14/06/2024 Home Decoratives
1. Choose Your Business Structure
The first step in firm registration is selecting the appropriate business structure based on your business needs, number of owners, liability concerns, and tax implications.
2. Register on the Government Portal
Most firm registrations can be initiated on the Ministry of Corporate Affairs (MCA) website or other relevant government portals. The MCA portal is the central hub for registering LLPs, Private Limited Companies, and Public Limited Companies.
3. Obtain Digital Signature Certificate (DSC)
A Digital Signature Certificate (DSC) is essential for online form submissions on the MCA portal. Authorized personnel in your firm must obtain DSCs from government-approved certifying authorities.
4. Obtain Director Identification Number (DIN)
For LLPs and companies, obtaining a Director Identification Number (DIN) is mandatory for all proposed directors. This can be done through the MCA portal by submitting the required documents and paying the applicable fees.
5. Name Reservation
Choose a unique name for your firm and apply for name reservation through the MCA portal. Ensure the name complies with the guidelines and is not similar to any existing company or trademark.
6. Prepare and Submit Documents
Depending on the type of business structure, you will need to prepare and submit various documents. Common documents include:
Identity Proof of partners or directors (PAN card, Aadhaar card, passport).
Address Proof of the business premises (utility bills, rental agreement, property documents).
Partnership Deed (for Partnership Firms).
Memorandum of Association (MOA) and Articles of Association (AOA) for companies.
Other supporting documents as specified by the authorities.
7. Pay Registration Fees
Pay the required registration fees online. The fee structure varies based on the type of business structure and the authorized capital.
8. Certificate of Incorporation
Once your application and documents are verified, the registrar will issue a Certificate of Incorporation (COI) or Registration Certificate. This certificate serves as proof of your firm's legal existence.
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