Companies in India are have grounded a lot in these coming years and there are many more which are ready to be established. To get legalized every company has to get themselves registered. So to do this there is a companies act 1956 which sets down the rules and regulations of both public and private companies to get them selves established. A company is a separate legal entity which has to be registered under companies act so as to make them more flexible in the working environment. The formation of the company is not that easy task as easy it looks. For every company there is a system of rules which has to be followed. In India there are certain procedures through which companies have to go while the registration. There are many company registration services provided by India and they are as follows:-
1. STPI registration
2. EOQ registration
3. Taxation and licensing service
4. VAT registration
And
5. IEC export and import code
And also domain name registration which is the most important among all. These are the main services through which companies have to pass on. To make this registration simpler there is an easy procedure provided for these companies and that is online registration. Now you can get all the information regarding the services and how you can register your firm online. The benefit of online registration is that it is simpler and time saving process.
A company is an entity as it is already said. There are different types of companies which can be registered and in India companies generally divided into two main sectors that are public companies and private companies. Registration of a company is done under ROC which stands for registrars of company allocated under the section 609 of companies act. new company registration required some procedures to be followed. For the registration the procedure is that firstly you have to fill a form DIN-1 which stands for director identification number and which is then be printed and signed by the ministry of corporate affairs with the address proof. For the proof you have to consider two main things that are identity proof which can be PAN (permanent account number) card, passport, driving license or voter ID card and residence proof that can be telephone bill, rashan card, electricity bill or bank statements. Then next you have to go for the registration of system by opting for MCA 21which is a digital signature certificate to utilize the latest electronics.
Now you have to cache the companies name under ROC by submitting form number 1A. Then documents should be signed by the firm's promoters after the MOA and AOA have been stamped. Then another thing you required is seal which is important and applicable for private companies not for public one. You also required PAN and TAN for the payment of tax. Then you have to enroll with the office of inspectors, Shops, and Establishment Act (State/Municipal). VAT stands for value added tax. The registration of VAT is very important. To enroll for VAT you have to fill the form number 101 under companies act. With the form no. 101 you also required residence proof, copy of PAN card and the most required challan on form no. 210. You can not charge or reclaim VAT until you have been issued with the VAT registration number by HMRC that is HM resource and customs.
