Registering a Company

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Registering A Company
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• The way to get started is to quit talking and
  start doing-Walt Disney
• Establishing a new company seems like a genuine
  idea sitting over cups of coffee. The vision of a
  new company is all about adding value to the
  market and thereby increasing your brand value.
  But how to bring about this value addition? The
  first step is to start with registering your
  company.
• Understanding the need to give a boost to various
  companies, the Ministry of Corporate Affairs
  introduced the form INC-29. This form reduces the
  process of company registration to only three
  stages. Barring the unforeseen, businessmen can
  expect the formalities for their companies to be
  completed within 14 days.
• Listed below are the various formalities involved
  in the process of company registration.

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• Digital Signature Certificate
• The procedure of company incorporation can be
  completed online. However, for this purpose, the
  signature of one of the directors of the company
  is required on all the electronic documents. For
  this, a Class II Digital Signature Certificate
  (DSC) is required from any of the six certified
  authorities appointed by the Ministry.
• Required documents
• Hard copy of the completed form for DSC
• ID Proof
• Address Proof

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Take note of the following mistakes Spelling
errors, abbreviating the name of the director,
old bills, prefixes While filing for the DSC,
remember to check for the availability of the
company name. It is an important aspect of the
online company registration process. Preparing
for INC-29 A certain number of documents are
required in order to fill up a form that comes
for 8 pages. The documents and information
required for the same are mentioned below-
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• Directors Identification Number
• As per the new rules formulated by the Government
  of India, Indian and foreign directors of a
  private company need to register their details.
  This generates an identification number known as
  the Directors Identification Number. In total, 3
  people can apply for the DIN including foreign
  nationals.
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• Required documents
• Passport size photograph
• Copy of PAN card, drivers licence/voters
  ID/latest utility bill
• Foreign nationals in Commonwealth countries need
  to get documents notarised

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Whats in a name? For a brand name to develop
there needs to be a name at the outset. Go for a
name that makes people understand your businesses
at one go. Once you come up with the name, it
goes a long way in the formation of your
company. Try to have a stock of 2-3 names,
especially for private companies. Also, remember
that the applying businessman needs to deposit an
authorized capital of minimum Rs.1
lakh. Requirements that are offline The
registration of a private limited company also
requires the following- Memorandum of
Association-this mentions the capital that is
planned to be accumulated through various shares
and how that amount will be used in the present
and future. An affidavit from all subscribers is
required in Form INC-9 for the MoA Articles of
Association- these are the internal clauses for
the functioning of a company
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Registered office verification- the details of
your office address need to be submitted as part
of the filing procedure. The documents that can
verify the address are latest utility bill of the
office, rent agreement etc. Letter of
appointment and declaration-self-attested
documents regarding the appointment of directors,
CEO are to be included in INC-9. Form DIR-2
requires declaration by appointee director and
managing director along with declaration by a CS
regarding authenticity of the company Filing of
INC-29 The INC-29 can be filed once all the
papers are set in an order. The filing which
takes one day, involves payment fees along with a
stamp duty. Issue of Certificate of
Incorporation The RoC verifies the document
within 2-8 working days and any changes that are
required are duly notified. In case there are no
changes, then the Certificate of Incorporation is
mailed to the director.
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PAN and TAN A PAN card is required for the
taxation purposes for your business. The PAN
card application needs to be done only through
authorized agencies like those appointed by
National Securities Depository Limited. A TAN
number is also required for the process of
company registration. The TAN helps in the
deduction of Income Tax at source by the
Assessing officer at the Income Tax
department.Although the process of registration
has been made simpler by the Government of India,
it still requires a lot of effort to produce the
correct document at the right time. Attempting
to reduce the stress on prospective businessman,
we at Filingenie make the whole process less
tiresome through proper guidance. Not just
business registration, our experts also provide
online legal services for your lawful woes
involved in the process of company incorporation.
The company is on a constant endeavour to make
things significantly simple. Gain a better idea
about services by visiting https//filingenie.com/
about-us.html.
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