Company Registration ( Formation/ Incorporation/ Setup ) in Maharashtra, India
Get professional consultancy for company registration and setup services in Maharashtra state of India at most affordable rates. GKS Consulting has served private limited companies, public limited companies, one person companies, limited liability partnerships etc all over the country. Apart from company Setup in Maharashtra we also provide company conversion services, Foreign direct invest (FDI) assistance, NRI tax and business consultancy etc.
The companies that we have helped in Maharashtra are over one hundred in areas such as Mumbai, Nagpur, Wardha, Pune, Jalgaon, Nashik, Kolhapur, Solapur, Akola, Washim, Aurangabaad, Amaravati, Thane etc. The popular industries that have enlisted our services in the state include the following; IT and ITeS, electronics, engineering, auto and auto components, petrochemicals, oil and gas, and textiles.
Maharashtra had a gross state domestic product (GSDP) at current prices of USD 252.7 billion in years 2012-2013 and accounted for 14.6% of India’s GDP which is the highest in all the Indian states. The total FDI in the state was at USD 66.6 billion from April 2000 to February 2014 which is also the highest in all the Indian states.
Maharashtra’s state capital, Mumbai remains the commercial capital of India and has grown into a worldwide financial hub. You will find several global banking and financial service firms in the city. Maharashtra’s other city, Pune has also emerged as an educational hub.
By value the state of Maharashtra accounts for an estimated 38.0% of India’s automobile output. The city of Pune is the biggest auto hub of India having over 4,000 manufacturing units found in only Pimpri-Chinchwad regions. Maharashtra also has got the highest base of local original equipment manufacturers (OEMs).
There is a very highly developed social, physical and industrial infrastructure. The state has got two major airports apart from the three international airports plus the five domestic airports. There are also 53 other minor airports in the state. The state also boasts of a well-developed power supply grid. Maharashtra’s infrastructure sector is one area that has seen an exponential growth in the last decade with a substantial rise in the number of industrial clusters and public-private partnership projects.
Need Quick and Reliable Online Private Limited Company Incorporation, Fresh Company Registration, New Co. Formation and Business Set-up Services anywhere in Maharashtra, India: Top Company Formation Experts, Best Indian Chartered Accountants (CPA), Reliable Company Experts, Renowned Consulting Company, National level Advisors / Consultants of Maharashtra - Ask Companysetupindia.com, a unit of GKS Consulting Private Ltd.
We provide Following Services anywhere in Maharashtra, 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 Maharashtra | Forming Corporation in Maharashtra | 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 Maharashtra | Companies Act | Business Entities in Maharashtra |Government Approvals for Investing in Maharashtra for Foreign Investors | Entry Strategies & Tax Planning in Maharashtra for Foreign Investors | Foreign Investment in Maharashtra Sector wise Guide | Doing Business in Maharashtra - Free Guide for Foreign Companies Doing Business with Maharashtra | Registering Trademarks in Maharashtra | Registering Patent in Maharashtra | Copy Right | Tax Rates in Maharashtra | Process Serving in Maharashtra.
About: Maharashtra is a state of India, in the western region of the country and is India's second-most populous state and third-largest state by area. Spread over 307,713 km2 (118,809 sq mi), it is bordered by the Arabian Sea to the west and the Indian states of Karnataka, Telangana, Goa, Gujarat, Chhattisgarh, and Madhya Pradesh and the Union territory of Dadra and Nagar Haveli. It is also the world's second-most populous subnational entity. It has over 112 million inhabitants and its capital, Mumbai, has a population around 18 million making it the most populous urban area in India. Nagpur hosts the winter session of the state legislature. Pune is known as 'Oxford of the East' due to the presence of several well-known educational institutions.
