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How much amount is required to start the PVT LTD company?

How much amount is required to start the PVT LTD company?

Minimum paid-up capital for a Private Limited Company is Rs. 1 Lakh. Authorized capital is the maximum number of shares which the company can issue to its shareholders.

How much money is required to set up a company?

Currently, it will set you back Rs. 7000 in government fees if you incorporate with the minimum authorised capital of Rs. 1 lakh (what most start-ups go with), but you’ll also need legal help from a lawyer or chartered accountant. Their charges depend on the level of expertise and experience.

What is the maintenance cost of Pvt Ltd company?

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What is a yearly maintenance cost for Private Limited Company in India? The average cost of yearly maintenance of Private Limited Company is between 10,000 to 15,000 depends upon your turnover. However, in case you are zero turnover company, you average maintenance cost would be around 8000 to 10,000/-.

How much money is required to open a Pvt Ltd Company in India?

The cost of establishing/registering a Pvt Ltd Company generally varies from INR 6,000 to INR 30,000, depending upon the number of Directors, members, the authorized share capital, and professional fees.

How can I create a private limited company?

How to register a Private Limited Company

  1. #1: Apply for DSC (Digital Signature Certificate)
  2. #2: Apply for the DIN (Director Identification Number)
  3. #3: Apply for the name availability.
  4. #4: File the EMoa and EAOA to register the private limited company.
  5. #5: Apply for the PAN and TAN of the company.

How do I start a Pvt Ltd company?

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How much money is needed to open a company in India?

The cost of registration of a sole proprietor company is nearly Rs 2,500 while that of a partnership firm is nearly Rs 5,000. If you incorporate a private (LLP or LLC) company with a minimum authorised capital of Rs 1,00,000, the registration will cost you Rs 7,000.