership
  • Private Limited Company
  • Nidhi Company
  • Producer Company
  • Section 8 Company

Advisory

• Financial Advise
• Tax Advise
• Employee Benefit Advice

Proprietorship or sole proprietorship which is also known as sole trader, is a type of unregistered business entity owned and operated by one person. It is also like a individual giving business name for himself to perform business activities professionally. And used by most micro and small businesses operating in the unorganized sectors. When an individual decided to perform business as sole trader or as Proprietor then the business name has to be registered with one of many options available such as GST, IE code, MSME etc., with the government to make the business legal.

Registering Proprietorship Certificate On Your Own:
 Decide what type of certificate you are planning to register.
 Enter the government portal and register in right forms .
 Upload the forms and documents and make any payment required in Government portal.
 Follow up with the officials and get your certificate delivered.

Advantages of a Proprietorship

Minimal Compliance
Sole Proprietorships are only recognised via their government and tax registrations, so the extent of their compliance is limited to the annual filing of their GST or professional.

Easy to Start
A sole proprietorship could take 15 days to start if all you need is a Service Tax Registration, but this would stretch to even 45 days if you need Sales Tax Registration. Either way, the process is uncomplicated. PAN card and identity and address proofs are enough to get them done.

Relatively Inexpensive
A Sole Proprietorship is inexpensive as compared to a One Person Company (OPC) and, thanks to the minimal compliance requirements, is inexpensive even over the long-term. You would not need to hire an auditor, for example. This is why, despite its severe shortcoming (unlimited liability), small merchants and traders opt for it.
Orlanda Register Proprietorship for You

Setting Up a Partnership
Partnership in India, start with minimum two persons shall come together to carry on certain activities with the object of earning Profit. Here, a Partnership Firm cannot be formed with charitable object. Partnership Firm which shall not exceed 50 number of partners.
A Partnership Firm, under Indian Partnership Act, 1932, is classified under two main heads being Unregistered and Registered Partnership Firm. Both types of firm are legal and valid to carry on the business under the Act. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages. Partnership firms are created by drafting a Partnership deed amongst the Partners. . Orlanda can help start a registered or un-registered Partnership firm in India

Document Required for Partnership Registration:

 Name and Address of the Firm as well as Partners.
 PAN No of Firm and All individual Partners.
 Identity Proof of All Partners ( Aadhaar, Voter ID, Passport)
 Address Proof Of the Firm ( Electricity Bill, Rent Agreement, Phone Bill)
 Nature of Business to be Carried on
 Date of Commencement of Business
 Capital Contribution of each Partners
 Profit Sharing Ratio Of the Partners
 Duration OF Partnership (Whether Fixed Period Or Project)

Procedure to Partnership Registration:

Partnership Deed Drafting
Orlanda will start first understanding your business, Partners, Partnership structure and other relevant details to draft a Partnership Deed that is acceptable to all Partners.
Partnership Deed Registration
Orlanda will help you register the Partnership Deed with the relevant authorities to make the Partnership a Registered Partnership Firm.
Obtaining PAN & TAN
Based on the requirement Orlanda will help you obtain PAN and TAN registration for your Partnership Firm from the relevant Authorities once the Partnership Firm is registered.
Reasons to Register a Partnership:
 Assures flexibility of Operations and Administration.
 Partners can come together for pre-defined period and completing specific Object or Project .
 Unregistered Firm can be registered at any time after formation.
 Tasks and Responsibilities are shared among Partners as per Agreement.
 Various types of Returns to the partners (deductible under Income Tax up to limit prescribed) .
 Easy admission and resignation of Partners.
 Easy Transfer of Ownership with or without diluting share of Profit .
 Easy dissolution or conversion into corporate form such as Pvt Co & LLP.
 Least Compliance Requirements compared to other entity.
One Person Company
The concept of One Person Company (OPC) is a new one and was introduced through the Companies Act 2013. It is basically to provide corporate identity to small businesses. One Person Company is a hybrid of Sole-Proprietor and Company form of business, and has been provided with concessional/relaxed requirements under the Act.
 It is a separate legal entity yet only one person is responsible for the workings of the company. A total contrast from what Sole Proprietorship offers.
 There can be only one member at a time. However, one nominee is mandatory to be appointed. This member and nominee cannot be a minor.
 Only a natural person is a citizen and resident of India can start a One Person Company. A resident of India here refers to a person who has lived in India for more than 182 days in the preceding year. Even a nominee of an OPC must fulfil these requirements.
 Anyone can start his own company due to its easy and cheap registration, limited liability and legal identity.
 An OPC can be limited by guarantee or limited by shares or an unlimited company.
Restrictions:
 The person who is already a member or nominee of 1 OPC, cannot incorporate more than one OPC or become nominee in more than one such company.
 No minor shall become member or nominee of the OPC or can hold share with beneficial interest.
 OPC cannot be incorporated or converted into a company under section 8 of the Act.
 OPC cannot carry out Non-Banking Financial Investment activities including investment in securities of any body corporate.
 No such company can convert voluntarily into any kind of company unless two years have expired from the date of incorporation of OPC, except threshold limit (Paid Up share Capital).
Exemptions of One Person Company:
 Sign on annual returns
 Hold Annual General Meetings and Board Meetings
 Sign on Financial Statements
 Option to dispense with the requirement of holding an AGM.
 The power of Tribunal to call meetings of members.
 Calling of an extraordinary general meeting.
 Notice of meeting
 Statement to be annexed to notice.
 The quorum for meetings.
 Chairman of meetings.
 Proxies
 Restriction on voting rights.
 Voting by show of hands.
 Voting through electronic means.
 Demand for the poll.
 Postal ballot.
 Circulation of members’ resolution.
Steps to Incorporate One Person Company (OPC):
 Obtain Digital Signature Certificate [DSC] for the proposed Director(s).
 Obtain Director Identification Number [DIN] for the proposed director(s).
 Select suitable Company Name, and make an application to the Ministry of Corporate Office for availability of name.
 Draft Memorandum of Association and Articles of Association [MOA & AOA].
 Sign and file various documents including MOA & AOA with the Registrar of Companies electronically.
 Payment of Requisite fee to Ministry of Corporate Affairs and also Stamp Duty.
 Scrutiny of documents at Registrar of Companies [ROC].
 Receipt of Certificate of Registration/Incorporation from ROC.

