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PDF Editor FAQ

How do I buy a car with cash from a private seller? What type of document should I get from the seller when I give him the money?

They must give you a clear title under their name only with no cosigner on the title or registration. They must provide you with an up to date non expired registration copy. You must match up the signature and name on their drivers license with those on the title and registration.If they still owe money on the loan or have a title loan you must have the loan #, the name of the lender and phone# , and speak with the lender prior to purchasing to see what requirements the lender has that you must meet to satisfy the loan balance prior to purchasing.If that all goes well, you want to only trade paperwork or cash in a bank lobby or at a police station , no where else, including the bank’s parking lot.The seller should present you with a printed (not handwritten) sales receipt indicating the year, make, model, mileage, color , and VIN (number) on the receipt. You must both sign and preferably have a live witness such as a bank clerk or person.The receipt should have a line stating paid in full in cash and the location address of the transaction and the date listed of the sale.If the current owner can’t provide any one of these necessary requirements in full , walk away from the purchase. No verbal promises of future forthcoming titles or registration will suffice in any case , no matter what.If their is a co=owner on the title they must also be physically present at that time and sign the paperwork as well. They must also have a Drivers’ license you can match up signatures and names.Good luck.

How can I buy a car while visiting the USA, travel around using it, and then sell it? I’m not a US resident or citizen. I am aware of rental options, but I am curious if that’s something a tourist can do.

One option is to buy a car from an individual who has the title in hand to sign over to you with cash or at a bank with a cashiers check. Don’t sign the title once they sign it and give it to you. Make sure the registration is current and notice when it will expire as you will have to be able to renew it (which you will not be able to without a permanent address you can prove with bills/invoices you are receiving at that address). You will have to find another individual to sell it to with that title probably at a loss for what you paid versus the amount you paid but it will still be cheaper than a rental.If you can’t renew the registration you will be taking a chance some policeman will pull you over for an expired tag and assume the car is stolen as it will not be titled or registered under your name.You will also want to have a properly typed (not handwritten) bill of sale showing that individual sold you the car listing the date, VIN, description of the car, mileage, and have it witnessed at the bank or notarized at the bank. Have the sellers name, address, and phone #s to contact in case the police want to verify it’s sale to you on the sales paper.Ask for a copy of the registration. Make sure the signature on their drivers’ license, registration, and sales paper all match up closely as the cop will look for that.When you sell the car simply hand the all your paperwork to the buying party along with another new sales paper showing you sold the car to that individual.Good luck and keep in mind every state handles registration and titling differently somewhat.

How do I start a private company in India?

