When it comes to startups and small businesses, the government of Kerala encourages people a lot by their state and central government policies. These favorable economic policies provide situations for people to start their own companies and ventures inside Kerala. When it comes to entrepreneurship, the state becomes a booming one with lots of young minds and talents. It is also mandatory to register your business under the Companies Act of India
When you start planning to start a software company in Kerala, then the first thing you have to think is about the type of entity you should choose. Some of the different types of entities are
1) Sole Proprietorship
2) One Person Company (OPC)
3) Partnership
4) Limited Liability Partnership (LLP)
5) Private Limited
6) Public Limited
Getting a private limited registration for your company is the best one, but if you are a startup and if you are in the early stages of your business, getting private limited registration is not advisable. It’s really an expensive one, you can get this private limited certification whenever you need it.
If in case your business has to deal with some foreign clients then it is a must to have your company registered. If you start a software company in Kerala then it has to be registered according to the Companies Act of India. If you are alone then you can choose One Person Company for your business.
Whereas a minimum of 2 partners was required to form a Private Limited Company or Limited Liability Partnership (LLP). To form a Private Limited Company or Limited Liability Partnership (LLP), there is a minimum of 2 partners required.
Steps in Private Company Registration:
When you are starting a software company and planning to have partners in your business and looking for private company registration, these were the few steps involved in the registration process.
- DIN should be applied for both Directors. (for private limited registration at least you should have a minimum of 2 partners)
- Digital Signature should be obtained for both Directors.
- Choose the company name accordingly it should be approved
- Memorandum of Association (MOA) and Articles of Association (AOA) should be finalized
- File Incorporation with Roc
These are the mandatory documents required to register your company in Kerala. Apart from that, you need to have
- Passport- size color photographs
- Pan-card is mandatory
- Address and ID proof of the partners
- DIN should be generated(for all directors)
- Address proof of the organization/company
Bottom line:
Then what are you waiting for registering your software company in Kerala is not a tedious job, whereas a long ago it is really a time-consuming job and there were no support or guidance. But it is not like that nowadays, many offer company registration in Kerala with very few simple steps and you no need to spend more time on that. We are here to help you with answering all your queries and proper guidance on each and every step for registering your company in Kerala.
