Fulfilling the Legal Requirements for India Company Registration is Necessary
Investors always look for an easier process that involves fairly less paperwork and time to register a company. India company registration is now more straightforward than ever. The Ministry of Corporate Affairs has made it that one can register a company online following the stipulated rules.
But if you’re an aspiring investor and have limited time to go through the process, you can seek the services of 3E Accounting. A leading international service provider with footprints originating from Singapore, 3E Accounting will offer you services ranging from:
- Business permit renewal
- Accounting and auditing services
- Company incorporation services
- Corporate secretarial and human resource services
You don’t have to worry about registering a company in India with 3E Accounting at your disposal.
You don’t have to visit the registration office when you want to register your company. In fact, you can now contact 3E ACcounting and we will do the rest for you. 3E Accounting will help you to get a legal license for your company. Under this process, there are four key steps to follow:
- Acquisition of a Digital Signature Certificate (DSC)
- Application of Director Identification Number (DIN)
- Filing an eForm/New user registration
- Company incorporation
Incorporation Steps to Follow
When it comes to India company registration, the process begins with each director acquiring an identification number. Based on the Company’s Act, the directors need to file an eForm (DIN-1) which is available on the official Ministry of Corporate Affairs.
Now the authenticity of your documents can only be so when you have an official digital signature on the documents before electronic submission. Further, the law requires that the acquisition of the digital signature obtained from those agencies appointed by the Controller of Certification Agencies (CCA). After acquiring the digital signature, the next step is creating an account on MCA portal for filing an eForm. Fortunately, the creation of an account is free of charge and you only need to click on the register link.
After registering as a new user, you can now establish your business. Before you go further, you must have several available business names. The good news is that the moment you apply for a business name the MCA will propose four different kinds of your business name. You can then go ahead and choose from the list. This means you’ll have to fill Form-1A and submit. Alongside these forms, you’ll also fill up Form-18 and Form-32 to notify the new company’s registered office and appointment of new directors, managers, and secretary respectively.
Other Details Pertaining to Business Formation
As part of India company registration, Form-1A should be registered with the Registrar of Companies (ROC) to ascertain the Registered Office of the proposed company. The nominal administration fees payable is Rs500.
Now if you’re registering for foreign trade, then you must register your documents of import/export code with the Director General of Foreign Trade. The Company Act in India requires you to obtain a TAN card and a Permanent account number with the India income tax department.
Grab and embrace the chance presented by 3E Accounting and register your company hassle free. Contact us for more information.