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Company Registration at Chennai – Easy and Cost Effective Procedure

If you want to establish a non-public limited company in Chennai then you should do so under the following conditions. Firstly, you should be resident in Chennai and not from any other part of the country. Second, the purpose for which you want to establish the company cannot be to carry on any business for a profit or to avail any benefits from any Government contract. Thirdly, it is important that you should have a power of attorney to control the affairs of the company. Fourthly, you should provide genuine information to the Companies Commission at Chennai so that it can make its decisions accordingly. And last but not the least; you should have your business agent in Chennai as well as at the office of the one person company registration in chennai.

One thing is quite clear from the above. If you want to start a non-public limited company in Chennai then you should have as a prerequisite, all the above conditions fulfilled. Otherwise, you will not be able to make plans like buying shares or the stock holding of the company. The power of attorney cannot be assumed by anyone else apart from the shareholder. So, before proceeding further about making plans for the establishment of a personal limited company in Chennai, you should have all these conditions satisfied.
The second procedure for the setting up of a personal limited company in Chennai is to fill in an application form for setting up a Private Limited Company with the Companies Commission at Chennai. You have to mention the name of the director of the company and also the name of the owner of the company. Next, the Company Registration Officer will conduct a search of the registered offices of the Company in Chennai. He will get back to you with the result that the company’s registered office is neither in Chennai nor in any other city. So, if you want to establish a private limited company in Chennai, you should not leave the name of the director to the middleman.
Then, the next procedure that you should follow is to mention the name of the director of the company and also the name of the principal and the address of the principal’s office. It is always better to mention the principal’s office in Chennai as the location may influence the authorities in any case. The last two procedures are the easiest and also the simplest making plans for the establishment of a personal non-public company in Chennai.
You need not to appoint a corporate secretary for managing the details of the private limited company. Instead, you can appoint any person of your choice as the corporate secretary. In other words, if you have a one-person company that you wish to make a public company, then you should not appoint a corporate secretary for the same. This is because the company secretary plays an instrumental role in managing the different official documents of the company. So, if you want to make a personal non-public company, then you need not appoint a corporate secretary for the same.
You can get all the formalities done at the Commercial Investment Promotion Board (CIPB) office at Chennai. This is one of the easiest places in the city where you can perform company registration with ease. The entire procedure of making a one-person company at Chennai is comparatively very less expensive and also risk free. You can make all these arrangements at the Commercial Investment Promotion Board office at the earliest possible date.