Company Registration ( Formation/ Incorporation/ Setup ) in Punjab, India
We also provide online services in Punjab (India) for incorporation of new private limited company, OPC (One Person Company), public limited company, LLP (Limited Liability Partnership), etc; setting up FDI; setting up & doing business; formality for readymade & shelf companies.
We form a private limited company in Punjab (India) in almost 2 weeks from the date of receipt of complete & correct documents, information and advance payment. After advance payment, balance amount is payable after name approval but before submission of final documents & government fee by us for getting certificate of incorporation (COI). We provide our best professional support to you and advise the documents required during registration of a company in Punjab. You need is to send required documents by email and originals through post/ courier to our office address.
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We provide Following Services anywhere in Punjab, India: Complete solution for incorporation of New Company | Apply Name Search | How to Incorporate New Private Limited Company ? Incorporation of Pvt Ltd Co | Procedure for Incorporating a Pvt. Ltd. Co. | Where to Form a Public Limited Company ? Forming a Pub Ltd Co | Formation of Pub. Ltd. Co. | Why to Register an Indian Subsidiary ? Registering an Indian Subsidiary | Registration of Indian Subsidiary | How to make Subsidiaries ? Making of Holding Company | Why to Open a Limited Liability Partnership (LLP) ? Opening a Limited Liability Partnership | Where to open a LLP ? Setup of LLC | Set-up of LLP | Set up of LLP | Setting up of L.L.P. | Setting-up of L.L.P. | To Start a LLC PLC OPC PTE | Starting a L.L.C. | Types of Companies any where in Punjab | Forming Corporation in Punjab | Setting up Business by Foreign Companies |Foreign Direct Investment (FDI) | Liaison Office | Representative Office | Project Office | Branch Office | Obtaining Section 8 Company License | Certificate of Incorporation | Process and Procedure | DIN (Director Identification Number) | DSC Class One Two Three| Digital Signature Certificate | Joint Venture Company | Company Limited by Guarantee | Unlimited Company | Government Company | Nidhi Company | Mutual Benefit Company | Not for Profit Co. NGO, N.G.O.| Section 8 Company | Part IX Company | Producer Company | One Person Company | Sole Proprietorship | Partnership Firm | Cooperative Society | Charitable Trust | Body of Individual, BOI| Association of Persons, AOP |FAQ | Frequently asked questions - Companysetupindia | ROC | R.O.C. | Registrar of Companies | Corporate Laws of Punjab | Companies Act | Business Entities in Punjab |Government Approvals for Investing in Punjab for Foreign Investors | Entry Strategies & Tax Planning in Punjab for Foreign Investors | Foreign Investment in Punjab Sector wise Guide | Doing Business in Punjab - Free Guide for Foreign Companies Doing Business with Punjab | Registering Trademarks in Punjab | Registering Patent in Punjab | Copy Right | Tax Rates in Punjab | Process Serving in Punjab.
About: Punjab is a state in northern India. Forming part of the larger Punjab region of the Indian subcontinent, the state is bordered by the Indian states of Jammu and Kashmir to the north, Himachal Pradesh to the east, Haryana to the south and southeast, Rajasthan to the southwest, and the Pakistani province of Punjab to the west. The state covers an area of 50,362 square kilometres, 1.53% of India's total geographical area. It is the 20th-largest Indian state by area. With 27,704,236 inhabitants at the 2011 census, Punjab is the 16th-largest state by population, comprising 22 districts. Punjabi is the most widely spoken and official language of the state. The main ethnic group are the Punjabis, with Sikhs (58%) forming the demographic majority. The state capital is Chandigarh, a Union Territory and also the capital of the neighboring state of Haryana. The five rivers from which the region took its name were Sutlej, Ravi, Beas, Chenab and Jhelum; Sutlej, Ravi and Beas are part of the Indian Punjab.
The Punjab region was home to the Indus Valley Civilization until 1900 BCE. The Punjab was conquered by Alexander the Great in 330 BCE and was captured by Chandragupta Maurya. The Punjab was home to the Gupta Empire, the empire of the Alchon Huns, the empire of Harsha, and the Mongol Empire. Circa 1000, the Punjab was invaded by Muslims and was part of the Delhi Sultanate and Mughal Empire. Sikhism originated in Punjab and resulted in the formation of the Sikh Confederacy after the fall of the Mughal Empire. The confederacy was united into the Sikh Empire by Maharaja Ranjit Singh. The entire Punjab region was annexed by the British East India Company from the Sikh Empire in 1849. In 1947, the Punjab Province of British India was divided along religious lines into West Punjab and East Punjab. The western part was assimilated into new country of Pakistan while the east stayed in India. The Indian Punjab as well as PEPSU was divided into three parts on the basis of language in 1966. Haryanvi-speaking areas (a dialect of Hindi) were carved out as Haryana, while the hilly regions and Pahari-speaking areas formed Himachal Pradesh, alongside the current state of Punjab. Punjab's government has three branches – executive, judiciary and legislative. Punjab follows the parliamentary system of government with the Chief Minister as the head of the state.
