What are the compliance requirements after a company is registered?

After registering a company in India, compliance requirements include: Appointment of a Statutory Auditor within 30 days, Filing of Annual Returns (Form MGT-7), Filing Financial Statements (Form AOC-4), Conducting at least four Board Meetings annually, Income Tax Filing (ITR-6), Maintenance of Books of Accounts, and GST Filing if applicable.

Can a foreign national or NRI be a director in an Indian company?

Yes, foreign nationals and NRIs can be directors of an Indian company if: The company has at least one resident director who has lived in India for at least 182 days in the previous calendar year, they obtain a Director Identification Number (DIN) and a Digital Signature Certificate (DSC), and they provide required documents including a passport, proof of address, and a consent declaration.

How can I conduct a company name search online?

To conduct a company name search: Visit the MCA Name Availability Tool on the MCA website, enter your proposed company name in the search bar, review similar names displayed, and ensure compliance with Companies Act 2013 naming guidelines. You can also check the trademark database to ensure the name is not trademarked by another entity.

What is the difference between authorized capital and paid-up capital?

Authorized Capital is the maximum amount of share capital a company is permitted to issue as per its Memorandum of Association (MOA). Paid-Up Capital is the actual amount received by the company from shareholders for the shares issued. For example, if authorized capital is ₹10,00,000, shares cannot exceed this value. If paid-up capital is ₹5,00,000, shareholders have contributed that amount.

How much does it cost to register a company in India?

The cost depends on the type of company. Government Fees include Name Reservation (₹1,000) and SPICe+ Form Filing (₹2,000 for authorized capital up to ₹10 lakh). Professional Fees range from ₹5,000-₹20,000. Additional Costs include Digital Signature Certificate (DSC) at ₹500-₹2,000 per director. PAN and TAN are included in SPICe+ filing.

How do I open a current bank account for my company?

To open a current bank account, submit the Certificate of Incorporation, PAN, Memorandum and Articles of Association, Board Resolution authorizing account opening, and KYC documents of directors to the chosen bank.

Does a private limited company have perpetual existence?

Yes, a private limited company has perpetual existence, meaning it continues to exist regardless of changes in ownership or the death of its members.

What are articles of association and memorandum of association?

The Memorandum of Association (MOA) defines a company's objectives, scope, and relationship with external parties. The Articles of Association (AOA) outline the rules and regulations for the company's internal management and governance.

What are the penalties for non-compliance with annual filings?

Penalties include a late filing fee of ₹100 per day per form, disqualification of directors for up to 5 years, fines ranging from ₹50,000 to ₹5,00,000, and in severe cases the company may be struck off the MCA register.

What are the corporate tax rates for companies in India?

Domestic companies are taxed at 30%, or 25% if turnover is up to ₹400 crore, with a concessional rate of 22% (25.17% effective) for companies not claiming exemptions and 15% (17.16% effective) for new manufacturing companies. Foreign companies are taxed at 40%.

Is GST registration mandatory during company registration?

GST registration is not mandatory during company registration. However, it is required if the company's turnover exceeds ₹40 lakh for goods or ₹20 lakh for services. It is also mandatory for companies involved in inter-state supply or e-commerce activities.

What is the minimum and maximum number of shareholders allowed?

A private limited company requires a minimum of 2 shareholders and allows a maximum of 200. A public limited company requires a minimum of 7 shareholders, with no limit on the maximum number.

Can I register a company using a virtual office address?

Yes, you can register a company using a virtual office address, provided it is a legally valid address and you have the necessary documentation, such as a rental agreement and utility bills, to verify its authenticity.

How many days does it take to register a company?

Company registration in India usually takes about 7-10 working days if all documents are in order. Using the SPICe+ form can speed up the process since it combines multiple services like PAN, TAN, and GST registration.

Who governs and controls private limited companies in India?

Private limited companies in India are governed by the Companies Act, 2013, regulated by the Ministry of Corporate Affairs (MCA), with day-to-day operations managed by the Board of Directors. Shareholders have the power to appoint or remove directors through voting.

What documents are required for company registration in India?

