The Companies Act of 2013 makes it a legal requirement to register a business in India. The Companies Act of the given country defines a company as an artificial but lawful person with its legal personality and registered under the Companies Act of that country. Learn how to register a company in India here.
In India, the registration procedure is as follows:
The Ministry of Corporate Affairs encourages business owners to register quickly, usually online, following the procedures below:
The company name needs to be reserved
You must reserve the company before it can be registered. RUN, a simple internet service, is utilized to accomplish this. The Central Registration Center processes the application for reserving the company name. Your ideal consultant in the registration process will be a skilled corporate lawyer.
Generating an e-MOA and an e-AOA
The e-MOA and an e-AOA document outline the company’s internal and external relationships with its stakeholders. Both the documents and the subscriber’s sheet must be professionally written and presented.
Acquiring a DIN identity (Director Identification Number)
Earning a DIN is a requirement for all company directors, and the following documents are needed for registration:
- Photograph in passport-size
- A copy of your PAN card (self-attested)
- Address demonstration (self-attested)
- Director’s DSC code.
Obtaining a DSC certification (Digital Signature Certificate)
Every company member, participating in the business’s incorporation, requires a DSC. It is mandated that promoters and first subscribers sign the e-AOA and e-MOA. Below are the documents that are compulsory for DSC certification:
- Photograph (passport sized)
- Address proof
- PAN card photocopy
Note: To obtain a DIN, the director must have a DSC.
Filling out registration application forms
Online registration is the same for all types of businesses, including private limited companies, public limited companies, partnerships, and sole proprietorships. However, consider seeking the help of a corporate lawyer.
The following documents must be filled in:
- Subscriber’s sheet with e-MOA and e-AOA
- INC-9 assertion and affidavit of the company’s directors and first subscribers
- Proof of the company’s address.
- Bills from the registered company’s utilities.
- DIR-2 (Director’s Consent Form)
Conclusion
So now that you know how to register a company online in India, make no delay in going forward with the process. Even though MCA makes the process of forming a company uncomplicated, it is always essential to seek professional assistance to avoid any mistakes. Experience counts for a lot in the process, and it may be essential help in leading you through it.
FAQs
What does it mean to register a business?
The process involving the incorporation of a company, giving it a legal entitlement under the Indian Companies Act, 2013, is known as company registration.
To whom does the DIN number have to be a source of fear?
The firm directors’ DIN numbers must be reported to the Ministry of Corporate Affairs on the incorporation documents.
What are the important documents for registering a company?
The MOA (memorandum of association) and AOA (article of association) are important documents for company registration.
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