How to Register a Company in India After having a concrete idea for starting a company themost common question that arise is “How to Register a Company in India
.”Company registration in India is now a very transparent and easy process, as
it is completely online. While registering a company in India it is important
to choose your business structure carefully as each business structure has
different levels of compliances to be met with. For example,
PrivateLimited Company,
LimitedLiability Partnership,
OnePerson Company. The most preferred structure of registering a company isPrivate Limited Company.
How to register Private Limited company in India? Follow the simple steps to register your PrivateLimited Company:- Step 1: Obtain DSC(Digital Signature Certificate)
Step 2: Apply forDIN (Director Identification Number)
Step 3: Reserveyour unique Name
Step 4: Form SPICe(INC-32)
Step 5: e-MoA(INC-33) and e-AoA (INC-34)
Step 6: PAN andTAN Application
Step 1: Obtain DSC(Digital Signature Certificate) Digital signatures are required to file the forms forcompany 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 can get your DSC online in just two
days from here.
Step 2: Apply for DIN (DirectorIdentification Number) DIN is a Director Identification Number. It has to beobtained by anyone who wants to be a director in an Indian company. One DIN is
suffice to be a director in any number of companies.
Step 3: Reserve your unique Name.
Reserve unique via RUN (Reserve Unique Name) form: In anattempt 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. DSC and DIN shall not be required for filling of RUN form for
reservation of name. With effect from March 23, 2018, Ministry has decided to
permit two proposed Names and one re-submission while reserving Unique Names
for the Companies.
Step 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 IdentificationNumber)
Reservation of company name
Incorporation of a new company
Application for PAN and TAN
The digital signature of a professional is required to fileForm 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.
Also Read:
All you need to know about form AGILE Step 5: e-MoA (INC-33) and e-AoA (INC-34) e-MoA refers to an electronic Memorandum of Association andeAoA 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: PANand TAN Application Through this single form SPICe, you can also apply forcompany’s PAN and TAN.
FAQs 1. What is the meaning of a private limitedcompany? A
Private limited company, or
LTD,is a type of privately held small business entity, in which owner
liability is
limited totheir shares, the firm is
limited to having 50 orfewer shareholders, and shares are prohibited from being publicly traded. A
company becomesan independent legal structure when it incorporates.
2. What are the characteristics of a privatelimited company? Characteristics of
PrivateLimited Company. Members– To start a
company, aminimum number of 2 members are required and a maximum number of 200 members as
per the provisions of the
Companies Act, 2013.
LimitedLiability– The
liability of each member orshareholders is
limited.
3. What documents are required to register acompany in India?- Photograph of all the Directors
[/*]- PAN Card of all the Directors
[/*]- ID Proof of all the Directors (Driving License/Passport/Voter ID)
[/*]- Electricity Bill or any other utility bill for the address proof of the Registered
Office [/*]
4. How much does it cost to register a privatelimited company in India?Cost: One-time cost of registration at Ebizfiling is
Rs.6999/- for authorised capital up to Rs.
1 lakh,Inclusive of:
- 2 Digital Signature Certificates
[/*]- 2 Director Identification Numbers
[/*]- 1 Name Approval Application under RUN
[/*]- Stamp duty on INR 1 Lakh Authorized Capital
[/*]- Company Incorporation using SPICe
[/*]- MOA & AOA
[/*]- PAN
[/*]- TAN
[/*]
Getstarted with PVT LTD Company in India 5. Do I need to register my new business? For Sole proprietors there is no formal registration, butthey can get it registered through
SSI/MSMERegistration or GST Registration. However, if you’re starting
a PrivateLimited Company or
Limited liability partnership(LLP), you are legally required to
register withRegistrar of Companies.
Get started with LLP Company in India About EbizFiling.com : EbizFiling.com isa motivated and progressive concept conceived by like-minded people, which
helps small, medium and large businesses to fulfill all compliance requirements
of Indian Laws.
Get in touch for a free consultation on
[email protected] or call9643203209.
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https://www.ebizfiling.com/ Visit Link -
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