Required documents include PAN cards for directors and shareholders, passport for foreign nationals, Aadhaar or Voter ID for identity proof, bank statements or utility bills for address proof, MOA and AOA, and proof of office address and rent agreement.

What are the benefits of registering a private limited company?

Benefits include limited liability, separate legal entity, ease in fundraising, tax advantages, and a more professional image with clients and partners. It is ideal for startups and SMEs.

What is the process for registering a company in India?

The process includes: 1) Obtain Digital Signature Certificate (DSC) for proposed directors, 2) Obtain Director Identification Number (DIN), 3) Reserve company name through MCA portal, 4) Prepare and file SPICe+ form with required documents, 5) Pay government fees, and 6) Receive Certificate of Incorporation upon approval.

Can I convert my sole proprietorship or partnership into a private limited company?

Yes, you can convert a sole proprietorship or partnership into a private limited company by following the conversion process outlined by the MCA, which includes obtaining DIN for directors, reserving a new company name, and filing the necessary forms along with the required documents.

What are the ongoing compliance requirements after company registration?

Ongoing compliance includes: 1) Annual General Meeting (AGM) within 6 months of financial year-end, 2) Filing of Annual Returns (Form MGT-7) and Financial Statements (Form AOC-4), 3) Income Tax Return filing (ITR-6), 4) GST returns if applicable, 5) Maintaining statutory registers and records, and 6) Complying with labor laws and other applicable regulations.

How can I check the status of my company registration application?

You can check the status of your company registration application by visiting the MCA website, navigating to the 'MCA Services' section, and using the 'Track Application Status' feature by entering your application number or CIN.

What are the common reasons for company registration rejection?

Common reasons for rejection include: 1) Name similarity with existing companies, 2) Incomplete or incorrect documentation, 3) Non-compliance with naming guidelines, 4) Invalid DSC or DIN, and 5) Issues with the proposed registered office address.

Can I register a company without a physical office address?

No, a physical office address is required for company registration in India. However, you can use a virtual office address as long as it is a legally valid address and you have the necessary documentation to verify it.

What is the difference between a private limited company and a public limited company?

A private limited company has restrictions on share transfers and a maximum of 200 shareholders, while a public limited company can offer shares to the public and has no limit on shareholders. Public companies are also subject to more stringent regulatory requirements.

How do I choose a unique name for my company?

To choose a unique name, ensure it is not identical or similar to existing companies by using the MCA Name Availability Tool. Follow naming guidelines such as avoiding offensive words, ensuring it ends with 'Private Limited' for private companies, and considering trademark availability.

What are the tax implications of registering a company in India?

Tax implications include corporate tax rates (30% or concessional rates), Goods and Services Tax (GST) if applicable, Dividend Distribution Tax (DDT) on dividends paid to shareholders, and compliance with transfer pricing regulations for international transactions.

Can I register a one-person company (OPC) instead of a private limited company?

Yes, you can register an OPC if you are an individual entrepreneur who wants to start a business without partners. An OPC allows for single ownership while providing limited liability protection.

What is the role of directors in a private limited company?

Directors are responsible for managing the company's affairs, making strategic decisions, ensuring compliance with legal requirements, and acting in the best interest of the company and its shareholders.

How do I file annual returns and financial statements after registering my company?

Annual returns and financial statements can be filed through the MCA portal using Form MGT-7 for annual returns and Form AOC-4 for financial statements. Ensure you have all necessary information and documents ready before filing.

What are the advantages of registering a company in India?

Advantages include limited liability protection, separate legal entity status, easier access to funding and investment, tax benefits, enhanced credibility with customers and partners, and perpetual succession.

How can I get a Digital Signature Certificate (DSC) for company registration?

You can obtain a DSC from government-approved certifying authorities in India. The process typically involves submitting an application form along with identity and address proof documents, and paying the required fee.

What is the significance of a Director Identification Number (DIN) in company registration?

A DIN is a unique identification number assigned to individuals who wish to become directors of a company. It is mandatory for all directors and is used to track their involvement in various companies.

Can I register a company in India if I am a foreign national?

Yes, foreign nationals can register a company in India as long as they meet the requirements, such as having at least one resident director and obtaining the necessary documentation like DIN and DSC.

