Want to establish your company in India but stressed about the challenging process of company registration? Don't worry! In today's digital era, setting up a company in India has become very simple with the help of online registration. Here we will discuss about the process of company registration in India into easy-to-follow steps.
Steps Involved in Online Company Registration Process in India
- Prepare and Collect Documents: Before jumping into the company registration process you have to start by gathering necessary documents including IDs, address proofs, PAN cards of directors and shareholders, and also the proofs of the registered office address.
- Obtain Digital Signature Certificates (DSC): All the directors must have to obtain digital signatures from authorized agencies to validate the electronic documents securely.
- Apply for Director Identification Number (DIN): Each director requires a unique DIN. So you have to apply for DIN by filling out Form DIR-3 on the Ministry of Corporate Affairs (MCA) portal.
- Reserve Your Company Name: After that you have to select a unique name for your company as per the naming regulations and must reserve it via RUN (Reserve Unique Name) service on the MCA portal.
- Complete Incorporation Formalities: Then, you have to proceed with incorporation by submitting all the essential documents including MOA, AOA, and Form SPICe, that consists of the essential company details electronically.
- Pay Registration Fees: You have to pay the registration fees online via MCA portal, and the fees may vary on the basis of the company's authorized capital.
- Verification and Approval: After the successful verification & approval of your documents, you will receive the Certificate of Incorporation by ROC i.e. Registrar of Companies, marking your company's official establishment.
- Post-Incorporation Compliance: You should have to fulfill the post-registration obligations that include obtaining PAN, TAN, and GST registration, ensuring legal compliance.
Conclusion
Online company registration in India offers a straightforward pathway to entrepreneurship. You can start your business journey confidently, and utilizes the convenience of digital platforms to bring your vision to life by following the above mentioned steps.
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