Company Registration in Lucknow

The most common way for business owners to start or incorporate their company is through company registration. Company registration in Lucknow can be performed with the assistance of Business Buddy Solutions. Furthermore, Lucknow, the capital of the Indian state of Uttar Pradesh, has long been renowned as a heterogeneous metropolis that thrived as a cultural and artistic Centre in North India. Because India offers so many various types of enterprises, entrepreneurs must pick the one that best fits their needs.

The Companies Act of 2013 establishes seven different corporate structures:

1. Private Limited Company
2. One Person Company
3. Partnerships
4. Limited Liability Partnership
5. Section 8 Company
6. Public Limited Company
7. Partnerships
8. Limited Liability Partnership
9. Sole Proprietorship

The most popular type of legal entity used by millions of Indian entrepreneurs and popular startups is the private limited company.

What is a private limited company?

A private limited company is a privately held firm for small businesses in which the owners’ liability is restricted to the value of their shares. Also Private Limited Company formation in India is preferred by startups and expanding enterprises. It allows for easy outside funding, limits the liabilities of its shareholders, and besides allows them to provide employee stock options to attract top talent. Lastly, a Private limited company is less complicated, less expensive, and less time-consuming than a public limited company.

Minimum requirement for registering a company in Lucknow.

• 2 Directors – 1 person must be an Indian national and a resident of India.
• Also 2 Shareholders – The Directors can be shareholders
• And minimum capital of 2 Rupees
• Also a registered Office in India

Advantages Of Company Registration in Lucknow

• The legal entity is distinct from others.
• Also registration, management, and operation are all simple.
• There is no requirement for minimum capital.
• Furthermore ownership and management are easily assigned.
• Next dissolving or winding up is simple.
• Lastly banks, investors, and venture capitalists prefer it.

Documents Required for Company Registration in Lucknow

The director of the company has to present the following documents

If the director is an Indian national:

1. Firstly scanned copy of pan card
2. Scanned copy of Passport / Driver’s Licence / Election ID / Ration Card / Aadhar ID
3. Also bank Statement l / Phone Bill / Electricity Bil
4. Board resolution authorising investment in the company
5. Next incorporation Certificate of the Company
6. Address proof of the company

If the director is Foreign national:

1. A scanned copy of your passport is required.
2. Scanned copy of Driver’s License / Bank Statement / Residence Card
3. Bank Statement / Phone Bill / Electricity Bill
4. Board resolution authorizing investment in the company
5. Incorporation Certificate of the Company
6. Address proof of the company

Process of Company Registration in Lucknow

1. Application for Name Approval
2. Application for Digital Signature Certificate (DSC)
3. Final Submission  Incorporation Application
4. Opening of Bank Account

Importance of registered office

To avoid penalties and prosecution, a company must maintain various compliances after registering in India.

1. Every company registered in India is required to have a registered office there.
2. The registered office must have a sign with the company’s name on it and be a location where notice or communication can be served.
3. Moreover a company’s registered office cannot be on undeveloped land or in a construction zone.
4. A company’s registered office can be changed after incorporation if necessary.

• Also if the registered office is moved within the same city or to the same Registrar of Companies, the process can be completed quickly.
• Lastly if a company’s registered office is moved from one state to another, the process will take longer and be more complicated.

GST Registration

The Directors might choose to register for GST simultaneously as the business is formed during the registration procedure. However, unless specific turnover thresholds are exceeded, it is not compulsory for a business to register under the GST.

So, if you’re looking to register your business in Lucknow, Business Buddy Solutions is a company that provides low-cost registration services. Therefore our firm offers a wide range of business consulting services, and our team is extremely knowledgeable. Further they are the people who want to do more good with less money. So, if you’re looking to start a company in Lucknow, we can assist you.

What documents are required for company registration in Lucknow?
Documents required for company registration in Lucknow are,

• Firstly, Pan Card Copy (Mandatory)
• Secondly, ID Proof (Any one) – Driving License/ Voter ID/ Passport Copy/ Aadhaar Card
• Thirdly, Address Proof – Latest Bank Statement/ Latest Telephone or Mobile Bill/ Latest Electricity Bill.(MUST be less than 30 days old)
• Also, Passport Size Photograph too.
• And NOC – No Objection Certificate from the Owner of the Property
• Lastly, Address Proof – Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)

What are the charges for registering a company in Lucknow?

Firstly setting up a private limited company is one of the highly recommended ways to start a business in India. Business buddy Solutions, your trusted legal advisor, provides a cost-effective company registration service in Lucknow. It is the most trusted brand which offers the most competitive Pricing Rs.2999/- for Company Registration in Lucknow too.

What documents are required for company registration in Lucknow?
Documents required for company registration in Lucknow are,

• Pan Card Copy (Mandatory)
• ID Proof (Any one) – Driving License/ Voter ID/ Passport Copy/ Aadhaar Card
• Address Proof – Latest Bank Statement/ Latest Telephone or Mobile Bill/ Latest Electricity Bill.(MUST be less than 30 days old)
• Passport Size Photograph
• In addition also a NOC – No Objection Certificate from the Owner of the Property
• Lastly address Proof – Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)

What are the charges for registering a company in Lucknow?

Setting up a private limited company is one of the highly recommended ways to start a business in India. Business buddy Solutions, your trusted legal advisor, provides a cost-effective company registration service in Lucknow. It is the most trusted brand which offers the most competitive Pricing Rs.2999/- for Company Registration in Lucknow.