What are the steps involved in registering a private limited company?

Steps include: 1) Obtain DSC for proposed directors, 2) Obtain DIN, 3) Reserve company name, 4) Prepare MOA and AOA, 5) File SPICe+ form with required documents, 6) Pay government fees, and 7) Receive Certificate of Incorporation.

How do I ensure compliance with the Companies Act after registering my company?

Ensure compliance by conducting regular board meetings, maintaining statutory registers, filing annual returns and financial statements on time, adhering to tax regulations, and keeping up-to-date with any changes in laws that may affect your business.

What are the common challenges faced during company registration?

Common challenges include name approval issues, document verification delays, technical glitches on the MCA portal, understanding complex legal requirements, and ensuring all compliance criteria are met.

Can I register a company online without visiting any government office?

Yes, you can register a company online through the MCA portal using the SPICe+ form which allows for digital submission of all required documents and payment of fees without needing to visit any government office.

What is the importance of a registered office address for company registration?

A registered office address is important because it is the official address of the company where all communications and notices from the government and other entities are sent. It must be a physical address in India and cannot be a P.O. Box.

What are the benefits of using a virtual office address for company registration?

Using a virtual office address can provide benefits such as cost savings on physical office space, flexibility in location, and access to professional services like mail handling and call forwarding. However, it is important to ensure that the virtual office address is legally valid and meets the requirements for company registration.

What is the process for reserving a company name?

To reserve a company name, you need to use the MCA Name Availability Tool on the MCA website. Enter your proposed company name and check for availability. If the name is available and complies with naming guidelines, you can proceed to reserve it by filing the necessary form and paying the required fee.

How do I prepare the Memorandum of Association (MOA) and Articles of Association (AOA)?

The MOA should include the company's name, registered office address, objectives, liability of members, share capital details, and subscriber information. The AOA should outline the rules for internal management, including share transfer procedures, meeting protocols, and director responsibilities. You can use templates or seek professional help to ensure they meet legal requirements.

Expert MCA Filing Assistance - Expert Assistance

Company Name Change Services in Ambala

Change Your Company Name with Expert Support - Starting @ ₹7,999 Only

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RUN Name Availability Check
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What Sets Us Apart

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HERE'S HOW IT WORKS

1. Fill the Form

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2. Call to discuss

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3. Change Your Company Name

Get professional assistance with company name change including all MCA filings. We handle everything.

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Company Name Change Package in Ambala

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RUN Name Application
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Key Benefits

Priority handling by senior registration experts.
Documentation completed in 1 business days.
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Important Notes

Priority name reservation to secure your preferred company name.
Backup names prepared in case your first choice is unavailable.

Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.

Overview Why Change Name Key Features Documents Required Process Post Name Change FAQs

COMPANY NAME CHANGE - AN OVERVIEW

Company Name Change is the process of legally altering the registered name of a company with the Ministry of Corporate Affairs (MCA). Under Section 13 of the Companies Act, 2013, a company can change its name by passing a Special Resolution, obtaining approval for the new name through the RUN (Reserve Unique Name) service, and filing Form INC-24 with the ROC.

A company may want to change its name for various reasons - rebranding, business diversification, mergers, removing a former partner's name, or simply to have a more marketable identity. Whatever the reason, the new name must comply with MCA naming guidelines and should not be identical or similar to any existing company or trademark.

Upon successful name change, the ROC issues a fresh Certificate of Incorporation reflecting the new company name while retaining the same Corporate Identification Number (CIN). The company must then update all statutory documents, bank accounts, contracts, and other records with the new name.

At IncorpX, we handle the complete name change process - from checking name availability and drafting resolutions to filing with MCA and obtaining the new incorporation certificate. Our expert team ensures smooth processing and helps you with post-change compliance.

Reasons for Changing Company Name:

Companies change their names for various strategic and operational reasons:

Rebranding

To refresh the company's image, appeal to a new market segment, or align with evolved business values and vision.

Business Diversification

When expanding into new industries, the original name may not represent the broader scope of operations.

Merger or Acquisition

Post-merger, companies often adopt a new name that reflects the combined entity or the acquiring company's brand.

