Patna is the capital of Bihar, which is an exciting and transformative place for business. It is an opportunity for those who want to contribute to the region’s economic development. The article aims to navigate the process of Company Registration in Patna is a significant step for inspiring business owners. It is significant to choose the right business framework to comply with legal regulations.
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Eligibility for Company Registration in Patna
The huge eligibility for register a Company in Patna for some of the business types:
- Public Limited Company: There is a minimum subscribed and authorized share capital; a minimum of three directors and seven shareholders; and no maximum limit on the number of shareholders.
- One Person Company (OPC): The sole person can be a sole director; and can be formed by a single person.
- Private Limited Company registration: The company have a minimum subscribed and authorized to share capital; the maximum number of members is limited to 200; and a minimum of two directors and two shareholders.
- Limited Liability Partnership (LLP): There must be a minimum of two designated partners, who are individuals, and at least one of them should be an Indian Resident
Comprehensive guide for the process of Company Registration
The comprehensive guide for the process of Company Registration Patna:
- Selection of the business type;
- Need to get business name approval from the Ministry of Corporate (MCA);
- Apply for Digital Signature Certificate (DSC);
- Draft of MOA and AOA;
- Fill out certain forms with the Registrar of Companies (RoC);
- File application for PAN and TAN;
- Open a bank account;
Accomplish with certain compliances and post-incorporation
Benefits of Company Registration
There are benefits of Company Registration
End Notes
We have a comprehensive journey by knowing about the significance of company registration Patna. Patna has emerging economic opportunities and is rich in its cultural heritage. It welcomes businesses with open arms and provides them with a supportive ecosystem. For a successful company incorporation and set-up, there needs to be strategic planning, proactive concepts and adherence to local compliances. Patna is an ideal hub for diverse industries as the city provides a strategic location and supportive ecosystem
