In India, company registration or incorporation of a company is a step towards the formation of a business. Registering a company in India is a process under the Ministry of Corporate Affairs. Company Registration in Telangana is a simple process. The company registration in Telangana is guided by the Companies Act, 2013. Such registration of a company provides the company with a separate identity further promoting its growth. There are many many kinds of company registration such as LLP Registration, Private Limited Company Registration, Public Limited Company Registration, etc.

About the Companies Act, 2013

The Companies Act, passed by the parliament in 2013 consolidates and amends the law relating to companies. The Companies act looks after the working and details associated with the different types of companies in India.

Benefits of Company Registration in Telangana

Following are the benefits or advantages of the Company Registration in Telangana-

• Limited liability.
• Transferability of shares.
• Separate legal entity.
• Generate capital.
• Expanded market.
• Transparency.

Registration of Different Types of Companies in Telangana

Types of company registrations in Telangana–

1. Private Limited Company
2. Public Limited Company
3. Partnerships Company
4. Limited Liability Partnership
5. One Person Company
6. Sole Proprietorship
7. Section 8 Company

Checklist for Company Registration in Telangana

For initiating a company registration in Telangana, the following are required:

• Two Directors: The presence of at least two directors is a must.
• Unique Name: The opted name should not match any other existing company.
• Minimum Capital Contribution: There exists no minimum capital amount for a company.
• Registered Office: There must be a registered office space, either owned or rented.

Procedure for the Registration of a Company in Telangana:

Following are the steps are given below for Company registration in Telangana-

1. Select a unique name and apply it to the ROC.
2. Registration of the company is to be done within 60 days from the date of approval of the name. The required forms for the new company filing are Forms 1, 18, and 32.
3. Memorandum and articles of association for the company are drafted by the solicitors through the ROC.
4. Set Memorandum and articles of association are to be signed by at least two of the subscribers.
5. Create an account on the MCA portal and apply for the company to be registered.
6. Submit the e-form with the following documents:
7. Declaration of compliance – Form-1
8. Notice of situation of the registered office of the company – Form-18.
9. Details of the Director’s, Manager, or Secretary – Form-32.
10. The final step is to make sure the forms are digitally signed and paid the requisite fees. A physical copy of the MOA and AOA is sent to the ROC.

A certificate of Incorporation is provided by the ROC.

Documents for Online Company Registration in Telangana-

Following is the list of documents required for the Company registration in Telangana-

1. The Articles of Association – An AOA mentions the rules and regulations that will govern and control the management and conduct of the company.
2. Memorandum of Association – MOA^[1] is the constitution of the company. It forms the foundation of the company’s structure by laying down the aims and objectives of the company. It includes
3. Declaration made by the subscribers and the directors.
4. A confirmation of the address of the office.
5. Two months utility bills copy.
6. Certificate of incorporation of the Outer Country body corporate [If applicable].
7. A resolution passed by the global Company [If applicable].
8. A recommendation declared by the promotional Company [If applicable].
9. The interest of the directors from other entities [If applicable].
10. Nominee’s assent.
11. Identity proof and residential address of the applicants, subscribers, and the nominees.
12. The Declaration/Resolution of the unregistered companies.
13. DSC (Digital Signature Certificate)

Any other document [If required]

Conclusion

Company registration in Telangana is a simple and fair process that allows the company to enjoy the perks of being a separate legal entity; to have increased transferability, transparency, limited liability, and generate greater capital. To know more about it you can contact BizAdvisors. 

Read our article:Online Private Limited Company Registration in Karnataka: Step by Step Guide