The Godavari and the Krishna are the two major rivers in the state. The Narmada and Tapi Rivers flow near the border between Maharashtra and Madhya Pradesh and Gujarat. Maharashtra is the third-most urbanized state of India. Prior to Indian independence, Maharashtra was chronologically ruled by the Satavahana dynasty, Rashtrakuta dynasty, Western Chalukyas, Deccan sultanates, Mughals and Marathas, and the British. Ruins, monuments, tombs, forts, and places of worship left by these rulers are dotted around the state. They include the UNESCO World Heritage Sites of the Ajanta and Ellora caves. The numerous forts are associated with the life of Chhatrapati Shivaji Maharaj.
Maharashtra is the wealthiest state by all major economic parameters and also the most industrialized state in India. The state continues to be the single largest contributor to the national economy with a share of 15% in the country’s gross domestic product (GDP). Maharashtra accounts for 17% of the industrial output of the country and 16% of the country’s service sector output. It has played a significant role in the country’s social and political life. The economy of Maharashtra is the largest state economy in India with 27.96 lakh crore (US$390 billion) in GDP and a per capita GDP of 180,000 (US$2,500).
Major Towns of Maharashtra: Ahmednagar, Akola, Amravati, Aurangabad, Beed, Bhandara, Buldhana, Chandrapur, Dhule, Gadchiroli, Gondia, Hingoli, Jalgaon, Jalna, Kolhapur, Latur, Mumbai City(Mumbai), Mumbai suburban (Bandra (East)), Nanded, Nandurbar, Nagpur, Nashik, Osmanabad, Palghar, Parbhani, Pune, Raigad(Alibag), Ratnagiri, Sangli, Satara, Sindhudurg(Oros), Solapur, Thane, Wardha, Washim, Yavatmal.
Economy of Maharashtra: The economy of Maharashtra is driven by manufacturing, international trade, Mass Media (television, motion pictures, video games, recorded music), aerospace, technology, petroleum, fashion, apparel, and tourism. Maharashtra is the most industrialised state and has maintained the leading position in the industrial sector in India. The State is pioneer in small scale industries. Mumbai, the capital of state and the financial capital of India, houses the headquarters of most of the major corporate and financial institutions. India's main stock exchanges and capital market and commodity exchanges are located in Mumbai. The State continues to attract industrial investments from domestic as well as foreign institutions. Maharashtra has the largest proportion of taxpayers in India and its share markets transact almost 70 per cent of the country's stocks.
Mumbai is major Contributor to the Economy of Maharashtra
The Service sector dominates the economy of Maharashtra, accounting for 61.4% of the value addition and 69.3% of the value of output in the country. The state's per-capita income is 40% higher than the all-India average. The gross state domestic product (GSDP) at current prices for 2011–12 is estimated at 11,995.48 billion and contributes about 14.4% of the GDP. The agriculture and allied activities sector contributes 12.9% to the state's income. Net State Domestic Product (State Income), as per the first revised estimates was 10,827.51 billion and Per Capita State Income was 95,339 during 2011–12. The percentage of fiscal deficit to GSDP was 1.7 per cent and debt stock to GSDP was 18.4 per cent during 2012–13, well within Consolidated Fiscal Reform Path stipulated by the Thirteenth Finance Commission. In 2012, Maharashtra reported a revenue surplus of 1524.9 million (US$24 million), with a total revenue of 1,367,117 million (US$22 billion) and a spending of 1,365,592.1 million (US$22 billion). Maharashtra ranks first in FDI equity and percentage share of total FDI inflows is 32.28%. Total FDI inflows into Maharashtra are US$53.48 billion. Top countries that invested FDI equity in Maharashtra (from January 2000 to December 2011) were Mauritius (39%), Singapore (10%), United Kingdom (10%), United States (7%) and Netherlands (5%).
