Company Registration in India - Simplified Overview
Registering a public limited company allows your business to sell shares to the public. You pick a unique name, complete the necessary paperwork, and decide how much money you want to raise by selling shares. You also share financial information with potential investors. Once approved, you can sell shares and trade them on a stock exchange. It’s a good idea to get expert help to make sure you follow all the rules.
Why Choose Company Registartion in India?
A public limited company is a type of business where anyone can buy and sell shares on the stock market. There are several benefits of having a public limited company:
- t can raise money by selling shares, which helps it grow and innovate.
- Being publicly listed increases the company’s visibility.
- Sharing information openly can help attract partners and make customers trust the company more.
- Being on the stock market gives the company a sense of importance and credibility.
How to Register a Company Online? - Step-by-Step Guide
Registering a public limited company in India involves these steps:
1. Name Approval: Choose a unique name for your company and get it approved from the Ministry of Corporate Affairs (MCA) using the RUN (Reserve Unique Name) service.
2. Director Identification Number (DIN): All directors must get a Director Identification Number (DIN) from the MCA by filing Form DIR-3.
3. Digital Signature Certificate (DSC): Get Digital Signature Certificates for all directors, which are needed for electronic filings with the MCA.
4. MOA and AOA: Draft the Memorandum of Association (MOA) and Articles of Association (AOA) to outline the company’s objectives and management rules.
5. Company Registration: Apply for company registration through Form SPICe, including the MOA, AOA, and other required documents.
6. Payment of Fees: Pay the necessary registration fees online via the MCA portal.
7. PAN and TAN: Apply for the company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN), which can be done during registration.
8. Certificate of Incorporation: Once approved, you will receive a Certificate of Incorporation from the Registrar of Companies (RoC), confirming that your company is officially registered.
9. Commencement of Business: To start business, file a declaration of commencement within 180 days of getting the Certificate of Incorporation.
10. Post-Incorporation Compliance: After registration, comply with regulations like appointing auditors, opening a bank account, issuing shares, and filing annual returns and financial statements with the RoC.
