Introduction

Starting a business in India can be a daunting task. And if you are setting up an Indian company, then it is not possible without knowing about the documents required for setting up a company. In this article we will discuss about the steps involved in founding a company in India and its registration process.

What is a company?

A company is a separate legal entity. It can be formed by registering it with the relevant authorities, who then issue a Certificate of Incorporation (COI).

A company may own property and assets, but it doesn’t have to do so. Companies are usually required to hold their shares on trust for their shareholders; however, there are exceptions where companies don’t have to hold their shares on trust.

How to form a company?

• Form a company.
• Register a company.
• Apply for tax registration.
• Apply for PAN card and TAN card (Tatka Sahayak).
• Apply for GST registration, if required by the state government or relevant authorities, depending on the nature of business being carried out by you as an individual or an entity/ partnership/ limited liability company (LLC), etc., etc..

What are the steps required to be taken for the formation and registration of a company?

Form a company.

Register a company.

Get a company name.

Open a bank account for your business needs as well as for funds to be deposited by customers, suppliers and staff members. Make sure that only one bank account is opened in your name so that you don’t get confused with other companies using the same bank details (e.g., if there are three different companies named “ABC”, then all three should use different banks). The type of account will depend on what kind of business you want to run; however, it’s important not just any old personal savings account will do! You want something secure enough so thieves can’t break into it without getting caught first – after all, if they steal from us while we’re asleep at night while we’re working hard during daytime hours…that would suck! So choose wisely!

In order to register your company you need the following documents:

Memorandum of association or Articles of Association (if applicable)

Form 1- Company Registration Certificate issued by Registrar General, Ministry of Corporate Affairs, Government Of India

Form 18 – Information Memorandum (IM) for filing Certificate of incorporation under Section 25A-24(1), Companies Act 2013 within two months from the commencement date; and such IM shall be accompanied by a copy of Memorandum/Articles signed by all founding members as well as members present at time when it was signed, if any

 

Memorandum of association or MOA.

 

A memorandum of association (MOA) is a legal document that sets out the rules and regulations for your company. It also provides information about who owns shares in the company, how many shares are issued, what their rights are and how they can vote on matters affecting the business.

 

An MOA must be prepared by an attorney before you can register with ASIC; however, there is no need for this document to be registered with a notary public or court clerk if it’s only going to be used as evidence during filing procedures at ASIC.

 

The following steps will help guide you through preparing a memorandum of association:

Article of association or AoA.

The first step in forming a company is to prepare an AoA or articles of association. This document will govern the internal affairs of your business, including how you will be governed bylaws, how vacancies can be filled and any other provisions that need to be made available to members. This includes:

Objects – For this document to have any legal effect it must contain certain information about what it means for someone who joins as a member. It also needs to explain why they should join this particular group (for example, if they want access). There are many different ways you can do this depending on what kind of business structure works best for your situation!

Name & Address – You’ll want to include information like name(s), address(es) etc., along with contact details like phone numbers etc.. If there’s more than one person involved then each person should also sign off on their respective sections so everyone knows who owns what part of this agreement before moving forward with anything else related specifically towards running operations within said organization; especially if there’s going

 

Form 1.

Form 1 is a form to be filled by the directors of the company. It must be filed with the Registrar of Companies within 30 days from incorporation and signed by all directors.

Form 18.

• Form 18 is a statement of capital. It must be filed with the Registrar of Companies (ROC) and is filed along with your MOA, AOA or any other required documents.
• After incorporation you will need to submit Form 18 within 30 days from your incorporation date.
• Publish e form 2 within 30 days of incorporation.
• The next step is to publish e form 2 within 30 days of incorporation. This form is the one that has to be published in a newspaper, so it’s important that you do this quickly.
• Once your company is registered, it will take about one month for your company name and address to appear on Google Maps and other online platforms such as LinkedIn and Facebook.
• Form 32 if one of the directors is an existing director in another company.
• If one of the directors is an existing director in another company, you must file Form 32 with the Registrar of Companies. The declaration that each director makes on this form should be signed by him/her personally.
• Form 32 also requires you to register your name as an assessor or notary public if it’s your first time doing so in India.
• If you want to start business in India then register your company first
• If you want to start business in India then register your company first.
• If you have a registered company and want to open a bank account, then follow these steps:
• Register as an individual / firm – Go through the process of registering with the Revenue Department (Income Tax) for individuals or companies that are less than 20 years old. The income tax department will issue a certificate showing that their details are on record with them; this certificate is called Form No.-9C and must be submitted along with other documents like PAN card etc., when applying for opening of bank accounts under Section 18A(2) of Income Tax Act 1961 (Central), otherwise they will not accept any application from people who do not have such certificates/documents

Conclusion:

Now that you know about the steps required to form a company, it’s time for you to register your company. If you want to start business in India then register your company first before hiring employees or selling products etc. I hope this article was helpful and if not please let me know what was missing from it so that i can improve my future articles!