There are four major steps to be followed to register a company/ startup in India.
If you are willing to register a startup or a new company in India then you need to record it in Indian official records i.e. Ministry of Corporate Affairs (MCA). One does not need to visit the corporate office for registration as it can be done while sitting at home. The registration includes Digital Signature Certificate(DSC), Director Identity Number(DIN) and filing for an e-form.
Four major steps to register a company/ startup in India:
Step 1: Acquire Digital Signature Certificate (DSC)
The Information Technology Act, 2000 has provisions for use of digital signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically.
Step 2: Acquire Director Identification Number (DIN)
The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of sections 266A to 266G of Companies (Amendment) Act, 2006.
Step 3: Create an account on MCA portal- New user registration @ mca.gov.in
Step 4: Incorporate or Apply for the company to be registered
List of documents required before submission of a company:
- Original copy of formal letter issued by ROC regarding availability of Company name
- DIN of all those directors of a proposed company
- DSC – Digital Signature Certificate
- Form-1 for incorporation of a company
- Form-18 for situation or address of the proposed company
- Form-32 for particulars of proposed directors, managers and secretary
About the Companies Act, 2013
The Companies Act, 2013 passed by the parliament has received the assent of the President of India on August 29, 2013. The act consolidates and amends the law relating to companies. The Companies Act, 2013 has been notified in the official gazette on August 30, 2013. Some of the provisions of the act have been implemented by a notification published on September 12, 2013. The provisions of Companies Act, 1956 is still in force.