Qualified Pvt Ltd for Chromepet (PIN 600044) and adjacent Tambaram — with same-day acknowledgement delivery
Pvt Ltd Company Registration for it services businesses in Chromepet near Madras Institute of Technology with on-time portal submission and full statutory reconciliation. Call 9566-068-468.
Section 173(1) requires the first board meeting to be held within 30 days of the date of incorporation. Items typically transacted include taking note of incorporation, first directors' disclosure of interest under Section 184, opening of bank account, appointment of first auditor under Section 139(6) within 30 days, adoption of common seal where applicable and approval of preliminary expenses. Minutes must be entered in the minutes book under Section 118.
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Prices exclude GST. For enterprise pricing, call 9566-068-468.
Expert Pvt Ltd in Chromepet — qualified professionals, 15+ years experience, zero-penalty track record.
First board meeting drafted and held within 30 days of incorporation. Section 184 director interest disclosure in MBP-1, Section 139(6) auditor appointment, opening of bank account, preliminary expenses approval — all minuted in the Section 118 minutes book.
Where any individual holds 10% or more beneficial interest in shares — directly or through layered structures — BEN-1 declaration by the SBO and BEN-2 filing by the company are completed at incorporation. Avoids the post-facto Section 90(11) penalty of ₹10 lakh on the company and continuing default.
For Chromepet startups planning institutional fundraising, the AOA is drafted with provisions for equity, preference and Compulsorily Convertible Preference Shares (CCPS) including conversion mechanics, anti-dilution and liquidation preference — saving an MGT-14 amendment exercise at the time of investor closing.
FilingPro's incorporation practice has filed under both Companies Act 1956 and 2013 regimes. The transition from INC-7 (under 1956 Act and early 2013 Act) to SPICe (Oct 2016) to SPICe+ (Feb 2020) has been navigated continuously — institutional familiarity with each form, each rule and each Registrar expectation.
Our incorporation team handles the entire lifecycle, from SPICe+ submission through INC-20A commencement, annual filings, MGT-14 amendments, Section 233 fast-track mergers and Section 248 strike-off and Section 252 revival applications. The same hands that incorporate the company can defend it years later.
Common Rule 38 queries — vague object clauses, stale utility bills, NOC defects, DSC-DIN PAN mismatch — are screened against our internal checklist before submission. The result is clean first-pass approval for the substantial majority of our incorporation files, sparing founders the resubmission delay.
Every Pvt Ltd Company Registration engagement delivers measurable, guaranteed outcomes — expert professionals, on time, every time.
Why this matters here — In Chromepet, the business activity radiating outward from Madras Institute of Technology and nearby commercial pockets; with quick access via Chromepet Suburban Railway and feeder routes connecting Chromepet to the rest of Chennai.
Share documents via WhatsApp to 9566-068-468. No office visit required for Chromepet clients.
Miss any of these and the next consequence kicks in automatically.
Deadlines in this neighbourhood — In Chromepet, Chromepet businesses in the it services arm find that businesses here routinely handle export-of-services GST refunds under Rule 89 and SOFTEX form reconciliation; the cluster of it services, education, engineering businesses that defines Chromepet's commercial fabric.
Deadline pressure points we see in Chromepet: On the ground in Chromepet, supporting the IT-services workforce that commutes here from OMR Velachery and Anna Nagar; for Chromepet IT-services firms managing export-LUT cycles alongside payroll and TDS.
Forms most asked about here — In Chromepet, where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds; supporting the IT-services workforce that commutes here from OMR Velachery and Anna Nagar.
Integrated incorporation form capturing capital structure, subscribers, first directors, registered office address, and triggering allotment of DIN, PAN, TAN, EPFO, ESIC, profession tax and optional GSTIN
Linked form filed along with SPICe+ Part B to obtain GSTIN (optional), mandatory EPFO and ESIC registration, profession tax registration in Maharashtra and Karnataka, and bank account opening
Self-declaration by every subscriber to the memorandum and every first director that he is not convicted of any offence in connection with promotion, formation or management of any company, and that all documents filed with the Registrar contain correct information
Prescribed format of memorandum for companies licensed under Section 8 with charitable objects; not used for ordinary private limited companies, which use the eMoA INC-33 instead
Electronic memorandum of association in Table A to E format applicable to the proposed company, signed by subscribers using DSC; this is the standard MOA for private limited incorporation
Electronic articles of association adopting Table F of Schedule I with modifications, signed by subscribers using DSC; carries entrenchment provisions where applicable
System-generated Certificate of Incorporation issued by the Registrar of Companies on approval of SPICe+ Part B, carrying the Corporate Identity Number, date of incorporation, PAN and TAN
Declaration by a director that every subscriber has paid the value of shares subscribed and that verification of registered office under Section 12(2) has been filed, supported by bank statement evidencing subscription money
Every claim on this page can be traced back to a section or rule below.
