Steps to Get New Company Registration in India
New company registration in India is an online process taken under the guidance of the ministry of corporate affairs. For new startups, new company registration is strongly recommended due to access to a venture fund and ease of various operations necessary for the company.
In this blog, we will tell you about the seven easy steps you can follow to get a new company registration in India:
STEP 1: Opt the Right Business Structure:
For registering a company it is very important to choose the right business structure, keeping in mind all your needs and shares.
· One Person Company: In case you are not willing to share the ownership of your business, you can go for OPC or one person company registration. By registering under OPC you will get almost all the benefits as provided to a private limited company.
· Private Limited Company: in India, a private limited company is the most popular business structure out of all the business structures. Most of the startups run towards the Private Limited company registration. It has various benefits including easy venture capital fund.
· Limited Liability Partnership (LLP): LLP registration is the most pocket-friendly registration in terms of legal compliances and capital annual returns, suitable for professions like lawyers, consultants advisors etc.
STEP 2: Choose a Legal Name and the Brand Name for Your Company:
Once you are done with opting a suitable business structure for your company next step you need to follow is to finalize a company’s legal name and a brand name in consultation with your CA or CS.
STEP 3: Appoint a CA or CS:
Always prefer a CA for your company who has a long term vision and is willing to work with you for the long term. It is very important that the CA you have hired is able to understand your business well so you can grow well.
STEP 4: Digital Signature Certificate (DSC):
It is mandatory that all the directors of the corresponding company must have a digital signature that can be used further to file the new company registration form online. It is also used to sign the ROC compliance e-forms and many more.
STEP 5: Name Approval of the Company:
Get your company’s name approved by filing the RUN form. If you choose our legal advisors for your new company registration we ensure you to file the Name Approval Form in the two working days.
STEP 6: Submission of the final incorporation forms with the Memorandum of Association (MOA) and Article of Association (AOA):
After completing all the above-given steps, you will need a KYC, address proof and photographs of all the directors of the respective company. If you choose us, our team will submit the Spice e-form to the Ministry of Corporate Affairs (MCA) in the upcoming 3 days and the company will get its registration certificate along with the PAN and TAN in 5 working days.
STEP 7: Bank Account and GST Registration:
Now you are ready to launch your startup business by opening a bank account and GST registration for your company.
You can trust our Enterslice advisors for your new company registration. We have a team of well proficient and skilled CA and CS who can help you in easy and fast registration within very nominal charges. For more information regarding registration, you can contact us at info@enterslice.com.
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