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Ah yes.The lifestyle of the rich and famous. Fast cars. Fancy outfits.Little stone statues at the front of the entryway. The allure is undeniable.And for real estate agents, the chance to eat a slice of the luxury pie is an alluring prospect indeed. ...Especially if that slice comes in the form of a 3% commission off of a multi-million dollar listing. But how does a realtor establish themselves as a luxury agent in the first place?Well, it’s not easy. You can obtain a GREL Certification, for starters.This will walk you down the path of becoming a legitimate, certified luxury real estate agent. But regardless, one thing is certain,To deal with luxury real estate, an agent needs to buckle down.Here are a five powerful tips that could fast track your goals to becoming a Luxury real estate agent.#1 YOU NEED TO KNOW WHAT YOU ARE DOINGBefore you even think of moving forward, ask yourself… do I know what I’m doing? There are many newbie real estate agents that jump from taking the test to becoming a luxury real estate agent.Unless you already have the background and experience in real estate, I strongly suggest you get some experience under your belt. That experience could help you avoid lawsuits and save you money.Simply taking 6 months to learn the ropes at a local real estate brokerage, while shadowing another successful luxury real estate agent, could be the difference in your failure or success. That extra experience will help you feel more confident when taking on a luxury listing and the mentor will help you develop the skills needed to be the greatest in your field.#2 YOU NEED TO LOOK THE PARTNormally we encourage real estate agents to relax and be themselves. Your clients will love you and appreciate your authenticity.Are you the laid back but trusted Realtor who wears jeans and flip flops every day? Show that in your marketing. Are you the young and modern Realtor with a focus on minimalism and technology? Show that in your marketing. I encourage agents to use their personality to market their businesses.However, when you are transitioning to luxury real estate, you need to figure out a way to make sure that your marketing and your style represents the luxury industry. Luxury real estate is a visual niche. The house, the car, the owners, the buyers and the agent all look the part.How to look like a luxury real estate agent? Here are some tipsPay for luxury branding – Make sure everything, from your website and business cards to your signs and advertising, is designed and printed to represent your luxury clientele.Dress to impress – Make sure your clothing is clean, pressed and tailored. First impressions go a long way when trying to win a listing. Just starting out? Purchase one or two neutral suits and multiple dress shirts/blouses. Keep them dry cleaned and wear those when meeting new clients or networking. The suits will be so neutral many won’t recognize you’ve worn it before. Switch up the blouses and/or dress shirts and you’ll always look professional and put together.Drive a nice car – It may sound vain, but in the luxury industry it is a necessity to make sure your car is nice, especially if you are driving luxury buyers around to look at homes. Your car should not only look nice but it should be clean and smell good as well. If you can't afford a luxury car, try Uber, a peer to peer taxi service, allows you to taxi luxury cars. Using Uber, you can sit in the back with your clients and they will get that luxury experience while going on walkthroughs.The only thing to look out for when using any taxi service is timing. This is why I don’t suggest using a taxi service when meeting with a seller unless you are paying them to wait for you outside. After presenting an amazing listing presentation you don’t want to be chilling around at a client’s house waiting for your ride.#3 YOU NEED TO UTILIZE THE LATEST IN REAL ESTATE TECHNOLOGYIf you want a luxury buyer to hire you as their agent or if you want to win a luxury listing, you need to show clients that you can provide them with the latest in real estate marketing and technology. Make sure you understand how to utilize the latest technology to find and market homes and that you can effectively combine that knowledge with traditional techniques.Remember, just having flashy tools isn’t enough. You need to know how to use them effectively to increase the client’s ROI.Technology Used by Luxury Real Estate AgentsElectronic signature softwareShowing feedback softwareInteractive yard signsBeautifully designed websites with powerful home search enginesActive social media and blogsCloud document storageVirtual phone numbersThe latest gadgets (Touch screen laptops, tablets, smartphones, etc.)