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Algorithm for starting a Private Limited Company: Engineer's View Personally I believe, If someone is starting a company with long term perspective or to bring some change through their unique Product/Services, one must go for Private limited firm. Prime reason for this is easy to raise funds from Angels/VC in case you go for investment. Step 1. Registration of Company 1. Name Selection: Check whether your desired company name is available or not at MCA website [ http://www.mca.gov.in/ ]. Name must be unique & must resemble with business you intend to do (highlighted one). EX: Arihant Labs Retail Services Pvt. Ltd 2. Registration of Name at ROC: Name approval usually takes maximum of 14 days. This is done online through MCA website. Moreover, you need to apply with at least 4 names for approval with a writeup about significance of names with main business of the company. 3. 1. Documents Required: 2. 1. Options for names for the proposed Company (on the basis of preference) 2. Amount of Share Capital; proposed shareholding ratio 3. A paragraph on the proposed major line of business of the company (main objects) 4. City of Registered Office. 5. Copy of ownership deed/sale deed(if property is owned) 6. Copy of rent agreement with NOC (if property is rented) 7. Copy of latest electricity bill/telephone bill/mobile bill for both directors 8. Copy of latest electric bill/telephone bill for the registered office proof. 4. Obtaining DIN & DSC: 5. 1. Documents Required 2. 1. PAN Card copies for directors and shareholders. 2. Voter ID/Passport/Driving License for directors and shareholders. 3. Occupation of the Directors for directors and shareholders. 4. E-Mail IDs of all directors and shareholders. 5. Phone Numbers for all directors and shareholders. 6. Photos for directors and shareholders 6. Company Incorporation: After above mentioned formalities have been completed, we need to file following forms/docs in Rs 100 stamp paper: 7. 1. Affidavits for non- acceptance 2. INC 9, INC 10 3. DIR 2 4. NOC : This is required to be filed by the owner of the property on which your company will be situated. 5. Subscriber Sheets of MOA & AOA 6. Documents required for filling MOA & AOA 7. 1. Must be filled on OWN handwriting 2. Passport size photos 3. Sheets needs to be witnessed by CA/CS/Advocate Step 2. Obtaining PAN/TAN: After company gets incorporated, you may apply for PAN/TAN. Step 3. Trade Licence in case you are selling PRODUCTS: This is required in some places for carrying out sales. You can obtain this from local Municipality. Step 4. VAT/CST registration for selling Products: For selling intra-state, you need VAT registration & for selling inter-state, you need to register for CST. 1. Documents Required: 2. 1. Trade Licence 2. Company Incorporation Certificate 3. PAN card of company as well as of all the directors 4. Proof of residence of Directors 5. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 6. MOA & AOA of company 7. Current Account in the name of company in any national bank Step 5. Service tax registration for Service Industry: In India, you need to pay service tax of 14.5% on every services you have charged customer for. 1. Documents Required: 2. 1. Company Incorporation Certificate 2. PAN card of company as well as of all the directors 3. Proof of residence of Directors 4. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 5. MOA & AOA of company 6. Current Account in the name of company in any national bank That's All folks! Your STARTUP is up to Conquer the World. UPVOTE & SHARE your views/issues We at labkafe [ http://labkafe.com/ ], prefer taxmantra [ http://taxmantra.com/ ] for our legal requirements.

