Registering a Private Limited Company is the right choice, as it facilitates taxation benefits,
credibility, business expansion, and quicker sanction of business loans.
In India, all companies, irrespective of their type and size, are required to be registered with the Ministry of Corporate Affairs (MCA)/Registrar of Companies (RoC) as per the Companies Act 2013. MCA is a government portal that contains all the details of the companies incorporated in India. The specific company registration details that can be viewed in the MCA web portal are company registration number, type of company, date of incorporation, directors of the company, etc. Also, the status of the particular company’s registration process can also be checked in the portal. In addition, the balance sheets, annual returns, and other documents are also available.
Company registration process in India involves the following major steps:
This is the first step wherein each director and every intended director need to obtain a DIN. The required documents are a self-attested copy of the directors’ PAN and address proof.
As per the Information Act 2000, a digital signature has to be submitted electronically. This is to prove the security and authenticity of the documents that are submitted. Only a single director needs to have a Class-2 Digital Signature Certificate and it has to be obtained by the agencies which are appointed by the Controller of Certification or CCA.
Selecting a company may be too difficult and it is recommended there are four alternative names ready. The shortlisted ones have to be checked in a company search database to make sure that it has not been taken by anybody else. Once the name is finalised an application in the Form-1A has to be filed with RoC. Official confirmation or rejection of the name will be sent by the authorities and the same have to kept for future reference.
When the name is sorted, the MoA and AoA have to be approved by submitting the mandatory documents.
The final step would be the receival of the company incorporation certificate which finalizes the company registration process.
Scanned copies of the following are essential:
In some cases, the following documents may be compulsory
1. Obtaining a TAN and PAN
2. Documents supporting Shop & Establishment act registration
3. Registration documents for Import and Export code
4. For software firms in major technology parks like STPI the duly registered papers are important
5. For foreign companies that are looking to invest in India, an FIPB approval is needed
MCA displays the status of companies registered as Pvt Ltd, LLP and Public Company and not companies registered as Sole Proprietorship or Partnership firm. Post incorporation process, every company gets a unique CIN or Company Incorporation Number which can be used while checking the status.
Here are the steps listed to check the status of the company in MCA
1. Access the MCA website http://www.mca.gov.in/
2. Click “MCA Services” tab
3. From the corresponding dropdown menu, under “Master Data” select “View Company/LLP Master Data”
4. Next, enter the Company/LLP name and Company’s CIN
5. Enter the captcha code and click “Submit”
The MCA website publishes the following information of registered companies
Just tell us a few details about your business and submit the documents and we’ll begin the process. Within 20 working days, you’ll be ready to operate as a private limited company – without leaving home.
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.
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