Are you an aspiring entrepreneur and willing to start your own company in India? Register a Company in india is easy now with LegalPillers. With the convenience of the process introduced by government, registering a company has become much simpler. In this guide, we’ll walk you through the step-by-step process of online company registration in India, focusing on Pvt Ltd company registration.
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Why Online Company Registration?
In earlier days registration of company was not an easy task. Government has revolutionized process of online company registration in India. It offers convenience, accessibility, and a streamlined approach to kick-starting your entrepreneurial journey in just few steps. However you have to focus on some points and must have outsource your work for of company registration to such company who has good trackm records in providing personalised services. Many traps are going on in market which are offering cheaper services and claiming to provide all unnecessary deliverables in very lower prices. All those advertisers may harm your future business journey. So be careful while choosing your professional. However let me tell you all steps and process here.
Step 1: Decide Business Structure
Before diving into registration, determine the type of company structure that suits your business goals. For many startups and small to medium-sized businesses, a Private Limited (Pvt Ltd) Company is often preferred due to its benefits like limited liability and credibility. However, government is offering some other kind of registrations also such as LLP, OPC, Proprietorship, etc.
Step 2: Obtain Digital Signature Certificate (DSC)
To initiate the registration process, the directors/promoters need to obtain a Digital Signature Certificate (DSC). These digital signatures authenticate and validate electronic documents filed by the company. DSC are usually valid for 3 years and all your company applications and other forms which need to submit with MCAC and other authority shall have to submit by using DSC only.
Step 3: Name Approval and Reservation
Choosing the right name for your company is critical. Ensure it’s unique, meaningful, and not violating any existing trademarks. Once you have a name in mind, apply for name approval through the Ministry of Corporate Affairs (MCA) portal. Upon approval, it gets reserved for 20 days. In this time you can apply for new company registration online easily.
Step 4: Drafting Application and MOA, AOA
There after professional will prepare your Incorporation Application along with Memorandum of Association (MoA) and Articles of Association (AoA) defining the company’s objectives, structure, and internal regulations to get your private limited registration done. This is a crucial step as these documents outline the company’s constitution and operation.
Step 5: Incorporation Filing
With all the necessary documents in hand, it’s time to file for company incorporation online via the MCA portal. Provide details like registered office address, directors’ information, MoA, AoA, etc. Pay the requisite fee and submit the application.
Step 6: Certificate of Incorporation
Once the Registrar of Companies (RoC) approves your application and verifies all documents, you’ll receive the Certificate of Incorporation. This signifies the legal existence of your company.It also called as COI (Certificate of Incorporation). Long with this government will also issue you PAN, TAN of company. Today MCA is also issuing some other registration certificates mandatorily such as EPFO Registration, ESIC Registration, PTRC Registration, PTEC Registration, Bank Account Opening of Company.
Online company registration in India has simplified the daunting task of starting a business. Utilizing digital platforms and adhering to the prescribed steps ensure a smooth registration process.
For a hassle-free pvt ltd company registration online experience in India, platforms like LegalPillers provide expert guidance and support. Visit LegalPillers – Pvt Ltd Company Registration online for professional assistance in registering your company efficiently and effectively.
Start your entrepreneurial journey today with a solid foundation laid through proper company incorporation!
Disclaimer: This guide serves as an informational resource. Always consult legal or financial experts for personalized advice regarding company registration.