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Increase Authorized Capital

All about Increased Authorized Capital

Authorized Capital is the maximum amount of capital for which shares can be issued by a company to its shareholders. It is defined under section 2(8) of the companies act. The Authorized capital is mentioned in the Memorandum of Association of the Company under the heading of “Capital Clause”.

But as when business grows there can be need to increase Authorized capital of the company. Company can increase its Authorized Share Capital, only if it is authorized by its Articles of Association and after obtaining approval of members by ordinary resolution.

So, we are here for you to help to fulfill this process.

      Increasing Authorised Capital Form

      Application for Increasing Authorised Capital







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      Corporate Genie has a team of registration experts who can provide complete guidance to register your increased authorized capital form!

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        Corporate Genie Plans

        Basic

        Rs. 5499
        • Upto 10 Lakhs Increase in Capital
        • (Excluding Government Fees)

        Standard

        Rs. 7499
        • Upto 25 Lakhs increase in Capital
        • (Excluding Government Fees)

        Premium

        Rs. 9499
        • More Than 50 Lakhs Increase in Capital
        • (Excluding Government Fees)

        Documents Required

        A certified true copy of the resolution for the alteration of capital.
        Copy of the new MOA (change made in the Capital Clause).
        Copy of the new AOA (in case of alteration to include provision for the increase in authorised share capital).
        Board Meeting
        Shareholders’ Approval

        Some of the reasons for increase in authorized capital

        Business expansion
        Investors increasing.
        For new resources.
        For new ventures.

        Understanding Income Tax Returns in India

        The two ways in which income tax is bifurcated are:

        Direct Tax – Direct tax means the amount of money you need to give back to the government from your direct income, which is generally progressive. This kind of tax is directly paid to the government; some examples are wealth tax, corporate tax, income tax, and so on.

        Indirect Tax: The word indirect tax denotes that this kind of tax is not directly paid to the government. Indirect Tax is levied on goods and services that are being availed or purchased by any person. These are generally paid by end consumers and transferable in nature. If we talk about its nature, we will find that these are regressive and not directly increased when an individual’s income increases. Examples are GST, Service tax, and so on.

        Save Time and Hassle. Apply For Increased Authorized Capital Form!

          Process to Reach Us

          Fill the details in the form provided on our website.

          Make the required payment.

          Our expect Team for will call you and ask for all the Necessary Information and Documents.

          The Expert will Prepare and ask for Increase in Authorized Capital process.

          Finally, filing and processing of Increase in Authorized Capital, so the process is completed.

          FAQ

          Authorized Capital is the maximum amount of capital for which shares can be issued by a company to its shareholders. It is defined under section 2(8) of the companies act.
          A company can increase its Authorized Capital by initiating an amendment in its AOA (if needed) and for the same board meeting is been required-
          Form MGT-14 and SH-7 are required to be filed with ROC within 30 days from the date of date of passing of Resolution.

          How Corporate Genie Works For You

          We understand the process is complex and confusing. So we put in extra efforts to stay with you every step of the way – preparation, scrutiny, assessment, filing, liaison, rectification, or refund.
          ITR-1, ITR-2, ITR-2A, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7, we file all. And that’s not all. Our CAs are experts in the reconciliation of ITR data with 26AS. We assist in TDS & GST compliance.
          When it is about uploading sensitive information on the World Wide Web, the speed of the website matters. And matters BIG. Our site gives you an interruption-free experience.
          Store all the tax documents in one place and retrieve it as per requirement. So you don’t have to maintain a separate tax file. And your desk is always organized.
          To maintain our spot under the government and preserve our position as the largest E-Filing Intermediary of the Income Tax department, we strictly adhere to the legal guidelines of data privacy.

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