Company registration in Odisha can be easily done in less than 10 working day. If you are planning to setup a private limited company in Odisha, here in this post you will find all the steps we follow and things required to register a private limited company in Odisha.
Before we proced, please note, as a basic requirement, you need atleast two people to incorporate a private limited company in Odisha as directors and shareholders. At least 1 director shall be a permanent resident of India.
For registration and regulatory administration, the offices of Registrar of Companies (ROC) are established in each state. Based on company’s registered office address, jurisdiction of these ROCs are determined. For Odisha, the Registrar of Companies (ROC) is at Cuttack, Odisha, Which is the governmental authority for Company Registration, LLP Registration, regulation of limited companies, and limited liability partnership (LLP).
If your company’s registered office address is at a place in Odisha, then it will be registed under the ROC, Cuttack, Odisha.
The company incorporation process involves obtaining Digital Signature Certificates (DSC), getting approval for the company name, preparing the necessary documents, filing an application with the Registrar of Companies (RoC), and paying the required fees.
Company registration is a simple process but it requires professional guidance. We can help you to take a step forward in owning a company. Please refer our company registration service section to know more.
How to incorporate a Private Limited Company in Odisha?
We can help you to incorporate a private limited company in Odisha in less than ten working days, subject to the processing time taken by the government of India.
Before starting the procese, we will let you know the process of incorporation and will let you know about the documents required for the company registration in Odisha.
You need to submit following documents in ordert to process your application fo company registration in Odisha –
- Income tax PAN,
- Passport (mandatory for foreign directors and shareholders)
- Aadhar card,
- Id prof of the directors (Aadhaar Card/Voters ID/Passport/Driving License),
- latest 2 months bank statement,
- passport size photo of the directors and individual subscribers,
- latest 2 months electricity bill for the registered office premises,
- No-objection Certificate from the property owner or whose name appears on such utility bill, and
- notarised rental agreement.
After collecting documents from you, we will verify and process your application to obtain the DSC and if required, the DIN for the proposed directors.
Simultaneously, a name approval request will be processed through the MCA portal with your given choice of names.
After getting name approval, incorporation documents will be drafted and all the subscribers must sign all the documents. Once the documents are submitted the ROC grants the certificate of Incorporation.
Getting incrporation certificate is the last step of company registration in Odisha.
Private Limited Company Registration In Odisha FAQ’s
Can a private limited company issue shares to the general public?
No, a private limited company registered in Odisha or anywhere in India cannot issue shares to the general public.
How much share capital required to start a private limited company?
At present, we dont have any restriction on the minimum paid-up capital for the registration of a Private Limited Company. The minimum requirement of Rs. 1,00,000 capital was abolished by the government.
Can i use “Pvt. Ltd.” and “(P) Ltd.” after the company’s name?
Yes, a private limited company registered in Odisha can use “Pvt. Ltd” and “(P) Ltd” after their Company’s name instead of writing Private Limited.
Who can be a director in a Private Limited company?
An individual who is above 18 years of age and not disqualified by the law can be appointed as a director of a Private Limited company. We dont have any restriction on gender or residency.
What are the advantages of a private limited company?
Here are the most important advantages of a private limited company:
- Distinct legal identity from its owners,
- Shield from personal liability and protects from other risks and losses,
- Easy to register,
- No minimum capital required,
- Very easy to allocate ownership and management,
- Very easy to dissolve or wind-up the company,
- Increases credibility, and
- Easier to raise capital for growth and investment as its a prefered business structure by banks, VCs, and investors for business investments
What you will get after company registration?
You will get followings after the incorporation process is completed;
- Digital Signature Certificate (DSC)
- Director Identification Number (DIN)
- Certificate of Incorporation/Registration
- Company PAN and TAN
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Employees State Insurance Corporation Registration (ESIC) and Employees Provident Fund Registration (EPFO)
