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Company Registration

Company registration in India involves several steps to legally establish a business entity. Here’s a brief overview of the process:

  • Choose a Business Structure: Decide on the type of business entity you want to register. Common options include Private Limited Company, Limited Liability Partnership (LLP), Sole Proprietorship, and Partnership.
  • Name Reservation: Choose a unique and suitable name for your company. Check its availability on the Ministry of Corporate Affairs (MCA) website or through their portal.
  • Obtain Digital Signatures (DSC): At least two directors or partners need to obtain digital signatures, as many registration processes are done online and require digital signatures for authentication.
  • Apply for Director Identification Number (DIN): If you’re forming a company, the proposed directors need to obtain a DIN from the MCA. This is done through an online application.
  • Drafting of Memorandum and Articles of Association: For companies, draft the Memorandum of Association (MOA) and Articles of Association (AOA) outlining the company’s objectives, rules, and regulations.
  • File Forms with MCA: Submit the necessary forms, along with the MOA, AOA, and other required documents, through the MCA’s online portal.
  • Pay Registration Fees: Pay the applicable registration fees based on the authorized capital of the company.
  • Certificate of Incorporation: Once all documents are reviewed and approved by the Registrar of Companies (RoC), you’ll receive the Certificate of Incorporation (COI), confirming the legal existence of your company.
  • PAN and TAN Application: Apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) with the relevant authorities.
  • Open Bank Account: Using the COI and other relevant documents, open a bank account in the company’s name.
  • GST Registration: If applicable, register for Goods and Services Tax (GST) with the GST authorities.
  • Compliance Requirements: After registration, ensure compliance with statutory requirements, such as maintaining proper books of accounts, filing annual returns, and holding regular meetings as per the business structure.