Founder/Partner Exit

When a founding member or partner whose name was part of the company name exits, a name change may be appropriate.

Trademark Issues

If the current name conflicts with an existing trademark or another company's name, changing becomes necessary.

Global Expansion

A name change may be needed to create a more internationally appealing brand for global operations.

Key Features of Company Name Change in Ambala:

Understanding the essential aspects of company name change helps ensure smooth compliance:

1. Name Availability Check

The proposed new name must be checked for availability through MCA's RUN service. It must not be similar to existing companies or trademarks.

2. Special Resolution Required

A Special Resolution must be passed by shareholders in a General Meeting with at least 75% votes in favor.

3. MoA & AoA Amendment

Both Memorandum of Association and Articles of Association must be amended to reflect the new company name.

4. Fresh Incorporation Certificate

ROC issues a new Certificate of Incorporation with the changed name. The CIN remains the same.

5. 30-Day Filing Deadline

Form INC-24 must be filed within 30 days of passing the Special Resolution. Late filing attracts penalties.

6. Post-Change Compliance

After name change, all documents, contracts, bank accounts, and registrations must be updated with the new name.

MCA Naming Guidelines in Ambala:

When choosing a new name, ensure it complies with MCA guidelines to avoid rejection:

Name should not be identical or similar to existing company/LLP names

Should not infringe on registered trademarks

Should not use words requiring government approval without permission

Cannot use prohibited words (Government, President, Ministry, etc.)

Must end with "Private Limited" for private companies

Should reflect the main business activity

Should be distinctive and unique

Should not be offensive or undesirable

Documents Required for Company Name Change in Ambala:

The following documents and information are required for the name change process:

Document/Information	Purpose
Proposed New Name (2-3 options)	For RUN name availability application
Board Resolution	For calling EGM to consider name change
EGM Notice & Minutes	Record of shareholder meeting and voting
Special Resolution	Shareholder approval for name change
Existing MoA & AoA	For amendment with new name
RUN Approval Letter	MCA approval of new name availability
DSC of Director	For digitally signing INC-24
Trademark NOC (if applicable)	If using a word that resembles existing trademark

Step-by-Step Company Name Change Process in Ambala:

Our streamlined process ensures smooth and compliant company name change:

Step 1: Board Meeting

The Board of Directors convenes a meeting to approve the proposal for name change, finalize proposed names, and authorize calling an EGM.

Step 2: Apply for Name Approval (RUN)

File RUN (Reserve Unique Name) application on MCA portal with 2 proposed names in order of preference. MCA checks availability and approves.

Step 3: Issue EGM Notice

Send notice to all shareholders at least 21 clear days before the EGM (can be reduced with shareholder consent).

Step 4: Conduct EGM

Hold the EGM where shareholders vote on the Special Resolution for name change. Requires 75% majority approval.

Step 5: Prepare Amended MoA & AoA

Amend the name clause in Memorandum of Association and Articles of Association to reflect the new company name.

Step 6: File Form INC-24

File Form INC-24 on MCA portal within 30 days with Special Resolution, amended MoA/AoA, and RUN approval letter.

Step 7: Receive New Incorporation Certificate

Upon approval, ROC issues a fresh Certificate of Incorporation with the new company name. The CIN remains unchanged.

Change your company name with proper MCA compliance!

Post Name Change Compliance:

After receiving the new Certificate of Incorporation, the following must be updated with the new company name:

PAN Card - Apply for reprint with new name

TAN - Update through TRACES portal

GST Registration - File amendment

Bank Accounts - Submit documents to bank

Trade Licenses - Apply for amendments

MSME/Udyam Registration - Update online

Import Export Code (IEC) - File amendment

Contracts & Agreements - Inform counterparties

Letterheads, Signage, Website - Update branding

Employee PF/ESIC - Inform with new name

Important Note

The company must use the new name on all official documents from the date of the new Certificate of Incorporation. Using the old name on invoices, contracts, or official communication after this date may create legal issues.