First, You contact to company Secretary(CS) in your area.They give better option to start private company. If you face any problem in it you message me I will provide you CS.second,Steps for forming a Private Limited Company:Step 1: Obtain Digital Signature Certificate (DSC)*Step 2: Obtain DIN*Step 3: Name AvailabilityStep 4: Form SPICE INC-32Step 5: MOA and AOAStep 6: PAN and TAN ApplicationIts a complicated process….Step 1: Obtain DSC (Digital Signature) Digital signatures are required to file the forms for company formation. The registration process is online and the forms require a digital signature. DSC is mandatory for all subscribers and witnesses in the memorandum and articles of association. You must obtain the digital signature certificates from government recognized certifying agencies. The list of such certified agencies can be accessed here. Or you can get your DSC online in just two days from here. The cost of obtaining DSC varies depending upon the certifying agency. You must obtain either class 2 or class 3 category of DSC. Under Class 2 category, the identity of a person is verified against a pre-verified database whereas, under class 3 category, the person needs to present himself before registering authority to prove their identity. To acquire DSCStep 2: Apply for DIN (Director Identification Number) DIN is an identification number for a director. It has to be obtained by anyone who wants to be a director in a company. One DIN is enough to be a director in any number of companies.There are 3 ways of obtaining DIN:Option 1:File form DIN 3. This form required basic details of the proposed director along with identity proof like PAN, Aadhaar Card, etc and address proof. This is option is only available for existing companies. It means with effect from January 2018, the applicant need not file DIR-3 separately. Now DIN can be applied within SPICe form for up to three directors.Option 2: With filing SPICe, DINs gets issued to the proposed directors who do not have a DIN. Under this process of filing through SPICe (INC 32), maximum of three directors can apply for DIN. If applicant want to incorporate Company with more than 3 Directors and more than 3 persons doesn’t have DIN. In such situation applicant have to incorporate Company with 3 Directors and have to appoint new directors later on after incorporation.Option 3:Click on the link & let a ClearTax expert procure DIN for you. If you go for Private Limited Company – Registration with ClearTax, up to 2 DINs are covered in the plan & there is no need to apply for DIN separately.Step 3: Name ApprovalTo get the name approval, there are following options:Option 1:Incorporating a Company via RUN (Reserve Unique Name) form: In an attempt to ease procedures for new as well as existing companies, the Ministry of Corporate Affairs (MCA) has introduced RUN web service for the incorporation of a company. RUN gives only one chance for applying and in case of rejection of the name due to any similarity of name with a registered company, an LLP or trademark or due to non-adherence of the Companies (Incorporation Rules) 2014, there are no second chances available. It means you have to be sure of the proposed name and should follow name availability guidelines, existing trademarks to avoid rejection. The applicant has to re-file another RUN form with prescribed fee.Please note that DSC and DIN shall not required for filling of RUN form for reservation of name. Only MCA Account is mandatory.However, with effect from March 23, 2018, Ministry has decided to permit two proposed Names and one re-submission (RSUB) while reserving Unique Names for the Companies.Option 2:You can apply for the proposed name through SPICe(INC-32) but only one name can be applied to this form, which is similar to that of the provision in RUN.Moreover, in case of rejection due to non-approval of the name, the applicant will get a second chance of refilling the same SPICe form without any further charges. It means you get two chances of filing the same form without any extra charge of paying Rs. 1000/- both the times.In case of failure to get the name approved in the second go, you can file the SPICe form again from scratch. This will any day prove to be cheaper than opting for the first option. The whole process including name approval and incorporation takes around 2-3 daysStep 4: Form SPICe (INC-32) Ministry of Company Affairs has introduced Form SPICe (INC-32). It is a simplified proforma for incorporating a company electronically. It serves the following purposes with the benefit of a single application:Application for allotment of DIN (Director Identification Number)Reservation of company nameIncorporation of a new companyApplication for PAN and TANPrior to May 2015, the registration of companies required the filling up of several documents, such as the DIR–3 for acquiring the DIN (Director Identification Number), INC-1 for obtaining a name, INC–7 for registering the company with the Memorandum and Articles of Association, INC–22 for the registered office and finally, Form DIR-12 for the directors. Now, all of these forms have been merged together.The digital signature of a professional is required to file Form INC-32. The professional must certify that all the information given in the form is correct. The professional can be Chartered Accountant, Company Secretary, Cost Accountant or advocate.With effect from January 2018, New Process of Name Approval “RUN” notified and e-form INC-1 omitted. INC-7 form omitted. Only way out for incorporation of Company is SPICE. No ROC fees for Incorporation of Company up to 10 lack of authorized capital.Step 5: e-MoA(INC-33) and e-AoA (INC-34) e-MoA refers to an electronic Memorandum of Association and eAoA is electronic Articles of Association. These forms have been introduced to simplify the process of company registration in India.Memorandum represents the charter of the company while articles of association contain the internal rules and regulations of the company.Earlier memorandum of association and articles of association were required to be filed physically. But now these forms are filed online on MCA portal as a linked form with SPICe (INC-32). Both these forms must be digitally signed by subscribers to the Memorandum and Articles of Association.Step 6: PAN and TAN Application Through this single form SPICe, you can also apply for company’s PAN and TAN by using forms 49A for PAN and 49B for TAN. The system will auto-generate these forms after the submission of SPICe form. All you have to do is download it, affix digital signatures and upload both forms on MCA portal If all the details in the form are duly filled in along with the required documents, MCA will approve the registration and a CIN (Corporate Identity Number) will be allocated. You can also track this CIN online on MCA portal.Documents required for filing SPICe (INC-32)The following documents must be filed with SPICe (INC-32) for the incorporation of a company:A. Where director and subscriber are Indian NationalsAn Affidavit on a Stamp Paper is to be given by all the subscribers of the Company to state their willingness to become the shareholders of the CompanyProof of office address – Rental AgreementCopies of utility bills that are not older than two monthsCopy of approval in case the proposed name of the company contains any word(s) or expression(s) that require approval from central governmentIf the proposed name is based on a registered trademark or is subject matter of an application pending for registration under the Trade Marks Act, then it is mandatory to attach the trademark registration certificate or trademark application copyNOC from the owner of the propertyIn case of subscribers/ Director does not have a DIN, it is mandatory to attach, proof of identity and address proof of the subscribersB.Where director/subscriber is a foreign NationalPassportAddress proof: It can be driving license, residence card, bank statement, Government issued form of identification containing an addressRegistered office proof: It can be registered document which shows the title of the premises in the name of the company or notarized copy of lease deed or rental agreementBest of Luck!

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