Stamp Duty on Certificates

Get Online Process with Full Support

Legal Time

Stamp Duty on Certificates

What is Stamp Duty on Certificates ?

Under the Companies Act, 2013, a company must allot equity shares to subscribers within 60 days of receipt of Share Application Money.

Following that, the Company will issue share certificates to the allottees above within two months of the allotment date.

-Under the Indian Stamp Act, companies must pay stamp duty on share certificates they issue within 30 days of issuance.

How to pay Stamp Duty in Haryana:

1. Documentation of pertinent information:

The Company should prepare the following documents for submission to the authority as a first step:

  • Application with INR 10 Court Fee Stamp;
  • Copies of Share Certificates;
  • Certified Copies of Board Resolutions;
  • Certified Copies of the Company's PAN Card;
  • Copies of the Company's Memorandum and Articles of Association;
  • Copies of Form PAS-3, as filed with the Registrar of Companies;

  • Additionally, each page of the preceding documents should be signed by a Director of the Company and stamped with the Company Stamp.

    2. Submission of documents to Haryana's "Revenue Department":

    Following that, all of the following documents must be given to the Revenue Department, located on the 12th floor of the "Mini Secretariat" in Rajeev Chowk, Gurgaon.

    3. Receipt of Department Order:

    Upon receipt of documents, the department shall inspect them, determine the duty amount due, and issue an order for payment.
    The order will be delivered within 10 to 15 days.

    4. Payment of Stamp Duty:

    The Finance Department of the Government of Haryana's website "https://egrashry.nic.in/" accepts payment of stamp duty.
    Following receipt of the order, the Company shall make payment of the duty to the "Revenue Department-FCR" under the head 0030.
    Take a printout of the payment challan and submit it to the "Treasury Office" located on the "Ground Floor, Mini Secretariat."
    At Legal Times we have solutions for all the problems. Come to us for having the best services available and get the task completed seamlessly.

    Benefits

    Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.

    Why Choose us

    1. STARTUP’S FIRST CHOICE

    2. TECHNOLOGY DRIVEN PLATFORM

    3. BEST PRICING

    4. 100% ONLINE SERVICE

    5. EXPERT PROFESSIONALS

    Requirements

    Minimum two directors
    Minimum two shareholders
    At least one director should be from India
    Maximum 200 shareholders

    Documents Required

    PAN CARD

    Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled

    PHOTOGRAPH

    Updated Passport size photos of all Participators / Shareholders and Directors.

    IDENTITY PROOF

    Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.

    ADDRESS PROOF

    Updated Electricity Bill/ Telephone Bill / Bank Account Statement of all Shareholders & Directors.

    FOR REGISTERED OFFICE

    Rent agreement

    Valid Rent agreement, Utility bills:- telephone bill, electricity bill, and municipal (It should be last 2 Months) NOC From Owner.

    NOC From Owner.

    Post Company Registration Requirements?

    Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.

    Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.

    our BEST SERVICES

    Company Registration
    Private limited company is among the most popular and preferable choices of business entities in India. Minimum 2 members are required, and for medium and small size businesses and startups, this can be the best choice. It has limited liability and is also applicable for 100% foreign direct investment along with government approval.
    NGO Registration
    Section 8 Company or NGO Registration indicates the registration of companies that are dealing with charitable objects. It includes the promotion of science, education, commerce, the arts, and so on. This non-profit organization has been promoted to attract the best possible opportunities for all the people living inside. In this sort of registration, there is no particular bar for the company from profit creation, but they need to get the registration to be a reputable one.
    LLP Registration
    Limited liability partnership registration is a new approach in the business sector that allows the companies to get the advantages of company and partnership both. In the single business entity, they are all set to get all the advantages. In 2008 was introduced in India under the limited liability partnership act 2008. It is a superior type of partnership, and no one can discourage the same. If we focus on a normal partnership, then it has unlimited liability features, and people used to discourage the same.