Starting a business in India can be an intimidating process, but with the right information and the right resources, it doesn’t have to be. This article will provide you with all the information you need to know about registering a company in India – from understanding the legal requirements to filing your paperwork. Get started setting up your company today and begin taking steps toward success!
Steps To Register A Company In India
- Obtain DSC
- Apply For DIN
- Application For The Name Availability
- Submission of MoA And AoA To Register Private Limited
- Apply For The PAN And TAN Of The Company
- RoC Issues A Certificate Of Incorporation
Obtain DSC
In order to register a company in India, you will need to obtain a Digital Signature Certificate (DSC). This can be done through a number of different online providers. Once you have obtained your DSC, you will need to submit it along with your application for incorporation.
Apply For DIN
If you want to register a company in India, you will need to apply for a DIN (Director Identification Number). This can be done online through the Ministry of Corporate Affairs (MCA) website.
The process is fairly simple and only takes a few minutes. You will need to provide some personal information, such as your name and address, as well as your passport number. Once you have submitted the form, you will receive a confirmation email with your DIN.
Once you have your DIN, you can then proceed with the registration process. This involves filling out some forms and paying the relevant fees. Once everything is completed, you will be issued with a Certificate of Incorporation, which is proof that your company has been registered in India.
Application For The Name Availability
The first step in registering a company in India is to confirm the availability of the proposed company name with the Registrar of Companies (ROC). An application for name availability must be made on FormINC-1, accompanied by the registration fee.
The Registrar will conduct a search of their records to ensure that the proposed name is not identical or too similar to an existing company. Once the Registrar is satisfied that the proposed name is available, they will issue a Certificate of Name Availability. This certificate is valid for 60 days from the date of issue, and allows the applicant to proceed with registration.
Submission of MoA And AoA To Register Private Limited
The first step in registering a company in India is to submit the Memorandum of Association (MoA) and Articles of Association (AoA). The MoA and AoA are legal documents that outline the purpose and rules of the company.
The MoA must be submitted to the Registrar of Companies (ROC) along with the application for registration. The AoA must be submitted to the ROC within 21 days of the date of incorporation.
The MoA and AoA can be prepared by a professional service provider or by the directors of the company. Once these documents are prepared, they must be signed by all the directors of the company.
Apply For The PAN And TAN Of The Company
The PAN and TAN of the company are required for the registration of the company. The PAN is the Permanent Account Number and the TAN is the Tax Deduction and Collection Account Number. These numbers are required for the filing of income tax returns and other financial transactions.
To apply for the PAN and TAN of the company, you will need to fill out Form 49A and submit it to the Income Tax Department. You can find this form on their website or at a nearby office. Once you have submitted the form, you will receive your PAN and TAN within a few weeks.
RoC Issues A Certificate Of Incorporation With PAN Card
The Reserve Bank of India (RBI) has notified that all banks will now have to mandatorily use the PAN card number for all transactions above Rs. 50,000. This is in line with the government’s goal to curb black money and promote transparency in financial dealings.
In order to register a company in India, you will need to obtain a Certificate of Incorporation from the Registrar of Companies (RoC). This can be done online or offline. The process is relatively simple and straightforward, and you will need to submit certain documents along with the application form.
One of the required documents is a PAN card. The PAN card is issued by the Income Tax Department and contains your unique 10-digit alphanumeric identification number. It is important to note that this number must be quoted in all correspondence with the RoC as well as on the company’s official website and stationery.
Once you have obtained the Certificate of Incorporation, you will be able to apply for a PAN card for your company. This can be done through the Online portal of NSDL e-Governance Infrastructure Limited (NSDL e-Gov). The process is simple and takes only a few minutes to complete.
It is important to note that a PAN card is not required for companies with an annual turnover below Rs 5 lakhs. However, it is still advisable to obtain one as it makes financial transactions simpler and helps build credibility with clients and partners.
No comments:
Post a Comment