The Advantages of One Person Company are as follows:
 A Separate legal entity
 Easy Funding
 More opportunities, Limited liability
 Benefits of being a Small Scale Industries (SSI)
 Single Owner
 Credit rating
 Benefits under Income Tax Law
 Increased Trust and prestige

Setting up a Limited Liability Partnership (LLP)
An LLP is really a hybrid of a partnership and a limited company. Unlike an ordinary partnership, each partner’s liability is limited to the money they have invested in the business and the amount of personal guarantees they have given to raise finance.
A Limited Liability Partnership can be started with any amount of capital contribution by the Partners as there is no minimum requirement prescribed in this regard. The Partners can contribute in any amount agreed and in any form being tangible (cash, premise) or intangible (goodwill, intellectual property). The amount of cash agreed to be contributed is required to be deposited in the account of LLP after incorporation and not later than 1 year. Further, capital mentioned while name application cannot be changed till filing of LLP agreement.
The main advantage of a Limited Liability Partnership over a traditional partnership firm is that in a LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. A LLP also provides limited liability protection for the owners from the debts of the LLP. Therefore, all partners in a LLP enjoy a form of limited liability protection for each individual’s protection within the partnership, similar to that of the shareholders of a private limited company. However, unlike private limited company shareholder, the partners of a LLP have the right to manage the business directly.

Documents required for registering LLP in India:
Documents of both partners, as well as the partnership firm, have to be submitted for registering the LLP.
 ID Proof of Partners
 Address Proof of Partners (Voter’s ID, Passport, Driver’s license or Aadhar Card)
 Residence Proof of Partners (Latest bank statement, telephone bill, mobile bill, electricity bill or gas bill)
 Photograph
 Passport (in case of Foreign Nationals/ NRIs)
 Digital Signature Certificate
 Proof of Registered Office Address
Advantages of Registering a Limited Liability Partnership:

 Lowest Registration Cost to get entry into Corporate World
 Centralised registration allowing transparency of Transactions
 Assures flexibility of Partnership & benefits of Private Company
 Management and administration as agreed by LLP Agreement
 Liability of Partners Limited to the extent of capital
 Various types of Returns to the partners
 Easy Transfer of Ownership with or without diluting share of Profit
 Uninterrupted Existence irrespective of change in Partners
 Lower Compliance Requirements compared to other corporates
 One Partner not liable for actions of other Partner

Private Limited Company
A private limited company is a company privately held for small businesses. A business registered as a private limited company needs to follow the rules incorporated in the ‘Companies Act, 2013’ as well as the ‘Companies Incorporation Rules, 2014.’This type of business entity limits owner liability to their shareholdings, the members of the company are restricted from a minimum of two to a maximum of 200 and restricts shareholders from publicly trading shares. and restricts shareholders from publicly trading shares.Private limited must also have minimum of 2 directors which can extend up to 15.
A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.
Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.

