Overview - Company Registration Coimbatore
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Company Registration in Coimbatore
Company is the most trusted and visible business structure in India. A Private Limited Company in India is registered under the Companies Act 2013 with limited liability.
Coimbatore is the second largest city in Tamilnadu after capital Chennai. Coimbatore is a hub of manufacturing, education and healthcare in Tamil Nadu. The City houses more than 25,000 SMEs which are in to engineering and textiles. The City is also called the "Manchester of South India" being the textile industry hub, surrounded by cotton fields.
Coimbatore is also a major location for the manufacture of automotive components in India and it is also referred to as "the Pump City" as the city supplies nearly 50% of India's requirements of motors and pumps. The city is one of the largest exporters of jewellery famous for diamond cutting, cast and machine made jewellery.
The City has a large number of poultry farms and is a major producer of chicken eggs. The city contributes to nearly 95% of processed chicken meat exports of India.
In the State of Tamilnadu, there are 2 offices of Registrar of Companies at Chennai and Coimbatore. Registrar of Companies, Coimbatore, has the jurisdiction over districts of districts Coimbatore, Dharmapuri, Dindigul, Erode, Krishnagiri, Nammakkal, Nilgiris and Salem.
Company Registration in Coimbatore is an online process with Companiesinn. With over 11 years experience in online company registration in Coimbatore with an affordable rate to startups, we have helped more than 20000 startups across India. Now with the help of our online order processing tool, we make registration of company in coimbatore and anywhere in Coimbatore more affordable and accessible to every aspiring entrepreneur at the comfort of your home.
Company registration in Coimbatore is regulated by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA), Registrar of Companies, Coimbatore and is processed at the Central Registration Centre (CRC).
Central Registration Centre (CRC)
Today, company registration process in coimbatore and other regulatory filings are paperless; documents are filed electronically through the MCA website and is processed at the Central Registration Centre (CRC).
Company Registration process in Coimbatore is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.
Incorporating a company in Coimbatore is a systematic process of collection and submission of details required as per the requirements of Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time. Management of the process requires in-depth knowledge of legal requirements and not to mention, practical experience of the same.
Requirements for Company Registration in Coimbatore
There are certain prerequisites to registering a company in coimbatore in . Requirements and process of registration of company in coimbatore depends on the type of company, These are minimum shareholders and directors, etc for different types of Companies.
Basic requirements for company registration in Coimbatore are given below:
1. Shareholders
To register a Private Company in coimbatore, there should be a minimum of two shareholders. The first shareholder(s) should execute the Memorandum and Articles of Association for registering the Company.
2. Directors
A Private Company should have a minimum of two directors Only individuals can be designated as directors of a company. Where a new company is registered by two or more existing companies or LLPs, the promoter company or LLP can nominate individuals as directors of the new company. An individual should hold a valid DIN to become a director of a company.
3. Digital Signature Certificate
All filings including are made through the MCA online application system, appended with a valid Digital Signature Certificate (DSC).
4. Company Name
The name structure of a private company is Name (Noun/Coined Word) + Activity Word + Private Limited. For eg. Companiesinn Solutions Private Limited. Proposed Company Name shall comply with the Company Name Availability Guidelines under Companies Act 2013
You can check the company name availability in coimbatore and make sure there is no Company or LLP name already registered the same or similar name that you propose.
How to select a Company Name in Coimbatore? : Selection of a company or LLP is the most unpredictable task in the process of starting a company and LLP. Naming of a Business by a promoter is a logical decision and approval of the name by the office of the Registrar of Companies is a legal decision.
How to select a Company or LLP Name in Coimbatore is a logical process an entrepreneur has to carry out before starting the process of Company Registration in Coimbatore
5. Share Capital
The term Share Capital in a Company means the amount invested by the owners of the company for running the business.
There is no minimum capital (Authorised or Paid up Capital) requirement for registering a company. However, the registration fee payable to the Registrar of companies depends on the different slabs of Authorised capital of the company.
6. Registered Office Address of Company
Registered Office of Company in Coimbatore refers to the official correspondence address of a company or its principal place of business. The address of the Registered Office will be used for all official communications of the company.
7. Commencement of Business by Company in Coimbatore
The First Shareholders must bring the subscribed capital to the Company within 180 days of Company Incorporation. The Company can commence the business activities only after filing a declaration to the Registrar that every subscriber to the memorandum has paid the value of the shares agreed to be taken by him.
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Companiesinn is the only online legal service provider have the ability to evaluate legal questions and advise without human intervention.
Company Registration - Coimbatore | Tamilnadu - Requirements
Place order with CompaniesInn
Complete the online E-Lawyering Interview
Generate Company Registration Documents for execution by Shareholders and Directors.