Statutory hooks that bite here — In Chromepet, Chromepet businesses in the it services arm find that businesses here routinely handle export-of-services GST refunds under Rule 89 and SOFTEX form reconciliation; where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds.
Section 7 of the Companies Act 2013 prescribes the procedure for incorporation of a company. It requires filing the memorandum and articles signed by subscribers, a declaration by an advocate or practising professional and by a subscriber that all requirements have been complied with, a declaration from each subscriber and first director in the form prescribed, address for correspondence till the registered office is established, particulars of subscribers and first directors, and proof of identity of subscribers and directors. On compliance, the Registrar issues a Certificate of Incorporation in Form INC-11 along with the Corporate Identity Number.
View sourceSection 4 governs the contents and reservation of name through the memorandum of association. Sub-section (1) lists the six mandatory clauses — name, registered office State, objects, liability, capital and subscription. Sub-section (4) read with Rule 9 of the Companies Incorporation Rules 2014 permits an applicant to reserve a name through SPICe+ Part A; an approved name remains valid for twenty days from the date of approval for a new incorporation.
View sourceSub-section (1) of Section 12 provides that a company shall, within thirty days of its incorporation and at all times thereafter, have a registered office capable of receiving and acknowledging communications. Sub-section (2) requires verification of the registered office in Form INC-22 within thirty days where the address was not included in the SPICe+ application. Failure attracts a penalty of one thousand rupees per day of default subject to a maximum of one lakh rupees on the company and every officer in default.
View sourceSection 197, applicable only to public companies, caps overall managerial remuneration payable to directors including managing director and whole-time director at eleven per cent of net profits computed under Section 198. For private limited companies, Section 197 does not apply and the remuneration is governed by the articles and Board resolutions, subject to the Section 188 related party regime where applicable. Schedule V governs payment in case of inadequate or no profits.
View sourceSub-section (3) of Section 152 provides that no person shall be appointed as a director of a company unless he has been allotted the Director Identification Number under Section 154. Sub-section (4) requires every person proposed for directorship to furnish a declaration in the form prescribed. For first directors named in the articles, DIN is now allotted through SPICe+ Part B itself, subject to a cap of three new DINs per incorporation application.
View sourceSection 5 of the Act sets out the requirements relating to articles. The articles contain the regulations for management of the company, may contain entrenchment provisions, and may adopt all or any of the regulations in Table F of Schedule I. Sub-section (6) provides that the articles must be in the respective form specified in Tables F to J of Schedule I as applicable. For a private company limited by shares, Table F is the model.
View sourceWhich of these bite hardest in Chromepet: On the ground in Chromepet, where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds; supporting the IT-services workforce that commutes here from OMR Velachery and Anna Nagar.
Chromepet (PIN 600044) falls under the Tambaram Division of the Chennai South, the jurisdiction that handles statutory matters for businesses at this PIN. Businesses registered in Chromepet share the Chennai South jurisdiction, and their statutory matters route through the same Tambaram Division each time. Records we prepare for Chromepet carry the geo-zone 600xx tag and coordinates 12.9516, 80.1462, which map each submission back to this locality. The 600xx geo-zone covering Chromepet groups several locality clusters under common administration, keeping documentation expectations predictable.
Chromepet sustains a high flow of commerce for a education it residential corridor locality, and that flow is the raw material for the Pvt Ltd files we close here. Vendors and customers tied to the Chromepet Suburban Railway network show up across the invoice trail we reconcile for Chromepet Pvt Ltd Company Registration clients. Commercial activity in Chromepet runs high, so Pvt Ltd volumes scale through peak months and we staff the Chromepet desk accordingly. The education it residential corridor mix of Chromepet shapes what lands in our workpapers — a blend of residential activity and the commercial pulse around Madras Institute of Technology.
