Title: Company Registration and Formation in Chennai
1Company Registration Process
2Forming 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.
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3Forming 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.Â
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4Steps 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.
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5Steps 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.
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6Procedure for Registration of the Company
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7Procedure 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.
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8Procedure 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).
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9Procedure 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.
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10Conclusion
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.
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11Thank You
Visit Our Website http//www.vramaratnam.com
- Visit Our Website http//www.vramaratnam.com