Simple business plan

simple business plan

Simple, business, plan, templates for Entrepreneurs

For every inr 100,000 of authorised capital up to inr 500,000, inr 4,000;. For every inr 100,000 of authorised capital up to inr 50,00,000, inr 3,000;. For every inr 100,000 of authorised capital up to inr 100,00,000, inr 1,000;. For every inr 100,000 of authorised capital over inr 100,00,000, inr 750. Lets take an example. For a company with a registered office in Mumbai and authorised capital. 300,000, the fees would be as follows: Memorandum of Association :. 2000 Articles of Association:.

Keeping your, business, plan, simple

Declararion by appointee director and managing director in Form dir-2. Procedure 3 Filing inc-29 Time to complete: 1 day the cost to complete:. 2000 authorised capital fee stamp duty If you have all the papers in order, you can now file the inc-29. Fill in the form and attach all the required documents. Ensure that you havent missed anything out or it will come in for resubmission. And if the registrar finds an error in your form on resubmission, too, the the form will be rejected completely. Once you file the form, you will be directed to pay the fees and stamp duty to a payment gateway. The fees will change according to the authorised capital fee and the stamp duty will vary according to your location. Stamp duty is similar in most states, but costlier in Punjab and Kerala. Authorised capital fees are as follows:. Inr 100,000: inr 5,000;.

For Registered Office verification, all companies must have a entry registered office address. This does not have to be a commercial space. It can even be the home of a director. But the details need to be provided, along with a copy of the rental Agreement along with an noc from the owner (if rented property) and sale deed (if property is owned). For Appointment Letters and Declarations, a number of attachments need to be submitted along with the application. These need to be self-attested, but a company secretary must give a separate declaration toward your company verifying the authenticity of all the declarations. The required attachments are: Letters of appointment of directors, ceo, managers. Declaration by the first director in inc-9.

simple business plan

Free, simple, business, plan, example samples

Ensure that the second half describes the sector youre. Once youve decided on a name, also describe the significance of the name in one or two sentences. It would need to be entered into the form. For Memorandum and Articles of Association. The memorandum of Association (MoA) and Articles of Association (AoA) need to be attached to the inc-29. These may or may not be drafted by a company secretary, but should contain the signature of one. The moa will also contain the main objects of your business (keep in mind that the registrar tends to disapprove of businesses that are in unrelated sectors). You would also need to attach an affidavit from all subscribers through Form inc-9 (available on ). The cost of these documents would vary depending on the company secretary you choose.

The One-hour, business, plan : The, simple and Practical

simple business plan

Simple, business, plan : For New Small, business, ideas

For Director Information Number Application: Up to three directors can apply for the director Information Number (DIN) through inc-29; the rest, if any, may do so separately. The din is the number through which the mca identifies directors of companies. Obtaining a din involves the submission of the following documents: Scanned copy of Passport-sized photograph, scanned copy of pan card (passport if foreign national) and Drivers License/Voter ID/Latest Utilities Bill. Both should be self-attested, but foreign nationals would need them notarised by the Indian embassy, too (if resume they belong to countries not in the commonwealth, they would also need to be apostilled). For Name Approval, while the old process allowed you to submit six options for your company name, in order of preference, the inc-29 only allows you to give one option.

Understanding the mcas naming guidelines, therefore, is critical to ensuring your form is approved on first attempt. Largely, you need to follow the following rules: Ensure that your companys proposed name has not already been taken. Ensure that there is no registered trademark in the same name by checking. If there is one, you can get an noc from the trademark owner authorising you to use. Ensure that the first half of the name is unique. Avoid geographical references, adjectives, abbreviations and generic terms. Also, the words bank, exchange and stock exchange require approval from rbi and sebi.

Here are the various steps involved: Contents, procedure 1: Obtain Digital Signature certificate from mca-authorised agency. Time to complete: 2 to 5 days. Cost to complete: inr 1,500, any one of the proposed directors must obtain a class-ii digital Signature certificate (DSC) from an mca-authorised agency to use the electronic filing system of the mca. There are six vendors in all, including Tata consultancy services, e-mudhra and n-Code. The rates of each vendor differ vastly, from inr 4Charges would include the cost of a physical usb token and the certificate itself. It would take 2 to 5 days to complete this, mostly depending on how long it takes to courier your documents to the vendor.


The applicant would need to submit the completed Class-ii form, self-attested copy of pan card or, in case of foreign national, copy of Passport, and self-attested copy of Voter ID/Ration Card/Drivers License/Latest Utilities Bill/aadhar card. Procedure 2: Preparing inc-29, time to complete: 1 to 3 days. Cost to complete: Company secretary fees. As soon as you get your dsc, you can file inc-29, but dont assume that you will be ready to. The inc-29 is an eight-page form requiring several pieces of information and documents, some of which require a company secretarys signature, to be submitted in one. Also, in case of errors in your form, resubmission is allowed only once, after which you will have to pay form filing fees again and apply for a refund on the government fees youve paid. So please note the documents you need to have in order to prepare the inc-29 and the attachments.

How to write a business plan, sales plans, marketing

Company registration has forever been a major hassle for entrepreneurs looking to set up their businesses in India. Its no wonder then that India has been ranked 142nd on the ease of doing Business Index and 158th on Ease of Starting a business. The newly introduced inc-29, owl a five-in-one form introduced by the ministry of Corporate Affairs (MCA) in may 2015, will go a long way toward improving this ranking. The inc-29 doesnt replace the old procedure (at least not yet but significantly reduces interaction with the authorities through the clubbing of forms for din allotment, name reservation, incorporation, pan tan, as well as esic registration. Do note, however, that while inc-29 does begin the pan tan and esic registration process, you are still required to submit supporting documents and information on the mcas e-biz portal (so for now it not clear why pan, tan and esic details are asked; perhaps. The inc-29 form has tremendous ramifications on the registration process. If you have registered a company prior to may 2015, you will immediately recognise how much smoother this process can.

simple business plan

CapsimCore a finalist for the 2018 EdTech cool tool Awards! Learn More 1 2 3 4, discover the solutions That Fit your needs. From technical skills to soft skills, capsim offers a suite of experiential learning solutions to measure and develop the key competencies needed in today's business landscape. Editors Note: The article is constantly updated to reflect new rules and processes. We first wrote this article in 2009 and have been updating it on a regular basis as and when the processes have changed. In 2015, many new reforms have been announced by the government, and they have also come up with a unified inc-29 form, that reduces paperwork to a very snowboarding large extent. We have taken help from folks over. Vakilsearch to bring you the updated procedure. Here is the updated process.

Choose one of our many professionally designed templates, then make it your own. Get support the way you want. Sometimes you want to talk to a person - and sometimes you don't. That's why our flexible packages offer different support options that fit your style. Thank you to our community of users for providing the feedback needed to help make.

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