Company Registration Services

Starting a new business is a thrilling yet daunting task. There are many things to consider and prepare before starting the actual business. One of the most important aspects is registering the company. Company registration is a legal requirement that establishes a business as a legal entity. It is an essential step for any business to start operating, open bank accounts, apply for loans, and conduct transactions legally.

In India, the process of company registration is governed by the Companies Act, 2013, and the Companies Incorporation Rules, 2014. The Registrar of Companies (ROC) is responsible for registering companies in India. The process of company registration can be completed online or offline, and we provide services to make the process even smoother.

Company Registration Process in India

IThe process of company registration in India can be divided into the following steps:

Step 1: Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN)
The first step in the process of company registration is to obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN). A DSC is an electronic signature that is used to sign documents electronically, while a DIN is a unique identification number assigned to the directors of a company. These two documents are mandatory for all individuals who are applying for company registration.

Step 2: Name Approval
The next step in the process is to obtain name approval for the company. This is done by submitting an application to the Registrar of Companies (ROC) with the proposed name of the company. The name should be unique, not already in use, and should not infringe on any trademark or intellectual property rights. The ROC will then check the availability of the name and approve or reject it within a few days.

Step 3: Drafting of Memorandum of Association (MOA) and Articles of Association (AOA)
The next step is to draft the Memorandum of Association (MOA) and Articles of Association (AOA). The MOA is a document that defines the company's objectives and scope of operations, while the AOA outlines the rules and regulations that govern the company's internal affairs. These documents are critical for the company's operations and must be drafted carefully.

Step 4: Filing of Forms with the Registrar of Companies
After obtaining name approval and drafting the MOA and AOA, the next step is to file various forms with the Registrar of Companies. These forms include Form INC-7 (Application for Incorporation of a Company), Form DIR-12 (Particulars of Directors), and Form INC-22 (Notice of Situation or Change of Situation of Registered Office). These forms must be filed along with the required fees and documents.

Step 5: Certificate of Incorporation
Once the Registrar of of Companies approves the forms, the company is issued a Certificate of Incorporation. This certificate is proof that the company has been registered and is a legal entity.

Services Offered by SV Associates for Company Registration

Registering a company in India can be a tedious and time-consuming process. This is where SV Associates step-in. SV Associates offer various services to help entrepreneurs register their companies quickly and efficiently. Some of the services offered by us for company registration are:

Name Availability Check
One of the essential moves is name availability check. SV Associates help entrepreneurs select a unique and appropriate name for their company and check its availability. We also offer suggestions for alternative names if the chosen name is not available.

DSC and DIN Application
SV Associates can help entrepreneurs obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN). We simplify the process by handling the application and submission of documents required for obtaining DSC and DIN.

Drafting of MOA and AOA
SV Associates also offer services for drafting the Memorandum of Association (MOA) and Articles of Association (AOA). We have experienced professionals who draft these documents in accordance with the latest legal requirements.

Filing of Forms
Filing various forms with the Registrar of Companies can be confusing and time-consuming. We take care of the entire process by filling the forms and submitting them with the required documents.

Legal Compliance
After company registration, various legal compliances need to be followed to avoid any legal hassles. SV Associates help entrepreneurs understand and comply with legal requirements such as Annual General Meeting (AGM), Director's Report, and Statutory Audit.

Post Incorporation Services
SV Associates also offer post-incorporation services such as obtaining a Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN), and Goods and Services Tax (GST) registration. These services ensure that the company can start its operations smoothly.

Importance Of Company Registration Process in India

Legal recognition: Company registration gives legal recognition to the business entity. It establishes the business as a separate legal entity that can own property, enter into contracts, and conduct business activities. This gives the business credibility and enhances its reputation.

Limited liability protection: A registered company in India provides limited liability protection to its shareholders. This means that the shareholders are only liable for the amount of their share capital in case of any legal disputes or financial obligations of the company.

Access to funding: Registered companies in India can access various sources of funding such as bank loans, venture capital, and angel investments. It is easier for a registered company to secure funding as compared to an unregistered business entity.

Government schemes and incentives: The Government of India offers various schemes and incentives for registered companies such as tax benefits, subsidies, and grants. This makes it easier for registered companies to operate and grow their business.

