company registration process

Company Registration Process

Company Registration Process

Forming a Company in India

The Companies Act of 1956 sets down rules for the establishment of both public and private companies. The most commonly used corporate form is the limited company, unlimited companies being relatively uncommon.

A company is formed by registering the Memorandum and Articles of Association with the State Registrar of Companies of the state, where the location of the main office is concerned.

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Forming a Company in India

We understand and appreciate that setting up of a Company is a lifetime decision of an entrepreneur and requires in-depth strategic, business and legal considerations. Each and every single individual wants to run a business, in which he can be the sole dictator of his works Schedules and pressures.

Our dedicated team assists you in company registration services, incorporating your business in a simple and economical way.


Steps for Company Formation

Step 1: Obtaining Director Identification Number (DIN) - Completed on Day 1.

Step 2: Obtaining Digital Signature for one of the Directors of the Proposed Company -Completed on Day 1.


Steps for Company Formation

Step 3: Application for Name Availability and Obtaining the Name of the Proposed Company - Completed on Day 4

Step 4: Drafting, Stamping of Memorandum of Association and Articles of Association for the Company and filing with Registrar of Companies - Completed on Day 7.


http://www.vramaratnam.comProcedure for Registration of the Company

Procedure for Registration of the Company

Acquire Director Identification Number (DIN) by filling Form DIN-1.

2) Acquire Digital Signature Certificate. This certificate can be acquired from any one of the six private bureaus sanctioned by MCA 21.

3) To attain name of the Company, Form No. 1A should be filled citing the address of the Registered Office of the projected firm along with the signature of one of the promoters.

4) The documents should be signed by the firms promoters after the MOA and AOA have been stamped.

5) Attain the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs.



6) Make a seal (applicable for the Private Limited Companies). Making a company seal is not a legal obligation for the firm to be integrated, but firms require a seal to deliver share certificates and other certificates.

7) Attain a Permanent Account Number (PAN) from National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd.

8) Enroll with the Office of Inspector, Shops and Establishment Act (State/Municipal) 9) Register the company for Value-Added Tax (VAT) at the Commercial Tax Office (State).



Registration of VAT requires filling up of a prescribed Form along with the following documents:

Memorandum of Association;Articles of Association;A declaration in Form 1 by a person named in the articles of the proposed company As a director, manager, or secretary of the enterprise.Form 32 for an appointment of Directors with their consent letters.Form 18 provides information about the registered office.


Conclusion

Handling the correct requirements of companies under right administration enhances the upliftment of the companys progress. Companys formation should provide the best comprehensive array of professional services in both public and private sectors.


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company registration process

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