Most of the times, a no. of Businessmen who want to incorporate the company, instead of taking the initial help/ consultancy of PROFESSIONALS, try to search the benefits and procedure of incorporation of company on internet. There are a no. of sites/ Blogs which provide the complete and thorough procedure of incorporation of company but after going through the complicated language used and the lengthy procedure in such sites, the individual gets confused and his mind diverted to the other forms of business i.e. Proprietorship/ Partnership Firms. So, here I have tried with my experience to elaborate the simple procedure in just 10 points to incorporate the company which will be beneficial for the Corporates/ Individuals/ Business man as well as Emerging Professionals:1. For incorporating a private limited company, there must be: At Least 2 Promoters: Promoters who will promote/ incorporate the company. Promoters may be individual or body corporate. ANDAt Least 2 Directors: Directors should be individual only. No Body corporate/ HUF or Partnership Firm can be appointed as Directors. For this the individuals will apply for DIN i.e. Director Identification Number in Form DIN 1 along with affidavit of Rs. 10 (Depending upon the stamp duty rates of the States) as an attachment along with PAN card copy and address proof (Driving Licence/ Passport copy/ Voter ID Card/ Electricity Bill/ Telephone Bill) which should either be self attested by Individual or notary attested. This DIN 1 has to be certified by the Professional i.e. CA/ CS/CWA who will signNow that the documents attached is the true copy of the original documents and the photo attached is of the individual who is applying DIN and that individual is known to such Professional or has come to him along with the original documents. The DIN will have then to be applied and will get approved through STP on the basis of Certification of Professional as if correct information is being filed.Generally, in most of the cases, Promoters and Directors are the same in Private Limited Companies.2. One of such two directors must have DIGITAL SIGNATURE who can apply with any of DSC Vender i.e. E Mudra/ Siffy/ TCS etc. These vender are known as signNowing Agencies who are duly appointed office of the Controller of Certification Agencies (CCA) under the provisions of IT Act, 2000. There are a total of seven Certification Agencies authorised by the CCA to issue the Digital Signature Certificates (DSCs). The details of these Certification Agencies are available on the portal of the Ministry Ministry Of Corporate Affairs. This Digital Signature has to be affixed over all the E Forms i.e. Form 1A, Form 1, Form 32 and Form 18 required for incorporation of Company.3. Then the promoters should apply for the name of the company to be approved with the concerned ROC of the State where the company has to be formed in E Form 1A by payment of Rs. 1000 through Credit Card or Net Banking, describing the capital of company, main objects, state in which the company is to be incorporated and to affix the digital of Applicant. The promoter can apply for 6 names amongst which the ROC will approve only 1. If the ROC rejects all the names, the applicant have another two chances to apply the name again with the same fees he has incurred while filing Form 1A.4. After the name is approved, the Directors/ promoters are to draft MOA and AOA. In MOA, the 5 clause mainly i.e. Name Clause, Registered Office Clause, Main Object Clause, Capital Clause and Subscribers Clause will have to take into consideration. And in Articles all the bye laws of the company corresponding to Companies Act, 1956 have to be considered. The names of First Director are mandatory to be given in AOA.5. These MOA and AOA should be followed by the tables of subscribers to be signed by subscribers in their own handwriting along with the shares to be subscribed by them before any person who will act as witness and will sign in the witness column that the subscribers have signed in his presence. The word subscribers here used is because of the reason that these subscribers will subscribe for the shares in the company at time of incorporation and will invest the minimum capital i.e. Rs. 1, 00, 000. They will contribute the amount by way of cash or cheque when the company gets incorporated and shares will be allotted to them followed by the share certificates6. After the MOA and AOA are drafted, Director will take the Professional Service i.e. from CA/ CS/ CWA to incorporate the company. Professional Service is mandatory as for incorporation, E Forms 1, 18 and 32 are to be filed which are to be Digitally signed by any One Director followed by Digital Signatures of Professional who signNow that all the documents and information is correct one.7. Form 1, 18 and 32 are to be filed online after the MOA and AOA are drafted. The E Forms have been described as follows:E Form 1: In such form, the Director is to give declaration that he is going to incorporate the company and the information filled is true and to the best knowledge to him. Information entered in E Form 1 is: The Authorised and Paid up capital of the company, Particulars of Promoters along with information of at least 2 Directors, The information about the companies in which such promoters are already acting as directors, The Stamp Duty fees to be paid and to attach the scanned copies of MOA and AOA along with their tables, duly signed by all the directorsE Form 32: In this E Form, the applicant is to give information about the first Directors of the company i.e. email id etc along with their(i) DESIGNATION i.e. Director/ Additional