Company Registration

Registering a company in India can be a daunting task, but it is also a crucial step in starting a business. A registered company is a legal entity that can enter into contracts, sue and be sued, and own assets. It also provides a sense of credibility and professionalism to your business. At TaxOver, we make the process of registering your company easy and hassle-free.

Types of Companies

There are three types of companies in India, each with its own set of regulations and compliance requirements.

1.     Private Limited Company: A private limited company is the most popular type of company in India. It is owned by a group of individuals, known as shareholders, and managed by a board of directors. A private limited company can have a minimum of two and a maximum of 200 shareholders.

2.     Public Limited Company: A public limited company can issue shares to the public and has no restrictions on the transfer of shares. It must have a minimum of seven shareholders and three directors.

3.     One Person Company: An OPC is a new concept introduced by the Companies Act, 2013. It is a hybrid form of a sole proprietorship and a company, where the business is owned and managed by a single person.

Steps for Registering a Company

The process of registering a company in India can be divided into four steps.

1. Obtaining Digital Signature Certificate (DSC) and Director Identification Number (DIN): The first step in registering a company is to obtain a Digital Signature Certificate and Director Identification Number for all the proposed directors.
2. Name Approval: The next step is to obtain approval for the proposed name of the company from the Registrar of Companies (ROC). The name should be unique and should not be similar to any existing company or trademark.
3. Registration with the ROC: After the name approval, the company registration documents need to be filed with the ROC. These documents include the Memorandum of Association, Articles of Association, and other necessary documents.
4. Obtaining the Certificate of Incorporation: Once the ROC verifies the documents and approves the registration, a Certificate of Incorporation is issued, and the company is officially registered.

How TaxOver can help you

At TaxOver, we provide end-to-end solutions for registering your company in India. Our services include:

1. Company Name Search: We conduct a thorough search of the Registrar of Companies database to ensure that the proposed name of your company is unique and not already registered.
2. Preparation of Documents: We prepare all the necessary documents required for the registration of your company, including the Memorandum of Association, Articles of Association, and other necessary documents.
3. Filing of Documents: We file the registration documents with the Registrar of Companies on your behalf and ensure that they are accurate and complete.
4. Obtaining Certificates: We obtain the necessary certificates, including the Digital Signature Certificate and Director Identification Number, on your behalf.
5. Compliance: We provide guidance on the compliance requirements for your company, including filing annual returns, maintaining statutory records, and complying with other regulatory requirements.

At TaxOver, we understand that registering a company can be a complex and time-consuming process. Our team of experts provides end-to-end solutions for registering your company in India, making the process easy and hassle-free. Contact us today to learn more about how we can help you register your company and get your business up and running.