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If you are willing to register to start or a new company in India you will need to record it in official Indian records i.e. Ministry of Corporate Affairs (MCA). One does not need to visit a business office to register as it can be done while sitting at home. Registration includes a Digital Signing Certificate (DSC), ID number (DIN), and completing forms. This how you can do incorporate a new company. So, in this article, we are going to discuss all regarding incorporate a new company.
About the Companies Act, 2013 LEGALPILLERS.COM
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The Companies Act, 2013 passed by parliament has received the approval of the President of India on August 29, 2013. The law incorporates and amends the corporate law. The Companies Act, 2013 was announced in the official gazette on August 30, 2013. Some provisions of this Act were made by notice published on September 12, 2013. The provisions of the Companies Act, 1956 still apply.
How to incorporate a new company in India? To incorporate a new company you have to make an Online Company Registration. The Company registration is a process in which a business structure is being registered under the companies’ act 2013 to get legal existence in the marketplace. So, there are various types of company structures. Let’s discuss a few of the popular company structure them in detail:
OPC Company: OPC or individual company is a new category of the company established to encourage startups and young entrepreneurs where one person can enter the business. It also promotes a sense of corporate cohesion. It should be noted that it is not unique to a company with only its affiliates, in the way the OPC
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has split the legal and limited liability. This new company registration type.
Private company A private company is one in which two or more persons register a company under the Companies Act. Such a company’s security is not listed on a known stock exchange, and will not be able to invite the public to sign up for a share/share sale. Members of a private company are limited in the transfer of shares. The maximum 200 number of members in a private limited company is required. The most popular type of Online Company Registration.
Public Company A company formed by a small number of seven members with a legal entity is called a public company. Its securities are listed on known stocks, and its shares are freely transferred. In addition, there is no limit to the maximum number of members in such a company. A public company subsidy is also considered a public company.
Section 8 Company A company built for a donation item, i.e. promoting trade, science, sports, arts, research, education, sociology, ecology, etc. It falls under the category of Section 8 Company. These LEGALPILLERS.COM
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companies are licensed by the Central Government. In addition, they use the money they earned as profit to increase the item. And thus, the dividing of members is unpaid.
LLP Company Limited credit rating is a partnership where some or all of the credit partners are limited. It can, therefore, reflect the elements of partnerships and companies. In the LLP, each partner is not guilty or not guilty of the other party’s misconduct or negligence.
Nidhi company Nidhi Company is a type of company in the Indian nonbanking sector. It is recognized under section 406 of the Companies Act, 2013. Their important businesses lend and lend money to their members. Also known as the Permanent Fund, Funds Funds, Mutual Benefit Funds, and Mutual Benefit Company.
Partnership firm registration A partnership firm registration is one of the most important means of a business organization. Firm registration requires two or more people come together to do business and divide its profits at an agreed rate. Partnerships are easy to build, and compliance is very low compared to companies. LEGALPILLERS.COM
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After knowing the type of Online Company Registration in India. You must understand how to register a company.
How to register a company? 4 major steps to new company registration are:
Step 1: Obtain a Digital Signing Certificate (DSC). For filling online documents you require digital signatures on documents submitted in the electronic form. To ensure the security and authenticity of electronic documents.
Step 2: Obtain an administrator ID number (DIN).The concept of Director-General Identification Number (DIN) is introduced in terms of section 266A in the Companies Act 266G (Amendment) Act, 2006.
Step 3: Create an account in the MCA portal- New User Registration @ mca.gov.in
Step 4: Add or Apply for a company registration
So, to understand the procedure of online company registration, you may hire ca online. This will beneficial for you and helps you in understanding all the documentation of new company registration.
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What are the documents required to incorporate a new company? After knowing how to register a company, you must know which documents are must incorporate a new company:
Copy of PAN Card of directors
Passport size photograph of directors
Aadhaar Card/ Voter identity card of directors
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers(If owned property)
Landlord NOC (Format will be provided)
Phone number and email-id
Benefits of new company registration Company registration offers many benefits. A licensed the company makes it a reality and improves business loyalty.
It protects to protect a person’s obligation, and it protects against other threats and losses. LEGALPILLERS.COM
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He builds good and supports attracting more buyers
It gives consumers reliable banking and easy investment.
Provides cover for the protection of company property.
Great commitment to great wealth and resilience.
It increases the potential for significant development and growth
For a detailed understanding of the services for acquiring a company registration hire ca online.
Updates as on 20th May 2020 for Online Company Registration: MCA has extended the 20-day time deadline to submit Part B of SPICe+ for name reservation by newly established companies until 20th June 2020, for names expiring any day between 15th March 2020 to 31st May 2020. Also, MCA has extended the RSUB validity of those Service Request Number (SRN) whose the ending date for resubmission terminates within 15th March 2020 and 3rd May 2020 until 15th June 2020, excluding those marked as ‘Not to be taken on Record’ (NTBR) that will be reached only on a case-to-case basis.
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Legalpillers is a great online portal for online company registration, you can hire ca online anytime with us. We have all the company structure registration facilities. Get exclusive offers and budgeted services.
FAQ How can I incorporate a new company in India? To incorporate a new company in India, you have to follow some steps: Step 1: Get DSC for Directors Step 2: Get DIN for Directors Step 3: Apply for Name approval Application Step 4: Get an Application for Certificate of Incorporation For more details, you can Hire CA Online with Legalpillers. A perfect portal for online company registration. How do I incorporate my business with MCA? Steps to be taken to incorporate business with MCA is to apply to the concerned RoC (registrar of companies) to determine the
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availability of name in eForm1 A by logging in to the online portal. Legalpillers, can help you in incorporating your business. How long does it take to incorporate a company in India? The simple company structure can take about 5–7 days to incorporate a company in India. Legapillers will help to incorporate the company in 5 days only apply today. What documents do you need to set up a company? The document required for the incorporation of a company are:
The ID Proof and Address proof of all the directors and shareholders.
PAN Card of all the directors and shareholders.
Utility Bill of the Registered office
NOC certificate from the landlord of your registered office.
DSC of the directors.
DIN of all the directors.
MOA & AOA
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The most important documents are the mobile number and email ID. Legalpillers will simplify all the documentation for online company registration. How much does it cost to incorporate a company in India? The cost to incorporate a company in India starts at Rs.2,500. How do I start a business? To start a business, Do Research, make a Plan, decide the budget, and apply for online company registration. Legapilllers can help you in company registration procedures and documentation. Submit every form on the MCA website and gives your company incorporation certificate in 5–7 days. How can I incorporate my business online in India? You can incorporate your business online in India by hiring an online ca or take online ca services. Legalpillers is on the online legal service provider and helps in company registration for you. Is LLP better than Pvt Ltd? Both the LLP and Pvt Ltd company structures are best. It all depends on the applicant’s requirements. LLP is simple to begin and run. The process has fewer formalities. Private Limited is LEGALPILLERS.COM
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popular in registration because it can be incorporated with 2 to 200 members. For more details log into the website LegalPillers. How to Register a Company? To register your company, you need to log in to the MCA Portal and apply now. Please contact LegalPillers to understand all procedures and documentation for online company registration. How can I start a firm in India? You can start a firm in India, by making firm registration online with ROF that is the registrar of the firms. Take the assistance of legailpillers in firm registration. How do you start a firm? You can start by following the procedure and documentation for online registration. Legalpiller can provide the best advice and consultants for your company’s startups.
Source- https://medium.com/@legallegalpillersindia/incorporate-a-new-company-f8a44b39f2a0
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