Online Company Registration Procedure In India

1. Company Registration Procedure

2. COMPANY REGISTRATION IN INDIA: Company registration is the most sought after business structure in India. It is governed by the provisions of the Companies Act, 2013. The whole process is online under the initiative of the Ministry of Corporate Affair. Companies can be bifurcated on the basis of number of members, liability, directors, transferability of shares and its objectives. One needs to choose the right type of company which compliments the proposed business of the individual.

3. Classification of Companies: One Person Company: It’s a new concept introduced in the Companies Act, 2013. Providing a combination of benefits derived from a sole proprietorship and company form of business. Here the owner shall have limited liability as well as full control over the ownership and operations of the company.

4. PRIVATE LIMITED COMPANY: Private Limited Companies being the most popular form of business are perfect for start-ups. To incorporate a private limited company minimum 2 directors and 2 members/ shareholders are required. It is a great option if one is looking for limited liability along with greater control over business and maintenance of its privacy.

5. Public Limited Company: The legal existence of such a Company is separate from its members. Minimum of Seven members and three directors are required to form a Public Limited company but there is no maximum limit on this. The compliances are stringent as compared to private limited company.

6. Section 8 Company: It is registered as a Non-Profit Organization (NPO). Such a company is incorporated with an objective of promotion of arts, charity, education, commerce, poverty elevation, protection of environment, social welfare, research, religion, sports with an intention to apply its profits or any other income so earned in promoting its objectives.

7. Company Registration Process: Step 1: The first and foremost step is to file web form RUN for application of the name of the proposed Company, two names can be applied according to their preference. Step 2: Once the desired name is approved the digital signature certificate (DSC) of the directors need to be applied, simultaneously preparation of the incorporation documents i.e. declaration, consent, no objection certificate and Memorandum and article of association of the proposed company; These documents should ideally be prepared by professionals having expertise in Companies Act, 2013 i.e. company secretaries. Step 3: Incorporation forms need to be prepared, signed by the proposed director and further certified by a professional i.e. CA/ CS/ CMA/ Advocate. Step 4: Time taken in company formation is between ten to twelve working days depending upon the Government approvals in Incorporation.

8. Documents Required for Company Incorporation: • PAN CARD • Address Proof 1( Adhaar/Voter ID/Passport/Driving License) • Address Proof 2( Electricity Bill/Telephone Bill/Bank Statement) • Photograph • Electricity Bill of the registered office address • Rent Agreement of the premises

9. You can contact our professionals for any queries relating to Registration of Companies through our online platform of CAONWEB. Corporate Office Address: E-36, First Floor, Sector 8, City - Noida 201301 Phone Number: (0120) 4231116 WhatsAppNumber:(+91) 7065 818 801 Email Address: info@caonweb.com