Entrepreneurs with Visionary Ideas: Why You Should Incorporate a Company Under the Companies Act, 2013
Entrepreneurs with visionary ideas and scalable business models should consider incorporating a company under the Companies Act, 2013 to unlock growth, attract investors, and build long-term business credibility.
Types of Companies
1. Public Limited Company
a. Listed
Entrepreneurs may strategically opt for listing their company on the stock exchange after achieving initial business success. Listing allows the company to raise capital from the public and gain increased market credibility.
b. Unlisted
Entrepreneurs who prefer maintaining control, minimizing compliance obligations, and focusing on core business operations can choose to remain unlisted. An unlisted Public Limited Company benefits from the structure of a public company without the additional burden of stock exchange regulations.
2. Private Limited Company
Incorporating a Private Limited Company is often the best choice for startups and entrepreneurs with scalable business models. It offers:
Limited liability
Investor confidence
A structured corporate framework
Greater flexibility for growth
Benefits of Incorporating a Private Limited Company
Easy Incorporation at a limited cost under the Government’s Ease of Doing Business initiative
Reduced Compliance Burden compared to public companies
Ideal for Small-Scale Businesses planning to raise external funds for expansion
Eligible for Government Schemes exclusive to Private Limited Companies
Why Choose CA Bulalo Team?
✔️ Experienced Professionals with a client-centric approach
✔️ Deep domain knowledge across industries
✔️ One-stop solution for all professional services – allowing clients to focus on their business growth
✔️ High-quality services at competitive and reasonable pricing
✔️ Long-term partnership – We grow as you grow
✔️ Commitment to help businesses achieve their financial goals and objectives
Steps to Incorporate a Private Limited Company
Apply for Name Reservation using the RUN form on the MCA Portal
Draft the Memorandum of Association (MOA) and define the company’s objectives
Gather Documents and apply for incorporation using SPICe+ and AGILE forms
Obtain Digital Signatures for the first subscribers
Apply for Director Identification Number (DIN) for proposed directors
Submit KYC documents of all first subscribers/directors
Provide Utility Bill (electricity, water, or mobile) for the registered office address
Submit Rent Agreement (if office is rented) or property tax documents (if owned)
Open a Bank Account and deposit the application money from subscribers
Conduct the First Board Meeting, appoint the first auditor, and file relevant forms with the ROC
File INC-20A for the Commencement of Business on the MCA Portal
Role of CA Bulalo Team After Incorporation
📘 Experienced professionals manage accounting and tax compliances so business owners can stay focused on their core operations
📉 Manage tax planning and reduce compliance burden for newly incorporated entities
📊 Regular monitoring of key performance indicators, revenue trends, and margin improvement areas with MIS reporting
📈 Recommendations on strategic financial planning, cost optimization, and enhancing operational efficiency
Start your business legally with quick registration of Pvt Ltd, LLP, OPC, or partnership firms.
