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Register a Company In India
In order to Register a company in India, it involves a series of well-defined steps to ensure legal compliance and operational readiness. The process to register a company in India, begins with choosing a suitable company structure, such as a Private Limited Company, Public Limited Company, or Limited Liability Partnership (LLP), each with distinct characteristics and regulatory requirements. The first step is to obtain a Digital Signature Certificate (DSC) for all directors, which is necessary for online filings. Next, secure a Director Identification Number (DIN) for each director, which can be obtained through the Ministry of Corporate Affairs (MCA) portal. Following this, the company name must be reserved through the MCA’s online application system, ensuring it is unique and complies with naming guidelines. As soon as the name is accepted it will prepare the necessary documents, which will be outlining the company’s objectives and governance structure. These documents, along with identity and address proofs of the directors and shareholders, must be submitted to the Registrar of Companies (ROC) through the MCA portal. The ROC reviews the application and documents, and upon satisfaction, issues a Certificate of Incorporation, signifying the official formation of the company.
Following incorporation, the company must apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Income Tax Department. Additionally, register for Goods and Services Tax (GST) if applicable, and obtain any necessary licences or permits based on the nature of the business. Finally, set up a corporate bank account to manage financial transactions. Completing these steps ensures legal compliance and positions the company for successful operations in India. Following this process can guide and help you to register a company in India. Meru Accounting offers detailed assistance to help you register a company in India. With expertise in managing legal compliance and financial regulations, Meru Accounting simplifies the entire registration process, from obtaining DSC and DIN to securing the Certificate of Incorporation. By guiding you through every step, including post-registration financial setup, Meru Accounting ensures a seamless start for your business in India.
Company Registration – How to Register a Company in India
A branch office could be started for certain reasons, and there are a few conditions and requirements for starting a branch in India. If it is a domestic company, to start a new branch in India, it need to pass a resolution in the board meeting of the company indicating the business to be conducted at that specific branch. It has to appoint a person to take care of the daily business of the branch. In case it is a foreign company, a branch requires an endorsement from the Reserve Bank of India–RBI.
Steps for Company Register in India
Business Structure.
Ensure that you have selected best matching business structure for your needs..
Requesting a DSC.
We shall help you get a digital signature for your business.
Name Approval.
Name approval is completed within 48 hours of application.
Get DIN.
Request for Director identification number that allocated to each director.
Why Incorporate Company in India?
It is important to be registered to operate a business with no legal issue. India is a country that is known for having new opportunities to succeed. Regardless of in which field your business is working the odds of getting the achievement are high in India; hence a company simply requires a beginning and for that company incorporation is significant. We at Meru Accounting Provide end to end support for your requirement, Feel Free contact us we are Happy to assist you.
Benefits of Company Incorporation in India
- The remarkable characteristics of a company are with regard to its corporate presence which is independent.
- Minimizing liability is another significant benefit of incorporating a company.
- A company which is incorporated would not die. Individuals might come and leave, however, the company would continue to go on.
- The common seal would be the company’s official seal.
- The shares and other interests of the members of the company would be a property which is movable and transferable in the way offered by the company’s articles.
- No individual member or all the members together would be able to claim ownership of the assets of the company.
- A company in its own name would be able to sue & be sued. The individual members do not have to be impleaded.