#4 YOU NEED A LISTING PRESENTATION THAT WOWSTo win a luxury listing, you need to do more than click through a generic PowerPoint and pass out faded flyers and postcard examples. Instead – tweak your presentation to the property. Imagine the impression you’ll make when the seller sees a postcard with their house on it? And marketing that caters to their neighborhood and their current needs?Making those extra steps to personalize your listing presentation is worth the investment.Here are some key points to help you out.Pay for luxury branding – Make sure your listing presentation, listing package and examples are all professionally designed and printed to represent your luxury brand.Memorize your presentation – Although no two listing presentations will ever be the same, knowing the foundation of your presentation will be valuable. It will allow you to quickly and easily skip sections, answer questions without getting off-track and help you sound professional and knowledgeable about marketing real estate.Encourage participation – Get the sellers involved by allowing them to pretend to be buyers. Show them what happens when they text the number on the yard sign. Take them on a walk-through of their listings from your point of view. Luxury sellers are constantly being “sold” to. To get an edge, show them exactly why they should hire you. Actions speak louder than words.#5 YOU NEED TO SUPERCHARGE YOUR FOLLOW UPPotential clients searching for or selling traditional homes need basic follow-up strategies to convert them into clients. Those strategies include using the information collected in your CRM to send them email marketing, postcards and the occasional phone call.In retrospect, potential clients searching for or selling luxury homes need traditional follow-up combined with action to convert them into clients. Just sending a card that says happy birthday isn’t enough. For wealthy clients, sending gifts on birthdays and invitations to exclusive events in the area are key to establishing a healthy lead flow. Here are few tipsRemember the details – When you run into a potential luxury client, whether by chance or by a scheduled meeting, take notes and/or memorize the small details of their life. These small details include spouses, children, hobbies, vacation spots, etc. Make sure you put these things into your CRM and use these details to come up with innovative follow-up techniques.Use partner resources – Developing a lead funnel for luxury clients can be costly. This is why it is imperative to have partners that can provide discounts and resources to luxury amenities.The decision to buy and/or sell a luxury home isn’t an easy one. The real estate sales and lead cycle is already a long one – add in the luxury component and the lead cycle can be even longer. Don’t be discouraged if a potential client hasn’t responded after following up with them for longer than 3 months. Many times, they are busy, on vacation, or dealing with business. Unless they say “remove me from your list” keep marketing. You’ll be in the front of their minds when they are ready to hire a real estate professional.

Steps to Register Private Limited Company:-Step 1. Digital Signature Certificate(DSC) RequiredThe first and foremost step to start the registration process is to have directors & shareholders Digital Signature Certificate. Digital Signature are nothing but a USB drive(DSC token) which contains the encrypted digital signature of a person.It is same as a person is signing with a pen on a paper and with digital signature, a person can sign a document on Computer.Step 2. Directors Identification Number(DIN)Directors Identification Number(DIN) are mandatory for every person, who wishes to become a director in any company. PAN card is mandatory to have a DIN number. Director Identification Number is a unique code which has lifetime validity.Documents required for DIN ApplicationPAN CardAdhar CardElectricity BillPhone billMobile BillBank StatementNote: There can be Maximum 15 Directors in a Private Limited Company which can be received by giving Notice to ROCStep 3. Name ReservationAfter having DIN number. Name Reservation Application can be filed through Form INC-1 and Name will be reserved by the DIN numbers of the Directors. Following points should be considered while making the application for Name Reservation.The name should not be similar to any existing company or LLP name.The name should not be similar to any Registered Intellectual Property.In the event of winding-up of a company, the name of such entity will not be available for use for the next 2 years. However, if company winds up by the court order, then the name of such entity will not be available for use for the next 20 years.Step 4. Drafting of Memorandum of Association(MOA) and Article of Association(AOA)Memorandum of Association: It is the constitution of a company. It is a document, which among other things, defines the areas within which the company can act. It states the objects for which the company has been formed.  Articles of Association: It contains the rules and regulations relating to the internal management of a company. It serves as a binding contract between the company and its members. Once the company name is approved by the ROC, the subsequent step is to draft the MoA and AoA. The subscribers need to determine their name, address, and occupation in their own particular handwriting and sign the subscription pages of MoA and AoA.Step 5. Certificate of IncorporationAfter the submission and completion of all the necessary documents, the registrar of the company shall retain and register the memorandum and articles. After the registration of the Memorandum of a company, the registrar shall signNow that the company is incorporated. The digitally signed "certificate of incorporation" then will be emailed to the directors.

