Introduction
Company registration in Patna is an excellent choice for entrepreneurs aiming to establish a business in Bihar’s capital, a growing commercial hub with access to markets and government incentives. Governed by the Companies Act, 2013, the process enables setting up private limited, Section 8, or Nidhi companies with a registered office in Patna. This blog provides a comprehensive guide on company registration in Patna, detailing steps, requirements, and post-registration compliances, and explains how TaxQue streamlines the process, including for businesses with corporate offices elsewhere, such as Kolkata.
What Is Company Registration in Patna?
Company registration in Patna involves incorporating a company with the Ministry of Corporate Affairs (MCA) to obtain a Certificate of Incorporation and Corporate Identification Number (CIN), with the registered office in Patna, Bihar. The process is conducted online via the SPICe+ portal, overseen by the Registrar of Companies (ROC) Patna. Patna’s strategic location and economic growth make it ideal for private limited, Section 8 (non-profit), or Nidhi companies, with the option to operate corporate offices in other cities like Kolkata while maintaining Bihar’s ROC jurisdiction.
Requirements for Company Registration in Patna
Before initiating company registration in Patna, ensure:
- Directors: Minimum 2 for private limited/Section 8, 3 for Nidhi (at least one Indian resident).
- Shareholders: Minimum 2 for private limited/Section 8, 7 for Nidhi; directors can be shareholders.
- Registered Office: Proof of address in Patna, Bihar (rent agreement, utility bill, NOC from owner).
- Capital: No minimum for private limited/Section 8; ₹10 lakh paid-up for Nidhi.
- Documents: PAN, Aadhaar, address proof (e.g., passport, utility bill) for directors/shareholders; MoA/AoA draft.
- Section 8/Nidhi Specifics: License for Section 8 (Form INC-12); Nidhi status declaration (NDH-4).
- Corporate Office: A corporate office in Kolkata can handle operations, but ROC filings must align with Bihar’s jurisdiction.
Steps for Company Registration in Patna
Here’s a detailed checklist for the company registration in Patna process:
| Step | Task | Timeline |
|---|---|---|
| Obtain DSC | Secure Digital Signature Certificate | 1–2 days |
| Apply for DIN | Obtain Director Identification Number | 1–2 days |
| Reserve Name (RUN) | Reserve unique company name via SPICe+ | 2–3 days |
| File SPICe+ (Part A & B) | Submit incorporation forms, MoA, AoA | 5–7 days |
| Receive CIN, PAN, TAN | Obtain Certificate of Incorporation | Post-approval |
| Open Bank Account | Open current account with incorporation docs | 1–2 days |
Step 1: Obtain Digital Signature Certificate (DSC)
- Directors need Class 3 DSC for e-signing forms.
- Apply through certifying authorities listed on the MCA portal with PAN, Aadhaar, and photo; issued in 1–2 days.
Step 2: Apply for Director Identification Number (DIN)
- Apply for DIN for directors (2 for private limited/Section 8, 3 for Nidhi) via SPICe+ (Form INC-32).
- Submit identity proof (Aadhaar, passport) and address proof (utility bill); DIN is issued in 1–2 days.
Step 3: Reserve Company Name
- Use SPICe+ Part A (RUN service) on the MCA portal to reserve a unique name (e.g., “Patna Enterprises Private Limited”).
- For Section 8, avoid “Private Limited”; for Nidhi, include “Nidhi Limited.”
- Approval takes 2–3 days; ensure no trademark conflicts.
Step 4: File Incorporation Forms (SPICe+ Part B)
- Submit SPICe+ Part B with:
- Memorandum of Association (MoA) and Articles of Association (AoA).
- Patna registered office details (rent agreement, utility bill, NOC).
- PAN, Aadhaar, address proofs for directors/shareholders.
- Declaration of compliance (Form INC-9).
- For Section 8, include Form INC-12 approval (license). For Nidhi, file NDH-4 within 120 days post-incorporation.
- Approval (5–7 days) yields the Certificate of Incorporation, CIN, PAN, and TAN.
Step 5: Open Bank Account and Complete Setup
- Open a current account in Patna or Kolkata using the Certificate of Incorporation, CIN, and MoA.
- Apply for GST registration on the GST portal if turnover exceeds ₹20 lakh (services) or ₹40 lakh (goods).
- For Section 8, apply for 12A/80G exemptions on the Income Tax portal.
Post-Registration Compliances in Patna
After completing company registration in Patna, ensure:
- ROC Filings: File Form AOC-4 (financials) by October 30 and MGT-7 (annual return) by November 29 post-AGM via the MCA portal.
- Tax Filings: Submit ITR-6 (private/Nidhi) or ITR-7 (Section 8) by October 31; GSTR-9 by December 31 (if GST-registered).
- Nidhi-Specific: File NDH-1 by June 29 and NDH-3 half-yearly.
- Section 8-Specific: Maintain 12A/80G compliance; file FCRA returns if receiving foreign funds.
- Audits: Conduct mandatory statutory audits annually (exempt for small private companies with turnover <₹40 lakh and capital <₹50 lakh).
- Bihar-Specific: Comply with Bihar Shops and Establishments Act for labour laws.
- Use TaxQue for compliance management.
Penalties for Non-Compliance
Failing to meet post-registration compliances can lead to:
- Fines: ₹100/day for late ROC filings; ₹5,000 for late ITR; ₹200/day for GST returns.
- Director Disqualification: Barred for 3 years under Section 164.
- Company Dissolution: Struck off by ROC Patna under Section 248.
TaxQue simplifies company registration in Patna and post-registration compliances with expert support for DSC, DIN, ROC, and tax filings. Visit TaxQue’s company registration guide or compliance services for tailored solutions.
FAQs
1. What is the first step for company registration in Patna?
Obtain a Digital Signature Certificate (DSC) for directors to e-sign incorporation forms.
2. How long does company registration in Patna take?
The process, from DSC to Certificate of Incorporation, takes 10–15 days with correct documents.
3. Can I register a company in Patna with a corporate office in Kolkata?
Yes, the registered office must be in Patna for ROC Bihar jurisdiction, but operations can be managed from Kolkata.
4. Is GST registration mandatory after company registration in Patna?
GST is required if turnover exceeds ₹20 lakh (services) or ₹40 lakh (goods).
5. How does TaxQue assist with company registration in Patna?
TaxQue provides end-to-end support for DSC, DIN, name approval, and post-registration compliances. Explore TaxQue’s business compliance guide.
Conclusion
Company registration in Patna opens doors to Bihar’s growing business landscape. From securing DSC and DIN to filing SPICe+ and ensuring post-registration compliances, each step builds a legally sound entity. Platforms like TaxQue streamline company registration in Patna and ongoing obligations with expert tools and support. Start your business in Patna today, stay compliant, and leverage its economic potential.
