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Checklist For Incorporation

The document outlines the checklist of documents and details required for the incorporation of a Private Limited Company in Karnataka, including necessary information about the company name, registered office, directors, and subscribers. It also specifies the estimated timeline and costs associated with the incorporation process, detailing both government fees and professional charges. Additional notes highlight that costs may vary based on authorized share capital and that other registrations are not included in the outlined expenses.

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0% found this document useful (0 votes)
80 views8 pages

Checklist For Incorporation

The document outlines the checklist of documents and details required for the incorporation of a Private Limited Company in Karnataka, including necessary information about the company name, registered office, directors, and subscribers. It also specifies the estimated timeline and costs associated with the incorporation process, detailing both government fees and professional charges. Additional notes highlight that costs may vary based on authorized share capital and that other registrations are not included in the outlined expenses.

Uploaded by

radhika.cnrs
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Checklist of documents and details required for incorporation of a

Private Limited Company

Following are the details required for incorporation of a Private Limited


Company:

Sl. Details Required Response from Client


No.
1. Name of the proposed Company
(Minimum 2 names to be
proposes)
2. Name of the state in which the Karnataka
company is to be registered
3. Address of the registered office Registered Office Address:
of the proposed Company
[along with phone number (with City:
STD code) and email ID](If
finalized) District:

State:

Pin code:

Phone number (with STD code):

E-mail ID:

4. Main objects of the Company


5. Details of the Subscribers Please update Annexure II / III (as
(Minimum 2) applicable) of this Checklist
6. Details of the Directors Please update Annexure I of this
Checklist
7. Proposed Authorised Share Authorised Share Capital (Rs.):
Capital of the Proposed No. of shares:
Company(Filing & Stamp Duty Face value of each share (Rs.):
charges would be minimum up
till 10,00,000 of Authorised
Share Capital)
8. Proposed Subscribed capital of Total Paid Up Share Capital (Rs.):
the Proposed
Company(Minimum 2) Subscriber 1
No. of shares:
Face value of each share (Rs.):

Subscriber 2
No. of shares:
Face value of each share (Rs.):
Attachments to be provided by the client

1. Proof of office address:


a. Tax paid receipt of the Premises. OR
b. Copy of electricity/water/gas/telephone bill (not older than two
months, depicting the address of the premises.) OR
c. NOC from the Director / owner to use the premises by the company as its
registered office.(Format will be furnished by us)

2. Self-Attested PAN of all Directors and all Subscribers (To be notarized and/or
apostilled in case of foreign nationals and Non Resident Indians)

3. Self-Attested ID Proof: Passport / Voter ID / Driving License (No other


documents other than mentioned above would be accepted) - In case of
foreign nationals ID Proof to be mandatorily notarized and apostilled.
Notarized and /or apostilled copy of passport is mandatory in case
of foreign nationals and Non Resident Indians

4. Self-Attested Address Proof: Bank Statement / Gas Bill / Electricity Bill /


Telephone / Mobile Bill are containing the Name of the Subscriber / Owner,
as the case may be, not older than two months. (No other documents
other than mentioned above would be accepted) - In case of foreign
nationals ID Proof to be mandatorily notarized and apostilled. Notarized
and/or apostilled copy of passport is mandatory in case of foreign
nationals and Non Resident Indians

5. Copy of MOA and AOA to be Notarized and/or apostilled (we will be


sharing the formats).

6. Details of individual to sign the incorporation documents and to represent


the overseas parent entity. Such individual should be either an
employee/officer/director of foreign parent entity to represent same. Please
share identity and address proofs (as mentioned above) duly self-signed,
notarised and apostilled.

Note: All Directors and all individual Subscribers should have an active DSC.
Annexure I

Details of Directors

Director 1
(Resident
Director
Particulars Director 2
mandatory for
Private Limited
Company)
Full Name

DIN (if any)

PAN
Passport number in case of
foreign national
Gender

Date of Birth

Age

Nationality

E-mail ID

Mobile No.