Here i paste a personal experience & comparsion of India’s Best 5 Online Company Registration Portal from each point.Note - Anonymous because i am team member one of the company ;)Source - Ashu Agrawal on Medium BlogWhen you start the business or a startup in India, there are lot of the hurdles. One of the most major problem is legal documentation and license to start any type of the business. so in this my personal blog i share about my experience on “how i choose best company registration websites or portal or service providers in india”.recently i shifted from delhi to bangalore and want to start a new online business as SAAS Model but have no idea about the legal things. me and my partner sudhanshu just create the prototype and testing model of the software with some beta user & generate small amount of the revenue from some companies. we just credit that revenue in our personal saving bank accounts but after that our clients not take us seriously by showing our personal bank account details.then i take seriously legal things & start searching about the reason to register my company legally in india on the google & found some good question on QuoraHere is the links on Quora — https://www.quora.com/Is-it-mand...So i found that there are mainly 4–5 reason as per my point of view -a) we need current business bank account instead personal saving bank account.b) we need payment gateway on our website which need documents submit to gateway companies like Instamojo | CCAvenue | Payumoney etc.c) we need tax registration to charge the tax from the clients like service tax or vat.d) we need a separate identity of the brand so our customer and people can trust on us like we are genuine business or company, not freelancers.e) we need intern or employees to hire and provide them certification in the starting.So now i understand properly that company registration is very urgent even before starting the business. we can start with the simple firm also if our budget is very tight for the legal things.then i again take the help from guru “Google” and found some reliable company registration service providers in India so i just compiled the list on the basis of the customer reveiw(found on web) and interface of the portal & initial proposal of the service.1.Vakilsearch : Its a good portal even one of the leading legal service provider company. its started in 2011 & today its provide lot of the legal services from business to tax registration & compliance.Pros — Good Upfront user interface with live chat option which is asking everytime your email id and contact number :p then their team member call to user. they have too many services on their portal. its a 5 year old company in market so you can easily trust on them. when i found the reviews about them then there are good reviews on mouthshut.here is the link of reviews — http://www.mouthshut.com/website...Cons — Live chat option is good but not provide every time instant solutions. they just asking for the mobile number and email id. even their team member call to us anytime and approach again & again which is quite irritating on calls communication. even i found their number on truecaller is blocked by lot of the people as SPAM. then another one problem which is feel by me like they are force always register a private limited or llp or opc only. when you have tight budget then you need a simple firm just only for the current bank account in the starting. they have some bad horrible reviews also on this.Here is the bad reviews link — https://www.consumercomplaints.i...2. Myonlineca : its a wonderful portal and service provider. the most important things which i liked it on their portal that is information in simplified way. for ex — comparsion between each type of the business formation is very simplified instead of the complex legal terms. even the front page video is also very helpful. i checked about the background of the company, its a just 1.5 year old delhi and jaipur based company.Pros — as describe above simplified way to explain the business & tax registration. Instant Proposal by submit the request form in the email box. Prefered Communication type in contact form like Email, chat or call as per user convenience. easy user interface and better pricing as compare to other portals. the biggest advantage of this company i.e they have 100+ positive reviews on the social media’s. so you can easily trust on them. one more thing i like on their website i.e big payments are