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What is the Procedure for New Company Registration?

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.
What is the Procedure for New Company Registration?
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What is the Procedure for New Company Registration?

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