Registration is process by which a company files the required documents with the Securities and Exchange Commission (SEC), detailing the particulars of a proposed public offering.
How to Register a Company in India - Step-by-Step Guide
1. Company Registration in India
Introduction:
Registration is process by which a company files the required documents with
the Securities and Exchange Commission (SEC), detailing the particulars of a
proposed public offering.
A company issuing shares must reveal detailed information about its business
during the registration process, which includes
• description of its business and assets,
• description of the security being offered and details of the offering,
• description and names of the company's management, financial statements,
which have been certified by an accountant, working independently of the
company.
2. Procedure for registration of a company
• Acquire director identification number (DIN) by filing form DIN-1.
• Acquire digital signature certificate which can be obtained from anyone of the six
private bureaus sanctioned by MCA 21.
• To attain name of the company Form No. 1 a should be filled citing the address of
the registered office along with the promoters signature.
• The documents should be signed by the firm’s promoters after the MOA and AOA
have been stamped.
• Attain the Certificate of Incorporation from the Registrar of Companies, Ministry of
Corporate Affairs.
• Making a company seal.
3. • Attain a permanent account number (PAN) from National Securities
Depository Ltd. (NSDL)
• Enrol with the Office of Inspector, shops and establishment act
Documents required for Goods and Services Tax (GST) registration
• Documents required for Sole Proprietorship / Individual
• PAN card, aadhar card, and a photograph of the sole proprietor
• Bank account details- a copy of cancelled cheque or bank statement
Address proof of office:-
Own office – Copy of electricity bill/landline bill/water bill
Rented office – Rent agreement and No objection certificate (NOC) from the
owner
4. Documents required for Partnership deed/LLP Agreement
• PAN card, Photograph and aadhar card of all partners
• Bank details- a copy of cancelled cheque or bank statement
• Address proof of Principal place of business and additional place of business
:
–Own office – Copy of electricity bill/landline bill/ water bill/ municipal khata
copy/ property tax receipt
–Rented office – Rent agreement and No objection certificate (NOC) from the
owner
• In case of LLP- Copy of board resolution, Registration Certificate of the LLP
Proof of appointment of authorized signatory- letter of authorization
Documents required for Private limited / Public limited / One person
company
• PAN card of the company
5. • Registration Certificate of the company
• Memorandum of Association (MOA) /Articles of Association (AOA)
• PAN card, photograph and aadhar card of all Directors
• Bank details- a copy of cancelled cheque or bank statement
• Address proof of Principal place of business and additional place of
business:-
Own office – Copy of electricity bill/landline bill/ water bill/ municipal khata copy/
property tax receipt
Rented office – Rent agreement and No objection certificate (NOC) from the
owner
6. • Proof of appointment of authorized signatory- letter of authorization
Documents required for HUF (Hindu undivided family)
• PAN card of HUF
• Photograph, Pan Card and aadhar card of Karta
• Address proof of Principal place of business and additional place of business
:
Own office – Copy of electricity bill/landline bill/ water bill/ municipal khata copy/
property tax receipt
Rented office – Rent agreement and No objection certificate (NOC) from the
owner.
• Bank details- a copy of cancelled cheque or bank statement
7. Documents required for Society or Trust or Club
• Pan Card of society/Trust/Club
• Registration Certificated
• Photo and PAN Card of Promotor/ Partners
• Bank details- a copy of cancelled cheque or bank statement
• Address proof of registered office :
Own office – Copy of electricity bill/landline bill/ water bill/ municipal khata
copy/ property tax receipt
Rented office – Rent agreement and No objection certificate (NOC) from the
owner
• Proof of appointment of authorized signatory- letter of authorization
8. Types of companies
-OPC
• single person can start a company.
• The minimum number of director required in case OPC is only one.
• NRI or foreign nationals cannot participate in one person company.
9. • Private limited company
A private company is a firm held under private ownership. Private companies
may issue stock and have shareholders, but their shares do not trade on public
exchanges and are not issued through an initial public offering (IPO).
There are four main types of private companies: sole proprietorships, limited
liability corporations, S corporations and C corporations
10. Types
-Sole proprietorships
• Simple and least expensive business structure to establish
• Complete control over all decisions- you are responsible for success and
failure of your business.
12. S Corporations and C corporations
• S corporations can have no more than 100 shareholders and are not taxed on
their profits.
• C corporations can have an unlimited number of shareholders but are subject
to double taxation.
13. Partnership company
In partnership company two or more parties to jointly manage and operate
a company and the profits and losses of the business is shared by the owners.