We have closed enough Pvt Ltd Company Registration files for it services firms near Chromepet to know where the department usually probes. The it services character of Chromepet commerce influences everything from invoice formats to the supporting documents a Pvt Ltd Company Registration review needs. The business mix in Chromepet centres on it services, and that sector carries its own Pvt Ltd Company Registration quirks we plan for in advance. Mixed it services activity across Chromepet means our Pvt Ltd team keeps sector playbooks ready rather than improvising per client.
Turnaround for Chromepet Pvt Ltd Company Registration is deterministic — fixed fee, a scoped timeline, and a same-business-day acknowledgement once filed. A Chromepet client sees the same Pvt Ltd cadence each cycle: intake, reconciliation, review, filing, acknowledgement. The qualified-review step on every Chromepet Pvt Ltd file is where errors get caught before they reach the portal. Working papers for Chromepet Pvt Ltd Company Registration engagements stay archived and retrievable, which makes any later notice or query straightforward to answer.
From the same Chromepet team we also serve Tambaram and other nearby localities without re-onboarding clients. We treat Chromepet and Tambaram as one catchment for Pvt Ltd Company Registration, which keeps documentation and turnaround consistent. Serving Chromepet and Tambaram from one team keeps Pvt Ltd Company Registration turnaround identical across the cluster. Businesses straddling Chromepet and Tambaram get a single Pvt Ltd point of contact rather than two.
Patterns we track for Chromepet include education documentation gaps, timing mismatches, and the questions the Tambaram Division tends to raise. Over several cycles in Chromepet, the recurring Pvt Ltd Company Registration issues cluster around a predictable short list we screen for early. The Pvt Ltd Company Registration mistakes we see most in Chromepet are avoidable with disciplined intake, which our checklist enforces. Sector signals in Chromepet — seasonal education swings and peak-period volumes — shape how we schedule Pvt Ltd work.
For a new business incorporating in Chromepet or shifting its principal place of business here, Pvt Ltd Company Registration setup is one of the first things to get right. New residential ventures in Chromepet lean on us to stand up Pvt Ltd Company Registration correctly before the first deadline rather than after a notice. A startup setting up near Chromepet Railway Station in Chromepet gets a Pvt Ltd foundation built for the Tambaram Division from day one. When a Hasthinapuram business expands into Chromepet, we extend its Pvt Ltd setup to PIN 600044 without disruption.
SPICe+ Part A and Part B incorporation under Section 7 of the Companies Act 2013 for Chromepet promoters, with DIN, PAN, TAN, EPFO, ESIC and bank account in one integrated window.
A practising professional in Chromepet certifies SPICe+, drafts e-MOA and e-AOA in INC-33 and INC-34, and ensures Section 12 registered office verification and Section 10A INC-20A commencement filing within statutory windows.
Object clauses in the MOA are framed against Section 4(1)(c) without overlap into Section 8 charitable activities or regulated sectors needing sectoral NOC. DIN allotment under Section 153 is processed concurrently through SPICe+ for Chromepet first directors.
Section 10A read with Rule 23A requires INC-20A to be filed within 180 days of incorporation declaring receipt of subscription money and registered office verification. Default attracts ₹50,000 company penalty and Section 248(1)(d) strike-off risk.
Private limited is taxed at 22 per cent under Section 115BAA or 15 per cent under Section 115BAB for new manufacturers; MAT under Section 115JB applies. Proprietorship is taxed at individual slab rates without separate corporate-distribution layer.
Yes, a private limited can be incorporated with foreign subscribers subject to FEMA NDI Rules 2019 sectoral cap and route. Foreign-subscriber documents must be apostilled or consularised depending on Hague Convention status; FC-GPR is filed within 30 days of allotment.
e-MoA in Form INC-33 and e-AoA in Form INC-34 are electronic versions of the Memorandum and Articles of Association filed integrally with SPICe+ Part B. They follow Table A to F of Schedule I to the Companies Act 2013.