in Installments based which secure your work & hard earn money.Here is their facebook reviews :— https://www.facebook.com/MyOnlin...Quora : https://www.quora.com/What-is-yo...Trustpilot — https://www.trustpilot.com/revie...Google Business PageCons — it’s a just 1.5 year old startup company so they have small team so i am not getting quick call from their side on the proposal. another side its a better for the user who are avoid the cold calls or want to deal quickly via email or whatsapp or chat. even i found just only one bad reviews on this similar problem on quora reviews.3. IndiaFilings : Its a similar kind of the portal like vakilsearch which is provided many more type of the services from business registration to tax registration. its a 3–4 year old company with a large inhouse team.Pros — similar to vakilsearch they have good UI Platform to interact with the customer like Live chat and customer dashboard etc. they have large client base with good team. when i search the reviews, found some good reviews.Here is the link of good reviews— https://www.sitejabber.com/revie...Cons — again on the basis of reviews there are common bad & horrible reviews which explain about the take fully payment upfront then not take care about the work or not getting proper answer from customer care team.Here is the bad reviews link — http://www.complaintsboard.com/complaints/wwwindiafilingscom-unprofessional-and-awful-company-c753910.htmhttps://www.sitejabber.com/revie...4. QuickCompany : Similarly myonlineca quickcompany is delhi ncr based 1.5 year old company. they are focus on major business and tax registration & trademarks. its has a good number of people details in their about us page.Pros :- Similar Good User Interface. the best thing on the website i.e is you can search the company or llp or opc names or trademark names database. upfront there is no live chat option but have good knowledge base portal where you can find your query yourself. if we talk about the reviews then find some good reviews on their facebook page.Here is the link — https://www.facebook.com/pg/quic...Quora — https://www.quora.com/Is-http-www-quickcompany-in-provides-the-best-services-for-company-registrationCons :- the first thing i noticed on their website i.e not find the service for the sole proprietorship firm or partnership firm. so again indirectly they force to register a proper private limited or opc or llp company. another thing its database is not updated live for the name search so its can’t be reliable every time. they have some horrible reviews also on the facebook & quora due to not follow up the work after the payment.5. Legalraasta : its a new startup again similar myonlineca & quickcompany Delhi NCR based 1 year old company. they have also many services from business , tax registration or trademark & other legal documentation etc. they get good traction from the lot of the customers.Pros :- Good Interface with the live chat option and get the instant proposal on the email by submit the form. they follow up via call and emails. have competitive pricing with the other above portals. has been featured in various news portal for the funding.Cons :- have not much idea about this but on the basis of the reviews user are complain about the higher pricing for the small task & not followup the work.Link of the reviews — https://www.sitejabber.com/revie...Google Business PageSo as per my view right these 5 are the good portal to register your company or startup online without going to anywhere. apart from this you can search the any local reference CA or try the justdial or urbanclap or indiamart etc.Some other Players — registrationwala ,wazzeer, cleartax (i heared lot about of Cleartax which is leader in tax filings but now they start the company registration services but have no idea about the experience with them but its too much expensive)Conclusion on my Experience — i strongly believe in the customer reviews even if you can resolved the problem of bad reviews of the customer then you are in good company. so i go with the myonlineca on their highest customer credibility reviews. i just place the request on their website and get the proposal in simplified manner on my email. i revert back on their email with my queries & also get in touch with them via Whatsapp then send the documents in just soft copies mobile images or scanned & my work is done in next 12–15 days and able to open the bank account on certification which is provided by them.