Penalties for Late Filing in Ambala:

Timely filing is crucial to avoid penalties:

Form	Deadline	Normal Fee	Penalty for Delay
RUN Application	60 days validity	₹1,000	Name reservation expires; reapply with fresh fee
Form INC-24	30 days from resolution	Based on authorized capital	₹100 per day of delay

Why Choose IncorpX for Company Name Change in Ambala?

Expert Team: Qualified CS/CA professionals with extensive MCA filing experience.

Name Availability: Thorough check to ensure proposed name is available and compliant.

Transparent Pricing: Clear fees with no hidden charges.

Complete Documentation: We draft all resolutions, notices, and amended documents.

Post-Change Support: Guidance on updating all registrations with new name.

Zero Rejection: Quality review ensures accurate, rejection-free filings.

FAQs on Company Name Change

Changing company name is a significant corporate event. Here are answers to frequently asked questions about company name change:

No, the Corporate Identification Number (CIN) remains the same even after the company name changes. Only the name on the Certificate of Incorporation changes.

RUN (Reserve Unique Name) is MCA's service for reserving a company name. Before filing for name change, the new proposed name must be approved through RUN to ensure it's available and doesn't conflict with existing names.

The name reserved through RUN is valid for 60 days. If INC-24 is not filed within this period, the reservation lapses and you need to apply again.

Yes, a Special Resolution passed by shareholders with at least 75% majority is mandatory for changing the company name under Section 13 of the Companies Act, 2013.

The complete process typically takes 3-4 weeks including RUN approval (2-3 days), EGM notice period, meeting, and MCA filing and approval.

The PAN number remains the same, but you need to apply for a reprint of PAN card with the new company name by submitting the new Certificate of Incorporation.

Yes, existing contracts remain valid as the company's legal entity (CIN) remains the same. However, it's advisable to inform counterparties about the name change.

If the first choice is rejected, MCA considers the second choice. If both are rejected, you need to file a fresh RUN application with different names. The fee is payable again.

You can use your own registered trademark as company name. To use someone else's trademark, you need a No Objection Certificate (NOC) from the trademark owner.

Form INC-24 is filed with MCA to apply for name change of a company. It's submitted along with Special Resolution, amended MoA/AoA, and RUN approval letter.

There is no limit on the number of times a company can change its name. However, if the name was changed within the last 2 years, a different procedure may apply.

The old name becomes available for other companies to use after 2 years from the date of name change. Until then, MCA keeps it reserved.

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(5 out of 5)

I'd been planning to register my Private Limited Company for months but didn't know where to start - until I found IncorpX. The team guided me step by step, explained everything clearly, and completed the registration smoothly within the promised timeline. Their pricing was transparent with no hidden charges. Highly recommend IncorpX to anyone starting a business!

2025-10-07

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Company Name Change Services in Ambala

Change Your Company Name with Expert Support - Starting @ ₹7,999 Only

Expert Consultation in Minutes

HEAR WHAT OUR CUSTOMERS HAVE TO SAY

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WHY CHOOSE US?

Expert Legal Team

Fast Turnaround

Dedicated Support

Complete Documentation

Business Growth Tools

24/7 Customer Service

Want to Change Your Company's Name in Ambala?

HERE'S HOW IT WORKS

1. Fill the Form

2. Call to discuss

3. Change Your Company Name

SIMPLE & TRANSPARENT PRICING

Company Name Change Package in Ambala

IncorpX Prime

Key Benefits

Important Notes

COMPANY NAME CHANGE - AN OVERVIEW

Reasons for Changing Company Name:

Rebranding

Business Diversification

Merger or Acquisition

Founder/Partner Exit

Trademark Issues

Global Expansion

Key Features of Company Name Change in Ambala:

MCA Naming Guidelines in Ambala:

Documents Required for Company Name Change in Ambala:

Step-by-Step Company Name Change Process in Ambala:

Step 1: Board Meeting

Step 2: Apply for Name Approval (RUN)

Step 3: Issue EGM Notice

Step 4: Conduct EGM

Step 5: Prepare Amended MoA & AoA

Step 6: File Form INC-24

Step 7: Receive New Incorporation Certificate

Post Name Change Compliance:

Important Note

Penalties for Late Filing in Ambala:

Why Choose IncorpX for Company Name Change in Ambala?

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