Firm Registration in Telangana 2023: Apply online | Documents Required | SPICe+ Form | Address Proof

Do you want to get a treat for your business’s success before it even happens? What’s holding you back? What’s holding you back? To get your Private Limited Company Registration in Telengana done, just scroll down and check out our Premium deals. Business and investment prospects in Telangana are slowly moving toward the more developed states in India. When people invest in India, they look at each state individually.

About 80% of the companies that got approvals through TS-iPASS have been able to start work. You should remember that Telangana is one of the best states in terms of how easy it is to run a business, no matter how big or small. Life sciences, pharma, innovation technology, aerospace, textiles, and the defense industries were the most important to this state.

So, we think this is a great place to start your business and set up your company. From what we’ve seen after creating more than 5,000 companies in India, many people have made the process more complicated and hard. On the other hand, it’s easy and simple. Get one of the best company registration consultants in the Legal Service to help you set up your business.

What is Proprietorship Firm Registration?

The best way to run a business in India is as a sole proprietorship, which doesn’t have to follow any rules. The requirements for a sole business are few and easy to meet. A business run by one person is called a “sole proprietorship.” One person is in charge of making decisions and running the business.

Requirements for Online Private Company Registration in Telangana

Before setting up a Private Limited Company in Telangana, you need to know a few things.

  • According to the Companies Act of 2013, you need at least two owners to start a Private Company. A Private Company can have up to 200 members, though. If a private limited company faces a financial risk, the owners should have limited liability so that they don’t have to sell their own assets to pay for the problem.
  • For online business registration, there must be at least two directors and no more than 15 directors can be chosen. Also, the person who wants to be a director must be at least 18 years old. In Telangana, anyone from outside the country can be a director of a private limited business.
  • A Private Limited Company can be set up without a minimum amount of paid-up capital. But every Private Limited Company should put “Pvt. Ltd.” after the name of their business.
  • The name of the private limited company should be unique and not be the same as any other registered business or trademark. Before you register your business, it’s best to avoid any names that might be unpleasant.

Web-based SPICe+ Form for Company Registration in Telangana

SPICe+ Form lets you do many things that are necessary for registering a company, such as reserving a name, getting a DIN, incorporating, getting a PAN, TAN, ESIC, EPFO, and Profession Tax (Maharashtra), and opening a bank account. You should know that the SPICe + form is another way to get the GSTIN.

firm registration telangana

Documents Required

  • Articles of Association
  • Memorandum of Association
  • Declaration by the Subscribers
  • Declaration by the Directors
  • Confirmation of Office Address
  • Copy of 2 months’ Utility Bills
  • Copy of Proof of Incorporation of a Foreign Body Corporate (if needed)
  • Recommendation from the “Promotional Company” (if needed)
  • Copy of a Resolution Passed by the International Company (if needed)
  • Proof of the directors’ interests from another legal or political body [if needed]
  • Nominee’s agreement in the format given
  • Proof of residential address and proof of identity of candidates and subscribers
  • Proof of applicants’ identities and where they live
  • The Unregistered Company/ies Resolution/Declaration
  • Any other document [If required]

Documents Required as Address Proof for Online Company Registration

  • Voter Card
  • Adhaar Card
  • Passport
  • Electricity Bill
  • Ration Card
  • Telephone Bill
  • Driving License

Even though a sole proprietor doesn’t need any special registrations, he should still get a few so that his business runs easily.

• Registering as SME
• Shop and Establishment Act License
• GST Registration

Official Website for firm registration in Telangana

Read More: KCR Kit Scheme 2023: Online Registration | Eligibility Criteria | Benefits | Application Statustsicet gif

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