Punjab is primarily agriculture-based due to the presence of abundant water sources and fertile soils. Other major industries include the manufacturing of scientific instruments, agricultural goods, electrical goods, financial services, machine tools, textiles, sewing machines, sports goods, starch, tourism, fertilisers, bicycles, garments, and the processing of pine oil and sugar. Minerals and energy resources also contribute to Punjab's economy to a much lesser extent. Punjab has the largest number of steel rolling mill plants in India, which are in 'Steel Town'—Mandi Gobindgarh in the Fatehgarh Sahib district.
Major Towns of Punjab: Amritsar, Barnala, Bathinda, Firozpur, Faridkot, Fatehgarh Sahib, Fazilka, Gurdaspur, Hoshiarpur, Jalandhar, Kapurthala, Ludhiana, Mansa, Moga, Sri Muktsar Sahib, Pathankot, Patiala, Rupnagar, Sahibzada Ajit Singh Nagar(Mohali), Sangrur, Shahid Bhagat Singh Nagar(Nawanshahr), Tarn Taran, (Tarn Taran Sahib).
Economy of Punjab: According to the 2008 Global Hunger Index, Punjab has the lowest level of hunger in India. Less than one-fourth of children below the age of five are underweight, although Punjab 'came off worse than countries like Gabon and Vietnam when measured on the index'.
Punjab has relatively good infrastructure. This includes road, rail, air and river transport links that are extensive throughout the region. Punjab has also one of the lowest poverty rate in India at 6.16% (1999-2000 figures), and has won the best state performance award, based on statistical data compiled by the Indian Government. In 2012, the state was one of the highest receiver of overall remittances to India which stood at $66.13 billion (4547429450000.00 Indian Rupees), below Kerala and Tamil Nadu.
Macro Economic Trend: This is a chart of trend of gross state domestic product of Punjab at market prices estimated by Ministry of Statistics and Programme Implementation with figures in millions of Indian Rupees. The traditional long-term financial policy of the Union Government is to reward well-performing States.
Year Gross State Domestic Product
(Indian Rupee / Ten Million / Crores)
The state's debt was estimated at 62 per cent of its GDP in 2005.
Major Industrial Cities: Dera Bassi, Jalandhar, Amritsar, Ludhiana, Patiala, Bathinda, Batala, Khanna, Faridkot, Rajpura, Mohali, Mandi Gobindgarh, Ropar, Firozpur, Sangrur, Malerkotla and Moga are major financial and industrialized cities. A big share of state's GDP comes from these cities.
Agriculture: Punjab (the five rivers region) is one of the most fertile regions on earth. The region is ideal for growing wheat crop. Rice, sugar cane, fruits and vegetables are also grown. Indian Punjab is called the 'Granary of India' or 'India's bread-basket.' Many records mistakenly mention that it produces 43% of India's wheat, but that is actually its contribution to the national pool. It produces 17% of India's wheat, and 11% of India's rice (2013 data). The total area of Punjab is just 1.4% of total area of India, but it produces roughly 12% of the cereals produced in the country. The largest grown crop is wheat. Other important crops are rice, cotton, sugarcane, pearl millet, maize, barley and fruits. The principal crops of Punjab are barley, wheat, rice, maize and sugarcane. Among the fodder crops are bajra and jowar. In the category of fruits, it produces abundant stock of kinnow. The main sources of irrigation are canals and tube wells. The rabi or the spring harvest consists of wheat, gram, barley, potatoes and winter vegetables. The Kharif or the autumn harvest consists of rice, maize, sugarcane, cotton and pulses. Agriculture sector is the largest contributor to the gross state domestic product (GSDP) of Punjab. According to 2013-14 data, the contribution of agriculture and allied industries in GSDP at factor cost is 28.13%.
Industry: The state has essentially an agrarian economy with a lower industrial output as compared to other states of India. A prominent feature of the industrial scenario of the Punjab is its small sized industrial units. There are nearly 194,000 small scale industrial units in the state in addition to 586 large and medium units.Dera Bassi, Ludhiana is an important center for industry. In the 1980s there was a chance of a Hero Honda and Maruti Suzuki plant to be set up in Ludhiana but due to some circumstances of terrorism it was cancelled.
Textile Industry: The state produces nearly 25% of the best quality cotton in India. In spite of several advantages, there is one major disadvantage that the total spindlage capacity of the state is only 1.5% of the country.Dera Bassi, Ludhiana is known as manchester of India. Batala was once called as 'Iron bird of Asia' as it produced the highest amount of C.I.Casting, Agricultural and mechanical machinery. Batala is still one of the leading cities in Northern India in manufacturing of C.I Casting and mechanical machinery. It's also an agricultural marketplace and industrial center. Cotton ginning, weaving, sugar refining, rice milling are some of other business taking place here.
