Company Registration in Lucknow
How does one register a company in Lucknow? Are you perplexed about the process?
Well, establishing a business can be frightening, but registering your business is essential for establishing credibility, safeguarding your assets, and gaining access to capital.
Lucknow, the capital of Uttar Pradesh, has tremendous opportunities for entrepreneurs seeking to launch or expand their companies. With a thriving economy and a business-friendly atmosphere, Lucknow offers a variety of advantages to entrepreneurs wishing to register their businesses.
In this article, we will discuss the legal requirements and procedures for registering a company in Lucknow and offer practical advice for easily navigating the registration process.
What Is the Affordable Way to Register a Company in Lucknow Jurisdiction?
In recent years, Lucknow has experienced tremendous growth in various industries, including manufacturing, tourism, and information technology. To encourage entrepreneurship and make it easier for businesses to register in the state, the Uttar Pradesh government has also implemented several policies and initiatives.
These changes have produced a favourable climate in Lucknow for companies of all sizes and types to flourish.
Registering your company in Lucknow can provide various benefits to help you reach your business objectives, whether you are a first-time entrepreneur or an established business owner wishing to grow your operations. We will guide you with the necessary direction you require in this blog to make the company registration procedure in Lucknow as easy and hassle-free as feasible.
Only 2 to 15 directors in India may be chosen for online company registration.
No minimum paid-up capital is necessary to create a private limited company in Lucknow. Moreover, the name must should end with Pvt. Ltd. (in case of Private Limited Company) or Ltd (in case of Public Company)
If the following conditions are met, forming a business in Lucknow is simple:
- minimum of two directors who are Indian citizens
- There must be a minimum of 2 shareholders.
- There must be a registered address.
- Directors should have DSC and DIN.
The following paperwork has to be provided in Lucknow to register a private limited company:
- All of the directors’ PAN cards
- Identity document with the applicant’s name on it
- Proof of address with the applicant’s name
- Passport Size photograph of the applicants
- Rental Agreement
- NOC from the owner for authorising the use of premises
- Utility Bill (Not older than 2 months)
In Lucknow, company formation is simple and takes only 10 days.
How Do I Register My Startup Company in the MCA Portal of Lucknow?
Registering your company in Lucknow with MCA is an online process and it involves the following steps:
1. Name approval
Reservation of a name by filing SPICe+ Part A is the first and most important step in registering a company in India. The business must submit two names in order of preference. The names must be backed up by a justification and the company’s goals after incorporation.
2. Getting DSC and DIN.
All individuals who want to join the proposed company as a director or subscriber must have a Digital Signature Certificate (DSC).
Every director must receive a Director Identification Number (DIN) before being appointed. The SPICE + form allows applicants to request up to 3 DIN.
3. Submitting a request to the ROC
A Form SPICE+ B application is submitted to the Registrar of Companies for incorporation along with an MOA, AOA, and AGILE-PRO-S connected web form to obtain a “Certificate of Incorporation.”
4. Incorporation Certificate
After scrutinising all the documents, the Lucknow ROC will issue an “Incorporation Certificate”.
What Are the Documents Required to Register a Company in Lucknow?
From the Directors,
- If you are a resident, a copy of your PAN, or a PAN Declaration (in case of Non-Resident)
- Form INC-9 Initial Directors’ Declaration*
- A copy of each of the following: identity evidence (driver’s license, voter ID, or passport); an address proof (bank statement, phone bill, mobile bill, or petrol bill that is no older than two months);
- Declaration of stake in other entities; Consent to serve as directors;
- a copy of the sale deed or property deed, if the property is owned, or the lease deed, if the property is rented;
- copy of the registered office’s phone, mobile, electricity, or petrol bill (anyone not older than two months);
- Memorandum and Articles of Organization; No-objection Certificate from Property Owner for Use as Registered Office along with rental agreement and Utility Bill.
- Copy of voter identification, driver’s licence, or passport; Copy of PAN (if resident); Copy of passport (if non-resident);
- a copy of residential identification (bank statement, phone, mobile, or petrol bill, no more than two months old);
Note 1: All documents mentioned earlier should be notarized or apostilled in the event of foreign directors or subscribers. Documents not in English should have a translated copy that has been notarized or apostilled.
Note 2: If a different firm is the company’s subscriber, the following documents will be needed: a copy of the subscriber company’s resolution and the subscriber company’s certificate of incorporation.
What Is the Cost of Getting a Govt Licence to Register a Company in Lucknow?
The cost of getting a government licence to register a company in Lucknow depends on various factors, such as the type of company, authorised capital, stamp duty, etc. The registration fee for a private limited company in Uttar Pradesh is generally around Rs. 4,000 to Rs. 5,000 if the paid up capital is upto INR 10 Lakhs.
However, it’s best to consult with a professional business service consultant to get accurate information on the registration cost.
If you thoroughly understand the legal requirements and procedures, registering your company in Lucknow can be smooth and straightforward. The benefits of registering a company cannot be overstated; they include increased credibility, limited liability, and access to funding opportunities.
To ensure successful registration, seek out the assistance of our Instafilling professionals, who can provide accurate and up-to-date information, assist with documentation, and provide practical guidance on compliance with applicable laws and regulations. These steps will enable you to avoid pitfalls and position your business for long-term success.
In addition to those above, keeping abreast of ongoing legal and regulatory developments that may affect your business is essential. By doing so, you can stay ahead of the curve and make well-informed decisions to help your company thrive in Lucknow’s dynamic business environment.
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