Documents Required For Company Registration:
 Copy of PAN Card of directors
 Passport size photograph of directors
 Copy of Aadhaar Card/ Voter identity card of directors
 Copy of Rent agreement (If rented property)
 Electricity/ Water bill (Business Place)
 Copy of Property papers(If owned property)
 Landlord NOC (Format will be provided)

Procedure and Steps Taken for Register a Private Limited Company:
 Application for Director Identification Number (DIN) in form DIR-3 & DSC (Digital Signature Certificate).
 Search for the Company Name availability.
 Application for the Name availability.
 Drafting of Memorandum of Association (MOA) & Article of Association(AOA).
 Filing of e-forms with RoC (Registrar of Companies).
 Payment of RoC Fees & Stamp Duty.
 Verification of documents / forms by RoC
 Issue of Certificate of Incorporation by RoC

Advantages Of Private Limited Company:
 Preferred by banks, VCs & investors.
 Easy to allocate and redistribute shares to investors or other directors.
 Separate legal entity which limits your liability.
 Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.
 Easy to register, manage & run.
 Easy to dissolve or wind-up.
Nidhi Company
Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its member only, for their mutual benefit, and which complies with such rules as are prescribed by CG for regulation of such class of companies.
Reason to choose Nidhi Company:
 No External Involvement in Management
 Helpful for Lower and Middle Classes
 Low Rates of Interest
 Secured Investments
 Minimum Documentation and Formalities
Documents Required For Nidhi Company Registration:
 Proof of the registered place of business (Ownership documents/ rent or lease agreement)
 No Objection Certificate (signed by the owner/ landlord)
 Identity proofs
 Address proofs of the members
 Photos of the members
 PAN card copies of the members
 Digital Signature (DSC)
 Director Identification Number (DIN) of the directors
Procedure to Obtain Nidhi Company Registration:
 Obtain DIN & DSC
 Name search & Approval
 Drafting Necessary Documents( MOA &AOA)
 Registration
 Obtain Company PAN Card
Producer Company
Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling and export of primary produce of the Members or import of goods or services for their benefit.
Objects of the Producer Company;
 Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary production of the Members or import of goods or services for their benefit, provided that the Producer Company may carry on any of the activities specified in this clause either by itself or through other institution.
 Processing including preserving, drying, distilling, brewing, vinting, canning, and packaging of the produce of its Members
 Manufacture, sale or supply of machinery, equipment or consumables mainly to its Members.
 Providing education on the mutual assistance principles, to its Members and others.
 Rendering technical services, consultancy services, training, research and development and all other activities for the promotion of the interests of its Members.
 Generation, transmission, and distribution of power, revitalization of land and water resources, their use, conservation and communication relatable to primary produce.
 Insurance of producers or their primary produce.
 Promoting techniques of mutuality and mutual assistance.
 Welfare measures or facilities for the benefit of Members as may be decided by the Board.
 Any other activity, ancillary or incidental to any of the activities referred to in clauses (a) to (i) or other activities which may promote the principles of mutuality and mutual assistance amongst the Members in any other manner.
 Financing of procurement, processing, marketing or other activities specified in clauses (a) to (j) which include extending of credit facilities or any other financial services to its Members.”

Documents Required for Producer Company Registration:
 Copy of PAN Card of all directors
 Copy of Rent agreement(If rented property)
 Landlord NOC (Format will be provided)
 Passport size photograph of directors
 Electricity/ Water bill (Business Place)
 Copy of Aadhaar Card/ Voter identity card
 Copy of Property papers (If owned property)
Conditions for Incorporation:
 Ten or more individuals,each of them being a producer
 Two or More Producer institutions
 Combination of ten or more individuals and producer institution

Section 8 Company
Section-8 companies registered under the Section-8 of Companies Act 2013. These companies intend to promote art, commerce, sports, safety, science, research, health care, social welfare, religion, protection of the environment, etc. The main object of these companies ensure the promotion of above-mentioned fields, provided the profit is used for promoting only objects of the company & the prohibition of payment of any dividend to its members. Therefore, Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes.
BENEFITS TO REGISTER SECTION 8 COMPANY:
 Many privileges and exemptions are available to section 8 company under Company Law
 Exemption from requirement of Minimum Paid-up capital
 Exemption of Stamp duty for registration
 Non-application of Companies Auditor’s Report Order (CARO)
 Registered partnership firm can be a member in its own capacity
 Tax deductions to the donors of the Company u/s. 80G of the Income Tax

REQUIREMENTS FOR SECTION 8 COMPANY REGISTRATION:
 ID Proof, Address Proof, & Photo of Directors
 Specimen signature
 Self declaration about your directorship in other companies
 Rent agreement of your registered office
 No objection certificate from the owner
 Minimum 2 Shareholders (for Private Limited NGO) and 7 Shareholders (for Public Limited NGO)
 Minimum 2 Directors (for Private Limited Co.) and 3 Directors (for Public Limited Co.)
 The directors and shareholders can be same person
 DIN (Director Identification Number) for all the Directors
 DSC (Digital Signature Certificate) for all of the Directors
 Address proof for proposed office address