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What is company registration?

Building a business requires company registration for the proprietor.A businessman needs to choose the right type of company for his or her organization in India because there are different types of companies. Read more

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What is company registration?

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  1. WHAT IS COMPANY REGISTRATION? Registeringyourfirmestablishesitasadistinctentity with a legal existence. The Ministry of Corporate Affairs (MCA)overseesthe businessregistrationprocessin India. Thereareafewspecifiedstepsforcompanyregistration bywhichonecanregistertheircompanyeasilywithout any trouble.But before registering acompany, one must know about the types of company registration availableinIndia.

  2. TYPESOF COMPANY REGISTRATION InIndia,therearesevendifferentformsofbusiness registration– Private Limited Company Public Limited Company One-Person Company LimitedLiabilityPartnership Section8Company Nidhi Company ProducerCompany

  3. HOWTOREGISTERYOURPRIVATE LIMITEDCOMPANYININDIA? ApplyforDigitalSignatureCertificate-ADigitalSignatureCertificate(DSC)isasecuredigitalkeythat certifiestheidentityoftheholder,issuedbyaCertifyingAuthority. Apply For DIN (Director Identification Number) - Any person (not having DIN) proposed to become a firstdirectorinanewcompanyshallhavetomakeanapplicationthrougheFormSPICe. Chooseyourcompanyname-Choosinganameisthefirststeptoregisteracompany. Prepare MOA, AOA & other Legal documents for Filing - It is meant for defining the purpose and internal governance of the company respectively. Object clauses of the company would be created in ordertosuityourcompanyrequirements. GetyourCompanyIncorporationCertificate-AfteralltheaboveComplicationofregistrationprocess, Registrarofcompany(RoC)approvesandissuesaCertificateofRegistration.

  4. WHAT IS THE CRITERIA REQUIRED FOR REGISTERING FOR A PRIVATE LIMITED COMPANY: According to the Companies Act, 2013, a corporation must fulfil the following criteria to get incorporated asaprivatelimitedcompany: A minimum of two and a maximum of fifteen directors are required (However one may exceed the limit of fifteen, after passingaSpecialResolutioninthegeneralmeeting). OneofthedirectorsmustbeacitizenofIndia. Itshouldhaveatleasttwomembersandthemaximumlimit istwohundredmembers. A minimumofoneregistered required. officeaddressinIndiais

  5. REQUIRED DOCUMENTS FOR PRIVATE COMPANY REGISTRATION All directors' passport-size pictureIDs All company directors'PAN cards Bills(notolder than2months) Bank Statement/ Electricity bill/Telephone bill as proof of residentialaddress. Directors Aadhar card/VoterIdcard Letter of authorizationfrom thelandowners

  6. Conclusion: Gettingyourcompanyregistrationdonecanbelengthy as well as time consuming. Going to the right place to get it done is essential. Online Legal India is one of the bestonlinelegalserviceproviderswithtrained professionals with years of experience in the field. They can help you in getting your company registered in an easyandhasslefreemanner.

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