Register a company in india

Brief steps Involve to Incorporate a Company in India

Step I: Obtain DIN and DSC

DIN is the identification number mandatory required for each of the proposed directors of the Indian company. DIN is issued by the Ministry of Company Affairs. DSC is the digital signature issued by the MCA for electronic submission of the company related documents and is granted to anyone authorized person of the proposed company. Both DSC and DIN are mandatory and to be obtained before initiating further steps.

Step II: Name Approval

Any suitable name can be selected for registration, subject to certain guidelines, which include

The promoters should select six alternative names in the order of priority.

The names should indicate, as far as possible, activity as stated in the main objects of the proposed company. The names should not too closely resemble the name of any other registered company.

The names selected should not violate the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1950. The ROC will provide a online generated written confirmation of the name he would allow the proposed Indian company to use. 

Step III: Drafting of MoA and AoA

An important step in the formation of the company is preparation of the MOA. It is the charter of the company and it lists the basic conditions on which the company is incorporated. AOA contain rules, regulation and by-laws for the general management of the company. It is compulsory to get the AOA registered along with the MOA. The Articles are subordinate to the MOA.

Step IV: Application of Incorporation

Form 1 (declaration of compliance),

Form 18 (location of registered office) and

Form 32 (appointment of directors)

Consent to act as director

Payment of prescribed registration and filing fee

For more Information visit http://www.companiescart.com/company-registration.html

A Private limited company is incorporated under the laws of Companies Act and is one of the most popular forms of business entities with not less than two and not more than fifty members. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. It is a legal person in the eyes of law distinct from its members and known by its own name with rights and liabilities of its own. Company being an artificial person has perpetual succession restricting the liability of the shareholders limited to the amount paid or unpaid on issued share capital.

Deepak Gupta is an associate member of the Institute of Chartered Accountants of India and graduate in commerce from Delhi University. He has a rich experience in the field of internal and external audits, indirect tax advisory and corporate law advisory. He advises clients indirect taxation matters specially GST, Service Tax and Excise laws. 

Register a company in india