Brand protection: Company registration protects the brand name and logo of the business. It gives the business exclusive rights to use its brand name and logo and prevents others from using it without permission.

Business expansion: Registered companies can expand their business easily by opening new branches, offices, or subsidiaries. This gives them a wider market reach and helps them grow their business.

Compliance requirements: Registered companies have to comply with various legal and regulatory requirements such as filing annual returns, conducting audits, and maintaining proper books of accounts. This ensures transparency and accountability in the business operations.

In conclusion, company registration in India is important for legal recognition, limited liability protection, access to funding, government schemes and incentives, brand protection, business expansion, and compliance requirements. It is an essential step towards establishing a credible and successful business in India.

Company Registration Online

In recent years, the Indian government has made efforts to digitise various services, including company registration. The Ministry of Corporate Affairs launched the SPICe (Simplified Proforma for Incorporating Company Electronically) form, which allows entrepreneurs to register their companies online.

The SPICe form includes all the necessary documents required for company registration in India, including the MOA, AOA, and Director's Identification. It also offers the option of reserving the company's name online

The online company registration process offers several benefits, including:

ConvenienceEntrepreneurs can register their companies from anywhere with an internet connection, eliminating the need to visit the Registrar of Companies physically.

Speed The online company registration process is faster than the offline process. Entrepreneurs can complete the process in a few days, whereas the offline process can take several weeks.

TransparencyThe online company registration process offers transparency, as entrepreneurs can track the progress of their application and receive regular updates on the status of their application.

Company registration is a crucial step for any business to start operating legally in India. The process can be time-consuming and complicated, requiring the entrepreneurs to comply with various legal requirements. SV Associates offer services that simplify the process, saving entrepreneurs time and effort. The online company registration process offers several benefits, including convenience, speed, and transparency. We offer the services you require and comply with legal requirements to avoid any legal hassles in the future.

Why Choose SV Associates?

Expertise and Experience:We have professionals who have years of experience and expertise in company registration. They can guide entrepreneurs on the latest legal requirements and offer the best advice for their business.

Saves Time and Effort Company registration can be a time-consuming and complicated process. We simplify the process by handling all the paperwork and procedures, allowing entrepreneurs to focus on their core business activities..

Cost-EffectivebHiring SV Associates for company registration can be cost-effective in the long run. We offer packages that include all services required for company registration, which can save money compared to hiring different professionals for each service.

Legal Compliance We ensure that entrepreneurs comply with all legal requirements post-incorporation. This reduces the risk of legal hassles and penalties in the future.

FAQs:

What is the minimum number of directors required to register a company in India?

At least two directors are required to register a private limited company in India, while at least three directors are required to register a public limited company.

What is the minimum capital required to register a company in India?

There is no minimum capital required to register a company in India. Entrepreneurs can register a company with any amount of capital they deem fit for their business.

How long does it take to register a company in India?

The time required to register a company in India depends on various factors such as the type of company, the documents required, and the time taken to obtain Digital Signature Certificates and Director Identification Numbers. The online registration process can take anywhere between 2-10 days, while the offline process can take several weeks.

What are the documents required to register a company in India?

The documents required to register a company in India include the Memorandum of Association, Articles of Association, Director Identification Number, Digital Signature Certificate, and address proof.

Can foreigners or Non-Resident Indians (NRIs) register a company in India?

Yes, foreigners and NRIs can register a company in India by complying with the Foreign Exchange Management Act (FEMA) regulations.

What is the difference between a private limited company and a public limited company?

A private limited company has a maximum of 200 shareholders and restricts the transfer of shares, while a public limited company has no restriction on the number of shareholders and allows the transfer of shares freely.

What is the validity of the Digital Signature Certificate and Director Identification Number?

The validity of the Digital Signature Certificate is usually one or two years, while the Director Identification Number is valid for the lifetime of the director.

What are the post-incorporation legal compliances that a company needs to follow?

The post-incorporation legal compliances that a company needs to follow include holding an Annual General Meeting, filing Income Tax Returns, and complying with the Goods and Services Tax regulations.

What are the benefits of registering a company in India?

The benefits of company registration in India include limited liability protection, separate legal entity status, and access to various government schemes and incentives for businesses. It also provides credibility and enhances the reputation of the business.