How to Register a Company in India
How to Register a Company in India
Incorporating a business as a company is a more complex business structure that comes with higher set-up and administrative costs. It also has extra reporting requirements and higher-level legal obligations. However, it offers entrepreneurs a way to limit their personal liability and provide for future growth.
Once incorporated, the company will need to file annual returns with the Ministry ofCorporate Affairs (MCA). These filings consist of Form MGT-7 and Form AOC-4. Once filed, the MCA will issue a company incorporation certificate to the company.
Before you register your company, it's important to have a clear understanding of the different types of companies available in India. You'll need to choose a business type that fits your company's goals and objectives. Additionally, you'll need to consider the statutory regulations and compliances associated with each type of company.
The first step in the registration process is to choose a name for your company. You'll need to check online to see if the name you want is available. Once you've chosen a name, you'll need to file it online for vetting by the ROC. After your name is approved, you'll need to print the MOA and AOA and have them notarized.
Once you have the notarized documents, you'll need to submit them to the MCA along with the application fee. You'll also need to open a bank account in the company name and get a PAN and TAN number.
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