GST registration is required if aggregate turnover exceeds ₹40 lakh (goods) or ₹20 lakh (services) under Section 22, or compulsorily under Section 24 for inter-State suppliers, e-commerce sellers and reverse-charge liable persons regardless of turnover.
Mandatory annual filings include AOC-4 within thirty days of AGM, MGT-7 within sixty days of AGM, DPT-3 by 30 June, MSME-1 half-yearly, DIR-3 KYC by 30 September, and income-tax return ITR-6 by the Section 139 due date.
Voluntary strike-off under Section 248(2) is initiated by filing STK-2 with the Registrar after clearing pending compliances and dues; STK-3 director affidavit, STK-4 indemnity bond and STK-8 audited financials up to thirty days before STK-2 are annexed.
What Chromepet clients want to know before signing: On the ground in Chromepet, on the Tambaram-Pallavaram corridor that passes through Chromepet; where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds.
Localised for Chromepet, Chennai — where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds.
Reading this guide locally — In Chromepet, around the Madras Institute of Technology catchment of Chromepet; Chromepet businesses in the it services arm find that businesses here routinely handle export-of-services GST refunds under Rule 89 and SOFTEX form reconciliation.
The foundational doctrine of Private Limited incorporation is separate legal personality, articulated by the House of Lords in Salomon v A Salomon and Co Ltd [1897] and adopted by Indian jurisprudence in Tata Engineering and Locomotive Co Ltd v State of Bihar [1965 SCR 391]. The company is a distinct legal person from its members and directors, capable of holding property, suing and being sued in its own name. Liability of members under Section 2(22) is limited to the amount unpaid on the shares held. The corporate veil can be lifted only in narrow circumstances — fraud, sham, evasion of statutory obligation — as elaborated in Vodafone International Holdings BV v Union of India [2012 6 SCC 613]. The limited-liability shield is the principal commercial advantage of Private Limited over proprietorship and partnership, and is the reason promoters of consequence almost invariably elect the Private Limited form for ventures with external counterparties.
The Memorandum of Association under Section 4 is the foundational charter that defines the company's name, registered office State, objects, liability and capital. The MOA must be in one of the Tables A to E of Schedule I, depending on whether the company is limited by shares, limited by guarantee or unlimited. The Articles of Association under Section 5 contain the regulations for management of the company, covering board composition, meetings, share transfer, dividend declaration, and members' rights. Section 6 establishes the supremacy of the Act over any conflicting MOA / AOA provision. Section 13 governs alteration of MOA (special resolution plus Central Government approval for object-clause changes affecting registered office State), Section 14 governs alteration of AOA (special resolution plus filing of MGT-14 within thirty days). The MOA and AOA filed with SPICe+ Part B become the binding constitutional documents on incorporation.
Private Limited incorporation in India is governed by Section 7 of the Companies Act 2013 read with the Companies (Incorporation) Rules 2014. Section 7(1) requires the subscribers to the memorandum to file an application with the Registrar within whose jurisdiction the registered office of the company is to be situated, accompanied by the MOA and AOA duly signed by the subscribers, a declaration by a professional that the requirements of the Act and Rules have been complied with, a declaration from each subscriber and first director in Form INC-9, the address for correspondence till the registered office is established, the particulars of subscribers and first directors with proof of identity, and the particulars of first directors with their DIN and consent in Form DIR-2. Section 7(2) provides that the Registrar shall on the basis of the documents filed register the memorandum and articles and issue a Certificate of Incorporation in Form INC-11 with a Corporate Identity Number. The CIN under Section 7(3) is the company's unique identifier for all subsequent statutory filings.
Section 7(1) prescribes the documents that must accompany the incorporation application — the MOA and AOA duly signed, a declaration by an advocate, CA, CS or CMA in practice in Form INC-8 that all requirements of the Act and Rules have been complied with, an affidavit from each subscriber and first director in Form INC-9 (now an integrated declaration within SPICe+) that they are not convicted of any offence in connection with promotion / formation / management of any company and have not been guilty of any fraud or misfeasance, the address for correspondence till the registered office is established, the particulars of each subscriber with proof of identity (PAN, Aadhaar, passport / driving licence / voter ID) and proof of residence, the particulars of first directors with DIN where allotted, and consent of first directors in Form DIR-2.
