If you are just about to start a company in India, then you need to know proper guidance for it. Starting a new business is always an enthusiasm for every owner and they also need to do it the proper way. It will always be better to go with proper steps while starting a company in India. The rules for Company Setup in India are different for foreign companies and Indian companies. There are plenty of benefits of running a business in India with a nice environment to work.
There are several agencies which provide Business Setup Services in India. Their knowledge will ensure that you comply with all the rules for starting a company.
What are the steps for Company Registration in India?
We will provide here end to end guidance for starting a company in India. Here are some important steps for Company Setup in India:1. Give application for Director Identification Number (DIN)
As per the rules, the first step for Company Registration in India is getting DIN. You can apply for this from the official website of ministry of corporate affairs (MCA) with a proper login id and password. You need to submit an ID card like an Aadhar card or Pan card, father’s name, evidence of residence, two photos. While applying, you need to pay a nominal fee of Rs.100/- with application.2. Give application for Digital Signature Certificate (DSC)
After applying for the DIN-1 form, you get it assured by applying for the DSC with proper documents submission. The companies must ensure that they must apply for DSC through the Controller of Certification Agencies (CCA).3. New User Registration
You need to create an account on the MCA portal for filing the e-form. This keeps the records of all the details of the company on the portal and you can check the particulars about your company there.4. Filing of documentation
You need to create two important documents while Company Setup in India. These documents are Memorandum of Association (MOA) and Articles of Association (AOA). These documents will be needed throughout the registration process.5. Company name application
A proper unique name is to be given through the application which will be registered. You must also mention the type of company which you are registering through this application.6. Providing other details
While Company Registration in India, you must also provide other details like directors, and managers. The Forms 32, Form 18, and there are other types of Forms too which you must fill while applying.7. Getting PAN and TAN
The final stage here is getting the Permanent Account Number (PAN) and Tax Account Number (TAN) for the company. The cost of getting the PAN and TAN is around Rs.70/- and it will take around 7 working days to get it after application. This is a proper end to end guide for Company Setup in India. If you find it difficult or want to get the work done faster than you can outsource this work. There are many agencies that provide Business Setup Services in India. They can help you to set up a company in India. Meru Accounting provides outsourced Business Setup Services in India. They have experience in setting different forms of companies in India. Meru Accounting is a well-known accounting services providing company in India.