Online Company Registration is the method of Incorporation of a company/firm. Online firm registration in India can be done for a startup, a small or medium business, or a non-profit organization. Company incorporation is regulated by the Ministry of Company Affairs (MCA) in India through the firm's Act,1956,2013, and different allied Bills, Acts, and Rules. There area unit numerous necessary services furthermore as the protection offered by MCA to stakeholders in Company Incorporation in India. thus it's beneficial to register an organization before beginning any business or doing any investment. As their area unit multiple sorts of company registration in India with different types of advantages.
At LegalPillers, a team of extremely educated skilled legal advisors is there to assist you out through the online company registration process. currently, the question is what sort of company structure ought to one select. As their area unit differing types of Company Registration in India such as Private Limited Company, liability Partnership Firm, Proprietorship Firm, Partnership Firm, and Nidhi Company, etc. it's vital to pick out Associate in Nursing correct sort of company structure for your startup.
The reason being, an accurate variety of Company Registration can assist you to work your business effectively still as value with efficiency. an organization is fashioned for varied businesses be it non-profit, profit, small or medium. the necessity of a business model determines the sort of Company Registration in India. Their area unit varied laws in India that govern these kinds of entities. of these corporations vary from one another and have completely different necessities for the aim of Startup Registration.
Why & When Required to register a company?
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Incorporating your company is the key to unlock your Corporate dreams into reality. There are various types of companies
according to one requirement like Private Limited, Public Limited, Nidhi company, Section 8 company, etc. A registered business helps to have startup funding and develop trust in the eyes of employees, investors, vendors customers, etc. who wants to deal with you. Company Incorporation is to be done when an entrepreneur has a plan or idea to implement or It can be done
when an existing entrepreneur wants to legalize their business or expand their business.
WHAT WILL YOU GET
Corporate Identity Number (CIN ), memorandum of association(MOA), article of association (AOA), 2 Digital Signature (DSC), 2 Director identification number (DIN ), PAN AND TAN of company, Master data of the company, Current account opening Kit, PF and ESI credentials and Professional Tax registration in the state of Maharashtra and Karnataka.
INPUT NEEDED FROM CLIENTS
Unique company name, Age of the director or shareholder must be 18 or more, Objectives of the business must be legal. The company must have one Indian Director. In case of One person company registration, nominees must be of India resident, KYC of All Directors, Promotor, Member & nominee if any, Address Proof of Proposed Place of business
Thecompany registration process in India
The first step of company incorporation is to scrutinize and verify the necessary documents and details. In the next step, we proceed with DSC preparation and verification. In the meantime, necessary drafts documents are sent to the applicant for signature. Once All the documents and DSC are done then we proceed for submission of the final form to the respective department. Department usually takes 3 - 4 working days for approval, if no deficiency is found.
RENEWAL & RECURRING
IT WILL CREATE RECURRING RESPONSIBILITY After business registration it is your mandatory responsibility to inform the government about your business progress and status at regular intervals, i.e monthly, quality, half-yearly, and annually as the case may be.
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