Submit Executed documents to CompaniesInn
File RUN Application (Optional)
Obtain DSC for Shareholders
Filing of Company Registration Documents with MCA
Verification by the Central Registrar of Companies (CRC)
The CRC verifies the application and ishall register the Company and will issue the Company Incorpor
Company Registration Process in Coimbatore
Company Name Application
The applicant has two options to proceed with Company Name Application.
Option 1. Get the Company Name Approval under RUN Application process and proceed with File an application for Company name approval first and then go for Company Registration; or
Option 2. File the Integrated Company Registration Form.
The Company name can be reserved through SPICe incorporation process. In case of name application through SPICe form, only one name can be submitted for approval. However, if the first applied name is rejected, the application can be resubmitted 2 more times with alternate names.
Preparation and Filing of Company Incorporation Documents in Coimbatore with MCA:
Under the SPICe incorporation process, Company Incorporation Process in Coimbatore consists of preparation and filing of the flowing E-Forms:
a. e-Form INC-32 - Simplified Proforma for Incorporating Company Electronically (SPICe)
b. e-Form INC-33: e-Memorandum of Association (SPICe MoA)
c. e-Form INC-34: e-Articles of Association (SPICe AoA)
All the documents executed / notarised / attested as per documentation requirements has to be attached to the e-Form INC-32 / 33/ 34 and the e-Forms has to be digitally signed with the Digital Signature Certificate (DSC) of all the proposed shareholders / representatives.
There is NO Registration Fee payable for filing of e-Form INC-32 for all types of Companies in Coimbatore if the authorised capital is less than or equal to Rs.15 Lakhs at the time of registration. However, filing fee for e-Form INC-33 / 34 and stamp duty is applicable for registration of any Company.
Processing of e-Forms by the office of Central Registrar of Companies - Coimbatore
The Central Registration Centre (CRC) processes the application and if found the details / documents are in order, the Central Registrar of Companies shall register the Company and issue the following:
Company Incorporation Certificate
DIN for Directors
Permanent Account Number (PAN)
Tax Collection and Deduction Number (TAN) to the New Company.
Documents Required
ID & Address from Directors and Shareholders
Shareholders and Directors have to submit Identity Proof and Latest address proof
Acceptable Documents
- Primary ID - Permanent Account Number (PAN)
- Additional ID - Aadhaar Card or Driving License
- Latest Address Proof: Telephone Bill or Voter Identity Card or Passport or Electricity Bill or Bank Statement or Bank Passbook with latest entries
Documents Required for Company Registration in Coimbatore
To get the Company registered in Coimbatore, you need to provide below documents. The documents can be submitted through online
Documents to be Signed by all SHAREHOLDERS
- Application for Digital Signature Certificate (DSC)
- Declaration by Subscribers & Director: INC-9
Documents to be Signed by all DIRECTORS
- Consent to Act as Director: Form DIR-2
- Details/Information for DIN
- Declaration of DIN (If DIN is allotted already)
Registered Office – Address
- No-Objection Letter from the owner of the Property
- Address Proof – Electricity bill
Additional Documents
The following documents are required on a case to case basis:
- NOC for Use of Name from Trademark owner
- Resolution and NOC from an existing Company / LLP for user of similar names Declaration for complying sectoral regulatory compliance
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Advantages of Company Registration Coimbatore
Better Business Credibility and Acceptance
Private Limited Company is the most credible and accepted business organization across the business world as its structure is well known to the business community and public.
Ease of attracting Customers and Vendors
Private Limited Company can attract more Customers. Also, Corporate customers, Vendors and. Agencies prefer to work with a Private Limited Company than a Partnerships or Proprietorship.
Ease of Fund Raising from Investors
Private Limited Company is the best business model for attracting investments from Angel Investors, Venture Capitalists and Private Equity Investors. The investor community prefer Private limited Company for funding than LLP. OPC cannot raise funds from t
Preferred Business Structure for Investor
Investors will always prefer Private limited Company as the shareholding structure of Private Limited Company is directly connected with the Equity / Preference share investments.
Ease of attracting Employees
Talented workforce prefer to work with organised business setups. It is easy for Private Limited Company to attract and retain technically talented workforce with structured Employee Stock Option Plans (ESOP).
Limited Risks for Business Liability
A Private Limited Company is a limited liability organization. The shareholders liability is limited to the extent of shares held in the company and ends once he pays for the share. In case of proprietorship and partnership, the proprietor and partners h
Protection of Personal Assets to owners
Since the liability of owners is limited, their personal assets are protected against business risk as the company's liability is not the owner's liability. Shareholders and Directors of Private limited Company are not personally responsible for busines
