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Increase of Authorized Capital

The maximum number of shares issued by a private limited company to its promoters and new shareholders is known as Authorized Share Capital. The basic amount of authorized capital for a start-up is Rs. 1,00,000 and if they want to expand their share capital, they can make it after expanding their authorized capital shares base. There are sometimes when the startups get the proper funds and monetary support but their authorized share capital is already subscribed by the existing subscriber and shareholders then it became a difficult task. That is why the expert CA and CS professional of leagl24by7 will help you in formulating the issuance of new shares and restricting capital structure as the requirement of the business.

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Increase of Authorized Capital

₹5200

* All Inclusive

Overview

When a company register-company private limited, it needs to disclose its authorized and paid-up capital. The authorized and paid-up capital of the company also helps in issuing the company’s shares. The company can use the share within the limit of the base share of the company. If a private limited company need to issue more share above its base limit, then it has to change the MOA of the company. Rs 5lacs will be the fee for increasing the authorized share capital from Rs 20 crore to 30 crores.

Benefits

License type

There are two types of licenses in FSSAI, one is a state license which is suggested for small and medium-sized businesses and the second is the central license which is suggested for large-size companies.

Multiple licenses

A company has to get the license separately for all the locations of the company in India.

Exemption

Petty food vendors, peddlers, hawkers, or stall holders are exempted from obtaining FSSAI registration or license.

Validity

The FSSAI license is valid for one or two years and can be renewed before expiring.

Documents Required

1. DSC of one of the authorized directors to be provided
2. Copy of MoA & AoA
3. Certificate of Incorporation
4. Copy of PAN Card

Process

Select Package

Your journey starts with the package selection. Our team of professionals is here to assist you & solve your doubts accordingly.

Documents Drafting

The team will collect the necessary details from you and draft the necessary documents and attach the important documents for the process after the signature.

Filing the Application for Changes

After preparing the application, we will file it with MCA for making changes.

Update the Master Data of the Company

After completing the process, the team will update you with the master data and documents of the company.

Why Us?

We are here to make everything easy for you. If you have any doubts about how to start with the procedure, we are here to resolve this confusion for you. We will enlighten you about what are the different criteria you must fulfill & what is the best possible way you can do everything smoothly. For a convenient Increase in Authorized Capital, we have a team of highly skilled professionals and a large network of people who can assist you with every service that you will need.

FAQ

How to get the license from FSSAI?
FSSAI license is the primary interim agreement that is needed by the FBOs before starting any Food related business in India. Food Business Operators can get the FSSAI license after submitting Form B which is generally an application for the central and state license, on the portal of FoSCoS. The License application forms can also be submitted directly to the Food and Safety Department through offline mode.
Does an FSSAI license valid for lifelong?
The FSSAI license has a validity of 1 year or 5 years. The license can be renewed before 30 days of the expiration validity.
Who can apply for FSSAI registration?
Food Business Operators can apply for FSSAI registration which includes manufacturers, temporary stall owners, wholesale or retail food sellers, hawkers, and itinerant vendors.
What are the documents required for the FSSAI license?
The documents required to apply for the FSSAI license include a passport-size photograph, ID proof, import- export code, MOA & AOA, water test report, address proof of possession of business premises, list of food category and products, list of equipment, NOC from the municipality, incorporation certificate, and list of directors/ partners.
What type of businesses needs a license from the FSSAI?
Food Business Operators with an annual turnover of more than 12 lacs can apply for the FSSAI license. Food manufacturers, retailers, sellers, hawkers, and many others come under this category.
In how much time one can expect the FSSAI license?
Both the state and central FSSAI license takes 45 to 50 days in the approval and delivery process.
How can an FBO get an FSSAI license easily?
Yes, FBOs can easily get the FSSAI license. The license application can be submitted through online and offline mode both. Form B of FSSAI is the application form for getting a license. After completing the application form and submitting the required documents, FBOs can expect to get their license within a certain period.
Can an FSSAI license be renewed after the expiry date?
The FBOs need to apply for the license renewal before the 30 days of expiry if any FBO missed the date of expiry then they can apply for its post-expiry as well. The department will charge late fees of Rs. 100 per day at the time of renewal application. This post-expiry renewal option is available only for 120 days after the expiry date.
Is FSSAI registration and license are same?
No, FSSAI registration and license are different. FSSAI issues registration or license based on the size and nature of the FBOs. FBOs with an annual turnover of up to 12 lakhs can apply for registration through Form A of FSSAI and FBOs with an annual turnover of more than 12 Lakhs must apply for a license through Form B of FSSAI.
How many types of FSSAI licenses are there?
There are two types of FSSAI licenses: State License and Central License. The state and central license category depends on the size and nature of the business of the FBOs. The Central License is for those businesses whose annual turnover is more than 20 crores and the business presence is available in multistate, and State License is for those businesses whose annual turnover is between 12 lakhs to 20 crore and they are only running their business in a particular state.