Thinking of Registering Your Company? Here’s How to Do It

Registering a company in India is a mandatory provision enshrined under the Companies Act, 2013. The Act defines a company as an association that is an artificial but lawful person having an independent legal identity and registered under the Companies Act of the specific country. Since registration is mandatory, how to register a company in India. 

Registering a company in India 

Irrespective of the type of company, a private limited company, a public limited company, a limited liability partnership, or sole proprietorship, you can consider online lawyer consultation and registration in India. 

Procedure for registration in India

The Ministry of Corporate affairs promotes the swift registration process which is mostly done through an online mode. 

• Reserving Company name 

Before registering a company, the company name has to be reserved. For doing so, a simple online service known as RUN is used. The application for reserving the company name is processed by the Central Registration Center under Non-Straight-through Processing mode. The registration fee is INR 1000. 

• Draft the e-MOA and e-AOA

These documents define the internal and external association between the company and its stakeholders. Both of the documents must be professionally drafted and submitted along with the subscriber's sheet. 

• Obtain a DSC (Digital Signature Certificate)

The Company members involved in the incorporation of the company need to obtain a DSC. It is mandatory for promoters or first subscribers who need to sign the e-AOA and e-MOA. The documents needed for DSC are: 

1. Passport size photograph 
2. Self-attested address proof and 
3. A copy of the PAN card (self-attested). 

The director would need to have a DSC to obtain a DIN. 

• Obtain a DIN (Director Identification Number) 

Obtaining a DIN is a mandatory procedure for all company directors and the documents needed for its registration are: 

1. Passport photograph 
2. Self-attested copy of PAN card
3. Self-respect address proof
4. The DSC of the director. 

• Registration application forms

For incorporation of the company the form: SPICe-32:Application for company incorporation, must be filed along with the following documents: 

1. e-MOA and e-AOA with the subscriber's sheet
2. INC-9 declaration and affidavit by the directors and first subscribers of the company
3. Address proof of the company.
4. Utility bills of the registered company. 
5. Form DIR-2 (Director's consent) 

Whether it is a private limited company, public limited company, partnership, or sole proprietorship, online lawyer consultation and registration is similar for all. 

Conclusion 

This article covers the basics of how to register a company in India, online. Even though the process of registering a company is made simple by MCA, it is always advisable to take the help of a professional to avoid any errors. For this procedure, experience goes a long way and they can be of great help in guiding you all the way.

FAQs

What does registration of a company mean?

When a company is incorporated and given legal status under the Indian Companies Act, 2013, the procedure is known as registration of the company. 

To whom must the DIN number be intimidated?

The DIN numbers of the company directors need to be intimated to the Ministry of Corporate Affairs in the incorporation forms. 

What is a MOA?

The MOA, also called the memorandum of association and AOA, known as the article of association, are important documents for company registration.