Company registration in India is usually associated with lengthy procedures and complicated paperwork. After all, India does rank 63rd out of 192 countries on the World Bank’s annual ranking list on ease of doing business. Therefore, consultation from the subject matter expert, well-versed with all the legal aspects of the Companies Act, 2013 is required.
Primarily because of the Indian regulatory regime the process of Incorporation is a bit complicated for people who want to register their in India. Though much stride has been made in trying to streamline the registration process, it is advisable to partner with a professional which specializes in Indians laws and regulation. It would help the proprietors not only in streamlining the process but also prioritizing their resources for the same.
In India, entrepreneurs contemplating their new businesses need comprehensive assistance and directions. The registration procedure has many intricacies that may prove hard to comprehend without the right guidance. Therefore, timely help should be sought from those who are knowledgeable about Indian legislation in order for a stress-free process. Unlike other jurisdictions where lawyers are the only ones permitted to incorporate business structures, both attorneys and accountants can aid the process of entity establishment in India.
We have more than 20 exceptionally trained Company Secretaries and Lawyers in our team with 7-12 years’ experience of supporting entities. While we pay careful attention to all details and offer guidance at various stages as an end-to-end service provider. Our expertise has helped clients from over 30 different countries
As a reputed Company Registration Consultant, We provides an end-to-end Company registration services in order to help you navigate the complexities of the Companies Act, 2013 (the act which regulates the incorporation, compliance, and dissolution of companies in India). The Registrar of Companies (ROC) for each state operates under the Ministry of Corporate Affairs to ensure compliance under the Act.
Ministry of Corporate Affairs (“MCA”) as a part of Ease of Doing Business (EODB) initiative recently introduced an integrated Web form SPICe+ (INC-32) offering multiple services viz. Reservation of Name, Incorporation, Director Identification Number (DIN) allotment, mandatory issue of PAN, TAN, EPFO, ESIC, Profession Tax (for the State of Maharashtra) and assistance in opening of Bank Account. It also facilitates allotment of Goods & Services Tax Identification Number (GSTIN), wherever so applied for, by the Stakeholders.
The step wise process for Company Incorporation (Private Limited Company) in India is mentioned below:
This step includes filing of Digital Signature Certificate (DSC) application with the DSC Certifying Authority for obtaining the Digital Signatures of Directors and Shareholders.
Requirements:
This step includes filing for Reservation of Name of the proposed company with the Ministry of Corporate Affairs via application in Part “A” of the e-form SPICe+ available on the MCA portal.
Requirements:
This step includes filing of Incorporation Application with the Ministry of Corporate Affairs via application in Part “B” of the e-form SPICe+ available on the MCA portal within 20 days of getting the Name Approval Letter from the concerned ROC.
E-form AGILE Pro is filed together with Part “B” of e-form SPICe+ which is specifically for the application of EPFO, ESIC, Professional Tax Registration (mandatory for the State of Maharashtra), GSTIN Allotment and Opening of Bank Account of the proposed company.
Mandatory Requirements:
Post filing of the Incorporation form (Spice+), the Ministry scrutinizes the documents and information furnished and issues a “CERTIFICATE OF INCORPORATION” upon its satisfaction and verification, which is the conclusive evidence of the formation of the Entity.
This step includes Filing of e-form INC 22 for the Verification of Registered office of the company with the Ministry within 15 days of the Incorporation, along with certain mandatory documents to be filed as the proof of the existence of office of the company.