The term subsidiary means a there should be either a private limited company or a public limited and at least 51% of its entire equity capital should be held by some other Indian or foreign company. To incorporate a subsidiary of a foreign company, the following article will help:How to incorporate a wholly owned subsidiary in India?Any foreign company can incorporate a wholly owned subsidiary company in India. In India, private limited companies are most popular form of business structure and therefore most obvious choice of foreign companies. In an Indian private limited company, there can two shareholders and two directors and at least one Director should be resident in India. 100% shareholding of an Indian private limited company can be owned by its foreign holding company and the requirement of having at least two shareholders can be fulfilled by giving one share to the nominee of foreign company. Wholly owned subsidiary company incorporation process is fast and hassle free and can be completed online. That means the promoters or their nominee doesn’t have to necessarily fly to India to incorporate a wholly owned subsidiary company. The step by step incorporation process is discussed below:Obtaining Digital Signature CertificateSince all incorporation papers are submitted to the Central Registration Centre, Ministry of Corporate Affairs (registering authority to register all types of Companies in India) online, so all the Individual promoters are required to have a class II type of digital signature certificate issued by any private agency such as SIFY and/or E-Mudhra. These agencies holds a license from the signNowing Authority (Under the provisions of Indian Information Technology Act, 2004) to issue digital signature certificates to individual and organisations.Digital signature certificates are generally valid for one or two years and can be used after incorporation as electronic signature of the individual promoter for submitting any document with the MCA or the Income Tax Department.To obtain digital signature certificate, the applicant has to fill, affix his/her passport size recent colour photograph and sign an application form of issuing organisation (SIFY and/or E-Mudhra). This application form is submitted to the issuing authority along with a self-attested and notarised/apostilled proof of identity and proof of address of the applicant. In case the proof of identity and address is not in English language, then a certified translated copy of the same shall be submitted along with the filled in and signed application form.1. Filing name application and obtaining name approval from the Central Registration Centre, Ministry of Corporate AffairsAfter the introduction of SPICe (A single form for submitting incorporation application), name of proposed company can be submitted in SPICe. However, it is general practice to file name application in RUN (Reserve Unique Name) and obtain name approval certificate from the Central Registration Centre, Ministry of Corporate Affairs before preparing the Memorandum and Articles of Association and SPICe. RUN is filed online after logging in on Ministry Of Corporate Affairs. Two options for the proposed name, in order of preferences, can be submitted. At this stage, a certified true copy of the Board resolution of parent company, giving no objection for the incorporation of a subsidiary company in India and authority to any Individual to sign the papers on its behalf will be necessary. The copy of Board resolution should be notarised/apostilled, in the home country of parent company. In case the parent company has any registered trademark in India, or elsewhere, and the same is being used in the name of proposed Indian company, a no objection of the parent company in the form of Board resolution along with trademark registration certificate shall also be necessary to get name approved.The Central Registration Centre shall provide two opportunity to the applicant, in case the name applied is not available for registration, thereafter a fresh name application in Form RUN shall be filed. MCA fee for filing Form RUN is INR. 1,000/- which is non-refundable.Once approved, the name shall be available for registration for 20 days and after expiry of 20 days, the approved name shall automatically be withdrawn and a fresh name application shall be filed to get the same name again. In short - incorporation papers must be submitted within 20 days of name approval.2. Memorandum of Association (MOA) and Articles of Association (AOA)The main constitutional documents of an Indian company is its Memorandum of Association and Articles of Association. The Memorandum of Association contains the objectives of the company and details of Company's promoters and their ownership in the company and also their liability in case of liquidation. The Articles of Association is also very crucial piece of document and it contains the rights, duties, obligations of promoters and directors. It defines working relationship of company with its promoters and directors. The company's Memorandum of Association and Articles of Association has be very carefully drafted as a company cannot go beyond the provisions of its Memorandum and Articles of Association.The Memorandum and Articles of Association contains subscriber page, which needs to filled in and signed by the promoters of the proposed company. In case promoter is a body corporate, the subscriber page of the Memorandum and Articles of Association shall be signed by the person authorised by the parent company through a Board resolution. In case subscription pages are being signed outside India, the same needs to be properly notarised/apostilled in order to be a legally recognised document in India. In case promoters are traveling to India to get the company incorporated and sign subscription page or other incorporation papers, they must travel to India on a valid Business Visa. However, it is not necessary for the promoters to travel to India for simply