Wednesday, March 7, 2012

How to form a new Company?


The following are the the basic requirements or steps for formation of a limited company in India:
  1. 2 persons as Shareholders or Promoters required.
  2. The 2 Individuals are to be appointed as Directors of the company. Both of them should have a valid Directors Identification Number (DIN) Allotted by the Ministry of Corporate Affairs, Govt of India (MCA)
  3. One of the directors appointed should have a valid Digital Signature issued by Certifying Authorities of India.
  4. A unique name needs to be selected. You would need check whether the name is available from the MCA site. The company name will be approved by the MCA.
  5. An Address to be identified for the situation of Registered office of the company.
  6. Memorandum of Association and Articles of Association of the company to be finalized in line with provisions of the Act and to be subscribed by the promoter or shareholders.
  7. Required Forms are to be submitted to MCA with Memorandum of Association / Articles of Association along with required registration fees.
  8. On registration of the company, the Registrar of Companies of respective state will issue the Certificate of Incorporation.

Whom to contact?

Many Company Formation Agents are available in India who can help you in setting up a new company. A well known company in India is CompaniesInn who provide comprehensive Company Registration services and Corporate Law Compliance services. They have many branches all over India.
CompaniesInn India is the first Online Company Registration and LLP registration portal committed to help small business and entrepreneurs to learn about online Incorporation and its benefits, as well as helping them easily to undertake this important business step without sacrificing quality.
For more details regarding Company Registration, visit http://companiesinn.com