Starting a business in India is quite easy with new regulations passed by the Government of India. However, you still have to follow a strict process to register your business. Thanks to somewhat of an companies offering online registration services, you can easily complete your company registration process without much palaver.
While planning to register a business, it is unquestionably a better idea to rent a reputed Limited Liability Partnerhsip Registration in India Online commercial enterprise. These companies have seasoned experts that to complete your task quickly and without any trouble. However, you must know the operation of company registration. Below is the procedure followed to register a home based business in India:
1. Select at least four unique names to match your company. Give your names priority according to your choice. The registration entity will provide the name which is purchasable. The names you select must contain at the very least two words, first describing your business name and 2nd one describing the nature of your business.
2. Apply for historical past of the selection with an e-Form 1A (General Rules and Forms) together with a fee of Rs. 5 hundred. If the applied name is available, activities . registered for you. Effective at unavailability, you will need to apply for a different name.
3. Once the name is approved, could certainly apply for registration through e-Forms 1, 8 and 32. This has to be done within 6 months of brand name getting your name approved.
4. Prepare the Memorandum and Articles of Association along with solicitors and get them stamped with the right stamp duty. All of them signed by on the two subscribers.
5. Pay the registration fee and filing fee
6. Arrange subsequent documents:
Memorandum of Association and a duplicate duly stamped
Articles of Association and a duplicate duly stamped
original and a replica of the agreement between the partners (if any) describing their posts and responsibilities in the company
Power of Attorney (if any)
a copy of the letter regarding accessibility of the Registrar of Companies
E-Form no. 1, 18 and 32
receipts of payment of registration and filing fees
7. Obtain the certificate of incorporation into the Registrar of Companies. They’ll verify your documents and once verified, company will be incorporated. The date mentioned in the certificate will be the date of your company application.
8. Once it’s done, the company can start its business immediately under Section 149 (7).
Apparently, it’s a complicated and long process where just a small mistake may can be expensive of money. Due to this reason, most of the people consider hiring companies’ house services. These companies have great skills and example of doing such tasks, and they have the right teams to try and do each job. Therefore, the process becomes simpler, takes lesser time and lesser efforts. Look around you and choose a registration company to get those company incorporated quickly.