Director/ Managing Director(ii) Category i.e. Promoter/ Professional/ Independent/ Chairman/ Executive Director/ Non Executive DirectorThis E Form 32 is then digitally signed by one Director followed by signatures of Professional who will give verification that the appointed director has given declaration to the company that he/ she is not disqualified and not declared as an offender by any Court. The attachment in case of Private Limited Company in form of consent by Director to act as Director is optional but it is better to attach the same.E Form 18: The Applicant is to give here the office address as well as nearby police station address. Here the Applicant is required to attach the scanned copies of Rent Agreement for the office in case the office is taken on rent OR NOC from the person/ entity if the office is not taken on rent. The Proof of registered office address is mandatory which can be electricity bill/ telephone bill on any individual name but must be of that building where the office is to situate exhibiting that the building is in existence and not a fake one. This documents is to be digitally signed by the Director followed by Professional signNowing that he has visited the particular address given in E Form 18 and verified the same.8. The Applicant will then make the payment of Government Fees as well as Stamp Duty Fees through Credit Card or Net Banking after the E Forms are filed if the Government Fee is less than Rs. 50, 000 and can pay by challan to be deposited in bank if the fee is more than Rs. 50, 000. The E Forms then will be checked by the ROC at their level. And will approve if found all the information in order or may not approve if require some extra information or of the information is not in order. Then the applicant is to give that information and to file the necessary documents if requisite E Form 61 or to re-submit the forms if any form is not found in order.9. If the E Forms are found to be in order and gets approved by ROC, Certificate of Incorporation will be generated and will be dispatch online at the email id of the person/ entity given in the e forms.10. The Directors are to get the MOA AOA printed and to comply all the compliances after the company gets incorporated.Conclusion: Hope this above article will serve the purpose of incorporation of the Private Limited Company Registration for those Individuals/ Professional/ Business Man who does not find the required matter/ detailed Practical information etc. over the internet or somewhere else.

There is no one property management system that is ideal for every use case. It depends on who you are and what you are looking for in the system.For residential property managers:If you are a professional property manager and have full service clients, then I have found the best softwares are Yardi and Appfolio. Yardi is a bit more of a “legacy” system — robust but not as fresh as Appfolio, promoting a great UI/UX (user interface and user experience). If you are a property manager and do not use software, then IMO - you are failing at your business. Software will reduce your overhead costs and help mitigate risks of forgetting lease renewals, late fees, etc.. The cost and time related to the setup can be gruesome, but it is well worth it in the end. You’ll be able to take on more clients and provide them with a much better experience.For residential property owners:The majority of owners across the US (80%) self manage their properties. Most of them do not use software, because it is a relatively new concept for them. From a systems perspective, it will depend on what you are looking to accomplish with your real estate goals.Here is an article that all owners should read to understand what kind of management system they want (passive or involved) and what type of solutions cater to their needs.

Everybody can apply for a new Indian passport online by following these easy steps.Apply for a new Indian Passport onlineThe Indian passport is a travel document issued by the government which certifies the identity of its holder primarily for the purpose of international travel. You need a passport to enter and exit the country you wish to travel. A Traveler must have a valid passport with him/her if he wants to travel anywhere on the globe.If you want to travel to any country, then you must have an Indian passport. Governments all around the globe accept passports for travel purposes. If you do not possess a passport, then you should follow the following steps for Indian passport online application. Check: Visa free countries for IndiansSteps to apply for a new Indian passportYou must follow these four steps to apply for a new Indian passport:STEP 1- Indian Passport Online ApplicationThe first step that leads to the making of a new passport is an Indian Passport online application. You need to apply online for making of your passport. For this:You have to register yourself on the passport Seva website.After you have registered, log in to your account.Now you can see there is an option to apply. It must be of two types, a fresh passport or re-issue passport.You can fill the form both, online or offline.It is referred to fill your Indian passport form online on your own.The system will ask you various details like your personal details, family details, residential address, contact number (that must be working), etc.Proofread your form. Please make sure to check each and every detail twice or thrice to avoid any problem.You will be asked to upload some documents, which is not obligatory at all. After you have filled the details, you can pay the fee.Now you can schedule your appointment.If