The cotton mills are located at Abohar, Malout, Phagwara, Amritsar, Kharar, Mohali and Ludhiana. Malerkotla, Abohar, Malout and Bhatinda are important for cotton ginning and pressing and nearly 25.3 million (25,300,000) bales of cotton are pressed annually over here. About 97 million kilograms of yarn and 36.5 million metres of cloth were produced in the cotton textile mills of Punjab. But only 43% of the cotton yarns formed in Punjab is used within the states and the remaining is sold outside the state. Pesticides introduced in the Green Revolution played an important part in the bustling cotton industry. The most common biopesticides in Punjab are Bacillus thuringiensis (Bt). With the introduction of Bt cotton, the total Punjab cotton area increased from 449,000 hectares in 2002 to 560,000 hectares in 2005. During this time frame, production of cotton has also increased: from 1.08 million bales (170 kg each) to 2.2 million bales, making up about 11-12% of the country's total production of cotton.
Overall textile production of Punjab is predictable at Rs.105000 Million, as well as Rs.32500 Million sell abroad of knitwear, shawls, made-ups (bed sheets, pillow cases, duvet covers, and curtains) and yarns. The direct and indirect employ of textile doings in the state of Punjab is predictable at 2 Million people. 'Said Mr H.S.Cheema, Chairman, Punjab committee, Northern India Textile Mills Association (NITMA)'.
Sugar Industry: The sugar mills in Punjab are located at Batala, Gurdaspur, Bhogpur, Phagwara, Nawanshahr, Zira, Morinda, Rakhra, Dhuri, Fazilka, Nakodar, Dasua, Budhewal, Budhladha, Mukerian, Tarn Taran, Ajnala, Faridkot, Jagraon, Amloh, Patran and Lauhka. Butter Sivian Near Baba Bakala One of the salient feature of the sugar industry is that out of the 22 mills, 15 are in the Co-operative sector and 7 are privately owned. Compared to the state of Uttar Pradesh and some other Indian states, the size of the sugar mills in Punjab is small. The Co-operative sugar mill at Morinda is the biggest in the state with a daily crushing capacity of 4,000 tonnes of sugarcane. Six of the cooperative sugar mills are inoperative while the remaining nine crush cane during the season which is about 150 days.
Dairy Industry: The primary source of milk and other dairy products in the state is the buffalo. The state ranks at the top in the country in the availability of milk after Haryana and gujarat.
The milk plants are mainly located at Verka (Amristar district), Ludhiana, Mohali, Jalandhar, Patiala, Hoshiarpur, Gurdaspur, Ferozepur, Sangrur, Bhatinda, Faridkot, Nabha, Moga, Kot Kapura and Hamira. The plant at Moga is the biggest plant in the state with a processing capacity of nearly 435 thousand litres of milk. The first AMUL milk plant of Punjab state was opened in 2015 at Batala.
Power: Total energy of the state is provided by the PSPCL own THermal Plants a) 1260MW GURU GOBIND SINGH SUPER THERMAL PLANT at Ropar, b) 440MW Guru Nanak Dev Thermal Plant at Bhatinda, c) 920MW Guru Hargobind Thermal Plant at Lehra Mohabbat and its own Hydro Power Plants, i) 110MW Shanan Power house at Joginder Nagar, ii) 600MW Ranjit Sagar DAM at Shah Pur Kandi,iii) 91.35MW UBDC power houses, iV) 207MW Mukerian Hydel Project, v) 134MW Anand Pur Sahib Hydel Channel, vi) Mini and Micro Hydro Power Plants on Sirhind Canal and its ditributeries.IN addidion to that it gets its share from Yhdro Power Plants under the control of BBMB. a) 1325MW Bhakra Dam Left and Right Bank Power Houses b) 155MW Hydro Power Plants on Bhakra Main Line at Ganguwal and Kotla, c) 396MW Hydro Power Plant at Pong, d)990MW Power Plant at Dehar. A new Thermal plant is set up in Rajpura(Punjab) with 1400 megawatt of power capacity inaugurated on 8 December 2013. Another Thermal Plant in Bathinda with capacity of 1980 Megawatt power will come up soon.
The common pool projects are the Bhakra Nangal Complex, the Dehar Power Plant and the Pong Power Plant. Punjab shares about 51% of the Power generated from the Bhakra Nangal Complex. 48% from the Power generated at the Pong Project.
Common Pool Projects
- Bhakra Nangal Complex
- The Upper Bari Doab Canal System (UBDC)
- The Shanah Power House
- Guru Nanak Dev Thermal Plant, Bathinda was completed in 1974. The Guru Nanak Thermal plant has four units of 110X4 MW capacity.
- Ropar thermal power plant consists of six units capable of generating 210 MW each. The plant is spread over an area of about 2,500 acres (10 km²) on the banks of River Sutlej.
- A 1980 MW thermal plant is under execution at Talwandi Sabo in Bathinda District by Sterlite industries.
- A 540 MW thermal plant is under implementation at Goindwal Sahib in District Amritsar by GVK Power.
- A 2640 MW thermal plant at Gidderbaha (District Bhatinda) and a 2100 MW Thermal Plant at Rajpura are in the Pipeline.
- A number of bio-mass and AGro-Waste based power plants are under construction by Private Companies in collaboration with PEDA based on renewable energy.
Steps to Incorporate a Private Limited Company/OPC (One Person Company) anywhere in Punjab