How to check company registration in India

Online Company Registration in India

 

Company registration is the most important part of the new startup. Private limited company is one of the extremely recommended ways to start a business. This type of company provides limited liability for its shareholders with some restrictions imposed on ownership. A Limited Liability Partnership has partners who own and manage the business. Whereas in private limited company registration, directors may differ from shareholders.

Corpibz is a leading legal advisor providing instant company registration service in India with three simple steps.

• Register your directors with MCA (Ministry of Corporate Affairs)

• Get guidance on choosing the right company name

• Draft your company's constitution (MoA and AoA)

A Certificate of Incorporation (COI) with PAN and TAN, can get approval after the company registration process. You can officially open a current bank account with a certificate of incorporation and start your business operations.

Choose the Company Registration Benefits

 

Registering a company brings many benefits. A registered company makes it real and enhances the authenticity of your business.

• Prevents personal liability from yield and other risks and losses.

• Attracts more customers

• Easily obtains bank credit and good investment from reliable investors.

• Provides liability protection to protect your company's assets

• Greater capital contribution and more stability

• Increases ability to grow and expand

• You will also, get a zero balance current account - operated by DBS Bank

Company Registration checklist in India

 

According to the law in the Company Act, 2003 in order for any company to be registered in India, the below conditions have to be met.

TWO DIRECTORS:

A private limited company must have at least two directors and at the most, directors in the business may have 15. At least one must be a resident of India.

UNIQUE NAME

Your business name must be unique. The suggested name should not match any existing company or trademark in India.

MINIMUM CAPITAL CONTRIBUTION:

There is no bare minimum capital amount for a company. A company should have an official capital of at least Rs. 1 lakh.

REGISTERED OFFICE:

It is not necessary to have commercial space in the registered office of a company. Even a rented house can be a registered office, so until an NoC is received from the landlord.

How to online company registration? - A complete registration process

 

Company registration in India will boost the progress of startups and provide an additional edge to those who have not registered. The Ministry of Corporate Affairs regulates the company registration process with rules and regulations made in accordance with the law.

Step 1: Application for DSC (Digital Signature Certificate).

Step 2: Apply for the DIN (Director Identification Number)

Step 3: Application for the name availability.

Step 4: Filing of the EMoa and EAOA to register private limited company

Step 5: Apply for the PAN and TAN of the company

Step 6: Issued certificate of incorporation by RoC with PAN and TAN

Step 7: Opening a present bank account on company name

If you are planning to start a company registration in India, the first and most important step is to establish the legal presence of your company registration in India by registering your business as per the applicable provisions of the Companies Act, 2013.

As a startup, you have various options to engage your business such as sole proprietorship, partnership firm, and public limited company, Limited Liability Partnership, One Person Company registration. It is compulsory to register your business before starting any business. The first step is to choose your business type among the different types of business structures available in India. So if you are interested in this extra information click on this link and plz comments on this blog.