required, you can reschedule the appointment. You are not asked to pay any extra charges for this.STEP 2- Visiting PSKPSK is short for Passport Seva Kendra. It is a place where the fresh application of the applicants is processed for an Indian Passport.Make sure to visit the PSK at the mentioned time.You have to show your appointment message(SMS) at the entrance. You can also show the printed payment receipt.The basic requirements to show are the certificates of 11th and 12th standard or Aadhar card.In most cases, only these two documents are checked. In case there is an exception, other documents are also checked.On entering the PSK, you have to show your SMS at the reception.Then, they ask you for a self-attested photocopy of above-mentioned documents.They will give you a token number.Now, you have to follow the counters A->B->C. (In one of the Indian cities, token numbers were displayed on LCD screens with the counter numbers on which the applicants were supposed to go)Counters descriptionAt counter A, the attendant will scan the Xerox copies of your documents after comparing it with originals. Then, he will take a photograph of you and check your record of biometric details. The person will ask you whether you want to opt for SMS alerts or buy protective cases. You have to pay in cash for these services.At counter B, token numbers are again displayed on LCD screens. The documents uploaded by counter A are cross-checked here.At counter C, the same procedure is repeated as done on counter B.STEP 3-Police VerificationPolice verification is the third step to Indian passport making.After being done with formalities at PSK, you will get a notification that your form has been shared with the police station you mentioned and they are soon going to be in touch with you.Then, you will get a call from the police station and you will have to visit the police station will all the required documents (Electricity bills, aadhar card, index-2)The police officer will ask you some basic questions like what is your name? where do you live? What do you study and in which institute? where do you stay? Since when are you staying there? What does your father do? Do you have any police case against you? Have you broken any traffic rules?Then he will take a photograph of you and your signature.Next day, you will receive a call from the police commissioner’s office asking whether the police station you visited co-operated with you for the passport verification process. SMS alerts will be received regarding your Indian passport status from time to time.STEP 4- DispatchThe local police station verifies your details for Indian Passport.It is then sent to the commissioner’s office.The commissioner’s office forwards it to the ministry.After this process, your passport is ready to get printed.You will get your passport within 15 days.Note: You will be informed by your Indian passport status by SMS alerts. Make sure that somebody is present at your mentioned address when your Indian passport is to be delivered. If nobody is present, you may have to again face a hectic process to retrieve your passport.Documents required for a new Indian PassportProof for date of birth certificate and citizenship.An HR certificate on the letterhead, or a Bonafide Documentation from the School/College.Electricity bill, Gas connection bill, Telephone bill or Water bill in your name with a valid residential address.Bank account statement and a Voter ID card.Points you should remember while filling-up the Indian Passport FormFew things that must be taken into consideration while filling up the registration form (Indian Passport form) are as follows:• Always use block(capital) letters and leave a blank box between two words.• Fill the form carefully.Thailand Visa On Arrival for IndiansRenewal of Indian PassportWhen anybody wants the renewal of Indian passport, he/she can do it very easily due to online service. This facility is very useful for Indian expats. Anyways you can complete this task by following these steps.1. Register Yourself Online at the Passport Seva WebsiteRegister yourself with the Passport Seva Website for the renewal of Indian passport. You can do this by going to the website and clicking “New User Register”. When you register you will have to:Select the passport office that is connected to your present residential address.Enter your name, date of birth, email, login ID and password.Activate your account using the email they sent you so that you can access your account.After logging in, you will see an option in the menu: “Apply for Fresh Passport/Re-issue of Passport”. Click on this link and you will proceed to fill out the application.2. Fill out Your Online ApplicationFilling out your application is the primary part of your passport re-issuing and renewal process. You will see two options to fill out the application form and they will be presented as two alternatives. These alternatives are:Option 1 will put your application in a PDF form so that it can be downloaded and filled offline.Option 2 will put your details directly into the form you are using.It is recommended to choose the first option with the PDF form because you might not have some of the details of the form available to you at the time.If you are using the PDF form option, you will need to enter the city you are in and then click Validate and Save. You will then have to save your file as an XML file.The information you need includesCurrent residential addressInformation of your Spouse as requested by the documentTwo references including their full names, addresses, and phone numbers3. Get Ready for Your Indian Passport Renewal AppointmentSubmit