To start and run a successful business you need to be legally compliant with all the formalities of company incorporation. Let's look at how to register a company legally in India.
On the off chance that you will enlist a startup or another organization in India then you really want to keep it in Indian official records for example Ministry of Corporate Affairs (MCA). One doesn't have to visit the corporate office for registration as it very well may be done while sitting at home. The registration incorporates Digital Signature Certificate(DSC), Digital Signature Certificate(DIN) and filing for an e-form.
Four major steps to register a company in India:
Step 1: Deciding your Business Structure
This is one of the most basic and essential steps for the registration of an organization or company. Concluding the business structure of your organization will essentially characterize the way your company takes and how it handles activities for its whole lifetime. Hence, it turns into a crucial stage to conclude the right business structure adjusting to your company's requirements and needs.
There are many kinds of Business Designs in India, and it tends to be difficult to choose which one to go for. In this way, we'll take a broad look at all the business structures to assist you with picking the best one.
Proprietorship Firm Registration
Partnership Firm Registration
Private Limited Company Registration
One-Person Company Registration
Limited Liability Partnership Registration
Public Limited Registration
Step 2: Obtaining a DSC (Digital Signature Certificate)
A Digital Signature is a way to check the realness of a product for our situation, a record. The greater part of the time, the authenticity is a copy of the physical signature, it could likewise be a stepped seal which confirms the authenticity of the document and offers undeniably more innate protection from impersonation.
Various Classes of (DSC):
Class 1: Individuals/Private Subscribers.
Class2: Business Personnel as well as for personal and private use.
Class 3: High Assurance Certificates. Majorly for E-commerce Operators whether individuals or companies.
Step 3: Obtain DIN (Director Identification Number)
The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of sections 266A to 266G of the Companies (Amendment) Act, 2006.
SPICe Forms: Allocation of the DIN number to the proposed directors of a new company
DIR-3 Form: To become a director of an already existing company.
DIR-6 Form: To convey the changes in any particulars of the existing directors.
Step 4: File for Incorporation
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