Maharashtra contributes 25% of the country's industrial output and is the most indebted state in the country. Industrial activity in state is concentrated in four districts: Mumbai city, Mumbai suburban district, Thane and Pune districts. Mumbai has the largest share in GSDP (21.5 per cent), both Thane and Pune districts contribute about same in the Industry sector, Pune district contributes more in the agriculture and allied activities sector, whereas Thane district contributes more in the Services sector. Nashik district shares highest in the agricultural and allied activities sector, but is far behind in the Industry and Services sectors as compared to Thane and Pune districts. Industries in Maharashtra include chemical and chemical products (17.6%), food and food products (16.1%), refined petroleum products (12.9%), machinery and equipment (8%), textiles (6.9%), basic metals (5.8%), motor vehicles (4.7%) and furniture (4.3%). Maharashtra is the manufacturing hub for some of the largest public sector industries in India, including Hindustan Petroleum Corporation, Tata Petrodyne and Oil India Ltd.
Maharashtra has an above average knowledge industry in India with the Pune Metropolitan area being the leading IT hub in the state. Approximately 25% of the top 500 companies in the IT sector are situated in Maharashtra. The state accounts for 28% of the software exports of India. The state houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations. It is also home to some of India's premier scientific and nuclear institutes like BARC, NPCL, IREL, TIFR, AERB, AECI, and the Department of Atomic Energy.
The banking sector comprises scheduled and non-scheduled banks. Scheduled banks are of two types, commercial and co-operative. Scheduled Commercial Banks (SCBs) in India are classified into five types: State Bank of India and its associates, nationalised banks, private sector banks, Regional Rural Banks and others (foreign banks). In 2012, there were 9,053 banking offices in the state, of which about 26 per cent were in rural and 54 per cent were in urban areas. Maharashtra has a microfinance system, which refers to small scale financial services extended to the poor in both rural and urban areas. It covers a variety of financial instruments, such as lending, savings, life insurance, and crop insurance. Three largest urban cooperative banks in India are all based in Maharashtra.
With more than half the population being rural, agriculture and allied industries play an important role in the states's economy. The agriculture and allied activities sector contributes 12.9% to the state's income. Staples such as rice and millet are the main monsoon crops. Important cash crops include sugarcane, cotton, oilseeds, tobacco, fruit, vegetables and spices such as turmeric. Animal husbandry is an important agriculture related activity. The State's share in the livestock and poultry population in India is about 7% and 10% respectively. Maharashtra was a pioneer in the development of Agricultural Cooperative Societies after independence. In fact, it was an integral part of the then Governing Congress party's vision of ‘rural development with local initiative’. A ‘special’ status was accorded to the sugar cooperatives and the government assumed the role of a mentor by acting as a stakeholder, guarantor and regulator, Apart from sugar, Cooperatives play a crucial role in dairy, cotton, and fertiliser industries.
Tourism: According to a survey, most tourists visiting places in Maharashtra are from the state. Two other states, Gujarat and Andhra Pradesh send the largest number of domestic visitors to Maharashtra. Foreign visitors to Maharashtra account for just 2% of the tourist. Visitors from USA, UK, Germany and UAE each form a significant percentage of foreign tourists.
Mumbai, the biggest and the most cosmopolitan city in India attracts tourists from all over the world for its many attractions including colonial architecture, beaches, movie industry, shopping and active nightlife. Pune, called the cultural capital of Maharashtra, also attracts many visitors during the annual Ganeshotsav festival.
The area around Aurangabad has many ancient and medieval sites including the UNESCO World Heritage Sites of Ajanta and Ellora caves, the ancient fort at Devgiri/Daulatabad, and the Bibi Ka Maqbara in Aurangabad.
The mountainous districts of Western Maharashtra are dotted with the ruins of hundreds of mountain forts from Deccan Sultanate and the Maratha empire eras respectively. These forts and the surrounding hills are popular with people interested in trekking, hiking and Heritage tourism related to Shivaji Maharaj.
