How to Register a Company in India
How to Register a Company in India
How to Register a Company in India is the question asked by many new business owners. It is a legal requirement to register your business in order to be allowed to trade and pay taxes. It also provides you with the legal framework needed to protect your business and investors.
The first step in the process is to choose the correct business structure. There are a number of different structures to choose from including sole proprietorship, partnership, private limited and public limited. Each structure comes with its own benefits and drawbacks so it is important to pick the right one for your business.
Once you have chosen your structure, it is time to start the formalities of registration. You will need to prepare all of the necessary documents and file them with the Registrar of Companies (RoC). Once your application is approved, you will be issued with a Certificate of Incorporation and your DIN and DSC will be allocated. You will also need to open a current bank account in the name of your company and obtain a TAN and PAN.
The process for registering a company in India is quick and easy and can be completed online from anywhere in the world. The MCA portal makes it possible to complete all of the required paperwork without ever having to visit an office. It is even possible to do this from the comfort of your own home! This is a huge benefit for international businesses as it makes it much easier to do business in India.
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