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DETAILS ABOUT ALL KIND OF COMPANY REGISTRATION TYPES IN INDIA

We all are very well aware of the fact that we deal in various type of hectic processes which tend to occur in normal day to day routines, similarly when a businessmen thinks of establishing his name and enriching with fame or making a positive impact by building a company with techno-social perspectives. On a similar note, when a company imagines itself to register and ways to make profits in the same, it has to counter various problems related to the same. This article will thus concentrate upon the question to how to register a company online and answer to the same i.e. ways to register company online.

Before we jump to any conclusions regarding the question pertaining to how to register a company online, it is necessary to recognize first that which type of company is suitable for which type of circumstances. But let us first have a look at the thin definition of company.

WHAT IS COMPANY?

 A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.

TYPES OF COMPANIES AND PURPOSES

Before we reflect upon the answer ways to register company online, it is most likely to understand different types of companies. The different types of companies with their purposes for which they are incorporated are elaborated below-

Types of Companies

Listed and unlisted companies

Listed companies are those companies which have their securities listed on the board exchange while unlisted companies are those whose shares are not listed on the board exchange.

 

WAYS TO COMPANY REGISTER ONLINE

After studying about different companies and in which circumstances or purposes they are formed, it is most pertinent to mention different ways to company register online, unlike the offline registration process, and online process is flexible and less hectic or tension causing. Easy steps in online registration can be seen downside-

Step 1: Digital Signature Certificate Preparation – Application submitted for digital signatures to e-Mudhra or other Certifying authorities, This includes submitting the digital signatures.

Step 2: Name approval request submitted to MCA- After the digital signature, a name approval request is submitted to MCA.

Step 3: Incorporation documents drafted based on the MCA approved name- Then documents are drafted based on MCA approved name.

Step 4: Signing of incorporation documents by all directors & shareholders- Different incorporation documents are then signed such as MOA & AOA.

Step 5: Submission of incorporation documents to MCA for approval- The documents are then sent to MCA for the approval

Step 6: Company incorporated with incorporation certificate & PAN- Now it is mandatory to incorporate the company with PAN id so that it gets a separate account.

 

CONCLUSION

It can be easily seen that how simple it has become to choose and register your company but as a reason that government offices prefer certain delays in the process, it is most necessary to mention that the process thus has become complex and is continuing to become so, but as they say “it always has a way out”, Consultancy services are always there to help these businesses to register and continue their work with ease, among such companies consists LegalPillers whose primary and secondary aim is to assist and advice businesses with respect to various services, LegalPillers have well qualified team of CA, CS, Advocates who are well versed with professional skills and empowered with practicality of rules and procedures in the law. Hyderabad is  developing at a high and exponential rate and startup company registration in Hyderabad is becoming a question nowadays, LegalPillers works all over India and hence they also advice startup company registration in Hyderabad.

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