incorporating a company and an Indian company can be incorporated without requiring the promoters to fly from their home country.3. Preparation and submission of SPICe (Incorporation Papers)Once company's Memorandum and Articles of Association is finalised and executed, an incorporation application shall be prepared in SPICe and submitted online with the Central Registration Centre, Ministry of Corporate Affairs. In order to prepare SPICe, the following information and papers shall be necessary:à Service Request Number of RUN (Name application Form), in case name is reserved earlier. In case the applicant has not reserved the name earlier, name application can be filed in SPICe as well. However, it is advisable to get the name reserved through RUN to be double sure about name and avoid procedural hurdles in case the proposed name faces rejection from the Central Registration Centre;à Main business activity code of the proposed company;à Particulars of registered office address: In India, every company must have a Indian address to be used as registered office of the company within fifteen days of incorporation. Particulars of registered office address can be submitted in SPICe at the time of incorporation. In case registered office address is not finalised, then particulars of a local communication address has to be provided in SPICe and company can submit the particulars of its registered office in Form INC – 22 within 15 days of incorporation;à Particulars of Authorised and Paid-up share capital of the company: There is no requirement to have minimum paid-up share capital and therefore, paid-up share capital can be as low as INR. 1/-. The authorised share capital or nominal capital is maximum limit of share capital, a company can issue shares. Presently there is no incorporation fee for keeping the authorised share capital upto INR. 1 Million and only stamp duty has to be paid on authorised share capital. It is advisable to keep the authorised capital INR. 1 Million at the beginning. The company's authorised capital may be increased at later stage after incorporation as per the requirements of capital;à Particulars of Directors/Shareholders: After introduction of SPICe, the application for allotment of DIN (Director Identification Number) is submitted at the time of incorporation itself through SPICe. DIN is a eight digit unique number allotted to all the Directors by the Central Government and is valid for lifetime. To obtain, the Directors/Promoters has to their passport and any document establishing proof of address. The copy of passport and proof of address must be self-attested, duly notarised and/or apostilled. In case these documents are not in English language, then a certified translated copy shall also be necessary. In SPICe, the names, father's name, residential address, nationality, residential status, occupation, education qualifications, the number of shares to be held by them in the company and amount paid-up etc. shall be mentioned. Particulars for allotment of PAN and TAN shall also be filled in the SPICe. After filling the necessary details in the SPICe, necessary attachments such as affidavits, consent letters, Memorandum of Association, Articles of Association, Proof of Identity and address of promoters, Board resolution of parent company, no objection of parent company for letting the proposed Indian company use its name etc. shall be attached. The SPICe has be be digitally signed by the applicant and the same shall be duly certified by a practicing professional such as a practicing Company Secretary, Chartered Accountant or a practicing Cost Accountant.4. Clarifications | Additional information requested by the Central Registration CentreAfter submitting SPICe online, all the papers are reviewed and scrutinised by the officials at the Central Registration Centre and they may require some additional information and/or clarifications by sending back the form for its re-submission. These clarifications are requested through e-mail though re-submission request. Upon receipt of re-submission request, the applicant has to again prepare SPICe and address the queries raised by Central Registration Centre and re-file the application.5. Certificate of Incorporation & Allotment of PAN & TANOnce all clarifications are provided and officials of Central Registration Centre are satisfied, they approve SPICe and send the same to the Income Tax Department for the allotment of PAN and TAN to the proposed company. PAN and TAN are generally allotted within few hours and after allotment of PAN and TAN by the Income tax department, an electronic Certificate of Incorporation is generated. The electronic Certificate of Incorporation contains company name, an unique CIN, date of incorporation, Company's registered office address, Company's PAN and TAN. After incorporation, first Board meeting of the company is to be necessarily held within one month of incorporation, wherein a Board resolution to appoint the first auditors of the company and opening of corporate bank account shall be passed. After issuance of Certificate of Incorporation, the promoters can initiate the process of bank account opening and remittance of share application money in Company's bank account. To open a corporate bank account in India, the Directors of the Company will have to be physically present to sign the bank account opening documents as this is general practice adopted by banks.Since the Narendra Modi government came into power in 2014, many initiatives to promote the business climate of the country has been taken by the Government. India's incorporation process is effectively fast and simple and a company can be incorporated in 2-3 business days only.We at Pratham Legal can help you incorporate your wholly owned subsidiary in India. To get in touch with me, please write me at prashant@prathamlegal.comor call me at +91 9821008011. To know more about Pratham Legal, our India entry practices, please visit https://prathamlegal.com/our-pra...

