online company registration – The Ministry of Corporate Affairs (MCA) is a government-run website that provides information on all Indian firms. If you’ve just launched your own business in India, you might need to register with the MCA. MCA’s internet portal has information on all types of businesses, including Limited Liability Corporations (LLCs) (LLCs). Users can check up information such as a company licence serial number, date of creation, type of business, fees, members, and more on the site. The balance sheets and other papers relating to the firm, as well as yearly reports, are made available on the Internet upon payment of the applicable fees.
You can now verify a company’s registration with the MCA if you need information on a specific firm in India or if you want to learn more about a company before working with them. We’ll go over how you can achieve that in this blog. But first, let’s get a better understanding of the MCA.
The Role of MCA
Master Data from the Ministry of Corporate Affairs (MCA) can be used to check the status of a company’s certification. In 2006, the Government of India launched the MCA (Ministry of Corporate Affairs) project, which digitalised the business registration process and paperwork in India. Finding information about a registered company in India is now easier than ever owing to the internet!
To learn more about a company, you must first log into a search engine (e.g., Google). You can start a search by putting the full or partial name of a business in the address bar to check if it’s listed once you’ve arrived at the search engine.
The Master Data of the MCA (Ministry of Corporate Affairs) can be used to gather the following information on a publicly traded company in India:
- Corporate Identification Number (CIN)
- Name of Firm
- Registrar of Company (ROC) Identification Number
- Registrar of Company (ROC) Details
- Firm Category (Limited-by-shares, limited-by-guarantee, and unlimited-by-shares companies)
- Firm Sub Category (Indian Government Company/Indian Non-Governmental Company)
- A Firm’s classification (public /private)
- Authorised Capital of Firm
- Paid-up Registered Capital of the Firm
- Registration Date
- Status of Contact Address
- Email Listing
- Date of Recent Annual General meeting
- Due Date of Balance sheet
- Status of the Firm
Besides other significant factors, there are three factors that a shareholder should consider while forming a company
- Check your new company’s details against the list of names that are prohibited;
- Verify the trademark of the registered business name;
- Make sure the URL for the Suggested Business Name is correct.
Steps Involved in Company Registrations
- Checking the Status of a Firm’s Incorporation
Open a search engine on your computer or other internet-connected device;
Visit the MCA (Ministry of Corporate Affairs) website for further information.
Select View Business from the drop-down menu under the MCA (Ministry of Corporate Affairs) services heading.
After entering in the first three letters of the firm’s name, click the Search button – (Enter at least two or three characters for Firm Name; a list of business names will appear beside the letters that have been filed.) Copy the Corporate Identification Number (CIN) or go to the Company Firm Name page that you want.
Enter the Corporate Identification Number (CIN) in the Business CIN section if you know it.
Enter the company’s CIN (Corporate Identification Number). In the box, type the numeric code. It’s as simple as that. Fill out the application form and submit it. On the screen, you’ll find all of the relevant information concerning the company’s formation.
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Fees Filed with The Firm
A “Fee registered on Firm” is a warranty deed or claim that a creditor or lender registers on a company’s property to ensure that the company will repay the debt. When a business or limited liability partnership (LLC) accepts a bank loan or other financial assistance from a financial company, fees against the company are often imposed. As a result, MCA’s functionality can be used to determine whether a business has taken out any loans from banks or other financial institutions.
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Fee Details for the Business as a Result of the Search
- Fee Creation or Amendment Date
- Fee amount
- Fee Holder
- Fee Holder’s Address
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Company’s Members’ Authorization Details Verification
Use the MCA Link’s Authorization Details search capability to look up the directors of a company or the members of an LLP.
On the internet, you can find the following information on corporate executives or LLP members:
Details regarding the Director’s Identification Number (DIN); Directors’ or Shareholders’ Names; Directors’ or Shareholders’ Designation; Directors’ or Shareholders’ Address;
Validity of Digital Signatures; Consultation Date
Conclusion
Because the legislature is a branch of the federal government, and businesses in India are the country’s most important source of revenue, they are aiming to simplify corporation law. As a responsible Indian citizen, however, one must be aware of post-registration compliance, which is critical for a business because non-compliance will result in legal action by the government. As a result, the marketers should have a good understanding of the company’s future moves. To limit the chances of non-compliance, it is always a good idea to seek professional assistance.
Because the legislature is a branch of the federal government, and businesses in India are the country’s most important source of revenue, they are aiming to simplify corporation law. As a responsible Indian citizen, however, one must be aware of post-registration compliance, which is critical for a business because non-compliance will result in legal action by the government. As a result, the marketers should have a good understanding of the company’s future moves. To limit the chances of non-compliance, it is always a good idea to seek professional assistance.
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