The Central Registration Centre established under Section 396 read with the Companies (Registration Offices and Fees) Rules 2014 processes all incorporation applications filed through SPICe+. The CRC, located in Manesar Haryana, replaces the State-level ROC for the incorporation stage — once the Certificate of Incorporation is issued, jurisdiction transfers to the State ROC where the registered office is situated. The CRC processes SPICe+ applications on a first-in-first-out basis with a service-level commitment of one working day for clean applications. Deficiencies are communicated through resubmission requests, with the applicant given fifteen days to cure each. Three resubmission rounds are permitted under Rule 38(4) before the application is rejected, requiring fresh filing with renewed fees.
Section 7(2) provides that on registration of the memorandum and articles, the Registrar shall issue a Certificate of Incorporation. Section 9 states that from the date of incorporation mentioned in the certificate, the subscribers to the memorandum and all other members of the company shall be a body corporate by the name contained in the memorandum, capable of exercising all the functions of an incorporated company. The Certificate of Incorporation under Section 7(3) is conclusive evidence of the fact that the company has been duly registered under the Act. The Supreme Court in Hari Khemu Gawali v Deputy Commissioner of Police [AIR 1956 SC 559] and subsequent cases has confirmed that the certificate cannot be questioned in collateral proceedings — challenges must be through striking-off proceedings under Section 248 or scheme proceedings.
Section 4(2) requires that the name stated in the memorandum shall not be identical with or resemble too nearly the name of an existing company registered under the Act or any previous company law. Rule 8 of the Companies (Incorporation) Rules 2014 elaborates the resemblance test — phonetic similarity, plural / singular variants, transposition of words, and minor spelling changes are all caught. The name must also not be undesirable in the opinion of the Central Government — Rule 8A enumerates undesirable categories including names suggesting government patronage, names of national heroes, words like 'Bank', 'Insurance', 'Stock Exchange' without sectoral regulator NOC, and names that violate the Emblems and Names (Prevention of Improper Use) Act 1950. Names containing 'India', 'National', 'Federal' or 'Republic' require an authorised-capital threshold under Rule 8(2)(b).
SPICe+ Part A, introduced in February 2020, integrates name-reservation with incorporation in a single web-form workflow on the MCA-21 portal. The applicant can apply Part A standalone (to reserve a name without immediately incorporating) or in continuation with Part B (to reserve and incorporate together). The earlier RUN service (Reserve Unique Name) continues for change-of-name applications but is no longer used for fresh incorporation. Two name proposals can be submitted ranked by preference, with a description of the proposed business activity and NIC-2008 codes. The CRC examines under Section 4(2) and Rule 8 and approves, rejects, or marks for resubmission within two working days. Approved names are reserved for twenty days from approval under Section 4(5), within which Part B must be filed.
Even if a proposed name clears the MCA-21 Section 4(2) test, the applicant must independently search the Trade Marks Registry (ipindia.gov.in) for prior trade mark filings in relevant classes. Rule 8B specifically prohibits names that infringe a registered trade mark or pending application — the CRC will reject on this ground if the Trade Marks Registry data is brought to its attention. The Bombay High Court in Bloomberg Finance LP v Prafull Saklecha [2014 (57) PTC 25 (Bom)] confirmed that a registered trade mark holder can compel a corporate-name change even after MCA registration. Prudent practice is to undertake a Trade Marks public-search and, where the proposed name is to become the brand, file a trade-mark application in parallel with SPICe+ Part A.
SPICe+ Part B must be digitally signed by all subscribers and first directors using their respective Class 2 / Class 3 DSC. The form must additionally be certified by a practising professional — an advocate, CA, CS or CMA — in Form INC-8 that they have personally examined the documents and verified the facts, and that the requirements of the Companies Act 2013 and Rules have been complied with. The professional's DSC is also affixed to the form along with their membership number. The completed SPICe+ Part B with attached e-MOA, e-AOA and AGILE-PRO-S is filed on MCA-21 with the prescribed government fee and stamp duty (State-specific, paid through the integrated stamp-duty module). On successful filing, the CRC processes the application and issues the Certificate of Incorporation INC-11.
