New Company Registration India Helps to Start Business Operations

“New Company Registration India is the major determinant to start the business and serving customers with your company offerings. Getting the Director Identification Number is the first step towards registering your business in the legal manner.”

Are you looking to start a business, it needs to register your company and it would then become legal to run the business operations. Irrespective to the type of business entity, you have to incorporate your business. The procedure of New Company Registration, India depends upon the fiscal status, organizational structure and the business you are operating.

Government of India has put in effect several stringent regulations to take control on commercial operation of businesses and therefore, every business that wants to run their operations has to register. Business groups have to fulfill the legal compliances as suggested by concerned government authorities, before you go to execute the business plan.

When you have decided to open your business operations, it needs to register the company. It is also essential to make registration for your company or business with the concerned authority with set of information so that you do not have to take trouble further. Registering the business operations require to go with several document formalities and it needs to take assistance from a professional who has the wide exposure in providing the company registration service.

There are firms/ agencies available that tend to offer the professional set of company registration services. You need to search for the service provider that has enough experience to deal with the complex tasks in the registration process.

The company registration services provider assist you to register and start business operations here in India. If you are looking for some details regarding processing of registration or documentation, you can continue reading this article.

Requisites for Registration  

·         Minimum Two Directors

·         Address Proof of Each Directors

·         Pan Card of Each Directors

·         Two Photographs Of Each Directors

·         Business Premises/Office Address Proof (Rent Agreement Valid)

·         Minimum Authorized Capital Rs. 1,00,000.

Registration process Started

The process of company registration involves two basic steps and it is categorized in two phases as described below.

Phase I Started

1)      Processing of Director Identification Number (DIN) India and Digital Signature Certificate (DSC) started.

2)      After it has been processed to generate, you receive the DIN and DSC.

3)      Check for name availability and approval for the name is in progress.

4)      Name approved.

Phase II Began

1)      Drafting of Articles of Association and Memorandum of Association

2)      Application for incorporation is in the processing stage

3)      Pending for approval or go for re-submission, in case of any mistakes or errors in application

4)      Business incorporation certificate is issued after approval

5)      Apply for separate PAN for the company.

Once your business gets the status of a company, you can go ahead to start the business operations. Now, you also have to register your business in other government departments such as if you are in the business to provide services to your customers, you have to register with the Services Tax department and has to pay service tax as well.

If a foreign company is looking to enter and start business in India, it has to go with the FDI policy and check out how it can enter to start business in India.