Company Registration
Company registration refers to the process of legally forming a company and obtaining the necessary licenses and permits to operate as a business entity. This process typically includes the following steps:
Choosing a business name: The company must choose a unique business name that is not already in use by another company and that is compliant with the laws and regulations of the jurisdiction where it will be registered.
Filing articles of incorporation: The company must file formal legal documents, such as articles of incorporation or registration, with the appropriate government agency, typically the Registrar of Companies. These documents provide information about the company's shareholders, directors, and business activities.
Obtaining any necessary licenses and permits: Depending on the type of business, the company may need to obtain licenses and permits to operate legally.
Registering for taxes: The company must register with the tax authorities and obtain a tax identification number.
Complying with other legal requirements: Depending on the jurisdiction, there may be other legal requirements that the company must comply with, such as registering with specific industry regulators or obtaining specific certifications.
Once the company is registered and has obtained all necessary licenses and permits, it is considered a legal entity and can begin conducting business operations.
- Colour PP Photograph
- PAN Card – Self Attested
- Aadhar Card – Self Attested
- Registered Office Address Proof
- Bank Statement – Self Attested
- Limited Financial Liability:-
The term “Limited Liability” means that the individual shareholders’ contribution towards the company debts is limited. - No Personal Bankruptcy:-
A private Ltd company does not put the entrepreneur at the risk of personal bankruptcy in the event of business failure. - Default Choice for Company Registration:-
Private Limited Company Registration is the default company registration choice for many new entrepreneurs.
- Limited Financial Liability:-
The term “Limited Liability” means that the individual shareholders’ contribution towards the company debts is limited. - Lower Compliance Requirement:-
A key benefit of registering an LLP over a private company is lesser compliance requirement. - Operational Flexibility:-
LLP Agreement, deed among partners of an LLP, clarifies operating structure including rights & responsibilities of the partners.
- Limited Financial Liability:-
The term “Limited Liability” means that the individual shareholders’ contribution towards the company debts is limited. - Separate Legal Existence:-
A One Person Company would obtain the status of a separate legal entity. - Default Choice for One Person:-
One Company Registration is the default company registration choice for many freelancers.
- Registering a company in India is now a simple 4-step process. Here is what you’ll need to acquire:
1. A Digital Signature Certificate(DSC)
2. A Director Identification Number (DIN)
3. Registration on the MCA Portal or New user registration
4. Certificate of Incorporation