Company Registration India



The present business structures available in India are proprietorship concerns, partnership firms and Limited company.  Compare to other structures, limited company have many advantages including shareholders limited liability for business debts and obligations, perpetual succession and may more. Company Registration in India is regulated by Companies Act.  Office of Registrar of Companies (ROC) in each State, register companies on filing of incorporation documents subject to company law.
Basic Requirements
Minimum requirements for registering a private limited company are two promoters/first shareholders, two directors having DIN (Director Identification Number), digital signature for one of the promoter & director. In case of public company, seven promoters/first shareholders, three directors having DIN are the minimum requirements. Minimum capital for a private limited company is INR 100000 and public company is INR 500000.  Any proposed director does not have a DIN, before filing registration documents, an application for obtaining DIN shall be filed with Ministry of Corporate Affairs. 
Name Availability
Company registration in India starts with filing of an application for name availability. The chosen name for a company should be unique across India. Usually in a day or two, concerned ROC approves name if the applied name is not similar to the name of an existing company and the proposed name is in accordance with the Name Availability Guidelines issued by the Ministry of Corporate Affairs (MCA).
Company Registration
Once the name is approved, Memorandum of Association (MOA) and Articles of Association (AOA) are drafted. On finalizing the MOA and AOA, these documents shall be subscribed/executed (by own hand and signature) by promoters/first shareholders for filing with ROC electronically. Along with these documents, Form 32 (details of directors) and Form 18 (address of registered office) are also filed. ROC of the respective State will scrutinize the incorporation documents and if the document found in order, the Company will be registered. Upon registration of the company, ROC will issue the Certificate of Incorporation and the company is ready for commercial operation. If the company is a public company, Certificate of Commencement of Business is to be obtained before commencing any commercial activity in the company. 

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