The British built many hill-stations during the colonial era for government officials to escape from the heat of Indian summer s.These places have been magnets for tourism for a long time. The important hill stations in Western Maharashtra are Mahabaleshwar, and Matheran. In Vidarbha region, Chikhaldara is the hill station popular with visitors. Places of worship that attract pilgrims from other parts of India and beyond include the Sikh Gurudwara of Hazur Sahib at Nanded,Khandoba temple at Jejuri in Pune district where worshipers shower each other with Bhandar and the shrine of Saibaba at Shirdi . The places associated with the Varkari sect such as Pandharpur, Dehu and Alandi attract pilgrims from all over Maharashtra throughout the year but particularly during religious observations at these places. The Vidarbha region of Maharashtra has numerous nature reserve parks. These include, Melghat Tiger Reserve in Amravati district, Tadoba-Andhari Tiger Reserve in Chandrapur district , Umred Karhandla Wildlife Sanctuary in Nagpur district, the Nagzira wild life sanctuary and Navegaon National Park (bird sanctuary) of Gondia District.
The state Government has established Maharashtra Tourism Development Corporation (MTDC) for systematic development and promotion of tourism in the state. MTDC has, since its inception, been involved in the development and maintenance of the various tourist locations of Maharashtra. MTDC owns and maintains resorts at all key tourist centers and having more resorts is on the plan.
Transport: The state has a large, multi-modal transportation system with the largest road network in India. In 2011, the total length of surface road in Maharashtra was 267,452 km; national highways comprised 4,176 km and state highways 3,700 km. The Maharashtra State Road Transport Corporation (MSRTC) provides economical and reliable passenger road transport service in the public sector. These buses, popularly called ST (State Transport), are the preferred mode of transport for much of the populace. Hired forms of transport include metered taxis and auto rickshaws, which often ply specific routes in cities. Other district roads and village roads provide villages accessibility to meet their social needs as well as the means to transport agricultural produce from villages to nearby markets. Major district roads provide a secondary function of linking between main roads and rural roads. Almost 98% of villages are connected via the highways and modern roads in Maharashtra. Average speed on state highways varies between 50–60 km/h (31–37 mi/h) due to heavy presence of vehicles; in villages and towns, speeds are as low as 25–30 km/h (15–18 mi/h).
The first passenger train in India ran from Mumbai to Thane on 16 April 1853. Rail transportation consists of the Central Railway and the Western Railway zones of the Indian Railways that are headquartered in Mumbai, at Chhatrapati Shivaji Terminus (CST) and Churchgate respectively. The Mumbai Rajdhani Express, the fastest rajdhani train, connects the Indian capital of New Delhi to Mumbai. Thane and CST are the busiest railway stations in India, the latter serving as a terminal for both long-distance trains and commuter trains of the Mumbai Suburban Railway. Nanded division of South central railway comprises Marathwada region.
The two principal sea ports, Mumbai Port and Jawaharlal Nehru Port, which is also in the Mumbai region, are under the control and supervision of the government of India. There are around 48 minor ports in Maharashtra. Most of these handle passenger traffic and have a limited capacity. None of the major rivers in Maharashtra are navigable and so river transport does not exist in the state.
Almost all the major cities of Maharashtra have airports. CSIA (formerly Bombay International Airport) and Juhu Airport are the two airports in Mumbai. The two other international airports are Pune International Airport and Dr. Babasaheb Ambedkar International Airport (Nagpur). While Aurangabad Airport is domestic airport operated by Airports Authority of India. Flights are operated by both private and government airline companies.Nashik Airport is also major airport. Most of the State's airfields are operated by the Airports Authority of India (AAI) while Reliance Airport Developers (RADPL), currently operate five non-metro airports at Latur, Nanded, Baramati, Osmanabad and Yavatmal on a 95-year lease. The Maharashtra Airport Development Company (MADC) was set up in 2002 to take up development of airports in the state that are not under the AAI or the Maharashtra Industrial Development Corporation (MIDC). MADC is playing the lead role in the planning and implementation of the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) project. Additional smaller airports include Akola, Amravati, Chandrapur, Dhule, Gondia, Jalgaon, Karad, Kolhapur, Nashik Road, Ratnagiri, and Solapur.
Steps to Incorporate a Private Limited Company/OPC (One Person Company) anywhere in Maharashtra