Are you looking for Experts in Private Limited Company Registration online?When it comes to private limited company registration in India, then Virtual Auditor would be your most preferred choice.When you start Private limited company registration online in India, you need to aware ofPrivate limited companyLLP (limited liability Partnership)One Person Company.Depending upon the legal entity apart from the founders, if you have investors then you can call them as Shareholders. In most of the cases, in the starting founders & shareholders are the same because they are investing the money in business and run as bootstrapping.So here is the short guide to choosing the right legal entity to start a business in Indiaa) Private Limited Company Registration –When you have the two co-founders or want to raise the money from angel investors or venture capitalist in future then always go with the private limited company registration in India.b) Limited Liability Partnership | LLP Registration – When you have two partners or co-founders but have enough money to invest in the startup for the long terms & need limited liability in the business then go with the LLP company registration in India.c) One Person Company Registration –OPC is similar to the private limited company so it’s a best when you are the single founder of the company & need just a limited liability in the business with company legal status and 100% control over the business then go with the One Person company registration in India.Apart from above 3 legal entity if you have any business ideas which is untested then you have to always choose the simple sole proprietorship company registration in Bangalore to test the ideas before going proper pvt ltd company registration.To know more about the company registration in india, do feel free to get in touch with our service experts who would be glad to help you in every possible way. For more details contact us +91 9176044244Choose Virtual Auditor. Complete procedure and Guidelines available in this link Company Registration Steps - Reuters

You can close your Pvt Ltd. Company in India under Fast Track Exit (FTE) Mode. Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956 in time bound manner.LegalWiz.in provides service of “Dissolution of a Private Limited Company” under Fast Track Exit Mode at a nominal cost of Rs. 18,999/-.There are two main criteria:-•The company applying under FTE should not have any asset and liability.•The company should not have commenced any business activity or operation since incorporation or at least one year must has been passed since last business activity or operation.Under FTE Mode, you will have to file an application in the prescribed Form along with prescribed Fee of Rs. 5000/-, online with the Registrar. The form shall be accompanied with an affidavit, an indemnity bond, statement of account duly certified by a Chartered Accountant in practice or auditor of the company and copy of board resolution showing authorization for filing the form. In case, the digital signature of any of the director or Manager or Secretary is not available for affixing to Form FTE, a physical copy of the Form duly filled in, shall be signed manually by a director authorized by the Board of Directors of the Company and shall be attached with the application Form at the time of its filing electronically. Form FTE, shall be certified by a Chartered Accountant in whole time practice or Company Secretary in whole time practice or Cost Accountant in whole time practice.However, the following companies cannot apply under fast track exit mode-1. Listed Companies.2. De-listed Companies due to non- compliance of Listing Agreement or any other statutory Laws.3. Section 25 Companies.4. Vanishing companies.5. Companies where investigation / inspection ordered and yet to be taken up or pending.6. Companies where order u/s 234 has been issued by ROC and reply is pending.7. Companies where prosecution for a non-compoundable offence is pending in court.8. Companies accepted deposits which are outstanding or default in repayment.9. Company having secured loan.10. Company having management dispute.11. Company for which filing of docs have been stayed by court or CLB or CG or any other competent authority.12. Company having dues of Income tax / sales tax / central excise / banks / financial institutions / CG / SG / other local authorities.13. Companies not having active / dormant status on MCA portal.Our team of expert CAs, CS’s and lawyers would be glad to help to you with dissolving your Private Limited Company. Write to us at support@legalwiz.in or give us a call on our toll-free number: 1800–313–4151.