Company Registration
Company incorporation or Company registration means forming a new company by following the rules, regulations & guidelines specified under Companies act 1956, 2013 & other allied acts, bills and rules.
The incorporated corporation may be a business startup, micro, small or medium scale business or a not for profit organization. All the corporate affairs are governed by MCA under the Companies act, 1956, Companies act 2013& other allied acts, bills & rules.
MCA protects the interest of investors & offer many important services to the stakeholders as well. Ministry of corporate affairs prepare, govern and control all the rules, regulations and policies of the companies under Companies act 1956, Companies act 2013, LLP act, 2008 and other allied act, bills & rules.
Company Name Availability
Choosing a name for the company is one of the most important steps when registering a company in India. While choosing a unique name, you need to consider various factors in mind and follow the company naming guidelines mentioned under the Companies Act, 2013 in order to arrive at a good decision. Important things which we have to take care of while choosing a name for the company are –
A company name should be unique.
It should be easy to remember
It should not be similar or identical to any existing company or LLP or trademark
It should follow the naming guidelines specified under the Companies Act, 2013.
It should be attractive
It should not be blacklisted
No common trademark
However, MCA is responsible for accepting or rejecting the company name application
Requirements To Start A New Company In India
Minimum Two Person
Register your companies with at least two persons to act as the initial director & shareholders. The company can have up to 200 shareholders & 15 directors.
Resident Director
One director of the company should be resident in India. A Person is considered a resident when he/she stays in India for over 182 days during the previous financial year.
Resident Director
The company must be registered at a physical address, known as Registered Address. You need to submit Registered Office Proof & NOC from the owner.
Capital Requirement
Invest as per the business’s requirement, & there is no prescribed minimum or maximum capital. However, the ROC Fee is calculated on the capital.
Documents Required For Company Registration In India
For Private Limited Company Registration
Identity proof of Directors and Shareholder
Proof of Registered Office in India
Address Proof of Directors and Shareholders
Signed Incorporation Documents
MOA & AOA
For LLP Registration
Identity proof
Address proof
DIN & DSC
PAN Card Copies of the partners
For Partnership Registration
Identity proof of the partners
Address proof of the partners
DIN of the partners
DSC of the partners
For Proprietorship Firm Registration
Identity proof of the proposed owner
Address proof of the proposed owner
Registered Office proof
Bank account
For One Person Company Registration
Identity proof of Directors and Shareholder
Proof of Registered Office in India
Address Proof of Directors and Shareholders
Signed Incorporation Documents
MOA & AOA
For Section 8 Company Registration
Identity proof of Directors and Shareholder
Proof of Registered Office in India
Address Proof of Directors and Shareholders
Signed Incorporation Documents
MOA & AOA
Benefits Of Company Registration
The benefits of company registration are as follows –
It offers limited liability as an individual
It provides numerous tax benefits
It helps improving test factor and enhancing your brand image
It gives legal identity or recognition to your business.
It makes you eligible for investment/funding.
Company Registration Process
Name Approval
The first step of incorporating the company is to decide about the name of your company which will be applied to MCA for approval. Names given for approval should ideally be unique and related to business activities of the company. MCA
Application Of DSC & DPIN
The next step for company registration is to apply for a digital signature and DPIN. A digital signature is an online signature used for signing the e-forms and DPIN refer to director's identification number issued by Registrar.
MOA & AOA Submission
Once the name is approved, a Memorandum of association and Articles of Association needs to be prepared, which includes the rules & by-laws of the company that regulates the operation of the business. Both MOA and AOA are filed with the MCA with the subscription statement for authentication & approval.
Prepare Form & Documents
Fill the application forms duly, attach the documents, get the same verified by a professional, then file the form to ROC and make the payment.
Get Incorporation Certificate
Once all the documentation is done & the form is filed with the department, registrar issues the incorporation certificate. The certificate of incorporation mentions significant information about the company, such as CIN number the name of the company, date of incorporation, etc.
Apply For A Bank Account
After the receipt of the incorporation certificate, you can submit the copy of the Incorporation certificate, MOA, AOA and PAN along with the account opening form of the bank to open your bank account.
Compliances To Be Followed By The Company
Once a business is registered, it must adhere to certain regulations on an annual basis. The company must adhere to certain regulations, such as appointing its first auditor within 30 days of incorporation in the first-ever board meeting. Each company must hold a minimum of four board meetings per calendar year at specified intervals. It is required to maintain and file profit and loss accounts, annual returns, balance sheets and audit reports to the Registrar of Companies on or before the due date for each fiscal year. Each business is required to keep certain Statutory Registers.
What Is Included In Our Package?
Eligibility Consultation
Document Preparation
Application Drafting
Government Fees