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Add a Director

Appoint

A Director in Company

Got an able person to take up directorship ? Appoint a Director in your company at prices starting INR 1999/- only.

 
 
 
 
 
 
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What is Appointment of Director?

All you need to know

Who is Director in a Company?

  • Director is an individual who directs, manages, oversees or controls the affairs of the Company.
  • He is a person appointed to the Board of a company to perform the duties and functions of a company in accordance with the provisions of The Company Act, 2013.
  • Director of a company is a natural person elected by the shareholders as per the Memorandum of Association and Articles of Association of the company.
  • The Board of Directors means a group of those individuals elected by the shareholders of a company to manage the affairs of the company.

Minimum number of director based on the type of the company:

Type of company
No. of Director required
One Person Company
1
Private Limited Company
2
Public Limited Company
3

Necessity / Reasons of appointing an additional Director in a company:

The following are the circumstances in which it would be necessary to add or appoint a director:

  • When there is sudden death or plans of retirement / resignantion or other personal reasons, if the existing Directors are unable to work for a long time, in such cases appointing an additional director is necessary to meet the statutory limit of the company.
  • For the growth of business, it is necessary to hire new talent in the management of the company.
  • In case where there is new product line or department added in the company, then to lead the team, appointing an expert as a director is necessary.
  • When the specified statutory number of directors reduces, then it is mandatory for a company to appoint a new director.
  • To help the shareholders assign more operational responsibilities without losing any strategic control.

Eligibility criteria for a person to be appointed as director in a company:

  • The person appointed must be eligible as per the relevant clauses in the Articles of Association.
  • The proposed individual must be above the age of 18 i.e. a major.
  • He or she must qualify as per the laws mentioned under the Companies Act, 2013.
  • The Members of the Board must consent to the appointment of the proposed individual in which he seeks to get appointed as director.
  • It must be noted that the Companies Act does not mention any educational qualification in order to be eligible to become a Director.
  • Indian National, Non-Resident Indians, and Foreign Nationals can be appointed as a director in India.

Why Thinkbiz filings as your service provider for Appointing a director in a company in India?

Thinkbiz filings is a group of intellectuals. The entire team of Thinkbiz filings consists of Highly qualified CA, CS, and business administrators. Thinkbiz filings would be a one stop destination for Appointing a Director for your company. Appointment of Director is easy, seamless, cheapest and quickest with Thinkbiz filings ! Apart from a Director Appointment, Thinkbiz filings also helps entrepreneurs with Private Limited Company Registration, Public Limited Company Registration, LLP Registration, HUF, One Person Company and all other compliance easily. You may get in touch with our compliance manager on 09704561215or email info@Thinkbizfiling.com  for for free consultation.

Simple Prices | No Surprises

Cost of Compliance in India
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Compliance Requirements for a Partnership Firm

Income Tax Return

    Partnership firms must file annual tax returns. The due date is 31st July for non-audit cases and 30th September for audited firms. Timely filing ensures compliance, avoids penalties, and maintains legal standing.

    GST Compliances

      Partnership firms must register for GST if turnover exceeds the prescribed threshold. Regular GST return filing is mandatory to ensure compliance, avoid penalties, and maintain smooth business operations under GST laws.

      TDS Compliance

        Partnership firms must deduct and deposit Tax Deducted at Source (TDS) if liable under the Income Tax Act. Timely filing of TDS returns ensures compliance, avoids penalties, and maintains smooth financial operations.

        Accounting

          firms must maintain proper books of accounts reflecting an accurate and fair view of financial affairs. Each partner’s capital, withdrawals and profit share should be recorded separately to ensure transparency

          Tax Audit (if applicable)

            Required for partnership firms if business turnover exceeds ₹1 Cr or professional receipts surpass ₹50 Lakh under Section 44AB, ensuring regulatory compliance and accurate financial reporting.

            Firm Updates

              Partnerships must file updates on any changes in firm structure, such as partner additions, removals, or modifications to the partnership deed, ensuring legal compliance and transparency.

              Documents Required for Partnership Firms

              Quick Checklist

              • PAN card of all partners of the firm.
              • Aadhaar/Passport/Voter ID/Driving License of all partners.
              • Latest utility bill, rent agreement, or ownership proof of the firm’s office.
              • Latest bank statements of partners.
              • Recent photos of all partners.

              Key Benefits of a Partnership Firm

              Points to make your decision easy

              Ease of Formation

                Partnership firms have a straightforward registration process with minimal legal formalities, making them easy and cost-effective to establish.

                Tax Benefits

                  Partnership firms avoid double taxation, as profits are taxed only at the firm’s level and not again in the hands of partners, ensuring tax efficiency.

                  Lower Compliance

                    Partnership have fewer regulatory requirements and legal formalities compared to corporations, reducing administrative burdens and operational costs.

                    Decision-Making

                      Partnership firms enable quick decisions without extensive regulatory approvals, allowing for agile business operations and faster implementation of strategies.

                      Profit Sharing

                        Partners can distribute profits as per the agreed ratio in the partnership deed, allowing flexibility and mutual benefit in financial management.

                        No Minimum Capital

                          Partnership firms have no minimum capital requirement and can be registered even with Rs. 10,000 as total capital, providing flexibility in business setup.

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                          FAQs On Add a Director
                          Get answers to all your queries
                          • A director is an individual appointed to manage and oversee the company’s operations and decision-making.
                          • Yes, a company can add a director through proper approval and filing with the Registrar of Companies (ROC).
                          • Common types include: Executive Director – Actively involved in daily operations Non-Executive Director – Supervisory role, not involved in daily management Independent Director – Unaffiliated, provides impartial decisions Nominee Director – Appointed by stakeholders, banks, or investors Additional Director – Appointed for a temporary period until the next AGM
                          • Steps to add a director: Obtain consent from the proposed director (DIR-2 form) Apply for DIN (if not already obtained) using DIR-3 Pass a Board Resolution approving the appointment File Form DIR-12 with ROC within 30 days Update the company’s statutory registers and records
                          • Form DIR-12 is required to be filed with ROC.
                          • Yes, for appointment of a regular director, approval in the Annual General Meeting (AGM) or Extraordinary General Meeting (EGM) is needed.
                          • Minimum two directors are required to incorporate a private limited company. Companies Act, 2013, has introduced the concept of One Person Company (OPC) private limited, in which a single individual can start a private limited company. Thus, if you plan to incorporate OPC, you can incorporate it with only one director.
                          • Yes, a DSC is required for filing ROC forms electronically.
                          • No, directors can recommend, but appointment must be approved by the board/shareholders.
                          • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215

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