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5 Steps you cannot miss out in Company Registration

For establishing a business or a company in India, must know that its registration is mandatory for all the newcomers and startups. Doing so will give a brand value to your company and builds trust in the mind of the customer. If you want a great level of goodwill then apply for Online Company Registration today itself. But before moving on the to registration step. You must follow 5 important steps which are stepping stone for the success of your company.

STEP 1: Choose the type of business structure you want to establish

For New Company Registration or Firm Registration, you must in prior you must select the types of business you want to set up. There are various can of a business structure has its qualities that are:
a) Private Limited Company (Most Common)
b) Limited Liability Partnership
c)Sole proprietorship
d) One-person Company (Newly available)
e) Nidhi company
f) Section 8 Company 
They are the most common companies you can plan to establish. All of them are registered under the guidelines of MCA. After you choose the company structure must apply for DSC & DIN.

STEP 2: Apply for DSC and DIN Number

DSC stands for Digital Signature Certificate and DIN is Directors Identification Number. They both are mandatory for filling the online company registration forms. DIN number is provided by the MCA (Ministry of Corporate Affairs). Both of them are needed for filling the forms like Spice plus form (Newly introduced and replaced spice form), DIR-6, and DIR-3. If you already have them then you jump to step 3 from Step 1 directly.

STEP 3: Getting Approval for Company Name

When you establish a company, another ground level step is choosing a company. The name should be unique (note registered before) and not harming any religion, abusive word, or language. Adding suffix is important like for Limited Liability Partnership uses the suffix "LLP. For name approval RUN web service of MCA is provided, it’s part of spice+ form.

STEP4: Uploading and submitting all documents online

After name selection, you must focus on completing-MOA and E- AOA document along with all the additional documents like ID & Address proof of directors, Address proof of registered office. When you submit all forms online wait for getting approval from ROC (Registrar of Companies) for incorporation certificate which will be delivered in 10-15 working days.

STEP 5: Certificate of Incorporation with PAN, TAN & BANK Account opening of the company

When ROC approves your company registration application you will get an incorporation certificate via mail. A CIN number will be sent to your registered online number and mail. Also, the Bank account opening service with PAN & TAN numbers of the company.

The Bottom Line

For Company Registration in India, you must follow up on these 5 steps mentioned above. You can get this Online CA Service with LegalPillers. It’s a leading platform for all types of Online Company Registration in India, services at most affordable rates. " Start your company hassle-free".

Related Blog-
DOCUMENTS REQUIRED FOR COMPANY REGISTRATION IN INDIA
STEPS INVOLVED IN COMPANY REGISTRATION PROCESS
Company Registration in Delhi : Benefits, Procedure and Documents Required
Types of Company RegistrIndia for startups


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