How to Register a Trading Company in India

How to Register a Trading Company in India


How to register a Trading company in India is the question that many investors often ask. Trading companies are those which work with a wide range of products that can be sold to various types of customers and businesses for consumer or commercial purposes. Historically, trading companies have been highly specialized in one or more categories of goods and have had strong logistic organizations. However, changes in practical conditions and faster distribution methods have led to a greater variation of business models.

One of the main advantages of a trading company is that it can offer multiple products for its clients, thus making it possible to buy more in one go than when dealing directly with a factory. However, a downside of this is that these companies don't necessarily have a very high level of control over the manufacturing process or quality of goods. They also may be reluctant to report issues or defects in the products they sell out of fear of losing future business with their clients.

Those interested in opening a trading company will first need to fill out an online document called e-form 1 and submit it with the Registrar of Companies (RoC). Once this is done, the RoC assigns the trading company a unique 21-digit Corporate Identity Number.

 

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