SPICe+ Part B (INC-32) is the integrated incorporation form launched in February 2020 that consolidates incorporation, DIN allotment for first-time directors, PAN, TAN, EPFO, ESIC, Profession Tax (in select States), Bank Account opening (in collaboration with partner banks), and GSTIN (through linked AGILE-PRO-S). The form captures the company name (carried forward from Part A or freshly entered), registered office details, share capital structure, subscribers, directors, NIC codes, and related declarations. The accompanying webform AGILE-PRO-S (INC-35) captures the GSTIN, EPFO, ESIC and Profession Tax applications. INC-9 (now integrated within SPICe+) captures the subscriber and first-director affidavit. The MOA and AOA are attached as e-MOA (INC-33) and e-AOA (INC-34) respectively.
Part B captures the authorised share capital, the subscribed share capital, and the paid-up share capital. The authorised capital is the ceiling up to which the company can issue shares without amending the MOA under Section 13 and 61; the subscribed capital is the portion of authorised capital that the subscribers have committed to take; the paid-up capital is the portion of subscribed capital actually paid in. There is no minimum paid-up capital requirement after the Companies (Amendment) Act 2015 deletion of the proviso to Section 2(68) — companies can incorporate with paid-up capital of ₹1 lakh, ₹10,000 or any nominal figure. The face value per share is typically ₹10 though ₹1 and ₹100 are also common. Each subscriber's allocation is captured against name, address, PAN, occupation, and number of shares subscribed.
What Chromepet clients usually ask next: On the ground in Chromepet, supporting the IT-services workforce that commutes here from OMR Velachery and Anna Nagar; where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds; for Chromepet IT-services firms managing export-LUT cycles alongside payroll and TDS.
Terms you will hear in this area — In Chromepet, where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds.
AGILE-PRO-S is the linked e-form filed along with SPICe+ Part B for registration with Goods and Services Tax (optional), Employees Provident Fund Organisation, Employees State Insurance Corporation, profession tax (in Maharashtra and Karnataka), Shops and Establishment, and for opening a bank account with the company's banker.
Corporate Identity Number, abbreviated as CIN, is the twenty-one-character alphanumeric identifier allotted by the Registrar of Companies on incorporation. It encodes the listing status, industry code, State, year of incorporation, ownership type and the sequential Registrar number, and is reproduced on the Certificate of Incorporation in Form INC-11.
Director Identification Number, abbreviated as DIN, is the unique eight-digit identifier allotted to an individual for being or proposing to be a director under Section 154. For first directors of a new company, DIN is allotted through SPICe+ Part B; for others, Form DIR-3 is used. A single individual cannot hold more than one DIN.
Digital Signature Certificate, abbreviated as DSC, is the cryptographic identity of an individual issued by a Certifying Authority licensed under the Information Technology Act 2000. A Class 3 DSC of every subscriber and first director is required to sign SPICe+, INC-33, INC-34 and INC-9 forms electronically.
Memorandum of Association is the charter document of a company under Section 4 that sets out its name, registered office State, objects, liability, authorised capital and subscriber details. For a private limited company incorporated through SPICe+, the eMoA is filed in Form INC-33 in the format prescribed by Table A to E of Schedule I.
Articles of Association is the document containing the regulations for management of a company under Section 5. For a private limited company incorporated through SPICe+, the eAOA is filed in Form INC-34 adopting Table F of Schedule I with modifications. The articles may contain entrenchment provisions making certain provisions more difficult to alter.
A subscriber to the memorandum is a person who signs the memorandum of association at the time of incorporation, undertaking to take at least one share. The names and signatures of subscribers form the constitutive document of the company. Subscribers are deemed allottees on the date of incorporation and PAS-3 is filed accordingly within thirty days.
A first director is a person named as a director in the articles of association of a company at the time of incorporation under Section 152(2). First directors hold office until directors are duly appointed at the first annual general meeting. Consent of every first director in Form DIR-2 must be attached to SPICe+ Part B.
Authorised capital, also called nominal capital, is the maximum amount of share capital that a company is authorised by its memorandum to issue, as fixed by the capital clause under Section 4(1)(e). Stamp duty on incorporation is computed on the authorised capital in accordance with the Stamp Act of the State of registered office.
Paid-up capital is the portion of the subscribed capital that has actually been received by the company from its shareholders against shares issued. For a private limited company incorporated under the Companies Act 2013, there is no minimum paid-up capital requirement since the 2015 amendment removed the earlier one lakh rupees floor.
