How to Register a Company in India: The Ultimate Step by Step Guide [Infographic]
Registering a company in India can be a daunting task, but with the right guidance, it can be a smooth process. Here is a step-by-step guide to help you navigate through the process effortlessly:
1. Choose a Business Structure: Decide on the type of legal entity you want to register - Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company, or Public Limited Company.
2. Obtain Digital Signature Certificate (DSC): All proposed directors of the company must obtain a DSC for signing the incorporation documents.
3. Director Identification Number (DIN): Apply for DIN for all the proposed directors of the company.
4. Name Approval: Apply for the desired company name to the Ministry of Corporate Affairs (MCA).
5. Incorporation Application: Submit the required documents such as Memorandum of Association (MOA) and Articles of Association (AOA) to the MCA for incorporation.
6. Certificate of Incorporation: Once all documents are verified, the Registrar of Companies will issue a Certificate of Incorporation.
7. Apply for PAN and TAN: Obtain Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the newly incorporated company.
8. Bank Account: Open a bank account in the name of the company and deposit the minimum required share capital.
9. GST Registration: If applicable, register for Goods and Services Tax (GST) with the GST authorities.
10. Compliance: Ensure compliance with all post-incorporation requirements such as statutory audit, annual filings, and other regulatory obligations.
By following these steps diligently and seeking professional assistance when needed, you can successfully register your company in India and embark on your entrepreneurial journey.
Registering a company in India can be a daunting task, but with the right guidance, it can be a smooth process. Here is a step-by-step guide to help you navigate through the process effortlessly:
1. Choose a Business Structure: Decide on the type of legal entity you want to register - Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company, or Public Limited Company.
2. Obtain Digital Signature Certificate (DSC): All proposed directors of the company must obtain a DSC for signing the incorporation documents.
3. Director Identification Number (DIN): Apply for DIN for all the proposed directors of the company.
4. Name Approval: Apply for the desired company name to the Ministry of Corporate Affairs (MCA).
5. Incorporation Application: Submit the required documents such as Memorandum of Association (MOA) and Articles of Association (AOA) to the MCA for incorporation.
6. Certificate of Incorporation: Once all documents are verified, the Registrar of Companies will issue a Certificate of Incorporation.
7. Apply for PAN and TAN: Obtain Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the newly incorporated company.
8. Bank Account: Open a bank account in the name of the company and deposit the minimum required share capital.
9. GST Registration: If applicable, register for Goods and Services Tax (GST) with the GST authorities.
10. Compliance: Ensure compliance with all post-incorporation requirements such as statutory audit, annual filings, and other regulatory obligations.
By following these steps diligently and seeking professional assistance when needed, you can successfully register your company in India and embark on your entrepreneurial journey.