Educational Qualification
Whether a citizen of India (Yes
/ No)
Whether a resident of India
(Yes / No)
Designation
(Director / Managing Director /
Whole Time Director /
Nominee Director)
Category of Director
(Promoter / Professional /
Independent / Nominee)
Chairman / Executive / Non
Executive Director
● Name, address and
registration no. of other
entities (Company / LLP /
branch office or project
office of the foreign
company/overseas bodies
corporate)in which the
proposed director is
interested
● Designation of the director
in such other entities
● Value of shares held in
such other entities
● Percentage of
Shareholding in such other
entities
Annexure II

Details / Documents of subscriber, in case of individuals

Particulars Subscriber 1 Subscriber 2

Full Name
Family name / Surname of the
subscribers
Father’s Full Name
Father’s Family name /
Surname of the subscribers
Gender

Date of Birth

Age

Place of Birth (District & State)

Nationality
Occupation Type
(Self-employed / Professional /
Homemaker / Student /
Serviceman)
Area of Occupation
(Government / Teaching /
Others).

Please specify in case of


Others.
Educational Qualification

PAN
Passport number in case of
foreign national
E-mail ID

Mobile No.
Whether a citizen of India (Yes
/ No)
Whether a resident of India
(Yes / No)
Phone (With STD/ISD code) -
Mandatory

Fax No. (Optional)

Mobile number
If Permanent residential
address is not same as
present address, details of
present residential address

Duration of stay at present


address (In Months & Years)

If Duration of stay at present


address is less than one year
then address of previous
residential address.
If the subscriber is already a
director or promoter of a
company(s), the particulars
relating to:

(i) Name of the company:


(ii) Corporate Identity Number:
(iii) Whether interested as a
director or promoter:
Number of shares subscribed
and total amount of shares
subscribed
We have outlined the estimated timeline and cost for incorporating a company with an
authorized share capital of ₹10 lakhs:
Estimated Timeline for Incorporation
1. Digital Signature Certificate (DSC) Application: 1–2 working days
2. Making Name Application: 1 working day
3. Review and Approval of Name Application by ROC: 7–10 working days
4. Drafting of Incorporation Documents: 2–3 working days
5. Filing of Incorporation Application with ROC: 1–2 working days
6. ROC Review and Approval: 5–10 working days
Total Estimated Duration:
 For Indian Subscribers Only: 17–28 working days
 For Cases Involving Foreign Subscribers: 25– 30working days (due to
requirement of apostillation/notarization).
Post-Incorporation Formalities:

These typically take an additional 15–20 days and depend on how quickly the bank
account is opened and the registered office documents are provided.
Estimated Cost for Incorporation:
Approximate
Expense
Amount (₹)
Government Fee for Name Application 1,000/-
DSC for Two Foreign Nationals (₹11,800/- each) and one Resident
26,600/-
Directors (₹3,000/- each)
Fee for SPICE + Part B 143/-
MCA Fee, Stamp Duty, and Registration Fee 10,020/-
Stamp Duty on Share Certificates (0.1%) on the total investment
1,000/-
(for 10 lakh)
Printing of Share Certificates 300/-
Conveyance and miscellaneous expenses 500/-
Filing of Form INC-22 400/-
Filing of Form INC-20A 400/-
Filing of Form ADT-1 400/-
Total Expenses 40,763/-

Details of Professional Charges

Professional Fees for Incorporation 40,000/-


Professional fee for completing post incorporation formalities
(includes registered office filing, auditor appointment, business 25,000/-
commencement filing, and issue of share certificates)
Professional fee for drafting necessary documents and Issue of
25,000/-
Compliance Certificate and filing of form FCGPR
Total Professional charges 90,000/-

Additional Notes
1. The above charges are approximate and may vary depending on the authorized
share capital of the proposed company.
2. Government fees and out-of-pocket expenses will be charged on an actual
basis.
3. Costs for other registrations (e.g., GST, Shops & Establishments) are not
included and can be confirmed after the appointment of auditors.
If you have any further questions or need clarification, please feel free to contact me.

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