Company Registration in Kerala

Pre-Registration process for Private Limited Company Incorporation in Kerala. There is some basic requirement for registering a private limited company in India such as-

1. You require at least 2 Directors or shareholders in the company
2. Valid Director Identification Number (DIN) for proposed Directors. It can take around 3-5 working days to obtain DIN.
3. One of the Directors should have a valid digital signature. The digital signature can be obtained in one hour.
4. Authorize Capital 1 lakhs

Name Availability​
The name you are choosing for your company should be unique in all over India. Within one or two days you can get a confirmation from Registrar of Companies (ROC) about the name you have applied.

Documentation​
When your company name is approved, you need to submit Memorandum of Association (MOA) and Articles of Association (AOA). At this stage, you need to pay stamp duty.

Filing and Registration​
You need to submit MOA and AOA with ROC along with Form 1 (Declaration), Form 32 (Details of Directors) and Form 18 (Details of Registered Office of the company). If you have submitted all the documents in order, your business will be registered, and the Certificate of Incorporation will be issued by Registrar. You can start the operations as soon as you get the certificate.

If you are starting a business with your friend or partner, then a private limited company is the best option for a start-up in Kerala. Here are some reasons to choose private limited company in Kerala-

1. The private limited company has a limited liability means your personal assets are separate from company’s assets.
2. If you want to raise funds from a venture capitalist or angel investors, then it is the best option for you.
3. It provides you name protection means no one can use the same name.
4. If you want to hire employees from reputed institutions such as IIMs or IITs and want to give them Employee Stock Option (ESOP) along with the salary, then you can go for this type of legal entity

In Kerala professional consultants charge around INR 18000/- to 25000/- to register the private limited company which includes all government costs and professional charges.

Limited Liability Partnership (LLP) has the features of partnership firm and a limited company. Management of LLP is defined by the LLP agreement, and partners have the freedom to regulate the affairs. Minimum two persons are required to register an LLP, and there is no restriction on a maximum number of members.

DPIN and DSC-
You are required to have Designated Partner Identification Number (DPIN) for every Partner and a valid digital signature for at least one partner.

Apply for the Name-
​Request a name which reflects your business and should be according to the LLP name guidelines.

Documentation
​After approval of the name, you need to submit LLP registration documents to Registrar of LLP. If all of your documents are in order, the Registrar of LLP will register the LLP and Certificate of Registration will be issued.

Execution
​Within 30 days from the date of incorporation, partners of LLP have to execute the LLP agreement, and the same has to file with Registrar of LLP with form 3 and Form 4.

In Kerala professional consultants charge around INR 9000/- to 10000/- to register the LLP which includes all government costs and professional charges.

One Person Company (OPC) is a similar legal entity like a private limited company. You need only one person during the registration process. When you are the single founder and want like a private limited company, this is the best option for you.

OPC Consultants charges between INR 13000/- to 15000/- for the OPC Registration in Kerala which includes all government costs and professional charges.

These three entities are registered with Ministry of Corporate Affairs and state MCA ROC Department.

You need at least two people for the registration of partnership firm. It is an unregistered legal entity. The cost of registration of partnership firm depends on the registrar of the firm. To register a partnership firm in Kerala professional consultants charge around INR 4000/- to 7000/- which includes all government costs and professional charges.

To register a proprietorship firm only one person is required. It is also an unregistered legal entity which gives you the right to do the business in Kerala. The cost of proprietorship firm in Kerala depends on the nature of business and tax registration. You can apply for local municipal party shop act license.