Company Registration and Formation in Chennai - PowerPoint PPT Presentation

About This Presentation
Title:

Company Registration and Formation in Chennai

Description:

Company Registration and Formation in Chennai – PowerPoint PPT presentation

Number of Views:35
Updated: 14 July 2015
Slides: 12
Provided by: vramaratnam123
Category:

less

Transcript and Presenter's Notes

Title: Company Registration and Formation in Chennai


1
Company Registration Process
2
Forming a Company in India
  • The Companies Act of 1956 sets down rules for the
    establishment of both public and private
    companies. The most commonly used corporate form
    is the limited company, unlimited companies being
    relatively uncommon.
  • A company is formed by registering the Memorandum
    and Articles of Association with the State
    Registrar of Companies of the state, where the
    location of the main office is concerned.
  • Running a high profile business is the most
    sought after dream of almost every second person
    in this world.

http//www.vramaratnam.com
3
Forming a Company in India
  • We understand and appreciate that setting up of a
    Company is a lifetime decision of an entrepreneur
    and requires in-depth strategic, business and
    legal considerations.
  • Each and every single individual wants to run a
    business, in which he can be the sole dictator of
    his works Schedules and pressures.
  • Our dedicated team assists you in company
    registration services, incorporating your
    business in a simple and economical way. 

http//www.vramaratnam.com
4
Steps for Company Formation
  • Step 1
  • Obtaining Director Identification Number (DIN) -
    Completed on Day 1.
  • Step 2
  • Obtaining Digital Signature for one of the
    Directors of the Proposed Company -Completed on
    Day 1.

http//www.vramaratnam.com
5
Steps for Company Formation
  • Step 3
  • Application for Name Availability and Obtaining
    the Name of the Proposed Company - Completed on
    Day 4
  • Step 4
  • Drafting, Stamping of Memorandum of Association
    and Articles of Association for the Company and
    filing with Registrar of Companies - Completed
    on Day 7.

http//www.vramaratnam.com
6

Procedure for Registration of the Company
http//www.vramaratnam.com
7
Procedure for Registration of the Company
  • Acquire Director Identification Number (DIN) by
    filling Form DIN-1.
  • 2) Acquire Digital Signature Certificate. This
    certificate can be acquired from any one of the
    six private bureaus sanctioned by MCA 21.
  • 3) To attain name of the Company, Form No. 1A
    should be filled citing the address of the
    Registered Office of the projected firm along
    with the signature of one of the promoters.
  • 4) The documents should be signed by the firms
    promoters after the MOA and AOA have been
    stamped.
  • 5) Attain the Certificate of Incorporation from
    the Registrar of Companies, Ministry of Corporate
    Affairs.

http//www.vramaratnam.com
8
Procedure for Registration of the Company
  • 6) Make a seal (applicable for the Private
    Limited Companies). Making a company seal is not
    a legal obligation for the firm to be integrated,
    but firms require a seal to deliver share
    certificates and other certificates.
  • 7) Attain a Permanent Account Number (PAN) from
    National Securities Depository Ltd. (NSDL) or the
    Unit Trust of India (UTI) Investors Services Ltd.
  • 8) Enroll with the Office of Inspector, Shops and
    Establishment Act (State/Municipal)
  • 9) Register the company for Value-Added Tax (VAT)
    at the Commercial Tax Office (State).

http//www.vramaratnam.com
9
Procedure for Registration of the Company
  • Registration of VAT requires filling up of a
    prescribed Form along with the following
    documents
  • Memorandum of Association
  • Articles of Association
  • A declaration in Form 1 by a person named in the
    articles of the proposed company
  • As a director, manager, or secretary of the
    enterprise.
  • Form 32 for an appointment of Directors with
    their consent letters.
  • Form 18 provides information about the registered
    office.

http//www.vramaratnam.com
10
Conclusion
Handling the correct requirements of companies
under right administration enhances the
upliftment of the companys progress. Companys
formation should provide the best comprehensive
array of professional services in both public and
private sectors.

http//www.vramaratnam.com
11
Thank You
Visit Our Website http//www.vramaratnam.com
  • Visit Our Website http//www.vramaratnam.com
Write a Comment
User Comments (0)
About PowerShow.com