Stamp duty on incorporation is the State-level levy on the memorandum and articles of a new company, charged on the authorised capital. For a company registered in Tamil Nadu the duty includes a flat amount on the MOA plus a slab on AOA based on authorised capital, payable through MCA's integrated stamp duty module within SPICe+.
A private limited company is a company defined under Section 2(68) which by its articles restricts the right to transfer its shares, limits the number of members to two hundred, and prohibits any invitation to the public to subscribe for any securities. It enjoys reduced compliance compared to public companies under Sections 173, 197 and others.
Numerical examples showing tax + interest + penalty across common default scenarios.
Penalty exposure typical of this micro-market — In Chromepet, Chromepet businesses in the it services arm find that businesses here routinely handle export-of-services GST refunds under Rule 89 and SOFTEX form reconciliation; supporting the IT-services workforce that commutes here from OMR Velachery and Anna Nagar.
How Chromepet businesses typically avoid these: On the ground in Chromepet, the business activity radiating outward from Madras Institute of Technology and nearby commercial pockets; for Chromepet IT-services firms managing export-LUT cycles alongside payroll and TDS.
How the local trade mix shapes this — In Chromepet, where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds; the business activity radiating outward from Madras Institute of Technology and nearby commercial pockets.
Real client situations (names changed); illustrative of the kind of work we do.
A flavour of cases we handle nearby — In Chromepet, where IT consultancies and software-services arms file GST predominantly under SAC 9983 and claim export-of-services LUT refunds; Chromepet businesses in the it services arm find that businesses here routinely handle export-of-services GST refunds under Rule 89 and SOFTEX form reconciliation.
Why these Chromepet engagements look the way they do: On the ground in Chromepet, the cluster of it services, education, engineering businesses that defines Chromepet's commercial fabric; for Chromepet IT-services firms managing export-LUT cycles alongside payroll and TDS.
“Incorporated my SaaS company through FilingPro in Chromepet. Name reservation came through in two days, Part B with DIN, PAN and TAN was approved on day 8. The professional drafted the AOA with proper entrenchment for our investor round. Clean filing, no resubmission.”
“We had two foreign directors based in Singapore. The apostille coordination, DIN application and Section 149(3) resident director planning was handled methodically. INC-9 and Aadhaar e-KYC for the Indian co-founder went through without a single rejection. Highly professional.”
“Our family business required entrenched MOA and AOA to protect the existing partners' rights post-incorporation. FilingPro drafted the AOA under Section 5(3) with specific entrenchment clauses covering share transfer and director appointment. Other consultants we spoke to didn't even know what entrenchment meant.”
“The first board meeting minutes, Section 139(6) auditor appointment, share certificates and statutory registers were all delivered within 30 days of incorporation. INC-20A was filed on day 90 well within the 180-day window. We didn't have to chase anything.”
“Our previous CA missed the Section 10A INC-20A filing for an earlier company and we faced a ₹50,000 penalty plus daily officer penalty. FilingPro tracks every post-incorporation compliance window in a written calendar. That kind of discipline is rare.”
“The custom MOA object clause specifically excluded NBFC and Nidhi activities and stayed within Section 4(1)(c) — important since our business touches lending-adjacent fintech. The certifying professional's review caught one ambiguous sub-clause that could have triggered RBI sectoral NOC. Saved us months of rework.”
Common questions from Chromepet clients. Call 9566-068-468 for specific queries.
Across Chromepet we look after firms on Nehru street, PTC Workshop Street, Periyar Street, Grand Southern Trunk Road and Pallavaram - Thoraipakkam Road as well as the Tiruneermalai Main Road, CLC Works Road, Dr.Rajendra Prasath Road and Hanumar Koil Street corridors — local Pvt Ltd without the cross-city travel.
Professional Pvt Ltd Company Registration in Chromepet, Chennai. Call @ 9566-068-468. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming). 15+ years experience, 4.9★ rated.
FilingPro Chennai — 15+ Years of Expert Tax & Business Consulting. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming), Chennai. Call @ 9566-068-468. Disclaimer: Information on this page is for general guidance only and does not constitute legal, financial or tax advice. Consult a qualified professional for specific advice.