the Indian passport renewal form and click the option on the left that says: “View Saved / Submitted Applications”.Select your application by clicking on the radio button.Click on “Pay and Schedule Appointment.”Select your time slot. Set your appointment and you will then be directed to the payment page where you can select which source you want to use to pay for the application.4. Requirements for Indian Passport RenewalIn the home page where Document Advisor for renewal / re-issue is listed; you will find some options listed for you.Click the respective option that is similar to your case and the documents you need will be enlisted. Here are the documents:An online form that you printed out.Original expired passport.Proof of address.The utility bills.Ration Card with a residential addressBank Statement and the passbook of a bank account with the address on it.Aadhar card(If your address is changed, you will also need a copy of the first, last and ECNR page of your passport that will require the self-attestation. You must provide proof of the change in address.)If you want to change any details of spouse’s information, the original marriage certificate and its photocopy signed by you will be required.Post for you: Check Iqama validityNew rules for Indian passport renewal in UAEThe online application is mandatory to seek passport services for Indian missions. Expats seeking for Indian passport renewal in UAE will have to submit their applications online before visiting any application processing centers.The online application was made mandatory for Indians living in Dubai and other five emirates under the influence of the consulate from the start of April 2019.The applications for passport services have to be submitted on the portal of Passport Seva at Indian Embassies and Consulates at the website: https://embassy.passportindia.go...The assimilation of the Passport Seva Project in India with the passport service system in UAE is an initial step towards issuing chip-based electronic passports. This project is meant to eliminate paperwork and cut down the time for issuing passports. The diplomats said that the integration was completed with the support of a technical team that came over from India to accompany the UAE team.And yet there was no public announcement, the consulate has posted the new rules for mandatory online application for Indian passport applicants on its website. BLS website has also listed the new procedure for passport application.The emissaries made it clear that the physical appearance of the applicants is still required at the centers of BLS International.The applicants have to go to the BLS centers with a printed copy of the application form submitted online and the other original documents that are required for verification.Applications are also required to be signed before their submission to the submission officer at BLS.What is BLS?BLS International Services Ltd. is an exclusive reliable partner to The Embassy of India / Consulate General of India, UAE which copes the Administrative Function of the Visa and Passport Applications process of Indian nationals.BLS website provides you with the up-to-date information of the application procedures involved in making an application for an Indian Visa and Indian Passport from UAE.All potential applicants are requested to go through the Guidelines for the various sorts of Visa, photograph specification, mandatory documents required for making a visa application and the fee structure for each type of visa prior to preparing the application for online submission. The Embassy of India has the sole and absolute decision to either Accept or Refuse your application. BLS International has no engrossment in the decision-making process of The Embassy of India, Abu Dhabi /Consulate General of India, Dubai.ADVANTAGESWith the applicants being able to fill the forms online, they can now avoid paying the service fee of Dh30 at BLS, it saves your time and money.However, the BLS centers will continue to provide the service for applicants if they are unable to do it by themselves for any reason provided.This new process has been implemented in the US, UK, and Oman.This will help the missions here to cut down the passport issuance timing from the present-day five days to two to three days.The online project is said to be a pioneer in issuing chip-based electronic passports.Recently, The Prime Minister of India Narendra Modi said that work was in progress to issue chip-based e-passports to Indian citizens under a centralized passport system.Steps for Indian passport renewal in UAEExpats can follow these simple steps for Indian passport renewal in UAE.1. Visit this website: https://embassy.passportindia.go... – the portal for “Passport Seva at Indian Embassies and Consulates.”2. Select the country that says: United Arab Emirates.3. Do single time registration by clicking the link ‘Register’. Now create a user ID.4. Log in by using the newly created user ID. It will take the applicant to his/her Home Page.5. Click on writing that states: “Apply for Ordinary Passport/Emergency Certificate/Police Clearance Certificate/Surrender of Indian Passport/Diplomatic Passport/Official Passport” to file a new passport application.6. Fill in the application form and submit it by clicking the submit button.7. After submitting the online form, take a print out of the application and keep it.8. Affix a photo at the designated place on the form9. Submit the printout along with required documents and prescribed fee at the nearest BLS Centre you visit.10. The application has to be signed before the submission to the officer at BLS.