Company Registration Kerala

Private Limited Company is an entity with minimum two directors, liabilities are limited to its capital raised, protect the personal asset from recovery if any failure happens to the company and save the brand name from misusing by others. 

• Advisable for startup companies with two or more founders, looking for funding options and scalable business model. Recommended business entity in present scenario because investments can be taken from angel investors. venture capitalists or funding institutions.

In the era of technology revolution and progression, new entrepreneurs must move as per the direction it goes to keep updated in legal formalities in company formation and ministry of corporate affairs of our country.

Here we elaborate, how to register a private limited company in kerala, India. Steps are as follow:

• To register a private limited company in kerala, India, first is to have two proposed directors with proper pan card (mandatory), passport , election id , driving licence and aadhaar card. If proposed directors  have above documents with them they are eligible to be director in the private limited company.
• All the proposed directors and shareholders should take digital signature certificate (class 2- individual) for spice plus form filing in MCA portal.
• Utility bill with address of the director is a must in taking director identification number (DIN), it can be one month latest bank statement or bsnl bill of the proposed directors.
• Last but not the least, Registered office address is the mandatory requirement to register a private limited company in Kerala. Valid registered office address is required and to support the registered office address, tax receipt of the owner, KSEB bill/Water Authority bill of the owner, Rent agreement and NOC from the owner is required to complete the documentation part to register a private limited company in kerala.
• To start with company registration process, name approval is the first form to be filed in ministry of corporate affairs. Company name must be unique and must have a valid meaning before giving name approval otherwise there is a chance for rejection. Company Name reservation is only 20 days from the date of name approval given by Registrar of Companies.
• Once the company name is approved by registrar of companies you can initiate the spice plus form filing process. The important thing that must be considered is to  draft a MOA( memorandum of association ) and AOA ( articles of association ).
• Primary objectives must be drafted properly in MOA before uploading to MCA portal.
• Share Distribution or Share ratio to be desired prior to spice plus form filing by the proposed directors and shareholders of the company.  Authorized capital and Paid-up capital must be mentioned in the spice form correctly taking the advice from the consultant or CA or CS.
• Final step is to file spice plus form in MCA portal by making the respective payment for the forms for approval, within  48 hours Registrar of Companies (ROC) will give the approval mail if all documents are authentic and submitted without any false documentation.
• If any resubmission is raised from registrar of companies, spice form should be resubmitted after rectifying the error in documents submitted.
• Once the company is successfully incorporated, will receive Certificate of Incorporation, MOA(memorandum of association ) and AOA ( articles of association, pancard , tan number, ESI/EPF registration login details and bank account number details(varies as per the bank selected) in the registered company email id .
• After that, the directors must raise the paid-up capital in company bank account through a NEFT transfer from the directors’ personal bank account to company bank account number.
• Once it is done, bank statement must be attached with a form INC20A to get the business commencement approval from Registrar of Companies to start the business operations.
• Business commencement approval will be received in the registered company email id and the company is ready to function.

This is how to register a private limited company in kerala and run a successful business entity  in Kerala, India.

– Private Limited Company registration in kerala is best compared to LLP and OPC,  because it has options to get investments from angle investors, venture capitalists and other financial funding institution.

– Private Limited company is good for ecommerce startup looking to raise capital and  funds for expansion.

– Investor friendly business entity is private limited company  in kerala , India hence we suggest ecommerce startup company to register a private limited company.

Limited Liability Partnership(LLP) is an entity with two designated partners, limited liabilities to firm , personal assets are protected and company name is protected from misuse by others.

• Advisable for early startups not looking for funding options and investment. LLP can be converted to Private Limited Company if any funding option comes to the startups. Not recommended for getting investments from funding institutions, venture capitals and angel investors directly.

In the present era of innovation and technology advancements , new entrepreneurs should understand the importance of legal formalities in company registration with two designated partners in India. Here we discuss , how to register a limited liability partnership in  kerala, India.

Here we elaborate  how to register a limited liability partnership in kerala, India. Steps are as follow:

• To register limited liability partnership in kerala, India, first is to have two proposed partners with valid pan card (mandatory), passport , election id , driving licence and aadhaar card. If two persons have above documents with them they are eligible to be designated partners in limited liability partnership registration in kerala, India.
• All the proposed designated partners  should take digital signature certificate (class 2- individual) for FILLiP form filing in MCA portal.             

• Utility bill with address of the proposed designated partners is a must in taking designated partner  identification number (DPIN), it can be latest one month bank statement or bsnl bill of the designed partners.  

4) Last but not the least, Registered office address is the mandatory requirement to register a limited liability partnership in  kerala.

5) Valid registered office address is required and to support the registered office address, tax receipt of the owner, KSEB bill/Gas bill/ Telephone bill of the owner , signed Rent agreement and NOC from the owner is required to complete the documentation part to register a limited liability partnership in  kerala.  

6) To initiate with limited liability partnership registration process, name approval is the first thing to be filed in ministry of corporate affairs.

7)  Name of the limited liability partnership must be unique, do not resemble with any other company name  and must have a valid meaning. All these things should be considered before giving name approval otherwise there is a chance for rejection.

8)  Name validity for LLP is 90 days from the name approval date.

9)  When the  LLP name is approved by registrar of companies spice plus form filing process can be started.The important  thing that must be considered in registration of limited liability partnership is to  draft a proper objective oriented partnership deed.

10) Primary objectives should be  mentioned properly in the partnership deed  before uploading to MCA portal. Share Distribution is  to be discussed and fixed   prior to spice plus form filing by the proposed designated partners of  the LLP. 

11) Share  capital must be mentioned in the spice form correctly taking the advice  from the consultant or CA or CS. Final step is to file LLP spice form in MCA portal by making the respective payment for the  forms to get LLP approval, within  72 hours Registrar of Companies (ROC) will give  approval mail if all documents are perfect and submitted with authentic  documents.

12 )FILLiP form should be resubmitted if  any resubmission query is raised from registrar of companies after rectifying the error in documents submitted. If any resubmission query is raised from the side of registrar of companies, spice form should be resubmitted after rectifying the error in documents submitted.

13) Once the incorporation is successfully completed , will receive company incorporation certificate in the  registered company email id .After that, the LLP deed must be submitted in registrar of companies within 30 days after incorporation.

14)Next step is to apply for pan card and tan card for the LLP firm through NSDL authorized facilitation centre. Once the pan card is ready, LLP firm must open a bank account and raise the share capital mentioned in partnership deed and the firm is ready to commence the business operations once signed LLP deed is filed in MCA.

This is how to register a limited liability partnership in kerala and run a successful business entity.

LLP registration in Kerala  is good for ecommerce startups to register with less amount for company registration purpose compared to private limited.

– LLP is good if the partners are not looking to raise capital in near future because yearly compliance part is less compared to private limited company.

-Statutory audit is not required till the LLP reaches the turnover of 40 lakhs.

– LLP is registered under ministry of corporate affairs so company name is protected and cannot be used by other person to start a business in same domain.