What is the Procedure for New Company Registration Online?
Do you want to start a new company? The most crucial part of starting a new business is new Company Registration online. As the new company registration is easy now from online procedure via MCA Portal. Here, we will discuss about the procedure of the new company registration online.
Types of new Company Registration
Before jump for the company registration you should know the different types of company registration which are as given below-
Sole Proprietorship
Private Limited Company
LLP i.e. Limited Liability Partnership
Non-Profit Organization
Public Limited Company
Co-operative Societies
Offshore company
Foreign Subsidiary
Holding & Subsidiary Company
Features of New Company Registration Online
The features & requirements for the new company registration online are as given below-
Requirement of minimum of 2 Directors (one should be the resident of India)
No requirement of minimum capital
Can be registered at the residential place also
Registration process is 100% online
Age of the applicants must be 18 years & above
Applicants should choose a unique name for company
There can be 2 to 15 directors
The shareholders can be up to 200
Benefits of New Company Registration Online
Legal recognition
Limited Liability
Create Credibility
Easy Fund Access
Lower Tax Rates
Global Expansion
Better opportunity in the market
Capable to protect brand
Ministry governed entity
Procedure of New Company Registration Online
Step 1: Decide Business Structure
Before going for the registration process you should have to decide the structure of your business as per your business goals.
Step 2: Obtain DSC i.e. Digital Signature Certificate
To commence the new company registration online process you should have to obtain the DSC i.e. Digital Signature Certificate of all the directors.
Step 3: Name Approval
Then, you should have to choose a name for your company which is unique & meaningful and does not violating any existing trademark.
Step 4: Company Registration Application
After that, you are required to fill the online application available on the MCA Portal along with your documents including MOA & AOA.
Step 5: Filing for Incorporation
After you have all the important documents, you should have to file for the incorporation of the company online through the MCA portal.
Step 6: Incorporation Certificate Issuance
Lastly, after the approval of the documents from MCA i.e. Ministry of Corporate Affairs, PAN, TAN & Certificate of Incorporation will be issued to you.
Documents required for New Company Registration Online
For Directors:
Copy of Aadhaar Card of all the directors
Copy of PAN Card of all the directors
E-mail address & contact numbers of all the directors
Passport size photo of all the directors
Updated bank statements of savings account of all the directors
For Office Address:
Electricity bill of the office address
Rent agreement of the office (if available)
NOC by the office owner.
Conclusion
If you want to start your new business then, new company registration online is must. Make your dream comes true with the help of LegalPillers. We are here to help you to simplify the process of new company registration online. Make LegalPillers your trusted partner to do the new company registration online.