In India, a private limited corporation is administered by the Ministry of Corporate Affairs (MCA). It is simple to register a business with IndiaFilings since everything is done online. To create a private limited company in India, the Director’s PAN card, address proof, and bank statement, as well as the registered office address evidence, are necessary.

Understanding the Goods and Services Tax (GST) registration requirements is critical to understanding the tax itself.

  • Inhibits its shareholders’ ability to transfer their holdings
  • Except in the case of a One Person Company, which has a maximum of 200 members
  • Bans any encouragement to the public to subscribe to any of the company’s securities.

It is highly advised that you form a private limited company since this kind of business offers stockholders limited liability while imposing some ownership restrictions.

The private limited company is the most popular kind of commercial entity in India. Over 20 lakh enterprises have been registered in India as of October 2020, with 12 lakh of them active. The MCA controls all businesses incorporated in India under the Companies Act, 2013. (Ministry of Corporate Affairs).

Documents Required For GST Registration For Company

Here are the  Documents Required For GST Registration For Company

  • PAN card of company and directors;
  • Copy of registration certificate of the company;
  • Photograph of all the directors;
  • Copy of identity proof of the directors;
  • Copy of address proof of registered office;
    • Electricity bill, water bill, landline bill etc.;
    • Copy of legal ownership document or municipal khata copy (in case of owned premises)
    • Rent agreement and No Objection Certificate (NOC) from the owner of the premises (in case of rented premises).
  • Copy of Memorandum of Association (MOA) and Articles of Association (AOA);
  • Copy of bank statement or crossed cheque or first page of pass book;
  • Copy of Board’s Resolution.

The documents required vary depending on the type of business or GST registration process. A sole proprietor/individual, a partnership firm, and a company, for example, must obtain different types of documents for registration.

Common Documents

Regardless of the nature of your business or the type of GST registration, you will need the following documents to complete the GST registration form

PAN Card 

The PAN (Permanent Account Number) of the authorized signatories/applicant will be required for any form of GST registration (Directors, Partners, Proprietors, etc.) In addition to the owner’s PAN card, an Aadhar card is required for GST registration of individuals or sole proprietors. A special PAN card of the Company or the HUF must be provided instead for companies (private and public) or Hindu Undivided Families (HUF).

Photograph of Owner/Authorized Signatories

GST registration requires passport-sized photos of all owners, partners, and authorized signatories. These photos should be uploaded in JPEG format, with a maximum size of 100KB, for online applications.

Phone Number & Email ID

During the GST registration process, the Primary Authorized Signatory must provide a valid contact number as well as an email address. This information is an essential part of any GST registration checklist because it serves as a point of contact and provides updates on the status of your registration.

Proof of Place of Business

A Principal Place of Business is the central location from which a taxpayer’s business is conducted and records and accounts are kept. Any of the following documents can be used to establish address proof for GST registration:

  • Any document proving ownership of the property, such as a recent property tax receipt, a copy of the municipal document, or a copy of an electricity bill.
  • The ownership deed/document in the case of owned property.
  • A copy of a current rent or lease agreement (as required).
  • For additional places of business, the required proof for each location in the state must also be provided.

Bank Account Details

Bank account information is not required when applying for GST registration. It can be added later by submitting an amendment application at the time of the first login.