How to Register a Company in India
How to Register a Company in India
When a business is started, it becomes imperative to get it registered. Not only does it give a legal standing to the company but also makes it eligible for various tax benefits. Furthermore, it is highly unlikely that investors will fund an unregistered start-up. Therefore, the process of How to Register a Company in India should be followed at all costs.
The process of company registration in India has largely shifted online. As a result, it is not necessary for the stakeholders to be physically present while carrying out the legalities of the process. Instead, scanned and self-attested documents can be submitted through the MCA portal or email.
Before initiating the process, the founders must understand the various types of business structures and their implications. This will help them choose the right entity type for their business. Some of the most common entities include a sole proprietorship, private limited company, public limited company and limited liability partnership.
The directors must obtain a DIN and DSC before filing forms with the Registrar of Company. The DIN and DSC must be used to file online with the MCA portal as well as sign digital documents like the e-MOA and e-AOA. Moreover, the subscribers and witnesses of the MOA and AOA must also have a DSC to sign these documents.
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