Jaipur is one of the evolving cities of India and is considered as a mini-metro. Jaipur is a trade hub and a lot of business entities already exist in the city but if you are willing to go for a new company registration in Jaipur, then certain formalities are to be undergone for a company formation in Jaipur. Company incorporation in Jaipur entails a series of legal procedures according to Companies Act 1956.
The first and foremost duty is to obtain a director identification number (DIN) online from the Ministry of corporate affairs portal. The applicant is supposed to fill up the DIN-1 form and obtain the provisional DIN. The form is available online on the portal of Ministry of Corporate Affairs www.mca.gov.in. The process can be carried out online by a paying a charge of Rs.100. The printed application form is to be signed by the applicant and sent by courier to the Ministry of Corporate Affairs by courier with the proof of payment online, proof of identity and proof of residence within 60 days from the date of the generation of provisional DIN.
Followed by that, the digital signature certificate is to be obtained from a private agency authorized and affiliated by the Ministry of Corporate Affairs. There are six such authorized agencies that provide these services and their fees structure ranges from Rs.400 to Rs.2600 depending from case to case.
The next step is to reserve the name of the new company to be formed in Jaipur. Company name approval is done electronically. This must be kept in mind that the name of the new company should not be the same as that of any existing company in the country or any application that has been already submitted at the Registrar of the Companies. This is followed by a long list of other procedures. The next step is to stamp the documents at the State treasury. If the stamp duty is paid by demand draft, then the engrossing may take 3-4 days. Then the certificate of incorporation from the Registrar of the Companies, Ministry of Corporate Affairs is to be collected. Once it is done, a company seal is to be prepared but certainly it is not mandatory or a legal requirement. The cost of making a seal ranges from INR 300 to INR 500.A permanent Account number (PAN) from an authorized franchise or agent is to be prepared for the newly incorporated company. Also obtain a Tax Account Number (TAN) for income taxes deducted at the source from an authorized agent. Also the company have to register for Value Added Tax (VAT) at the Commercial Tax Office of the State.
Registrars of Companies in Jaipur are the authority to register any company in Rajasthan state under 1956 act rules and regulations. As keeping the registry of records and registration certificate will be issued by the registrar of companies in Jaipur.
Registrar of Companies
G/6-7, SECOND FLOOR, RESIDENCY AREA
CIVIL LINES, JAIPUR-302001