subject: How To Register A Company In India [print this page] How To Register A Company In India How To Register A Company In India
Businesses are meant to be legal and should adhere to the rules and regulations formulated by the respective countries. Here lets find out how to register a company in India, whether its a private limited company registration, partnership firm registration or a registration of a subsidiary company in India. So far as Indian formalities to register a company in India is concerned, basically have to follow the norms prescribed by the Ministry of Corporate Affairs ( a regulatory body to look after the corporate sector in India).
There are different norms for each type of business registration. For example to register a private limited company in India the authorized capital and the minimum number of directors in the company are the main concerns. To register a private limited company the minimum authorized capital has been set Rs 1,00,000 and there should be at least two directors in the company holding DIN (Director Identification Number) and Digital Signature (any one of them).
Now in order to register a partnership firm, there should be at least two partners sharing profit & loss of the business. To register a partnership firm or partnership company in India, a partnership deed is prepared and submitted to the registrar of the company. This partnership deed avoid disputes and misunderstandings among the partners.
Lets come to know how to register a company in India whose major stocks are subscibed by the existing foreign company. Here the existing foreign company will have to provide their foreign company incorporation details, board of resolution, number of proposed directors & auhtorized signatory details. All the documents should be attested by the authorized personnel as well as the notary (Attorney) of their concerned countries. In some cases an approval from FDI is also required.
As these all procedures to register a company in India need a legal consultant help. The legal consultant help you in getting your DIN, Digital Signature, company name approval, drafting & stamping of MOA (Memorandum of Articles ) & AOA (Articles of Association) That's the reason you are always suggested to consult a company registration consultant, a practicing company secretary or a practicing Chartered Accountant.
