Kanoons

Frequently Asked Questions

Private Limited Company Registration

  • What is a Private Limited Company and who can register it?

    A Private Limited Company is a separate legal entity with limited liability for shareholders, ideal for startups and growing businesses. Any two or more adults (including NRIs/foreign nationals, subject to KYC and FEMA norms) can register under the Companies Act, 2013.

  • What are the key benefits of a Private Limited Company?

    Limited liability, perpetual succession, better credibility with banks/investors, and easier equity funding. It also enables ESOPs, share transfers, and clear ownership structures.

  • How many directors and shareholders are required?

    Minimum 2 directors and 2 shareholders; maximum 15 directors (more with special resolution) and up to 200 shareholders. The same people can be both directors and shareholders.

  • What documents are required to register?

    PAN, address ID, photographs for all directors/shareholders; proof of registered office (utility bill/lease/NOC); and digital signatures (DSC). DIN and name approval are part of the process.

  • How long does registration take with Kanoons?

    Typically 7–10 working days after complete documents and name approval. Timelines depend on MCA workload and accuracy of filings.

  • What is the step-by-step process?

    Name check → DSC & DIN → Drafting MOA/AOA → Filing SPICe+ forms → MCA scrutiny → Certificate of Incorporation with PAN/TAN. Kanoons handles each stage for you.

  • What are the post-incorporation compliances?

    Open a bank account, issue share certificates, appoint first auditor, maintain statutory registers, and file annual returns/financials with MCA; file income tax returns.

  • Can a foreign director or shareholder be added?

    Yes, subject to valid KYC, apostilled/consularized documents (as applicable), and FEMA rules for capital infusion.

  • What are typical costs involved (beyond professional fees)?

    Government fees and stamp duty vary by authorized capital and state; also DSC costs and notary/attestation where applicable.

  • How does Kanoons support ongoing compliance?

    We provide a compliance calendar (board meetings, ROC filings, audit, ITR) plus reminders, drafting, and filings—so you stay always-on-track.

GST Registration

  • What is GST Registration and why is it required?

    Goods and Services Tax (GST) registration is a mandatory process for businesses whose turnover exceeds the prescribed threshold under the GST Act. It provides a unique GSTIN (Goods and Services Tax Identification Number) that enables businesses to collect tax from customers and claim input tax credit on purchases. Without registration, one cannot legally collect GST or issue tax invoices.

0

No products in the cart.